News for '-bank'

He should create 'Ministry of Insults': Priyanka's dig at Modi

He should create 'Ministry of Insults': Priyanka's dig at Modi

Rediff.com3 Nov 2025

Priyanka accused the prime minister of "speaking on unnecessary issues" while staying silent on corruption, unemployment and the alleged misrule under the NDA government in Bihar.

'Don't Put Significant Portion Of Portfolio In Gold, Silver'

'Don't Put Significant Portion Of Portfolio In Gold, Silver'

Rediff.com14 Oct 2025

'For most investors, I recommend a low double-digit allocation (10 to 12 per cent) to gold and silver combined.'

RBI's Monetary Policy Committee sees scope for more rate cut

RBI's Monetary Policy Committee sees scope for more rate cut

Rediff.com18 Oct 2025

Even if the Reserve Bank of India's Monetary Policy Committee decided to hold interest rates in the October meeting, it acknowledged the scope for further rate cuts while waiting for the impact of the past steps to play out.

ISRO's 'Bahubali' rocket injects heaviest satellite in orbit

ISRO's 'Bahubali' rocket injects heaviest satellite in orbit

Rediff.com2 Nov 2025

The heaviest communication satellite to be launched from the Indian soil onboard a new generation, homegrown 'Bahubali' rocket was successfully placed into the intended orbit on Sunday, the Indian Space Research Organisation said.

Banke Bihari temple panel challenges UP shrine control ordinance in SC

Banke Bihari temple panel challenges UP shrine control ordinance in SC

Rediff.com27 Jul 2025

The committee said the Uttar Pradesh government did not file appeals against the high court's November 8, 2023 order and instead, an impleadment application was filed in the pending plea before the top court.

'Uddhav Should Not Join Hands With Raj Thackeray'

'Uddhav Should Not Join Hands With Raj Thackeray'

Rediff.com5 Nov 2025

'Raj Thackeray is working at the behest of Chief Minister Devendra Fadnavis.'

'One episode of financial instability can take us many years behind'

'One episode of financial instability can take us many years behind'

Rediff.com2 Oct 2025

Reserve Bank of India (RBI) Governor Sanjay Malhotra, with Deputy Governors Poonam Gupta, Swaminathan J, T Rabi Sankar, and M Rajeshwar Rao, responded to a range of queries in the post-policy interaction with the media

How Fake PANs Help Hide Crooked Property Deals

How Fake PANs Help Hide Crooked Property Deals

Rediff.com23 Oct 2025

Quoting an incorrect PAN during property registration can invite penalties and prosecution.

Sensex drops 452 points dragged by bank stocks

Sensex drops 452 points dragged by bank stocks

Rediff.com30 Jun 2025

From the Sensex firms, Axis Bank, Kotak Mahindra Bank, Maruti, UltraTech Cement, Bajaj Finance, ICICI Bank, Reliance Industries, Tata Steel, Bharti Airtel and HDFC Bank were among the major laggards. However, Trent, State Bank of India, Bharat Electronics, Titan and Bajaj Finserv were among the gainers.

Your EPF Can Fund Housing, Surgery, Education...

Your EPF Can Fund Housing, Surgery, Education...

Rediff.com23 Oct 2025

Your EPF isn't just a retirement pot. It's a financial safety net you can dip into for life's biggest needs. Here's how these one-time advances work and when to use them wisely.

NRIs can now invest in corp debt from special rupee vostro accounts

NRIs can now invest in corp debt from special rupee vostro accounts

Rediff.com3 Oct 2025

Earlier, such entities were only permitted to invest their rupee surplus balance in accounts in central government securities, including treasury bills. "It has now been decided to also permit investment of these balances in non-convertible debentures/bonds and commercial papers issued by an Indian company," the RBI said.

Lenders tap alternative data as next frontier in credit fraud fight

Lenders tap alternative data as next frontier in credit fraud fight

Rediff.com28 Oct 2025

Risk assessment platforms are increasingly using diverse data sources to help lenders identify groups attempting to access credit from regulated entities and to improve the process of evaluating new-to-credit (NTC) users.

India among UBS' preferred bets amid positive EM outlook

India among UBS' preferred bets amid positive EM outlook

Rediff.com29 Oct 2025

UBS has turned bullish on emerging markets (EM), including India, as it finds benign macro trends, positive momentum in earnings revisions, and resilient EM currencies helping these economies sustain higher valuations and attracting flows. Among regions, it has upgraded Mainland China to 'attractive' and China Tech to 'most attractive', while downgrading Philippines to 'neutral'.

Axis Bank Q1 net profit down 4% on rise in slippages, provisions

Axis Bank Q1 net profit down 4% on rise in slippages, provisions

Rediff.com18 Jul 2025

In Q1FY26, the bank reported fresh slippages of 8,200 crore, up 71 per cent Y-o-Y and sequentially. Of this, 7,500 crore is from the retail segment.

Bulls prowl D-Street: Sensex jumps 716 points

Bulls prowl D-Street: Sensex jumps 716 points

Rediff.com1 Oct 2025

From the Sensex firms, Tata Motors jumped the most by 5.54 per cent, followed by Kotak Mahindra Bank, Trent, Sun Pharma, Axis Bank, and ICICI Bank. However, Bajaj Finance, State Bank of India, UltraTech Cement and Tata Steel were among the laggards.

Rs 2000 notes worth Rs 5,884 cr still in circulation: RBI

Rs 2000 notes worth Rs 5,884 cr still in circulation: RBI

Rediff.com1 Oct 2025

The high-value Rs 2000 notes worth Rs 5,884 crore are still in circulation, according to official data released on Wednesday.

Tata Capital's Rs 15,512 cr IPO subscribed 1.95 times

Tata Capital's Rs 15,512 cr IPO subscribed 1.95 times

Rediff.com8 Oct 2025

The initial public offering of non-banking financial company Tata Capital Ltd got fully subscribed on the final day of bidding on Wednesday. The company's Rs 15,512 crore share sale received bids for 45,84,78,044 shares against 33,34,36,996 shares on offer, translating into 1.38 times subscription, according to NSE data till 13:36 hours.

Anil Ambani's loan account is NOT 'fraudulent': Canara Bank to HC

Anil Ambani's loan account is NOT 'fraudulent': Canara Bank to HC

Rediff.com10 Jul 2025

The Canara Bank on Thursday informed the Bombay high court that it has withdrawn its order classifying as "fraudulent" the loan account of a firm linked to industrialist Anil Ambani. After the bank's disclosure, a bench of Justices Revati Mohite Dere and Neela Gokhale disposed of the petition filed by Ambani challenging the bank's order, saying nothing survives in it.

SBI eyes spot among world's top 10 banks by market value in 5 years

SBI eyes spot among world's top 10 banks by market value in 5 years

Rediff.com24 Jul 2025

Country's largest lender State Bank of India (SBI) is looking to be among 10 top global banks in market capitalisation terms in the next five years, chairman CS Setty said on Wednesday. "The scope for value creation for the stakeholders is potentially very high. So the larger ambition is if the market supports whether we can be part of the top 10 global banks in terms of the market capitalisation (five years)," he said after listing of shares issued under Qualified Institutional Placement (QIP) at NSE.

Are public sector bank employees becoming more productive?

Are public sector bank employees becoming more productive?

Rediff.com27 Jun 2025

Each employee is generating more business than before -- driven by cost rationalisation, digital adoption, and better resource utilisation -- signalling a stronger foundation for sustainable growth and profitability.

'A Domestic Dispute That Became A National Dispute'

'A Domestic Dispute That Became A National Dispute'

Rediff.com7 Nov 2025

'I wanted to go for the heart, and at the same time, open the audience's mind.'

Will Nitish Surprise Modi Or Vice Versa After Bihar Poll?

Will Nitish Surprise Modi Or Vice Versa After Bihar Poll?

Rediff.com29 Oct 2025

The BJP's MoSha leadership are past masters in encouraging defections from their allies if it helped their party capture the chief minister's chair. In Bihar, they are not sure if JD-U MPs and MLAs would be willing to cross over to the BJP if the Nitish leadership came on top -- and the NDA crossed the halfway mark together, observes N Sathiya Moorthy.

How To Deal With Tax On ESOPs, HRA, LTCG

How To Deal With Tax On ESOPs, HRA, LTCG

Rediff.com21 Oct 2025

Ask rediffGURU and tax expert Mihir Tanna your income tax-related questions.

Persistent's premium valuations hinge on sustaining growth momentum

Persistent's premium valuations hinge on sustaining growth momentum

Rediff.com29 Oct 2025

The stock of mid-tier information technology (IT) major Persistent Systems has been one of the outperformers in the IT pack with a return of 5.3 per cent over the last year, while its peer index, the Nifty IT, is down 16.2 per cent over the same period. The strong September quarter (Q2FY26) result and upgrades by brokerages are positive but its ability to sustain growth momentum in a weak macroeconomic environment will be key for future gains. At the current levels, the stock is trading at a premium valuation of 38 times its FY27 earnings estimates.

RJD pointed a katta at Cong's head: Modi in Bihar

RJD pointed a katta at Cong's head: Modi in Bihar

Rediff.com2 Nov 2025

Prime Minister Narendra Modi on Sunday claimed that the Congress had been unwilling to accept Tejashwi Yadav as the Indian National Developmental Inclusive Alliance (INDIA) chief ministerial candidate and relented only after the Rashtriya Janata Dal pointed a 'katta', an unlicensed country-made gun, at its head.

J-K LG sacks two teachers for alleged terror links

J-K LG sacks two teachers for alleged terror links

Rediff.com30 Oct 2025

Jammu and Kashmir Lieutenant Governor Manoj Sinha dismissed two government employees, both teachers, for their alleged links with terrorists. The action is part of Sinha's zero-tolerance policy against terrorism and a broader crackdown on the terror ecosystem within Jammu and Kashmir.

India's New Travel High: Wellness

India's New Travel High: Wellness

Rediff.com30 Oct 2025

While wellness-related facilities and activities used to be considered luxury offerings, hospitality industry executives note that it has now become a mainstream expectation among guests.

'GST 2.0 Great Opportunity For Insurance Biz To Make Products Affordable'

'GST 2.0 Great Opportunity For Insurance Biz To Make Products Affordable'

Rediff.com3 Nov 2025

'The government is putting insurance in the same category as food, which is essential for life.' 'Now this is an opportunity for the sector to focus on the consumer.'

RBI announces slew of measures to promote rupee

RBI announces slew of measures to promote rupee

Rediff.com1 Oct 2025

In a bid to promote the use of domestic currency for cross-border settlements, the Reserve Bank on Wednesday announced a slew of measures, including allowing banks to lend in Indian Rupees to non-residents from Bhutan, Nepal and Sri Lanka for bilateral trade.

India's GDP to grow 6.7-6.9% in FY26: Deloitte

India's GDP to grow 6.7-6.9% in FY26: Deloitte

Rediff.com23 Oct 2025

Deloitte India on Thursday projected India's economy to grow 6.7-6.9 per cent in the current fiscal amid buoyant demand and policy reforms. Indian economy grew 7.8 per cent in the April-June quarter of current fiscal.

Factors that will guide the markets this week

Factors that will guide the markets this week

Rediff.com12 Oct 2025

Stock market investors this week would track the renewed tariff tensions between the US and China, domestic inflation data, besides, quarterly earnings from blue-chips HCL Tech, Infosys and Reliance Industries would also drive the momentum in equities, analysts said.

Forex reserves drop by $2.3 bn to $700.2 bn

Forex reserves drop by $2.3 bn to $700.2 bn

Rediff.com3 Oct 2025

India's forex reserves dropped by $2.334 billion to $700.236 billion during the week ended September 26, according to the RBI data on Friday.

Meta expands safety tools to safeguard older adults from online scams

Meta expands safety tools to safeguard older adults from online scams

Rediff.com22 Oct 2025

Meta has announced new anti-scam features and awareness initiatives, including safety tools and tips to protect users, particularly senior citizens from cyber fraud and online scams, as the social media giant stepped up efforts to help people stay safe online.

Tempted By GST Car Deals? Brake And Research!

Tempted By GST Car Deals? Brake And Research!

Rediff.com8 Oct 2025

'Some buyers get carried away by festival offers and purchase higher variants or larger vehicles than they truly need, which impacts running cost and long-term affordability.'

'NPS Will Exceed 30% Growth This Financial Year'

'NPS Will Exceed 30% Growth This Financial Year'

Rediff.com17 Oct 2025

'The informal sector can grow at a 100 per cent rate -- we have to plan big.'

Soon after nomination, RJD candidate arrested in 2004 case

Soon after nomination, RJD candidate arrested in 2004 case

Rediff.com21 Oct 2025

RJD candidate Satendra Sah was arrested immediately after filing his nomination papers from Bihar's Sasaram assembly seat due to a pending non-bailable warrant from Jharkhand. This marks the third such incident of INDIA bloc candidates being arrested after filing nominations.

Retail inflation slips to over 8-yr low of 1.54% in Sep

Retail inflation slips to over 8-yr low of 1.54% in Sep

Rediff.com13 Oct 2025

Retail inflation slipped to 1.54 per cent in September from 2.07 per cent in the preceding month mainly due to subdued prices of food items, including vegetables and pulses, according to government data released on Monday. The consumer price index (CPI) based inflation was 5.49 per cent in September 2024.

'Digital arrest' most dreaded threat to citizens: President Murmu

'Digital arrest' most dreaded threat to citizens: President Murmu

Rediff.com27 Oct 2025

President Droupadi Murmu addressed Indian Police Service probationers, highlighting the growing threat of 'digital arrest' scams and emphasizing the importance of ethical policing and public service.

Stock markets end marginally lower in volatile trade

Stock markets end marginally lower in volatile trade

Rediff.com29 Sep 2025

Among Sensex firms, Maruti, Axis Bank, Larsen & Toubro, ICICI Bank, Bharti Airtel, Infosys, Adani Ports and Hindustan Unilever were the laggards. However, Titan, State Bank of India, Eternal and Trent were among the major gainers.

Is Paytm Out Of The Woods?

Is Paytm Out Of The Woods?

Rediff.com2 Oct 2025

'This marks a turning point for Paytm, with the regulatory environment looking much clearer than it has been in the last two years.'