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deposit rates: Kotak Bank says low-cost Casa deposit base stable in Dec quarter

After a few months of decline, the proportion of current and saving account deposits has been "stable" for Kotak Mahindra Bank in the December quarter, a senior executive said on Thursday. On deposit rates and what the account holders should expect, the lender s head of distribution and retail liabilities, Puneet Kapoor, said, "we are in a higher interest rate regime and just a few days ago, went for a 0.05 per cent increase".

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