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Currency with the public has reached a record high level of over Rs 18.5 lakh crore, more than double from a low of about Rs 7.8 lakh crore it had hit post-demonetisation decision in late 2016, as per RBI data. At the same time, the total currency put in circulation by the Reserve Bank of India (RBI) has also more
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SBI's net loss in FY18 stood at Rs 6,547 crore as against a net profit of Rs 10,484 crore in FY17

New Delhi: The combined losses posted by public sector banks (PSBs) in financial year 2017-18 were over Rs 87,357 crore. Scam-hit Punjab National Bank (PNB) topped the list with a hit of nearly Rs 12,283 crore followed by IDBI Bank. Out of 21 state-run
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Airtel and Vodafone both have recharge plans priced at Rs 199.

The launch of Reliance Jio in 2016 transformed the competition going among the telecom operators by making 'data offerings' the new focal point. Other telecom incumbents like Bharti Airtel
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The minimum sum assured under SBI Life's Grameen Bima is Rs 10,00.

SBI (State Bank of India) offers various insurance schemes and protection plans for individuals and their families. It offers SBI Life Grameen Bima, which is a pure term,
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Mudra card is a debit card issued against the Mudra loan account for working capital

Mudra is an NBFC (non-banking finance company) set up by the government that supports development of micro enterprise sector. The purpose of Mudra is to support the small scale businesses that don't have access to formal channel of
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June is the hottest month of the year. Even so for the banks' lending rates. Almost all major banks have raised their lending rates in past few days. From the State Bank of India (SBI) to Punjab National Bank (PNB), from ICICI Bank to Kotak Mahindra
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Some feel that outright ban on cryptocurrency would foster the creation of black market

As less than a month is left before the RBI's (Reserve Bank of India) three-month deadline given to banks for snapping their ties with cryptocurrency firms expires, the cryptocurrency traders and exchanges are in utter
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Depositors are always on the lookout of earning a higher rate of interest in comparison to the State Bank of India (SBI) FD interest rates. When the earnings from a bank fixed deposits (FDs) stay at moderately average level, there are some alternatives such as corporate bonds and fixed deposits (FDs) with small
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Jet Airways offer cannot be clubbed with any other offer.

Jet Airways is currently showering discount on flight tickets under various scheme. The carrier is offering a discount of up to Rs 200 on domestic flight tickets and up to Rs 400 off on
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Users can now change font size throughout the IRCTC website for comfortable view.

IRCTC (Indian Railway Catering and Tourism Corporation) has revamped its website and come up with host of additional features. Recently, Union Minister of Railways Piyush
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Petrol prices came down by 24 paise in Delhi and Kolkata on Sunday, while in Mumbai, the petrol prices came down by 23 paise and by 26 paise in Chennai. The petrol price cut took place for the twelfth day in a row bringing them down to Rs 76.78 in Delhi, Rs 84.61 in Mumbai, Rs 79.44 in Kolkata and Rs 79.69 in
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A person holding a small savings bank account is allowed a maximum balance of Rs 50,000.

State Bank of India (SBI) offers several special types of savings bank accounts. These include the savings plus bank account, basic savings bank account, small
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Y V Reddy headed the Reserve Bank of India from 2003 to 2008.

Kolhapur: Former RBI governor Y V Reddy has slammed the government for the multi-crore fraud at state-run Punjab National Bank (PNB) and said as the owner of public sector lenders, it is answerable to taxpayer losses rising out of such financial scams. In February this year, PNB detected
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Jayant Sinha said government will set up more airports in the country to improve air connectivity

Ramgarh (Jharkhand): Union civil aviation Minister Jayant Sinha on Saturday said the number of air passengers in the country has gone up to more than 10 crore, which is higher than railway passengers travelling in AC coaches. The Union Minister of
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Prices have been reduced for 11th consecutive day today.

Petrol prices on Saturday slashed by 40-42 paise per litre in Delhi, Kolkata, Mumbai and Chennai, compared with the previous day's rates. Diesel prices were lowered by 30-32 paise per litre,
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Indian rupee's movement, fluctuations in global crude oil prices will also set the market direction

The forthcoming release of major macro-economic data points on industrial production (IIP) and retail inflation (CPI), and monetary policy announcements
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Indian Railways' ticketing arm, IRCTC (Indian Railway Catering And Tourism Corporation), offers an array of food items on train seats as well as on railways stations to passengers. The IRCTC meal options vary from a humble janata meal to a lavish
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The airline has invited bids from financial institutions by June 13.

National carrier Air India's employees might have to wait till next week to get their May salaries. An internal notice dated June 6 sent to employees said salaries for May were
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Gross NPAs of SBI till December 31, 2016, were Rs 1,12,343 crore.

New Delhi: State Bank of India (SBI), the country's largest public sector lender, recorded its highest non-performing asset (NPAs) of Rs 1.1 lakh crore in 2017-18, almost equal to what it had registered in the decade before, according to information available through RTI and the
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State Bank of India (SBI) expects to recover around Rs 30,000 crore from the resolution process under the Insolvency and Bankruptcy Code (IBC) during the current fiscal, an official said on Saturday. From the two stressed assets' list referred for
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One has to pay a regular premium on SBIs Life Insurance Poorna Suraksha Plan.

SBI (State Bank of India) offers various insurance schemes such as protection plans, retirement plans, child insurance plans, among others. SBI's Life Insurance Poorna Suraksha Plan for individuals offers comprehensive protection

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AirAsia, being a Malaysian airline, needed FDI approvals to launch airline in India

The enforcement directorate (ED) has collected documents from the commerce and industry ministry's department of industrial policy and promotion (DIPP) relating to FDI
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One can even open an FD with a small finance bank online.

As the fixed deposit (FD) rates of big commercial banks such as State Bank of India (SBI) have now slid below 7 per cent per annum, the small finance banks offer a viable and pragmatic
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In NPS, there is no limit on the maximum amount that can be invested.

If you've still not made your tax investments for this fiscal year, here are two schemes that may offer you additional benefits over and above the limit of Rs 1,50,000 that is
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In US dollar term, gold is likely to be in the range of $1,360 in the upper level, said an expert.

Mumbai: Gold prices are likely to rise up to Rs 34,000 per 10 grams level during Diwali mainly on the back of depreciating rupee and geo-political concerns, according to analysts. Gold prices are likely to hold in the range of Rs 30,000-34,000 per ten
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South African police seized documents from Bank of Baroda branches in Johannesburg and Durban

Johannesburg: South African police unit 'Hawks' on Friday raided Bank of Baroda's offices, and seized documents during an ongoing investigation into corruption that was perpetrated carried out under former president of South Africa Jacob Zuma, a police
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Premji's elder son Rishad is also on the boards of Wipro Enterprises and Wipro Ltd.

Tariq Premji, the younger son of Wipro czar Azim Premji, has been appointed a Director on Board of Wipro Enterprises, the consumer care and lighting arm, said the
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BSBD customers of this account do not need to maintain an average monthly balance.

If you're scared of running short on the minimum balance in your bank account, here's a solution: a Basic Savings Bank Deposit (BSBD) Account should be your pick. A BSBD
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Gold prices' rising spree on Saturday recaptured the Rs 32,000-level by gaining Rs 100 to trade at Rs 32,050 per 10 gram at the bullion market. In past three sessions, starting Wednesday, gold prices have gained Rs 350 in the commodities market.
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Patanjali offers prepaid recharge plans of three denominations: Rs 144, Rs 792 and Rs 1,584.

There can be more competition awaiting the telecom sector - Baba Ramdev-led Patanjali Ayurved is running a pilot prepaid recharge plan worth Rs 149. Thought
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