Category : Search result: central bank funds


4 Bank Holidays Next Week: Check State-Wise List

Banks will be closed for four days next week from 8-14 Dec 2025, but only in specific states. Check the full list of holidays for SBI, PNB, HDFC, ICICI and online banking options.

RBI Grants In-Principle SFB Approval to Fino Payments Bank

The Reserve Bank of India has given in-principle approval for Fino Payments Bank to transition into a small finance bank. This marks a major milestone for the 18-year-old company. Read more about the implications and Fino's unique strategy.

Lok Sabha Passes Bill Empowering Finance Commission

The Lok Sabha has passed a crucial bill granting the Finance Commission statutory power to allocate funds for states' disaster management. This move aims to streamline resource distribution.

Yes Bank, Union Bank Enter Nifty Bank Index

Yes Bank and Union Bank of India set to join NSE's Nifty Bank index, expanding it to 14 stocks. New SEBI rules trigger $670M outflows from HDFC, ICICI Bank. Read the full analysis.

Bank Clerk Arrested for Misappropriating ₹6.28 Lakh in Berhampur

A 40-year-old bank clerk in Berhampur has been arrested for allegedly misappropriating over ₹6.28 lakh from 26 savings accounts. The fraud was uncovered after customers complained. Read the full details of the case and ongoing police investigation.

PFRDA's New NPS Platform to Channel Pension Funds into AIFs

PFRDA chairman S Ramann announces a dedicated NPS fund-of-funds platform to route pension money into AIFs, aiming to provide stable, long-term capital for India's private markets. Discover how this move will reshape domestic capital formation.

BoB Study: Just 25% of IPO Funds Go to Capex

A Bank of Baroda report reveals only 26% of fresh IPO equity is for capital expenditure, with most funds used for debt repayment and other purposes. Discover the key trends shaping India's booming IPO market.

Himachal CM Cites Central Grant Cut for Fund Delays

Himachal Pradesh CM Sukhvinder Singh Sukhu cites a steep cut in central grants and borrowing limits for delaying MLA funds and revised salaries. The state's finances are under severe strain. Read more.

The Rise of Multi-Asset Allocation Funds in India

Multi-asset allocation funds offer diversification across equity, debt, and gold, helping Indian investors navigate market volatility. Discover their compelling benefits for long-term wealth creation.

PNB LBO 2025 Application Deadline Today

Punjab National Bank closes applications for 750 Local Bank Officer posts today. Check eligibility, pay scale, and how to apply online at pnb.bank.in before the deadline.

India's Mega PSB Merger Plan: Balancing Scale and Risk

India plans new public sector bank mergers to create global-sized lenders. While aiming to fund major projects, the move raises concerns over heightened systemic risk and concentration. Can India achieve scale without amplifying vulnerabilities?

Mid-Cap Fund Crisis: Active Managers Struggle

New data reveals 66% of active mid-cap funds underperform benchmarks. Explore whether investors should switch to passive strategies amid shrinking alpha opportunities in India's mutual fund market.

Bank Holidays: December 1-7 Closure Schedule

Banks in Itanagar, Kohima, and Panaji will remain closed next week for state holidays. Check complete December 2025 bank holiday calendar and available online services.

Prayagraj Junction leads NCR in railway revenue

Prayagraj Junction emerges as North Central Railway's top revenue station, generating Rs 288.30 crore. Discover how it surpassed Kanpur Central and what this means for passenger facilities.

Banks Open Today: November 29, 2025 Status

Banks remain operational across India on November 29, 2025, being the fifth Saturday. Check regional exceptions in Arunachal Pradesh and Nagaland. Plan your banking activities accordingly.

Aggressive Hybrid Funds Cross ₹2.5 Lakh Crore Mark

Aggressive hybrid mutual funds surge to ₹2.5 lakh crore AUM with 13% growth. Discover how these balanced funds deliver 17%+ returns amid market volatility. Expert insights reveal top performers.

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