by Team Small News | Apr 8, 2025 | Bank of Baroda, Banking, Equitas Small Finance Bank, RBI, State Bank of India
Equitas Small Finance Bank (Equitas SFB) has reduced its lending rates for personal and business loans, in line with the several other banks that have cut their rates recently. In recent days, several banks including top 5 lenders, banks, have slashed interest rates...
by Team Small News | Apr 8, 2025 | Axis bank, Banking, Central Bank of India, HDFC Bank, ICICI Bank, Indian Overseas Bank, Punjab National Bank, RBI, Union Bank of India
The Reserve Bank of India (RBI) is set to announce its first monetary policy for the financial year 2025-26 on April 9, with markets and economists expecting a repo rate reduction of at least 25 basis points. This could lead to a decrease in home loan interest rates,... by Team Small News | Apr 8, 2025 | Banking, Canara Bank, Indian Bank, RBI
The National Company Law Appellate Tribunal (NCLAT) has ruled that state-owned Canara Bank and Indian Bank can pursue proceedings against former directors of Infrastructure Leasing & Financial Services (IL&FS) who are not part of the new board to declare... by Team Small News | Apr 7, 2025 | Banking, RBI
The Reserve Bank of India (RBI) is set to review its monetary policy on April 9, which may lead to a rate cut. This could result in fixed deposit (FD) rates declining, reducing returns for new depositors. Currently, many banks are offering FD rates between 7% and... by Team Small News | Apr 7, 2025 | Banking, HDFC Bank, RBI
HDFC Bank has reduced its marginal cost of fund-based lending rate (MCLR) by 10 basis points across various tenures, effective Monday. The revised MCLR range now stands at 9.10-9.35%. The one-year MCLR, which is commonly used for pricing corporate loans, has decreased... by Team Small News | Apr 7, 2025 | Banking, RBI
The Reserve Bank of India (RBI) has launched a verified WhatsApp channel as part of its public awareness initiative, “RBI Kehta Hai” (RBI Says). The channel aims to provide essential financial information to people across various geographical locations,...