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First what are your expectations on interest rates currently Ronnie Stanley Jersey , inflationary expectations are building up especially after the latest round of fuel price hike as well, so when do you see inflation peaking out and do you see another rate hike by the RBI in the July 26th policy?

Krishna Kumar: Well as far as the inflationary expectations go, my personal view is it might take another six months for the inflation number really even out or plateau. And I am sure if the inflation rates continue to rise over the next few weeks the Reserve Bank might be forced to increase the rates in the July policy as well.

ET Now: There is a big rate hike on 26th of July will SBI also consider a price hike or a rate hike?

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