<ul><li>Private sector banks are expected to benefit more from the Reserve Bank Of India's Repo rate cut, according to Rahul Jain, head of APAC financials and India equity research at Goldman Sachs.</li><li>Jain cautions that deposit rate pressure remains sticky, particularly in retail deposits, due to elevated loan-to-deposit ratios and the competitive chase for funds.</li><li>The liquidity measures taken by the RBI are expected to impact bulk deposits more than retail deposit rates.</li><li>Jain predicts that retail deposit rates could take another quarter or two to start declining significantly.</li></ul>

Private Sector Banks Better Placed To Gain From RBI's Repo Rate Cut: Goldman Sachs' Rahul Jain

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