Home, auto loan demand surge after SBI cut base rate: Pratip Chaudhuri

State Bank of India on Monday said it expects to clock a net profit of Rs 14,000-15,000 crore in the current fiscal, backed by strong internal generation and robust demand for loans. "We got an allocation of Rs 3,000 crore this year (capital infusion by the government) and we expect to make a net profit of Rs 14,000-15,000 crore this year," State Bank of India (SBI) Chairman Pratip Chaudhuri told a television channel. SBI had...