Banks may not pass rate hike immediately: Canara Bank

  • 14:55
  • Published On: September 19, 2011
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S Raman, CMD of Canara Bank, believes the PSU banks may not pass the rate hike immediately due to credit growth not picking up. MV Tanksale, CMD of Central Bank, expects retail credit to pick up in the upcoming festive season especially agriculture lending in rabi season.

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