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Hdfc: HDFC merger: PSBs told to push deposits mop-up

India Business News: A presentation by the department of financial services for the FM's meeting with bank CEOs had flagged the prospect of deposits coming under pressure ....

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Bank Boards Can Decide On Waiving Penalty On Minimum Balance: Karad - Jammu Kashmir Latest News | Tourism

Srinagar, Nov 23: The boards of individual banks can decide on waiving the penalty on accounts, which do not maintain a minimum balance, Union Minister of State for Finance Bhagwant Kishanrao Karad said today. “Banks are independent bodies. They have boards which can take a decision to waive off the penalty,” Bhagwant Karad told reporters. The minister was responding to a question if the centre would consider directing banks not to charge any penalty from the accounts where the balance […] ....

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Rupee Bank administrator seeks its merger with another lender

Rupee Bank administrator seeks its merger with another lender
outlookindia.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from outlookindia.com Daily Mail and Mail on Sunday newspapers.

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Rupee Bank administrator seeks its merger with another lender

Rupee Co-operative Banks administrator Sudhir Pandit said on Saturday that he has requested the RBI authorities to merge the city-headquartered bank with another, stronger lender.He had a meeting with Reserve Bank deputy governors Rajeshwar Rao and M P Jain in this regard, he said in a statement here.Liquidation is not the solution. ....

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