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bank holidays in March

28 Feb 2022

Bank Holidays 2022: Banks to remain shut for 13 days from March 1

Banks will also be closed in various states on March 1, 2022, to commemorate Mahashivratri. Bank holidays are implemented in accordance with a schedule published by the Reserve Bank of India (RBI). The RBI categorises holidays as either national or regional.

Indian Banks' Association

11 May 2018

Bank employees demand salary revision, call for 2-day nation-wide strike

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.

Existing Indian ATMs

07 Nov 2017

'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.

22 Sep 2017

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.

Banking Regulation Bill

10 Aug 2017

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.

15 May 2017

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.

public sector banks

07 May 2017

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.

28 Feb 2017

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).

28 Feb 2017

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).

27 Feb 2017

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.

09 Jan 2017

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.

03 Jan 2017

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.

29 Dec 2016

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".

#DeMonetisation

13 Dec 2016

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.

21 Nov 2016

Demonetisation: RBI likely to cut interest rates by up to 0.5%

Share Bazar, Mandi Live, Aap Ka Bazar, First Trade, Big Debate etc.

24 Nov 2016

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.

Banking operations

29 Jul 2016

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.

09 Jun 2016

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.

Bank holidays in India

23 Mar 2016

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.

Bank holidays in India

21 Mar 2016

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.

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