by Team Small News | May 17, 2025 | RBI
The Reserve Bank of India (RBI) has released the minutes of the Monetary Policy Committee (MPC) meeting, which took place from April 7-9, 2025. The meeting resulted in a 25 basis point cut in the repo rate to 6% and a shift in the policy stance from... by Team Small News | May 17, 2025 | Central Bank of India, RBI
The Reserve Bank of India (RBI) has imposed penalties on two banks, Deutsche Bank AG, India and Yes Bank, for non-compliance with certain regulatory norms. The penalties were announced on Friday, with Deutsche Bank AG, India facing a fine of Rs 50 lakh (approximately...
by Team Small News | May 17, 2025 | Banking
CIC Insurance Brokers (Guyana) Inc. has partnered with the Demerara Cricket Board (DCB) to sponsor the upcoming Independence T10 Cup, set to take place on May 25 at the LBI Ground. The event aims to raise funds for the growth and development of cricket in the county....
by Team Small News | May 16, 2025 | Banking
The Demerara Cricket Board (DCB) has received another boost in its preparation for the upcoming Independence T10 Cup, scheduled for May 25 at the LBI Ground, East Coast Demerara. L. Mahabeer and Son Cambio, a local business, has become the latest establishment to...
by Team Small News | May 16, 2025 | Jana Small Finance Bank, RBI, Suryoday Small Finance Bank, Utkarsh Small Finance Bank
In 2025, the Reserve Bank of India (RBI) reduced the repo rate by 50 basis points, leading to a decrease in lending and deposit rates across the banking sector. As a result, many major banks have lowered interest rates on fixed deposits (FDs), affecting the returns...