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...
by Team Small News | Aug 7, 2025 | Au Small Finance Bank, State Bank of India
AU Small Finance Bank (AU SFB), India’s largest small finance bank, has formed a strategic partnership with SBI Life Insurance to expand access to comprehensive insurance solutions across the country. This collaboration aims to support the government’s... by Team Small News | Aug 7, 2025 | RBI
The Reserve Bank of India (RBI) is facing a pressing priority to support economic growth, with domestic demand and the global trade environment signaling the need for intervention. While the RBI has responded well to economic challenges with timely rate moves, it is...