by Team Small News | Jun 7, 2025 | Central Bank of India, RBI, State Bank of India
The Reserve Bank of India (RBI) made a surprise announcement on June 6, as Governor Sanjay Malhotra revealed the Monetary Policy Committee’s (MPC) decision to reduce the repo rate by 50 basis points (bps) to 5.5%. This move is expected to provide relief to loan...
by Team Small News | Jun 4, 2025 | Bank of Baroda, Canara Bank, Punjab National Bank, State Bank of India
Punjab National Bank (PNB), the second-largest public sector lender, has revised its fixed deposit (FD) interest rates for general citizens and senior citizens. The bank now offers FD interest rates ranging from 3.5% to 6.9% for general citizens. The highest return of...
by Team Small News | Jun 3, 2025 | Indian Bank, State Bank of India
The State Bank of India (SBI) and Indian Bank have announced significant changes in their senior management, effective from early June 2025. At SBI, Deputy Managing Director (CCG-I) Gulshan Malik will retire on May 31, 2025, and will be succeeded by Ramesh Srinivas...
by Team Small News | May 31, 2025 | State Bank of India
A 54-year-old homemaker, Bindu C.D., has filed a complaint with the Sadashivanagar police in Bengaluru, alleging that 145 grams of gold and diamond valuables have gone missing from her bank locker at the State Bank of India (SBI) branch in Dollars Colony. The incident...
by Team Small News | May 31, 2025 | State Bank of India
The Indian economy is expected to remain the fastest-growing major economy in the fiscal year 2026, driven by its sound macroeconomic fundamentals, robust financial sector, and commitment to sustainable growth. According to a report by the State Bank of India (SBI),...
by Team Small News | May 30, 2025 | RBI, State Bank of India
According to a recent economic research report by the State Bank of India (SBI), the net financial savings of the household sector in India is expected to reach ₹22 lakh crore, or 6.5% of the Gross National Disposable Income (GNDI), in the financial year 2024-25. This...