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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 Gold loans are becoming more attractive due to...

HDFC Bank Launches Project HAKK (Hawai Anubhavi Kalyan Kendra) to assist IAF Veterans

HDFC Bank signed an agreement (MoU) with the Indian Air Force through the office of the Assistant Chief of Air Staff – Accounts & Air Veterans, and CSC Academy to start Project...

HDFC Bank Employees Accused of Embezzling Customer Funds for IPL Betting Scam

A major fraud case has been uncovered at an HDFC Bank branch in Betul district, Madhya Pradesh. Several customers of HDFC Bank in Betul, Madhya Pradesh, have accused the bank's employees of...

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 and Rupee-Dollar swaps totaling ₹1.9 trillion to boost...

RBI appoints Dr Ajit Ratnakar Joshi as new Executive

The Reserve Bank of India (RBI) announced on March 5, 2025, that Dr. Ajit Ratnakar Joshi has been appointed as its new Executive Director (ED), starting March 3, 2025. Here's a simple...

RBL Bank Announces Two Key Senior Leadership Appointments

RBL Bank recently made important leadership changes to help improve its operations. Here are the key points: Narendra Agrawal is appointed as the President and Head of Branch Banking and Retail Liabilities. He has...

State Bank of India to sell its full stake in Jio Payments Bank

On 04 March 2025, the Board of Jio Financial Services approved the acquisition of 7,90,80,000 equity shares of Jio Payments Bank (JPBL) from State Bank of India (SBI). The Executive Committee of...

Union Bank of India organizes an outreach camp for small businesses in Hoskote

Union Bank of India held an outreach camp for Micro, Small, and Medium Enterprises (MSMEs) in Hoskote on Monday. The event aimed to promote entrepreneurship, government schemes, and support MSMEs for regional...

India Post Payment Bank (IPPB) Recruitment 2025

The India Post Payments Bank (IPPB) has announced the recruitment for 51 Circle Based Executives on a contract basis. The application process is now open and will continue until March 21, 2025. Important...

List of Bank Holidays in March 2025

List of Bank Holidays in March 2025 Date Day Holiday/Event Bank Closure/Remarks March 2 Sunday Weekly holiday Banks Closed March 7 Friday Chapchar Kut Banks closed in Mizoram March 8 Saturday Second Saturday Banks Closed March 9 Sunday Weekly holiday Banks Closed March 13 Thursday Holika Dahan and Attukal Pongala Banks closed in Uttar Pradesh, Uttarakhand,...