The government aims to promote digital transactions through Pradhan Mantri Jan Dhan Yojana to reduce the number of dormant accounts, a senior Finance Ministry official
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Banks Hike Prime Rates to 8.50% Impacting Small Business Borrowing
Wells Fargo Bank announced increases in their prime lending rates to 8.50 percent, up from 8.25 percent, effective July 27, 2023. The move signals an
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Bank Stocks: Regional Banks Mixed As Reports Roll In; Truist Delivers Rare Sector Miss
Bank stocks are generally having a solid week as the largest U.S. financial institutions wrap up quarterly results and regional firms begin releasing their results.
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