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RBI GUIDELINES ON BANKING HOLIDAYS
School holiday tomorrow, August 3: Will schools remain closed as IMD issues heavy rainfall alerts for several states?School holiday tomorrow, August 3: Heavy monsoon rains are forecast for several Indian states on Monday, August 3. Authorities are monitori...- RBI likely to hold rates in August, maintain hawkish tone as inflation risks loom: EconomistsThe Reserve Bank of India will likely maintain its benchmark repo rate unchanged this August. Elevated inflation risks and the FCNR(B) depo...
- RBI's FCNR, forex schemes draw $40.81 billion in inflows so farSignificant capital inflows have been recorded, thanks to the proactive measures taken by India's central bank. The Reserve Bank of India f...
- SBI ordered to refund nearly Rs 2 lakh after online fraud as customer said he never shared his ATM PIN, OTP or banking detailsA consumer commission has directed the State Bank of India (SBI) to refund Rs 1.64 lakh to a customer who lost money in an unauthorised onl...
- Saturday bank holiday: Are banks open or closed today on August 1, 2026? Check if HDFC Bank, SBI, PNB and others are openAll scheduled and non-scheduled banks observe holidays on the second and fourth Saturdays. Banks remain open on the first, third, and fifth...
- RBI asks banks to install fake currency detection machines at branches along international bordersThe Reserve Bank of India has directed banks to enhance counterfeit note detection. Branches near international borders must now have note ...
- School holiday tomorrow, August 1: Will schools remain closed as IMD issues heavy rainfall alerts for several states?School holiday tomorrow, August 1: Monsoon rains continue actively across many parts of India. Students and parents seek updates on possibl...
- August 2026 Holidays List: Schools, banks & government offices will be closed on these datesAugust 2026 Holidays List: August 2026 brings Independence Day, Milad-un-Nabi, and Raksha Bandhan holidays. Schools and banks will close na...
- RBI issues revised Basel Pillar 3 disclosure framework for commercial, small finance and payments banksThe Reserve Bank of India has revised its Basel Pillar 3 disclosure framework. These amendments aim to strengthen market discipline through...
- RBI gives banks more time to implement bulk deposit rate norms, deadline now Oct 1Banks now have until October 1 to implement new differential interest rate rules. These norms allow varied rates on bulk deposits consideri...
- School holiday tomorrow, July 31: Will schools remain closed as IMD issues heavy rainfall alerts for several states?School holiday tomorrow, July 31: Active monsoon conditions are causing concern for students and parents regarding school closures. The Ind...
- The future of personal loans is pay for what you needTraditional loans assumed fixed needs, but modern financial requirements are often incremental. Borrowers now seek flexibility to access fu...
- RBI sold about $7 billion to defend rupee on FridayIndia's central bank sold approximately $7 billion to defend the rupee. The Reserve Bank of India intervened across markets as the currency...
- $32 billion inflows from India's forex drive yet to boost rupeeIndia's special measures have attracted $32 billion in foreign currency inflows, but the boost has yet to significantly strengthen the rupe...
- Bank holidays in August 2026: Independence Day, Onam, Raksha Bandhan and other holidays; check complete listBank holidays: Bank branches will observe numerous closures throughout August 2026 due to holidays. Independence Day on August 15 will caus...
- School Holiday Today, July 28: Will schools remain closed on Tuesday as IMD predicts heavy rainfall in several states?School Holiday Today, July 28: With the IMD forecasting heavy to extremely heavy rainfall across several states, including Odisha, West Ben...
- No proposal for one-time waiver of loans of small, marginal farmers: MoS FinanceThe government has no current proposal for a one-time loan waiver for farmers. The Reserve Bank of India offers financial restructuring opt...
- Curb risk of competition law violations being internalised as cost of doing biz: Parliament panel to CCIA parliamentary panel recommends vigorous enforcement of penalty guidelines by the Competition Commission of India. These guidelines aim to...
- PNB profit to cross Rs 20,000 cr mark in FY27: MD Ashok ChandraPunjab National Bank expects its FY27 net profit to exceed ₹20,000 crore after delivering more than ₹5,000 crore in quarterly profit for fo...
- Saturday bank holiday: Are banks open or closed today on July 25, 2026?Banks across India will remain closed on Saturday? Reserve Bank of India guidelines mandate banks close on second and fourth Saturdays. Dig...
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