by Team Small News | Jun 12, 2025 | IDFC Bank
IDFC First Bank has reported a mixed performance in its recent financial results, amid challenges in lending and an adjustment in evaluation parameters. The bank’s net profit for the quarter increased by 38% year-on-year (YoY) to ₹293 crore, driven by a 13% YoY...
by Team Small News | Jun 12, 2025 | Banking
In a significant development in the phone tapping case in Hyderabad, former Special Intelligence Branch (SIB) chief T Prabhakar Rao has admitted that a special operations team (SOT) within the SIB was involved in political surveillance during his tenure. Rao, who was... by Team Small News | Jun 12, 2025 | Indian Overseas Bank, RBI
The Indian Overseas Bank (IOB) has announced a significant reduction in its Repo Linked Lending Rate (RLLR) following a meeting of its Asset Liability Management Committee (ALCO) on Wednesday. The RLLR has been cut by 50 basis points, from 8.85% to 8.35%. This change... by Team Small News | Jun 12, 2025 | Punjab National Bank, RBI
Ashok Chandra, the Managing Director and CEO of Punjab National Bank (PNB), believes that the pressure on the bank’s Net Interest Margin (NIM) will ease in the third quarter of the current financial year. This is due to the reduction in policy rates by the...
by Team Small News | Jun 12, 2025 | Bank of Baroda
The Economic Times has reported that Bank of Baroda has emerged as the top bidder in the insolvency auction of Jet Airways’ BKC office in Mumbai. The auction was held as part of the ongoing insolvency proceedings against the grounded airline. The Bank of...