by Team Small News | Aug 9, 2025 | RBI
The Reserve Bank of India (RBI) Deputy Governor, M Rajeshwar Rao, recently commended the performance of banks in Jharkhand in the ongoing re-KYC (Know Your Customer) drive. The drive, which began on July 1, aims to update customer information and promote financial...
by Team Small News | Aug 9, 2025 | State Bank of India
Public Sector Undertaking (PSU) banks in India, led by the State Bank of India (SBI), have reported a significant increase in their profits for the first quarter (Q1) of the current financial year. According to recent data, PSU banks have collectively logged a profit... by Team Small News | Aug 8, 2025 | Au Small Finance Bank, RBI
AU Small Finance Bank has received an “in-principle” approval from the Reserve Bank of India (RBI) to transition into a “universal bank” status. This approval is a significant milestone in the bank’s journey, as it paves the way for the...
by Team Small News | Aug 8, 2025 | Bank of Baroda, Canara Bank, Indian Bank, Punjab National Bank, RBI, State Bank of India, Union Bank of India
Public sector banks (PSBs) in India have written off non-performing assets (NPAs) worth over Rs 4.48 lakh crore in the last four financial years, according to a statement by Minister of State for Finance Pankaj Chaudhary in the Rajya Sabha. The State Bank of India,...
by Team Small News | Aug 8, 2025 | HDFC Bank, Kotak Mahindra Bank, RBL Bank
An employee of RBL Bank, Dolly Kotak, has been arrested in Mumbai for allegedly trying to extort Rs 1 crore from her former partner by falsely accusing him of rape. The victim, an IT professional, claims that Kotak illegally accessed his financial data and got him...