Last week, SBI chairman Rajnish Kumar had said banks through IBA will request for raising the loan moratorium period from the existing three months to may be 5-6 months depending on evolving situation

Reserve Bank of India (RBI) in its COVID-19 package has said that all commercial banks, cooperative banks and NBFCs including MFIs and housing finance companies are permitted to provide a moratorium on all kinds of term loans

Banks are expecting a huge number of footfalls due to expected disbursement in Jan Dhan accounts, women beneficiaries, pension accounts and PM Kisan beneficiaries

Coronavirus updates: Cash deposits and withdrawals, clearing of cheques, remittances and government transaction, all these essential activities will continue in all bank branches from March 23

Indian Banks' Association had asked customers to use online and mobile banking channels for making their transactions and avoid visiting bank branches as it could pose a risk to banks' front desk staff

Loan outstanding against trade (import and export industries) is the highest at Rs 5.19 lakh crore followed by MSMEs, Rs 4.73 lakh crore

In talks with Indian Banks' Association (IBA), apart from a 15 per cent increase in payslip cost, progress was made on some of our other demands as well, United Forum Bank Unions said

FM's tongue-lashing of PSB chiefs came on the day she launched the next phase of reforms for state-owned banks -- EASE 3.0; Sitharaman says lack of branch-level contact had eroded their goodwill

She further said that banks should not blindly follow rating agency data on customers. She added that the government intends to employ data analytics in the Indian banking sector

Major cities where Friday is a holiday include Mumbai, Bengaluru, Ahmedabad, Thiruvananthapuram, Srinagar, Ranchi, Lucknow, Kanpur, Hyderabad and Dehradun; Banks in other major cities including Delhi, Chennai, Kolkata and Patna will remain functional

An education loan makes it easier to pursue your dream education but it also means long repayment years, so make sure your choice is right

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Unions are demanding a 20 per cent hike on payslip components with adequate loading; in the latest round, IBA improved offer to 12.5 per cent but this was not acceptable to unions

SBI chief, at an event held by Indian Banks' Association, says banks can achieve higher growth if they continue to make profits; lists out role of other players like states in supporting country's economic growth

Bank strike news: Several bank branches remained closed due to Bank Unions' strike. This affected services like deposit, withdrawal, cheque clearances, instrument issuance and loan disbursement

Bank strike news: Banking operations, including cash deposit, withdrawal, cheque clearances, instrument issuance and loan disbursement operations, will be disrupted for three days, and ATMs could go out of cash

Several banks, including State Bank of India and IDBI, have informed Bombay Stock Exchange (BSE) and National Stock Exchange (NSE) about industry-wide bank trade unions' strike

SBI latest news: Banks to go on a nationwide strike for 2 days starting from January 31. Here's all you need to know

Many banks including SBI have informed customers that operations may be impacted to some extent due to the proposed two-day nationwide strike beginning January 31

The SBI said that it has made all the arrangements to ensure the smooth functioning in its branches and offices