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...
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...
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 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...
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 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...
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
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,...
On February 28, The Reserve Bank of India (RBI) conducted a $10 billion US dollar-rupee swap to inject long-term liquidity into the financial system. Here's a simplified breakdown:
Swap Details:
• The RBI...
The Reserve Bank of India (RBI) has partially reversed its stricter rules on bank loans and has made it easier for small borrowers and non-bank lenders to get loans. These actions come...
