Banks

Bank Holidays in January 2022: Banks to remain closed for 16 days; check list here

Banks in Agartala, Bhopal, Bhubaneswar, Chandigarh, Guwahati, Kochi, and Srinagar will not be closed on Republic Day, according to a list of bank holidays published on the Reserve Bank of India's website.

Dec 27, 2021, 18:31 PM IST

Bank employees to go on a 2-day strike from today: Here’s how banking services will remain impacted

Bank employees across the country are on a two-day strike starting from today (December 16). 

Dec 16, 2021, 11:10 AM IST

New India focuses on resolving problems, not delaying resolution: PM Narendra Modi at bank deposit insurance event

PM Narendra Modi was speaking on the sidelines of the ‘‘Depositors First: Guaranteed Time-bound Deposit Insurance Payment up to Rs 5 Lakh’ event.  

Dec 12, 2021, 13:40 PM IST

Centre unlikely to announce capital infusion for PSU banks in Budget: Report

The government is unlikely to announce capital infusion for public sector banks (PSBs) in the upcoming Budget. 

Dec 12, 2021, 11:08 AM IST

Bank Holidays in December: Banks to remain shut for 4 days next week, check important dates

Bank holidays in December 2021: Banks are expected to remain closed for 4 days next week. 

Dec 09, 2021, 14:38 PM IST

Bank Holidays in December: Banks to remain closed for 12 days; check full list here

The list of holidays provided by the RBI is divided into three groups. State-level celebrations, religious holidays, and festival celebrations are all included.

Dec 07, 2021, 15:42 PM IST

Bank Holiday in December 2021: Banks to be closed for 12 days; check full list here

 The RBI's list of holidays is divided into three categories: state-specific holidays, religious holidays, and festivals.

Nov 27, 2021, 13:23 PM IST

Bank Holidays in October 2021: Banks to remain closed for 5 days this week. Check full list

RBI has announced three bank holidays: the Negotiable Instruments Act Holiday, Real Time Gross Settlement Holiday, and Banks' Closing of Accounts. On these specified holidays, all banks in the country, including the public sector, private sector, foreign banks, cooperative banks, and regional banks, will be closed.

Oct 19, 2021, 16:19 PM IST

Bank Holidays in October, 2021: Banks to remain shut for 10 days. Check full list here

In October 2021, the banks will be closed for a total of 21 days.

Oct 16, 2021, 08:55 AM IST

India needs 4-5 'SBI size' banks to meet growing needs of economy: FM Nirmala Sitharaman

Indian banking has to be in the immediate and long-term future, Sitharaman said.

Sep 27, 2021, 10:33 AM IST

RBI issues direction on compensation of private banks' top officials

The central bank had issued guidelines on the compensation of whole-time directors/ chief executive officers/ material risk takers and control function staff in November 2019.

Aug 30, 2021, 21:04 PM IST

Bank Holidays in September 2021: Banks to remain closed in THESE days; Full list here

Besides that, the banks will remain closed on September 11 and 25 due to second and fourth Saturdays. 

Aug 30, 2021, 19:19 PM IST

Bank Holidays September 2021: Banks to remain closed for up to 12 days; check full list here

The Reserve Bank of India has categorised holidays under three categories — Holiday under Negotiable Instruments Act; Holiday under Negotiable Instruments Act and Real-Time Gross Settlement Holiday; and Banks’ Closing of Accounts.

Aug 27, 2021, 20:03 PM IST

Nirmala Sitharaman launches EASE 4.0, talks about fintech, credit demand, check top highlights from FM’s presser

Sitharaman has requested public sector banks (PSBs) to interact with exporters' bodies to understand their requirements. 

Aug 25, 2021, 17:27 PM IST

Bank Holidays August 2021: Banks to remain shut for 10 days in August. Check the full list here

As per the categorisation and the RBI list of holidays, these leaves come under three formal brackets – ‘Holiday under Negotiable Instruments Act’, ‘Holiday under Negotiable Instruments Act and Real-Time Gross Settlement Holiday’ or ‘Banks’ Closing of Accounts’. This list in particular comes under the ‘Holiday under Negotiable Instruments Act’.

Aug 16, 2021, 15:51 PM IST

Starting October 1, RBI to levy penalty on ATMs that run out of cash

The RBI will start imposing penalty on banks in case the ATMs remain out-of-cash for a total period of 10 hours in a month from October 1, 2021, onwards.

Aug 10, 2021, 22:13 PM IST

Bank Holiday August, 2021: Banks to remain closed for 15 days. Check full list here

However, the bank holidays will not be the same in every state. All the lenders will remain closed on Republic Day (January 26), Independence Day (August 15), and Gandhi Jayanti (October 2), Christmas Day (December 25).

Aug 02, 2021, 17:23 PM IST

Looking to get a personal loan? Here are the things to keep in mind

Therefore, it has become very easy nowadays to get loans. People who are eligible can get loans from banks.  But before that, it is important to look into your pocket before taking a personal loan.

Jun 13, 2021, 20:01 PM IST

RBI hikes ATM cash withdrawal fee to Rs 21, other charges also increased, check here

For other financial transactions, banks will now charge Rs 17, instead of Rs 16. 

Jun 10, 2021, 21:32 PM IST

THESE Banks offer maximum interest rates on savings account

The maximum interest rate on savings accounts is being offered by RBL Bank which offers a good interest rate of 4.50% per annum to 6.25% on daily balance as per set amount limit by the bank. These interest rates came into effect from May 7, 2021.  

Jun 08, 2021, 21:22 PM IST