by Team Small News | Aug 10, 2025 | Au Small Finance Bank, Bandhan Bank, IDFC Bank, RBI
The Reserve Bank of India (RBI) has granted AU Small Finance Bank an in-principle approval for a universal bank licence, marking the first such approval in 10 years. This development is significant, as it paves the way for AU Small Finance Bank to expand its... by Team Small News | Aug 4, 2025 | Central Bank of India, IDFC Bank, RBI
The Reserve Bank of India (RBI) is set to reverse a $5 billion dollar-rupee buy-sell swap on Monday, which could potentially drain ₹43,000 crore from the banking system. The operation is the second leg of a six-month swap, where the RBI initially purchased dollars in...
by Team Small News | Jun 12, 2025 | IDFC Bank
IDFC First Bank has reported a mixed performance in its recent financial results, amid challenges in lending and an adjustment in evaluation parameters. The bank’s net profit for the quarter increased by 38% year-on-year (YoY) to ₹293 crore, driven by a 13% YoY... by Team Small News | Jun 10, 2025 | IDFC Bank, Kotak Mahindra Bank
Kotak Mahindra Bank, a private sector lender, has announced changes in its senior management personnel. Mr. Paul Parambi, the current Group Chief Risk Officer (GCRO), will be retiring on June 30, 2025, and will cease to be a senior management personnel of the bank....
by Team Small News | Apr 12, 2025 | Axis bank, Bank of Baroda, HDFC Bank, ICICI Bank, IDBI Bank, IDFC Bank, Indian Bank, IndusInd Bank, State Bank of India
A major outage affected several UPI (Unified Payments Interface) apps on Saturday, preventing users from sending and receiving money. According to data from Downdetector, a website that tracks app outages, over 2,300 reports of UPI issues were submitted around 1 PM....
by Team Small News | Apr 9, 2025 | Banking, HDFC Bank, ICICI Bank, IDFC Bank
Fourth Quarter Results Update for Top Indian Banks The fourth quarter of the year is a crucial period for banks as they announce their earnings results. Here’s an update on key Indian banks that are set to release their quarterly results: HDFC Bank: Fourth...