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Banks could see margin pressure in Q4: PNB

PUBLISHED ON: March 4, 2013 | Duration: 9 min, 57 sec

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Retail deposit rates were hiked to bring them in line with the bulk deposit rates, says K.R. Kamath, CMD, Punjab National Bank. He adds that he does not expect much of an impact on margins from this move, although most banks could see some margin pressure in Q4.
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