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Are banks closed today on Saturday, September 7, 2024, for Ganesh Chaturthi?

Bank holiday for Ganesh Chaturthi: Banks in many states are closed for Ganesh Chaturthi. See if your state is included.

All banks in India are closed on the second and fourth Saturday as well as during national and regional holidays (HT File)
Published on Sep 07, 2024 08:29 AM IST

EPS pensioners to get pension from any bank or branch from January 1, 2025

The proposed Centralized Pension Payment System (CPPS) has been approved, allowing a national centralized system of pension payouts through any bank or branch

The EPFO also anticipates that switching to this new system will result in large cost savings in terms of pension payouts. (Representational Image/Pixabay)
Published on Sep 06, 2024 09:16 AM IST

Are banks open today on Saturday, August 31? Check details

Will banks in India remain open on August 31, as it is the fifth Saturday of the month?

A security guard wearing a protective mask sits at the entrance of an Indian Bank branch at Connaught Place. (Prashanth Vishwanathan/Bloomberg)
Published on Aug 31, 2024 10:56 AM IST

All bank holidays in September 2024: Banks to be closed for 15 days, see list

September 2024 will see 15 bank holidays in total on occasions like Ganesh Chaturthi, Milad-un-Nabi, and Birthday of Maharaja Hari Singh Ji among others

Bank holidays also varies from state to state since several places in India celebrate their own regional festivals (Pradeep Gaur/Mint/Representational Image)
Updated on Aug 30, 2024 04:46 PM IST

Bank holiday for Janmashtami 2024: Are banks closed on Monday, August 26?

Bank holidays for Janmashtami differ from state to state, as some states have it on Monday while others don't

Maha raas is a crucial part of the Krishna Janmashtami, which will be celebrated on August 26 this year. (Representational Image)
Published on Aug 24, 2024 04:59 PM IST

SBI hikes lending rates by 10 bps across tenors, effective from August 15

SBI's MCLR for a three-year tenor is now 9.10%, compared to 9% earlier, while overnight MCLR is now 8.20%, compared to 8.10 previously.

SBI had raised its MCLR previously by up to 30 basis points in some tenors since June 2024. (HT)
Updated on Aug 16, 2024 10:11 AM IST

Newly proposed nomination rule for bank lockers and deposits, check details

The new Bill has proposed nominations for up to four nominees, compared to just one earlier, for bank deposits and lockers

The Banking Regulation Act currently allows just one nominee for every single or joint deposit holders (Representational Image/Pixabay)
Published on Aug 12, 2024 04:20 PM IST

Banks to focus on increasing deposits as public seeks alternate investments: FM

RBI Governor Shaktikanta Das also said that a 300 to 400 basis points gap between deposits and credit growth is seen, showing deposits as slowing.

Union Finance Minister Nirmala Sitharaman addresses the Central Board of Directors of the Reserve Bank of India in the customary post-Budget meeting, in New Delhi on Saturday. RBI Governor Shaktikanta Das also seen. (Shrikant Singh/ANI)
Published on Aug 10, 2024 07:44 PM IST
PTI |

Banks may soon use your digital footprint to give home loans, here's how

Banks are working on a new framework to give home loans using a person's spending patterns, mirroring the policy for MSME loans as seen in the Union Budget 2024

Banks will consider consumption or spending patterns of individuals while making their credit assessment (iStock/Hindustan Times Archive)
Published on Jul 27, 2024 12:47 PM IST

Budget 2024: The Indian middle class expected more

From 35,000 feet, the Budget 2024 story is this: The government will continue to tax the top 10% of the population heavily

Mumbai, Jul 23 (ANI): People watch the live telecast of Union Budget 2024-25 presentation by Union Finance Minister Nirmala Sitharaman at the Parliament House on a display screen, outside the Bombay Stock Exchange (BSE) in Mumbai on Tuesday. (ANI Photo) (Sandip Mahankal)
Updated on Jul 24, 2024 12:12 PM IST
ByMonika Halan

Assam: PSU bank staffer nabbed for siphoning off money from ex-DIG's inoperative account

Assam: PSU bank staffer nabbed for siphoning off money from ex-DIG's inoperative account

Assam: PSU bank staffer nabbed for siphoning off money from ex-DIG's inoperative account
Updated on Jul 14, 2024 06:56 PM IST
PTI |

4 armed men loot bank branch of 28 lakh in Bihar’s Sheikhpura town

Police said the four men went to the Axis Bank branch at Sri Krishna Chowk in Sheikhpura town, about 50km north of state capital Patna, at about 10:20am

The robbers disconnected the branch’s alarm system right at the beginning of the robbery. (Getty Images/iStockphoto)
Updated on Jul 01, 2024 05:01 PM IST

RBI warns banks of cyberattacks, scheduled commercial banks at highest risk

RBI tells banks to beef up security due to potential cyberattacks, with 69% of cyberattacks on financial institution reported by scheduled commercial banks.

The financial sector reported more than 20,000 cyber attacks in the last 20 years, resulting in losses of $20 billion (Pixabay)
Published on Jun 29, 2024 11:21 AM IST

Bank unions ask finance minister to merge regional rural banks and sponsor banks

Merging regional rural banks with sponsor banks will update employee skills to modern banking practices and address the issues of staff shortages, they said.

There are now 43 RRBs sponsored by 12 scheduled commercial banks, with around 22,000 branches having about 30 crore deposit accounts and 3 crore loan accounts, covering 702 districts (Reuters)
Published on Jun 27, 2024 09:09 PM IST
PTI |

owned Novikombank opens Havana office

CUBA-RUSSIA/BANK:Russian state-owned Novikombank opens Havana office

owned Novikombank opens Havana office
Published on Jun 21, 2024 01:49 AM IST
Reuters |

America's third-largest bank fires employees for faking keyboard activity

The employees were found to have used devices and software known as “mouse movers” or “mouse jigglers,” to imitate activity

Wells Fargo & Co, America’s third-largest bank, continues to reel from a sales scandal that erupted in 2016.(Reuters)
Published on Jun 15, 2024 03:26 PM IST

Bank fires over a dozen employees for faking work

Wells Fargo has fired over a dozen employees for faking work through simulated keyboard activity

Wells Fargo has fired over a dozen employees for simulating keyboard activity (Representational image)
Published on Jun 14, 2024 10:29 AM IST

DA hiked for bank employees as inflation rises, 5-day workweek pending approval

Dearness allowance has been hiked for bank employees as inflation increases for the last quarter of 2023.

Representational(Reuters)
Published on Jun 12, 2024 01:36 PM IST

PSU banks count on new coalition government for more lucrative PLI for employees

Banks hope that the new government will lead to better pay and a five-day banking week.

Representational(Mint)
Published on Jun 09, 2024 07:32 PM IST

This is essential to get income tax refund: Bank account revalidation

Having a validated bank account is essential to receive income tax refunds.

Revalidating bank accounts are now a necessity for getting income tax refunds(Representative Image)
Published on Jun 06, 2024 06:32 PM IST

Bank Re-KYC update: How to update your bank KYC online

Many banks have online facilities for customers to update their KYC

Financial institutions are mandated to adopt KYC so that they are not misused for illicit activities such as money laundering and terror financing.
Published on Jun 06, 2024 04:46 PM IST

4 Special fixed deposit schemes: Which one is best for you?

IDBI Bank, Indian Bank, Punjab & Sind Bank and SBI offers limited FD plans you may be interested in.

Personal finance (Representational)(Getty Images/iStockphoto)
Published on Jun 04, 2024 07:19 PM IST

10 personal finance deadlines to watch out this June

10 personal finance deadlines this June will entail, including a potential market rally after election results are announced.

Personal Finance (Representational)(Getty Images/iStockphoto)
Published on Jun 01, 2024 11:32 AM IST

Ghaziabad: Armed bikers rob petrol-pump manager of 9.5 lakhs

The incident occurred between 12.02pm and 12.10pm when Mayank Rajput was going on his bike to a bank to deposit the petrol pump’s cash collection

Two men riding a bike, both wearing helmets, suddenly intercepted the manager near Sector 2 and allegedly pointed pistols, unlocked his two-wheeler’s storage space and pulled out the cash bag. (Sakib Ali/HT Phot)
Updated on May 28, 2024 07:46 AM IST
By, Ghaziabad

Con man steals 57K cash from woman outside ATM

Bhandup police hunt for man who duped woman of ₹57,000 inside bank by claiming her withdrawal had fake notes, stealing cash under guise of helping her.

HT Image
Updated on May 25, 2024 06:34 AM IST
ByManish K Pathak

Chandigarh: Revealing customer’s account info to 3rd party costs private bank dear

District Consumer Disputes Redressal Commission, Chandigarh, directed the private bank topay ₹30,000 as compensation and litigation costs to a Panchkula resident

Complainant Pardeep Kumar Jain, of Panchkula, filed a complaint against HDFC Bank’s regional corporate office, Chandigarh, through its regional head and its branch in Sector 17. (Getty Images/iStockphoto)
Published on May 12, 2024 06:14 AM IST
By, Chandigarh

Mohali: Banker arrested for stealing 3 crore from customers’ accounts

The accused, Jasvir Singh, 56, a resident of Mullanpur, was booked on Wednesday following a complaint by the bank’s district manager Gurpreet Singh, deployed in Phase 2, Mohali

The accused, according to police, joined the bank as a helper in 2013 and later was appointed as clerk, eventually ascending to the post of assistant branch manager. (Getty Images/iStockphoto)
Updated on May 10, 2024 09:16 AM IST
By, Mohali

Burglars target ‘unmanned’ bank, nabbed within hours in Ludhiana

According to the information, the accused, who have been identified as Rinku, Sonu Kumar, Sahil Kumar and Arun Kumar alias Anda – all residents of Doraha, also tried to break open the cash deposit safe and ATM machine but failed

Probe officials said the accused did a recce at the bank before executing the burglary. (HT File Photo)
Updated on Apr 15, 2024 05:00 AM IST
By, Ludhiana

IRDAI signs off on investor gouging

Early exits from life insurance will continue to haemorrhage savings

Insurance Regulatory and Development Authority of India
Updated on Mar 28, 2024 11:20 PM IST
ByMonika Halan

50 booked for assaulting five bank staff in Sector 83

Investigators said the suspects laid siege around the branch and assaulted the officials when they attempted to open the gates

Fifty people were booked for allegedly assaulting five officials including two women staff of a public sector bank in Gurugram. (Representational Image)
Updated on Mar 21, 2024 05:46 AM IST
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