Real Estate listing services to buy, sell , advertise property. Buy Residential apartments, flats, house, bungalow, villa, independent house. Get best residential property deals in delhi

State Bank of India is not planning to raise lending or deposit rates before the end of the current quarter, said O P Bhatt, its Chairman.

The bank raised deposit rates by 25-50 basis points and its benchmark prime lending rate by 50 basis points last week.

But it is not looking to raise its Base Rate for now, Bhatt said.

Bhatt said although liquidity is not as much as it used to be, funds are available. But after September there could be pressure on liquidity due to advance tax payments.

Central Bank of India may raise lending rates by 25-30 basis points in the October – December quarter, said R Sridhar, chairman and managing director.

Currently, the bank is seeing about 20-21 per cent year-on-year credit growth.

Most of the credit offtake has been to the infrastructure sector, NBFCs which lend to commercial vehicles and some to textile companies, he said. Within the infrastructure sector, the bank is nearing its sub-limit for the power sector.