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Searched Tag: ashima goyal

Ashima Goyal, an external member of the Reserve Bank of India's Monetary Policy Committee (MPC), emphasized the need for banks to make retail deposits more appealing to customers.

RBI MPC member Goyal urged banks to enhance attractiveness of retail deposits

April 22, 2024, 08:57 AM - 2 min read

Goyal highlighted the tendency of banks to offer better interest rates for bulk corporate deposits, neglecting retail deposits that contribute significantly to long-term liquidity.

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