A video of a confrontation between a bank manager and a customer at the Union Bank in Ahmedabad has gone viral. The consumer, Jaiman Rawal, was allegedly upset with the higher tax deduction for a fixed deposit. The debate between the consumer and the bank manager evolved into an actual physical fight. In a viral … Read more
Banks in India are closed for regional holidays, which vary according to state and national holidays celebrated throughout the country. India’s national holidays include Republic Day on January 26, Independence Day on August 15, and Gandhi Jayanti on October 2. Those planning to visit bank branches should check to see if specific days are holidays. … Read more
As per the Reserve Bank of India (RBI), second and fourth Saturdays of a month are bank holidays. Bank holidays are fixed by the state governments and the Reserve Bank of India (RBI). However, if you are uncertain whether this coming Saturday (March 23) is a bank holiday, we have got you covered. Is it … Read more
In a strategic move aimed at optimizing operations, JPMorgan Chase has announced plans to close 21 branches of First Republic Bank by the end of this year. This consolidation effort will impact approximately a quarter of First Republic’s branch network, encompassing 84 locations spanning across eight states in the United States. The decision comes as … Read more
In a significant step towards resolving the issue of unclaimed deposits, the Reserve Bank of India (RBI) unveiled its ambitious ‘100 Days 100 Pays’ campaign on Thursday. The initiative aims to expedite the tracing and settlement of the top 100 unclaimed deposits from every bank in every district within a span of 100 days. This … Read more