State Bank of India has simplified the process of stopping the EMIs by initiating an SMS communication to nearly 85 lakh eligible borrowers.
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US-based Franklin Templeton's investors impacted by its decision to wind up six of its funds in India may have to wait more than five years to fully recoup their money, news agency Bloomberg reported on Tuesday. The development is the latest turn in the fiasco after Franklin Templeton Mutual Fund - one of India's most prominent mutual fund houses i...
The bank asked customers to report all suspicious transactions to home branches
The one-year MCLR will come down to 7.25 per cent, from the current 7.40 per cent with effect from May 10.
State governments had Rs 3,823 crore loans from RBI in the week ended May 1, compared with Rs 1,063 crore in the previous week, the release showed.
The bank would extend the moratorium to NBFCs on a case-to-case basis after assessing their cash budgets
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