banks

New Delhi: The finance ministry said on Monday that ₹ 2,000 notes have not been printed in the last two years. The response came following a question in the Parliament on why currency notes introduced post-demonetisation in 2016 were hardly…

New Delhi: After a year of gloom and downward trend, the interest rate on bank fixed deposits may go up from April as the Reserve Bank of India (RBI) announced the restoration of the Cash Reserve Ratio (CRR) of banks. In its first monetary…

New Delhi: The Union Cabinet on Wednesday approved merger of Lakshmi Vilas Bank (LVB) with DBS Bank India Limited (DBIL). The Cabinet meeting was chaired by Prime Minister Narendra Modi. The Reserve Bank of India had on 17 November…

New Delhi: The Central Board of Direct Taxes (CBDT) has asked banks to return the money they had charged customers by way of UPI payments or online transactions. "... Based on Section 10A of the Payment and Settlement Systems Act 2007, any…

New Delhi: The Supreme Court (SC) on Thursday took exception to banks levying interest on loans after the Reserve Bank of India (RBI) announced a moratorium on loan repayments between March and August 31 to ease people’s hardships caused by…

Bhubaneswar: All public sector and private banks will remain closed for eight consecutive days from March 8 to March 15. While March 8 and 15 are Sundays, banks will remain closed on March 9 and 10 on account of Holi celebrations as it is…

After schools and government offices, the Odisha government has declared December 26 (Thursday) as a holiday for bank employees on account of solar eclipse. The Revenue and Disaster Management Department issued the notification on Tuesday…

Bhubaneswar: The Odisha government on Saturday urged banks to open more branches in remote and Maoist-hit areas. Talking to the media at the 157th meeting of the State Level Bankers Committee (SLBC) here, Finance Minister Niranjan Pujari…

Bhubaneswar: Four days after issuing a directive to departments and public sector units (PSUs) to be “very careful” while keeping deposits in “any bank”, the Odisha government did a volte face with a clarification that it does not have any…

Bhubaneswar: There are difficult and trying times ahead for Public Sector Units (PSUs) in Odisha. According to a new directive issued by the Principal Secretary to Odisha Government, AKK Meena, the officials working in PSUs will be held…