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Banking services News

Reserve Bank of India

21 Mar 2024

In A Rare Instance, RBI Directs Banks To Work On Sunday-March 31

The RBI also asked agency banks to keep all their branches dealing with government business open on March 31 and give due publicity about the availability of the above banking services on this day.

23 Apr 2021

IBA asks banks to reduce working hours: THESE 4 services will continue

The working hours of banks will be shortened and that will eventually affect the operations of the banks. IBA has asked banks to cut short the working hours from 10 am to 2 pm and reduce the staff attendance to 50% in these tough times. However, it has been clarified that banks will continue with their services like accepting deposits, cash withdrawals, remittance, and government businesses.

banking services

25 Nov 2020

Banking services likely to be hit as trade unions call strike on Nov 26

Banking services are likely to be affected as trade unions call will go on a nationwide strike on Nov 26 Around 25 crore workers affiliated with various Central trade unions are likely to participate in the national shutdown. BJP-aligned Bharatiya Mazdoor Sangh (BMS) will not participate in the strike.

15 Apr 2020

Banking, insurance operations to continue during extended lockdown: Govt

As per the revised guidelines, IT vendors for banking operations, banking correspondents, ATM operations and cash management agencies will also be functional.

31 Jan 2020

Bank strike: 10 lakh bankers to boycott work on January 31 and February 1

The United Forum of Bank Unions (UFBU) has called a two-day nationwide bank strike from Friday (January 31) demanding early wage revision settlement, due since November 1, 2017.

07 Jan 2020

Bharat Bandh: Mamata government asks its employees to report for duty on Jan 8

The Bharat Bandh 2020 is being organised to protest against the Central government's recent banking reforms and policies.

Bengaluru bandh

08 Jan 2019

Bharat Bandh: Buses, autos to stay off roads in Bengaluru, key services to be

KSRTC and BMTC buses and private autorickshaws will not ply on Tuesday.

banking services

21 Dec 2018

Banking, ATM services hit as officers go on nationwide strike

Private sector banks were not participating in the strike, hence their services were not affected.

banking services

07 Dec 2017

What type of bank account is good for your money? Details here

It is always better to have a knowledge about which bank account we are using.

India Post Payments Bank

14 Sep 2017

All 1.55 lakh post offices to offer payments bank service

Payments banks can accept deposits of up to Rs 1 lakh per account from individuals and small businesses.

Online recruitment

13 Jul 2017

Online recruitment activities register 11% increase in June: Report

Online recruitment activities in the month of June registered 11 per cent year-on-year growth, led by banking, financial services and insurance (BFSI) sector, according to a report.

bank account number portability

31 May 2017

Bank a/c number portability: You could soon be able to change your bank without changing account number

RBI deputy governor S S Mundra said once account number portability becomes a reality, banks will see silent customer moving away from them without even talking to them.

05 Dec 2016

Banking services will go digital due to Demonetisation push, says SBI

Crediting demonetisation for the biggest push towards digital banking, SBI on Monday said it envisions the entire range of banking services going digital over the next few years.

04 Jul 2016

RBI may soon allow interoperability of Post payment bank ATMs

India Post, the world's largest mail delivery network, is carving out a separate vertical to manage banking services, a move that will help it win RBI nod for interoperability of its ATMs with those of PSU banks.

25 Jan 2016

HDFC Bank Q3 net profit up 20%, says has no exposure to top defaulters

HDFC Bank Monday reported a 20.1 percent rise in the October-December quarter net profit at Rs 3,358.8 crore on higher core interest income as the second largest private lender said it is untouched by the regulator's special review on big-ticket bad assets.

08 Jan 2016

Know the reason behind banking strike today

A section of public sector banks' employees went on a strike across the country to protest violation of bilateral settlement agreement by associate banks of SBI.

08 Jan 2016

Bank employees go on nationwide strike, operations hit partially

Banking operations were hit partially on Friday as a section of public sector banks' employees went on a strike across the country.

08 Jan 2016

Bank employees go on nationwide strike; banking services likely to be hit

All India Bank Employees' Association (AIBEA) has called for a one-day nation-wide strike on Friday (January 8) to protest against the "unfair" policies adopted by SBI with respect to its five associate banks.

19 Nov 2015

One-day stir at RBI hits key banking services

Major banking transactions took a hit Thursday as over 17,000 employees of RBI went on 'one-day mass casual leave' protesting against reform measures of the central government and seeking better retirement benefits.

15 Oct 2015

Rs 2,000-crore fund to push financial inclusion: RBI

RBI on Thursday announced merger of two funds to create a new Financial Inclusion Fund with a corpus of Rs 2,000 crore to support 'developmental and promotional activities' for expanding reach of banking services.

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