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...
by Team Small News | Jul 6, 2025 | State Bank of India
In a brazen heist, six masked men stole an entire State Bank of India ATM containing approximately Rs 18 lakh in cash from Ajitgarh town in Rajasthan’s Sikar district. The incident occurred between 2 am and 2:30 am, and the entire operation was executed in just...
by Team Small News | Jul 5, 2025 | State Bank of India, Union Bank of India
Fixed Deposits (FDs) have been a popular investment option for individuals seeking stable and assured returns. However, with the rise of mutual funds and equities, traditional FDs have seen a decline in investor interest. To counter this trend, several banks have...