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Accordingly, agency banks are advised to keep all their branches dealing with government business open on March 31, 2024 (Sunday), it said.
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Deputy CM Mallu Bhatti Vikramarka wanted bankers to prioritise loans to agriculture, housing and education in the upcoming financial year
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During the search operation, Indian currency worth Rs 30 Lakh, 2 Kg gold bullion worth Rs 1.24 Crore, One Volvo XC40 Car, digital devices and incriminating documents were seized, ED said in a post on X on Saturday.
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Bank credit to housing as well as commercial real estate witnessed nearly 38 per cent annual growth in July
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In fact, there are going to be a total of 17 holidays this month, including Sundays and the second and fourth Saturdays. These holidays are allowed under the Negotiable Instruments Act.
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The report said unpaid loans between 90 and 720 days improved to 2.4 per cent in Q4 FY23 as against 2.9 per cent in the year-ago period
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Governor Shaktikanta Das on Tuesday told chiefs of public and private sector banks that owing to prevailing adverse global conditions, banks need to be extra vigilant
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Banks' net interest margin grew 46 basis points to 3.3 per cent in the January-March quarter
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Bank unions AIBOC and AIBEA have opposed the Reserve Bank's move to allow lenders to settle loans of wilful defaulters
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This could soon become a possibility if the RBI accepts the recommendations of a high level committee, which it had formed in May last year to review customer service standards in banks and other lending institutions.
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People are now using UPI for both small and large payments. However, many people are not sure what the UPI limits are for their banks.
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AIBEA will oppose banks writing off a part of their loans to Wadia group's Go Airlines if the latter has filed a voluntary insolvency petition
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Customers are advised to take note of these bank holidays and plan their transactions accordingly
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A new volatile, uncertain, complex and ambiguous banking world is in
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As it closes the financial year this month-end, banks are said to be poised to make several procedural changes
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With just only 10 days till the annual closing of the current financial year, the RBI directed that all government transactions done by agency banks for the Financial Year 2022-23 must be accounted for within the same financial year.
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The sharp measures outlined in the December MPC review clearly indicate that fight against inflation will continue.
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The bank holidays list for December includes Christmas, four Sundays, and the second, and fourth Saturdays.
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Hyderabad: According to the Reserve Bank of India’s (RBI) calendar of holidays, banks will be closed for a total of 18 days in August including six-weekend leaves. Many bank holidays are regional and differ from state to state and bank to bank. The RBI has classified the holidays into three categories: holidays under the Negotiable […]
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New Delhi: Close on the heels of the Reserve Bank of India (RBI) recent hike in repo rate by 40 basis points, besides giving indications it would raise further in the upcoming monetary policy review meets, several Indian lenders too have raised their lending rates. On Wednesday, lending major HDFC and PNB Bank raised their […]