From The Newsroom: SBI cuts rate on retail deposits, others may follow from Livemint Videos. Like this? Watch the latest episode of Livemint Videos on Blip! http://blip.tv/livemint-videos/watch
Banks are relying on the fact that liquidity in the system has significantly improved in recent months. Once the costs of deposits decline, banks will be able to bring down the price of their loans. Mintapos;s Joel Rebello tells us more
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