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The administration may also raise salaries paid to H1-B visa holders, a move that could significantly increase costs for IT companies that are already facing pressure on margins. (Representational image)

Deregistered cos deposited Rs 17,000 cr post note ban: Govt

Around 2.24 lakh companies have been struck off till date for remaining inactive for two years or more.

5 Nov 2017 5:18 PM IST

RBI has also reported that the general public has withdrawn Rs. 1,03,316 crore from their accounts either over the counter or through ATMs during this period.

RBI relaxes withdrawal norms, nudges retailers

The banks also disbursed over 2.16 lakh crore over the counter and via ATMs from November 10-27.

29 Nov 2016 3:40 PM IST

SBI Cards is also in the process of speeding up customer acquisition process by reducing the delivery period so that more and more people are added to the network.

What SBI interest rate-cut to 6.75 per cent means for your deposits

SBI's deposit rate is currently the lowest in the Indian banking sector for one-year deposits up to Rs 1 crore.

5 July 2017 1:06 PM IST

Panic among people during the initial days (of demonetisation) had led customers rushing to banks and deposit their money. (Photo: Representational Image/PTI)

Banks wear deserted look on last day for exchanging notes

A bank customer claimed that despite shorter queues, a cash crunch persists.

31 Dec 2016 2:12 AM IST