The merchant relationships accrue in fees as the services are charged, in interest income for the lending and also in low-cost current and saving account (Casa) deposits. Having a bigger number of merchants will help the bank's analytics engines gather more intelligence and deploy suitable solutions, the source said.source https://economictimes.indiatimes.com/industry/banking/finance/banking/hdfc-bank-aims-10-fold-growth-in-merchant-segment-in-3-years-to-20-million/articleshow/78347669.cms
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