Holidays let us focus on personal and family tasks taking a break from the regular official routine. We also think of attending to our pending and unfinished tasks on the holidays. Knowing bank holidays for March 2020 will let us plan well for the month and ensure that we do not miss out on some […]
Bank Holiday Calendar For March 2020 Read More »
Reserve Bank of India (RBI) governor Shaktikanta Das delivered the keynote address at the 13th Mint Annual Banking Conclave (ABC) which is themed on the role of the Indian banking sector in shaping the $5 trillion economy challenge. RBI Governor Shaktikanta Das Speech Updates: -RBI governor on farm loan waiver: Any kind of generalised loan
RBI Governor Shaktikanta Das: Slow Credit Off-Take The Biggest Challenge For Banks Read More »
Bankers are awaiting clarity on exemption on maintenance of cash reserve ratio (CRR) amid confusion over how the incentive for lenders will be calculated after the Reserve Bank of India (RBI) eased regulatory norms for retail loans to boost demand in the sagging economy in its monetary policy meet on February 6. Lenders say they
Banks Await Clarification From RBI On CRR Exemptions Read More »
Public-sector entity Indian Bank has decided to stop loading its ATMs with Rs 2,000 notes, citing customer preferences. According to RBI data, Indian Bank had nearly 4,000 ATMs across India as of December 2019. Indian Bank said it had a recurring problem with on-site ATMs (those located within a bankx27;s branch). Customers would step into
Indian Bank stops loading ATMs with Rs 2,000 notes Read More »
Reserve Bank of India Governor Shaktikanta Das has said the central bank has already initiated discussions with some institutions and efforts are on for inclusion of government bonds in global indices as quickly as possible. The development would attract higher foreign flows as many overseas funds are mandated to track global indices. It will help
RBI To Include G-Secs In Global Indices Soon, Discussion Going On: Shaktikanta Das Read More »
SBI account: You have time till February 28 and if you don’t do this, your account in State Bank of India will get non-operational. For any bank, maintaining a record of information about its customers is of great importance. It helps the bank better serve its customers and also prevent frauds and other financial irregularities.
It’s IMPORTANT for SBI account holders to update KYC by Feb 28. Details here Read More »
There was some good news and some not so good news for borrowers when the Reserve Bank of India (RBI) announced its monetary policy review earlier this month. First the good news. RBI adopted unconventional measures to bring down the cost of funds for banks. It eased the cash reserve ratio (CRR) requirement on incremental
Post RBI Policy, No Immediate Gains For Borrowers, But Depositors To Suffer Read More »
SBI Alert Number: You can check your State Bank of India account balance, mini statement through SMS banking; here is how State Bank of India (SBI) customers can check their account balance, mini statement through numerous methods. SBI Balance Enquiry and mini statement can be accessed through mobile banking, net banking, ATM, branch visit, SMS