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Cash, Jewellery Worth Rs.1.25 Crore Stolen From Bank In Maharashtra

Saturday, February 9, 2019, 10:52 AM

Cash and gold jewellery worth Rs. 1.25 crore was found to have been stolen from a branch of Yashvant Co-operative Bank in Maharashtra, the police said. The branch is located at village Kale in Panhala tehsil. Senior police official Mangesh Desai said the unidentified thieves broke into the bank by cutting iron bars of the window using a gas cutter.
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Public Sector Banks to be ranked on basis of performance

Saturday, February 9, 2019, 9:11 AM

The government will start surveying public sector banks annually to rank them on performance parameters ranging from profitability to customer satisfaction. Last year, the government had initiated its reforms agenda for state-run lenders termed EASE Enhanced Access and Service Excellence and directed them to draw up a board-approved strategic vision consistent with their risk-appetite framework.
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Banks need Rs 20L cr deposits for credit growth, may up rates: Report

Wednesday, February 6, 2019, 4:14 PM

The jump in credit growth will require banks to raise over Rs 20 lakh crore in deposits by March 2020 and may also push up interest rates, a report said Wednesday. The healthier private sector lenders will account for up to 60 percent of the incremental deposit mobilisation, domestic ratings agency Crisil said in a report.

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