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According to the RBI’s holiday schedule, banks in India will observe multiple national and regional holidays in December 2025. These holidays differ across states, meaning some branches will be closed on certain days while others continue operations. The only nationwide bank holiday in December is Christmas on December 25, when all banks across the country will remain shut.
Fixed deposits remain a popular investment option in India due to their low risk and assured returns. Many people place their savings in FDs offered by various banks. Since investors seek safe and reliable earnings, banks provide competitive interest rates. For those planning to invest in FDs and unsure whether to choose SBI, HDFC, or ICICI, this comparison looks at which bank offers the best ret
Finance Minister Nirmala Sitharaman stated that the government is in discussions with the banking regulator and industry representatives to develop large, world-class Indian banks. Work is also ongoing on the consolidation of state owned banks. She added that the Centre will engage with lenders to determine the way forward and is consulting the RBI on strategies for building larger banks.