August 13, 2025

reserve bank of india RBI

Banking

RBI Bans Mandatory Digital Banking for Bank Customers

MediaNama’s take: As per studies, only 25% of India’s rural population engages with formal banking, in contrast to 70% in the US and 60% in China. This arises from factors like a lack of reliable access to smartphones, the internet, or low digital literacy. Through its new directions, the Reserve Bank of India (RBI) takes

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Banking

Bank Holidays in May 2025: How many days will banking services not be available? Check out state-wise list

Bank Holidays in May, Upcoming Bank Holidays: The Reserve Bank of India (RBI) has declared several holidays for May 2025, including Maharashtra Din, Rabindranath Tagore Jayanti, and others. If you are planning any important activities, banking transactions, or other bank services, plan accordingly to avoid any inconvenience during these closure days. In May, banks across

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