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Indian Banks Entering Difficult Phase Amid Rising Deposit Costs, Higher Interest Expectations: Axis Bank CEO

Indian Banks Entering Difficult Phase Amid Rising Deposit Costs, Higher Interest Expectations: Axis Bank CEO
Photo: Free Press Journal · view original

India's banking sector faces growing pressure from tighter liquidity, rising deposit costs and expectations of higher interest rates, even as demand for loans remains strong, Axis Bank Managing Director and Chief Executive Officer Amitabh Chaudhry said on Monday. Speaking at a media summit, Chaud...

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