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PSU banks, insurance cos told to cut corners

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NEW DELHI: Public sector banks and insurance companies would soon have to initiate cost-cutting measures to bring down non-Plan expenditure. The finance ministry has asked all the banks and insurance companies to bring down their operational cost by 10% by reducing expenditure on programmes that can be avoided.


Added on: Wed Aug 06, 2008 5:04 am by : angelroberts
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