Citi said FCNR-B inflows are a key catalyst for Kotak Mahindra Bank, with the bank initially using the funds to replace high-cost wholesale deposits and borrowings before deploying surplus liquidity into higher-yielding assets.
Citi said FCNR-B inflows are a key catalyst for Kotak Mahindra Bank, with the bank initially using the funds to replace high-cost wholesale deposits and borrowings before deploying surplus liquidity into higher-yielding assets.
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