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Bank Deposit Scheme

Dated:- 4-12-2015 - Lending/deposit in the banks is a commercial decision which is regulated by the banks as per their Board driven policies in line with various guidelines of Reserve Bank of India (RBI). Government has recently notified a deposit scheme viz, Sukanya Samriddhi Account Yojana 2014 through banks. RBI has advised banks to achieve a credit deposit ratio of 60% in respect of their rural and semi-urban branches separately on an all-India basis. The Banks should also ensure that wide d .....

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