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Central Bank of India Reports Rs 13.97 Crore Siphoned from RBI Settlement Account

Central Bank of India has alleged that Rs 13.97 crore was fraudulently siphoned from its settlement account with the Reserve Bank of India (RBI). The bank has approached the police, and an...

RBI Hikes Repo Rate to 5.50%: FY27 Growth Forecast Raised to 7.1%

The Reserve Bank of India (RBI) has changed its monetary policy direction, raising the repo rate by 25 basis points to 5.50% while simultaneously increasing its FY27 GDP growth forecast to 7.1%...

Apple Pay Launches in India After 12 Years, Axis Bank Becomes First Partner

Apple Pay has finally arrived in India. On 30 September 2026, Apple launched its contactless payment service in the country, with Axis Bank becoming the first Indian bank to support Apple Pay. The...

UFBU Strike Call-Off Sparks Discontent Among Bank Employees

The last-minute deferment of the UFBU strike scheduled for September 28–30 has left many bank employees disappointed and questioning the decision. Social media discussions reflect mixed reactions. Some employees have urged members to...

UFBU Defers September 28–30 Bank Strike After Late-Night IBA Talks

The United Forum of Bank Unions (UFBU) has deferred its proposed three-day nationwide bank strike scheduled for September 28, 29 and 30, 2026, following late-night discussions with the Indian Banks’ Association (IBA)...

Two Bank Employees Lose Their Lives During Sunday Banking

September 27, 2026, will be remembered with sadness by the banking community after two Union Bank of India employees reportedly lost their lives in separate road accidents while dealing with Sunday duty. Shri...

When Sunday Became a Banking Day

September 27, 2026 — Sunday. For generations, Sunday has meant a closed bank branch in India. Today, that familiar calendar rule has been broken on an extraordinary scale. Across India, Public Sector Banks and...

UFBU Confirms Three-Day Bank Strike on September 28, 29 and 30, 2026

Conciliation meeting ends without a positive response on 5-Day Banking. The United Forum of Bank Unions (UFBU) has decided to proceed with its proposed three-day bank strike on September 28, 29 and 30,...

NPCI’s OneTag: Change Your FASTag Issuing Bank Without Replacing the Existing Tag

What Is OneTag? The National Payments Corporation of India (NPCI), in collaboration with Indian Highways Management Company Limited (IHMCL), has introduced OneTag, a portability solution for National Electronic Toll Collection (NETC) FASTag users....

UFBU Hold Successful Strike on September 11, Another 3-Day Strike Coming Sept 28-30

Bank officers and employees across India went on strike on September 11, 2026 — and it turned out to be a big one. The strike was called by the United Forum of...