Several of them, including HDFC Bank, Axis Bank and Kotak Mahindra Bank, which have been aggressive in signing up credit card customers in the past months, have lined up new offers to encourage customers to use their cards for festive purchases.
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,