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Banks Closed for 12 Days in July 2026

June 27, 2026 by Takendra Verma
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As June comes to an end, it’s time for bank customers to check the holiday calendar for July 2026. Banks across different states will remain closed on several days due to weekends and regional festivals, according to the Reserve Bank of India (RBI). If you have important branch-related work, planning ahead can help you avoid … Read more

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RBI Brings Big Relief for Credit Card Users

June 25, 2026 by Takendra Verma
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Digital payments and credit card transactions have become a part of daily life. But at the same time, online fraud cases are also increasing. To protect bank customers, the Reserve Bank of India (RBI) has introduced new rules that will make it easier for victims of credit card fraud to get relief. Bank Must Give … Read more

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RBI Simplifies TReDS Registration Process

June 24, 2026 by Takendra Verma
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Small businesses in India may soon find it easier to access working capital. The Reserve Bank of India (RBI) has announced new measures to simplify the rules for businesses using the Trade Receivables Discounting System (TReDS) platform. The move is aimed at helping Micro, Small and Medium Enterprises (MSMEs) get quicker access to funds and … Read more

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Banks May Stay Closed for 3 Days in Some States

June 22, 2026 by Takendra Verma
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If you need to deposit money, clear a cheque, get a demand draft, or complete any important banking work, it is a good idea to plan ahead. Banks in some states may remain closed for three consecutive days this weekend due to Muharram, the fourth Saturday, and Sunday. Banks Open Until June 25 Public and … Read more

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Banks will be Shut for Four Consecutive Days this June

June 22, 2026 by Takendra Verma
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If you have any important bank-related work pending, it’s a good idea to finish it as soon as possible. In the last week of June 2026, banks in many parts of the country will remain closed for four consecutive days due to Muharram and the regular weekend holidays. According to the Reserve Bank of India’s … Read more

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RBI issues Final Guidelines for Kisan Credit Card

June 20, 2026 by Takendra Verma
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The Reserve Bank of India (RBI) has issued the final guidelines for the Kisan Credit Card (KCC) scheme. The new rules include several suggestions received from banks and stakeholders during the consultation process. In a major relief for farmers and banks, the RBI has postponed the implementation of the revised framework. The new KCC guidelines … Read more

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Major Banks Raise FCNR Deposit Rates for NRI Customers

June 20, 2026 by Takendra Verma
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There is good news for Non-Resident Indians (NRIs) looking to invest their overseas earnings in India. Several banks have increased interest rates on FCNR(B) deposits after the Reserve Bank of India (RBI) announced measures to encourage foreign currency inflows. As a result, some banks are now offering interest rates of up to 7.1% on US … Read more

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Low Credit Score holders may Face Challenges under New RBI Rules

June 19, 2026 by Takendra Verma
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If you are planning to take a home loan, car loan, or personal loan in the coming years, your CIBIL score could play a bigger role than ever before. The Reserve Bank of India (RBI) is set to introduce a new Expected Credit Loss (ECL) framework from April 1, 2027. Experts believe that this change … Read more

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Big Relief for NRIs as RBI eases Deposit Rules

June 18, 2026 by Takendra Verma
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The Reserve Bank of India (RBI) has announced a major change that could benefit Non-Resident Indians (NRIs) looking to park their money in Indian banks. In a move aimed at attracting more foreign funds into the country, the RBI has temporarily removed interest rate limits on certain NRE and FCNR(B) deposits. This means banks now … Read more

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RBI Tightens Rules on Bank Agents and Sales Calls

June 17, 2026 by Takendra Verma
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The Reserve Bank of India (RBI) has introduced new rules to protect bank customers from misleading sales practices and unwanted product promotions. Under the latest guidelines, banks have been clearly warned not to mislead customers or force financial products on them. RBI has also said that strict action will be taken against any bank that … Read more

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New RBI Rules to Stop Arbitrary Charges by Banks

June 17, 2026 by Takendra Verma
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The Reserve Bank of India (RBI) has taken a major step to protect bank customers from misleading sales practices. The central bank has made it clear that banks cannot force products or schemes on customers or provide misleading information to increase sales. If any bank is found violating these rules, it could face strict action … Read more

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