Mumbai, Feb. 7 -- State Bank of India (SBI) Chairman CS Setty on Saturday said the India-US trade agreement, along with the other recently concluded Free Trade Agreements (FTAs) are extremely positive for the Indian economy.

While responding to a question by ANI on the India-US trade deal at a press conference, Setty said, "It's not only the India-US deal, but also other trade deals, whether it is with the EU or the FTA with the UK in the past, all these are extremely positive for the Indian economy."

"One big positive development is that there's no overhang of tariffs," he said, adding that the agreement opens up significant opportunities for both corporates and micro, small and medium enterprises (MSMEs) to integrate with global suppl...