“This will unlock value in the huge B2B (business-to-business) market by increasing access and discoverability of various businesses across the network. “As we look forward to the integration of credit in the ONDC, the business can hugely benefit from the open network ecosystem by being a part of the ONDC,” he said here at a function – ‘B2B Unlocked’.
Banks unlikely to reduce deposit rates despite RBI easing
Following the latest repo rate decrease, bankers foresee only slight adjustments to deposit rates. The landscape, characterized by sluggish savings yields and elevated credit-deposit ratios,