by Team Small News | May 5, 2025 | RBI, RBL Bank, Union Bank of India
Several banks in India have been increasing interest rates on fixed deposits (FDs) to attract customers and stay competitive in the market. Two banks, RBL Bank and Union Bank of India, are offering high interest rates of up to 8.5% on FDs to select customers. This...
by Team Small News | Apr 24, 2025 | Central Bank of India, RBI, Union Bank of India
The minutes of the Monetary Policy Committee (MPC) meeting, held on April 7-9, reflect a dovish tone, with growth taking center stage in the Reserve Bank of India’s (RBI) policy approach. The MPC appears more confident that inflation will move towards the 4%...
by Team Small News | Apr 10, 2025 | Banking, Union Bank of India
According to a report by Union Bank of India, wholesale price index (WPI) inflation is expected to ease to 2.1% year-on-year in March 2025, down from 2.4% in February. This moderation is mainly attributed to a seasonal decline in food prices, particularly in the...
by Team Small News | Apr 9, 2025 | Banking, Union Bank of India
The Union Bank of India has opened a new zonal office in Coimbatore, Tamil Nadu. This move is a part of the bank’s expansion plan to increase its presence in the Southern region. The inauguration of the new zonal office was attended by Union Bank of...
by Team Small News | Apr 8, 2025 | Banking, Union Bank of India
The Union Bank of India has made a remarkable announcement by empowering its specially abled staff to participate in the Mt. Everest Expedition 2025. This initiative is a testament to the bank’s commitment to inclusivity and diversity, demonstrating its...
by Team Small News | Apr 8, 2025 | Axis bank, Banking, Central Bank of India, HDFC Bank, ICICI Bank, Indian Overseas Bank, Punjab National Bank, RBI, Union Bank of India
The Reserve Bank of India (RBI) is set to announce its first monetary policy for the financial year 2025-26 on April 9, with markets and economists expecting a repo rate reduction of at least 25 basis points. This could lead to a decrease in home loan interest rates,...