Urban Banks
Bank holidays in August 2025: Banks closed for 15 days, check complete list
In August 2025, national and regional holidays will cause banks throughout India to close for up to 15 days. Customers should schedule banking services in advance accordingly
 "Bank holidays in August 2025: Banks closed for 15 days, check complete list")
The great disconnect: More bank branches, and same old ATM count
ATM growth remains flat despite rising branch expansion as digital payment preferences and high ATM maintenance costs reshape banking strategy
 "The great disconnect: More bank branches, and same old ATM count")
Bank holidays in December 2024: List of 17 days when banks will be closed
In December 2024, all Indian banks (public and private) will be closed for a minimum of 17 days, including Sundays, the second and fourth Saturdays, and other regional and national holidays
 "Bank holidays in December 2024: List of 17 days when banks will be closed")
Global banks' tech revival sparks hope for $254 bn Indian IT sector
The revival in demand for tech services from big banks such as JPMorgan Chase and Bank of America as mentioned during their recent earnings calls could also have a ripple effect
 "Global banks' tech revival sparks hope for $254 bn Indian IT sector")
Bank Holidays 2024: Banks to observe four consecutive holidays this week
Banks in various states might close for four-day this week, because of Buddha Purnima, Nazrul Jayanti/2024 General Elections and the Saturday-Sunday weekend holidays, as per the Reserve Bank of India
 "Bank Holidays 2024: Banks to observe four consecutive holidays this week")
RBI revokes the banking licence of UP-based Urban Co-operative Bank
According to data submitted by the bank, 98.32 per cent of depositors are expected to receive the full amount of their deposits from DICGC
 "RBI revokes the banking licence of UP-based Urban Co-operative Bank")
Banks likely to lose Rs 11,790 cr in Q1 on bond rally, says report
Banks are unlikely to take a big hit on profitability this quarter due to rising bond yields, which may eat up 5.3 per cent (Rs 11,790 crore) of their net income in the worst-case scenario
 "Banks likely to lose Rs 11,790 cr in Q1 on bond rally, says report")
RBI hikes capital adequacy ratio for urban cooperative banks to 12%
Rule applies to banks with deposits above Rs 100 crore; glide path till March 2026, to meet revised CAR norm in phases for UCBs that do not meet it currently
 "RBI hikes capital adequacy ratio for urban cooperative banks to 12%")
Will speak to banks to facilitate cash flow amid lockdown: FM Sitharaman
The Finance Minister appreciated the service banks correspondents across the country and said that she will talk to states and request for no restrictions in their movements
 "Will speak to banks to facilitate cash flow amid lockdown: FM Sitharaman")
