Banking System Change: Now, the bank recovery system is about to undergo a major overhaul. New guidelines will be implemented from July 1, 2026, directly impacting the working practices of recovery agents. Harassment through arbitrary behavior, threats, abusive language, and repeated calls will no longer be easy. Banks will have to conduct recoveries within the…
Bank holiday on January 15: January brings with it a series of festivals and events, and many are wondering whether January 15 is a bank holiday or not. It is therefore advisable to check the bank holiday calendar if a branch visit is on your to-do list.Missing a holiday can quickly turn a simple bank…
NEW DELHI: Over 9,000 birds across 131 species were spotted along Yamuna floodplains in the capital during the Asian Waterbird Census this weekend.The survey, carried out by a group of nearly 20 birders in collaboration with eBird, an online avian database, flagged several ecological threats to the habitat, including illegal sand mining on the floodplains,…
THIRUVANANTHAPURAM: Kerala University’s Centre for Latin American Studies is paying the price for what could be the costliest ‘typo’ in its financial history — a careless bank clerk swapping ‘ ₹’ with ‘$’ while transferring funds to a Brazilbased journalist as remuneration for four online lectures he delivered in 2023.The difference between the intended fee…
As 2026 gets underway, it’s advisable to check the bank holiday calendar before planning a visit to the branch. Missing a holiday can quickly turn a bank visit into a wasted trip, particularly in the early days of the year when people are getting back to work and managing their finances. Banks in India observe…
Robbers drilled into the vault of a German savings bank and stole cash, gold and jewellery worth an estimated 30 million euros ($35 million), police said on Tuesday.The heist took place in the western city of Gelsenkirchen, where the thieves broke open more than 3,000 safe deposit boxes at a Sparkasse branch before escaping, news…
US President Donald Trump on Monday met Israeli Prime Minister Benjamin Netanyahu at Mar-a-Lago, Florida, over the Gaza peace plan but steered clear of announcing any progress on the next phase of the ceasefire.The two leaders held a private lunch at Trump’s Florida residence, with the US President saying ahead of the meeting that he…
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…