by newsworm | Mar 30, 2025 | Banking, IndusInd Bank, RBI
Reliance Capital’s lenders have withdrawn their petition against IndusInd International Holdings Ltd (IIHL) before the National Company Law Appellate Tribunal (NCLAT). This move came after the Committee of Creditors (CoC) informed NCLAT that IIHL had...
by newsworm | Mar 30, 2025 | Banking, RBI, Suryoday Small Finance Bank
Suryoday Small Finance Bank (SSFB) has successfully completed a deal to sell a stressed loan portfolio worth ₹80.59 crores to Edelweiss Asset Reconstruction Company Ltd. (EARC). As of February 28, 2025, the principal outstanding value of the loan portfolio was ₹80.59... by newsworm | Mar 30, 2025 | Banking, Jammu & Kashmir Bank, RBI
The Reserve Bank of India (RBI) has announced that all branches of Jammu and Kashmir Bank will be open on March 30 and 31, 2025. This decision aims to facilitate year-end banking transactions for customers, making it easier for them to complete their transactions...
by newsworm | Mar 29, 2025 | Banking, RBI, Ujjivan Small Finance Bank
Ujjivan Small Finance Bank has announced its quarterly earnings schedule for the fourth quarter (Q4) of 2022-23. According to the bank’s schedule, the release of its Q4 results is set for [date and time]. As a private sector lender, Ujjivan Small Finance Bank is... by newsworm | Mar 29, 2025 | Banking, RBI
The Reserve Bank of India (RBI) has indicated that it may lower interest rates again, potentially leading to lower loan costs for consumers. The news came after the new RBI governor, Sanjay Malhotra, announced a rate cut, and experts believe that there is room for... by newsworm | Mar 29, 2025 | Banking, RBI
The Reserve Bank of India (RBI) has announced an increase in the aggregate limit for Standalone Primary Dealers (SPDs) under the Standing Liquidity Facility starting April 2, 2025. The new limit will be ₹15,000 crore, up from the current ₹10,000 crore. This move is...