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SBI to raise $1 billion through overseas notes in FY12: Chairman

Deposit rates will remain stable and lending rates are unlikely to go up for the next few months, OP Bhatt said.

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SBI to raise $1 billion through overseas notes in FY12: Chairman
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State Bank of India, the country's largest lender, plans to raise at least $1 billion through overseas notes in the fiscal year starting April 1, its chairman said.

Deposit rates will remain stable and lending rates are unlikely to go up for the next few months, SBI chairman OP Bhatt said.

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