The bank has been growing at 2 to 3 per cent above industry growth rate.
Rupee opens weaker tracking non-deliverable forwards while lower stock futures also hurt sentiment.
Rupee hit a life-time low of 68.85 against the US dollar on August 28.
Banks could raise their lending rates following RBI's monetary policy announcement on Friday as tight liquidity could increase cost of funds
New RBI Guv Raghuram Rajan is following in the footsteps of his predecessor D Subbarao.
'There was no need to increase the repo rate at this juncture.'
India Inc surprised,says Raghuram Rajan hurting growth,says expected too much from new Guv.
Rupee moved down further to 62.20 per dollar on good demand for dollar from banks.
Restrictions were relaxed in recent weeks after Raghuram Rajan took over new RBI chief.
Indian rupee is seen edging up and will be in a narrow range ahead of RBI monetary policy review meet.
The credit in amount terms during the quarter was at Rs 55.42 lakh crore.
The FIPB approved raising the foreign equity holding in Axis Bank to 62 per cent from 49 per cent.
The Indian rupee had settled just a paise lower at 63.38 against the dollar in Wednesday's trade.
On the domestic front,views on the Fed's tapering ranged from $5 billion to $15 billion a month.
Basis of the expectation is based on economic developments in the last one to two months.
Some banking customers continue to undertake online trading in foreign exchange on portals.
'We expect that RBI will keep repo rate on hold and currency stabilisation measures in place.'
The loans will be utilised for corporate purposes and for trade finance,the bank said.
The State Bank of Patiala has converted its branch in Sector 35-D of Chandigrh into an all women branch.
Most emerging Asian currencies rallied on Monday with India's rupee at a near one-month high as Lawrence Summers quit the race to be Federal Reserve chief,sparking hopes that the U.S. central bank may keep monetary policy loose for longer.