Sunday, July 29, 2012

SBI's Chaudhuri says liquidity situation still tight, ICICI's Kochhar differs

New Delhi: State Bank of India Chairman Pratip Chaudhuri has said that there is a strong case for the central bank to cut the cash reserve ratio in the forthcoming monetary policy review as the liquidity situation is still tight, contrasting the state-run bank's top private sector rival ICICI Bank's view that cash flow in the banking system is comfortable............

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