News for 'Indian Banks'

Vasco trounce Indian Bank

Vasco trounce Indian Bank

Rediff.com25 Feb 2003

A second-half blitz gave the Goa side a 4-1 victory in the National Football League.

Consumer goods companies bank on festivals for urban demand revival

Consumer goods companies bank on festivals for urban demand revival

Rediff.com2 Aug 2025

Fast-moving consumer goods (FMCG) companies, retail firms, and producers of consumer durables are witnessing stable urban demand. However, people in the trade are waiting for clearer signs of revival closer to the festival season, starting in September.

SBI, 25 other major Indian banks figure in suspicious transactions list

SBI, 25 other major Indian banks figure in suspicious transactions list

Rediff.com22 Sep 2020

Banks say they themselves red-flagged the transactions to RBI. It must be noted that these transactions are not outright evidence of fraud or proof of nefarious activities.

Sensex dives 556 points, Nifty settles below 25,000

Sensex dives 556 points, Nifty settles below 25,000

Rediff.com25 Sep 2025

Among Sensex firms, Trent, Power Grid, Tata Motors, Tata Consultancy Services, Asian Paints, NTPC, Adani Ports and Bajaj Finance were the laggards. However, Bharat Electronics, Axis Bank and Bharti Airtel were the major gainers.

Vasco end Indian Bank's unbeaten run

Vasco end Indian Bank's unbeaten run

Rediff.com4 Dec 2002

A fine brace by Brazilian striker Marcos Pereira gave the Goa side full points in the National Football League match.\n\n

'Indian Cricket Changed My Life'

'Indian Cricket Changed My Life'

Rediff.com16 Jul 2025

'I have a deep affection for Indian cricket. If someone asked me to come back, I wouldn't say no.'

SBI@70: Who Says The Elephant Can't Dance?

SBI@70: Who Says The Elephant Can't Dance?

Rediff.com7 Jul 2025

While a giant, it's a nimble-footed one, and is growing at a speed that even some of its private sector peers find enviable.
Between FY18 and FY24, it doubled its balance sheet. Despite being a late entrant in some segments, it has been able to grab market share, observes Tamal Bandyopadhyay.

How US-based Jane Street siphoned Rs 36,000 cr from Indian markets

How US-based Jane Street siphoned Rs 36,000 cr from Indian markets

Rediff.com4 Jul 2025

The strategy was straightforward - aggressively buy select Bank Nifty index stocks in the morning and sell them just as forcefully later in the day, triggering a sharp drop in share prices.

'India needs capital support in aerospace and defence'

'India needs capital support in aerospace and defence'

Rediff.com21 Sep 2025

'If we want to pivot meaningfully from a services-driven economy to a technology and manufacturing-led one.'

Delhi baba questioned in room where he raped students

Delhi baba questioned in room where he raped students

Rediff.com29 Sep 2025

Delhi Police on Monday questioned Chaitanyananda Saraswati in connection with allegations of sexual harassment of female students at Sri Sharda Institute of Indian Management.

Private banks leading AI adoption in banking services, says RBI study

Private banks leading AI adoption in banking services, says RBI study

Rediff.com22 Oct 2024

Private sector banks in India are taking the lead in the adoption of Artificial Intelligence (AI) in areas like fraud detection, customer segmentation, and chat automation, according to a Reserve Bank of India (RBI) study. The asset size and capital adequacy ratio are influencing the rate of adoption.

Tariffs pose downside risk to India's economy: RBI

Tariffs pose downside risk to India's economy: RBI

Rediff.com28 Aug 2025

Persisting uncertainties related to the US trade policies pose downside risk to the overall demand in the Indian economy while the inflation outlook for the near term has become more benign than anticipated earlier, RBI said in its latest bulletin on Thursday. In the August bulletin, the Reserve Bank of India (RBI) also said that India's sovereign rating upgrade by S&P bodes well for capital inflows and sovereign yields, going forward.

Indian banks face restrictions in US

Indian banks face restrictions in US

Rediff.com1 Aug 2006

Indian banks are facing restrictions in opening new branches in the US, Finance Minister P Chidambaram told the Rajya Sabha on Tuesday.

From Gujarat To Global Stage: Modi's 25 Year Journey

From Gujarat To Global Stage: Modi's 25 Year Journey

Rediff.com22 Oct 2025

'I disagree with much of Modi's politics, but it cannot be denied that in these years in office, he has carved more than a niche for himself in history,' points out Nilanjan Mukhopadhyay, author, Narendra Modi: The Man, The Times.

Sebi attaches bank, demat, MF accounts of Mehul Choksi to recover Rs 2.1 cr dues

Sebi attaches bank, demat, MF accounts of Mehul Choksi to recover Rs 2.1 cr dues

Rediff.com6 Jun 2025

Markets regulator Sebi has ordered the attachment of bank accounts and shares and mutual fund holdings of absconding diamantaire Mehul Choksi to recover dues totalling Rs 2.1 crore in a case of violation of insider trading rules in the shares of Gitanjali Gems.

Credit quality of companies likely to remain stable in H2

Credit quality of companies likely to remain stable in H2

Rediff.com8 Oct 2025

Credit quality of Indian corporate is expected to be stable in the second half of the current financial year (H2FY26), supported by easing monetary cycle, and declining inflation, coupled with income-tax relief and rationalisation of the goods and service tax (GST) rates, among others.

Urgent Need For Data Sovereignty

Urgent Need For Data Sovereignty

Rediff.com13 Oct 2025

'When global politics has some intervention on the core software one uses, and if you are cut off from your own data in critical workflows, sovereignty is no longer optional. It becomes a necessity.'

Mallya fights Indian banks' attempt to recover dues in UK

Mallya fights Indian banks' attempt to recover dues in UK

Rediff.com4 Apr 2019

At a hearing before Master David Cook at the Queen's Bench Division of the court, Mallya's legal team sought a dismissal of the interim order.

Why rich Indians are planning to move to Greece or Grenada

Why rich Indians are planning to move to Greece or Grenada

Rediff.com21 Jul 2025

Given the strong interest among rich Indians to settle abroad, the Dubai-based company has opened a full-fledged office in New Delhi and plans to follow it up soon with an office in Mumbai and then a few in central and southern parts of the country.

Why rich Indians are planning to move to Greece or Grenada

Why rich Indians are planning to move to Greece or Grenada

Rediff.com21 Jul 2025

Given the strong interest among rich Indians to settle abroad, the Dubai-based company has opened a full-fledged office in New Delhi and plans to follow it up soon with an office in Mumbai and then a few in central and southern parts of the country.

Indian Bank's remittance service for NRIs

Indian Bank's remittance service for NRIs

Rediff.com21 Sep 2004

Indian Bank on Tuesday launched IndRemit, an online money transfer service that allows Non-Resident Indians in the United States to make online money remittance to India.

Where Indian banks fall short

Where Indian banks fall short

Rediff.com15 Dec 2005

'Crime Wasn't Just Fraud. It Was Murder For Profit'

'Crime Wasn't Just Fraud. It Was Murder For Profit'

Rediff.com8 Oct 2025

Murders disguised as accidents. In one horrifying case, a man insured his father, mother, and wife -- then allegedly killed them all. He claimed Rs 54 crore in insurance.

'From March 2026, India Should Resume Long-Term Uptrend'

'From March 2026, India Should Resume Long-Term Uptrend'

Rediff.com29 Sep 2025

'Indian markets may underperform global peers for the next two quarters.' 'But beyond that, India should catch up and resume its long-term growth path.'

'Vijay Won't Fade Away From Tamil Nadu Politics'

'Vijay Won't Fade Away From Tamil Nadu Politics'

Rediff.com10 Oct 2025

'What is worrying other parties is those 10-11 year olds who come for his meetings will cross 18 in the next election. And they will vote for him, and then his vote bank will double.' 'In that case, he will be a very serious player! This is the real scare for other political parties.'

Moody's downgrades Indian banks, govt fumes

Moody's downgrades Indian banks, govt fumes

Rediff.com9 Nov 2011

International credit ratings agency Moody's Investors Service changed its outlook for India's banking system to negative from stable due to concerns that an increasingly challenging operating environment will adversely affect asset quality, capitalisation, and profitability.

Sovereign wealth funds, pension players leave other FPIs blinking

Sovereign wealth funds, pension players leave other FPIs blinking

Rediff.com30 Sep 2025

Entities controlled by governments - sovereign wealth funds, and pension funds - have recorded higher growth in equity assets under custody compared to other foreign portfolio investors (FPIs) over the past five years.

Why Indian Tennis Is In A Slump

Why Indian Tennis Is In A Slump

Rediff.com7 Jun 2025

'We were the best team in Asia at one point. Today, we are barely in the reckoning for the Davis Cup.' 'Players now, especially this decade, lack perseverance.'

Indian banks urge UK court to declare Mallya bankrupt

Indian banks urge UK court to declare Mallya bankrupt

Rediff.com11 Dec 2019

A consortium of Indian public sector banks led by SBI sought a bankruptcy order against embattled liquor tycoon Vijay Mallya during a high court hearing in London on Wednesday as part of efforts to recoup around 1.145 billion pounds in unpaid loans. Mallya's legal team, led by barrister Philip Marshall, argued for the bankruptcy petition to be dismissed because their client was being unfairly pursued by the banks in India and the UK on opposing grounds.

India Inc growth stuck in slow lane; core earnings shrink in Q1FY26

India Inc growth stuck in slow lane; core earnings shrink in Q1FY26

Rediff.com25 Aug 2025

The more things change, the more they remain the same for corporate India. In the April-June 2025 period (Q1FY26) - for the ninth consecutive quarter - listed companies witnessed only single-digit revenue growth, while their core earnings, excluding other income and one-time gains, contracted for the second time in four quarters. This comes as firms brace for the impact of 50 per cent US tariff on Indian goods.

Team India Sponsorship: BCCI bars gaming, crypto firms

Team India Sponsorship: BCCI bars gaming, crypto firms

Rediff.com2 Sep 2025

The BCCI invited bids for the Indian cricket team's title sponsorship rights after fantasy sports giants Dream11's pullout.

Bihar Polls: Non-Stop Contest For Sops

Bihar Polls: Non-Stop Contest For Sops

Rediff.com2 Oct 2025

Both NDA and INDIA are racing to woo marginalised groups with Assembly polls fast approaching.

Gold rally may pause as investors eye US Fed policy decision

Gold rally may pause as investors eye US Fed policy decision

Rediff.com14 Sep 2025

Gold prices are expected to maintain their upward momentum though some consolidation could set in ahead of the US Federal Reserve's policy decision on September 17, analysts said. Traders will focus on the trade inflation data to gauge the impact of tariffs, inflation numbers from major economies including UK and Euro zone, along with monetary policy meetings of Bank of England and Bank of Japan which will provide more guidance for bullion prices, they added.

H1B Visa Hike: Come Back Home, Say Experts

H1B Visa Hike: Come Back Home, Say Experts

Rediff.com24 Sep 2025

'Returning Indians can leverage their international skills and the strong funding environment for start-ups here.'

Provident Fund Problems? Your Qs Answered

Provident Fund Problems? Your Qs Answered

Rediff.com13 Oct 2025

Ask rediffGURU Reetika Sharma your insurance mutual fund and personal finance-related questions.

Bahrain unrest gets to Indian banks

Bahrain unrest gets to Indian banks

Rediff.com8 Apr 2011

Bahrain has of late emerged as a regional hub for banking because of low tax rates and easy regulations. At present, 409 banks and financial institutions have operations there.

Factors that will drive the markets this week

Factors that will drive the markets this week

Rediff.com28 Sep 2025

Stock markets will be driven by RBI's interest rate decision, tariff-related developments, global trends and trading activity of foreign investors in this holiday-shortened week, analysts said.

Maratha Quota Stir: 'Business Is Affected'

Maratha Quota Stir: 'Business Is Affected'

Rediff.com2 Sep 2025

'All commercial and banking transactions happen in South Mumbai.'

Why Trust In Ambani, Adani, India Inc Is Vital

Why Trust In Ambani, Adani, India Inc Is Vital

Rediff.com12 Sep 2025

Who else will take on the might of Microsoft, Google, and Amazon if not the Adanis, Ambanis, Birlas, or Tatas?, asks R Jagannathan.

UK court defers Indian banks' plea to declare Mallya bankrupt

UK court defers Indian banks' plea to declare Mallya bankrupt

Rediff.com10 Apr 2020

In a relief to liquor baron Vijay Mallya, the high court in London has deferred hearings on a plea by the SBI-led consortium of Indian banks, seeking the indebted tycoon to be declared bankrupt to enable them recover a loan of around 1.145 billion pounds from him. Justice Michael Briggs of the insolvency division of the high court granted relief to Mallya, ruling that he should be given time till his petitions to the Supreme Court of India and his settlement proposal before the Karnataka high court be determined, allowing him time to repay his debts to the banks in full.