-The Indian Express As the farm protests in Maharashtra spilled over to MP, with five people killed in police firing in Mandsaur last week, The Sunday Express looks at the economics and politics of the unrest ONE gloomy afternoon this March, a disillusioned Dhanu Dhorde Patil, 43, sat watching his television in Dongaon village, about 2 km from Puntamba in Ahmednagar district, the heart of the recent farmers’ agitation in Maharashtra....
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El Nino threat dips, met department ups rain forecast
-The Times of India NEW DELHI: The weather office expects good rainfall across the country this year. It is expected to touch 98% of the long term average (LPA), the India Meteorological Department (IMD) said on Tuesday , raising hopes of increased rural demand for goods leading to overall economic growth. The latest monsoon forecast is marginally higher than the IMD's earlier estimate of 96%. There's little chance of an El Nino...
More »SBI ATM, online, cash transaction fees change from June 1: All you need to know -Ramarko Sengupta
-The Times of India State Bank of India (SBI) has revised service charges on ATM (Automated Teller Machine) withdrawals for users of its mobile app "SBI Mobile Buddy", as well as for various other cash and online transactions, effective from June 1. The country's largest lender will start charging customers Rs 25 per transaction for withdrawing money from an ATM through its mobile wallet app from Thursday. The SBI mobile wallet allows...
More »Norms to protect customer in fraudulent transaction soon: RBI
-PTI MUMBAI: Reserve Bank will soon come out with final guidelines on customer protection which would limit customers liability in case of unauthorised electronic banking transactions, RBI deputy governor S S Mundra said on Tuesday. Last year in August, RBI had issued draft circular on limiting liability of customers in case on fraudulent banking transactions, resulting in debits to their accounts or cards. RBI had asked comments and suggestions on the same. "Based...
More »Government to step up mergers in PSU banks: Arun Jaitley
-The Times of India NEW DELHI: The Centre will pursue more mergers in the state-run banking space as the aim is to have a handful of strong and bigger banks of international level, finance minister Arun Jaitley has said. "Today banking is not what it used to be 10-20 years ago... Is it necessary to have 30-32 public sector banks, some of them weak? Obviously not. What will you do with...
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