Deposit rate hikes unlikely for 3 months; RBI action to help NIMs: SBI chairman C S Setty

State Bank of India Chairman C S Setty stated there will be no deposit rate hikes for the next three months. He cited sufficient liquidity in the system as a key reason for this prediction. Setty mentioned that credit growth is expected to sustain at 14 to 15 percent over time. He emphasized that banks need to ensure p…