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Considering Cutting Down Medium-Term Deposit Rates: Yes Bank

PUBLISHED ON: September 19, 2014 | Duration: 8 min, 25 sec

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Yes Bank chief financial officer Rajat Monga tells NDTV that the lender is considering cutting down rates on medium-term deposits but will take the decision after a similar move by large private sector banks. Yes Bank is looking to raise between Rs 2000 and 3000 crore in long-term bonds for lending to infrastructure and affordable housing.
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