Banks may increase deposit rates by 15-20 bps in FY25, says ICRA
The hike in rates will be due to the high credit-deposit ratio, which the banks will like to bring down, experts say
Source: moneycontrol.com
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Banks struggle to attract deposits as customers chase high return equity-linked products
To lure depositors, banks have come with special deposit products and schemes offering higher rate of returns for certain tenures. However, it is going to be tough to compete with higher returns offered by other instruments, experts say.
Source: moneycontrol.com
kotak mahindra bank share price: Kotak Mahindra Bank shares rally as management rejig reduces attrition risk
Analysts say the rejigs in top management largely just increase the coverage of responsibilities of existing senior management personnel.
Source: indiatimes.com
Kotak Mahindra Bank shares gain nearly 2% after lender rejigs top management
KVS Manian has been re-designated as the bank's joint managing director, while Devang Gheewalla has been appointed as the new chief financial officer
Source: moneycontrol.com
Kotak Mahindra Bank management rejig: Nomura India shares target price on stock
Kotak Bank share price: Changes made to the Kotak Mahindra Bank’s top management largely increase the coverage of responsibilities of existing senior management personnel. Nomura views the development positively.
Source: businesstoday.in