by Team Small News | Jun 7, 2025 | Bank of Baroda, Punjab National Bank, RBI, UCO Bank
UCO Bank has announced a reduction in its marginal cost of fund-based lending rate (MCLR) by 10 basis points across all tenures, following the Reserve Bank of India’s (RBI) decision to cut the repo rate. The reduced MCLR rates will come into effect from June 10....
by Team Small News | Jun 7, 2025 | Indian Overseas Bank
The Indian Overseas Bank (IOB) has recently renovated its Padipeta branch, located near Tiruchanoor, and the new premises were inaugurated by the bank’s MD and CEO, Ajay Kumar Srivastava. The event took place on Friday and was attended by several dignitaries,...
by Team Small News | Jun 7, 2025 | Punjab National Bank
Many people believe that older individuals are unable to obtain loans, but this is not necessarily the case. In fact, several banks, including Punjab National Bank (PNB), offer loan facilities to senior citizens, even after retirement. PNB’s Personal Loan Scheme...
by Team Small News | Jun 7, 2025 | RBI, Union Bank of India
The Reserve Bank of India’s (RBI) recent policy actions, as reported by Union Bank of India, suggest that the current interest rate cutting cycle has come to an end. The terminal repo rate is expected to settle at 5.50%, assuming a real interest rate of 150... by Team Small News | Jun 7, 2025 | DCB Bank
DCB Bank’s latest quarterly results have been a mixed bag, leaving investors and analysts wondering if they are good or bad. The bank’s financial performance for the quarter ended December 2022 has shown both positive and negative trends. On the positive...