Deposit rates stay high on policy uncertainty liquidity concerns
Story date: 2007-10-03 11:27:00
Added on: 2007-10-03 22:00:22
Business Standard - Banks have to cut the deposit rates by 50 basis points this quarter if they want to protect their net interest margins at current levels.” The RBI is, however, unlikely to buy bankers’ uncertainty argument. The central bank is expected to toe ...
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