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SBI expects 18-19 pct credit growth in 2011/12 - exec
Lending rates may fall before RBI's rate cut, says SBI
State Bank of India (SBI), the country's largest lender, said interest rates may ease before the central bank reduces the policy rates, as higher rates have started hurting the industry. "Rates are high and obviously it is hurting the industry. We are all hoping for that (lending rates to fall). In the long term, one of the things that will make industry viable and investment come back is to have lower
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