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Banks Allowed To Lend More To Some Non-Banking Financial Companies

Banks Allowed To Lend More To Some Non-Banking Financial Companies

The central bank on Friday increased lenders' single borrower exposure limit for non-banking financial companies (NBFCs) which do not finance infrastructure, to 15 per cent of capital funds.

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Post Office Saving Schemes With 8% Interest Rate, Income Tax Benefits
Four of the nine saving schemes offered by India Post fetch interest rates of 8% or more.

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