Banking Sector News

Industry

Bank Holiday on June 8: Are banks closed today for second Saturday? Check details here

Bank Holidays in June: Indian banks will have at least 12 days off this June 2024 due to regional holidays, religious festivals, and weekend leaves.

1 min read8 Jun 2024
Industry

Bank Holiday on June 1: Are banks closed today? Only in some states… Check details here

Bank Holiday Today on June 1: Banks will be closed in some states and UTs for the 2024 Lok Sabha Elections. These states are Bihar, Chandigarh, Himachal Pradesh, Jharkhand, Odisha, Punjab, Uttar Pradesh and West Bengal.

2 min read1 Jun 2024
Industry

Bank Holidays in June 2024: Banks will remain closed on THESE 12 days. Check all details here

List of Bank Holidays in June 2024: All public and private banks in India, including the State Bank of India, will be closed for at least 12 days in June 2024 for religious festivals, regional holidays and weekends.

2 min read26 May 2024
Industry

Bank Holidays this week: All banks will remain closed four days in a row from today. Check details here

Bank Holidays in May 2024: Online banking services will continue as usual during the non-working days and you can use banks’ websites, mobile apps or ATMs to conduct urgent transactions.

2 min read23 May 2024
Industry

Banking sector net profit crosses ₹3 lakh crore in FY24; HDFC Bank, Axis, Bank of Baroda among top picks

Total net profit of listed public sector as well as private sector banks in FY24 jumped 39% year-on-year (YoY) to cross ₹3 lakh crore for the first time. While the 26 private lenders posted a net profit of ₹1.78 lakh crore, the 12 PSU banks reported a net profit of ₹1.41 lakh crore in FY24.

3 min read21 May 2024
Markets

Pressure on banking stocks transitory, experts say; SBI, ICICI Bank, Axis Bank among top picks for long term

Banking stocks in India have been hit hard in recent selloffs, but many experts believe this pressure is temporary and see attractive investment prospects in the medium to long term.

4 min read15 May 2024
Industry

Bank Holidays in May 2024: Banks will remain closed on THESE 10 days. Check all details here

List of Bank Holidays in April 2024: All banks, including the State Bank of India, will be closed for a total of around 10 days in May 2024 for religious festivals and weekend holidays.

2 min read28 Apr 2024
Industry

Bank Holiday Today: Are banks closed today on April 23 for Hanuman Jayanti? Check details here

Bank holiday today April 23, 2024: There are a total of 12 days of bank closures in April 2024. The month has seen a lot of back-to-back non-working days for all banks in India due to religious festivals and the weekend holidays.

2 min read23 Apr 2024
Industry

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

Bank holiday today April 24: There are a total of 12 days of bank closures in April 2024. The month has seen a lot of back-to-back non-working days for all banks in India due to religious festivals and the weekend holidays.

2 min read13 Apr 2024
Industry

Bank Holidays in April 2024: Banks will be closed for 5 days this week. Check all details here

Bank Holidays in April 2024: There are a total of 12 days of bank closures in April 2024. This week will see five non-working days for all banks in India due to religious festivals and the weekend holidays.

2 min read8 Apr 2024
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Budget

The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared

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