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6 months ago

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India cenbank nudges reluctant lenders to raise savings deposit rates

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India cenbank nudges reluctant lenders to raise savings deposit rates

India's central bank is keen that banks pass on the benefits of higher interest rates to account holders by raising the rates they offer on savings' deposits, but lenders are pushing back in a bid to bolster margins, several banking sources said.

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India cenbank nudges reluctant lenders to raise savings deposit rates

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