News for 'Bank Union'

GST rate cuts spur credit growth in banking sector in Q3 FY26

GST rate cuts spur credit growth in banking sector in Q3 FY26

Rediff.com7 Jan 2026

Banking sector has witnessed healthy growth in advances in the third quarter of financial year 2026 (Q3FY26) against the same period last year, as the full impact of goods and service tax (GST) rate cuts drove growth. Most of the lenders saw their credit growth outpace the deposit growth in the quarter.

Stock Market Today: Sensex, Nifty50 React to Global Cues and Trump Tariff Concerns

Stock Market Today: Sensex, Nifty50 React to Global Cues and Trump Tariff Concerns

Rediff.com24 Feb 2026

Indian equities on Dalal Street saw volatility as global market trends and fresh tariff concerns linked to Donald Trump impacted investor sentiment. Track Sensex, Nifty50 movement and key market drivers for Feb 24, 2026.

Sensex Plunges 1069 Points on IT Selloff, Global Trade Worries

Sensex Plunges 1069 Points on IT Selloff, Global Trade Worries

Rediff.com24 Feb 2026

Equity benchmark indices Sensex and Nifty experienced a significant decline, primarily driven by a selloff in IT stocks due to concerns about AI disruption and renewed worries over global trade.

Sensex reclaims 84K-mark; Nifty ends up 174 points

Sensex reclaims 84K-mark; Nifty ends up 174 points

Rediff.com9 Feb 2026

Benchmark equity indices Sensex and Nifty extended their gains for the second straight session on Monday, driven by optimism over the India-US trade deal and robust buying in public sector banks, consumer durables, and realty stocks.

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.

'You End Up Firefighting': Finance Minister

'You End Up Firefighting': Finance Minister

Rediff.com26 Feb 2026

'Uncertainty level A in the morning, uncertainty level B in the afternoon. If I answer about tariff rates now, I'll be outdated by the evening.'

Agencies bust 8,000 mule accounts in J-K; warn of terror funding risk

Agencies bust 8,000 mule accounts in J-K; warn of terror funding risk

Rediff.com15 Feb 2026

Security agencies have uncovered a vast network of 'mule accounts' in Jammu and Kashmir used to launder money for global scams, raising concerns about potential links to separatist activities.

GIFT IFSC captures 65% of ECBs in FY26 on lower taxes, lighter rules

GIFT IFSC captures 65% of ECBs in FY26 on lower taxes, lighter rules

Rediff.com13 Feb 2026

Nearly two-thirds of external commercial borrowings (ECBs) raised so far in the ongoing financial year (2025-26/FY26) have been routed through Gujarat International Finance Tec-City (GIFT City), a sharp jump from the 36 per cent recorded in 2024-25.

Highlights of RBI's monetary policy

Highlights of RBI's monetary policy

Rediff.com6 Feb 2026

Benchmark lending rates unchanged with repo rate at 5.25%

Defamation case: Rahul records statement in UP court

Defamation case: Rahul records statement in UP court

Rediff.com20 Feb 2026

Rahul Gandhi appeared before an MP-MLA court in Sultanpur, Uttar Pradesh, to record his statement in a defamation case related to his 2018 remarks against Amit Shah. The case, filed by a BJP leader, alleges derogatory remarks made during the Karnataka elections.

No toll plaza queues anywhere in India by yearend, says Gadkari

No toll plaza queues anywhere in India by yearend, says Gadkari

Rediff.com25 Feb 2026

'Within six months I expect petrol, diesel, and electric vehicles (EVs) to reach cost parity,' says Union Minister for Road Transport and Highways Nitin Gadkari.

Digital arrest case: SC issues notice to Centre, CBI, RBI

Digital arrest case: SC issues notice to Centre, CBI, RBI

Rediff.com24 Jan 2026

The Supreme Court has sought responses from the Centre, the CBI and others on a plea filed by a 78-year-old retired banker who was duped of Rs 23 crore after allegedly being put under "digital arrest" for nearly a month.

Public Cloud Service Drives Oracle India's Double-Digit Run

Public Cloud Service Drives Oracle India's Double-Digit Run

Rediff.com18 Feb 2026

'India is often skipping legacy cycles and moving directly to advanced AI-driven operations.'

Budget 2026: What The Fiscal Numbers Show

Budget 2026: What The Fiscal Numbers Show

Rediff.com12 Feb 2026

The idea of back-loading the target of fiscal consolidation is perhaps guided by the government's desire to be prepared for any adverse developments in the coming year, points out A K Bhattacharya.

Dragged by metal, IT stocks Sensex ends down 297 points

Dragged by metal, IT stocks Sensex ends down 297 points

Rediff.com30 Jan 2026

From the Sensex firms, Tata Steel tanked the most by 4.57 per cent. ICICI Bank, Power Grid, HCL Tech, Tech Mahindra, Infosys and Kotak Mahindra Bank were also among the laggards. Mahindra & Mahindra, State Bank of India, ITC and Bharat Electronics were among the gainers.

Kerala salutes 10-month-old organ donor who gave 4 people a new life

Kerala salutes 10-month-old organ donor who gave 4 people a new life

Rediff.com15 Feb 2026

Kerala bid farewell to a 10-month-old girl, the state's youngest organ donor, with state honors after her parents donated her organs following her brain death.

RBI-Esma MoU set to end CCIL impasse

RBI-Esma MoU set to end CCIL impasse

Rediff.com28 Jan 2026

The Clearing Corporation of India (CCIL) will be able to reapply for recognition by the European Union's (EU) financial markets regulator following a pact signed on Tuesday between the Reserve Bank of India (RBI) and the European Securities and Markets Authority (Esma).

Modi-Trump Call: 'Headwind Becomes Tailwind': FM

Modi-Trump Call: 'Headwind Becomes Tailwind': FM

Rediff.com5 Feb 2026

The finance minister said that consolidation of state-owned banks could proceed at any time without waiting for the recommendations of the proposed high-level committee on banking.

CBI books Anil Ambani's son, Reliance Home Finance in Rs 228 crore bank fraud case

CBI books Anil Ambani's son, Reliance Home Finance in Rs 228 crore bank fraud case

Rediff.com9 Dec 2025

The CBI has booked the son of industrialist Anil Ambani, Jai Anmol Anil Ambani, and Reliance Home Finance Ltd. (RHFL) in a case of alleged cheating in Union Bank of India that caused a loss of Rs 228 crore to the public bank, officials said on Tuesday.

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.

Gold likely to hold ground; silver braces for volatility

Gold likely to hold ground; silver braces for volatility

Rediff.com8 Feb 2026

Gold prices are likely to trade firm next week as traders await key economic data, including US inflation numbers, for fresh cues on interest rate outlook, while silver may remain volatile amid shifting risk sentiment and speculative activity, analysts said.

Pvt-funded highway construction model highest priority: Gadkari

Pvt-funded highway construction model highest priority: Gadkari

Rediff.com25 Feb 2026

On the back of an aggressive asset monetisation push, the government will press the throttle on the build-operate-transfer (BOT) model - under which private developers fund highway construction - for future highway development, Union Minister for Road Transport and Highways Nitin Gadkari said.

T20 World Cup: Can India Turn Super Eight Tension Into Triumph?

T20 World Cup: Can India Turn Super Eight Tension Into Triumph?

Rediff.com22 Feb 2026

It takes a lot of mental strength to play in front of nearly 100,000 people in Ahmedabad. Even the bravest can succumb to the tension.

Budget may signal new cooperative ambition

Budget may signal new cooperative ambition

Rediff.com12 Jan 2026

The Union Budget for 2026-27 is expected to sketch out a road map for trebling the cooperative sector's contribution to the Indian economy over the next decade, with the aim of bringing 500 million people within its ambit, in line with the objectives of the National Cooperative Policy, 2025.

Sensex slips below 82K amid widespread sell-off

Sensex slips below 82K amid widespread sell-off

Rediff.com23 Jan 2026

Market sentiment is likely to remain cautious as investors position themselves for the upcoming Union Budget and the US Fed's interest rate decision, where expectations are muted.

How BSE, NSE will likely perform this week

How BSE, NSE will likely perform this week

Rediff.com25 Jan 2026

Stock market is gearing up for an eventful week ahead where key triggers such as quarterly earnings from corporates, the US Fed interest rate decision and the upcoming Union Budget for 2026-27 would grab the limelight, analysts said.

Amit Shah launches India's first co-operative ride app Bharat Taxi

Amit Shah launches India's first co-operative ride app Bharat Taxi

Rediff.com5 Feb 2026

Addressing an event after launching the service, Shah said the rival ride-hailing platforms have reduced commission and are offering many other incentives, including free rides to customers, seeing the success of Bharat Taxi during the pilot operation.

Why I Cycled From Kashmir To Kanyakumari

Why I Cycled From Kashmir To Kanyakumari

Rediff.com24 Feb 2026

'That journey across India has changed me forever.'

How stock markets will fare on this Budget Day

How stock markets will fare on this Budget Day

Rediff.com1 Feb 2026

Bharat Electronics, Power Grid, NTPC and HDFC Bank were among the other major gainers. However, Infosys, Tata Steel, Eternal and Tech Mahindra were among the laggards.

'Hindu Unity Is Not What I Am Aiming At'

'Hindu Unity Is Not What I Am Aiming At'

Rediff.com30 Jan 2026

'The Kerala of today is not the Kerala of yesterday.' 'What has seeped into this society is the feeling of hatred towards other castes and religions.'

How India measured inflation, and what is set to change

How India measured inflation, and what is set to change

Rediff.com19 Feb 2026

India's main inflation measure, the Consumer Price Index (CPI), is set for another major update, even though it has been in its current form for only about 15 years.

'I Don't Want To Let Down The Economy...'

'I Don't Want To Let Down The Economy...'

Rediff.com9 Feb 2026

'This Budget has a one-year agenda, which you can call the sprint, and the marathon is towards Viksit Bharat.'

J-K plans 9 new tourist spots; sites shut after Pahalgam to reopen by May

J-K plans 9 new tourist spots; sites shut after Pahalgam to reopen by May

Rediff.com20 Feb 2026

The Jammu and Kashmir government announces plans to introduce nine new tourist destinations and reopen sites closed after the Pahalgam terror attack, aiming to revive and expand the region's tourism sector.

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.

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.

Private Talent At PSU Banks Is Welcome, But...

Private Talent At PSU Banks Is Welcome, But...

Rediff.com22 Oct 2025

Opening up the corner office is fine, but will the government be able to attract talent without giving a market-rate salary?, asks Tamal Bandyopadhyay.

'Money Comes Only When Markets Do Well'

'Money Comes Only When Markets Do Well'

Rediff.com4 Feb 2026

'Given that India underperformed emerging markets by 28 per cent in 2025, the worst performance in over 30 years, the timing of the sharp STT hike could have been better.'

Be Competitive: Bank Union Tells Management

Be Competitive: Bank Union Tells Management

Rediff.com11 Jan 2023

'It is observed that some of our branches are already losing good balances in their savings deposits as well as fixed deposits, which are maturing, to the other banks.'

Anil Ambani, ADAG slapped fresh notices on PIL over fraud

Anil Ambani, ADAG slapped fresh notices on PIL over fraud

Rediff.com23 Jan 2026

The Supreme Court on Friday issued fresh notices to Anil Ambani and the Anil Dhirubhai Ambani Group (ADAG) on a PIL seeking a court-monitored probe into alleged massive banking and corporate fraud involving the firm and its group companies.

Q3 earnings, global trends to drive stock markets this week

Q3 earnings, global trends to drive stock markets this week

Rediff.com18 Jan 2026

Trading pattern in the stock market this week will largely depend on the ongoing Q3 earnings announcement from corporates, global trends, and foreign fund movement, analysts said. Moreover, geopolitical developments and any update on trade negotiations would also be keenly tracked by investors, experts noted.