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Covid-19 lockdown: Banks prefer sovereign bonds to credit

MUMBAI, June 21 -- Lack of ample credit demand and the option to pick and choose borrowers has left Indian lenders overflowing with liquidity during the covid-19 lockdown, causing them to beef up thei... Read More


Covid-19 lockdown: Banks prefer sovereign bonds to credit during

New Delhi, June 21 -- MUMBALack of ample credit demand and the option to pick and choose borrowers has left Indian lenders overflowing with liquidity during the covid-19 lockdown, causing them to beef... Read More


Panel seeks ATM withdrawal levy

Mumbai, June 20 -- A Reserve Bank of India (RBI) panel on ATM fees has recommended charging customers for every cash withdrawal above 5,000, a right to information (RTI) petition revealed. RBI is yet ... Read More


Panel sought ATM withdrawal levy

mumbai, June 20 -- A Reserve Bank of India (RBI) panel on ATM fees has recommended charging customers for every cash withdrawal above Rs.5,000, a right to information (RTI) petition revealed. RBI is y... Read More


Panel seeks ATM withdrawal levy

mumbai, June 20 -- A Reserve Bank of India (RBI) panel on ATM fees has recommended charging customers for every cash withdrawal above Rs.5,000, a right to information (RTI) petition revealed. RBI is y... Read More


RBI panel sought levy on every ATM withdrawals above Rs 5,000

Mumbai, June 19 -- A Reserve Bank of India (RBI) panel on ATM fees has recommended charging customers for every cash withdrawal above Rs.5,000, a right to information (RTI) petition revealed. RBI is y... Read More


Wary of contracting infections, people are shunning ATMs

New Delhi, June 19 -- A lengthy lockdown and the fear of infections from mass-use ATMs prompted many Indians to turn to Aadhaar-enabled Payment System (AePS) and point of sale (PoS) terminals to withd... Read More


RBI committee on ATMs mooted charging customers for withdrawals above Rs.5,000

MUMBAI, June 19 -- A Reserve Bank of India (RBI) committee on ATM fees had recommended charging customers for every withdrawal above Rs.5,000, according to a copy of an unreleased report obtained thro... Read More


Borrowers in a fix as mortgage lenders seek fees to lower rates

Mumbai, June 19 -- Home loan borrowers seem to be in a fix over whether to wait for the external benchmark-linked lending rate to take effect, or to pay a fee to avail of the cheaper rates immediately... Read More


LIC Housing Finance reports 39% drop in Q4 net profit to Rs 421 crore

Mumbai, June 19 -- LIC Housing Finance on Friday reported a standalone net profit of Rs.421.43 crore for the three months to March, down 39% from the same period last year, on account of lower net int... Read More