Indian Post Office also wants to be a Banker
India’s bid for expanding financial inclusion received a minor setback on Monday. A mere 26 applications were received for new bank licences by the Reserve Bank of India (RBI) on …
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Indian Consumers in Distress
The Reserve Bank of India (RBI) blinked in its standoff with the Indian finance minister P Chidambaram. The Indian central bank lowered the rate at which it lends to banks …
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