by Team Small News | Apr 23, 2025 | RBI
The Reserve Bank of India (RBI) has relaxed norms for Indian exporters using Bharat Mart, a UAE-based marketplace, to facilitate easier exports and repatriation of funds. Bharat Mart is a multimodal logistics network-based marketplace that provides Indian traders,...
by Team Small News | Apr 23, 2025 | Bank of Baroda, IDBI Bank, Punjab and Sind Bank, RBI, State Bank of India
Several banks in India have introduced or extended special fixed deposit (FD) schemes, offering investors attractive interest rates for specific durations. These schemes are similar to regular term deposits but are available only for a limited time and often come with...
by Team Small News | Apr 15, 2025 | HDFC Bank, ICICI Bank, RBI, State Bank of India
The article previews the fourth-quarter results of Indian banks, including HDFC Bank, ICICI Bank, and State Bank of India (SBI). Analysts expect these lenders to report muted earnings due to pressure on their net interest margins (NIMs). The main reasons for the...
by Team Small News | Apr 15, 2025 | Bank of Baroda, Punjab National Bank, RBI, State Bank of India
The Reserve Bank of India (RBI) has slashed its repo rate by 50 basis points, marking the end of the high interest rate regime in the country. This move has led to a cascade effect, with several banks, including public and private sector lenders, cutting their lending... 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 14, 2025 | Bank of Maharashtra, RBI, State Bank of India
The State Bank of India (SBI), Bank of India, and Bank of Maharashtra have announced a reduction in their lending rates by 25 basis points (bps) following the Reserve Bank of India’s (RBI) decision to lower the repo rate last week. This move aims to make loans...