Public sector banks cannot issue look out circular to defaulters, says Bombay HC
The court held that the empowerment of bank managers of public sector banks to issue LOC was ‘arbitrary’
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.
Saturday bank holiday: Are banks closed today, April 20? Check details here
Banks in India, including SBI are open today on April 13. Tripura branches are closed for Garia Puja
When food inflation became main course on MPC menu
Members of RBI's monetary policy committee believe it is too early to take their eyes off inflation, especially given the volatility in food inflation
RBI approves appointment of Ajith Kumar K.K. as new Dhanlaxmi Bank MD & CEO; Company shares down 2%
In a letter dated April 18, 2024, the RBI conveyed its approval for Ajith Kumar K.K. to take charge as the MD & CEO of Dhanlaxmi Bank for a tenure of three years. Kumar will be replacing JK Shivan as Managing Director and CEO.
