Bank Holiday Today for Swami Vivekananda Jayanti
Banks are closed in several states today, January 12, for Swami Vivekananda's birth anniversary. Check the full state-wise list and plan your banking tasks accordingly.
Category : Banking
India's FIU Enforces Strict KYC for Crypto Exchanges
India's Financial Intelligence Unit unveils stringent AML/KYC rules for crypto exchanges, including live selfies and geo-tracking to curb illegal activities. Learn what this means for investors.
India's FIU Enforces Stricter AML, KYC Rules for Crypto Exchanges
India's FIU introduces stringent AML & KYC rules for crypto exchanges, mandating live selfie verification, geo-tracking, and penny-drop checks. Learn about the new compliance framework.
India's FIU Unveils Tough New AML Rules for Crypto Exchanges
India's FIU mandates live selfies, geo-tracking, and penny-drop verification for crypto exchanges to curb money laundering. New rules target ICOs and mixers.
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Trump's 10% Credit Card Cap Plan Shakes Bank Stocks
US President Donald Trump calls for a 10% cap on credit card interest rates, potentially hitting bank profits and consumer credit access. Read the full analysis.
DAM Capital's Plan to Diversify Beyond Volatile I-Banking
India's only listed pure-play investment bank, DAM Capital, plans to use its ₹287 crore cash reserves to build stable, fee-based businesses like wealth management and AIFs to reduce earnings volatility. Read its full strategy.
BoB Card Targets Gen Z, Women with Health-Focused Credit Cards
Bank of Baroda's BoB Card is shifting from generic rewards to cohort-specific products focused on healthcare, insurance, and wellness benefits. Learn how they're targeting Gen Z, women, and professionals.
Bank Holidays Next Week: Full RBI Schedule for Jan 12-18
Banks in several states will be closed next week for Makar Sankranti, Swami Vivekananda's birthday, and Pongal festivities. Check the full RBI holiday schedule and know which transactions you can still perform.
Federal Bank Launches New Brand Identity 'The Fortuna Wave'
Federal Bank unveils its refreshed brand identity, 'The Fortuna Wave,' in Mumbai, signaling a modern evolution while staying true to its core values of trust and customer commitment. Discover the new look.
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Banks Closed Today, January 10: Full Holiday List
Banks remain closed across India on January 10, the second Saturday. Get the complete list of upcoming bank holidays for January and February 2026, including state-specific dates.
Govt Caps Vodafone Idea's Annual AGR Payout at Rs 124 Cr
The Indian government offers Vodafone Idea a major cash flow relief by capping its annual AGR dues payout at Rs 124 crore for six years. This move aims to ensure sector competition and protect 20 crore consumers. Read the full details.
India's Forex Reserves See Sharp $9.9 Billion Weekly Drop
India's foreign exchange reserves fell sharply by $9.9 billion to $552 billion as RBI sold dollars to support the rupee. Get the full analysis of the rupee's decline and central bank action.
RBI Plans Major Shift to Real-Time Offsite Bank Supervision
RBI Governor Sanjay Malhotra announces enhanced offsite surveillance using AI and analytics for early risk detection in banks. Learn about the shift from periodic to continuous monitoring.
Insurer to Pay Rs 5 Lakh for Wrong Mediclaim Rejection
Ahmedabad consumer forum directs Oriental Insurance to pay Rs 5 lakh mediclaim with interest & compensation for wrongly citing pre-existing disease. Landmark ruling for policyholders.
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4-Day Bank Closure in Gujarat from Jan 24-27
Public sector banks in Gujarat will be shut for four consecutive days from Jan 24 to 27, disrupting services. Plan your cash and cheque needs. Digital channels will remain open.
India's Forex reserves fall by $9.8 billion to $686.8 bn
India's foreign exchange reserves declined by $9.809 billion to $686.801 billion for the week ending January 2, as per RBI data. Read the full analysis of the components and what this means for the economy.
RBI Calls for Collaboration to Fight Digital Payment Frauds
RBI Governor Sanjay Malhotra stresses collaboration among banks & NBFCs to combat digital fraud. AI tool MuleHunter.ai flags 20,000 suspicious accounts monthly. Read more.
SBI Clerk Mains Result 2025 to be Declared Soon
State Bank of India will soon release the SBI Clerk Mains Result 2025 for the November exam. Check official steps to download scorecard, cut-off, and next steps for LLPT.
SBI SO 2025 Registration Closes Jan 10
State Bank of India will close online applications for 996 Specialist Officer posts on January 10, 2026. Eligible candidates must apply immediately via the official SBI recruitment portal.
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CIBIL Error Costs Credit Card Company Rs 20,000 in Chandigarh
A Chandigarh consumer wins Rs 20,000 compensation after a credit card company's CIBIL error marked him a defaulter despite a 'No Dues' certificate. Learn how to protect your credit score.
IBPS SO 2025 Scorecard Out: Check Your Marks Now
IBPS has released the Specialist Officer (SO) 2025 scorecards. Candidates can check and download their marks from ibps.in until January 14, 2026. Know your qualification status for the interview round.
Sebi Notice to BofA India Over Confidential Data Breach
Sebi has issued a notice to Bank of America's India arm for sharing confidential Aditya Birla Sunlife AMC deal info internally. The regulator alleges rule violations. Read the full details.
Bank stocks surge 8.2%, beat Sensex in Q3 on festive demand
Indian bank stocks surged 8.2% in market cap in Oct-Dec, outperforming the Sensex. Festive demand and rate cuts fueled gains, with IDFC First Bank leading at 43.8% rise. Discover the top performers.
EPFO Instant PF Withdrawal via BHIM App Soon
EPFO to enable instant advance withdrawals for 30 crore members via BHIM app. Get ready for ATM-like access to your provident fund for emergencies. Learn more.
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Boutique Restructuring Firm BGC Partners Dissolves
BGC Partners Advisory, a restructuring firm started by ex-Citigroup bankers, is dissolving. Its key client was Puerto Rico's financial oversight board. Read the full story for details.
JPMorgan Takes Over Apple Card from Goldman Sachs
JPMorgan Chase replaces Goldman Sachs as issuer of the Apple Card, ending Goldman's troubled consumer lending experiment. The deal involves over $20B in balances.
IDFC First Bank Cuts Savings Interest Rates Sharply
IDFC First Bank reduces savings account interest rates by up to 200 basis points from January 9. Key slabs see significant cuts, impacting retail depositors. Learn the new rates and what it means for your money.
Apple Card Issuer Changes to JPMorgan, No User Impact
Apple Card's issuer changes from Goldman Sachs to JPMorgan Chase. Key features like 3% cashback remain. The deal closes in 2 years. Learn what stays the same for users.
Budget 2026: Govt to reform SARFAESI, DRT rules for swift debt recovery
The government may announce reforms to SARFAESI Act and DRT procedures in Budget 2026-27 to clear backlog of 178,000 cases and speed up debt recoveries. Key changes aim to reduce litigation.
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SBI Raises ₹6,000 Cr via CDs at 6% Amid Deposit Stress
State Bank of India taps CD market for ₹6,000 crore at 6%, highlighting banking sector's liquidity tightness and deposit struggle despite robust credit demand. Details inside.
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