by Team Small News | May 26, 2025 | Canara Bank, RBI
A shocking incident of counterfeit currency has been reported in Agra, Uttar Pradesh. Fake notes were detected at a branch of Canara Bank in the city, and what’s even more alarming is that these notes had reached the Reserve Bank of India (RBI) before being... by Team Small News | May 25, 2025 | Jammu and Kashmir Bank, RBI
IIFL Finance, a non-banking financial company (NBFC), has received regulatory approvals to open branches and expand its credit services in the Union Territory of Jammu & Kashmir. This move aims to provide essential financial services to unbanked and underbanked...
by Team Small News | May 25, 2025 | RBI, Union Bank of India
According to a report by the Union Bank of India (UBI), the Indian economy is expected to grow at a rate of 7.0% in the fourth quarter of the financial year 2025, up from 6.2% in the third quarter. This growth is driven by an improvement in Gross Value Added (GVA)...
by Team Small News | May 25, 2025 | Central Bank of India, RBI, State Bank of India
The Reserve Bank of India (RBI) has made a record dividend payout of nearly Rs 2.7 trillion to the government, surpassing expectations. According to a report by the State Bank of India (SBI), this surplus transfer was made possible due to robust gross dollar sales,... by Team Small News | May 24, 2025 | RBI
Banks across India will be closed on May 24, as it falls on the fourth Saturday of the month. According to the Reserve Bank of India’s (RBI) official calendar, all banks regulated by the RBI remain shut on the second and fourth Saturdays of every month. This...
by Team Small News | May 24, 2025 | Central Bank of India, RBI, State Bank of India
The Reserve Bank of India (RBI) has made a historic dividend payout of approximately Rs 2.7 trillion to the government, fueled by strong sales of US dollars, high foreign exchange gains, and steady rises in interest income. According to a report by the State Bank of...