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Change in base rate to depend on deposit rates: HDFC Bank

HDFC Bank has cut its minimum lending rate by 20 basis points, effective today. Speaking to CNBC-TV18, Paresh Sukthankar, Executive Director, HDFC Bank said that any change in base rate will depend on deposit rates, which in turn depends on liquidity.

first published: Jul 2, 2012 02:15 pm

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