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How To Exchange Banned Rs 500 & Rs 1000 Currency Notes ?

Government of India and Reserve Bank of India (RBI) has banned the existing Rs 500 and Rs 1000 notes from the circulation and transaction with immediate effect. Starting 09th Nov transaction in these two currencies are not valid as the...

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Banker’s DA For November 2016, Increase of Salary by 2.30%

Banker's DA For November 2016- The Dearness allowance in public sector banks for the months of Nov, Dec and Jan 2017 has been increased by 2.30%  to 47.80% as compare to previous hike in the month of August 2016. Salary...

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Government Infuse Rs 22,915 Crore Capital in Public Sector Banks

Central Government Infuse Rs 22,915 Crore Capital in various Public Sector Banks as per the requirement of individual banks depending on the various criteria. The government in July had announced the first round of capital infusion of Rs 22,915 crore for...

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How To Buy Property from Legal Heirs ?

Before financing the Housing loan or Mortgage loan or any loan against the mortgage of property, follow the specified guidelines for correct procedure if property are being mortgaged by legal heirs or property bought by legal heirs. In India property...

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Lowest Profit in 5 Years By SBI, Slumps 66%

India largest lender and dreamed to be the 55th largest bank in the world by assets after the [highlight]merging of proposed associates bank[/highlight], State bank of India (SBI) has shown the slumps in 66% profit to Rs 1,263.81 crore in Q4...

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Government Hints Merging of Banks to Six

Central Government has hinted the proposed merging of Public sector banks from existing 27 to consolidated six. Banks Board Bureau (BBB) chief Vinod Rai, in recent meeting with top media houses has hinted the start of proposed merging and told that...

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Rs 80,000 Crore Chit Fund Scam

Recent Chit Fund scam by various companies have duped thousands of depositors of at least Rs 80,000 crore. This is the estimation provided by Central Bureau of Investigation (CBI) . Majority share of this scam is from eastern state of...

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What is Unified Payment Interface ?

Reserve Bank of India have just launched a Unified Payments Interface (UPI), a Mobile Application enabled payment system for making transaction online to any bank 24X7 without using the account number.Customer of any bank may transact through UPI apps any transaction below Rs 1 lakh,  even something as low as Rs 10.  Unified payment Interface, UPI services are currently launched by State Bank of India, Punjab National Bank, Canara Bank, Bank of Baroda, Union Bank of India, Bank of India, ICICI Bank, HDFC Bank, Citibank and HSBC...

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