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Urjit Patel has a grim warning for India's financial sector

India must keep public finances healthy to save financial sector from a possible second wave of risks, Patel said.


07 April, 2020, 12:18 AM IST



ICICI Bank slashes FD rates by up to 50 bps. Check the latest rates here

From now, the one-year FD will fetch 5.8 per cent per annum, down from 6.2 per cent (a 50 bps cut) and five-year FDs will now earn 6 per cent, down from 6.4 per cent (a reduction of 40 bps).

Govt may cut interest rate on PPF, NSC, other small savings schemes next quarter

During the current quarter, the government refrained from cu...

India Post records transactions worth Rs 2,680 crore in 3 days

According to data shared in the statement, people deposited a total amount of ...

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