PSU banks to cut interest rates | SBI for further cut
 PSU banks to cut interest rates | SBI for further cut
RBI monitors situation to keep markets active, soft interests rates help.

The country's top public sector lender, State Bank of India, today said it is considering further reduction in lending rates. "There is thinking (on these lines)," SBI Chairman O P Bhatt said when asked if there is a possibility of reducing the benchmark prime lending rate (PLR) by the bank.

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