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Cash crunch eases, 86% ATMs are working fine

The crisis of the cash started in the country and 86% of the ATMs are working. Officials said that cash is being delivered in...

ATM cash crunch: Decreasing digital transaction causes cash crunch as per SBI, shortfall at...

According to the Central Government and the Reserve Bank, there is no shortage of cash, but according to the SBI Research Report, the reason...

ATM Cash Crunch: PM Modi has destroyed India’s banking system – Rahul Gandhi

The Congress president said the cash crunch is happening because Modi has "destroyed the banking system." Rahul alleged that Nirav Modi fled abroad with Rs...

World Bank predicts 7.3% growth for India this year

World Bank predicts the Indian economy to be 7.3% this year. Simultaneously, the economy is gradually recovering from the impact of decisions such as...

RBI bans all Indian banks from issuing LoUs

RBI has banned the issuance of Letter of Undertaking ( LoUs) and Letter of Comfort (LOC) to companies for import on all the banks of...

HDFC Bank blocks all card to buy cryptocurrency

HDFC Bank today blocked its cards from being used to buy/trade in cryptocurrency. Banks also had reportedly stopped or delayed processing deposits and withdrawals...

SBI reduces charges for non maintenance of minimum balance

SBI has reduced the penalty on non-maintenance of account balance by 75%. In such a situation, now any customer will not have to pay...

India fastest growing economy, GDP growth at 7.2% in Q3

This is the highest quarterly growth recorded since July September quarter of 2016-17. Asia's third largest economy, growth 7.2% in the October-December quarter, its fastest pace...

Budget 2018: SBI hikes interest rates on fixed deposits

State Bank of India (SBI), has increased interest rates on fixed deposits and term deposits. Interest rates on 9th maturities of different maturities have...

PF: EPF rate cut to 8.55%

The decision of the Central Board of Trustees (CBT) of Provident Fund Organisation (EPFO) has reduced interest rate on deposits to 8.55% for 2017-18...

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