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Banking

Discover the latest banking news and updates on the banking sector in India with Newsblare. Stay informed about news trends, developments, and key insights.

Banking

RBI Charge Rs 23 per ATM Transactions from Customers, Effective from 1 April

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

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Banking

RBI Strict Action against Co-operative Bank Branches Panic people

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

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Banking

UPI Transaction IDs Will Be Blocked from 1st February: Here is How to Avoid It

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

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Banking

HDFC Bank’s ₹77 Crore Leasing Deal in Mumbai: A Bold Move in Andheri’s Real Estate Boom

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

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Banking

Reserve Bank of India announces Bank Holidays for January 2025

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

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Banking

Major Bank Holidays for 2025 Revealed: Check Dates Now

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

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Banking

Union Bank LBO Cut Off 2024: Key to Success in Officer Exams

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.

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Banking

Revenue secretary Sanjay Malhotra nominated as incoming RBI governer

The Revenue Secretary Sanjay Malhotra has been nominated as the incoming RBI Governor for a term of 3 years. He is scheduled to assume office on Wednesday, succeeding Shaktikanta Das, whose term ends on Tuesday. The government announced the appointment through an official statement. An IAS officer of the 1990 batch, Mr. Malhotra is an

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Banking

Key changes in ICIC credit cards: Airport lounge access requirement doubled

The credit card policies of ICICI Bank have seen some major changes from 15 November 2024. However, one of the policies is receiving massive backlash for a significant hike in price. According to the latest update, the airport lounge access requirement has not only increased but has doubled up directly for use in an airport

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Banking

SBI ATM UPI cash withdrawal upgrade: Debit cards may not exist in future

SBI ATM UPI cash withdrawal is the coolest tech upgrade you will see in India today. All State Bank of India ATMs now offer this newly introduced facility. You can withdraw money, minus the debit or credit card from here. Use any UPI apps such as PhonePe, Google Pay, or even Paytm for the process.

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