Monday, May 25, 2020

Kotak Mahindra Bank slashes interest rate by 0.50 pc on savings deposits

It can be noted that deposit rates across the system are dipping due to a combination of an interest rate lowering by the Reserve Bank of India and also a lack of loan growth where the money can be deployed.

from Personal Finance News-Wealth-Economic Times https://ift.tt/3c9NfMB

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