by Team Small News | Aug 8, 2025 | Bank of Baroda, Canara Bank, Indian Bank, Punjab National Bank, RBI, State Bank of India, Union Bank of India
Public sector banks (PSBs) in India have written off non-performing assets (NPAs) worth over Rs 4.48 lakh crore in the last four financial years, according to a statement by Minister of State for Finance Pankaj Chaudhary in the Rajya Sabha. The State Bank of India,...
by Team Small News | Aug 7, 2025 | Au Small Finance Bank, State Bank of India
AU Small Finance Bank (AU SFB), India’s largest small finance bank, has formed a strategic partnership with SBI Life Insurance to expand access to comprehensive insurance solutions across the country. This collaboration aims to support the government’s...
by Team Small News | Aug 3, 2025 | State Bank of India
According to a recent report by the State Bank of India (SBI), the credit growth of banks in India is expected to remain low due to the increasing use of alternative funding sources by corporates in the current low-interest-rate regime. The report suggests that...
by Team Small News | Jul 19, 2025 | Canara Bank, Indian Bank, State Bank of India
The Electricity Department of the Andaman & Nicobar Islands has announced that consumers can now transfer their electricity security deposits from the Andaman & Nicobar State Cooperative Bank (ANSCB) to any of the 11 listed Public Sector Banks operating in...
by Team Small News | Jul 12, 2025 | State Bank of India
The Neev II Fund, managed by SBI Ventures Limited, a subsidiary of the State Bank of India, has invested in RETAS Enviro Solutions Private Limited, a climate-tech company based in India. RETAS specializes in modular rainwater harvesting and disaster-resilient...
by Team Small News | Jul 8, 2025 | Bank of Baroda, Canara Bank, Indian Bank, Punjab National Bank, State Bank of India
In a significant move, several major publicly listed banks in India have abolished the requirement of maintaining a minimum balance in savings accounts, thereby removing penalties for non-maintenance of the Average Monthly Balance (AMB). Banks such as Punjab National...