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Photo: Pradeep Gaur/Mint
Photo: Pradeep Gaur/Mint

Banks, financial institutions more optimistic: survey

Improvement in liquidity, reduction in the cost of funds expected in coming quarters, finds CII-IBA survey

Indian banks and financial institutions are more optimistic about the financial sector. They expect an improvement in liquidity and a reduction in the cost of funds in the coming quarters but do not expect much of a pick-up in economic activity owing to rising inflation and tepid credit growth, according to a CII-IBA survey on financial conditions.

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