The central bank kept the repo rate unchanged at 6.5 percent in its June MPC meeting, the eight time it held interest rate steady
The Reserve Bank has tightened norms for differential interest rates asking banks to offer them only on term deposits of Rs 1 crore or more, and permitted them to refuse premature withdrawal of such deposits.
Udit Mitra, Director - Research, Mape Securities joins CNBC-TV18 to discuss how the banking stocks are positioned in the current rate-sensitive yet high-inflation environment.