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RBI GUIDELINES ON BANK HOLIDAYS
FX swap window may spur PSU rush for overseas loansPublic sector units like PFC, REC, and NaBFID are poised to increase their External Commercial Borrowings (ECBs) to leverage the RBI's 1.5%...- From tax exemption to FCNR(B) deposits: How India is trying to attract foreign capitalIndia is taking steps to attract foreign investment and boost its economy. The Reserve Bank of India and the government have introduced new...
- RBI offers concessional swaps, allows leverage for NRI deposits to drive forex inflowsThe Reserve Bank of India has introduced new foreign exchange measures. These include special swap facilities to encourage state-owned comp...
- Deposits under RBI's latest foreign currency non-resident bank scheme will carry one-year lock-inThe Reserve Bank of India's new FCNR-B scheme offers a one-year lock-in for deposits and mandates non-cancellable swaps for banks. This ini...
- RBI opens a dollar swap window to help hedge foreign borrowingsThe Reserve Bank of India is introducing a dollar-rupee swap facility for banks. This move aims to help state-run firms and lenders hedge t...
- RBI offers concessional swaps for PSUs, NRI deposits to drive forex inflowsThe Reserve Bank of India has introduced new foreign exchange measures. These include offering special swap facilities to encourage state-o...
- Schools in AP and Telangana to resume from this date: Check reopening schedule and June holidaysAndhra Pradesh and Telangana schools are set to reopen on June 15, 2026, concluding the summer vacation that began on April 24. The decisio...
- Increase in limits for NRI and OCI investors to invest in stock market without SEBI registration, RBI GuvThe Reserve Bank of India has boosted investment limits for non-resident Indians, Overseas Citizens of India, and other individuals residin...
- Saturday bank holiday: Are banks open or closed today on June 6, 2026?Banks will be open today, June 6, 2026. This is the first Saturday of the month, a regular working day. Bank holidays vary by state, with t...
- RBI fines Canara Bank for violations related to KYC, inactive accountsThe Reserve Bank of India has taken action against Canara Bank, slapping a substantial Rs 41.8 lakh fine for failing to comply with Know Yo...
- RBI raises investment limits for NRIs, OCIs; Extends equity route to overseas individualsThe Reserve Bank of India has increased investment limits for Non-Resident Indians and Overseas Citizens of India in stock market equity in...
- Norms issued to estimate District Domestic ProductNew uniform guidelines for estimating district domestic product have been released by the statistics ministry, aiming for standardized indi...
- RBI reviews expected credit loss rules amid concerns over impact on SME credit costsThe Reserve Bank of India is taking a closer look at its credit loss regulations, which may result in higher borrowing costs for small and ...
- Harassed by loan recovery agents? Know your legal rights and 6 steps to fight backBorrowers struggling with debt often face harassment from recovery agents through abusive calls, threats, public shaming, and unauthorised ...
- RBI sees services exports, remittances cushioning current account in FY27India's current account balance will see strong support in 2026-27. Robust growth in software and business services exports will be a key f...
- Saturday bank holiday: Are banks open or closed on May 30, 2026, on fifth Saturday of May 2026?Bank holiday today: Banks across India are open today, May 30, 2026, as it is the fifth Saturday of the month. Typically, banks observe hol...
- Bank holidays in June 2026: Check the complete state-wise list before planning your branch visitJune 2026 bank holidays: Indian banks will be closed on several dates in June 2026. These holidays are for regional and national celebratio...
- Bank holiday for Bakri ID (Id-Uz-Zuha): Are banks open or closed today in your state on May 28, 2026?Bank holiday today: Banks in several Indian states are closed today, May 28, 2026, in observance of Bakri ID (Id-Uz-Zuha). While branch ser...
- Bakri-Eid Bank Holiday Today: Are banks closed or open in your state for Eid-UI-Adha/Id-ul-Zuha) on May 27, 2026?Bank holiday today: Banks across numerous Indian states will be closed today, Wednesday, May 27, 2026, for the Eid-ul-Adha festival. This h...
- Are banks closed for 14 days in Pune due to curfew? Here's what police officials said amid social media claimsPune Police have clarified that no 14-day curfew is being imposed in the city. Social media rumours about a curfew starting May 26, 2026, a...
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