India will grow with coordination between Centre, private sector: Sanjiv Bajaj, Bajaj Finserv
"It is important to say that the LIC IPO should happen on time. The privatisation of the public sector, couple of the banks, and the insurance companies should happen. This will then create traditional confidence."
ATM companies wary of RBI’s Rs 10,000 cash-out fineIn a circular to banks this week, the RBI said that they should monitor the availability of cash in ATMs and ensure that there are no cash-outs. The circular said that banks would be fined Rs 10,000 if there is a cash-out at any ATM for more than 10 hours in a month.
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