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Public sector banks to offer up to Rs 5 lakh personal loan for Covid treatment
Business loan, oxygen plant loan, restructuring of loans are also in the cards to combat the second wave more effectively
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Fixed deposit rates of top four public sector banks
A fixed deposit (FD) is one of the safest investment options which offers a fixed return without any market-related risks
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Covid-19 impact | Banking hours in Delhi, Kerala and Gujarat reduced; more on the way
As many as 40% of bank employees in Bengal are infected, unions claim as they move the government for reducing banking hours
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Retail loans overtake bank credit to industries
In the new fiscal, banks are slowly aligning their exposure towards retail/personal loans to partake in the credit growth boom
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Jan-Dhan accounts: Lakshadweep tops in average deposits
Lakshadweep tops with a deposit of Rs 18,684 per beneficiary, Manipur is at the bottom with Rs 2,037
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Supreme Court order on interest waiver: PSU Banks may have to take Rs 2,000 crore hit
According to banking officials, initially, 60% of borrowers availed moratorium and gradually the percentage came down to 40% and even less as collecti
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PSB privatisation: Banks remain shut, service hit on Day 2
Bank strike continued for day-two on March 16, led by nine unions of public sector banks, opposing government's policy to privatise the lenders
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Nationwide strike impacts banking services of public sector banks
However, branches of private sector lenders like ICICI Bank, HDFC Bank and Axis Bank are open as they are not part of the strike
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90-Word Edit | Bank strike — A speedbreaker in path of financial inclusion
Stuttering of bank operations due to frequent strikes called by unions does not bode well for the economy and causes immense suffering to customers
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Indian Army personnel to avail benefits of private banking
The bank has signed a memorandum of understanding (MoU) with the Indian Army here for salary account
