A continuation of a pause in interest rates by Reserve Bank of India (RBI) will help to stabilize and ensure that smooth growth rates are achieved, State Bank of India (SBI) chairman CS Setty told reporters on the sidelines of the Citibank investor conference."I think broadly the market expects that there could be a rate pause at this juncture. Growth and inflation dynamics are more important. I think a pause will definitely help us to stabilize in terms of ensuring that the smooth growth rates are achieved," Setty told reporters when asked about the expectations from the monetary policy review.Also read: SBI chairman Shetty sees MPC’s repo rate pause ‘appropriate’ at this juncture: ReportSBI chairman's comments are important as they come from the head of India's largest bank just two days ahead of the policy decision.The RBI will announce its policy decision on Friday. Eleven of the 15 economists polled by ET expect as pause in the repo rate by RBI in its monetary policy announcement on June 5.The RBI last reduced its benchmark repo rate by 25 basis points to 5.25% in December 2025. It has kept interest rates unchanged in the last two policy meetings in February and April 2026.Earlier speaking to investors and corporate executives Setty said India's future growth must strengthen entrepreneurial productivity, improve market access, undertake urban transformation and invest in people."India's civilian age is around 28 years.By 2050, the country's working age population is expected to exceed 1.1 billion people. Investments in education, healthcare, skilling, and female workforce participation will determine whether India fully realizes its demographic potential," Setty said.He said Indian banking will need to step up with an unprecedented scale of financing required over the coming decades."Based on internal assessments, India may require incremental investments of nearly Rs 200 trillion by 2030, another Rs 453 trillion by 2035 across infrastructure, manufacturing, energy transition, urban development, MSMEs, and innovation. For banks to support India's aspiration, they themselves must evolve.Also read: Time for India to focus on business of business, says Uday KotakThe future banking model must be built on ensuring access to banking services across every segment of society and economy, building institutional expertise, financial awareness, and deeper understanding of evolving customer needs, leveraging technology, data, and artificial intelligence to create superior customer experiences," Setty said.Setty expects green financing to become another defining opportunity, requiring a cumulative investment of approximately $20 trillion by 2070 to achieve its economy-wide net zero value.