Will link more products with repo rate: Rajnish Kumar, SBI
  • WebDesk BTVI
  • Aug 19 2019

SBI Chairman Rajnish Kumar says any rate transmission has to happen from both sides and adds that the bank is trying to link liabilities with repo rate, which is an external benchmark. He says that the bank will link more and more products with repo rate for new customers depending on the liability behaviour. He says in terms of NBFCs, the RBI and government have taken measures and it only awaits execution.