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India's top private banks saw a slowdown in profit growth. Combined net profit reached 43,641 crore in the June quarter. This is a 2.7% increase, lower than the previous year. Sluggish credit and deposit growth impacted performance. Treasury gains helped support profitability. Some banks like Axis Bank and Kotak Mahindra Bank experienced subdued results.
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Many young people are among those suggesting new themes for the biggest redesign of banknotes in 50 years.
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The UK government says first-time buyers stand to benefit from the plan to develop the brownfield sites.
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