The report further said, gradual increases in domestic interest rates will boost net interest margins because banks will be able to pass on higher rates to borrowers, while their funding costs will increase marginally because banks have reduced the share of high-cost corporate term deposits in total deposits.source https://economictimes.indiatimes.com/industry/banking/finance/banking/decline-in-bad-loans-to-improve-profitability-of-banks-report/articleshow/90783805.cms
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