A Complete Banking Guide... Bank of Baroda, Allahabad Bank, Andhra Bank, Bank of India, Bank of Maharashtra, Canara Bank, Central Bank of India, Dena Bank, ICICI Bank, IDBI Bank Limited, Indian Bank, Indian Overseas Bank,, Oriental Bank of Commerce, Punjab & Sind Bank, Punjab National Bank, State Bank of India, UCO Bank, UTI Bank Ltd., Union Bank of India, United Bank Of India, Vijaya Bank, Yes Bank, Mutual Funds, Income Tax
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Bank lending to industry saw power sector lead growth in early FY27. Chemicals and vehicles also experienced significant increases in credit allocation. Telecommunications exposure declined, reflecting a shift in lender priorities. Overall infrastructure sector growth was positive, excluding telecommunications contraction. Industry's share in total bank credit continued its gradual decline.
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Plan your bank visits carefully as several branches will be closed on specific dates this July due to regional holidays. West Bengal and Mizoram observe closures today, July 6. Further state-specific holidays are scheduled across Meghalaya, Odisha, Uttarakhand, Manipur, Sikkim, and Tripura. Remember, Sundays and the second and fourth Saturdays also mean branch closures. Digital banking services remain unaffected.
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America's mounting debt is now the primary threat to its global economic dominance, surpassing external competition. Deutsche Bank warns that persistent deficits and soaring interest payments are eroding a key advantage. While the US possesses enduring strengths, the nation faces imminent fiscal challenges, including the potential exhaustion of Social Security and Medicare funds, which will demand urgent attention from future administrations.
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