by Team Small News | Jun 20, 2025 | RBI
According to the Reserve Bank of India (RBI), sales of listed private non-financial companies grew by 7.1% in the fourth quarter of 2024-25, compared to 8% growth in the previous quarter and 6.9% in the same quarter of the previous year. This growth was driven by the... by Team Small News | Jun 19, 2025 | Indian Overseas Bank, RBI
The Indian Overseas Bank (IOB) has expanded its presence in Vizianagaram by opening a new branch in the Ring Road area. The branch was inaugurated by Ravi Kumar Gupta, Senior Regional Manager (SRM) of Visakhapatnam Region, on Wednesday. Speaking at the event, Gupta...
by Team Small News | Jun 19, 2025 | Bank of Baroda, HDFC Bank, ICICI Bank, IndusInd Bank, RBI, RBL Bank, State Bank of India
Major banks in India, including State Bank of India (SBI), HDFC Bank, and ICICI Bank, have reduced their interest rates on savings accounts following a 50 basis point repo rate cut by the Reserve Bank of India (RBI) in June 2025. The cumulative rate cut for this year... by Team Small News | Jun 18, 2025 | Central Bank of India, RBI
The business environment is expected to improve for non-banking financial companies (NBFCs) due to two recent developments: the Reserve Bank of India’s (RBI) 50 basis point rate cut and the easing of risk weight norms on unsecured lending. The RBI’s rate... by Team Small News | Jun 17, 2025 | RBI
The Reserve Bank of India (RBI) conducted a government switch auction on Monday, with a notified amount of ₹25,000 crore. However, the RBI only accepted ₹9,296 crore, which is significantly lower than the initial amount planned. This suggests that market participants... by Team Small News | Jun 16, 2025 | RBI
The Reserve Bank of India (RBI) has introduced the Separate Trading of Registered Interest and Principal of Securities (STRIPS) facility in state government bonds, a move that is expected to be a game-changer for insurance companies. STRIPS allows bond traders to...