Friday, November 1, 2013

Bank washes hands of Mamata's savings scheme

......... State-run Allahabad Bank, one of the four 'collecting banks' for the scheme, on Thursday dissociated itself from it saying that the bank was included without consent. While the scheme has already generated a 'lot of interest among people', the bank has declined to be a part of it saying that it needed further clarification from the Reserve Bank of India (RBI).......

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