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Banks facing challenges in raising low cost deposits as people seek better returns

Indians traditionally have been savers and parking money in bank deposits has been among the top go to avenues. But, that seems to be changing with people chasing better returns and turning to investing in equity markets and mutual funds among other things, which perhaps is making it harder for banks to get in more deposits
Shanti Ekambaram Anand Dama Kotak Bank Nims Kotak Mahindra Bank On Kotak Mahindra Bank Kotak Bank
Source: theweek.in

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