Banks
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Bank Holidays in March 2024: Banks to remain closed on these 14 days. check full list here
Business | February 26, 2024 11:13 ISTBank Holidays: While physical branches may be closed, online banking services remain operational throughout the holidays. It's essential for individuals to plan their visits and transactions accordingly.
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Banks' margins to decline, credit growth to moderate in FY25: S&P
Business | February 16, 2024 13:47 ISTS&P expects a slowdown in system-level credit growth to around 14 per cent in FY25, beginning April 1, compared to the about 16 per cent annual growth in the first three quarters of FY24.
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Public sector banks, insurance companies to remain closed till 2:30 pm on Ram Mandir event day
India | January 18, 2024 22:41 ISTThe 'Pran Pratishtha' ceremony of the Ram Mandir will take place on January 22. Ayodhya is being decked up to host the grand event as it will be attended by PM Modi, CM Yogi Adityanath, and over 7,500 eminent guests including more than 4,000 saints.
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Supreme Court ruling on personal guarantors set to force promoters to rush to settle bank dues
Business | November 16, 2023 13:08 ISTAccording to reports, promoters of companies, under insolvency proceedings, are expected to settle their pending dues with banks, fearing loss of their personal assets.
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Sensex plummets 450 points in early trade, Nifty falls below 19,400 mark
Business | October 04, 2023 10:29 ISTThe BSE Sensex recorded a substantial decline of over 450 points, while the NSE Nifty dipped below the 19,400 mark.
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Bank Holiday: Are banks closed on September 28 or 29 for Eid-e-Milad 2023? Check full details
Business | September 28, 2023 13:47 ISTEid-e-Milad commemorates Prophet Muhammad’s birth anniversary. Muslims who follow the Sufi or Barelvi school of thought observe the feast in Rabi’ al-awwal, the third month of the Islamic calendar.
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Bank holiday: Banks to remain shut on these days in October 2023 | Check full list HERE
Business | September 24, 2023 7:29 ISTBank Holidays in October 2023: As per the instructions of Reserve Bank of India, banks will remain closed on all public holidays and some regional holidays depending on the particular state. Regional holidays are decided by the state government.
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Bank Holidays September 2023: Banks to remain shut for 16 days in these states, check list here
Business | August 28, 2023 13:57 ISTIf you are planning to go to the bank this month, be sure to check your bank's holiday hours to avoid any problems.
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Switch over to fixed interest rate, info on loan rate changes: RBI's big step for borrowers
Business | August 18, 2023 16:25 ISTIn a notification, the RBI said in respect of EMI-based floating rate personal loans, in the wake of rising interest rates, several consumer grievances related to elongation of loan tenor and/or increase in EMI amount, without proper communication with and/or consent of borrowers have been received.
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India's start-up economy: How employer branding, hybrid work model impetus can help thrive in funds
Business | August 12, 2023 7:37 ISTEmployer branding can make or break a startup. While established businesses have years of reputation to bank on, startups are blank slates.
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Muharram: Are banks closed across the country on July 29? Here are all the details
Business | July 28, 2023 13:58 ISTThere are eight state-specific holidays in August, these incorporate Tendong Lho Rum Faat, Parsi New Year, Onam, Raksha Bandhan, etc.
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Rule changes, deadlines, price of commodities to watch out for from August 1. Check details
Business | July 27, 2023 22:22 ISTFrom August 1, 2023, various changes linked to GST, payments system, bank transactions will come into effect that will directly impact the common man.
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DICGC asks banks to display its logo, QR code on their websites
Business | July 16, 2023 14:53 ISTIn a circular, the Reserve Bank's subsidiary said deposit insurance plays an important role in protecting especially the small depositors, instill confidence in the banking system and maintain financial stability.
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Market valuation of top-10 most valued firms jumps Rs 1.88 lakh cr; HDFC Bank, TCS biggest gainers
Business | July 02, 2023 18:14 ISTThe valuation of HDFC Bank surged Rs 32,600.19 crore to Rs 9,51,584.36 crore, the most among the top 10 firms.
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Bombay High Court stays order allowing banks to declare account as fraud without hearing
Business | June 19, 2023 19:14 ISTThe Bombay High Court on Monday granted an interim stay on the Reserve Bank of India's master circulars' effect which allowed the banks to declare any account as a fraud account without conducting a hearing.
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No ID proof or forms required for exchanging Rs 2,000 notes
Business | May 21, 2023 14:53 ISTRs 2000 No ID proof forms required exchanging notes SBI branches bank RBI Rs 20,000-limit
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US banking safe, taxpayers won't be burden: Joe Biden after Silicon Valley Bank collapse
World | March 13, 2023 22:15 ISTAmericans can 'have confidence' US banking is safe after failures and fears of global ripple effects, US President Joe Biden said.
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Banks, traders in India advised to avoid foreign trade settlements in Chinese Yuan: Report
Business | March 13, 2023 22:19 ISTAccording to a report, officials in India have advised banks, and traders to avoid using yuan, however, the settlements in the United Arab Emirates dirhams would be okay.
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After Silicon Valley Bank, Signature Bank shuts down amid banking turmoil in US
Business | March 13, 2023 13:40 ISTSignature Bank had $88.59 billion in deposits as of December 31, 2022 and the New York Department of Financial Services has taken possession of the bank.
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SBI, HDFC, ICICI increase recurring deposit interest rates - check new rates
Business | March 01, 2023 18:28 ISTRecurring deposits are similar to fixed deposits in that they have a maturity date at which the principal is refunded and you may decide whether to receive interest payments in instalments or all at once.
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