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'Borrow at 9%, lend at 8.5%...' - Asia's richest banker Uday Kotak flags challenge to banking business modelUday Kotak cautioned that banks are facing a serious shortage of deposits, which is affecting their profits. He pointed out ...
Central Bank of India and Union Bank of India are offering the lowest interest rates starting at 8.10%, while private banks ...
Kotak Mahindra Bank's Uday Kotak warns of negative spread as Indian banks struggle with deposit mobilisation challenges.
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