deposit rates: Kotak Bank says low-cost Casa deposit base 'stable' in Dec quarter
After a few months of decline, the proportion of current and saving account deposits has been "stable" for Kotak Mahindra Bank in the December quarter, a senior executive said on Thursday. On deposit rates and what the account holders should expect, the lender's head of distribution and retail liabilities, Puneet Kapoor, said, "we are in a higher interest rate regime and just a few days ago, went for a 0.05 per cent increase".
Source: indiatimes.com
