The following are the bank holidays for Sikkim in 2026, declared under the explanation of Section 25 of the Negotiable Instruments Act, 1881. Date Day Occasion 01.01.2026 Thursday New Year Day 14.01.2026 Wednesday Maghe Sankranti/Makara Sankranti 26.01.2026 Monday Republic Day 18.02.2026 Wednesday Losar 04.03.2026 Wednesday Holi 20.03.2026 Friday Eid Al Fitr / Ramjan-Eid 27.03.2026 Friday Ram…
The Government of Uttar Pradesh on November 17, 2025, issued the list of public holidays throughout Uttar Pradesh. The table below presents the complete list of public holidays notified by the Uttar Pradesh Government applicable to banks. Date Day Occasion/Festival Date 03.01.2026 Saturday MD.HAZARAT ALI’S BIRTHDAY 26.01.2026 Monday REPUBLIC DAY 26.02.2026 Sunday MAHA SHIVRATRI 02.03.2026…
The Union Cabinet has approved the Credit Guarantee Scheme for Exporters (CGSE), authorising the National Credit Guarantee Trustee Company Limited (NCGTC) to extend 100% credit guarantee coverage to Member Lending Institutions (MLIs) for additional credit facilities of up to ₹20,000 crore to eligible exporters, including those in the MSME segment. The scheme is expected to…
The Cash Reserve Ratio (CRR) is a core liquidity tool of the Reserve Bank of India (RBI) that directly alters banks’ lendable resources, influences interest rates and credit growth, and transmits into inflation and output dynamics in the wider economy. Higher CRR tightens liquidity and credit conditions, while lower CRR releases primary liquidity, supporting credit…
The Reserve Bank of India (RBI) recently released its ‘Statement on Developmental and Regulatory Policies’, outlining reforms across banking regulation, foreign exchange, consumer protection, and financial markets. These measures reflect RBI’s twin priorities: strengthening financial stability and making regulations more business- and consumer-friendly. What’s New in Banking Regulation? * Expected Credit Loss (ECL): RBI plans…
The Reserve Bank of India (RBI) has taken another step towards making cheque processing faster and more efficient. In its circular dated September 26, 2025, RBI announced that **Phase I of “Continuous Clearing and Settlement on Realisation in Cheque Truncation System (CTS)”** will go live from October 4, 2025. To facilitate a smooth transition to…
In today’s digital-first world, technology risk has become a critical concern for every organization. The growing dependence on information systems, connectivity, and data-driven decision-making brings immense opportunities—but also exposes enterprises to cyber threats, data breaches, and systemic vulnerabilities. Information security (InfoSec) forms the backbone of managing technology risk and ensuring resilience against the ever-changing threat…
When businesses look to scale, they often face a dilemma: traditional bank loans may not be enough, yet raising fresh equity means giving up valuable ownership. This is where mezzanine financing comes in — a flexible, hybrid solution that blends debt and equity. It is widely used in acquisitions, expansions, and corporate restructuring to…
Valuing firms with negative or low earnings poses unique challenges, as traditional profit-based metrics like P/E ratios do not apply. Professionals adapt using alternative approaches tailored to the firm’s circumstances: Key Methods for Valuing Firms with Negative Earnings Special Issues to Address In summary, valuing firms with negative or very low earnings requires a blend…
The Reserve Bank of India (RBI) on Friday permitted banks to open additional current account for exports proceeds in addition to special rupee vostro accounts with a view to provide greater operational flexibility to exporters.In terms of this provision and in order to provide greater operational flexibility to the exporters, AD Category-I banks maintaining Special…