News for 'CASA'

'Indian Bank Aims For Rs 25 Trillion Business By December 2030'

'Indian Bank Aims For Rs 25 Trillion Business By December 2030'

Rediff.com7 Feb 2026

'In the last one year, we have added more than Rs 1.7 trillion, and we are on track.'

Barcelona Slip in Title Race After Girona Shock

Barcelona Slip in Title Race After Girona Shock

Rediff.com4 days ago

Barcelona missed the chance to reclaim the LaLiga summit after suffering a 2-1 derby defeat to Girona, who roared back in the second half to leave Real Madrid top of the table.

Interview with chairman SC Shetty: 'SBI Will Double Its Balance Sheet In 6-7 Years'

Interview with chairman SC Shetty: 'SBI Will Double Its Balance Sheet In 6-7 Years'

Rediff.com11 Feb 2026

'Credit growth in India remains in double digits, even though corporate borrowing is subdued.' 'Corporate credit is weak because companies are cash-rich and cautious amid global uncertainty.'

Maduro Capture: All That Was Left Of Cubans Killed In US Strikes

Maduro Capture: All That Was Left Of Cubans Killed In US Strikes

Rediff.com17 Jan 2026

The mortal remains of the Cuban soldiers returned not in coffins, but in urns, leaving us wondering what firepower the Americans used in their mission to capture Maduro and Flores.

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.

Why Banks Are Struggling For Deposits

Why Banks Are Struggling For Deposits

Rediff.com19 Nov 2025

As deposit growth lags credit expansion, Indian banks face shrinking low-cost Casa inflows, rising funding costs, and structural shifts driven by UPI, e-Kuber, and digital savings trends, points out Tamal Bandyopadhyay.

'IOB Bets Big On M&A Financing'

'IOB Bets Big On M&A Financing'

Rediff.com3 Nov 2025

'This is an area where good lending can happen, and that is one of the priorities for the next quarter.'

Mercedes-Benz, BMW eyeing India's luxe realty sector

Mercedes-Benz, BMW eyeing India's luxe realty sector

Rediff.com9 Jan 2026

According to multiple sources close to the development, Mercedes-Benz is already in talks with multiple developers in Gurugram for a luxury branded residence project.

Loan growth, margins set to improve for banks in Q3

Loan growth, margins set to improve for banks in Q3

Rediff.com8 Jan 2026

The banking sector could see better loan growth in the third quarter of financial year 2026 (Q3FY26) with improved net interest margins (NIMs), though the full impact of latest rate cuts will be largely felt in the fourth quarter. There may be lower slippage in unsecured loans and microfinance institutions (MFIs) along with steady recovery trends, which should lower credit cost.

Finding The Perfect Goan Seafood Curry

Finding The Perfect Goan Seafood Curry

Rediff.com13 Jan 2026

Sona Bahadur's Goa currython yielded interesting results.

World Welcomes 2026 With Dazzling Celebrations

World Welcomes 2026 With Dazzling Celebrations

Rediff.com1 Jan 2026

The world welcomed 2026 with spectacular celebrations across continents. From dazzling fireworks illuminating iconic landmarks like the London Eye, Marina Bay, and Copacabana beach to intimate gatherings at historic sites, the New Year brought together diverse cultures in joyous unity.

Barcelona rout Bilbao on Camp Nou return, rise to top

Barcelona rout Bilbao on Camp Nou return, rise to top

Rediff.com23 Nov 2025

Ferran Torres struck twice as Barcelona marked their long-awaited return to their Camp Nou Stadium with an emphatic 4-0 win over Athletic Bilbao on Saturday.

7 Nations That Trust Their Government The Most

7 Nations That Trust Their Government The Most

Rediff.com24 Nov 2025

In which countries are trust levels in the government highest? The results of the Edelman Trust Barometer, based on a survey done in 2024, might surprise you.

Improving asset quality, healthy loan growth positives for ICICI Bank

Improving asset quality, healthy loan growth positives for ICICI Bank

Rediff.com28 Oct 2025

ICICI Bank delivered satisfactory results in the second quarter of 2025-26 (Q2FY26), sustaining return on assets (RoA) of around 2.3-2.4 per cent and improving asset quality. Provisions declined 26 per cent year-on-year (Y-o-Y) and 50 per cent quarter-on-quarter (Q-o-Q).

Why Bankers Love 'Casa'

Why Bankers Love 'Casa'

Rediff.com13 Nov 2023

Every banker loves the four-letter word Casa as it plays an important role in lowering the cost of deposits. Every bank wants to increase its Casa, as a higher portion of Casa in the overall deposit liability brings down its cost of money, points out Tamal Bandyopadhyay.

'The Intent Is To Make A Better Bank In The Future'

'The Intent Is To Make A Better Bank In The Future'

Rediff.com28 Oct 2025

'As the team builds, each of them will bring in a different perspective, new thinking.'

GST reforms expected to ignite animal spirits in financial sector: DEA secy

GST reforms expected to ignite animal spirits in financial sector: DEA secy

Rediff.com18 Nov 2025

Noting that recent uncertainties created by global tariffs have not impacted the Indian economy severely, Anuradha Thakur, secretary, Department of Economic Affairs, said the central government is hopeful that the recent goods and services tax (GST) rationalisation will ignite the much needed animal spirits in the financial sector.

'After GST cut, innovation will boost life insurance'

'After GST cut, innovation will boost life insurance'

Rediff.com5 Dec 2025

The reduction in goods & services tax (GST) on individual life and health insurance premiums has been called a "landmark step" for making insurance affordable and inclusive. In a panel discussion at the Business Standard BFSI Insight Summit 2025, Anup Bagchi, managing director (MD) & chief executive officer (CEO) of ICICI Prudential Life Insurance; Mahesh Balasubramanian, MD & CEO of Kotak Life Insurance; Tarun Chugh, MD & CEO of Bajaj Life Insurance; and Ratnakar Patnaik, MD of Life Insurance Corporation of India (LIC), listed what else the industry needs to reach more people.

Now You Can Stay In A Lamborghini

Now You Can Stay In A Lamborghini

Rediff.com13 Nov 2025

Their projects are known for Italian-inspired creative façades with intricate urban elegance.

'Focus Is To Maintain The Casa Ratio'

'Focus Is To Maintain The Casa Ratio'

Rediff.com8 Nov 2024

'It has remained around 38 per cent over the past four to five quarters.'

'Our objective is to keep improving Casa ratio'

'Our objective is to keep improving Casa ratio'

Rediff.com15 Aug 2024

'The Casa ratio is at 33.4 per cent, which has to keep improving. Right now, there is a bit of liquidity pressure in the market.'

'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.'

Growth gains ahead for Axis Bank

Growth gains ahead for Axis Bank

Rediff.com24 Oct 2025

Axis Bank reported a sharp drop in net profit in the second quarter of financial year 2026 (Q2FY26) on higher provisions and weak operating profit growth while revenue growth was moderate. But loan growth and deposit growth improved to double-digits year-on-year (Y-o-Y) and asset quality also improved with the gross non-performing loan or NPL ratio moving down.

Sitharaman Orders Banks to Return Unclaimed Citizens' Money

Sitharaman Orders Banks to Return Unclaimed Citizens' Money

Rediff.com23 Sep 2025

Given that a sizeable part of this money is part of the coveted current accounts and savings accounts, it is surprising that banks are not in a hurry to revive these accounts, notes Tamal Bandyopdhyay.

Lights Off: Spain and Portugal Plunge into Darkness

Lights Off: Spain and Portugal Plunge into Darkness

Rediff.com29 Apr 2025

Spain and Portugal suffered a major power outage on Monday, affecting millions and disrupting airports, metros, and telecom companies.

It's McLaren one-two as Piastri wins Spanish GP

It's McLaren one-two as Piastri wins Spanish GP

Rediff.com1 Jun 2025

Verstappen collided with Leclerc and twice with Mercedes' George Russell after the safety car restart.

Pope Francis: The Final Days

Pope Francis: The Final Days

Rediff.com21 Apr 2025

Glimpses of Pope Francis when he appeared for the first time, April 6, 2025, since his return to the Vatican after spending 38 days at the Gemelli hospital in Rome, recovering from a serious lung illness.

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.

Banks Struggle to Regain Deposits

Banks Struggle to Regain Deposits

Rediff.com13 Mar 2025

Privately, many bankers admit their immediate goal is not growth but slowing the erosion of Casa deposits, reveals Tamal Bandyopadhyay.

Tough Time Ahead for Banking Sector?

Tough Time Ahead for Banking Sector?

Rediff.com5 Mar 2025

Net NPAs increased to Rs 36,260 crore in the December quarter from Rs 34,843 crore in September and Rs 33,116 crore in December 2023, observes Tamal Bandyopadhyay.

Pope Francis passes away hours after delivering Easter message

Pope Francis passes away hours after delivering Easter message

Rediff.com21 Apr 2025

Pope Francis has died, the Vatican said on Monday. The Pope passed away on Easter Monday, April 21, 2025, at the age of 88 at his residence in the Vatican's Casa Santa Marta, according to a statement from the Vatican.

F1 Reveals 2026 Calendar: Madrid GP To Replace...

F1 Reveals 2026 Calendar: Madrid GP To Replace...

Rediff.com10 Jun 2025

Formula One will have two races in Spain next season with Madrid's new street circuit making its debut in September and Italy's Imola dropping off the 24-round calendar, F1 and the governing FIA announced on Tuesday.

How Will Nuns' Arrest Affect Kerala Politics?

How Will Nuns' Arrest Affect Kerala Politics?

Rediff.com6 Aug 2025

The current situation in Kerala politics is perhaps best described as a case of the state's traditional two front politics now seeing a third front (the BJP) muscling in with the potential outcome being either a messy three front affair or a renewed endorsement of the two front pattern but with one of the old fronts compromised or quashed, observes Shyam G Menon.

F1: Piastri on pole as McLaren lock out front row in Spain

F1: Piastri on pole as McLaren lock out front row in Spain

Rediff.com31 May 2025

F1 leader Oscar Piastri seized pole position from teammate and title rival Lando Norris by a hefty margin as dominant McLaren locked out the front row in Spanish Grand Prix.

Q4 result preview: Banks' net profit likely fell 4% on NIM pressure

Q4 result preview: Banks' net profit likely fell 4% on NIM pressure

Rediff.com15 Apr 2025

Net profit of 19 listed banks is likely to decline by 4 per cent year-on-year (Y-o-Y) for the quarter ended March (Q4FY25) mainly due to pressure on net interest margins (NIM) as a result of rate cut by the Reserve Bank of India (RBI), according to analysts' estimates. Additionally, loan growth is expected to further slowdown amid low demand in certain secured products, stress in the unsecured segment, and a high cost to deposit (CD) ratio across the system.

Injured Alcaraz pulls out of Madrid Open

Injured Alcaraz pulls out of Madrid Open

Rediff.com24 Apr 2025

Carlos Alcaraz withdrew from the Madrid Open on Thursday after the second seed said he was struggling with hamstring and groin injuries.

Shah Rukh To Move Out Of Mannat!

Shah Rukh To Move Out Of Mannat!

Rediff.com27 Feb 2025

Shah Rukh Khan is all set to move out of his famous residence, Mannat, in Mumbai and shift into a rented accommodation.

Alcaraz beats Fils, meets Rune in 3rd Barcelona Open final

Alcaraz beats Fils, meets Rune in 3rd Barcelona Open final

Rediff.com20 Apr 2025

World number two Carlos Alcaraz beat seventh seed Arthur Fils 6-2, 6-4 on Saturday to advance into his third Barcelona Open final, where the Spaniard will face Denmark's Holger Rune for the title.

Death of Pope Francis: India declares 3-day State mourning

Death of Pope Francis: India declares 3-day State mourning

Rediff.com22 Apr 2025

The mourning will be observed across the country on April 22 and 23, and again on the day of the Pope's funeral.

'Ambition to double the business within three years'

'Ambition to double the business within three years'

Rediff.com24 Feb 2025

'The way the bank is doing in the past 4-5 quarters, no reason to see why we will not be able to achieve that.'