November is packed with several bank holidays. Last month, many banks were closed multiple times due to the festive season. The Reserve Bank of India (RBI) releases a list of bank holidays in advance, so customers can plan their visits accordingly. If you’re planning to go to the bank on Wednesday, November 5, you should … Read more
If you have a bank account, or even a locker or safe custody, this update from the Reserve Bank of India (RBI) is important for you. RBI has made major changes to the nomination rules, which will take effect from November 1, 2025.These new rules will apply to all banks in India — public, private, … Read more
This week, between November 3 and 9, banks in different states will remain closed on certain days due to various festivals and events. According to the Reserve Bank of India (RBI) holiday list, some regions will have up to four bank holidays during this period. Banks usually remain closed on Sundays and the second and … Read more
for banks, and November will also have several days when banks remain closed — around nine to ten in total. If you plan to visit your bank in November, make sure to check the official list of holidays released by the Reserve Bank of India (RBI). This will help you avoid any last-minute trouble. The … Read more
Starting November 1, 2025, new banking regulations will allow account holders to nominate up to four nominees for their bank accounts. Earlier, the limit was only two. This change will give individuals greater control over their money and assets and make the claims settlement process more transparent and easier to manage. Nominee Contact Details Now … Read more
Starting October 1, 2025, the Reserve Bank of India (RBI) has introduced a one-year incentive scheme to reduce inactive bank accounts and unclaimed funds. Under this scheme, banks will earn incentives based on the deposits and the duration of inactivity in these accounts. The goal is to encourage banks to contact customers, reactivate accounts, and … Read more
The Reserve Bank of India (RBI) has introduced seven new guidelines for banks, covering areas such as interest rates, loans against gold and silver, and capital regulations. These rules will come into effect on October 1, 2025. In addition, the RBI has also released four draft guidelines, aimed at benefiting both customers and banks. Changes … Read more
The Reserve Bank of India (RBI) has introduced new rules to make it easier and faster for families to claim money, lockers, or deposits after the death of a bank customer. Banks must now settle such claims within 15 days. If there is any delay, the nominee will get compensation from the bank. Key Objectives … Read more
The Reserve Bank of India (RBI) has announced new rules to make digital payments more secure. Under these rules, two-factor authentication (2FA) options beyond SMS OTP will now be allowed. These regulations, called the “Authentication Mechanisms for Digital Payment Transactions Directions, 2025,” will take effect from April 1, 2026. What Are the New Authentication Options? … Read more
As September 2025 is approaching, people are already checking the list of bank holidays. This month, banks will remain closed for 15 days in total. Out of these, 9 holidays are due to festivals, while the rest are weekly offs. Major festivals like Onam, Navratri, and Eid are falling in September, which has increased the … Read more
If you often deposit cheques in the bank, here’s some good news. Till now, cheque clearance used to take 2–3 days, but this delay will soon end. The Reserve Bank of India (RBI) has announced a big change—starting October 2025, cheque clearance will happen in real-time. This means the money will reach your account within … Read more