The Reserve Bank of India (RBI) slashed the repo rate by a quarter point to 5.25% on Friday, at a time when the economy is growing strongly and inflation remains exceptionally low. SBI, in its latest report hailed the decision hailed as “exceptional” and said that the central bank had played its role in ensuring…
With schools and several government offices in Delhi and Uttar Pradesh observing a holiday today to mark the 350th martyrdom anniversary of Guru Tegh Bahadur, many people are unsure whether banks are also shut.The confusion stems from the fact that November 25 has been declared a public holiday for government institutions in both states. Are…
Will banks remain open today or closed today?Many banking customers are unsure about operations today because 15 November falls on a Saturday, which is commonly assumed to be a bank holiday. The confusion left a large number of people wondering if they should complete their banking work over the weekend or postpone it to a…