PIB Debunks Fake Gazette on Bank Holidays
The Press Information Bureau has refuted a viral notification claiming every Saturday is a bank holiday; only second and fourth Saturdays are holidays for public sector banks.
Latest court orders, judgments, and legal developments from Indian courts — AI-curated and summarized.
The Press Information Bureau has refuted a viral notification claiming every Saturday is a bank holiday; only second and fourth Saturdays are holidays for public sector banks.
The RBI released its Weekly Statistical Supplement showing key balance sheet data. The update provides macroeconomic insights for policymakers and market analysts.
RBI permits banks to delegate monitoring of ATM cassette swap procedures to an Executive Committee.

Anamika Ray, a seasoned lawyer with over a decade in private equity and M&A, has moved from Trilegal to join Anagram Partners as a Partner in its corporate practice, signaling expansion in key transactional domains.
Several state governments, including Assam, Bihar, and Rajasthan, will auction securities worth ₹22,200 crore via re-issuance of existing stock, primarily through price-based auctions.
The RBI has communicated new guidelines regarding the accounts of non-resident banks, necessitating updated lists and compliance from AD Category-I banks. These changes influence the operational functions of authorized dealer banks.
The Reserve Bank of India has published the Reserve Money data for the fortnight ending August 31, 2026, crucial for monetary policy analysis.
The RBI has published foreign exchange turnover data for merchant and inter-bank transactions during several periods in August 2026.
On September 10, 2026, the RBI accepted ₹3,96,694 crore in the Overnight Variable Rate Reverse Repo auction. The cut-off rate was fixed at 5.24%.
The RBI has issued third amendment directions for Local Area Banks regarding the interest rates on deposits to maintain compliance with updated regulatory standards.
The RBI has outlined third amendment directions for Regional Rural Banks regarding the interest rates on deposits to stay aligned with recent economic conditions.
The RBI has issued third amendment directions updating the interest rates on deposits for Urban Co-operative Banks, aimed at encouraging competitive deposit offerings.