by Team Small News | Aug 8, 2025 | Bank of Baroda, Canara Bank, Indian Bank, Punjab National Bank, RBI, State Bank of India, Union Bank of India
Public sector banks (PSBs) in India have written off non-performing assets (NPAs) worth over Rs 4.48 lakh crore in the last four financial years, according to a statement by Minister of State for Finance Pankaj Chaudhary in the Rajya Sabha. The State Bank of India,...
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...
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...
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...
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...
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....