SBI chief says interest rates have almost peaked

SBI chief says interest rates have almost peaked

Interest
rates have almost peaked, O.P. Bhatt chairman, State Bank of India, the
country's top lender, today said ahead of a meeting of heads of
state-run banks with the finance minister. Bank have raised lending and
deposit rates after the Reserve Bank of India (RBI), late last month,
further tightened monetary policy to rein in inflation.