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INDIA BANKING SECTOR NEWS
Bank Holidays 2025: Are banks in India open or closed today, April 1? Know more
April 01, 2025 8:01 am
Bank Holiday on April 1: According to the RBI Holiday Calendar 2025, banks in India will be closed for up to 15 days in April due to public holidays.
Eid 2025 Bank Holiday: Are banks open or closed today, March 31? RBI issues latest notice
March 31, 2025 9:04 am
Eid 2025 Bank Holiday: The scheduled holiday of Eid al-Fitr on March 31 stands cancelled, with banks today being open today in India, as the country follows April 1-March 31 as its financial year.
What is five-day banking: All you need to know
February 25, 2024 12:30 pm
What is five-day banking: As the proposal by Indian Bank Association (IBA) reflects a long-standing demand from public banks, here's everything you need to know about the five-day banking in India
RBI deputy guv urges banks to address gaps in governance framework
June 05, 2023 12:24 pm
Boards should set clear expectations for management and should require reports on risk management on a regular basis, said M Rajeshwar Rao, at a conference of directors of state-run and private banks in May.
AU Bank Jun qtr net profit rises 32 pc to Rs 268 cr on better asset quality
July 21, 2022 12:50 pm
The Jaipur-based lender said its disbursals grew to the best to Rs 8,445 crore in the quarter, up 345 per cent year-on-year, while collection efficiency grew to 105 per cent year-on-year. Together with a 48 per cent deposit growth to Rs 54,631 crore, its balance sheet grew 38 per cent to Rs 71,041 crore.
Banks’ investment portfolio: RBI pitches for new classification, valuation norms
January 15, 2022 1:22 am
🔴 As per the proposed norms, the investment portfolio of banks will be divided into three categories — held-to-maturity (HTM), available for sale (AFS), and fair value through profit and loss account (FVTPL).
Corporates are the ones suffering poverty in more ways than one
May 15, 2019 7:29 am
Corporates owe banks, and the public, crores. They’re the ones suffering poverty in more ways than one.
Policy intervention: After discoms and road sector, focus should shift to steel, iron and sugar
November 24, 2015 1:13 am
The banking sector has an exposure of around Rs 5,80,000 crore (9.4 per cent of total banking credit) to the power sector and it has contributed significantly to the rise of NPAs in public sector banks.
Gyan Sangam set to kick-start financial sector reforms
January 01, 2015 1:54 pm
McKinsey to guide bank chiefs in suggesting reforms; finance minister to be present at conclave.
Indian banks assets under stress rise,may get worse : Reserve Bank of India
December 30, 2013 12:21 pm
With stressed assets expected to get worse,Reserve Bank of India cautions risks have spiked.
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