Banks in favor of reducing interest rates, Rshatra Bank's plan to eliminate cash margins first

 

After the decrease in the demand for loans in banks, the opinion that the interest rate on deposits should be reduced from January 1 is getting stronger.  Bankers say that even in the middle of January, there is no pressure on liquidity and when the interest rate is high, there is no demand for loans, so there is a strong opinion that the interest rate should be reduced.

Banker Sudesh Khaling says that due to the market conditions, the interest rate should be reduced.  He said that the increase in loans compared to deposits is minimal and since there is no demand for loans when the interest rates are high, the interest rates on deposits should be reduced from January.

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