Articles for Bank Branches

High street banking giant will close 101 branches for good in 2025 - check if yours is on the list
2 days ago

High street banking giant will close 101 branches for good in 2025 - check if yours is on the list

Daily Mail  

A major banking group has announced it will close another another 101 high street branches in 2025 in the latest blow to customers. Speaking to Birmingham Live about the closures, a Lloyds Banking Group spokesperson said: 'Mobile banking is more popular than ever, with over 19.5 million customers choosing our app to manage, maximise and understand more about their money. …

Banking Group Close Lloyds Halifax Bank Branches Lloyds Banking Group
No one can find safe-deposit boxes anymore
1 month, 1 week ago

No one can find safe-deposit boxes anymore

Live Mint  

Longtime deposit-box renters are getting kicked out of their boxes by banks that are shutting down or scaling back the service. A disappearing service JPMorgan Chase, the nation’s largest bank, said in late 2021 that it would stop offering new boxes to customers—and existing renters would lose theirs if their branch closed. PNC Bank said last week that it would …

Bank Service Banks Chase No One Box Boxes
Top 38 ULBs and Banks in Andhra Pradesh Recognized for PMSVANidhi Awards
1 month, 3 weeks ago

Top 38 ULBs and Banks in Andhra Pradesh Recognized for PMSVANidhi Awards

The Hindu  

Thirty-eight best-performing ULBs and banks from Andhra Pradesh have been selected for State-level and national-level awards under the PMSVANidhi scheme. The award, titled 'PRAISE Awards 2023-24', is presented to ULBs and banks in four categories—Loan performance, SVANidhi Se Samriddhi, Best Performing Lending Institution and Best Performing Bank Branches.

Loan performance SVANidhi Se Samriddhi Lending Institution Best Performing Bank Branches Vijayawada
Bank holiday on July 13: Are banks open or closed this Saturday?
5 months, 1 week ago

Bank holiday on July 13: Are banks open or closed this Saturday?

Hindustan Times  

Banks are closed in India every month on the second and fourth Saturdays along with Sundays, national and regional holidays, as per the Reserve Bank of India. Bank customers must make sure that their bank related work is not hampered on these bank holiday days owing to which they must see if bank branches are open on specific day or …

Holiday Bank Banks Closed Bank Holiday Bank Holidays Harela
Coffee, sculptures and financial advice. Banks try to make new branches less intimidating
6 months, 1 week ago

Coffee, sculptures and financial advice. Banks try to make new branches less intimidating

Associated Press  

NEW YORK — It’s like Sephora or Starbucks now offered a checking account. After years of closing or mostly neglecting physical bank branches across the U.S., the nation’s largest banks are spending hundreds of millions of dollars on refurbishing old locations or building new ones, and in the process changing the look, feel and purpose of the local bank branch. …

Community Space Financial Bank America Banks Chase
The towns where the banks disappeared: Banking black holes are revealed after bosses shut down 6,000 branches in just nine years - leaving some facing a 20-mile round trip to access their accounts
7 months ago

The towns where the banks disappeared: Banking black holes are revealed after bosses shut down 6,000 branches in just nine years - leaving some facing a 20-mile round trip to access their accounts

Daily Mail  

Britons in areas with no banks said they are enduring 20-mile round trips to visit their nearest branch after it emerged that 6,000 have now closed in just nine years. They said they help people but added: 'We are not a proper bank' ‹ Slide me › Before and after: The Barclays branch in Sedgefield closed in 2018 and is …

London Banking Money Office Liverpool South This Year
Is YOUR local bank closing? Full list of nearly 200 branches including Lloyds, Halifax and Barclays set to shut this year amid high street exodus
11 months, 3 weeks ago

Is YOUR local bank closing? Full list of nearly 200 branches including Lloyds, Halifax and Barclays set to shut this year amid high street exodus

Daily Mail  

The full list of nearly 200 bank branches which are set to close this year was revealed today as lenders continue withdrawing from the High Street. Bank branch scheduled closures in 2024 Lloyds 60 Halifax 47 Barclays 34 NatWest 21 Bank of Scotland 16 Ulster Bank 10 RBS 1 TOTAL - 189 Jenny Ross, Which? Royal Bank of Scotland, also …

Banking Bank 2024 This Year Hsbc Lloyds Halifax
Online Banks Are Winning the Deposit War
1 year, 6 months ago

Online Banks Are Winning the Deposit War

Live Mint  

Online banks have managed to pull off what has become a tall order in 2023: They brought in more deposits than they lost. But deposits were up quarter over quarter at Ally Financial and Goldman Sachs Group’s online bank Marcus, which don’t have branch networks. Deposits at U.S. banks collectively fell by the most on record in the first quarter, …

Bank Online Quarter Banks Customers Branch Wells Fargo
Rs 2,000 Notes Will Remain Legal Tender Even After Sept 30. All Your Questions Answered
1 year, 7 months ago

Rs 2,000 Notes Will Remain Legal Tender Even After Sept 30. All Your Questions Answered

ABP News  

The Reserve Bank of India has announced the withdrawal of Rs 2,000 denomination banknotes from circulation while clarifying that existing Rs 2,000 notes will remain legal tender. Hence, in line with the "Clean Note Policy," the decision to withdraw Rs 2000 banknotes from circulation has been made, the central bank said. RBI said, "To ensure convenience for the public, a …

Public Rbi Facility Limit Notes Exchange Legal Tender
A third of the nation's bank branches have shut in the past five years — for people in the country, that's a huge problem
1 year, 9 months ago

A third of the nation's bank branches have shut in the past five years — for people in the country, that's a huge problem

ABC  

Newsagent Ray Burgess is a good customer for a bank, he just cannot find one. Key points: Over the past five years, 30 per cent of Australia's bank branches have shut Banks claim more transactions are happening online, fewer in branches A Senate inquiry into the impact of regional bank branch closures is holding a hearing in Gippsland To run …

Banking Sale Bank Senate Banks Five Years Town
Denmark: No cash or bank robberies; thieves find a way online
1 year, 11 months ago

Denmark: No cash or bank robberies; thieves find a way online

India TV News  

For the first time in years, Denmark hasn’t recorded a single bank robbery. Because put an absolutely extreme strain on the affected employees every time happened," spokesman Steen Lund Olsen said in a statement. Finance Denmark, the banking sector’s association, said only about 20 bank branches across the country have cash holdings. In 2000, 221 bank robberies were recorded, Finance …

Bank Denmark Bank Branches Bank Robberies Finance Denmark
Regional banking task force to look at impact of bank closures on regional communities
3 years, 1 month ago

Regional banking task force to look at impact of bank closures on regional communities

ABC  

It is 9am at the local newsagency in the quiet northern Victorian town of Mooroopna, and the air is buzzing with the news the local National Australia Bank branch, just a few doors down, is set to close its doors on January 20. Key points: A growing number of regional bank branches are closing due to downturns in foot traffic …

Impact Banking Bank Jones Task Force Branch Regional
Is it finally time to say goodbye to cash?
3 years, 9 months ago

Is it finally time to say goodbye to cash?

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. In last year’s Budget, just weeks before the first …

Financial Access Legislation According Million Cent Cash
Yes Bank Lacked Cost Control; Aim to Cut Op Expenses by 20 Pc in FY21: CEO Kumar
4 years, 1 month ago

Yes Bank Lacked Cost Control; Aim to Cut Op Expenses by 20 Pc in FY21: CEO Kumar

News 18  

Yes Bank lacked a culture of cost control, and under the new management, the lender is targeting to reduce operational expenses by 20 per cent in FY21 by rationalizing branches and ATMs, giving up unwanted leased spaces and renegotiating rents, a top official has said. Kumar said the bank is targeting reduction in rents, a major operational overhead for lenders, …

Bank Cost Yes Bank Kumar 20 Per Cent Branches
How conflict squeezes credit in J&K
4 years, 4 months ago

How conflict squeezes credit in J&K

Live Mint  

Residents near the international border in Jammu and Kashmir have faced incidents of mortar shelling for years. The study, by Mrinal Mishra and Steven Ongena of Swiss Finance Institute, uses data on loans from Jammu and Kashmir’s largest bank between January 2011 and June 2017. The authors find a cumulative jump of 20 basis points in loan interest rates in …

Bank Interest Rates Jammu Shelling Bank Branches