May consider lowering lending rates, says Pratip Chaudhury
Pratip Chaudhuri, chairman of India's largest lender, SBI, tells NDTV Profit that there is a possibility to re-look at lending rates, after the announcement of a 75bps cut in the marginal standing facility rate by the Reserve Bank of India. Mr Chaudhuri also says the cut in the CRR requirement for banks, though a good move, does not help much. He also shares with us his views on the bank's current NPA status and overall health.
