Christmas 2025: Banks, NSE, BSE Closed Nationwide
Christmas 2025 holiday in India: All banks, NSE, and BSE are closed on December 25. Check RBI holiday list, digital banking services available, and last market holiday of the year.
Category : Banking
SFIO Probes IndusInd Bank Over Rs 1,960 Cr Derivatives Loss
Serious Fraud Investigation Office opens formal probe into IndusInd Bank's accounting lapses tied to internal derivative trades, which eroded net worth by 2.3%. Read the full details.
Bond yields fall sharply after RBI's massive liquidity infusion
Government bond yields in India saw their biggest single-day fall since mid-May after the RBI announced fresh measures to inject ₹2.9 lakh crore into the banking system. Read more on the market's reaction and expert analysis.
NPCI Launches Central Portal for UPI Autopay Management
NPCI introduces a central portal for managing UPI autopay mandates, enhancing transparency and portability to curb dark patterns. Learn how this empowers Indian consumers.
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Credit Card Spending Slows 11.9% Post Festive Season
Credit card spending in India fell to Rs 1.9 lakh crore in Nov 2025, down 11.9% from Oct, as festive demand normalized. HDFC Bank showed resilience while offline spending took a larger hit. Read the full analysis.
Consumer panel fines insurer, TPA for illegal claim deduction
Ranga Reddy consumer commission holds insurer & TPA guilty for illegal mediclaim deduction. Ordered ₹19,535 refund with 9% interest & ₹15,000 compensation. Read the full verdict.
Rs 307 Cr Unclaimed in Ernakulam Banks; Claim Camp on Dec 16
Over Rs 307 crore lies unclaimed in Ernakulam banks. A special camp on Monday helps heirs reclaim funds. Learn documents needed and camp location details here.
Rs 140 Crore Unclaimed in DK Banks; Rs 20 Crore Returned
Banks in Dakshina Kannada hold Rs 140 crore in unclaimed deposits. Under the 'Your Money, Your Right' drive, Rs 20 crore was returned. Learn how to claim your money via UDGAM portal.
CBI Nabs Two Bankers in Delhi for Mule Account Scam
CBI arrests two Punjab National Bank officials for allegedly opening fraudulent accounts to launder cybercrime proceeds. The bankers are accused of being part of a larger network.
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Sebi Approves NHAI's Public InvIT for Highway Monetisation
Sebi approves NHAI's Raajmarg Infra InvIT, enabling retail investors to fund national highways. This move aims to recycle capital for future road projects. Read more.
RBI's 2026 Bank Holiday List: Key Dates to Know
The Reserve Bank of India has released the official list of bank holidays for 2026. Plan your financial year with our detailed guide to over 100 days of national, regional, and religious closures.
IBPS RRB PO Prelims Result 2025 Out Now
IBPS has released the RRB PO Prelims 2025 result. Candidates can now download their scorecards from the official website ibps.in. Check steps and details here.
Bond yields see biggest drop in 7 months after RBI move
Indian government bonds surged as the RBI announced a massive ₹2.9 lakh crore liquidity injection, easing supply concerns. The 10-year yield saw its sharpest single-day fall since May. Read the full analysis.
RBI Proposes Full Cost Disclosure for Forex Transactions
RBI's new draft mandates banks to reveal all cross-border payment charges upfront, boosting transparency for education, travel & remittances. Public feedback open until Jan 9, 2026.
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Bombay HC Stays Banks' Action Against Anil Ambani, RCom
Bombay High Court halts action by three banks against Anil Ambani and Reliance Communications, citing violation of RBI directions. Details on the forensic audit and court's order inside.
Bombay HC relief to Anil Ambani in bank fraud case
Bombay High Court grants interim relief to Anil Ambani, stays actions by three banks over declaring RCom accounts fraudulent, citing illegal forensic report. Details inside.
ICICI Bank Credit Card Rules Change: Higher Fees, Reward Caps
ICICI Bank announces significant changes to credit card terms from January 2025, including higher charges and reward point limits. Learn how this impacts your wallet.
LIC Housing Finance slashes home loan interest rates
LIC Housing Finance reduces home loan rates, starting at 7.15% for high CIBIL scores. New rates reward creditworthy borrowers and make home financing more affordable. Details inside.
SBI SO 2025 Deadline Extended to January 5
State Bank of India extends the SBI Specialist Officer application deadline for 996 posts. Apply online at sbi.co.in by Jan 5, 2025. Check eligibility & steps here.
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Bombay HC Grants Interim Relief to Anil Ambani
Bombay High Court grants interim relief to Anil Ambani in his legal challenge against banks labeling his accounts as fraud based on a BDO report. Details inside.
CBUAE revokes Omda Exchange licence, fines Dh10 million
The UAE Central Bank has revoked Omda Exchange's licence and fined it Dh10 million for regulatory breaches. This action strengthens the financial system's integrity for residents. Read more about the enforcement.
RBI's $10B FX Swap Eases Rupee Forward Premiums
The Reserve Bank of India's $10 billion USD/INR buy-sell swap announcement brings down forward premiums from peaks. The rupee spot trades steady at 89.70. Get the latest market analysis.
Bonds Rally Most in 4 Months After RBI Liquidity Push
Indian bonds surged as RBI announced ₹2 trillion bond purchases and a $10 billion forex swap to boost liquidity. Benchmark yield fell sharply. Read the full analysis.
Pune Credit Society Manager Booked for Rs 1 Crore Fraud
Shivajinagar police register a cheating case against a cooperative society manager for allegedly misappropriating Rs 1 crore through fake loans. Full details of the audit findings inside.
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Christmas Bank Holidays 2024: State-wise List for Dec 24 & 25
Confused about bank timings for Christmas? Banks are closed only in Mizoram, Nagaland & Meghalaya on Dec 24. Nationwide holiday on Dec 25. Check state-wise list and plan your banking.
Rs 7.5 Crore Loan Fraud: Noida Firm Sues 14 Employees
Manappuram Finance uncovers a Rs 7.47 crore embezzlement scheme in its Noida branch. 14 employees, including the manager, face charges for sanctioning 57 fraudulent loans using forged documents. Read the full investigation details.
Ghaziabad: 4-Month Jail for Man in Bank Loan Fraud
A CBI court in Ghaziabad sentenced Ravi Kumar Garg to jail in a bank fraud case. He pleaded guilty, repaid part of the loan, and avoided further imprisonment. Details inside.
RBI Injects Rs 2.9 Lakh Crore to Boost Banking Liquidity
The Reserve Bank of India announces a massive Rs 2.9 lakh crore liquidity infusion via bond purchases and a dollar-rupee swap to counter a recent cash squeeze and rising yields. Details inside.
9 convicted in SBI fraud case causing Rs 2.3 crore loss
A Visakhapatnam court convicts nine, including ex-SBI officials, in two fraud cases causing over Rs 2.3 crore loss to the bank. Read the full details of the judgment and sentences.
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RBI Announces Rs 2 Lakh Crore OMOs, $10 Billion Swap
RBI unveils major liquidity infusion: Rs 2 lakh crore OMO purchases and a $10 billion forex swap to ease banking system conditions. Details and schedule inside.
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