News for 'Indian Banks'

India's trade deficit widens to 3-month high of $34.68 bn

India's trade deficit widens to 3-month high of $34.68 bn

Rediff.com16 Feb 2026

The country's exports rose marginally by 0.61 per cent to $36.56 billion in January, while trade deficit widened to a three-month high of $34.68 billion, government data showed on Monday.

Sensex sinks below 82K; Nifty ended down 75 points

Sensex sinks below 82K; Nifty ended down 75 points

Rediff.com21 Jan 2026

Stock market benchmarks ended with losses for the third straight session on Wednesday as heightened geopolitical tensions, weak global peers and persistent foreign fund outflows unnerved investors.

Homemaker's labour enables earning spouse to function well: HC

Homemaker's labour enables earning spouse to function well: HC

Rediff.com23 Feb 2026

The Delhi High Court has ruled that a homemaker's labor is essential for the earning spouse's success and that disregarding these contributions when determining maintenance is unjust. The court emphasized that a wife's non-employment should not be equated with idleness and that the economic value of her contributions must be recognized.

'Can't leave a question because it is out of syllabus...' SKY on Tariq

'Can't leave a question because it is out of syllabus...' SKY on Tariq

Rediff.com14 Feb 2026

We can't leave a question in exam because it is out of syllabus: SKY on Pak spinner Usman Tariq

'We're 2 biggest fugitives': Lalit Modi, Mallya mock India

'We're 2 biggest fugitives': Lalit Modi, Mallya mock India

Rediff.com24 Dec 2025

Lalit Modi posted a social media video from Vijay Mallya's 70th birthday party in London, referring to the pair as the 'two biggest fugitives' of India.

'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.'

Rupee ends flat at 90.66 against US dollar

Rupee ends flat at 90.66 against US dollar

Rediff.com9 Feb 2026

The rupee witnessed a volatile trading session and settled for the day on a slightly lower note, down 1 paisa at 90.66 against the US dollar on Monday, as traders assessed the details of the India-US interim trade framework.

'Can I Escape Capital Gain Tax, If...?'

'Can I Escape Capital Gain Tax, If...?'

Rediff.com17 Feb 2026

Ask rediffGURU and tax expert Mihir Tanna your income tax-related questions.

PSBs rework branch plan to pare costs

PSBs rework branch plan to pare costs

Rediff.com23 Dec 2025

In order to optimise branch efficiency, public sector banks (PSBs) are reworking their strategies to streamline operations and reduce cost amid changing customer behaviour. The strategies include closing or merging low traffic branches and reducing their size in smaller centres.

Sensex gains 398 points on easing of geopolitical tensions

Sensex gains 398 points on easing of geopolitical tensions

Rediff.com22 Jan 2026

Benchmark equity indices Sensex and Nifty rebounded on Thursday after three sessions of losses, tracking gains in global markets after US President Donald Trump struck a conciliatory tone on Greenland. In a volatile session, the 30-share BSE Sensex climbed 397.74 points, or 0.49 per cent, to close at 82,307.37.

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.

US visa curbs, AI surge will shape Indian IT in 2026

US visa curbs, AI surge will shape Indian IT in 2026

Rediff.com23 Dec 2025

India's $280-billion IT industry heads into 2026, balancing visa-related headwinds and global trade uncertainty against its biggest-ever push into artificial intelligence and the rapid expansion of global capability centres (GCCs). Heightened scrutiny of the US H-1B visa programme - including a proposed $100,000 fee for new visas and concerns over a potential 25 per cent outsourcing tax - has complicated cross-border delivery for Indian firms, even as companies accelerate efforts to reduce reliance on onsite staffing.

2025 Marks India's Arrival As A Great Power

2025 Marks India's Arrival As A Great Power

Rediff.com26 Jan 2026

In a world fractured by uncertainty, India stands out for its policy consistency, paired with sustained ambition, points out Pritam Banerjee.

Forced to Buy Home Loan Insurance? Know Your Rights

Forced to Buy Home Loan Insurance? Know Your Rights

Rediff.com4 Feb 2026

Ask rediffGURU Naveenn Kummar your insurance mutual fund and personal finance-related questions.

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.

Gold, Silver Surge Pushes Jan Import Bill Up

Gold, Silver Surge Pushes Jan Import Bill Up

Rediff.com19 Feb 2026

Gold imports climbed 349.22 per cent to $12.07 billion in January, while silver imports rose 127 per cent to $2 billion.

Rupee sees worst single-day fall in 2 months on importer dollar demand

Rupee sees worst single-day fall in 2 months on importer dollar demand

Rediff.com17 Jan 2026

The rupee witnessed its worst single-day decline in around two months since November 21, 2025, due to demand for dollars among importers, said dealers. The maturing short positions in the non-deliverable forwards market further weighed on the local currency.

Datanomics: Sending money from US to India gets costlier

Datanomics: Sending money from US to India gets costlier

Rediff.com20 Jan 2026

Sending money from the US to India has become costlier after a 1% excise tax on cash-based remittances took effect from January 1, 2026.

How Will Silver Fare In 2026?

How Will Silver Fare In 2026?

Rediff.com9 Feb 2026

New investors should enter gradually and with a long horizon. 'Staggered investment through systematic purchase plans is advisable rather than lump-sum buying.'

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.

Ajit Pawar Plane Crash: 'No Crew Would Crash A Plane'

Ajit Pawar Plane Crash: 'No Crew Would Crash A Plane'

Rediff.com23 Feb 2026

'In any aviation emergency, the first rule is aviate -- fly the aircraft.' 'The fact that the commander's voice is not on the recording simply means he was focused entirely on flying. It does not imply anything more than that.'

All Eyes On Sunday's Clash, Not Thursday's Game

All Eyes On Sunday's Clash, Not Thursday's Game

Rediff.com11 Feb 2026

In this rivalry, numbers fade and national pride takes centre stage.

SBI sells 13.18% Yes Bank pie for Rs 8,889 cr

SBI sells 13.18% Yes Bank pie for Rs 8,889 cr

Rediff.com17 Sep 2025

The country's largest lender State Bank of India on Wednesday announced the completion of the divestment of about 13.18 per cent stake in Yes Bank to Sumitomo Mitsui Banking Corporation of Japan for Rs 8,888.97 crore. State Bank of India (SBI) has received Rs 8,888.97 crore from the acquirer Sumitomo Mitsui Banking Corporation (SMBC), a Japanese multinational financial services company belonging to the Sumitomo Mitsui Financial Group (SMFG), the bank said in a regulatory filing.

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.

New national policy pegs Rs 200 trn investment in power sector by '47

New national policy pegs Rs 200 trn investment in power sector by '47

Rediff.com22 Jan 2026

The government on Wednesday put out the draft of a new policy that projects the country's power sector will need Rs 50 trillion in investments by 2032 and Rs 200 trillion by 2047, proposing ambitious reforms in generation, transmission and distribution.

U-19 WC: India eye revenge against Pakistan in Super Six

U-19 WC: India eye revenge against Pakistan in Super Six

Rediff.com31 Jan 2026

India face arch-rivals Pakistan in a high-stakes U-19 World Cup Super Six clash, seeking revenge for their crushing Asia Cup final defeat in Bulawayo.

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.

India will buy oil from Venezuela, not Iran: Trump

India will buy oil from Venezuela, not Iran: Trump

Rediff.com1 Feb 2026

The Indian government has not yet responded to Trump's comments yet.

'Death is...': Chilling details from Ghaziabad sisters' diary

'Death is...': Chilling details from Ghaziabad sisters' diary

Rediff.com5 Feb 2026

"Death is better for us than your beatings. That is why we are committing suicide... Sorry Papa."

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.

Rupee Logs 7-Year Best Day...

Rupee Logs 7-Year Best Day...

Rediff.com4 Feb 2026

The rupee, which was the worst performing Asian currency in 2025 and also in January, was the best performing Asian currency on Tuesday.

Budget 2026: What will Nirmala Sitharaman do?

Budget 2026: What will Nirmala Sitharaman do?

Rediff.com1 Feb 2026

Finance Minister Nirmala Sitharaman's biggest challenge will be to find a new growth driver, particularly against the backdrop of a global economy ravaged by heightened uncertainty and fragmentation, financial markets on a precipice, and global commodity prices on a continued uptrend.

Can India's batting might tame Pakistan's spin threat?

Can India's batting might tame Pakistan's spin threat?

Rediff.com14 Feb 2026

India and Pakistan clash in a highly anticipated T20 World Cup match. India needs middle-order stability and a fit Abhishek Sharma, while Pakistan's spin attack poses a threat. The weather forecast predicts a high chance of rain.

Rupee rises 13 paise to close at 90.34 against US dollar

Rupee rises 13 paise to close at 90.34 against US dollar

Rediff.com5 Feb 2026

The rupee appreciated 13 paise to close at 90.34 against the US dollar on Thursday, on trade deal optimism and overnight decline in commodity prices, even as the upside remained capped as investors look for more clarity on the India-US trade deal.

UPI Growth Slowdown Rings Alarm

UPI Growth Slowdown Rings Alarm

Rediff.com11 Feb 2026

This would imply a 29 per cent year-on-year rise, significantly lower than growth rates seen in recent years.

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.

VIDEO: Modi makes historic landing at Assam highway airstrip

VIDEO: Modi makes historic landing at Assam highway airstrip

Rediff.com14 Feb 2026

Prime Minister Narendra Modi inaugurated the Northeast's first Emergency Landing Facility in Assam, boosting regional defense and disaster response capabilities.

How Indian Institutions Can Shine On Global Stage

How Indian Institutions Can Shine On Global Stage

Rediff.com5 Dec 2025

The recipe for Indian higher education institutions to succeed in the global markets is excellence in academics, promoting contemporary socially relevant material, and enabling individuals (learners) to realise their full potential, suggests N Ravichandran.

Gogoi underwent 'some kind of training in Pak': Sarma

Gogoi underwent 'some kind of training in Pak': Sarma

Rediff.com8 Feb 2026

Assam Chief Minister Himanta Biswa Sarma has accused Congress MP Gaurav Gogoi of having a 'deeper connection' with a Pakistani national and violating FCRA rules, prompting calls for a national probe.

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.