Search For "banks"
Lowering of interest rates need of the hour :FICCI
Updated : 8 years, 7 months ago IST
New Delhi [India], Jan. 2(ANI): Commenting on the lending rate cuts announced by banks such as SBI, Union Bank of India and IDBI, FICCI on Monday said lowering of interest rate is the need of the hour.
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After SBI, PNB and UBI cut base lending rate by up to 90 basis points
Updated : 8 years, 7 months ago IST
New Delhi [India], Jan 2 (ANI): A day after Prime Minister Narendra Modi asked banks to prioritize their lending towards the poor and middle class, the country's top PSU lenders such as the State Bank, PNB and Union Bank announced a rate cut in their benchmark lending rates by up to 90
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RBI allows NRIs to exchange defunct notes up to June 30
Updated : 8 years, 7 months ago IST
New Delhi [India], Jan 1 (ANI): The Reserve Bank of India (RBI) has come out with conditions for exchange of defunct notes for those, including non-resident Indians, who failed to do so till Friday, the last day for depositing the invalid currency notes in banks.
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PM Modi gives 60-day interest waiver on farmer loans
Updated : 8 years, 7 months ago IST
New Delhi [India], Dec. 31 (ANI): In a 43-minute address to the nation, the second in the last 51 days, Prime Minister Narendra Modi on Saturday announced a 60-day interest waiver for farmers who have taken loans from district co-operative banks and primary societies.
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India's financial system stable, but banks remain under stress: RBI
Updated : 8 years, 7 months ago IST
Mumbai [India], Dec. 29 (ANI): Performance of the Indian banking sector remained subdued during 2015-16 year amidst rising proportion of banks' delinquent loans, consequent increase in provisioning and continued slowdown in credit growth, said Reserve Bank of India (RBI) on Thursday.
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India's tax collection figures show double-digit growth, says Arun Ja
Updated : 8 years, 7 months ago IST
New Delhi [India], Dec.29 (ANI): Finance Minister Arun Jaitley said on Thursday said that post the government's November 8 demonetisation announcement, a lot more money has come into the banking system with an ability of the banks to lend higher.
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Two arrested in Hyderabad for Rs. 98 crore deposits post demonetization
Updated : 8 years, 7 months ago IST
Hyderabad (Telangana) [India], Dec. 29 (ANI): The Hyderabad Police arrested two businessmen associated with Musaddilal jewellery for allegedly generating 'fake and fictitious' advance payment receipts to deposit Rs. 98 crore in banks post the demonetisation drive on November8.
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Harish Rawat horse trading case: Rebel Congress leader banks on CBI for ju
Updated : 8 years, 7 months ago IST
Dehradun (Uttarakhand) [India], Dec. 26 (ANI): As the Central Bureau of Investigation (CBI) summoned Uttarakhand Chief Minister Harish Singh Rawat for questioning in connection with a sting operation that suggested political horse trading, rebel
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India International Exchange (INX) gets overwhelming support from members,
Updated : 8 years, 7 months ago IST
New Delhi [India], Dec 23 (ANI): India International Exchange (INX), the wholly owned subsidiary of BSE and the first of its kind at IFSC, GIFT City Gujarat recognizes the tremendous response it is receiving from the members at BSE.
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Kerala: ED conducts inspection in state cooperative banks
Updated : 8 years, 7 months ago IST
Kannur (Kerala), Dec. 22(ANI): The Enforcement Directorate (ED) on Thursday conducted inspections in the state cooperative banks of Kannur, Kozhikode and Thrissur.
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PM Modi will conduct a probe against Vadra: Rahul Sinha
Updated : 8 years, 7 months ago IST
New Delhi [India] Dec. 20 (ANI): Bharatiya Janata Party (BJP) National Secretary Rahul Sinha today lashed out at Congress president Sonia Gandhi's son-in-law, Robert Vadra's statement for turning banks into interrogation offices, saying that Prime Minister Narendra Modi will conduc
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Robert Vadra mocks Modi govt. for turning banks into interrogation offices
Updated : 8 years, 7 months ago IST
New Delhi [India], Dec. 20 (ANI): With the Opposition joining hands against the Prime Minister Narendra Modi-led government's decision to demonetise high-denomination currency notes of Rs. 500 and Rs. 1,000, Congress president Sonia Gandhi's son-in-law, Robert Vadra on Tuesday join
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