New AU Eternity Debit Card launched by Small Bank

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AU Small Finance Bank (AU SFB), the largest small finance bank in India, has launched a new premium banking program called AU Eternity. This program is designed to meet the financial needs of India’s growing affluent class. It has been created in partnership with Mastercard to offer exclusive convenience and customized solutions to high-income individuals. … Read more

RBI allows Small Finance Banks to Offer Credit Lines

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The Reserve Bank of India (RBI) has taken a major step by allowing Small Finance Banks (SFBs) to offer credit lines to their customers. This decision will help provide easy and affordable loans to underprivileged groups, including small businesses, micro-entrepreneurs, and individuals in rural and semi-urban areas. The new system, known as the pre-approved credit … Read more

Bank Holidays List for December 2024

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The Reserve Bank of India (RBI) announces a list of bank holidays each month. For December 2024, there are 17 bank holidays in total. These include weekly holidays, second and fourth Saturdays, and various festivals. The RBI has posted this list on its official website. Weekly Holidays and Major Festival Closures December has five Sundays, … Read more