banking news

News

BANKING NEWS NEWS

The citizens are advised to check the holiday list in advance before planning a visit to their bank.

RBI Holiday List 2026: Banks to remain closed for 10 days in January - Check dates & city-wise closure list

December 23, 2025 1:59 pm

Bank Holidays in January 2026: In January 2026, branches of both public and private sector banks will remain closed on several days due to various occasions and festivals such as New Year, Swami Vivekananda Jayanti, Bihu, etc.

For ‘frictionless credit’, RBI to launch technology platform; to call it Unified Lending Interface: Governor Shaktikanta Das

August 27, 2024 9:35 am

Going beyond understanding the risks posed by AI, financial institutions should clearly outline the liabilities and ensure a calibrated and responsible adoption.

Ex-First Republic CEO blames contagion for bank's collapse

May 17, 2023 11:04 am

The former chief executive of the First Republic Bank Michael Roffler said regulators did not express concerns regarding the bank's strategy, liquidity, or management performance.

Sebi asks AIFs to provide "direct plan" option to investors; introduces trail model for distribution commission

April 11, 2023 3:30 pm

Sebi asked AIFs to disclose distribution fees to the investors at the time of on-boarding.

Swiss parliament holds emergency session on Credit Suisse rescue

April 11, 2023 2:09 pm

The unusual event - the third such session in over twenty years - provides parliament with a chance to reject the massive loans given as part of the rescue package.

Karnataka Bank plans 17.69% growth rate this year

April 07, 2023 4:12 pm

Karnataka Bank stepped into its 100th year of purposeful service to the nation on February 18 this year and launched year-long centennial celebrations.

Credit Suisse faces anger at final shareholder meeting

April 04, 2023 9:55 am

After years of scandal and losses, Credit Suisse came to the brink of collapse before UBS rode to the rescue with a shotgun merger engineered and bankrolled by the Swiss authorities.

Swiss prosecutors probe Credit Suisse ahead of UBS takeover

April 03, 2023 3:35 pm

Before the bank marriage was orchestrated on March 19, Credit Suisse was hemorrhaging deposits, shareholders were dumping its stock and creditors were rushing to seek repayment.

RBI appoints Neeraj Nigam as executive director

April 03, 2023 12:41 pm

As executive director, he will look after consumer education and protection department; financial inclusion and development department, legal department, and Secretary's department, the RBI said.