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Banks give cold shoulder to Rupay, an affordable Indian alternative to Visa and MasterCard.

Banks ignore Rupay, hit PM's digital plan

Issue foreign cards by default; traders stick to cash.

6 Dec 2016 1:03 AM IST

State Bank of India (SBI), the largest public sector lender in the country, on Friday said it has received nearly Rs 40,000 crore as deposits in the last two days. (Representational image)

Banks flush with cash, likely to cut rates soon

SBI gets Rs 40,000 crore in just two days; all banks combined Rs 2 lakh crore.

12 Nov 2016 12:18 AM IST