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This is with reference to "SBI hikes lending, deposit rates," (Business Line, April 30). The other PSU banks that have not raised the rates may also follow suit. The Finance Minister should ensure that the lending rates to farmers are not increased.

LIC Housing Finance and other lending agencies in the housing loan business should not raise their lending rates but should use this opportunity to expand their business.

A. Jacob Sahayam

Thiruvananthapuram

Letters to the editor and contributions can be sent by e-mail to: bleditor@thehindu.co.in

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