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News
bank
Bank News
bank
28 May 2024
Bank Holidays In June 2024: Bank To Remain Close For Atleast 12 Days In June
The online banking services will remain operational, allowing customers to conduct transactions through bank websites, mobile apps, or ATMs for urgent requirements despite the closures.
Supreme Court
09 May 2024
EXPLAINED: Big Blow To Bank Employees! SC Says Interest-Free Loans Taxable
SC ruling said, benefit enjoyed by bank employees from interest-free loans or loans at a concessional rate is a unique benefit/advantage enjoyed by them and hence is liable to taxation.
Bank of India
06 Feb 2023
Bank of India Employee Thrashed by Customers Over Loan Issue-- Watch
Manish Dhangar, serving as an officer with the Bank of India's Nadiad-Kapadwanj branch, handling the loan desk was thrashed by the customer, CCTV recordings available at the bank showed.
bank
09 Sep 2022
These 7 bank services are not available for free, their money is collected
Everyone uses banking service. These facilities are available both online and offline. For all the services, the bank definitely takes some charge from its customers.
money (quotation subject)
29 Aug 2022
ICICI Bank launches new credit card, will get free insurance of 2 lakhs and these benefits
ICICI RuPay Credit Cards: Sudipta Roy, the credit card head of ICICI Bank while launching this card said that we have always given priority to the convenience of the customers.
Bank holidays
27 May 2022
Bank holidays in June: Banks to remain shut for 8 days in coming month
Customers should note that the branches will not remain closed on all eight days in all states of the country. Customers can use online banking facilities on bank holidays.
Bank holidays
13 Apr 2022
Bank Holidays in April: Banks to remain closed for 4 days from tomorrow
The RBI notifies banking holidays. Banks will remain closed between April 14 and April 16 on various occasions depending on the city. Bank will be shut on April 17 because of Sunday off.
bank holidays 2022
25 Mar 2022
Banks to remain shut for next 4 days as trade unions call for strike
The strike is also called to oppose the Central government’s move to privatise public sector banks. Earlier this week, trade unions that are staging the upcoming protests had met on March 22 in Delhi. Banks will remain close for a total of 4 days starting from Saturday, March 25.
State Bank of India
20 Nov 2021
SBI resolves complaint of customer who was denied entry for wearing shorts
The customer who took to the microblogging platform to display his resent against SBI. SBI’s customer care soon responded to Ashish’s concerns. He posted an update on Saturday, November 20.
Bank holidays
19 Sep 2021
Bank Holidays September 2021: Banks to remain shut for 3 consecutive days
On September 19, banks will remain shut on the occasion of Sunday. Banks will remain shut on September 20 on account of the local festival Indrajatra in Gangtok. On September 21, Tuesday, banks will remain closed in Kochi and Thiruvananthapuram in Kerala on the occasion of Narayana Guru Samadhi Day.
family pension
26 Aug 2021
Big news for bank employees! Family pension hiked upto Rs 35,000
Good news for Bank Employees. Family Pension to be increased to 30% of last pay drawn. NPS Corpus to be enhanced to 14%.
Dearness Allowance
12 Aug 2021
Dearness allowance of bank employed increased by 2.1%
Bank employees will receive the increased salaries in their bank accounts for three months of August, September and October 2021. More than eight lakh bankers are expected to enjoy the benefits of the increased salary for the three months. Bank employees who were retired on or after November 1, 2017, will also receive increased dearness relief of 27.79%.
Bank holidays
17 Jul 2021
Bank Holidays July 2021: Banks to remain shut for 5 days straight from July 17
In Dehradun, bank employees enjoyed an off on July 16 on the occasion of Harela Puja. Banks are closed again for U Tirot Singh Day and Kharchi Puja in Agartala and Shillong on July 17. On July 19, bank employees in Gangtok will get an off on the occasion of Thungkar Tshechu festival of Guru Rimpochhe.
RBI
01 Jul 2021
Bank Holidays July 2021: Banks to remain shut for 15 days, complete list here
There are certain festive holidays on which banks across the country will remain shut in July. Banks in India will remain closed on the occasion of Eid-al-Adha or Bakrid. The RBI’s holiday calendar pointed out that certain bank holidays will be restricted to local or regional branches.
United Co-operative Bank Ltd
13 May 2021
RBI cancels license of THIS bank, here’s what will happen to depositors
The bank doesn’t have adequate capital and earning prospects, RBI said. The bank would not be able to pay its depositors the full amount. The bank is now prohibited from conducting the business of ‘banking’.
bank
08 May 2021
Bank holidays May 2021: Banks to remain closed for 8 days ahead, check dates
Banks were to remain closed for a total of 12 days. Bank holidays vary in various states because banks don’t observe all occasions in all states. Holidays granted to bank employees under the Reserve Bank of India’s calendar are placed under three brackets.
PF
05 May 2021
Provident Fund: Here’s how you can change your PF bank account
Many Provident Fund (PF) subscribers are withdrawing their investments in these tough times. However, many are facing troubles in withdrawing PF investment due to old bank account details. You first need to visit the office EPFO portal for changing bank account.
bank
25 Apr 2021
Bank hours reduced in Tamil Nadu due to COVID-19
The new timings will be applicable from Monday, April 26 to April 30. Wherever possible cluster-based functioning of branches in consultation with the local administration shall be adopted. Banking staff that do not have direct contact with the public will be working as normal.
Axis Bank
23 Apr 2021
Bank alert! This bank has hiked minimum balance and SMS charges
Axis Bank will charge 25 paise for every SMS alert. The rule will be effective from July 1. The minimum charges that the bank can charge as a fine have been decreased to Rs 50.
bank
16 Apr 2021
Covid-19 scare! Will banks reduce working hours?
Bank unions are now showing their concerns towards bank employees. Bank unions are requesting safety measures for workers. UFBU also requested to allow bank employees to work from home.
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