by Team Small News | Aug 14, 2025 | Jammu and Kashmir Bank, RBI
The Indian Chamber of Commerce (ICC) Jammu recently presented a detailed representation of the economic and sectoral concerns of Micro, Small and Medium Enterprises (MSMEs) to the Reserve Bank of India (RBI) during its 67th Empowered Committee Meeting. Led by Chairman... 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 9, 2025 | RBI
The Reserve Bank of India (RBI) Deputy Governor, M Rajeshwar Rao, recently commended the performance of banks in Jharkhand in the ongoing re-KYC (Know Your Customer) drive. The drive, which began on July 1, aims to update customer information and promote financial... by Team Small News | Aug 8, 2025 | Au Small Finance Bank, RBI
AU Small Finance Bank has received an “in-principle” approval from the Reserve Bank of India (RBI) to transition into a “universal bank” status. This approval is a significant milestone in the bank’s journey, as it paves the way for the...
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 | Aug 7, 2025 | RBI
The Reserve Bank of India (RBI) is facing a pressing priority to support economic growth, with domestic demand and the global trade environment signaling the need for intervention. While the RBI has responded well to economic challenges with timely rate moves, it is...