by Team Small News | Apr 4, 2025 | Banking, Central Bank of India, RBI
A recent report from the Reserve Bank of India (RBI) indicates a significant increase in the country’s foreign exchange reserves. As of March 28, the reserves rose to $665.4 billion, a five-month high, with an addition of $6.56 billion. This growth is... by Team Small News | Apr 3, 2025 | Banking, Equitas Small Finance Bank, RBI
Equitas Small Finance Bank has announced the appointment of Balaji Nuthalapadi as Executive Director – Technology and Operations, effective March 29, 2025. This strategic move aims to strengthen the bank’s digital transformation, operational efficiency,... by Team Small News | Apr 3, 2025 | Banking, RBI
The interest rates on Fixed Deposits (FDs) in India may be reduced, with Yes Bank being the first to introduce a cut of 0.25% (25 basis points) on certain FD tenures. This could be a sign of things to come, as the Reserve Bank of India (RBI) may decide to cut the repo... by Team Small News | Apr 1, 2025 | Banking, RBI
According to the Reserve Bank of India (RBI), a significant majority of the Rs 2000 banknotes have been returned to the banking system. As of March 31, 2025, only Rs 6,366 crore worth of these notes remain with the public. This represents a decline from the initial... by Team Small News | Mar 31, 2025 | Banking, RBI
The Philox, a digital watchdog group, has filed a complaint with the Reserve Bank of India (RBI) and the Securities and Exchange Board of India (SEBI) against Pi Network, a cryptocurrency that has allegedly misled over 10 million Indian consumers since its founding in... by Team Small News | 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Reliance Capital’s lenders have withdrawn their petition against IndusInd International Holdings Ltd (IIHL) before the National Company Law Appellate Tribunal (NCLAT).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...