Uday Kotak (@udaykotak) 's Twitter Profile
Uday Kotak

@udaykotak

Founder & Director, Kotak Mahindra Bank

ID: 2572981626

linkhttps://www.kotak.com/en/about-us.html calendar_today17-06-2014 14:23:01

701 Tweet

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Uday Kotak (@udaykotak) 's Twitter Profile Photo

Leading banks are taking 1 year wholesale deposits at ~8%. Translates to loaded marginal deposit cost of 9%+ after CRR (0 interest), SLR, deposit insurance, priority sector. Excluding opex. Low cost Retail Deposits (CASA non wholesale) show muted growth across the system. Yet,