China's Banks Try To Salvage Record Low Margins
Edited By WION Video Desk
Published: Oct 18, 2024, 06:15 IST | Updated: Oct 18, 2024, 06:15 IST
China's biggest state-owned lenders cut their deposit rates on Friday, their second decrease this year. The latest move is to salvage record-low margins amid reduced profitability.
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