by Team Small News | Oct 30, 2025 | Central Bank of India
The Federal Reserve has cut interest rates for the second time in a row, reducing its benchmark rate to a range of 3.75% to 4.00%. The decision was made despite the ongoing government shutdown, which has left policymakers without key data to guide monetary policy. The...
by Team Small News | Oct 30, 2025 | DBS
In a significant milestone for the crypto industry in Asia-Pacific, DBS and Goldman Sachs have successfully completed the first over-the-counter (OTC) cryptocurrency options trade between two banks. The trade, which involved cash-settled OTC bitcoin and ether options,...
by Team Small News | Oct 29, 2025 | Central Bank of India
The US Federal Reserve is expected to announce an interest rate cut on Wednesday, with a nearly 100% probability of a 25 basis point reduction. The federal funds rate is currently targeted between 4%-4.25%, and the cut would be the second consecutive quarter...
by Team Small News | Oct 29, 2025 | RBI, Ujjivan Small Finance Bank
Ujjivan Financial Services, a leading microfinance institution in India, is on the cusp of a significant transformation. To obtain a universal banking licence, the company must undergo a radical change in its DNA. This transformation is crucial for Ujjivan to expand...
by Team Small News | Oct 29, 2025 | Banking
The article “Why Does Everyone Want to Be a Bank Now?” from Bloomberg.com explores the recent trend of non-financial companies seeking to become banks or offer banking services. This phenomenon has been observed in various industries, including technology,...