ATM interchange fees have increased, benefiting larger banks with extensive networks, while smaller banks face higher costs. Explore how banks…
NFRA proposes tighter audit standards for related-party transactions to enhance audit quality and address concerns raised in inspections of major…
India’s banking liquidity hits a three-month low of Rs 13K crore, with experts forecasting a return to surplus by Q1…
RBI announces an increase in ATM transaction fees from Rs 21 to Rs 23, effective from May 1, 2025. Customers…
The RBI has mandated all banks to participate in the special clearing operations on March 31 to facilitate accounting of…
Bank holiday on Eid: March 31 marks the last day of the current financial year 2024-25, which is the deadline…
The hike in ATM interchange fees, effective from May 1, will drive ATM network expansion, especially in rural areas, by…
Parliament approves Banking Laws (Amendment) Bill, allowing up to 4 nominees, enhancing investor protection, and improving banking governance. Key changes…
RBI’s open market operation saw strong demand with bids over Rs 67,540 crore, signaling a shift to accommodative liquidity management.…
RBI’s forex swap auction receives $22.28B bids, injecting Rs 85,000 crore liquidity into the banking system, aiming to ease liquidity…
Bank Strike: The United Forum of Bank Unions (UFBU) has decided to postpone the bank strike initially planned for March…
ICICI Bank gains $450M from index weight increase. Kotak, Zomato, and others see significant inflows. Index adjustments boost trading volumes.
RBI governor urges UCBs to maintain trust, citing recent fraud case. Focus on customer service, IT security, and operational resilience.
IBBI mandates detailed loss disclosures in insolvency process. Aims to boost transparency, aid resolution plans, and improve creditor recoveries.
RBI Governor Sanjay Malhotra asked banks to avoid calling customers repeatedly for ‘know your customer’ (KYC) documents.
Banks have intensified their efforts to enhance their liability franchises by offering higher rates on term deposits in the current…
The banking sector, though was weighed down by lower core income, muted margins and higher slippages which affected the profitability…
Will banks remain closed today on the occasion of Chhatrapati Shivaji Maharaj Jayanti? Check what the RBI bank holiday calendar…