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Business News/Industry/ Banking

Banking News

Bank Holiday on April 17

Bank holiday on Ram Navami 2024: Are banks closed on April 17?

1 min read . 16 Apr 2024

The rapid growth of third-party operators in the offline payments sector has highlighted the need for regulatory measures (istock)

RBI may issue license framework for point-of-sale players soon, says report

2 min read . 15 Apr 2024

Bank Holidays in April 2024: Banks will remain closed on April 13 and 14 for second Saturday and Sunday weekend off (Mint )

Are banks closed today on April 13 for weekend? Check details here

2 min read . 13 Apr 2024

The MPC of RBI raised the repo rate by 250 basis points between May 2022 and February 2023. It has since kept the key policy rate unchanged. (Photo: Mint)

Last-mile transmission a big hurdle to policy rate cut

3 min read . 13 Apr 2024

Electoral Bond data: The SBI says the information is personal and is held in a fiduciary capacity. (HT_PRINT)

‘Denied info on...’: RTI activist as SBI refuses to reveal Electoral Bond data

2 min read . 11 Apr 2024

The ADB had in December last year projected the Indian economy to expand 6.7 per cent in the 2024-25 fiscal.

ADB raises India's GDP growth forecast for FY25 to 7% on robust investment

1 min read . 11 Apr 2024

Eid-al-Fitr 2024: banks will remain closed in states that are celebrating Eid on April 11

Are banks open today April 11 on occasion of Eid-al-Fitr? Check full state list

1 min read . 11 Apr 2024

The pace of growth of bank credit surpassed deposit growth in FY24, as per data from the RBI. (Image: Pixabay)

Mint Explainer: Behind the worst bank deposit crunch in nearly 20 years

3 min read . 09 Apr 2024

A Royal Bank of Canada (RBC) fired its CFO Nadine Ahn (REUTERS)

Who is Nadine Ahn and why did the Royal Bank of Canada fire her as CFO?

1 min read . 09 Apr 2024

Are Banks closed on April 9? Check Details

Are banks shut in India on April 9 for Gudi Padwa, Ugadi, Navratri celebrations?

1 min read . 09 Apr 2024

Prem Watsa-backed CSB Bank, Kotak Mahindra Bank and Emirates NBD are among those who have submitted initial bids for the government's majority stake in IDBI Bank. (REUTERS)

Are IDBI Bank's potential suitors good enough? RBI is checking

2 min read . 08 Apr 2024

Banks hiked deposit rates last fiscal year to draw in retail deposits. (Hemant Mishra/Mint)

Indian banks are battling the worst deposit crunch in 20 years

3 min read . 08 Apr 2024

Bandhan bank's founder and managing director and CEO Chandra Shekhar Ghosh. (Photo: Mint)

Bandhan Bank's Ghosh not to be part of the board post-retirement

2 min read . 08 Apr 2024

Bank Holidays in April 2024: Banks will remain closed for five days next week on April 9, 10, 11, 13, and 14 (Mint)

Bank Holidays in April: Banks to remain closed for 5 days this week. See details

2 min read . 08 Apr 2024

India Exim Bank's corporate book saw strong growth in FY23. REUTERS/Mukesh Gupta/File photo/File Photo (REUTERS)

India Exim Bank sees FY24 loan growth at 12-15%

1 min read . 12 May 2023

The RBI is among 13 international regulators taking part in first ever Greenwashing TechSprint organised by Global Financial Innovation Network (Photo: Mint)

RBI invites firms to participate in Greenwashing TechSprint

1 min read . 11 May 2023

Borrowers must exercise caution while availing personal loans, keeping in mind their repayment capacity and avoiding the pitfalls of debt traps. (Photo: iStock)

Banks disbursed home loans worth ₹9 trillion in 2022: Report

1 min read . 11 May 2023

Citi Pay Credit will allow merchants to offer promotional financing to their customers, and the card’s independent line of credit should help users make large or unexpected purchases, Citigroup said (Photo: Bloomberg)

Citigroup plans new credit card for use with multiple retailers

1 min read . 10 May 2023

Photo: Mint (Photo: Mint)

Bank deposit rates: How the tide turned, in charts

1 min read . 09 May 2023

The banks also said they are restricting credit for most consumer loans, including auto and credit card lending and home equity lines of credit (AFP)

Banks report tougher credit standards in wake of failures

1 min read . 09 May 2023

Banking Stocks

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Punjab National Bank

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