Diabytes
SBI research report News
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The report said that data on Cross Country Deposit insurance Coverage limit shows that Deposit insurance coverage in India is one of the lowest at Rs 1 lakh/USD 1508 /0.9 times India's per capita income.
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The report however noted that to manage the fiscal deficit, the government needs to cut expenditure substantially.
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Payments banks can annually free up a whopping Rs 14 trillion in incremental credit for the fund-starved infrastructure sector, says a SBI Research report.
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