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...
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 12, 2025 | Central Bank of India, Indian Bank, Punjab National Bank, RBI, UCO Bank
The Reserve Bank of India (RBI) has cut interest rates for the second consecutive time, and as a result, four government banks have reduced their interest rates. The affected banks include Punjab National Bank, Bank of India, Indian Bank, and UCO Bank. This decision... by Team Small News | Apr 11, 2025 | Bank of Baroda, Banking, Indian Bank, Punjab National Bank, RBI
The Reserve Bank of India (RBI) recently cut the repo rate, leading to expectations of cheaper loans for account holders. Now, three major government banks – Bank of Baroda, Indian Bank, and Punjab National Bank – have announced a reduction in interest... by Team Small News | Apr 10, 2025 | Banking, Canara Bank, Indian Bank, RBI
The National Company Law Appellate Tribunal (NCLAT) has passed an order allowing state-owned Canara Bank and Indian Bank to proceed with declaring former directors of Infrastructure Leasing & Financial Services (IL&FS) as willful defaulters, but only if they...
by Team Small News | Apr 10, 2025 | Bank of Baroda, Banking, Indian Bank, Punjab National Bank, RBI, UCO Bank
The Bank of Baroda (BoB) has announced that it will pass on the benefits of the recent RBI rate cut to its customers immediately. Following the RBI’s decision to reduce the repo rate by 25 basis points, several public sector banks, including Punjab National...