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Structural deposit pressure off Indian banks; thanks to RBI's liquidity steps: Fitch
RBI's liquidity support, including government securities purchases and a CRR cut, has eased deposit pressures on Indian banks. This intervention has softened funding conditions and lowered deposit costs, providing short-term relief. While net interest margins are expected to shrink in FY26, they should improve in FY27, but the durability of these gains hinges on economic stability and continued...
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