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Rs 80,000 Crore Chit Fund Scam

Recent Chit Fund scam by various companies have duped thousands of depositors of at least Rs 80,000 crore. This is the estimation...

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Banking News

What is Unified Payment Interface ?

Reserve Bank of India have just launched a Unified Payments Interface (UPI), a Mobile Application enabled payment system for making transaction online to any bank 24X7 without using the account number.Customer of any bank may transact through UPI apps any transaction below Rs 1 lakh,  even something as low as Rs 10.  Unified payment Interface, UPI services are currently launched by State Bank of India, Punjab National Bank, Canara...

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How Does RBI Rate Cut Impact EMI of Loan ?

How Does RBI Rate Cut Impact EMI of Loan ? - Reserve Bank of India has cut the repo rate in their bi...

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RBI Policy Review- Lowest Repo Rate Hike in Six Years

RBI Policy Review- Lowest Repo Rate Hike in Six Years with 25 bps to 6.50%. This year quarter one monetary policy of...

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Banking News

Basic Details of Marginal Cost of Funds based Lending Rate (MCLR) By RBI

Marginal Cost of Funds based Lending Rate (MCLR) is a new lending rate introduce by Reserve Bank of India (RBI) which is...

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Banking News

How To Fill Form 10 (E) For Income Tax Rebate on Arrears Paid ?

How To Fill Form 10 (E) For Income Tax Rebate on Arrears Paid by employer– After the [highlight]10th Bipartite settlement[/highlight] arrears were paid...

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Centre to infuse Rs 5000 Crore in Public Sector Banks

Centre to infuse Rs 5000 Crore in Public Sector Banks by end of march,31st - The Indian government has decided to infuse...

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Banking News

Top 6 Public Sector Bank After Merging

Top 6 Public Sector Bank After Merging - It is the most trending news currently from the banking and financial space.Every day a lot are being flash on various news channel or newspaper about proposed merging of smaller NPA ridden public sector bank with their larger counterpart. Recently Gyan sangam was held where the center of discussion was purely based on the merging of public sector bank with each other. Compare and Calculate the Fixed Deposit Rates of All the Banks...

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