by Team Small News | May 15, 2025 | Punjab and Sind Bank
PSB Academy, a leading private education institution in Singapore, has launched the “Beyond60” initiative, a comprehensive scholarship program aimed at empowering deserving individuals to pursue higher education. The S$2.1 million initiative will fully...
by Team Small News | May 15, 2025 | HDFC Bank, ICICI Bank, RBI, State Bank of India
The Reserve Bank of India (RBI) has released a draft circular on project finance, which is expected to significantly impact major banks in India, including HDFC, ICICI, and SBI. The new guidelines aim to improve the lending practices of banks and reduce the risk of...
by Team Small News | May 15, 2025 | Bank of Baroda, Indian Bank, Indian Overseas Bank, State Bank of India
State-owned banks in India have seen a significant increase in gold loans during the fiscal year 2025, largely due to the rising prices of gold. The country’s largest public lender, State Bank of India (SBI), reported a 53% increase in personal gold loans,...
by Team Small News | May 14, 2025 | Axis bank, Bank of Maharashtra, Canara Bank, HDFC Bank, ICICI Bank, RBI, Union Bank of India
The Reserve Bank of India (RBI) has mandated that all retail floating-rate loans, including home loans, be linked to an external benchmark, typically the RBI’s repo rate, since October 1, 2019. This means that when the RBI reduces the repo rate, banks are... by Team Small News | May 14, 2025 | Kotak Mahindra Bank
Kotak Mahindra Bank has announced significant changes to its credit card charge structure, effective June 1, 2025. The new rules introduce fees for various transactions, including auto-debit failures, dynamic currency conversions, utility bill payments, education...