Banks across India will be closed in several cities on March 20 and March 21, 2026, due to Eid-related observances, according to the Reserve Bank of India (RBI). However, the closures won’t be the same everywhere, so it’s important to check your city’s holiday schedule before heading to a branch. Bank Holidays on March 20 … Read more
If you are a customer of Punjab National Bank (PNB), this is important news for you. The bank has issued a warning saying that some accounts may be closed soon. This warning is not for all customers, but only for specific ones. PNB shared this information on its official social media account. According to the … Read more
As per rules set by the Reserve Bank of India, a bank account becomes “inoperative” if there are no transactions for two years. These accounts are closely monitored to prevent fraud or misuse. That’s why banks require customers to update their KYC details regularly. Why KYC Update Is Important Updating your KYC is the key … Read more
The Reserve Bank of India is exploring a major upgrade in banking security. It has asked banks to share their views on using facial recognition and other AI-based systems at ATMs, bank counters, and branches. This move is mainly aimed at areas where fraud cases are increasing. If implemented, the new technology could add an … Read more
YES Bank has announced some important changes for its credit card customers. According to the bank, these new rules will come into effect from April 1, 2026. The changes mainly relate to utility bill payments, transportation expenses, and adding money to digital wallets. The bank has clarified that the fee rates have not changed. The … Read more
If you are planning to take a loan for a home, car, or personal needs, this news is important for you. Due to rising inflation and changing conditions in the banking sector, Canara Bank has increased its interest rates. Because of this decision, customers may have to pay higher monthly installments (EMIs). The new interest … Read more
Getting funds is often a big challenge for small businesses and micro, small, and medium enterprises (MSMEs). To help solve this problem, the state-owned Bank of Baroda has launched a digital loan platform called bob Digi Udyam. This platform offers cash-flow based and collateral-free loans, allowing businesses to quickly access working capital. The loan process … Read more
ICICI Bank has reduced interest rates on its fixed deposits (FDs) by 10 basis points (bps) for deposits below ₹3 crore. The revised rates came into effect on March 11, 2026. The updated rates apply to deposits with a premature withdrawal facility across tenures ranging from 7 days to 10 years. After the revision, the … Read more
Over the last few years, Apple has been steadily expanding its manufacturing operations in India. Now the results are clearly visible. According to a recent report, the number of iPhone devices manufactured in India has increased by about 53 percent in the past year. This means that one out of every four iPhones sold worldwide … Read more
Bank of Baroda has introduced a new premium savings account specially designed for women. Called the bob Women Sapphire Savings Account, the new offering combines banking benefits with health, wellness, and lifestyle privileges. The account aims to provide financial convenience while also supporting women’s health and well-being through several additional services. One of the biggest … Read more
The Reserve Bank of India has introduced new guidelines that make it tougher for banks to distribute dividends to shareholders. Under the updated rules, banks will now be allowed to pay out a maximum of 75% of their net profit as dividends. The move aims to ensure that banks maintain strong financial health and adequate … Read more