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Bank News
Your salary is just the start for loan approval. Lenders scrutinize your income after deducting all current EMIs. This remaining amount, measured by the Fixed Obligation to Income Ratio, dictates your borrowing capacity. Keeping this ratio below 50% is key. Existing EMIs signific
25 May 2026, 01:11 pm
Bank News
If the lender bank decides to deploy any technology-based mechanism for restricting or disabling the functionalities of a mobile device of a borrower, it shall ensure adopting a graduated approach rather than disabling the device, ab initio; it can’t disable essential services li
25 May 2026, 12:46 pm
Bank News
The West Bengal government has ordered a comprehensive audit into a multi-crore cooperative bank scam. This investigation focuses on alleged irregularities in long-term loan disbursals over the past 15 years. An FIR has been filed in Bardhaman district, with more expected. The st
25 May 2026, 12:26 pm
Bank News
The Tamil Nadu government is considering reviving past welfare programs. Cooperation Minister V Gandhiraj stated that discontinued schemes, like the 2021 jewel loan waiver, will be presented to the Chief Minister for review. Technical issues will be addressed to ensure public wel
25 May 2026, 11:53 am
Bank News
SBI Bank closed 6 days, no work by May 22. Follow Bhaskar English Updates. SBI branches may remain closed continuously for 6 days between 23 May to 28 May 2026. The main reasons for this are the weekend, a proposed two-day strike by employees, and two days of holidays declared by
23 May 2026, 08:06 am
Bank News
The government's Emergency Credit Line Guarantee Scheme 5.0 is set to bolster micro, small, and medium enterprises. Experts believe this initiative will help banks avoid a rise in bad loans. The scheme aims to provide guaranteed credit, easing financial stress for businesses. Len
22 May 2026, 12:47 pm
