பேங்க்

Bank Locker Safety: Govt Data Reveals Usage, Theft Cases and Compliance Measures The Government reported that over 1.09 crore bank lockers are operated by public sector banks, with 40 theft cases recorded between 2020 - 21 and 2024 - 25, while updated RBI guidelines mandate enhanced security, standardised agreements, and defined liability for losses due to bank negligence. Read More: https://thekanal.in/en-IN/details/bank-locker-safety-govt-data-reveals-usage-theft-cases-and-compliance-measures-8407 #banking

Financial Inclusion Push: Govt Details Measures to Improve Credit-Deposit Ratio in Himachal Pradesh Government addresses CD ratio concerns in Himachal Pradesh. Measures focus on credit expansion and financial inclusion. Read More: https://thekanal.in/en-IN/details/financial-inclusion-push-govt-details-measures-to-improve-credit-deposit-ratio-in-himachal-pradesh-34174 #banking

Government Details Status of IDBI Bank Disinvestment in Parliament The Government of India (GOI) informed Parliament that the strategic disinvestment of IDBI Bank is in progress, including transfer of management control, while confirming no land assets under acquisition laws and outlining the existing shareholding structure. Read More: https://thekanal.in/en-IN/details/government-details-status-of-idbi-bank-disinvestment-in-parliament-63946 #banking

RBI Penalties on PSBs Raise Questions on Accountability, Says Devidas Tuljapurkar Reserve Bank of India (RBI)’s penalties on three Public Sector Banks (PSBs) highlight compliance gaps, while raising a larger question, why is there no accountability framework when financial lapses are borne by institutions and ultimately the public? Read More: https://thekanal.in/en-IN/details/rbi-penalties-on-psbs-raise-questions-on-accountability-says-devidas-tuljapurkar-72244 #banking

No PSU Bank Merger Plans The Government of India confirmed on March 30, 2026 that there is no proposal to merge public sector banks. The clarification was given in the Lok Sabha by Minister of State for Finance, Pankaj Chaudhary. The government stated that no merger or consolidation plans are currently under consideration. #banking

Bank of India 14 BC Accounts Freeze: Union Seeks Immediate Intervention Bank of India (BOI)’s overdraft accounts of Banking Correspondents (BCs) have been frozen. Maharashtra State Bank Mitras Association (affiliated to MSBEF) have raised concerns over accountability. Immediate review and corrective action have been requested. Read More: https://thekanal.in/en-IN/details/bank-of-india-14-bc-accounts-freeze-union-seeks-immediate-intervention-82026 #banking

Punjab National Bank Directs Kolkata South Circle Staff to Work on March 31 for Year End Closing Punjab National Bank (PNB) has instructed staff in its Kolkata South Circle to work on March 31, 2026, for annual closing, mandating attendance across branches and currency chests without specifying compensation or leave provisions. Read More: https://thekanal.in/en-IN/details/punjab-national-bank-directs-kolkata-south-circle-staff-to-work-on-march-31-for-year-end-closing-39937 #banking

*Window Dressing: A Year-End Banking Phenomenon* Banks often show a temporary spike in loans and deposits at the end of March due to balance sheet adjustments, a practice known as window dressing. These figures usually decline soon after the new financial year begins, reflecting short-term positioning rather than sustained growth. Read More: https://thekanal.in/en-IN/details/window-dressing-a-year-end-banking-phenomenon-73198 #banking

Unions Ensure Continuity of Recognition at Karnataka Grameena Bank Employees Union and Officers Association have retained recognition after securing majority membership, as per Government of India and NABARD guidelines. The move ensures continuity in representation and strengthens structured industrial relations within Karnataka Grameena Bank. #banking