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A&N Islands’ electricity users can now transfer their security deposits from ANSCB to stable public sector banks.

A&N Islands’ electricity users can now transfer their security deposits from ANSCB to stable public sector banks.

by Team Small News | Jul 19, 2025 | Canara Bank, Indian Bank, State Bank of India

The Electricity Department of the Andaman & Nicobar Islands has announced that consumers can now transfer their electricity security deposits from the Andaman & Nicobar State Cooperative Bank (ANSCB) to any of the 11 listed Public Sector Banks operating in...
A&N Islands’ electricity users can now transfer their security deposits from ANSCB to stable public sector banks.

Break free from minimum balance rules: 5 banks that no longer require a minimum balance for savings accounts

by Team Small News | Jul 8, 2025 | Bank of Baroda, Canara Bank, Indian Bank, Punjab National Bank, State Bank of India

In a significant move, several major publicly listed banks in India have abolished the requirement of maintaining a minimum balance in savings accounts, thereby removing penalties for non-maintenance of the Average Monthly Balance (AMB). Banks such as Punjab National...
Indian Bank and PNB waive off minimum balance fees

Indian Bank and PNB waive off minimum balance fees

by Team Small News | Jul 3, 2025 | Indian Bank, Punjab National Bank

Indian Bank and Punjab National Bank (PNB) have announced significant changes to their savings account policies, aiming to promote financial inclusion and make banking more accessible to all sections of society. Effective July 7, Indian Bank will waive minimum balance...
Arka Fincap appoints Abhik Sinha as its new Chief Human Resources Officer (CHRO)

Arka Fincap appoints Abhik Sinha as its new Chief Human Resources Officer (CHRO)

by Team Small News | Jun 17, 2025 | Equitas Small Finance Bank, HDFC Bank, Indian Bank

Abhik Sinha has been appointed as the Chief Human Resources Officer (CHRO) of Arka Fincap, a Kirloskar Group Company. With a background in human resources, Sinha completed his MBA in HR from IBS, Hyderabad, and holds a BE in Computers from Nagpur University. He began...
SBI Axes Rs 1 Crore Air Accident Insurance for Select Customers from July Onwards

SBI Axes Rs 1 Crore Air Accident Insurance for Select Customers from July Onwards

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....
TMB strengthens its leadership with the appointment of a new additional director

TMB strengthens its leadership with the appointment of a new additional director

by Team Small News | Jun 14, 2025 | Indian Bank, RBI, Tamilnad Mercantile Bank

The Tamilnadu Mercantile Bank Ltd has announced the appointment of K Ramachandran as an additional Non-Executive Independent Director and part-time Chairman of the bank. This appointment has been approved by the Board of Directors and is subject to approval from the...
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