Banks
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Dussehra holidays: Banks closed for 4 consecutive days in THESE states | Check dates
Business | Oct 09, 2024, 01:19 PM ISTDussehra holidays: Banks will remain closed during the Durga Puja and Dussehra festivities across India. But, the number of holidays will vary based on the states and their celebrations of the festivals. In some states, banks are closed for four days in a row.
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Banks crucial in driving India’s path to becoming a developed nation: Nirmala Sitharaman
Business | Sep 19, 2024, 05:27 PM ISTFinance Minister Nirmala Sitharaman highlighted the crucial role of banks in India's vision for 2047. She called for enhanced infrastructure development, MSME support, financial inclusion, and digital security while praising the global success of UPI.
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Noida Police conducts intensive vehicle checking, reviews banks' security in city | VIDEO
Uttar Pradesh | Sep 09, 2024, 03:54 PM ISTDuring the stringent vehicle inspection, the Noida Police, with Police Commissioner Laxmi Singh at the helm, particularly checked vehicles with black films on their windows. The police also conducted a security review of a bank in Sector 20.
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Fixed Deposits for senior citizens: List of 10 banks offering up to 9.5 per cent interest on FDs
Business | Aug 28, 2024, 10:17 PM ISTA Fixed Deposit (FD) account is a financial product where an investor deposits a lump sum of money for a predetermined period, and the interest rate remains fixed throughout the duration of the deposit.
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Which bank is charging how much for not maintaining minimum balance? Check details here
Business | Aug 14, 2024, 04:23 PM ISTThe Average Minimum Balance (AMB) is the minimum amount that must be maintained in your savings account to avoid being charged for non-maintenance.
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Banks urged to focus on core business, innovate for higher deposits: FM Sitharaman
Business | Aug 10, 2024, 02:54 PM ISTFinance Minister Nirmala Sitharaman urged banks to prioritise their core business activities, emphasising the necessity of collecting deposits and lending with increased strictness.
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Microsoft global outage: How banks, airlines and airports worldwide were affected? DETAILS
World | Jul 19, 2024, 06:14 PM ISTA glitch in Microsoft services caused widespread reports of disruptions in international airlines, banks, businesses and media outlets. The outage lasted roughly six hours before Microsoft the problem and reported progress in fixing the technical issue, with residual impact
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Muharram Bank Holiday 2024: List of states where banks will be closed today | Check here
Business | Jul 17, 2024, 07:32 AM ISTIn July 2024, there are 12 bank holidays including the weekends. These holidays also include Muharram which will be observed on Wednesday. Here is the complete list of states where banks will remain closed.
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RBI revises norms, asks banks to hear borrowers before classifying account as fraud
Business | Jul 16, 2024, 09:03 AM ISTIn the SBI versus Rajesh Agarwal case, a Supreme Court bench led by CJI DY Chandrachud batted for the rights of the borrower to be heard before an account is classified as fraud.
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Sensex, Nifty hit all-time highs, strong Asian markets and bank stocks propel surge
Business | Jun 25, 2024, 02:52 PM ISTThe Indian stock market showed signs of recovery on Tuesday as the Sensex surged by 237.05 points to reach 77,578.13, while the Nifty also rose by 65.8 points, reaching 23,603.65 during early trade.
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Sensex falls 463 points, Nifty drops 149 points in early trade
Business | Jun 24, 2024, 10:09 AM ISTAnalysts expect the market to consolidate at higher levels, with budget-related sectors drawing attention. Global markets showed mixed performance, and oil prices continued to decline.
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Sensex, Nifty open at record highs; BSE market cap rises to Rs 432 lakh crore
Business | Jun 13, 2024, 10:23 AM ISTThe Indian stock markets opened at fresh record highs on Thursday following the US Federal Reserve's decision to keep interest rates unchanged. The Fed also indicated only one rate cut by the end of the year despite high inflation.
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Bank Holidays in June 2024: Banks to remain shut for 12 days | Check details here
Business | May 27, 2024, 11:45 AM ISTBank Holidays in June 2024: All public and private banks in India, including the State Bank of India, will be closed for at least 12 days in June 2024 due to religious festivals, regional holidays, and weekends.
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Delhi to vote tomorrow in Lok Sabha polls: Check what will remain closed, open on May 25
Delhi | May 24, 2024, 05:07 PM ISTDelhi, Haryana and five other states including UP, Bihar, West Bengal, Odisha and Jharkhand will vote in the sixth phase of Lok Sabha elections on May 25.
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Stock market plunge: Sensex dips over 1,000 points, Nifty falls by 345 points
Business | May 09, 2024, 04:03 PM ISTAs worries surrounding the general elections persisted, both the Sensex and the Nifty 50 witnessed a significant drop of over 1 per cent during Thursday's trading session. The volatility intensified on the weekly Nifty options expiry day, adding to the market turmoil.
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RBI proposes stringent rules for funding under-construction projects: What will be the impact?
Business | May 08, 2024, 06:05 PM ISTWith a focus on reducing NPAs, the proposed regulations require banks to provision up to five per cent of the loan amount during the construction phase, with adjustments as the project progresses.
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Banks closed on April 19: Bank holiday in THESE cities due to Lok Sabha Elections 2024 | Check list
Business | Apr 18, 2024, 12:14 PM ISTAhead of the polls, states like Uttarakhand, Nagaland, and Tamil Nadu have declared special holidays to ensure citizens’ participation. States such as Arunachal Pradesh, Assam, Bihar, Chhattisgarh, and others have also announced bank holidays for April 19, 2024, in line with the elections.
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Bank Holidays in April 2024: Banks to remain shut on THESE days, check complete list
Business | Mar 30, 2024, 07:39 PM ISTThe Reserve Bank of India shared the list of bank holidays for the upcoming month which includes Sundays, second and fourth Saturdays as well as a list of public holidays.
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Banks open on March 31: Will there be normal services on Sunday? Details inside
Business | Mar 29, 2024, 10:25 AM ISTAlong with the banks, the income-tax department had also announced that it has decided to cancel the long weekend for its employees.
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Paytm gets third-party app license from NPCI to perform UPI transactions
Business | Mar 14, 2024, 09:54 PM ISTPaytm has secured a third-party application provider license amidst regulatory challenges faced by its banking unit. This license enables Paytm to continue offering seamless transactions through India's unified payment interface (UPI), ensuring uninterrupted services for its users.