by Team Small News | Dec 28, 2025 | Bank of Baroda, Bank of Maharashtra, IDBI Bank, Indian Overseas Bank, Oriental Bank of Commerce, Punjab National Bank, State Bank of India, UCO Bank
The Government of India is preparing for the next round of consolidation of public sector banks (PSU banks) with the goal of creating large, globally competitive lenders. The aim is to support India’s long-term economic ambitions and achieve the vision of a... by Team Small News | Dec 6, 2025 | IDBI Bank, Kotak Mahindra Bank
The Indian government is set to take a significant step towards privatizing IDBI Bank Ltd. by inviting bids for its majority stake, valued at $7.1 billion. This move is part of the government’s broader divestment strategy, which aims to reduce its stake in...
by Team Small News | Nov 19, 2025 | Bandhan Bank, Bank of Maharashtra, IDBI Bank, IDFC Bank, IndusInd Bank, RBI, RBL Bank
India’s microfinance sector is facing a severe crisis, with at least half a dozen companies defaulting on bank loans due to asset quality stress and funding crunch. These companies, including VFS Capital, Navachetana Microfin Services, and Arth Finance, are...
by Team Small News | Oct 25, 2025 | IDBI Bank, Kotak Mahindra Bank, RBL Bank
Kotak Mahindra Bank has reportedly completed its due diligence process to acquire the government’s stake in IDBI Bank, making it a strong contender in the race to take over the bank. The due diligence process involved reviewing confidential information such as...
by Team Small News | Oct 22, 2025 | Bank of Baroda, Canara Bank, IDBI Bank, Punjab National Bank, State Bank of India
The Indian government’s plan to merge nine public sector banks into three large banks, namely State Bank of India, Punjab National Bank, and Canara Bank, has sparked concern among customers and employees. The move, aimed at enabling these banks to compete with...
by Team Small News | Oct 17, 2025 | Axis bank, HDFC Bank, ICICI Bank, IDBI Bank, IDFC Bank, IndusInd Bank, Jammu and Kashmir Bank, Punjab National Bank, RBL Bank
On October 18, 10 banks in India, including both private and public sector lenders, are set to announce their September quarter earnings. The list of banks includes HDFC Bank, ICICI Bank, YES Bank, Punjab National Bank, IDFC First Bank, IndusInd Bank, IDBI Bank, The...