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Hoping for reduction of rates from middle of FY25: SBI Chairman Khara

Khara also says, in an interview with Manojit Saha, the bank has a plan to plough back a significant part of its profit this financial year, and that would increase capital adequacy ratio by 140 bps

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Dinesh Khara, chairman of State Bank of India

8 min read Last Updated : Dec 18 2023 | 12:31 AM IST

Dinesh Khara, chairman of State Bank of India (SBI), exudes confidence about demand for wholesale loans as the bank has a sanction pipeline of Rs 4.7 trillion. Khara also says, in an interview with Manojit Saha, the bank has a plan to plough back a significant part of its profit this financial year, and that would increase the capital adequacy ratio by 140 basis points. Edited excerpts:

The US Federal Reserve (Fed) has indicated there could be rate cuts next year. Do you think the Reserve Bank of India (RBI) will also be in a position to reduce the repo

Topics : sbi US Federal Reserve Indian Economy RBI Companies

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