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BoI sees 25 bps hike in savings bank deposit rate initially

A Prabhakar, executive director, Bank of India speaking to CNBC-TV18 about the same said that this move might lead to 25-50 basis points increase in savings bank rates, particularly from banks with lower CASA ratio.

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A Prabhakar

BoI sees 25 bps hike in savings bank deposit rate initially