by Team Small News | Jan 21, 2026 | Au Small Finance Bank
AU Small Finance Bank is gearing up for its transition into a universal lender, with a focus on continuity in senior management and strengthening its board. The bank has proposed the continuation of Uttam Tibrewal as Executive Director and Deputy CEO, and Vivek...
by Team Small News | Jan 20, 2026 | DBS
Significant legislative changes are coming into effect on January 21, 2026, regarding Disclosure and Barring Service (DBS) checks for self-employed individuals and personal employees. Currently, self-employed people can only apply for Basic DBS checks, and if they... by Team Small News | Jan 20, 2026 | RBI
The Reserve Bank of India (RBI) has strengthened its priority sector lending (PSL) framework by introducing mandatory auditor certification for banks. The move aims to enhance the transparency and accountability of banks in meeting their priority sector lending...
by Team Small News | Jan 19, 2026 | Equitas Small Finance Bank, ESAF Small Finance Bank, Ujjivan Small Finance Bank
The Indian microfinance sector has experienced a significant decline in its loan portfolio, reaching its lowest point in four years at ₹3.40 lakh crore as of November 2024. This contraction is a result of lenders’ deliberate efforts to minimize asset quality... by Team Small News | Jan 19, 2026 | HDFC Bank, ICICI Bank, RBI
The Reserve Bank of India (RBI) has directed HDFC Bank and ICICI Bank to make additional provisions in their financial statements to address priority sector lending (PSL) compliance issues. This move is aimed at ensuring that the banks meet the regulatory requirements...