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https://www.ndtvprofit.com/research-reports/indusind-bank-q3-material-rise-in-cost-of-deposits-indicative-of-wholesale-deposit-dependence-yes-securities?utm_source=telegram&utm_medium=referral&utm_campaign=socialshare
What saved the day from NIM was a 151 bps rise in loan-to-deposit ratio to 83.9%, a non-structural factor aiding margin.
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