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Indian Bank yet to see slowdown in credit flow

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BS Reporter Chennai
Last Updated : Jan 29 2013 | 1:34 AM IST

"Whatever monetary measures, RBI has initiated, we have responded," he said, noting the bank recently increased its deposit and lending rates.

Sundara Rajan said the bank has witnessed a growth in both deposits and loans, but did not offer more details.

"I don't see any slowdown...absolutely no problem at all (despite high interest rates)," he said.

On June 24, the RBI increased the repo rate by 50 basis points, and cash reserve ratio by 50 basis points

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