State-run Punjab National Bank expects interest rates to be stable till March, if there is no sudden spurt in inflation, its chairman said on Wednesday.
"If 6.5% (inflation) is achieved in inches, interest rates will be stable," KR Kamath said.
Reserve Bank of India had forecast inflation of 6.5% with an upward bias for end-March 2010.
"Interest rates are stable now for the time up to March unless there is a sudden spurt in inflation," he added.
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