Asia's third-biggest economy probably grew 4.6 per cent last quarter, which would be the slowest since the first three months of 2013, according to a Bloomberg survey ahead of Friday's data release
Acharya, MD of Sundaram BNP Paribas, said the company did not face any liquidity-related issues this year and was comfortably placed in terms of fund raising
For individuals, the rate has been increased to 7.75 per cent for deposits for 12 and 18 months
The company has over 100 branches spread across the country with over 50,000 customers
The total deposit base crossed Rs 1,000 crore last financial year and remains an integral part of the financing mix