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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Banking Operations Affected Pan-India Due To Strike

In the first major organised protest against the government's "anti-people banking reforms", 10 lakh bank employees and officials staged a strike on Tuesday, bringing banking operations across the country to a halt. ....

 

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