by Team Small News | Jun 22, 2025 | Bank of Maharashtra, Central Bank of India
A youth from Indore, Madhya Pradesh, named Bharat alias Bablu, attempted to rob two ATM machines in one night to fund his upcoming wedding. However, his plan was foiled when a security alarm alerted the police during his second attempt. The incident occurred in the...
by Team Small News | Jun 18, 2025 | Central Bank of India
The Andhra Pradesh High Court has ruled in favor of the Central Bank of India, upholding its right to recover secured debts by selling mortgaged assets under the Recovery of Debts and Bankruptcy Act, 1993 (RDB Act). The court held that this right assumes priority over... 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...