by Team Small News | Sep 29, 2025 | ESAF Small Finance Bank, Suryoday Small Finance Bank, Utkarsh Small Finance Bank
The microfinance business of small finance banks, particularly ESAF, Suryoday, and Utkarsh, is experiencing significant stress. Approximately 20% of their microloan books are under stress, with portfolios at risk (PAR) for over 30 days ranging from 19.73% to 23.23% as...
by Team Small News | Sep 29, 2025 | State Bank of India
As part of the ‘Haryana Shehar Swachhata Abhiyan’, a cleanliness initiative in Haryana, the State Bank of India (SBI) has made a significant contribution to improve sanitation in the twin cities of Yamunanagar and Jagadhri. The bank donated dustbins worth...
by Team Small News | Sep 29, 2025 | Standard Chartered
The Finance Ministry of Sri Lanka has appointed Dharshan Jayaratne as an Independent, Non-Executive Director of the Bank of Ceylon (BOC). Jayaratne brings with him over 31 years of experience in the banking sector, with a specialization in financial markets. His...
by Team Small News | Sep 28, 2025 | Banking
Eastern Bank has received federal approval to close its $490 million acquisition of HarborOne Bank, a deal that was first announced in July 2022. The acquisition will create one of the largest mutually-owned banks in the United States, with approximately $22 billion...
by Team Small News | Sep 28, 2025 | Standard Chartered
Standard Chartered Bank has appointed Praveen Karunaratne to its Country Management Team in Sri Lanka. Karunaratne will be taking on the role of Head of Corporate and Institutional Banking, where he will be responsible for driving the growth of the bank’s...