Also Read | Relief for Kotak Bank: RBI lifts bar on onboarding credit card, online customers Whereas, the customers with up to Rs. 5 lakh balances and less will not feel any difference in returns.
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Global inflation may keep rates in India higher for longer, too: KotakMumbai: Kotak Mahindra Bank founder Uday Kotak has warned about interest rates staying elevated for a longer period of time due to a higher-than-expected US inflation and firm oil prices.
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