RBI’s new measures to improve liquidity in the banking system
The Reserve Bank of India (RBI) has announced new steps to ease the tight liquidity (cash) situation in banks. It will carry out OMO...
PSU Banks Recapitalisation Plans to start by February 2018
Last October 2017, the Indian finance ministry had announced Rs.2.11 lac crore recapitalisation plan for public sector banks. The senior official recently told that...
RBI plans to ask banks to follow stricter rules for gold loans
Gold loans in India have been growing rapidly, increasing by 50% since September 2024, which is faster than the growth of overall loans. As...
United Forum of Bank Unions Wrote Maharashtra CM Seeking Security of Bankers
The United Forum of Bank Unions (UFBU) wrote a letter to Maharashtra CM Devendra Fadnavis to ensure the security of banking officials after some...
Govt Breaks Tradition: Private Professionals Can Now Lead Public Sector Banks
For the first time in India, professionals from private banks are now allowed to apply for top leadership positions in government-owned banks. This includes...
EXIM Bank, Bank of Huzhou, and May International Sign Tripartite Agreement
EXIM Bank of Bangladesh, Bank of Huzhou from China, and May International Trade Services Ltd. have signed an important agreement to team up and...
Recycled Bank Papers Turn Into Chaat Plates: Triggered Alarming Data Privacy Concerns
A man posted a photo online showing street food being served on a paper plate that appeared to be made from old bank documents....
Centre Starts Divestment in Bank of Maharashtra; 6% Stake Up for Sale at ₹54...
The Government of India is selling a part of its stake in Bank of Maharashtra through an Offer for Sale (OFS). This is a...
5 days Banking – No banking on Saturdays if notified
5 days Banking Updates
Key Highlights on the Proposed Banking Schedule Changes:
1. Upcoming Decision: By December 2023, over 1.5 million bank professionals might transition to...
UFBU Announces Nationwide Bank Strike in India on 27th January
UFBU has issued a press release on January 22, 2026, calling for an all-India bank strike on January 27 to demand a five-day work...