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RBI likely to hike repo by 25bps; cost of funds key: UCO Bk

Speaking to CNBC-TV18, Arun Kaul, chairman, UCO Bank, says the decision on increasing base rates will depend on the cost of funds. While banks have reduced rates, if the cost of funds go up, then banks will be forced to pass on the burden to customers, he adds.

first published: Dec 13, 2013 11:46 am

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