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  ATMs to dispense Rs 50 notes from November 11, says RBI

  November 10, 2016 18:04 IST

  In a move that should come as a relief to people left scrambling following the government’s decision to scrap high-denomination notes of Rs 500 and Rs 1000, starting November 11, ATMs in the country will

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  9th November News in Nutshell: Important stories of the day

  India | November 09, 2016 19:13 IST

  Important stories of the day

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  Banks to remain open this weekend to tackle rush after ban on Rs 500, Rs 1000 notes

  November 09, 2016 19:00 IST

  Banks in the country will remain open for public transactions on Saturday and Sunday, the RBI said today.

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  Here are the salient features of new Rs 500, Rs 2000 notes

  November 09, 2016 18:24 IST

  A day after scrapping Rs 500 and Rs 1,000 currency notes, the government today announced that the new hard-to-fake Rs 500 and Rs 2,000 currency notes will be available at bank ATMs when they start

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  After burning down govt schools, Lashkar-e-Taiba’s new target in Kashmir are banks

  India | October 28, 2016 11:21 IST

  After burning down at least 20 schools in the Valley in the past three-and-a-half months, the Lashkar-e-Taiba has now threatened banks in Kashmir.

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  ‘Use bank’s own ATM network as pro-active measure’: SBI’s advice for its customers

  October 21, 2016 17:14 IST

  After the security breach of around six lakh debit cards, the nation's largest lender State Bank of India (SBI) has advised its customers to make use of the bank’s own ATM network instead of other

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  Leading banks recall 32 lakh debit cards over security breach; govt says ‘they are safe’

  October 20, 2016 23:54 IST

  In biggest ever security breach of over 32 lakh debit cards of various banks, several banks have recalled a large number of cards while others such as, HDFC Bank, have urged customers to change their

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  No need to panic, debit cards are safe, says Finance Ministry

  October 20, 2016 22:05 IST

  In the midst of fear due to security breach of over 32 lakh debit cards of various banks, Finance Ministry on Thursday sought to calm people down by saying that they constitute only a small

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  SBI’s bond issuance to set pricing benchmark for other Indian banks: Moody’s

  September 14, 2016 10:01 IST

  Credit rating agency Moody's Investors Service on Wednesday said the State Bank of India's (SBI) issuance of additional tier 1 (AT1), Basel III compliance securities would set the pricing benchmark for other issuers.

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  Fear of CBI, CVC ‘bizarre’: Panel asks banks to use wisdom while funding

  August 15, 2016 16:03 IST

  A Parliamentary panel has asked lenders to take decision on financing of stressed assets as per their “own wisdom” and on the basis of the project’s viability, after it found the banks working under the

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  Banks roll out voice recognition to facilitate authentication process for phone banking

  July 28, 2016 14:12 IST

  A new measure introduced by some private banks makes the process of authentication adopted for phone banking much easier for users. In what will come as a major relief for users who frequently use phone

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  Govt pumps Rs 23K crore lifeline into 13 public sector banks for FY17

  July 19, 2016 16:55 IST

  New Delhi: The Ministry of Finance today allocated Rs 22,915 crore capital to as many as thirteen public sector banks including SBI, PNB and IOB to give a boost to their lending operations and ensure

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  RBI directs banks to exchange upto 20 soiled currency notes free of charge

  July 15, 2016 18:11 IST

  Mumbai: In an effort to provide better services to customers, the Reserve Bank of India today asked banks to swap up to 20 pieces of soiled currency notes with a maximum value of Rs 5,000

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  Arun Jaitley bats for lower interest rates on deposits

  July 09, 2016 20:42 IST

  New Delhi: Finance Minister Arun Jaitley has questioned the high interest rate regime for domestic savings, especially when the propensity to park funds in banks is high in India and the corporate sector constantly complains

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  SBI named in 'Hall of Shame' list of banks funding cluster bomb makers

  June 19, 2016 20:42 IST

  New Delhi: State-run banking behemoth State Bank of India (SBI) has been given a spot in a 'Hall of Shame' list of 158 banking and financial institutions globally that have invested heavily in companies making

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  Arun Jaitley promises greater capital support to lenders, says defaulters won't be able to sleep well

  June 05, 2016 16:30 IST

  Osaka: As ten state-run banks have been swept by a wave of loss in the March quarter, Finance Minister Arun Jaitley vowed to provide greater capital support to lenders while warning that defaulters will not

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  India to have 8-10 competitive public sector banks: Jayant Sinha

  National | May 27, 2016 23:34 IST

  India will have 8-10 very competitive public sector banks once the "dust settles" and the consolidation phase ends, Union Minister Jayant Sinha said on Friday.

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  Top 50 defaulters owe up to Rs 1.2 lakh crore to state-run banks

  May 03, 2016 22:20 IST

  New Delhi: The top 50 defaulters of public sector banks (PSBs) had exposure in excess of Rs 1.21 lakh crore as on December 2015, parliament was told today. "The total exposure of top 50

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  Vijay Mallya not cooperating with probe, banks tell Supreme Court

  April 25, 2016 21:58 IST

  New Delhi: The consortium of banks on Monday alleged in the Supreme Court that Vijay Mallya, who has been in United Kingdom, is not cooperating in the investigation of cases lodged against him and was

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  All defaults are not wilful, neither all lending corrupt: Vinod Rai

  April 21, 2016 10:08 IST

  Pune: Former Comptroller and Auditor General of India and Banks Board Bureau chairman Vinod Rai on Wednesday said not all loan defaults are willful and not all lenders are corrupt as he stressed that ongoing