by Team Small News | Jun 3, 2025 | Indian Bank, State Bank of India
The State Bank of India (SBI) and Indian Bank have announced significant changes in their senior management, effective from early June 2025. At SBI, Deputy Managing Director (CCG-I) Gulshan Malik will retire on May 31, 2025, and will be succeeded by Ramesh Srinivas...
by Team Small News | Jun 1, 2025 | Indian Bank
Vietnamese electric vehicle (EV) maker VinFast Auto Ltd. is in talks with India’s state-owned banks to secure a loan of up to $200 million. This loan is part of the company’s proposed $500 million investment in India, as it ramps up plans to establish...
by Team Small News | May 15, 2025 | Bank of Baroda, Indian Bank, Indian Overseas Bank, State Bank of India
State-owned banks in India have seen a significant increase in gold loans during the fiscal year 2025, largely due to the rising prices of gold. The country’s largest public lender, State Bank of India (SBI), reported a 53% increase in personal gold loans,...
by Team Small News | May 8, 2025 | Axis bank, Indian Bank
Axis Bank, one of India’s largest banks, has made history by becoming the first Indian bank to execute an aircraft lease deal for 34 trainer aircraft for Air India. This deal is significant not only for Axis Bank but also for Indian aviation finance, as it marks... by Team Small News | Apr 26, 2025 | Indian Bank, RBI
The Reserve Bank of India (RBI) has imposed penalties on two financial institutions, Indian Bank and Mahindra & Mahindra Financial Services, for non-compliance with regulatory requirements. Indian Bank has been fined Rs 1.61 crore for violating certain provisions... by Team Small News | Apr 15, 2025 | Canara Bank, Indian Bank, Indian Overseas Bank, RBI
In response to the Reserve Bank of India’s (RBI) 25 basis point reduction in the repo rate on April 9, several banks have begun to cut their lending rates, passing on the benefit to their borrowers. Indian Bank was the first to announce a reduction in its...