Certain That Other Banks Will Cut Rates Too: SBI Chief
PUBLISHED ON: September 29, 2015 | Duration: 5 min, 00 sec
SBI chief Arundhati Bhattacharya said that she's certain that other banks too will cut their base rates, after the country's largest lender reduced its minimum lending rate by 40 basis points. The RBI earlier in the day cut repo rate by 50 basis points.
