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Bank Nifty surges 1300 points after the Finance Minister tweets that the embargo on grant of Govt business to private banks has been lifted.
FINANCE MINISTER TWEETS: EMBARGO LIFTED ON GRANT OF GOVT BUSINESS TO PRIVATE BANKS. ALL BANKS CAN NOW PARTICIPATE. PRIVATE BANKS CAN NOW BE EQUAL PARTNERS IN DEVELOPMENT OF THE INDIAN ECONOMY, FURTHERING GOVT'S SOCIAL SECTOR INITIATIVES, AND ENHANCING CUSTOMER CONVENIENCE.
