RBI’s current account circular helps large lenders gain corporate banking market share: Report

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UPSC Practice recommends RBI’s current account circular helps large lenders gain corporate banking market share: Report.

A fourth of the large and medium corporates said they were banking with at least one among ICICI Bank, Axis Bank and HDFC Bank as against 17 per cent in 2016, it said adding that the private sector banks have grown at over 25 per cent per year.

Courtesy: News-Economic Times

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