by Team Small News | Mar 21, 2025 | Banking, RBI, State Bank of India
The Reserve Bank of India (RBI) is likely to cut its repo rate by an additional 75 basis points (0.75%) in the 2025-26 fiscal year, starting from April 1, according to SBI Research. This is based on the research firm’s analysis of the current repo rate cut...
by Team Small News | Mar 21, 2025 | Banking, RBI, Union Bank of India
A research report by the Union Bank of India suggests that India’s economy may be shielded from the full impact of US trade tensions due to its trade balance with the US. However, the final impact will depend on the contours of a trade deal between the two... by Team Small News | Mar 21, 2025 | Banking, IndusInd Bank, RBI
IndusInd Bank is set to appoint an independent firm to investigate discrepancies in its derivatives business, following a Reserve Bank of India (RBI) directive. The bank had been under scrutiny after it was found to have deviated from the regulatory norms and... by Team Small News | Mar 20, 2025 | Banking, Jammu and Kashmir Bank, RBI
To mark World Consumer Rights Day on March 15th, Jammu and Kashmir Bank has launched a month-long awareness campaign to educate its customers about their rights and grievance redressal mechanisms. The initiative is aligned with the Reserve Bank of India’s (RBI)... by Team Small News | Mar 20, 2025 | Banking, RBI
A recent news report by Lokmat Times has sparked speculation that Indian banks will switch to a 5-day workweek starting from April 2025, citing a new regulation allegedly issued by the Reserve Bank of India (RBI). According to the report, banks would remain closed on... by Team Small News | Mar 19, 2025 | Bank of Maharashtra, Banking, Indian Overseas Bank, Punjab National Bank, RBI
Indian Overseas Bank has received approval from its board to raise Rs 10,000 crores through the issuance of long-term infrastructure bonds. The funds will be used to finance and refinance infrastructure and affordable housing projects. This move is part of the...