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Leaked report exposes TTB, Union bank acquisition deal

Leaked report exposes TTB, Union bank acquisition deal
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Rs 2,000 note exchange: PSU banks see longer queues; banks, customers complain over lack of clarity on rules

Many customers who made large deposits after the withdrawal of Rs 500 and Rs 1,000 notes in 2016 later received income tax notices. Cash deposits above Rs one lakh in the savings account can invite income tax notices, said a bank official.

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