Public sector lender Indian Bank has said that its take on lending rates is still to remain unmoved despite the recent policy rate hike by Reserve Bank of India.

RBI has recently raised policy rates by another 25 bps.

"As on date, there is no pressure on our liquidity. We have sufficient liquidity. So we have decided not to pass on higher rates to our customers", Mr T. M. Bhasin, Chairman and Managing Director, Indian Bank said.

Bhasin quoted that presently the only case when the bank would have to incur higher cost will be if it had to borrow funds from RBI.

"For us the deposit growth has been good. There has been accretion of Rs 4,000 crore of CASA in last two months", he said.