Bank Holidays 2022: Banks to remain shut for 13 days from March 1; Full list here
Meanwhile, banks in India were closed for 12 days in February 2022.
Feb 28, 2022, 15:56 PM IST
Bank employees demand salary revision, call for 2-day nation-wide strike from May 30
The bank employees across the country will observe a nation-wide strike for two days starting May 30 in order to protest against low hike offered by the management body. Indian Banks' Association (IBA) offered the employees 'a meagre' two per cent increment. This led them to raise their voice demanding the government's intervention in wage revision.
May 11, 2018, 23:15 PM IST
'Existing Indian ATMs to be replaced with innovative ones'
NCR`s manufacturing facility in Chennai has manufactured 200,000 ATMs since 2004. The company exports 70 percent of the machines manufactured in Chennai facility.
Nov 07, 2017, 23:25 PM IST
Jaitley pledges to find resources to support debt-laden banks
Jaitley said stressed bank assets have become a "concern" for the economy. Bad loans have crimped the ability of Indian lenders to offer new credit.
Sep 22, 2017, 13:50 PM IST
Rajya Sabha passes Banking Regulation Bill to resolve non-performing assets
The Rajya Sabha on Thursday passed the Banking Regulation (Amendment) Bill, 2017, which empowers the Reserve Bank of India (RBI) to resolve stressed assets clogging the banking system.
Aug 10, 2017, 18:00 PM IST
Ransomware: RBI asks banks to follow CERT-In instructions on WannaCry attack
RBI has asked banks to follow the instructions of government organisation CERT-In to prevent the attack by ransomware, 'WannaCry', which has impacted various IT networks in over 150 countries.
May 15, 2017, 16:00 PM IST
War on NPAs to speed up PSBs' capital raising via FPOs
The government's all out war against NPAs will help in cleaning balancesheets of state- owned banks and expedite fund raising via markets to meet the global Basel III capital adequacy norms, an official said.
May 07, 2017, 16:10 PM IST
Why have Bank Unions called for strike – Know here
Services like cash deposits and withdrawal from branches and cheque clearances have been hit hard by the strike, which has been called under the aegis of the United Forum of Bank Unions (UFBU).
Feb 28, 2017, 13:07 PM IST
Bank employees go on strike; cash deposits, cheque clearances, withdrawal services hit hard
Services like cash deposits and withdrawal from branches and cheque clearances have been hit hard by the strike, which has been called under the aegis of the United Forum of Bank Unions (UFBU).
Feb 28, 2017, 09:09 AM IST
Bank employees to go on nationwide strike on Tuesday
Operations at public sector banks may be hit on Tuesday as most unions under the aegis of United Forum of Bank Unions (UFBU) have threatened to go on strike to press for various demands, including accountability of top executives in view of mounting bad loans in the banking sector.
Feb 27, 2017, 16:35 PM IST
NPA pains to spill over into next fiscal, says Moody's
Weak asset quality will continue to plague credit profile of banks, with their profitability remaining under pressure till the next fiscal, says a report.
Jan 09, 2017, 15:18 PM IST
Demonetisation: Govt seeks report on malpractices by bank officials
Days after Prime Minister Narendra Modi warned those who indulged in malpractices during the 50-day demonetisation drive, the Finance Ministry has asked public sector banks to submit a report on the involvement of officials illegally changing currency notes.
Jan 03, 2017, 17:12 PM IST
Demonetisation to have transformative effect on economy: RBI Governor Urjit Patel
RBI Governor Urjit Patel on Thursday said the demonetisation exercise will have "far reaching changes" towards a transformative effect on the economy going forward, despite some short-term disruptions and "public hardship".
Dec 29, 2016, 20:12 PM IST
Demonetisation: Banks received Rs 12.44 lakh crore of banned Rs 500 and Rs 1000 notes so far
Banks have received Rs 12.44 lakh crore of old, high-value currency notes that were banneed by the government last month, RBI said on Tuesday.
Dec 13, 2016, 18:08 PM IST
Demonetisation: RBI likely to cut interest rates by up to 0.5%
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Nov 21, 2016, 10:06 AM IST
Demonetisation: Cash purge gives welcome boost to Indian banks
India's demonetisation drive is likely to cause short-term pain for the economy, but banks are expected to benefit from the move in the long run.
Nov 21, 2016, 09:44 AM IST
Bank strike hits operations; branches open full day tomorrow
Services at around 80,000 bank branches in the country were hit Friday as employees of public sector banks went on a one-day strike to protest proposed merger of SBI associates with the parent and other issues.
Jul 29, 2016, 11:19 AM IST
Know which banks will give you maximum interest on savings account
Here are banks in India that give you maximum interest on savings account. Check out the list.
Jun 09, 2016, 10:38 AM IST
Banks to remain close for 6 straight days; ATMs likely to run out of cash
Customers won't be able to conduct bank transactions at branches for 6 days in a row from Tuesday as all banks will be closed for business, starting March 22 (Tuesday) in many parts of the country.
Mar 22, 2016, 10:23 AM IST
Alert! Banks to remain closed for 6 straight days from today; ATMs likely to run out of cash
Starting March 22 banks will be closed for business for six days in a row in many parts of the country.
Mar 21, 2016, 10:40 AM IST
