by newsworm | Feb 7, 2025 | Banking, HDFC Bank, ICICI Bank, RBI, State Bank of India
The Reserve Bank of India (RBI) has reduced the repo rate by 25 basis points, which is a significant move to boost the economy. This rate cut will have a cascading effect on other interest rates, including fixed deposit (FD) rates offered by banks. As a result, now is... by newsworm | Feb 6, 2025 | Bank of Maharashtra, Banking, Central Bank of India, HDFC Bank, ICICI Bank, IndusInd Bank, RBI, Suryoday Small Finance Bank
The Reserve Bank of India’s Monetary Policy Committee (MPC) is expected to consider an interest rate cut for the first time in almost five years at its meeting on February 7. The RBI has maintained the repo rate at 6.5% for 11 consecutive times, citing ongoing... by newsworm | Feb 6, 2025 | Banking, ICICI Bank, Indian Bank
The Economic Offences Wing (EOW) of Crime Branch in Bhubaneswar, India, has arrested a couple, Ashirbad Pattnaik and his wife Manogyan Pattnaik, for allegedly cheating a private bank, ICICI Bank, to the tune of Rs 1.3 crore. The accused couple, allegedly, fraudulently... by newsworm | Jan 28, 2025 | Axis bank, Bank of Baroda, Banking, Canara Bank, HDFC Bank, ICICI Bank, Indian Overseas Bank, Punjab National Bank, State Bank of India, Union Bank of India
Here is a summary of the content in 400 words: The Indian banking industry is a vital part of the country’s economy, with millions of customers receiving a range of financial services. By 2025, Indian banks are expected to continue contributing to economic... by newsworm | Jan 27, 2025 | Banking, ICICI Bank
Here is a summary of the content in 400 words: ICICI Bank Ltd. has reported a significant increase in its net income for the third quarter of fiscal 2025, which ended December 31, 2024. The net income was INR 117.9 billion (approximately $1.4 billion), an 14.8%... by newsworm | Jan 27, 2025 | Au Small Finance Bank, Banking, Canara Bank, ICICI Bank, Union Bank of India
The domestic equity market is expected to open with significant losses on Monday, January 27, following a mixed bag of economic data and earnings reports. The GIFT NIFTY futures are trading at 22,938, down 147.50 points, or 0.64%, which implies that the NIFTY50 index...