Bank margins may come under stress amid deposit rate war

Over the past few weeks, lenders such as HDFC Bank, ICICI Bank and State Bank of India (SBI) have raised their deposit rates by up to a percentage point to garner more deposits so that they can lend to borrowers across segments — institutional, retail or small-business owners.

from Banking/Finance-Industry-Economic Times https://ift.tt/QYxJ5Z7