scorecardresearchWill increase interest rates if imperative, says SBI MD after RBI MPC meet

Will increase interest rates if imperative, says SBI MD after RBI MPC meet

Updated: 11 Apr 2022, 09:03 AM IST
TL;DR.
  • RBI announced the introduction of the standing deposit facility (SDF) at 3.75 percent to suck out the surplus cash from the economy.
Tewari, while talking to ET Now after the RBI MPc outcome, underscored that the bank had been increasing deposit rates in different maturities.

Tewari, while talking to ET Now after the RBI MPc outcome, underscored that the bank had been increasing deposit rates in different maturities.