Banks’ balance sheets sojourn strong, bad loans waning: RBI report
The financial position of commercial banks in India has stayed robust, marked by the sustained expansion in loans and deposits, while their gross bad loan ratio has dropped to multi-year lows, a central bank report showed on Thursday (26.12.2024). Banks have also cleaned up their balance sheets in recent years by selling bad loans to…
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Bank Holidays 2025: Puducherry, Karaikal, Mahe, and Yanam Regions
The Lieutenant Governor, Puducherry vide G.O.Ms.No.88 Puducherry, dated 25.11.2024 declared under mentioned days as Bank holidays, by the explanation to section 25 of the Negotiable Instruments Act 1881. Date Day Occasion/Festival Date 01.01.2025 Wednesday New Year Day 14.01.2025 Tuesday PONGAL 15.01.2025 Wednesday THIRUVALLUVAR DAY/MATTU PONGAL 26.01.2025 Sunday REPUBLIC DAY 31.03.2025 Monday EIDUL-UL- FITR (RAMZAN) 01.04.2025…
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Bank holidays: Mizoram State
The competent authority of the Government of Mizoram declared the following days as public holidays for the Calendar Year 2025. Bank holidays in India are declared as public holidays under explanation to section 25 of the Negotiable Instrument Act 1881. The holiday declared under the NI Act applies exclusively to the banks located within the…
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Bank holidays 2025: Meghalaya State
The Government of Meghalaya state in its notification no. No. GAA/67/2024/47 dated 16.10.2024 declared the following days as public holidays Date Day Occasion/Festival Date 01.01.2025 Wednesday New year Day 26.01.2025 Sunday Republic Day 14.03.2025 Fridayy HOLI 31.03.2025 Monday Kutuba-E-Ramzan(ID-UL- FITR) 01.04.2025 Tuesday Bank Holiday (Closure of annual accounts of banks) 18.04.2025 Tuesday Good Friday 07.06.2025…
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Bank Holidays 2025: Arunachal Pradesh
The government of Arunachal Pradesh declared the calendar of holidays for 2025 under the explanation of section 25 of NI Act 1881 Date Day Occasion/Festival Date 01.01.2025 Wednesday NEW YEAR DAY 14.01.2025 Tuesday MAKARA SANKRANTI 26.01.2025 Sunday REPUBLIC DAY 20.02.2025 Thursday STATEHOOD DAY 14.03..2025 Friday HOLI 31.03.2025 Monday ID-UL -FITR 01.04.2025* Tuesday Bank Holiday: Banks’…
Bank Holidays 2025: Nagaland State
The State Government of Nagaland declared the days specified below as public holidays under the explanation to Section – 25 of the Negotiable Instruments Acts, 1881 (Act, XXVI of 1881). Date Day Occasion/Festival Date 01.01.2025 Wednesday New Year Day 26.01.2025 Sunday REPUBLIC DAY 31.03.2025 Monday RAMZAN (IDUL FITR) 01.04.2025 Tuesday BANK HOLIDAY FOR ANNUAL CLOSING…
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