by Team Small News | May 9, 2025 | HDFC Bank
HDFC Bank, one of India’s leading banks, has taken internal corrective measures after discovering that some employees were creating temporary deposit accounts to artificially inflate quarterly deposit numbers. This practice involved using unutilized working...
by Team Small News | May 1, 2025 | HDFC Bank, RBI, Ujjivan Small Finance Bank
India has an estimated 18 crore people who struggle to read and write in their native languages, despite high smartphone penetration. To bridge this gap, banks, startups, and government organizations are leveraging voice-based technology and Artificial Intelligence...
by Team Small News | Apr 30, 2025 | HDFC Bank, ICICI Bank, IndusInd Bank, RBI, State Bank of India
The Reserve Bank of India (RBI) has announced that it will charge fees for ATM transactions exceeding the free limit, effective May 1, 2025. The move aims to cover the costs of owning and maintaining ATMs, as well as providing services to customers of other banks....
by Team Small News | Apr 28, 2025 | DCB Bank, HDFC Bank, RBL Bank
RBL Bank Ltd.’s fourth-quarter earnings for the fiscal year 2025 were disappointing due to increased provisioning in the Microfinance (MFI) and credit card sectors. The bank’s loan growth slowed down to 10% year-over-year (YoY) for the fiscal year 2025,...
by Team Small News | Apr 24, 2025 | Au Small Finance Bank, Equitas Small Finance Bank, HDFC Bank, ICICI Bank, Jana Small Finance Bank, RBI, State Bank of India, Suryoday Small Finance Bank
The recent repo rate cut by the Reserve Bank of India (RBI) has led to a reduction in fixed deposit (FD) interest rates by big banks such as SBI, HDFC, ICICI, and Yes Bank. However, some small finance banks are still offering attractive interest rates of up to 9.10%...
by Team Small News | Apr 15, 2025 | HDFC Bank, ICICI Bank, RBI, State Bank of India
The article previews the fourth-quarter results of Indian banks, including HDFC Bank, ICICI Bank, and State Bank of India (SBI). Analysts expect these lenders to report muted earnings due to pressure on their net interest margins (NIMs). The main reasons for the...