Pause gives banks breathing space, rate cut likely in December: SBI MD
The Economic Times·2025-10-01 09:36
Speaking to ET Now, Tonse said that rate transmission has already played out significantly in the banking system. “On the asset side, the adjustment happens almost instantly. On the deposit side, we have limitations, but since February we have seen more than 106 basis points transmission on fresh deposits and about 22 basis points on overall deposits,” he noted.He further added that SBI expects the terminal Busy season demand boostTonse highlighted that the traditional busy season is setting in earlier thi ...