Interest Rates on Small Savings Schemes from January 2026 to March 2026
The government on Wednesday December 31, 2025, announced that the interest rates on small savings schemes, including PPF, SSY, NSC, and post office deposits, will remain unchanged for the Fourth Quarter of FY 2025-26 (from January 1, 2026 to March 31, 2026), according to a Finance ministry notification. Interest Rate Chart: Scheme Interest Rate (January-March…
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RBI’s KYC Reset 2025: What the New Directions Mean for Banks, Payments and Customers
Key Takeaways for Banks and Customers The Reserve Bank of India (Commercial Banks – Know Your Customer) Directions, 2025 represent a comprehensive reset of the KYC framework for commercial banks. Replacing the long-standing 2016 KYC Master Direction, the new Directions harmonise KYC references across the banking and payment ecosystem while strengthening customer due diligence, accountability,…
Read articleState-wise and Union Territory-wise Bank Holidays in India – 2026
Bank holidays play a crucial role in the smooth functioning of banking operations, financial planning, and customer convenience. In India, bank holidays are notified under the provisions of the Negotiable Instruments Act, 1881, and vary across States and Union Territories depending on local festivals, regional observances, and government notifications. To help bankers, professionals, businesses, and…
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RBI’s New 15‑Day Rule: Uniform Claim Settlement Norms for Deceased Accounts
The RBI has now put in place a uniform, time‑bound framework for settlement of claims in respect of deceased customers’ deposits, replacing the earlier patchwork of circulars and ensuring standard procedures across banks. The new Directions mandate simplified documentation, defined thresholds for small-value claims, a strict 15‑day turnaround time (TAT), and compensation for delay, thereby…
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Ladakh UT- Bank Holidays 2026
The Administration of Union Territory of Ladakh, through notification No.530-LA(GAD)of 2025 dated 14.11.2025 declared Bank holidays to be observed throughout the UT of Ladakh during the calendar year 2026 under section 25 of negotiable instruments act 1881 Sr.No Date Day Occasion/Festival Date 1 26.01.2026 Monday REPUBLIC DAY 2 16.02.2026 Wednesday MELA DOSMOCHEY (Leh District &…
Bank holidays 2026 in Lakshadweep UT
The following are the public (bank) holidays for Karnataka in 2026, declared under the explanation of Section 25 of the Negotiable Instruments Act, 1881. Sr.No Date Day Occasion/Festival Date 1 26.01.2026 Monday REPUBLIC DAY 2 15.02.2026 Sunday SHIVRATHRI 3 04.03.2026 Wenesday HOLI 4 21.03.2026 Saturday EID-AL-FITR 4 31.03.2026 Tuesday MAHAVIR JAYANTHI 5 01.04.2026 Wednesday ANNUAL CLOSING…
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