digital banking services

Planning a bank visit in June requires checking the holiday list as branches in several states will be closed on specific dates for festivals like YMA Day, Raja Sankranti, Moharrum, and Muharram. Additionally, banks observe closures on the second and fourth Saturdays of each month, impacting physical branch operations.

Banks across numerous Indian states are closed today for Eid-ul-Adha, impacting branch services like cheque clearance and cash deposits. Customers are urged to verify local holiday schedules. While physical banking is halted, digital services including internet banking, mobile apps, and ATMs remain fully operational. Plan ahead for essential branch tasks and utilize online channels to avoid disruption.

Bank customers across India should note extended holiday closures from May 26-28, 2026, impacting numerous states for national and religious observances like Kazi Nazrul Islam's birth anniversary and Eid-ul-Adha. Remember, second and fourth Saturdays also mean branch shutdowns. Plan ahead for essential services, as digital banking remains fully operational.

Union Education Minister Mr Dharmendra Pradhan held discussions with senior officials of SBI, Bank of Baroda, Canara Bank and Indian Bank to overhaul the CBSE payment gateway system following recent technical issues faced by students. The meeting focused on strengthening payment protocols for post-examination services, including re-evaluation and answer sheet photocopies. The banks were asked to introduce faster grievance redressal, real-time monitoring and automatic refund systems to ensure secure and smooth digital transactions for students.

Bihar is taking a major step towards skill-based higher education with the introduction of apprenticeship-embedded degree programmes in nine colleges. The courses will allow students to combine academic studies with hands-on training, strengthening industry-academia collaboration and enhancing employment opportunities after graduation

Maharashtra's cooperation department has launched a fully online system for registering housing societies, replacing the old paperwork-heavy process. In just two months, 23 societies have completed registration digitally via the Aaple Sarkar portal, significantly speeding up approvals and reducing the need for physical visits. This initiative aims to bring more unregistered societies into the formal framework.

CBSE has clarified that students applying for Class XII answer sheet verification and re-evaluation can use various online payment options, not just specific bank accounts. The board also confirmed its online portal is functioning smoothly despite a significant cyberattack attempt shortly after its launch. Over 43,000 applications have been processed so far.

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Indian bank branches see most frequent visits from entrepreneurs, rural customers, and the affluent, driven by cash transactions and advisory needs. Younger, digital-native users are least likely to visit, preferring online services. Despite rising mobile adoption, demand for enhanced digital support and continued branch relevance for complex interactions is evident.

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Coinbase has launched direct INR deposit and withdrawal services in India, enabling users to transact via IMPS without intermediaries. This move grants Indian retail traders access to spot trading and perpetual futures, with dedicated INR order books and global liquidity. The company emphasizes its long-term commitment to the Indian market, supported by investments in the local developer community.

Amazon's annual Prime Day sale is moving to June 23-26 in the US, a first since 2021, influenced by the FIFA World Cup and US Independence Day. This four-day event aims to boost online spending, with a significant focus on groceries and household essentials as Amazon expands its rapid delivery services to compete with rivals.

Jharkhand Industrial Area Development Authority is going paperless with a new unified IT system, aiming for a digital overhaul by August. Investors will soon manage land allotments, rent payments, and service requests online via a dedicated portal and mobile app. This move promises enhanced transparency and quicker grievance redressal, improving industry-government communication.