"banks"

Bank unions AIBOC and AIBEA have opposed the Reserve Bank's move to allow lenders to settle loans of wilful defaulters

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.

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.

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

Customers are advised to take note of these bank holidays and plan their transactions accordingly

A new volatile, uncertain, complex and ambiguous banking world is in

As it closes the financial year this month-end, banks are said to be poised to make several procedural changes

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.

The sharp measures outlined in the December MPC review clearly indicate that fight against inflation will continue.

The bank holidays list for December includes Christmas, four Sundays, and the second, and fourth Saturdays.

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 […]

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 […]

Hyderabad: In view of an increasing number of bank account hacking cases resulting in huge financial losses, the Hyderabad City Police along with the Reserve Bank of India conducted a meeting with representatives of banks here on Thursday. About 51 urban cooperative banks and other banks participated in the meeting, wherein the police briefed them […]

Hyderabad: He lived on the pavement in the big city of Hyderabad, while far away in his home in Piduguralla of Guntur, the gold and silver he stored was worth Rs.1.3 crore. M. Ambedkar, alias Raju alias Rajesh, a 50-year-old native of Guntur who has over 50 burglary cases registered against him, was into the […]

Hyderabad: The total deposits in banks in Telangana touched Rs 6.03 lakh crore as of December 31, 2021. The advances grew by Rs 25,889 crores (or about 3.81 per cent) during the December quarter to touch Rs 7.06 lakh crore. The credit-deposit ration increased from 110.1 per cent to 117 per cent as of December […]

New Delhi: The banks will observe a nationwide strike on Monday (March 28) and Tuesday (March 29) to protest against the Banking Laws (Amendment) Bill, 2021, and oppose the privatisation of public sector banks. The decision to go on a strike was taken by a joint forum of central trade unions. The All India Bank […]

Hyderabad: Banks across all public and private sectors will be closed in some parts of the country for up to four days this week. This is according to a list prepared by India’s central bank RBI. The Reserve Bank of India has issued a list of holidays for the year 2022 in its annual list. […]

New Delhi: A dangerous Android banking malware that steals victim’s credentials and SMS messages has been downloaded thousands of times via Google Play Store, researchers have warned. Called ‘TeaBot,’ it is an Android banking trojan that first emerged at the beginning of 2021 designed for stealing victim’s text messages. Initially, TeaBot has been distributed through […]

Hyderabad: March is when a lot of financial dealings are done, and March this year could spell trouble if those transactions are not well planned in advance, what with banks to remain closed for 13 days. Out of the 13 holidays, seven are as per the calendar of the Reserve Bank of India, and the […]

Mumbai: Reserve Bank of India (RBI) on Wednesday said banks will be allowed to infuse capital in their overseas branches as well as repatriate profits without seeking its prior approval, subject to fulfilling of certain regulatory capital requirements. At present, banks incorporated in India can infuse capital in their overseas branches and subsidiaries, retain profits […]