Banking
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Today's Edition
Monday, 20 April 2026
6 premium articles
◆5 topics
Today's Edition
Monday, 20 April 2026
The Reserve Bank of India's March 2026 holiday calendar lists 15 bank holidays across various states including Holi, Gudi Padwa, Ugadi, Ram Navami, and Good Friday — with dates varying by state. Plan your NEFT, RTGS, and branch transactions accordingly.
The RBI ramped up its dual intervention in foreign exchange and government bond markets on March 10 as sustained oil prices above $100/barrel put the rupee under severe pressure and threatened to spike government borrowing costs.
The Reserve Bank of India conducted a ₹50,000 crore government securities purchase operation on March 10 to ease banking system liquidity, with a second tranche of ₹25,000 crore planned for March 13.
The Reserve Bank of India released draft guidelines proposing up to 85% compensation for victims of digital banking fraud, with RBI contributing 65% and the customer's bank 20%, effective July 2026 for small-value frauds.
The Reserve Bank of India issued new norms limiting bank dividend payouts to a maximum of 75% of profit after tax, effective from FY2027, aiming to strengthen capital buffers amid the current global economic uncertainty.
The Indian rupee crashed to a historic low of 92.35 against the US dollar on Monday, driven by soaring oil import costs and FPI outflows, prompting the RBI to intervene in the forex market.
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