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The move is intended to make it easier for people to access banking services, but some warn it will lead to more branch closures.
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Analysts estimate economic losses at more than $50bn as the fires burn through some of the most expensive property in the US.
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Indian Renewable Energy Development Agency (IREDA) Ltds net profit for Q3 grew by 26% to Rs 425.4 crore, driven by higher interest income, increased loan sanctions, and lower borrowing costs. Revenue rose 36% to Rs 1,698 crore. The company's loan portfolio expanded to Rs 68,960 crore, supported by increased disbursements and improved asset quality.
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