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 New Crypto Rules: Live Selfies, Geo-Tagging Mandatory
India's FIU enforces strict new KYC rules for crypto exchanges, including live selfie verification and geo-tracking to prevent money laundering. Learn what this means for users.
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.
Selfie, Penny Drop Now Mandatory for Crypto KYC in India
India's FIU mandates selfie verification and penny drop test for crypto customer KYC. Learn how these new anti-fraud measures impact VDA exchanges and users.
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.
Banking Sector Sees Strong Turnaround in 2025
India's banking sector records a robust financial turnaround in 2025, with improved asset quality and profitability. Explore the key drivers behind this recovery.
IIFCL Confirms Preparations for Up to 25% Govt Stake Dilution
IIFCL's Deputy Managing Director confirms plans to dilute up to 25% government stake, aiming for enhanced valuation and operational flexibility. Read the full details here.
Trump's 10% Credit Card Cap Plan Resonates in India
Donald Trump's proposal for a 10% cap on US credit card rates has Indian cardholders, facing up to 42% interest, asking if India could follow. Explore the implications and RBI's stance.
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.
PAYG Gets RBI Approval for Offline, Cross-Border Payments
PAYG Payments Pvt Ltd receives RBI's in-principle approval for offline and cross-border payment aggregation licenses, marking a key expansion in India's fintech landscape. Learn more about this strategic move.
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.
Expert: Letting Rupee Slide Isn't the Answer for RBI
Axis Bank's Tanay Dalal argues against a rapid rupee devaluation. A gradual approach to finding fair value while avoiding shocks is optimal for India's economy. Read the analysis.
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.
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.
RBI Governor Urges Collaboration to Fight Digital Fraud
RBI Governor Sanjay Malhotra urges banks and regulated entities to jointly develop analytics tools to proactively prevent digital fraud. He highlights the RBI's new AI model, MuleHunter.AI, and stresses that enforcement actions aim to correct, not punish.
PHDCCI's Pre-Budget Agenda: Green Bank, MSME Credit Reforms
PHDCCI outlines a crucial pre-budget agenda for BFSI sector, advocating for a Green Bank, MSME credit reforms, and financial stability measures. Read the key proposals.
Forex reserves fall $980 million to $686.80 billion
India's foreign exchange reserves declined by $980 million to $686.80 billion for the week ending May 17, as per RBI data. Explore the key factors behind this drop and its economic implications.
Vodafone Idea's Rs 124 Crore Annual Payout Cap for 6 Years
Vodafone Idea secures a crucial lifeline with a Rs 124 crore annual payout cap for six years. Learn how this restructuring aids the telecom giant's revival and impacts India's telecom sector.
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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