March 2025 bank holidays: On which days are banks closed in March? Check state-wise list

Bank holidays in March 2025 will affect various cities and states due to regional festivals and observances. Customers should plan financial transactions in advance as banks will be closed on specific dates, but ATMs, mobile banking, and internet banking services will remain available. from Business News: Budget 2025, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/rJOW2...

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RBI relaxes rules for micro credit, non-bank lenders

The RBI has eased restrictions on lending to non-bank finance companies and microfinance institutions by lowering risk weights for bank credit. This move aims to boost lending capacity and support economic growth, reversing the slowdown observed after previous regulatory measures. from Business News: Budget 2025, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/y0mko...

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Bank Holiday for Mahashivratri 2025: Are banks closed on February 26, 2025 ? Check state-wise holiday list

Bank Holiday for Mahashivratri 2025: Banks in several Indian states including Gujarat, Maharashtra, and Karnataka will be closed on February 26, 2025, for Mahashivratri. Customers should verify their local schedule and use online banking services for essential transactions. from Business News: Budget 2025, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/8kFd2...

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South Korea cuts growth outlook, interest rates amid tariff fears

South Korea's central bank on Tuesday slashed interest rates and its annual growth forecast as it looks to bolster the economy in the face of US tariffs and amid the fallout from President Yoon Suk Yeol's brief declaration of martial law last year. The economy grew less than expected in the final three months of 2024 as Yoon's martial law move hit consumer confidence and domestic demand. from Business News: Budget 2025, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://i...

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'RBI's loan prepay fee ban to hit NBFCs more than banks'

RBI's proposal to remove foreclosure charges on loans up to Rs 7.5 crore could significantly impact PNB Housing Finance and Aditya Birla Capital, with 27% and 26% of their assets in floating-rate loans, respectively. Banks like Axis, IndusInd, and Kotak Mahindra may also face higher impacts. This move is expected to increase competition and reduce profitability in retail loans, benefiting better-rated NBFCs. from Business News: Budget 2025, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business...

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Bank of Maharashtra slashes rate by 25bps

from Business News: Budget 2025, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/jQ4DV...

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