BANKING
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RBI Approves ATM Withdrawal Fee Hike to ₹23 from May 2025
The Reserve Bank of India (RBI) has announced an increase in ATM withdrawal charges for transactions beyond the free monthly…
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Federal Bank’s Special Offer for NRIs: Free Insurance & Exclusive Travel Discounts
Federal Bank has introduced a premium NRE savings account, Prospera, tailored specifically for expatriates seeking a comprehensive banking experience. This…
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Microfinance Defaults Impact Kotak and RBL Bank Earnings
Private banks like Kotak Bank and RBL Bank are grappling with the challenges posed by rising defaults in the microfinance…
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Nationwide Bank Strike in February: Four Days of Banking Disruptions Loom
Public sector banks across India are bracing for significant disruptions as a two-day nationwide strike has been announced for February…
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HDFC Bank Gets RBI Approval for Increased Stake in Kotak Mahindra, AU Small Finance, and Capital Small Finance Banks
HDFC Bank has received approval from the Reserve Bank of India (RBI) to allow its group entities to increase their…
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SBI and HDFC Bank Raise FD Rates for Seniors and Bulk Depositors
SBI and HDFC Bank have started 2025 with favorable revisions in their fixed deposit (FD) rates for certain segments of…
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Over Rs 12 Lakh Crore in Loans Written Off by Banks in 10 Years, Majority by PSU Banks
Between FY15 and FY24, commercial banks in India wrote off a staggering Rs 12.3 lakh crore in loans, with public…
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PSU Banks’ Transformation: GNPA Ratio Drops to Record Low
Public sector banks (PSBs) have made remarkable strides in reducing their gross non-performing asset (GNPA) ratio, which has dropped to…
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ICICI Bank RTGS Services Temporarily Unavailable During Scheduled Maintenance
ICICI Bank has announced a scheduled maintenance window that will temporarily affect its Real-Time Gross Settlement (RTGS) services. The downtime…
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December 2024 Bank Holiday Calendar: Key Dates and Planning Tips
December 2024 is filled with a variety of bank holidays, encompassing national holidays, state-specific observances, and weekends. These closures provide…
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