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Banks are offering pandemic special personal loan up to Rs 5 lakh from June onwards
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Small finance banks can undertake all basic banking activities including lending and taking deposits
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With a view to fix the asset-liability mismatch, the Reserve Bank of India introduced non-callable deposits in 2015
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The amounts payable by the customer are not big, but when you add up all the charges, it is not a negligible amount
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Gold loan-focused non-banks like Manappuram Finance have auctioned a record 1 tonne, worth Rs 404 crore, of the pawned gold in the last quarter of 2020-21
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We expect the non-bank reported NPAs to increase to about 4.5-5% by March 2022 vis a vis about 4% in December 2020, ICRA said
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While rural branches went up marginally, banks tried to deliver services through the business correspondents
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Only gazetted holidays are observed by banks all over the country
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Banks have advised depositors to not believe in hearsay and make sure to verify the source of such messages, emails, calls, etc. before sharing any details
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State Bank of India news: Largest lender continuously pushing the customers for contactless banking in pandemic time