“The scope of this new investigation is much wider and deeper, covering the entire bank, and will also address any lapses in accounting, including holding management accountable for any deviations that come to light,” an official said.
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,
December 8, 2025