The move, initiated more than a year ago, could trigger a migration of many lucrative current accounts - which lower a bank's fund cost and cash management business - from MNC banks to public sector lenders and some of the large private sector Indian banks.source https://economictimes.indiatimes.com/industry/banking/finance/banking/rbi-sets-july-30-deadline-for-banks-to-move-current-accounts/articleshow/83974511.cms
No comments:
Post a Comment