Surakhpur is Delhi’s first fully digital village.






The Delhi government on Tuesday declared Surakhpur village in south-west Delhi as the capital’s first “fully digital payment enabled village”. An official statement said Sub-Divisional Magistrate Anjali Sehrawat had made the formal announcement. To achieve the feat, the government took a series of steps including sensitising people about the benefits of moving towards less-cash society, training in cashless means of […]




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Bank of India revises lending rates on retail loans






State-run Bank of India today said it has decided to reduce its interest rates on retail loans, including home and vehicle loans, with effect from tomorrow.  The bank earlier reduced its minimum lending rates or marginal cost of funds based lending rates (MCLR) by up to 90 basis points, effective January 7, it said in a release here.  "The revision […]




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Bank of India revises lending rates on retail loans






State-run Bank of India today said it has decided to reduce its interest rates on retail loans, including home and vehicle loans, with effect from tomorrow.  The bank earlier reduced its minimum lending rates or marginal cost of funds based lending rates (MCLR) by up to 90 basis points, effective January 7, it said in a release here. "The revision in rate of interest on retail loans is […]




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Demonetisation: United Bank of India slashes lending rates by up to 0.90%






Public lender United Bank of India slashed its benchmark lending rate by up to 0.90 percent, joining others such as State Bank of India, ICICI Bank, HDFC Bank and Punjab National Bank. The bank’s asset liability committee revised downwards the marginal cost of funds—based lending rate (MCLR) by 0.60-0.90 per cent across different tenures with effect from January 6. The […]




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