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The band bank hopes to recover between Rs 50,000 crore and Rs 64,000 crore of NPA.
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The retail credit remained strong with 12% on-year growth, however the pace has decelerated from 2.6% in July to 1.2% in August on a MoM basis
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The new NAV-eCash card will facilitate both online and offline transactions and is powered with dual-chip technology
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Form D is required to be filled and submitted to the bank/post authorities where the PPF account is held to apply for loan against PPF.
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Post Office term deposit schemes are similar to bank FDs. One can open this account single or jointly with paying a minimum amount of Rs 1,000.
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Fixed deposits: Some private lenders are offering better FD rates across all tenures and also for less-than-36 months.
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Capabilities like paying, saving, borrowing and investing can be done on the app and are being scaled on a daily basis
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According to the Reserve Bank of India, the total number of credit cards was at 63.4 million by the end of July
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Having multiple accounts may sound like a prudent financial move, but you inadvertently end up making your money matters more complex
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The six-member Monetary Policy Committee (MPC), chaired by the RBI Governor, will meet for three days beginning October 6