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RBI turning dovish may not ease banks' margin squeeze

Current account and savings account deposits are the cheapest source of funds for banks, and they don't have enough of it. RBI turning dovish won't solve the margin problem for now.

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By Sriram Iyer  April 8, 2026, 3:16:15 PM IST (Updated)
RBI turning dovish may not ease banks' margin squeeze
Deposit rates have increased in recent weeks as banks faced cash outflows driven by year-end tax payments. 

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