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Year-end special 2023: RBI initiatives cheer bank customers in 2023, but credit card holders contend with fewer benefits

Yearender 2023: From launching the UDGAM portal for unclaimed deposits to instructing banks on timely return of property documents to borrowers, the central bank initiatives made life easy for bank customers. RBI’s stance on interest rates will be keenly watched in 2024, with some market watchers expecting reduction in rates from the second half of next year. ....

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