India, Nov. 3 -- By Saurav Mukherjee

Mumbai (Maharashtra) [India], November 3 (ANI): State Bank of India (SBI) Chairman CS Setty said the country's largest lender is targeting credit growth of 14-15 per cent and deposit growth of 10-11 per cent, supported by surplus liquidity of Rs 3.5-4 lakh crore.

Speaking exclusively to ANI following the bank's Q2 FY27 financial results presentation, Setty expressed confidence in sustaining credit growth despite concerns over rising borrowing costs and competition for deposits.

"We have given a 14 to 15% credit growth guidance and a deposit growth guidance of 10 to 11%. And we currently have an excess SLR of more than Rs 3.5 lakh to Rs 4 lakh crore, which provides us with enough liquidity to support...