by Team Small News | Sep 19, 2025 | Bank of Baroda, Indian Overseas Bank
Bank of Baroda (BoB) and Indian Overseas Bank (IOB) have made significant adjustments to their Marginal Cost of Fund-based Lending Rate (MCLR), slashing it by up to 15 basis points (0.15%). This revision, which cuts interest rates, will make MCLR-based loans more... by Team Small News | Sep 19, 2025 | Central Bank of India, RBI
The Reserve Bank of India (RBI) has advised state governments to adopt a more strategic approach to borrowing, in light of the record 12 trillion rupees ($135.95 billion) they are set to borrow in fiscal 2026. The central bank has suggested that states spread their... by Team Small News | Sep 19, 2025 | RBI
The Central Bureau of Investigation (CBI) has filed chargesheets against several high-profile individuals, including Anil Ambani, the chairman of the Reliance Group, and Rana Kapoor, the former CEO of Yes Bank, in connection with an alleged loan fraud case. The case... by Team Small News | Sep 19, 2025 | IDBI Bank
IDBI Bank has revised its fixed deposit interest rates, effective from September 19, 2025. The bank offers FD interest rates between 3% and 6.55% for general citizens and between 3.50% and 7.05% for senior citizens, for tenures ranging from 7 days to 10 years. The...
by Team Small News | Sep 19, 2025 | RBI, State Bank of India
A financial inclusion saturation campaign and Know Your Customer (KYC) re-verification program was held at the Heningkunglwa village council hall in Peren district on September 17, 2025. The campaign was organized by the State Bank of India (SBI) Regional Business...