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Business News/Industry/ Banking

Banking News

RBI has been focused on plugging gaps in KYC checks, chastising them through monetary penalties and even imposing business restrictions. (REUTERS)

RBI's loan, KYC crackdowns strike off-roll workers

4 min read . 12:28 AM IST

Bank holiday today: RBI categorises holidays into three types. (Bloomberg)

Bank holiday today: Are banks open on Saturday, November 16?

1 min read . 16 Nov 2024

RBI retains SBI, HDFC, ICICI as India's too-big-to-fail Banks

RBI retains SBI, HDFC, ICICI as India's too-big-to-fail banks

1 min read . 13 Nov 2024

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Bank holidays this week: In India, bank holidays differ in each state, you should thus check with your local bank branch for a confirmed holiday schedule for the month of November 2024. (Mint)

Bank holidays this week and next: Banks shut on November 15 and 17. See details

1 min read . 13 Nov 2024

Samir Subberwal, global head of wealth solutions, deposits and mortgages and chief client officer, Standard Chartered Bank, said the bank will hire more relationship managers and wealth advisors and will “materially scale up” the business in India.

Standard Chartered Bank looks to raise its wealth management game in India

2 min read . 13 Nov 2024

Many on Wall Street hope 2025 will be even better than 2024. Photo: Michael Nagle/Bloomberg

Wall Street welcomes back fatter bonuses

1 min read . 12 Nov 2024

The ministry attributed the improved performance to recent banking reforms. Photo: Pradeep Gaur/Mint

Public sector banks grew 11% in first half of FY25, finance ministry data shows

1 min read . 12 Nov 2024

Microfinance seems to be entering yet another phase of stress, this time primarily because of overleveraging and inflation. (REUTERS)

Microfinance in doldrums. Will this company outperform, again?

6 min read . 11 Nov 2024

$To be sure, at ₹1.5 trillion, the outstanding base of gold loans is a fraction of personal loans which stood at ₹14.3 trillion as on 30 September. (REUTERS)$ Premium

Gold loans glitter on personal loan crackdown, soaring prices

4 min read . 11 Nov 2024

The SBI stock was down 1.9 % in Friday trade to ₹843. (REUTERS)

SBI delivers strong results. Is it still lagging competition?

4 min read . 09 Nov 2024

Public Banks record higher profit growth as private banks focus on CASA Ratios, advances: SBI Report

Public sector banks outperform private banks by net profits in Q2

2 min read . 07 Nov 2024

Chhath Puja bank holidays: This is a long weekend for some states in India from November 7-10. (AFP Photo / Indranil Mukherjee)

Chhath Puja bank holidays: Long weekend for some from Nov 7-10. Check details

2 min read . 06 Nov 2024

PSBs have been offering higher term interest rates than private banks for the past couple of years.

State-owned banks go the extra mile to lure depositors

4 min read . 06 Nov 2024

A sizeable portion of bank credit flow to the NBFCs is towards on-lending to the retail segments. (Image: Pixabay)

NBFCs brace for slower growth as asset stress, fund costs pinch

4 min read . 04 Nov 2024

In Q2, HDFC Bank’s NIM slipped to 3.46%.

Earnings review: Three takeaways from banks’ Q2 results

3 min read . 04 Nov 2024

Bank holidays next week: Will banks be closed for Chhath Puja? In India, bank holidays vary across states, so you should check with your local branch for a holiday list or schedule. (Mint)

Bank holidays next week: Chhath Puja, second Saturday, long weekend & more

3 min read . 03 Nov 2024

Saturday bank holiday: Banks nationwide were closed several days this week for Diwali celebrations. (Bloomberg)

Bank holiday today: Are banks open or closed on Saturday, November 2?

2 min read . 02 Nov 2024

Banks will be closed on November 1 in a few states

Bank holiday today: Are Indian banks closed on November 1? Check here

1 min read . 01 Nov 2024

Bank Holidays in November 2024: RBI categorises holidays into three types. (Mint)

November 2024 Bank holidays: Banks to remain closed on these days

1 min read . 03 Nov 2024

Picture for representation. Diwali 2024 bank holiday: According to the Hindu calendar, Diwali, or Deepawali, will be celebrated on October 31

Bank holiday on Diwali: Are banks open or closed in your state on October 31?

1 min read . 01 Nov 2024

Banking Stocks

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Punjab National Bank

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