Indian banks are set for a profit boost on Rs 2,000 notes withdrawal
Indian banks’ lending margins are set to surge with the country’s highest-value currency note being withdrawn, which is leading to an increase in bank deposits. The Reserve Bank of India’s move to withdraw the Rs 2,000 banknote will lead to growth in deposits at banks, according to Axis Mutual Fund.
Disclaimer : Mytimesnow (MTN) lets you explore worldwide viral news just by analyzing social media trends. Tap read more at source for full news. The inclusion of any links does not necessarily imply any endorsement of the views expressed within them.
