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"banks"

  • Banks’ net interest margin jumps 46 basis points to 3.3 pc in March quarter: Report

    Banks' net interest margin grew 46 basis points to 3.3 per cent in the January-March quarter
  • Bank unions oppose RBI’s decision to allow compromise settlement for wilful defaulters

    Bank unions AIBOC and AIBEA have opposed the Reserve Bank's move to allow lenders to settle loans of wilful defaulters
  • RBI to levy penalties on banks that lose property papers of borrowers

    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.
  • Banks set limits on UPI transactions

    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.
  • Insolvency petition a ruse for loan write-offs? Major bank union to oppose Go Airlines’ write-offs

    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
  • Banks in Telangana to remain closed on these days in April; full list

    Customers are advised to take note of these bank holidays and plan their transactions accordingly
  • Rewind: Banking Blues

    A new volatile, uncertain, complex and ambiguous banking world is in
  • India: Banks to remain closed for 15 days in April

    As it closes the financial year this month-end, banks are said to be poised to make several procedural changes
  • All banks to keep branches open till March 31 for annual closing: RBI

    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.
  • Opinion: Inflation not yet off priority

    The sharp measures outlined in the December MPC review clearly indicate that fight against inflation will continue.
  • Telangana: Banks to be closed for 7 days in December

    The bank holidays list for December includes Christmas, four Sundays, and the second, and fourth Saturdays.
  • Banks to remain shut for 18 days in August; Full list here

    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 […]
  • Banks raise lending rates: Here’s what realty experts have to say

    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 […]
  • Focus more on cybersecurity, banks told

    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: Burglar held with stolen material worth Rs 1.3 Cr

    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 […]
  • SLBC Meet: Banks in Telangana have deposits of Rs 6.03 lakh crore

    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 […]
  • Banks on 2-day nationwide strike from Monday

    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 […]
  • Banks to remain shut for 4 days this week in some States; check details

    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. […]
  • Android malware in Google Play stealing users’ data, SMS texts

    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 […]
  • Banks to remain shut for 13 days in March

    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 […]
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