........Malhotra said a lot of initiatives are being taken to bring down costs. “We are trying to put in automated technology platform with focus on financial inclusion accounts mobilised by business correspondents ... We are trying to take out the manual intervention to slash cost.” The bank’s CASA ratio is under pressure since the last three quarters of the current fiscal. CASA ratio in September quarter was 43.58 per cent against 44.95 per cent in the same quarter FY 2013........
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