Operational Risk Management measure: Facility of Price / Yield range setting in e-Kuber
Operational risk is defined as the risk of direct or indirect loss resulting from breakdowns in internal procedures, people, system and external events. Examples of operational risk are frauds, system failure, error in financial transactions, failure to discharge demand of contractual obligations due to insufficient funds, etc. RBI on Thursday (12-12-2019) notified that the bank…
Read articleBANK HOLIDAYS 2020: TELANGANA STATE
The Government of Telangana declared the following days as public holidays for the year 2020 under section 25 of NI Act (Negotiable Instrument Act) 1881. Sr.No Date Day Occasion/Festival Date 1 15.01.2020 Wednesday SANKRANTI/PONGAL 2 21.02.2020 Friday MAHASHIVARATRI 3 09.03.2020 Monday HOLI 4 25.03.2020 Wednesday UGADI 5 01.04.2020 Wednesday Annual closing of bank accounts 6…
Read articleBank Holidays 2020: Jammu & Kashmir
The Government of Jammu & Kashmir UT declared the following days to be a public holiday during the year 2020, under the explanation of section 25 of NI act 1881. Sr.No Date Day Occasion/Festival Date 1 26.01.2020 Sunday REPUBLIC DAY 2 21.02.2020 Friday MAHA SHIVRATRI 3 09.03.2020 Monday HOLI) 4 25.03.2020 Wednesday 1st NAVRATRAI 5…
Read articleBANK HOLIDAYS 2020: MAHARASHTRA STATE
The Government of Maharashtra declared the following days as holidays for the year 2020 under section 25 of NI Act (Negotiable Instrument Act) 1881. Sr.No Date Day Occasion/Festival Date 1 19.02.2020 Wednesday CHATRAPATI SHIVAJI MAHARAJ JAYANTI 2 21.02.2020 Friday MAHASHIVARATRI 3 10.03.2020 Tuesday HOLI 2nd Day 25.03.2020 Wednesday GUDIPADVA 4 01.04.2020 Wednesday Annual closing…
Read articleBank Holidays 2020: Madhya Pradesh
The Government of Madhya Pradesh declared the following days to be a public holiday during the year 2020, under the explanation of section 25 of NI act 1881. Sr.No Date Day Occasion/Festival Date 2 21.02.2020 Friday MAHASHIVARATRI 3 10.03.2020 Tuesday HOLI 4 01.04.2020 Monday Banks’ Annual Closing of Accounts 5 06.04.2020 Monday MAHAVEERA JAYANTHI 6…
Bank holidays 2020: Nagaland
The Government of Nagaland declared the following days to be a public holiday during the year 2020, under the explanation of section 25 of NI act 1881. List of Holidays Sr.No Date Day Occasion/Festival Date 1 1.1.2020 Wednesday New Year Day 2 26.01.2020 Sunday REPUBLIC DAY 3 01.04.2020 Sunday ANNUAL CLOSING OF BANK ACCOUNTS 4…
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