News for 'Bank'

Signs of revival: Pre-IPO fundraising improved but fell short of 2023 peak

Signs of revival: Pre-IPO fundraising improved but fell short of 2023 peak

Rediff.com20 Jan 2026

Fundraising through pre-initial public offerings (pre-IPOs) more than doubled in 2025 compared with the previous year, but remained below the peak seen in 2023. The narrowing gap between pre-IPO and IPO pricing is the reason for the decline in both the number and value of such deals over the past two years.

Ashika Has A Desi Heart And A Cool Girl Soul

Ashika Has A Desi Heart And A Cool Girl Soul

Rediff.com14 Jan 2026

Some people pick a lane and stick to it. Ashika Ranganath prefers the scenic route.

India flags 'huge mountain of debt' in developed nations as matter of concern

India flags 'huge mountain of debt' in developed nations as matter of concern

Rediff.com22 Jan 2026

The "huge mountain of debt" in developed economies and the risk of a possible unravelling is a matter of concern for India, Union Minister for Railways, Information & Broadcasting, Electronics & Information Technology Ashwini Vaishnaw said on Wednesday, pointing to the recent spike in Japanese bond yields.

8 Islamic nations agree to join Trump's 'Board of Peace'

8 Islamic nations agree to join Trump's 'Board of Peace'

Rediff.com22 Jan 2026

Trump's 'Board of Peace' is being projected by Washington, DC as a new international body to usher in peace and stability in Gaza and beyond, triggering speculation that it could throw a challenge to the United Nations.

Q3 earnings, inflation data to drive markets this week

Q3 earnings, inflation data to drive markets this week

Rediff.com11 Jan 2026

In an event-heavy week ahead, stock markets are expected to track Q3 corporate earnings from several blue-chip firms, including TCS and Infosys, while inflation data and global trends would also dictate investors' sentiment, analysts said.

Silver's breakout drags gold-silver ratio to lowest in over a decade

Silver's breakout drags gold-silver ratio to lowest in over a decade

Rediff.com8 Jan 2026

ilver continues to outperform the yellow metal, with the gold-to-silver price ratio declining to its lowest level since 2013. The ratio fell to around 57 on Wednesday in the international market, from a five-year high of 100.8 at the end of April 2025.

Trump invites India to join Gaza Board of Peace?

Trump invites India to join Gaza Board of Peace?

Rediff.com18 Jan 2026

The invitation comes as the US administration moves forward with formalising the "Board of Peace" structure linked to Trump's broader Gaza roadmap.

India's forex reserves jump $3.29 bn to $696.61 bn

India's forex reserves jump $3.29 bn to $696.61 bn

Rediff.com2 Jan 2026

India's forex reserves jumped by $3.29 billion to $696.61 billion in the week to December 26, the RBI said on Friday. The overall kitty had increased by $4.368 billion to $693.32 billion in the previous reporting week.

Ranji Trophy: Shami, Akash Deep give Bengal upper hand

Ranji Trophy: Shami, Akash Deep give Bengal upper hand

Rediff.com23 Jan 2026

Nitish Reddy fails with bat as Vidarbha take first-innings lead against Andhra

IPL 2026 Auction: Who Will Break The Bank?

IPL 2026 Auction: Who Will Break The Bank?

Rediff.com11 Dec 2025

Expect some fireworks for the highly-versatile Cameron Green along with Quinton de Kock, Matheesha Pathirana, Venkatesh Iyer and Ravi Bishnoi.

IndiGo Q3 profit plunges 78%; ops disruptions, new labour code took a toll

IndiGo Q3 profit plunges 78%; ops disruptions, new labour code took a toll

Rediff.com22 Jan 2026

India's largest airline IndiGo on Thursday reported a 78 per cent decline in December quarter net profit at Rs 549.1 crore as flight disruptions and implementation of the new labour code took a toll on its earnings. The airline reported a net profit of Rs 549.1 crore in the October-December quarter, compared with Rs 2,448.8 crore earnings in the year-ago period, according to a company statement.

Gold, Silver ETFs Cross Rs 2 Trillion AUM

Gold, Silver ETFs Cross Rs 2 Trillion AUM

Rediff.com8 Jan 2026

Gold ETFs attracted around Rs 11,700 crore, the highest in a calendar month.

Mahindra sells entire stake in RBL Bank for Rs 678 cr

Mahindra sells entire stake in RBL Bank for Rs 678 cr

Rediff.com6 Nov 2025

Mahindra & Mahindra (M&M) on Thursday said it has sold 3.53 per cent stake in RBL Bank for Rs 678 crore, representing a 62.5 per cent gain on the investment. On July 26, 2023, the Mumbai-based diversified firm had announced the acquisition of a 3.53 per cent stake in RBL Bank as a treasury investment at a cost of Rs 417 crore.

ATS Conducts Mock Drill At Magh Mela

ATS Conducts Mock Drill At Magh Mela

Rediff.com7 Jan 2026

The annual Magh Kumbh Mela 2026 is underway at Prayagraj from January 3 to February 15.

SBI open to collaborate with foreign banks on acquisition finance: Chairman

SBI open to collaborate with foreign banks on acquisition finance: Chairman

Rediff.com4 Nov 2025

The country's largest lender SBI is open to collaborating with foreign banks once the Reserve Bank makes it possible for local banks to do acquisition finance, its chairman CS Setty said on Tuesday. Speaking to reporters, weeks after the central bank announced its intent to allow Indian banks to fund companies for executing domestic acquisitions, Setty acknowledged that the "MNC (multinational companies) banks" are dominant in the space.

'Govt And Banks Want Private Investment To Return In Force'

'Govt And Banks Want Private Investment To Return In Force'

Rediff.com3 Nov 2025

'Corporates now have multiple funding sources beyond banks, and many are sitting on large cash reserves.'

Three guards die of asphyxiation at UP factory; family alleges foul play

Three guards die of asphyxiation at UP factory; family alleges foul play

Rediff.com13 Jan 2026

Two of the guards were found dead in the factory premises on Tuesday morning, while the third, who was in a critical condition, was taken to the government medical college where he died during treatment, they said.

Bank loan books report healthy growth in Q2

Bank loan books report healthy growth in Q2

Rediff.com31 Oct 2025

The pickup was driven partly by fresh corporate investment but more by higher working-capital demand.

Banks may not require RBI nod for floating arms

Banks may not require RBI nod for floating arms

Rediff.com28 Oct 2025

For commercial banks to float subsidiaries, approval from the Reserve Bank of India (RBI) may not remain mandatory, according to highly placed sources.

Voting in BMC polls? Must carry one of these ID proofs

Voting in BMC polls? Must carry one of these ID proofs

Rediff.com14 Jan 2026

Electors in the upcoming Brihanmumbai Municipal Corporation (BMC) polls will be required to present either a voter photo ID card or any one of the 12 alternative identity documents approved by the State Election Commission to cast their vote, officials said.

Vi gets a decade to breathe easy on AGR dues; DoT to reassess liabilities

Vi gets a decade to breathe easy on AGR dues; DoT to reassess liabilities

Rediff.com10 Jan 2026

India's third-largest telecom operator Vodafone Idea (Vi) has secured a 10-year breather on adjusted gross revenue (AGR) payments from the Department of Telecommunications (DoT). This is expected to ease pressure on its balance sheet and enable the company to raise bank debt for capital expenditure.

'The Soldiers Ordered Us To Be Strip-Searched'

'The Soldiers Ordered Us To Be Strip-Searched'

Rediff.com9 Jan 2026

'...including my baby sisters, age three and one.' 'My dad was humiliated, and he started screaming at them.'

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.

State Bank of India readies plan to ease KYC process

State Bank of India readies plan to ease KYC process

Rediff.com5 Nov 2025

State Bank of India has embarked on a drive to cut the Know Your Customer (KYC) process to a single one across its branches, a top official said on Tuesday.

Realty moves to the core of conglomerates' biz strategy

Realty moves to the core of conglomerates' biz strategy

Rediff.com21 Jan 2026

India's leading conglomerates are stepping up investments in real estate, recasting what was once a peripheral activity into a core growth driver. Supported by strong balance sheets, established brands and access to long-term capital, major business houses including Aditya Birla, Tata, Godrej, L&T, Raymond, Wadia, Shapoorji Pallonji, Mahindra and Adani are positioning realty as a strategic pillar within their diversified portfolios.

Trump's Huge Venezuela Gamble

Trump's Huge Venezuela Gamble

Rediff.com24 Jan 2026

I am inclined to believe that the Venezuela adventure is not an indication of American strength, alas, but rather of American weakness, points out Rajeev Srinivasan.

RBI proposes to allow banks to fund acquisitions

RBI proposes to allow banks to fund acquisitions

Rediff.com25 Oct 2025

Banks will be able to give loans to Indian companies for acquiring the entire equity stake or a controlling part of it in domestic or foreign firms as strategic investment that creates long-term value rather than for short-term financial restructuring if the Reserve Bank of India's (RBI's) draft circular, issued on Friday, comes to fruition.

Man behind bank heists posed as humble fruit-seller by day

Man behind bank heists posed as humble fruit-seller by day

Rediff.com7 Nov 2025

Delhi Police have arrested a 51-year-old fruit seller who allegedly masterminded the 'Mamu Gang,' a group responsible for multiple bank burglaries across states.

Where Hiring Will Take Place In 2026

Where Hiring Will Take Place In 2026

Rediff.com19 Jan 2026

'Headcount expansion is more likely in revenue-linked and product-critical teams than in broad based hiring.'

BMC results: Congress reduced to marginal force

BMC results: Congress reduced to marginal force

Rediff.com16 Jan 2026

The Congress party experienced a significant decline in the Brihanmumbai Municipal Corporation (BMC) elections, winning a mere 15 seats out of 227. Analysts attribute the poor performance to strategic missteps, infighting, and a failure to connect with voters amidst linguistic and religious polarization.

Beed: 4 booked for raising Rs 4 crore to 'support' Palestine

Beed: 4 booked for raising Rs 4 crore to 'support' Palestine

Rediff.com9 Jan 2026

Four persons were booked in Maharashtra's Beed district for collecting more than Rs 4 crore fraudulently claiming it was to support Palestine amid the war with Israel, a police official said on Thursday.

Sensex down 322 points on selling in blue-chips

Sensex down 322 points on selling in blue-chips

Rediff.com5 Jan 2026

From the 30-Sensex firms, HDFC Bank, Infosys, HCL Tech, Bajaj Finance, Tata Consultancy Services and Reliance Industries were among the biggest laggards. In contrast, Bharat Electronics, Hindustan Unilever, Tata Steel and UltraTech Cement were among the gainers.

Strong domestic growth will attract foreign investments: RBI Governor

Strong domestic growth will attract foreign investments: RBI Governor

Rediff.com14 Jan 2026

Strong domestic growth will continue to draw foreign investment into the Indian economy, Reserve Bank of India (RBI) Governor Sanjay Malhotra said on Tuesday. He said this was reflected in recent free trade agreements and investment commitments by large technology companies.

'Growth-inflation data will determine MPC's future actions'

'Growth-inflation data will determine MPC's future actions'

Rediff.com16 Jan 2026

'Economic activity appears to have peaked in the second quarter of FY26, with industrial output, exports, and business confidence all softening from October 2025.'

India, UAE seal defence pact, set $200 bn trade target

India, UAE seal defence pact, set $200 bn trade target

Rediff.com20 Jan 2026

Under the defence partnership, India and the UAE are eyeing defence industrial collaboration and cooperation in advanced technologies, cyberspace training, special operations, interoperability of their militaries and counter terrorism.

States Have Thrown A Spanner In RBI's Easy-Money Machine

States Have Thrown A Spanner In RBI's Easy-Money Machine

Rediff.com7 Jan 2026

State debt is rising because revenues are disappointingly weak. Ten states have debt ratios exceeding 30 per cent. In 2023-2024, states were borrowing simply to meet day-to-day expenses, points out Debashis Basu.

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.

Bank returns 57 lakh to TMC MP that was stolen in fraud

Bank returns 57 lakh to TMC MP that was stolen in fraud

Rediff.com8 Nov 2025

The money that was allegedly siphoned by fraudsters from Trinamool Congress MP Kalyan Banerjee's dormant account with a nationalised bank earlier this week has been credited back to him by the bank authorities, the politician said.

Rahu Ketu Review: Varun Sharma-Pulkit Samrat's Comedy Falls Flat

Rahu Ketu Review: Varun Sharma-Pulkit Samrat's Comedy Falls Flat

Rediff.com16 Jan 2026

Rahu Ketu crams in a clumsy social commentary on corruption and social evils, along with flashy dance numbers, trying to do everything and too much all at once, before ending up as khichadi, notes Mayur Sanap.

HCLTech counts on M&As to add 1.5% to revenue

HCLTech counts on M&As to add 1.5% to revenue

Rediff.com14 Jan 2026

HCLTech expects its recent large acquisitions to contribute about 1.5 per cent to revenue in 2026-27 (FY27), Chief Executive Officer and Managing Director C Vijayakumar said, as the company looks to build newer revenue streams in a subdued macroeconomic environment.