Govt. News
The Indian Banks’ Association (IBA) has announced that Bank Employees Get DA Hike from August 2025 and pensioners for the quarter August to October 2025. This revision is based on the average Consumer Price Index for Industrial Workers (CPI-IW) for April–June 2025. Here’s everything you need to know about how much DA has increased, when … Read more
UPI Rule Changes from 1 August 2025: From 1 August 2025, the National Payments Corporation of India (NPCI) mandates a robust set of new rules for UPI apps to enhance reliability, prevent overload, and reduce fraud risks. These updates directly impact features like balance checks, autopay mandates, and account-linked services. Why These Changes Matter With … Read more
In response to recent media reports and public concerns, the Department of Financial Services (DFS), Ministry of Finance has issued a clear statement: No instructions have been issued to banks to close inactive PM Jan Dhan Yojana (PMJDY) accounts. This clarification comes after several rumors and social media posts claimed that banks were closing Jan … Read more
In a major banking sector reforms, the Government of India is planning to list five Regional Rural Banks (RRBs) on the stock exchange by 2027. This move is aimed at enhancing rural credit systems, improving governance, and attracting investment. However, the decision has triggered huge opposition from employee unions and farmers, who fear a shift … Read more
A massive nationwide general strike—called Bharat Bandh—is underway on July 9, 2025. Organized by 10 central trade unions, the coordination includes farmers and rural labor groups, with an estimated 25 crore (250 million) workers participating in 9th July Bank Strike. The strike protests the government’s labor reforms, privatization strategy, and economic policies viewed as “anti-worker and … Read more