The banking system across India is expected to be disrupted on January 27, 2026, as nearly 8 lakh bank employees and officers will participate in a one-day nationwide strike. Employees are protesting to demand a five-day work week. This strike will affect public, private, foreign, rural, and cooperative banks. The main reason for the strike … Read more
If you’re planning to visit a bank today, it’s important to pause and check first. On Friday, January 23, banks are closed in several cities due to state-specific holidays. Going to a branch without knowing this could waste your time. The Reserve Bank of India (RBI) releases a yearly holiday list, and January 23 is … Read more
The government is preparing to introduce a powerful new tool to protect people from online fraud and cybercrime. With digital payment scams and so-called “digital arrests” rising rapidly, the Home Ministry is working on a system that can help users stop fraud before their money disappears. Emergency Button to Stop Fraud Instantly The Home Ministry … Read more
Transferring money between bank accounts is about to get much easier. Starting December 16, the Reserve Bank of India (RBI) has allowed banks to offer National Electronic Funds Transfer (NEFT) services round the clock. This means customers can now send money any day, any time, including holidays. Previously, NEFT transfers were only possible between 8:00 … Read more
If you’ve ever applied for a loan or credit card, you’ve probably been asked about your CIBIL score. Until now, changes in your financial behavior—like paying EMIs on time—took up to two weeks to reflect in your score. That wait is about to end. The Reserve Bank of India (RBI) is making credit reporting faster … Read more
The month of January 2026 requires extra caution for banking-related work. Banks in several states and cities will remain closed on different days due to festivals and special occasions. If you are planning to visit a bank branch, it is important to first check whether banks in your city are open. Going to the bank … Read more
The Reserve Bank of India has introduced an important reform to improve how banks and financial companies handle customer complaints. Under the new rule, all banks and NBFCs must appoint an Internal Ombudsman. The goal is to ensure that customer complaints are taken seriously and resolved on time, instead of being ignored or closed without … Read more
Canara Bank has updated its fixed deposit (FD) interest rates, offering the highest returns on select short- and mid-term deposits. The new rates came into effect on January 5, 2026. Senior citizens benefit the most, with some callable FDs offering up to 7% interest, even as overall deposit rates decline following recent Reserve Bank of … Read more
From January 9, 2026, IDFC First Bank has reduced interest rates on savings account deposits for domestic, NRE, and NRO accounts. The change affects small and mid-sized balances the most, with cuts of up to 200 basis points, while rates for very large deposits remain mostly unchanged. New Savings Account Interest Rates Here’s the revised … Read more
Karur Vysya Bank (KVB) has introduced its Capital Gains Account Scheme (CGAS), following approval from the Ministry of Finance, Government of India. The service is now available immediately at all KVB branches, except those in rural areas. What Is the Capital Gains Account Scheme? The Capital Gains Account is designed for individuals and Hindu Undivided … Read more
Reserve Bank of India (RBI) Governor Sanjay Malhotra has raised serious concerns about the growing threat of digital fraud in the country. Speaking at an event in Mumbai on Friday, he urged banks and financial institutions to follow rules in their true spirit, not just as a formality. According to him, digital fraud has now … Read more