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Uday Kotak’s stark warning and what it means for banks

India’s banking sector is facing an unusual dilemma—one that threatens profitability and long-term sustainability. With borrowing costs exceeding lending rates, banks are caught in a tight spot, struggling to maintain their traditional business models.

April 01, 2025 / 08:07 IST
Uday Kotak has a warning to banking industry on high deposit rates
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