News for 'From State Bank of India'

DPDP to Push Up IT Costs for Banks, Firms

DPDP to Push Up IT Costs for Banks, Firms

Rediff.com25 Nov 2025

Companies, particularly those that are notified as Significant Data Fiduciaries, will have to make extensive investments in data mapping, process modification, consent management tools, tools to enable Data Principal Rights, and establish a well-structured Data Privacy Officer organisation.

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.

Babri mosque row turns Murshidabad into Bengal's hottest poll flashpoint

Babri mosque row turns Murshidabad into Bengal's hottest poll flashpoint

Rediff.com6 Apr 2026

The construction of a Babri Masjid-style mosque in West Bengal's Murshidabad district has become a focal point in the upcoming elections, reshaping voter loyalties and raising communal tensions.

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.

Iran's Consul-General: 'We Hold The Upper Hand'

Iran's Consul-General: 'We Hold The Upper Hand'

Rediff.com21 Mar 2026

'Despite the large number of missiles and drones we have already launched, we still possess reserves and missile cities whose doors have not yet been opened,' says Iran's Consul-General Saeid Reza Mosayeb Motlagh.

Vijayan Rebuts Rahul Gandhi's LDF-BJP Collusion Allegations in Kerala

Vijayan Rebuts Rahul Gandhi's LDF-BJP Collusion Allegations in Kerala

Rediff.com26 Mar 2026

Kerala Chief Minister Pinarayi Vijayan has strongly refuted Rahul Gandhi's claims of collusion between the LDF and BJP in the upcoming Kerala Assembly elections, accusing the Congress leader and his party of being the BJP's 'B-team'. The Congress has retaliated, alleging that Vijayan is trying to appease Prime Minister Modi and Home Minister Shah.

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.

Banerjee Accuses Modi of Being 'Biggest Infiltrator' Amid Voter Roll Row

Banerjee Accuses Modi of Being 'Biggest Infiltrator' Amid Voter Roll Row

Rediff.com21 Mar 2026

West Bengal Chief Minister Mamata Banerjee has accused the BJP-led central government of attempting to suppress voting rights through voter roll revisions, describing Prime Minister Narendra Modi as the 'biggest infiltrator'. She framed the upcoming assembly elections as a fight for democratic rights and Bengal's social harmony.

M&A financing the new frontier for banks, but RBI's watching

M&A financing the new frontier for banks, but RBI's watching

Rediff.com26 Nov 2025

Mint Road's proposals on banks' M&A funding are cautious even as entrants root for more elbow room, and weigh business models.

'Modi biggest infiltrator': Mamata at Eid congregation

'Modi biggest infiltrator': Mamata at Eid congregation

Rediff.com21 Mar 2026

West Bengal Chief Minister Mamata Banerjee has accused the BJP-led central government of attempting to suppress voting rights through voter roll revisions, describing Prime Minister Narendra Modi as the 'biggest infiltrator'.

Stock Markets Today March 25, 2026 ' Sensex, Nifty50 Rally on US-Iran Ceasefire Hopes

Stock Markets Today March 25, 2026 ' Sensex, Nifty50 Rally on US-Iran Ceasefire Hopes

Rediff.com25 Mar 2026

Indian markets on Dalal Street rallied sharply as easing tensions in the US-Iran conflict and stable oil prices boosted sentiment. Track Nifty 50 and BSE Sensex performance and key global triggers.

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.

Trade union strike sees mixed response; normal life unaffected

Trade union strike sees mixed response; normal life unaffected

Rediff.com12 Feb 2026

A nationwide strike called by central trade unions saw a mixed response across India, impacting various sectors and states differently, with some areas experiencing disruptions while others remained largely unaffected.

My Mother, Asha Bhosle

My Mother, Asha Bhosle

Rediff.com13 Apr 2026

Asha Bhosle's only daughter Varsha Bhosle, who died in 2012, had penned this beautiful ode to her mother.

Sensex sinks 504 points amid weak global trends

Sensex sinks 504 points amid weak global trends

Rediff.com5 Feb 2026

Benchmark indices Sensex and Nifty ended lower on Thursday, snapping a three-day rally, amid a weak trend in global stock markets.

India-US Deal Shields Farmers

India-US Deal Shields Farmers

Rediff.com4 Feb 2026

New Delhi will substantially reduce tariffs on industrial and agricultural goods while continuing to protect sensitive sectors. Tariffs on some agricultural products that are not traditionally considered sensitive will be brought down to zero, while in the case of relatively sensitive items, duties will be reduced in a graded manner and quotas will be imposed.

Fino 1st payments bank to get RBI nod to turn SFB

Fino 1st payments bank to get RBI nod to turn SFB

Rediff.com6 Dec 2025

Fino Payments Bank (Fino) has become the first such entity to get an in-principle approval from the Reserve Bank of India (RBI) to transition into a small finance bank (SFB).

Pan-India LeT module busted, 7 Bangladeshis among 8 held

Pan-India LeT module busted, 7 Bangladeshis among 8 held

Rediff.com22 Feb 2026

In a major counter-terror operation spanning three states, the Delhi Police has dismantled a Lashkar-e-Taiba (LeT) module comprising eight operatives, including seven Bangladeshi nationals who had illegally entered India and procured forged identity documents, an official said on Sunday.

Top Indian Athletes Ready for National Indoor Championships Ahead of Asian Games

Top Indian Athletes Ready for National Indoor Championships Ahead of Asian Games

Rediff.com23 Mar 2026

Top Indian athletes, including Animesh Kujur and Praveen Chithravel, are set to compete in the inaugural National Indoor Championships, using the event as preparation for the Asian Games later this year.

At least 2 Indian banks should be in global top 20: PSB chiefs

At least 2 Indian banks should be in global top 20: PSB chiefs

Rediff.com30 Oct 2025

Batting for further consolidation in public sector banking, the executives of top public sector banks (PSBs) said there should be at least two Indian banking entities among the top 20 global banks.

Banerjee Slams BJP, Alleges Plot to Snatch Voting Rights

Banerjee Slams BJP, Alleges Plot to Snatch Voting Rights

Rediff.com21 Mar 2026

West Bengal Chief Minister Mamata Banerjee launched a scathing attack on the BJP-led central government, accusing it of attempting to suppress voting rights and polarise the electorate ahead of the assembly elections.

'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.'

Why Kashmiris Are Donating Gold, Money For Iran

Why Kashmiris Are Donating Gold, Money For Iran

Rediff.com25 Mar 2026

'Many have contributed in terms of gold and silver. Ladies in big numbers have contributed their home belongings and gold.' 'Some have donated their cars too.'

Bharat Taxi Surpasses 2 Million Users, Focuses on Driver Welfare

Bharat Taxi Surpasses 2 Million Users, Focuses on Driver Welfare

Rediff.com17 Mar 2026

Cooperation Minister Amit Shah announces Bharat Taxi, a cooperative-led ride-hailing platform, has reached 2.13 million users and 231,000 drivers. The platform operates on a zero-commission model, prioritising driver welfare and expansion into Tier 2 and 3 cities.

Iran war: Fiscal pressures on govt may mount next FY, say experts

Iran war: Fiscal pressures on govt may mount next FY, say experts

Rediff.com19 Mar 2026

Revenue collection next financial year may be affected, and, along with this, subsidies on food and fertilisers can go up if the war in West Asia drags for long, according to experts.

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.

STT hike on Futures drags markets down; Sensex crashes 1,547 points

STT hike on Futures drags markets down; Sensex crashes 1,547 points

Rediff.com1 Feb 2026

Benchmark stock indices Sensex and Nifty dived sharply by nearly 2 per cent on Sunday after Finance Minister Nirmala Sitharaman proposed a hike in the Securities Transaction Tax (STT) on derivatives. Reversing the early gains, the 30-share BSE Sensex plunged sharply by 2,370.36 points or 2.88 per cent to slide below the 80,000-mark at 79,899.42 in afternoon trade as the finance minister announced a hike in STT on futures contracts to 0.05 per cent from the current 0.02 per cent.

'Transgender Persons Will Have To Show Their Genitals As Proof'

'Transgender Persons Will Have To Show Their Genitals As Proof'

Rediff.com27 Mar 2026

'Lakhs of transgender people's identities will get erased. Many of them will go into hiding and lead depressing lives.'

'India Has More Job Opportunities Than Skilled People'

'India Has More Job Opportunities Than Skilled People'

Rediff.com23 Jan 2026

'Given that the population is almost evenly split, the Indian economy cannot grow without women participating in the workforce.' 'While women's participation has increased, it is still well below 40 per cent,' says Kartik Narayan, CEO of the professional networking and jobs platform, Apna.

Three Arrested in Cyber Fraud Case Involving Rs 82 Crore

Three Arrested in Cyber Fraud Case Involving Rs 82 Crore

Rediff.com28 Feb 2026

Three individuals have been arrested in Shivamogga, Karnataka, in connection with a nationwide cyber fraud operation involving over Rs 82 crore and 352 registered complaints.

'Viksit Bharat cannot truly become a reality unless...'

'Viksit Bharat cannot truly become a reality unless...'

Rediff.com12 Feb 2026

'The real question is how best to leverage technology to deliver better services, all the way to the last mile, where we still haven't been able to get across the financial literacy that can enable us to unlock the potential of the entire country.'

Iran Ceasefire: Pakistan Was Reading From Washington's Script

Iran Ceasefire: Pakistan Was Reading From Washington's Script

Rediff.com8 Apr 2026

By all available indications, the White House drafted a face-saving note and handed it, ready-made, to Islamabad. Pakistani Prime Minister Shehbaz Sharif was supposed to then post it in the guise of a plea urging Trump to extend the deadline by two weeks 'to allow diplomacy to run its course'. Trump would then graciously accept Pakistan's 'request' and declare a ceasefire. Sharif dutifully posted the message on X. Except that he, or whoever was handling the account, forgot to delete the tell-tale first line visible in the edit history: 'Draft - Pakistan's PM Message on X'. Prem Panicker's must read blog on the Iran War.

Nifty hits record intra-day high; Sensex jumps 573 points

Nifty hits record intra-day high; Sensex jumps 573 points

Rediff.com2 Jan 2026

From the 30-Sensex firms, NTPC, Trent, Bajaj Finance, Power Grid, Maruti, State Bank of India, ICICI Bank and Bharat Electronics were among the biggest gainers. In contrast, ITC, Kotak Mahindra Bank, Titan Company, Axis Bank and Bharti Airtel were the laggards.

CBI books Anil Ambani's RCOM for Rs 2,000-cr bank fraud

CBI books Anil Ambani's RCOM for Rs 2,000-cr bank fraud

Rediff.com23 Aug 2025

The Central Bureau of Investigation has filed a case against Reliance Communications and its promoter-director Anil Ambani, for an alleged bank fraud that caused a loss of over Rs 2,000 crore to State Bank of India, officials said on Saturday. The agency is carrying out searches at the residence of Anil Ambani and premises linked to RCOM in connection with the case, they said.

Tamil Nadu polls: AIADMK promises free fridge to voters

Tamil Nadu polls: AIADMK promises free fridge to voters

Rediff.com25 Mar 2026

AIADMK general secretary Edappadi K Palaniswami has announced a series of welfare measures, including free refrigerators for rice ration cardholders, if the party wins the 2026 Assembly election in Tamil Nadu.

'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.'

Bank customers can opt for up to four nominees from Nov 1

Bank customers can opt for up to four nominees from Nov 1

Rediff.com23 Oct 2025

Beginning next month, a bank customer can opt for up to four nominees in her or his account with a view to ensure uniformity, and efficiency in claim settlement across the banking system. The key provisions relating to Nomination under the Banking Laws (Amendment) Act, 2025 will come into effect from November 1, 2025, a finance ministry statement said on Thursday.

PSPB Men Dominate, RBI Women Prevail at Senior Table Tennis Nationals

PSPB Men Dominate, RBI Women Prevail at Senior Table Tennis Nationals

Rediff.com17 Mar 2026

Petroleum Sports Promotion Board (PSPB) men secured a dominant victory at the Senior Table Tennis National Championships, while Reserve Bank of India (RBI) women reclaimed their title after two years.

Will Trump Send Troops To Iran By The Weekend?

Will Trump Send Troops To Iran By The Weekend?

Rediff.com26 Mar 2026

Taking Kharg would give the US control over virtually all of Iran's oil exports and thus provide significant leverage, notes Prem Panicker in his must read daily blog on the Gulf War. It would also put American troops within range of Iran's remaining missiles, drones, and artillery on a piece of real estate that is just eight square miles in size, and just 15 miles from the Iranian mainland.

BJP Promises to Replicate Assam Model in Bengal

BJP Promises to Replicate Assam Model in Bengal

Rediff.com2 Mar 2026

BJP national president Nitin Nabin announced the party's plan to replicate Assam's 'detect, delete and deport' model to expel alleged Bangladeshi infiltrators in West Bengal if voted to power.