by Team Small News | Jun 18, 2025 | Central Bank of India, RBI
The business environment is expected to improve for non-banking financial companies (NBFCs) due to two recent developments: the Reserve Bank of India’s (RBI) 50 basis point rate cut and the easing of risk weight norms on unsecured lending. The RBI’s rate...
by Team Small News | Jun 17, 2025 | Central Bank of India, Indian Bank, Karnataka Bank, South Indian Bank, State Bank of India, UCO Bank
SBI Card has announced significant changes to its credit card policies, effective July 15, 2025, which will impact both premium and co-branded credit card users. One of the major changes is the discontinuation of complimentary air accident insurance on several cards....
by Team Small News | Jun 12, 2025 | Central Bank of India
Vedanta Aluminium, India’s leading aluminium producer, has partnered with the Central Bank of India to provide collateral-free loans to its customers, particularly Micro, Small and Medium Enterprises (MSMEs), through its subsidiary, BALCO. The partnership aims...
by Team Small News | Jun 7, 2025 | Central Bank of India, RBI, State Bank of India
The Reserve Bank of India (RBI) made a surprise announcement on June 6, as Governor Sanjay Malhotra revealed the Monetary Policy Committee’s (MPC) decision to reduce the repo rate by 50 basis points (bps) to 5.5%. This move is expected to provide relief to loan...
by Team Small News | Jun 7, 2025 | Central Bank of India
The Federal Reserve is facing a significant challenge with its balance sheet, reporting a whopping $1.06 trillion in unrealized losses. The New York Federal Reserve Bank, which handles the Fed’s bond transactions, disclosed the losses, attributing them to the...
by Team Small News | Jun 3, 2025 | Central Bank of India
The National Company Law Appellate Tribunal (NCLAT) has overturned the National Company Law Tribunal’s (NCLT) orders regarding the forensic audit and change of resolution professional for Golden Tobacco, a debt-ridden cigarette manufacturer. The NCLAT has set...