In an exclusive interview given to NDTV ICICI Bank Joint Managing Director, Chanda Kochhar, said that it would be early to say that interest rates on retail loans will increase in the wake of the increase in the repo rate by the Reserve Bank of India. She added the bank does not see a pressure on deposit rates and the retail rates might be hiked in case of liquidity getting tighten up.
Regarding loan growth, Kochhar said at present the bank sees a loan growth of 20 per cent, but the composition will change, with retail finance to grow at 12-15 per cent. She said that currently there is no slowdown in corporate investment demand.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment