Banking Operations
Latest news, explainers and analysis on Banking Operations. Tracking 5 stories on Arth Vani.
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Latest on Banking Operations
RBI Declares Bank Holiday on October 29, 2026, for Karwa Chauth in Select Regions
The Reserve Bank of India (RBI) has announced a bank holiday for public and private sector banks on Thursday, October 29, 2026, in specific regions for Karwa Chauth. Customers should note that branches in the designated areas will remain closed, impacting physical banking operations on this day.
BreakingPIB Debunks Viral Fake News: Not All Saturdays Are Bank Holidays
The Press Information Bureau (PIB) Fact Check unit has clarified that a widely circulated notification declaring all Saturdays as bank holidays is fake. This official debunking aims to combat misinformation and confirms that banking operations continue as usual, dispelling the false claim.
BreakingAre Banks Closed For Harela Today, July 16? Check RBI Holiday List For Rest of July
Banks across India are not uniformly closed for Harela on July 16, as it is a regional festival primarily observed in Uttarakhand. While digital banking services remain operational, customers planning in-person branch visits should verify specific state-level holidays through the official Reserve Bank of India (RBI) website for the remainder of July.
Karnataka Bandh: Essential Services Operational, Banking Status Unclear on August 13
During a statewide bandh in Karnataka on Thursday, August 13, essential services were expected to remain operational. However, the provided information did not explicitly state whether banking services were included in this 'essential' category, leaving their operational status ambiguous for residents.
New LaunchAllvue Systems Launches AI-Powered Platform to Streamline Loan Operations
Allvue Systems has introduced "Intelligent Loan Operations," a new platform that uses agentic AI to manage the entire loan transaction lifecycle. This aims to simplify and automate processes from loan agent notices to general ledger consolidation for financial institutions.
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