Discover the latest banking news and updates on the banking sector in India with Newsblare. Stay informed about news trends, developments, and key insights.
Hours after the Reserve Bank of India (RBI) announced a 25 basis points cut in the repo rate, two major public region banks — Bank of India and UCO Bank on Wednesday reduced their lending prices, bringing solution to both current and new debtors. UCO Cuts Repo Rate by 8.8% and makes the loan accessible
State Bank of India (SBI) customers faced disruptions today in internet and mobile banking services. It is for the second time this month because of “technical issues”. The glitch affected customers in country, affects mobile banking and fund transfers. Data confirmed a reports on SBI Mobile Banking Services Disrupts, occurs between 11:00 AM and 11:30
An attempted theft at Muthoot Finance Karnataka near Derlakatte Junction under the jurisdiction of the Konaje police station took place late on March 29 night time. As the burglars were breaking the locks, the finance company’s siren went off, alerting the Konaje police, who rushed to the scene and arrested two accused individuals. Three strangers
The RBI has stated that as of May 1, 2025, clients use ATM banking services will incur a charge of Rs 23 per transaction, an increase from previous amount of Rs 21 per transaction. The valuable bank stated that clients will still be eligible for five complimentary transactions (each financial and non-financial) per month at
Reserve Bank of India (RBI) take the strict action against the New India Co-operative Bank Limited, and restricted to issues new loans, accepts fresh deposits and suspends the withdrawals for next six months. RBI Strict Action marks the supervisory concerns and the bank’s liquidity position. The restrictions panic account holders, and customers line up at
As part of its efforts to simplify and standardize digital payments, the National Payments Corporation of India (NPCI) has rolled out new guidelines for transaction IDs in its Unified Payments Interface (UPI). From February 1, 2025, the central system will block UPI transaction IDs that contain special characters like **#, @, $, or ***. Such
In an impressive move that demonstrates its belief in Mumbai commercial Andheri’s real estate, HDFC Bank has signed up for over 2.72 lakh sq ft in Andheri. This prime commercial property now occupies a part of the newly constructed R Square building by the subsidiary of Runwal Realty, Histyle Retail Pvt Ltd. It is leased
The Reserve Bank of India, as the New Year dawns, unveils the final list of Bank Holidays 2025 for January. For this month, there are a total of 13 non-working days, which fall under different heads, such as national holidays, local ones, and second and fourth Saturdays and Sundays. These non-working days will be applicable
Knowing when the banks will be closed in January 2025 is important as the new year approaches. This information will help you plan your financial activities accordingly as the government has finalized major bank holidays for 2025. In January, there will be about 15 bank holidays that include weekends and region-specific celebrations. The month starts
The Union Bank LBO Cut Off 2024 will be the critical benchmark for the aspirants who will appear in the Local Bank Officer exam from December 4 to December 8, 2024. These cut-off marks define the minimum scores needed to qualify for the next stage of the selection process, shaping the chances of moving forward.
