The new norms would also impact net interest margins (NIM) as the stock of low yielding g-sec rises in banks’ books, and intensify competition for retail deposits, the people cited above said.
Warren Buffett’s 7 golden rules for young investors trying to manage finances
Warren Buffett shares seven essential financial lessons for young investors, emphasising frugal living, eliminating high-interest debt, long-term investing, understanding businesses, maintaining cash reserves and portfolio