Search results for 'State Bank of India'

ED wants speedy trial against P Chidambaram in PMLA cases

ED wants speedy trial against P Chidambaram in PMLA cases

Rediff.com26 Feb 2026

The Enforcement Directorate (ED) is seeking an expedited trial against Congress leader P Chidambaram in the Aircel-Maxis and INX Media money laundering cases, having submitted the required prosecution sanction to the court.

Forex Reserves Rise $14 Billion In Best Week In 10 Months: RBI

Forex Reserves Rise $14 Billion In Best Week In 10 Months: RBI

Rediff.com24 Jan 2026

The total reserves increased to $701.3 billion on the back of a rise in foreign currency assets which increased by $9.6 billion to $560 billion during the reported week.

'2025 could be largest IPO year in Indian history'

'2025 could be largest IPO year in Indian history'

Rediff.com4 Nov 2025

Indian capital markets are witnessing a boom in IPO activity in 2025, with the current calendar year being expected to be the largest IPO year in India's history, according to India heads of foreign banks on Wednesday.

If language pride is a 'disease'...: Raj Thackeray slams RSS chief

If language pride is a 'disease'...: Raj Thackeray slams RSS chief

Rediff.com10 Feb 2026

In a post on X, Thackeray also claimed that those who attended Bhagwat's programme in Mumbai on February 7-8 to mark the RSS centenary did not come out of love for him but due to the fear of Narendra Modi's government.

Sensex dips 31 points amid relentless foreign fund outflows

Sensex dips 31 points amid relentless foreign fund outflows

Rediff.com3 Dec 2025

From the Sensex firms, Bharat Electronics, Mahindra & Mahindra, Titan, NTPC, State Bank of India, Adani Ports, Tata Motors Passenger Vehicles and Bajaj Finserv were among the major laggards. Tata Consultancy Services, ICICI Bank, Infosys and HDFC Bank were among the gainers.

Bharti Leads CY25 Market-Cap Surge

Bharti Leads CY25 Market-Cap Surge

Rediff.com10 Jan 2026

All three Bharti group companies outperformed in CY25 but the biggest gain came from Bharti Airtel, the flagship.

Five Risks For The Indian Economy

Five Risks For The Indian Economy

Rediff.com22 Jan 2026

India has managed high government debt-to-GDP, a slowing domestic revenue engine, lower household savings and a more hostile geopolitical environment separately in the past. But together, they threaten to undo the growth narrative on which today's optimism rests, warns Debashis Basu.

ED restores over Rs 300 crore for ex-employees of Kingfisher Airlines

ED restores over Rs 300 crore for ex-employees of Kingfisher Airlines

Rediff.com19 Dec 2025

The Enforcement Directorate on Thursday said it has restituted funds worth more than Rs 300 crore towards long-pending dues of the former workers of now defunct Kingfisher Airlines that was promoted by fugitive liquor baron Vijay Mallya.

'China Wants India On A Tight Leash'

'China Wants India On A Tight Leash'

Rediff.com15 Jan 2026

'China's basic purpose of taking the Shaksgam Valley was access to the Indian Ocean.'

Know This About The 2027 Census

Know This About The 2027 Census

Rediff.com2 Feb 2026

2027's housing census trims questions but adds digital-age indicators like Internet and smartphones.

BofA In SEBI Probe Over Confidential Deal Data Leak

BofA In SEBI Probe Over Confidential Deal Data Leak

Rediff.com8 Jan 2026

India's market regulator has found that Bank of America shared confidential details ahead of a 2024 block trade and later misled regulators during the investigation.

RBI's policy dilemma: To look at inflation or growth for rate action

RBI's policy dilemma: To look at inflation or growth for rate action

Rediff.com26 Nov 2025

The consumer price index (CPI)-based inflation hitting an all-time low in October would encourage the six-member monetary policy committee (MPC) of the Reserve Bank of India (RBI) to cut the policy repo rate in its upcoming December 3-5 meeting. However, the July-September GDP growth, expected to be above 7 per cent, may act as a deterrent.

Gogoi underwent 'some kind of training in Pak': Sarma

Gogoi underwent 'some kind of training in Pak': Sarma

Rediff.com8 Feb 2026

Assam Chief Minister Himanta Biswa Sarma has accused Congress MP Gaurav Gogoi of having a 'deeper connection' with a Pakistani national and violating FCRA rules, prompting calls for a national probe.

All Eyes On Sunday's Clash, Not Thursday's Game

All Eyes On Sunday's Clash, Not Thursday's Game

Rediff.com11 Feb 2026

In this rivalry, numbers fade and national pride takes centre stage.

Why Banks Are Speaking Local Languages

Why Banks Are Speaking Local Languages

Rediff.com4 Aug 2025

State-owned banks are prioritising local language skills in their hiring to improve customer service and reduce language barriers.

Budget 2026: Regulatory Framework For Crypto Exchanges On Cards?

Budget 2026: Regulatory Framework For Crypto Exchanges On Cards?

Rediff.com27 Jan 2026

Enforcement agencies have highlighted risks related to money laundering and terror financing, prompting closer scrutiny of crypto platforms operating in India.

India's GDP estimated to grow at 7.4% in FY26; fastest in the world

India's GDP estimated to grow at 7.4% in FY26; fastest in the world

Rediff.com7 Jan 2026

The Indian economy is likely to grow at 7.4 per cent in 2025-26, up from 6.5 per cent in the previous fiscal, mainly on account of better performance of manufacturing and services sectors, as per the government data released on Wednesday.

Sensex rallies 638 pts, Nifty settles above 26,000

Sensex rallies 638 pts, Nifty settles above 26,000

Rediff.com22 Dec 2025

From the 30-Sensex firms, Trent, Infosys, Bharti Airtel, Tech Mahindra, Bharat Electronics and Maruti were among the biggest gainers. However, State Bank of India, Kotak Mahindra Bank, Larsen & Toubro and Titan were the laggards.

Sensex up 313 points on buying in IT, banking, and auto shares

Sensex up 313 points on buying in IT, banking, and auto shares

Rediff.com17 Sep 2025

Among Sensex firms, State Bank of India, Bharat Electronics, Kotak Mahindra Bank, Maruti, Trent and UltraTech Cement were the major gainers. However, Bajaj Finserv, Titan, ITC and Tata Steel were among the laggards.

Cautious state-run banks expect 11-13% credit growth in FY26

Cautious state-run banks expect 11-13% credit growth in FY26

Rediff.com20 May 2025

Despite sharp interest rate cuts expected in this financial year amid easy liquidity conditions, state-run banks are treading cautiously on their loan growth projections for FY26. Most large banks are projecting loan growth at 11-13 per cent, almost similar to the previous financial year.

Budget 2026: Prez Murmu offers 'Dahi-Cheeni' to Sitharaman

Budget 2026: Prez Murmu offers 'Dahi-Cheeni' to Sitharaman

Rediff.com1 Feb 2026

Sitharaman continues with the tradition she set in 2019, carrying the budget speech in a 'bahi-khata', which she used after dropping the briefcase tradition.

VIDEO: Modi makes historic landing at Assam highway airstrip

VIDEO: Modi makes historic landing at Assam highway airstrip

Rediff.com14 Feb 2026

Prime Minister Narendra Modi inaugurated the Northeast's first Emergency Landing Facility in Assam, boosting regional defense and disaster response capabilities.

Budget 2026: What will Nirmala Sitharaman do?

Budget 2026: What will Nirmala Sitharaman do?

Rediff.com1 Feb 2026

Finance Minister Nirmala Sitharaman's biggest challenge will be to find a new growth driver, particularly against the backdrop of a global economy ravaged by heightened uncertainty and fragmentation, financial markets on a precipice, and global commodity prices on a continued uptrend.

Sensex, Nifty hit fresh highs in early trade

Sensex, Nifty hit fresh highs in early trade

Rediff.com1 Dec 2025

From the Sensex firms, Adani Ports, Bharat Electronics, Eternal, Tata Motors Passenger Vehicles, State Bank of India and Kotak Mahindra Bank were among the biggest gainers. However, ITC, Bajaj Finance, Titan and Tech Mahindra were the laggards.

'Buying Opportunity, Not A Regret Opportunity'

'Buying Opportunity, Not A Regret Opportunity'

Rediff.com2 Feb 2026

'For those in for the long haul, this is a God-given opportunity.' 'Your market is falling despite strong fundamentals, and such a clear roadmap has been announced.'

India votes for UN resolution on Palestine two-state solution

India votes for UN resolution on Palestine two-state solution

Rediff.com13 Sep 2025

The resolution, introduced by France, was adopted with an overwhelming 142 nations voting in favour, 10 against and 12 abstentions. Those voting against included Argentina, Hungary, Israel and the US.

Rupee sees worst single-day fall in 2 months on importer dollar demand

Rupee sees worst single-day fall in 2 months on importer dollar demand

Rediff.com17 Jan 2026

The rupee witnessed its worst single-day decline in around two months since November 21, 2025, due to demand for dollars among importers, said dealers. The maturing short positions in the non-deliverable forwards market further weighed on the local currency.

Stock markets end flat in highly volatile trade

Stock markets end flat in highly volatile trade

Rediff.com28 Nov 2025

Among Sensex firms, Power Grid, Eternal, Bharti Airtel, Axis Bank and Infosys were the biggest laggards. However, Mahindra & Mahindra, Sun Pharma, Kotak Mahindra Bank and State Bank of India were among the major gainers.

Rupee Logs 7-Year Best Day...

Rupee Logs 7-Year Best Day...

Rediff.com4 Feb 2026

The rupee, which was the worst performing Asian currency in 2025 and also in January, was the best performing Asian currency on Tuesday.

Modi raises Sabarimala gold theft in mega Kerala rally

Modi raises Sabarimala gold theft in mega Kerala rally

Rediff.com23 Jan 2026

Prime Minister Narendra Modi attacked the ruling Left and Congress in Kerala, raising the Sabarimala gold loss issue and accusing the Congress of aligning with hardline elements. He urged voters to choose the BJP for development and good governance.

How RBI Governor Fared In The First Year

How RBI Governor Fared In The First Year

Rediff.com29 Dec 2025

Sanjay Malhotra has made structural changes to banking regulation to bring down costs and increase efficiency. Plus, he kicked off a benign interest regime. But there are challenges ahead.

AI push: Tax break for global cloud firms using Indian data centres

AI push: Tax break for global cloud firms using Indian data centres

Rediff.com1 Feb 2026

The Union Budget on Sunday proposed a tax holiday till 2047 for foreign companies that provide cloud services to customers globally using data centres located in India, signalling the government's push to make the country a major hub for AI and digital infrastructure.

AI push: Tax break for global cloud firms using Indian data centres

AI push: Tax break for global cloud firms using Indian data centres

Rediff.com1 Feb 2026

The Union Budget on Sunday proposed a tax holiday till 2047 for foreign companies that provide cloud services to customers globally using data centres located in India, signalling the government's push to make the country a major hub for AI and digital infrastructure.

12 states to spend Rs 1.68L cr on women's cash schemes

12 states to spend Rs 1.68L cr on women's cash schemes

Rediff.com5 Nov 2025

A new report indicates that increasing unconditional cash transfer schemes for women across 12 Indian states are impacting their fiscal health, with six states projecting revenue deficits.

Budget At Economic Crossroads

Budget At Economic Crossroads

Rediff.com30 Jan 2026

'We believe the truth is in the middle, and that India is at an important crossroads.'

Inflation rises to 3-month high of 1.33% in Dec; remains below RBI tolerance band

Inflation rises to 3-month high of 1.33% in Dec; remains below RBI tolerance band

Rediff.com12 Jan 2026

Retail inflation rose to a three-month high of 1.33 per cent in December 2025 mainly due to higher prices of kitchen essentials, including vegetables and protein-rich items.

Tiger Global Verdict: SC rewrites rules of cross-border taxation

Tiger Global Verdict: SC rewrites rules of cross-border taxation

Rediff.com29 Jan 2026

The SC has gone a step further to state that even if one were to not apply the codified GAAR provisions, the judicial GAAR would continue to apply, point out Pranav Sayta and Bhargav Selarka.

'Global Uncertainties Are Of A Magnitude We've Never Seen Before'

'Global Uncertainties Are Of A Magnitude We've Never Seen Before'

Rediff.com2 Feb 2026

'Global uncertainty is something which definitely occupies the minds of officials when we are preparing for the Budget.'

Sensex tanks 610 pts; Nifty slips below 26K

Sensex tanks 610 pts; Nifty slips below 26K

Rediff.com8 Dec 2025

Among the Sensex constituents, Bharat Electronics Ltd, Eternal, Trent, Tata Steel, Bajaj Finance, Adani Ports, Bajaj Finserv, State Bank of India, PowerGrid, Asian Paints, Tata Motors Passenger Vehicles, Titan, NTPC, Kotak Mahindra Bank, Larsen & Toubro and Bharti Airtel were among the laggards. Tech Mahindra, HCL Technologies, Reliance Industries and HDFC Bank were the only gainers.

Indian Digital Payment Intelligence Corporation To Combat Fraud

Indian Digital Payment Intelligence Corporation To Combat Fraud

Rediff.com26 Nov 2025

It will enable real-time intel sharing among banks and other financial sector participants to strengthen customer protection against digital fraud.