News for 'Indian Banks'

Stock Markets Surge as Crude Oil Dips Below $100 Amid US-Iran Deal Hopes

Stock Markets Surge as Crude Oil Dips Below $100 Amid US-Iran Deal Hopes

Rediff.com25 May 2026

Indian benchmark equity indices Sensex and Nifty surged in early trade, driven by a sharp correction in crude oil prices below USD 100 per barrel and a rally in global markets, fuelled by improving sentiment surrounding US-Iran negotiations.

India's Auto Retail Sales Hit Record High in May Despite Fuel Price Hike

India's Auto Retail Sales Hit Record High in May Despite Fuel Price Hike

Rediff.com8 Jun 2026

India's total automobile retail sales recorded a significant 9.55 per cent year-on-year growth in May, reaching an all-time high of 25,31,067 units, driven by strong performances in three-wheelers, passenger vehicles, and tractors, despite prevailing heatwave conditions and fuel price pressures.

India Inc's Q4 Profit Margins Soar to 5-Year High on Cost Optimisation

India Inc's Q4 Profit Margins Soar to 5-Year High on Cost Optimisation

Rediff.com27 May 2026

Indian companies recorded their highest profit margins in 21 quarters during Q4FY26, reaching 11.3 per cent, primarily due to significant savings from lower employee costs and reduced interest payments, which offset rising raw material prices.

India's Demerger Trend Soars: Over $40 Billion in Deals in 2025

India's Demerger Trend Soars: Over $40 Billion in Deals in 2025

Rediff.com4 Jun 2026

Indian companies are increasingly opting for demergers, with 29 deals valued at over $40 billion in 2025 alone, marking a 10-year high, as promoters and boards recognise that markets favour focused businesses over complex conglomerates.

Stock Markets Edge Higher, IT Sector Shines Amid Volatility

Stock Markets Edge Higher, IT Sector Shines Amid Volatility

Rediff.com18 May 2026

Indian benchmark indices, Sensex and Nifty, closed marginally higher after a volatile trading session, driven by value buying in IT and select blue-chip counters, despite global crude price hikes and a weak rupee.

Regulatory Tightening, STT Hike Dampen Indian Equities Trading Volumes

Regulatory Tightening, STT Hike Dampen Indian Equities Trading Volumes

Rediff.com3 Apr 2026

Indian equities trading activity saw a moderation in FY26, with cash market turnover declining and derivatives growth remaining subdued due to regulatory tightening and weak market performance. Further impacts are expected from new RBI norms and a hike in Securities Transaction Tax (STT).

RBI Keen to Expand Use of Indian Rupee for Russian Trade

RBI Keen to Expand Use of Indian Rupee for Russian Trade

Rediff.com19 Mar 2026

The Reserve Bank of India (RBI) is exploring ways for Russian trade counterparts to use accumulated Indian rupees (INR) for imports or capital investments in India, aiming to boost INR-Rouble transactions and reduce reliance on the US dollar.

Sensex Rises Over 300 Points, Nifty Crosses 23,700 Amid Positive Market Sentiment

Sensex Rises Over 300 Points, Nifty Crosses 23,700 Amid Positive Market Sentiment

Rediff.com19 May 2026

Indian stock markets rallied in early trade after US President Donald Trump announced a halt to planned military strikes on Iran, citing requests from Gulf leaders and ongoing "very big discussions" that could lead to a deal. This de-escalation, coupled with foreign fund inflows and gains in IT and Adani group stocks, contributed to the positive market sentiment. Track Sensex and Nifty on May 19, 2026.

Gullak Season 5 Review: Still Very Likeable

Gullak Season 5 Review: Still Very Likeable

Rediff.com5 Jun 2026

TVF's popular family series, Gullak, returns for a fifth season, offering a refreshing contrast to crime shows with its focus on the mundane crises of the Mishra family, who navigate new challenges like home renovations, Wi-Fi installation, and the arrival of opinionated relatives.

UAE to store 30 mn barrels of crude in India's petroleum reserve: Misri

UAE to store 30 mn barrels of crude in India's petroleum reserve: Misri

Rediff.com16 May 2026

Foreign secretary Vikram Misri on Friday shared key details on agreements between India and the UAE, stating that the UAE will store up to 30 million barrels of crude oil in India's strategic petroleum reserve following Prime Minister Narendra Modi's visit.

Why India-China Border Dispute Remains Unresolved

Why India-China Border Dispute Remains Unresolved

Rediff.com8 Jun 2026

While tensions have eased at several friction points and mechanisms for managing the boundary have been reactivated, underlying differences persist. Disputes over naming practices in Arunachal Pradesh, continued infrastructure development on both sides, and unresolved questions regarding patrolling rights indicate that the structural gap remains, notes Dr Kumar.

What Virat Kohli said after RCB won IPL 2026

What Virat Kohli said after RCB won IPL 2026

Rediff.com1 Jun 2026

Virat Kohli says Royal Challengers Bengaluru's IPL 2026 title win was powered by a complete team effort, praising the squad's depth, bowling strength and belief after RCB defeated Gujarat Titans to secure their second IPL crown.

Indian banks in Canada fear biz loss amid row

Indian banks in Canada fear biz loss amid row

Rediff.com21 Oct 2024

If there is a decline in the number of Indian students pursuing higher studies in Canada due to the ongoing diplomatic tensions between the two countries, it may have implications for Indian banks operating in the North American country, senior bank officials said.

How TCS And Mistral Will Deliver AI Solutions Globally

How TCS And Mistral Will Deliver AI Solutions Globally

Rediff.com28 May 2026

Tata Consultancy Services has partnered with French artificial intelligence firm Mistral to provide frontier grade AI solution, Mistral Forge, for enterprises across the world.

RBI proposes to cap banks' dividend payout at 75% of net profit

RBI proposes to cap banks' dividend payout at 75% of net profit

Rediff.com7 Jan 2026

The Reserve Bank of India (RBI) on Tuesday came out with a draft framework on declaration of dividend by banks, as it proposed capping dividend payout to shareholders at 75 per cent of their net profit-- also called profit after tax (PAT).

SRH vs RR IPL Eliminator set for firecracker clash

SRH vs RR IPL Eliminator set for firecracker clash

Rediff.com26 May 2026

The ferocity and fearlessness of a 15-year-old Vaibhav Sooryavanshi will be pitted against the combined might of an explosive top-order when a resurgent Rajasthan Royals run into a solid Sunrisers Hyderabad in the Indian Premier League Eliminator in Mullanpur on Wednesday.

Uzbekistan, Kyrgyzstan Women Held in Dehradun Over Forged Indian IDs

Uzbekistan, Kyrgyzstan Women Held in Dehradun Over Forged Indian IDs

Rediff.com29 Mar 2026

Police in Dehradun arrested two women from Uzbekistan and one from Kyrgyzstan for allegedly residing in the area with counterfeit Indian identification documents.

DII holdings in Nifty 500 hit record 20.9%, FPIs' slid to a new low in Q4

DII holdings in Nifty 500 hit record 20.9%, FPIs' slid to a new low in Q4

Rediff.com13 May 2026

Domestic Institutional Investors (DIIs) have significantly increased their holdings in Nifty 500 companies, reaching a record 20.9 per cent by the end of March, while Foreign Portfolio Investors (FPIs) reduced their ownership to an all-time low of 17.1 per cent, according to Motilal Oswal Financial Services.

Stock markets today: Sensex, Nifty slump on fresh West Asia tensions, oil price

Stock markets today: Sensex, Nifty slump on fresh West Asia tensions, oil price

Rediff.com18 May 2026

Indian benchmark indices Sensex and Nifty experienced a significant slump in early trade, mirroring weak global trends, as escalating tensions in West Asia, particularly a drone attack on the UAE's Barakah nuclear facility, pushed crude oil prices higher. Track Sensex, Nifty50 movement and key market drivers for May 18, 2026.

How Young Players Sparked Kohli's Batting Reinvention In IPL 2026

How Young Players Sparked Kohli's Batting Reinvention In IPL 2026

Rediff.com1 Jun 2026

Virat Kohli credits the influence of young players for his T20 reinvention and fastest IPL fifty, leading Royal Challengers Bengaluru to their second successive trophy. He highlights the team's depth and shared responsibility in securing the IPL title.

'95-96 To A Dollar Is Not A Healthy Sign At All'

'95-96 To A Dollar Is Not A Healthy Sign At All'

Rediff.com20 May 2026

'Once the currency goes out of the hand, then possibly your major challenge is that it will not come back.'

Prudential to acquire 75% stake in Bharti Life Insurance for Rs 3,500 crore

Prudential to acquire 75% stake in Bharti Life Insurance for Rs 3,500 crore

Rediff.com18 May 2026

Prudential plc has announced its acquisition of a 75 per cent stake in Bharti Life Insurance for approximately 3,500 crore, a strategic move to secure majority ownership in the Indian life insurance market. This acquisition necessitates Prudential reducing its holding in ICICI Prudential Life Insurance to below 10 per cent.

RBI UPI Delay Plan Gets Banker Backing

RBI UPI Delay Plan Gets Banker Backing

Rediff.com21 Apr 2026

'It is a tradeoff between convenience and fraud prevention.'

'In India Politics Has Taken Over Business'

'In India Politics Has Taken Over Business'

Rediff.com20 May 2026

'When we start describing somebody as an enemy that is the start of politics and emotion after which no business can take place.' 'We need to get out of this, allow Indian businessmen to do business with China.'

UK Court Upholds Nirav Modi Extradition Order After Reviewing Indian Assurances

UK Court Upholds Nirav Modi Extradition Order After Reviewing Indian Assurances

Rediff.com26 Mar 2026

The UK High Court has rejected Nirav Modi's attempt to reopen his extradition case, citing the Indian government's comprehensive assurances against torture as sufficient to allow his transfer to India.

Markets to Track West Asia Situation, Crude Oil Prices This Week

Markets to Track West Asia Situation, Crude Oil Prices This Week

Rediff.com10 May 2026

Indian stock markets are expected to remain highly sensitive to geopolitical developments, particularly the US-Iran situation, and crude oil prices this week, with analysts also highlighting the influence of the rupee-dollar trend, foreign investor activity, and upcoming inflation data.

RBI Proposes Strict Curbs On Bank Recovery Agents

RBI Proposes Strict Curbs On Bank Recovery Agents

Rediff.com13 Feb 2026

Abusive language, threats, harassment, excessive or anonymous calls, public humiliation, and misleading representations are explicitly prohibited.

Why RBI's forex cap direction has not worked

Why RBI's forex cap direction has not worked

Rediff.com7 Apr 2026

The Reserve Bank of India's (RBI) cap on banks' forex positions provided only a temporary boost to the rupee, with the currency quickly reversing gains and breaching the 95-per-dollar mark due to persistent underlying pressures.

Global Jitters Keep FPIs on Edge, Rs 14,231 Crore Pulled Out in May

Global Jitters Keep FPIs on Edge, Rs 14,231 Crore Pulled Out in May

Rediff.com10 May 2026

Foreign Portfolio Investors (FPIs) have withdrawn Rs 14,231 crore from Indian equities so far in May, extending the total outflow for 2026 to over Rs 2 lakh crore, driven by persistent global macroeconomic uncertainties including inflation, interest rates, and geopolitical risks.

RBI may rationalise board norms, shift focus to strategy, policy

RBI may rationalise board norms, shift focus to strategy, policy

Rediff.com9 Apr 2026

The Reserve Bank of India (RBI) is set to revise its directives for bank boards, aiming to alleviate operational burdens and enable them to concentrate on crucial policy and strategic decision-making, thereby enhancing corporate governance in the Indian banking sector.

Sebi's Revised Methodology Boosts India's Household Savings Ratio

Sebi's Revised Methodology Boosts India's Household Savings Ratio

Rediff.com21 May 2026

India's gross savings rate is projected to be nearly 47 basis points higher in FY25 than previously estimated, following the Securities and Exchange Board of India's (Sebi) revision of the methodology for calculating household savings routed through the securities market.

Geopolitical Tensions, Rupee at Record Low Weigh on Market Sentiment

Geopolitical Tensions, Rupee at Record Low Weigh on Market Sentiment

Rediff.com5 May 2026

Indian benchmark indices Sensex and Nifty experienced a decline due to renewed geopolitical concerns in the Strait of Hormuz, a strained US-Iran ceasefire, and the rupee hitting a record low against the US dollar.

How Delhi Police Busted Cyber Fraud Impersonating Air Force Officials

How Delhi Police Busted Cyber Fraud Impersonating Air Force Officials

Rediff.com8 May 2026

Delhi Police have dismantled a cyber fraud racket based in Mewat, arresting four individuals for allegedly impersonating Indian Air Force officials and defrauding businessmen using forged documents.

Stock markets today: Sensex, Nifty50 slump in early trade

Stock markets today: Sensex, Nifty50 slump in early trade

Rediff.com8 May 2026

Indian equity markets experienced a significant decline in early trade, with the BSE Sensex and NSE Nifty dropping, as escalating geopolitical tensions in West Asia and a surge in global oil prices dampened investor sentiment. Track Sensex, Nifty50 movement and key market drivers for May 8, 2026.

Modi's Austerity Push Faces Reality Test

Modi's Austerity Push Faces Reality Test

Rediff.com25 May 2026

Following through announcements with enforcement of measures is key, as a run through recent Indian economic history shows, points out A K Bhattacharya.

RBI Governor Signals Action If Iran War Leads To Entrenched Inflation

RBI Governor Signals Action If Iran War Leads To Entrenched Inflation

Rediff.com14 May 2026

'If the war continue for a longer period of time, it is just a matter of time before the government will pass on some of the price increases.'

Sri Lanka airport lease near China-controlled Hambantota port opens door for India

Sri Lanka airport lease near China-controlled Hambantota port opens door for India

Rediff.com17 May 2026

India is closely monitoring Sri Lanka's decision to offer foreign investors control of an airport near the China-controlled Hambantota port, as it could present a rare opening for Indian firms seeking strategic footholds in the Indian Ocean.

Stock Markets Today: Sensex, Nifty Tumble as West Asia Conflict & PM Modi's Austerity Appeal Spook Investors

Stock Markets Today: Sensex, Nifty Tumble as West Asia Conflict & PM Modi's Austerity Appeal Spook Investors

Rediff.com11 May 2026

Indian stock markets experienced a significant sell-off, with the Sensex tumbling over 1,300 points, driven by escalating crude oil prices due to US-Iran tensions and Prime Minister Narendra Modi's call for austerity measures, which amplified investor concerns about India's economic outlook.

UPI Transactions Surge to Record Levels in March

UPI Transactions Surge to Record Levels in March

Rediff.com2 Apr 2026

Unified Payments Interface (UPI) transactions in India reached a record high in March, with 22.64 billion transactions, marking a significant increase from the previous year and highlighting the growing adoption of digital payments.

How Uttar Pradesh's Crime Policy Achieved 93% Conviction Rate

How Uttar Pradesh's Crime Policy Achieved 93% Conviction Rate

Rediff.com1 Jun 2026

Uttar Pradesh DGP Rajeev Krishna announced a conviction rate of over 93 per cent due to the state's 'zero tolerance' policy against crime. Authorities seized properties worth nearly Rs 788.38 crore linked to criminal activities.