RBI releases 45 early warning signals about wrongdoings/frauds in loan accounts
The Reserve Bank of India made available an illustrative list of Early Warning Signals (EWS) which should alert bank officials about wrongdoings and frauds in loan accounts. In the background of increasing incidences of frauds in general and in loan portfolios in particular, the Reserve Bank of India brought into force the systemized framework for…
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Organization of the Finance Function
Introduction The organization of the finance function involves structuring financial roles, responsibilities, processes, and systems to ensure the efficient management of financial resources. This function is critical in decision-making and strategy development, providing essential financial information and analysis to support business decisions while ensuring compliance with financial regulations and standards. Key Roles and Responsibilities The…
Read articleBank Holidays : Ladakh UT
The Administration of Union Territory of Ladakh, declared Public holidays to be observed throughout the UT of Ladakh during the calendar year 2025 under section 25 of negotiable instruments act 1881 Sr.No Date Day Occasion/Festival Date 1 26.01.2025 Sunday REPUBLIC DAY 2 26.02.2025 Wednesday MELA DOSMOCHEY (Leh District & Zanskar Sub-Division only) 3 14.03.2025 Thursday…
Read articleBank holidays 2025 in Lakshadweep UT
The Administration of Lakshadweep declared Public holidays to be observed throughout the UT Lakshadweep during the calendar year 2025 under section 25 of Negotiable Instruments Act 1881. The list of holidays: *April 1, and all Sundays, 2nd & 4th Saturdays are Bank Holidays under the explanation to section 25 of the Negotiable Instrument Act 1881.…
Read articleBank holidays 2025 for UT OF Dadra, Nagar Haveli, Diu and Daman
The Administrator of Dadra-Nagar Haveli, Daman and Diu, declared public holidays with effect from 1st Jan 2025 under section 25 of Negotiable Instrument s Act 1881. Banks are closed on 01.04.2025 (Tuesday) for the Annual closing of bank accounts. This holiday is not admissible to the Government offices. All Sundays and 2nd & 4th Saturdays…
Bank Holidays 2025 in Jammu and Kashmir UT
The Administration of Jammu Kashmir UT in exercise of the powers conferred by the explanation of Section 25 of Negotiable Instruments Act, 1881 declares following days to be public holidays during the calendar year, 2025. Date Day Occasion/Festival Date 26.01.2025 Sunday REPUBLIC DAY 26.02.2025 Wednesday MAHASHIVARATRI 14.03.2025 Friday HOLI (For Jammu Province Only) 27.03.2025 Thursday…
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