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MSF rate to fall more, base rate hikes on hold: Yes Bank

Money has got cheaper in terms of incremental deposits though the market is still adjusting to the new rates that Reserve Bank of India (RBI) has set. Rajat Monga, CFO, Yes Bank, expects money to get cheaper by up to 75 bps.

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Deposit Market

MSF rate to fall more, base rate hikes on hold: Yes Bank