by Team Small News | Jun 14, 2025 | Equitas Small Finance Bank, RBI
The Board of Equitas Small Finance Bank is set to consider raising additional capital to support its growth plans and meet regulatory requirements. The bank, which commenced operations in 2017, has been expanding its presence in the small finance banking space,... by Team Small News | Jun 14, 2025 | RBI
The Reserve Bank of India (RBI) has introduced new guidelines aimed at enhancing customer security and improving banking services. As per the RBI KYC (Amendment) Directions 2025, effective from January 1, 2026, banks and regulated institutions will be required to...
by Team Small News | Jun 14, 2025 | Indian Bank, RBI, Tamilnad Mercantile Bank
The Tamilnadu Mercantile Bank Ltd has announced the appointment of K Ramachandran as an additional Non-Executive Independent Director and part-time Chairman of the bank. This appointment has been approved by the Board of Directors and is subject to approval from the... by Team Small News | Jun 13, 2025 | Bank of Maharashtra, RBI
The Bank of Maharashtra, a state-owned bank, has announced a reduction in interest rates on various retail loans, including home, car, education, and other loans that are linked to the Repo Linked Lending Rate (RLLR). This move is in line with the Reserve Bank of... by Team Small News | Jun 12, 2025 | Indian Overseas Bank, RBI
The Indian Overseas Bank (IOB) has announced a significant reduction in its Repo Linked Lending Rate (RLLR) following a meeting of its Asset Liability Management Committee (ALCO) on Wednesday. The RLLR has been cut by 50 basis points, from 8.85% to 8.35%. This change... by Team Small News | Jun 12, 2025 | Punjab National Bank, RBI
Ashok Chandra, the Managing Director and CEO of Punjab National Bank (PNB), believes that the pressure on the bank’s Net Interest Margin (NIM) will ease in the third quarter of the current financial year. This is due to the reduction in policy rates by the...