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New age fintech players are agile, innovative and fiercely customer centric, thus paving way to the new phase of banking.
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Phishing-related frauds is the most common different age groups, a survey by FIS, a global Fortune 500 company has found.
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The new payment aggregator rules being drawn up by RBI might be inconvenient to customers and RBI must find a midway between security and convenience
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The Pune-based lender has also revamped its gold loan scheme, offering loans up to Rs 20 lakh at a 7.10% interest rate, with zero processing fee
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The currency in circulation in India has already reached a large level of Rs 29.6 trillion and any increase from that level will be nominal.
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Around 1 lakh depositors of PMC bank are expected to get the benefit from the amendment to the DICGC Act.
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These changes were made by amending the Foreign Exchange Management (Non-debt Instruments) Rules, 2019
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Canara Bank, Punjab National Bank, and Bank of India offer FD tenures ranging from 7 days to 10 years
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Authorised card operators will be allowed to store credit and debit card details but they won't be able to use the same for auto-checkout.
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If you have multiple liabilities and are unclear about prioritising them in the best possible way, it would be wise to seek professional help