Interest rates to be decided after study: Kamath
New Delhi, Apr 29 (UNI) Country's largest private lender ICICI Bank today said it will study the implications of the central bank's move to raise the cash reserve ratio before deciding on his bank's lending rates.
''We will wait and watch. The liquidity is comfortable in the market, though it might decrease marginally,'' ICICI MD and CEO K V Kamath told reporters on the sidelines of a conference here.
He, however, refused to comment on increase in interest hike, saying it depends on the market behaviour and is determined by demand and supply.
The RBI has further hiked the CRR by 0.25 per cent to 8.25 per cent, while repo and reverse repo rates have remained unchanged in the annual credit policy announced today.
UNI SR PDT GC1442
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