Banks can offer loans for FCNR (B), rebook deposits, RBI clarifiesIndian banks can now lend against FCNR(B) deposits, with the RBI offering forex swaps only on the principal amount. This move aims to attra...
23 Jun, 2026, 06.56 PM IST
RBI clarifies FCNR(B) loan, SBLC eligibility under swap schemeIndian banks can now offer loans to non-residents and issue standby letters of credit against FCNR(B) deposits under a new RBI swap facilit...
23 Jun, 2026, 06.53 PM IST
CBI arrests senior IAS officer Pankaj Aggarwal in ongoing alleged IDFC First Bank fund misappropriation caseThe Central Bureau of Investigation (CBI) has arrested Pankaj Aggarwal, IAS on Monday who was the then Principal Secretary in Department of...
23 Jun, 2026, 10.19 AM IST
PFC raises $300 million through five year dollar bondPower Finance Corp successfully raised $300 million in international bonds, marking India's second such issuance since the RBI's special sw...
22 Jun, 2026, 09.19 PM IST
Banks to be closed for 3 consecutive days this week: Check if your state is on the listBank holidays: Several Indian states and union territories will experience a three-day bank closure this week, from Friday, June 26th to Su...
22 Jun, 2026, 04.20 PM IST
Indian financial firms to tap $1.5 billion overseas bonds this week: BankersIndian lenders are poised to issue approximately $1.5 billion in foreign-currency bonds this week, driven by a new, cost-effective hedging ...
22 Jun, 2026, 02.26 PM IST
Banks seek RBI clarity on leveraged NRI FCNR deposit structuresIndian banks are seeking clarity from the RBI on allowing overseas branches to lend to non-residents for FCNR(B) deposits. Some lenders, li...
22 Jun, 2026, 05.30 AM IST
PSBs told to tighten scrutiny of government accounts amid fraud concernsIn response to a staggering ₹590 crore fraud uncovered in Haryana government accounts, the finance ministry has mandated that public sector...
21 Jun, 2026, 11.59 PM IST
Saturday bank holiday: Are banks open or closed today on June 20, 2026?Bank holiday: Indian banks operate on a mixed schedule, with closures on Sundays and the second/fourth Saturdays. While many services are d...
20 Jun, 2026, 07.00 AM IST
SBI, Axis Bank among lenders set for $2 billion ECB fundraising via RBI swapMajor Indian banks, including SBI, Axis Bank, and Bank of Baroda, alongside Power Finance Corporation, are set to raise over $2 billion fro...
20 Jun, 2026, 05.30 AM IST
What’s open and closed on Juneteenth 2026? Banks, USPS, stock market, stores and restaurant hoursJuneteenth, a federal holiday, marks the end of slavery in the US. This year, many services are affected. Post offices and banks are closed...
19 Jun, 2026, 01.34 PM IST
Digital systems secure, says Axis Bank amid AI platform-driven vulnerability claims on cybersecurityAxis Bank assures its digital systems are secure. The bank states cyber fraud largely occurs when customers are tricked by external communi...
17 Jun, 2026, 07.05 PM IST
Axis Bank partners with BITS Pilani to establish Rs 100 crore industry research, tech and innovation parkAxis Bank has partnered with BITS Pilani to establish a Rs 100 crore Industry Research, Technology & Innovation Park at its Hyderabad campu...
17 Jun, 2026, 05.52 PM IST
CCI approves Kedaara Capital's Rs 750 crore stake purchase proposal in Axis FinanceIndia's competition watchdog has given the green light for Kedaara Capital to invest Rs 750 crore in Axis Finance. This marks a significant...
16 Jun, 2026, 06.28 PM IST
Rs 25,000 monthly investment in 5-year RD: Check maturity in SBI, PNB, post office, HDFC Bank and other recurring depositsRecurring Deposits offer a safe way to build savings with fixed monthly investments. Investors can choose between banks and post offices fo...
16 Jun, 2026, 04.39 PM IST
Bank holiday today: Are banks open or closed today (Monday, June 15, 2026)?Bank holiday: Banks in some states will be closed today, June 15, 2026, due to regional holidays. Mizoram observes YMA Day, commemorating t...
15 Jun, 2026, 07.00 AM IST
Saturday bank holiday: Are banks open or closed today on June 13, 2026?Bank holiday today: Banks across India are closed today, Saturday, June 13, 2026, as it marks the second Saturday of the month. While physi...
13 Jun, 2026, 07.00 AM IST