Send 40% Currency To Rural Areas, RBI Tells Banks

Admitting to the cash crunch prevailing in rural areas, the RBI on Tuesday asked commercial banks to send at least 40 per cent of the currency meant for circulation to their rural branches.....

 

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One Million Bankers To Strike Work On February 28

Around one million bankers will go on strike on February 28 following the failure of conciliation talks between the United Forum of Bank Unions (UFBU) and the management, a union leader said on Tuesday. ....

 

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