News for 'Indian banks'

Indian Bank on acquisition mode

Indian Bank on acquisition mode

Rediff.com29 Nov 2004

'Rahul Can't Play Victim All The Time'

'Rahul Can't Play Victim All The Time'

Rediff.com17 Nov 2025

'Rahul Gandhi's problem is that he doesn't think big.' 'He looks more like an activist, while politics is like a game of chess. You attack and then defend and have a game-plan.'

It's do or die for India, but Jamil upbeat ahead of Singapore tie

It's do or die for India, but Jamil upbeat ahead of Singapore tie

Rediff.com14 Oct 2025

With just two points from three games and placed third place in the group, India have no room for error as only the top team can advance.

Will Jan Suraaj be Bihar's kingmaker or just another newcomer?

Will Jan Suraaj be Bihar's kingmaker or just another newcomer?

Rediff.com7 Nov 2025

Prashant Kishor's Jan Suraaj party faces skepticism and challenges as it enters the Bihar Assembly elections, with critics questioning its experience and impact.

Modi again uses 'katta, dunaali' to hit out at RJD-Cong

Modi again uses 'katta, dunaali' to hit out at RJD-Cong

Rediff.com7 Nov 2025

Prime Minister Narendra Modi asserted that the record turnout in the first phase of the Bihar assembly polls indicates people's trust in the NDA government. He predicted victory for the NDA, led by Chief Minister Nitish Kumar, and lauded the Election Commission for conducting successful elections.

What are the Most Awaited IPOs of 2026?

What are the Most Awaited IPOs of 2026?

Rediff.com29 Oct 2025

Several companies across sectors like finance, healthcare, wellness, retail technology, and asset management are bracing up to hit the D-street. With an unprecedented 1.7 lakh crore raised in 2025, the momentum is likely to sustain in 2026.

Indian banks pursue UK bankruptcy order against Vijay Mallya

Indian banks pursue UK bankruptcy order against Vijay Mallya

Rediff.com19 Dec 2020

A consortium of Indian banks led by the State Bank of India (SBI) returned to the High Court in London for a bankruptcy application hearing against liquor tycoon Vijay Mallya, as they pursue the recovery of debt from loans paid out to his now-defunct Kingfisher Airlines. At a virtual hearing before Chief Insolvencies and Companies Court (ICC) Judge Michael Briggs on Friday, both sides deposed retired Indian Supreme Court justices as expert witnesses on Indian law in support of their arguments for and against a bankruptcy order against Mallya in the UK. While the banks argued a right to waive their security over the Indian assets involved in the case in order to recover their debt in the UK, lawyers for the 65-year-old businessman argued that the funds in question involved public money held by state-owned banks in India which precluded them from such a security waiver.

'BJP Isn't Undefeatable In North India, But...'

'BJP Isn't Undefeatable In North India, But...'

Rediff.com19 Nov 2025

'...the electoral playing field is tilted significantly in its favour.'

Pre-Budget meeting: Ficci seeks faster resolution of tax disputes

Pre-Budget meeting: Ficci seeks faster resolution of tax disputes

Rediff.com29 Oct 2025

The Federation of Indian Chambers of Commerce and Industry (Ficci) has sought urgent steps to clear the huge backlog of income-tax appeals, simplify tax deducted at source (TDS) compliance, and ensure tax neutrality for fast-track demergers, during its consultation with Revenue Secretary Arvind Shrivastava ahead of the Union Budget 2026-27.

Indian services sector growth hits 11-month high in July

Indian services sector growth hits 11-month high in July

Rediff.com5 Aug 2025

The Indian services sector growth touched an 11 month high in July, supported by a pickup in new exports orders and sharp rise in overall sales, a monthly survey said on Tuesday. The seasonally adjusted HSBC India Services PMI Business Activity Index was at 60.5 in July, little-changed from 60.4 in June, and the rate of expansion was the best seen since August 2024.

Flipkart gets lending licence from Reserve Bank

Flipkart gets lending licence from Reserve Bank

Rediff.com5 Jun 2025

Flipkart has received a lending licence from the Reserve Bank of India (RBI), the Walmart-backed ecommerce company confirmed on Thursday. The nod came in March this year, according to sources.

Opposition questions EC intentions behind electoral roll revision

Opposition questions EC intentions behind electoral roll revision

Rediff.com28 Oct 2025

Opposition parties are questioning the Election Commission's intentions behind the second phase of special intensive revision of electoral rolls in 12 states and Union Territories. The BJP has slammed the Congress and called the opposition a 'herd of dissatisfied souls'.

RBI raises FY26 GDP growth projection to 6.8%

RBI raises FY26 GDP growth projection to 6.8%

Rediff.com1 Oct 2025

The Reserve Bank on Wednesday revised upward its growth estimates for the current fiscal year to 6.8 per cent and lowered its inflation projection to 2.6 per cent based on an above-normal monsoon and the rationalisation of GST rates.

Soon after nomination, RJD candidate arrested in 2004 case

Soon after nomination, RJD candidate arrested in 2004 case

Rediff.com21 Oct 2025

RJD candidate Satendra Sah was arrested immediately after filing his nomination papers from Bihar's Sasaram assembly seat due to a pending non-bailable warrant from Jharkhand. This marks the third such incident of INDIA bloc candidates being arrested after filing nominations.

Fulton banks on experience as India target Asia Cup, WC spot

Fulton banks on experience as India target Asia Cup, WC spot

Rediff.com28 Aug 2025

'We haven't won the tournament for a while and the objective is to be No.1 in Asia and we will be pushing hard for the next 10 days.'

Indian banks with highest NPAs

Indian banks with highest NPAs

Rediff.com22 Nov 2011

Bad loans are turning nightmarish for Indian banks.

India's GDP to grow 6.7-6.9% in FY26: Deloitte

India's GDP to grow 6.7-6.9% in FY26: Deloitte

Rediff.com23 Oct 2025

Deloitte India on Thursday projected India's economy to grow 6.7-6.9 per cent in the current fiscal amid buoyant demand and policy reforms. Indian economy grew 7.8 per cent in the April-June quarter of current fiscal.

Rupee undervalued as compared to peers

Rupee undervalued as compared to peers

Rediff.com26 Sep 2025

The rupee is undervalued as compared to its peers, shows the latest data from the Reserve Bank of India (RBI), even as the local currency keeps hitting new lows.

Is the worst over for Indian banks?

Is the worst over for Indian banks?

Rediff.com24 Mar 2022

Is the worst over for Indian banks? The past two years saw them ride on treasury trades as deposits soared and credit growth dipped sharply. Gross and net non-performing assets (NPAs) moved south, and the provision coverage ratio (PCR), capital buffers, and profitability indicators are back at pre-pandemic levels. So, what's the plot ahead?

Salgaocar rout Indian Bank

Salgaocar rout Indian Bank

Rediff.com19 Dec 2002

Dudu Omagbemi scored a hat-trick as the former champions won the National Football League match 4-2.

India among UBS' preferred bets amid positive EM outlook

India among UBS' preferred bets amid positive EM outlook

Rediff.com29 Oct 2025

UBS has turned bullish on emerging markets (EM), including India, as it finds benign macro trends, positive momentum in earnings revisions, and resilient EM currencies helping these economies sustain higher valuations and attracting flows. Among regions, it has upgraded Mainland China to 'attractive' and China Tech to 'most attractive', while downgrading Philippines to 'neutral'.

HDFC Bank to pursue legal remedies against Mehta family of Lilavati Trust

HDFC Bank to pursue legal remedies against Mehta family of Lilavati Trust

Rediff.com9 Jun 2025

HDFC Bank on Sunday said that it will "pursue all lawful remedies" to recover public funds and address the retaliatory actions taken by the Mehta family of the Lilavati Kirtilal Mehta Medical (LKMM) Trust, which has filed a complaint against the bank's managing director (MD) & chief executive officer (CEO) Sashidhar Jagdishan alleging financial fraud.

DIIs Pump Record Rs 6 Trillion in 2025

DIIs Pump Record Rs 6 Trillion in 2025

Rediff.com16 Oct 2025

The strong domestic flow offset selling by foreign portfolio investors who pulled out $23.3 billion (Rs 2.03 trillion) from domestic equity markets in CY25.

'AI Can Improve The Lives Of Millions Of Indians'

'AI Can Improve The Lives Of Millions Of Indians'

Rediff.com7 Aug 2025

'We're already seeing signs of superhuman capability.'

Fitch on what's ailing the Indian banks

Fitch on what's ailing the Indian banks

Rediff.com26 Nov 2015

Public sector banks require Rs 2.40-lakh crore.

Indian banks' NPAs alarm World Bank

Indian banks' NPAs alarm World Bank

Rediff.com22 Jul 2003

World Bank has sounded the warning bells for Indian banks and financial institutions on their high non-performing assets and the risks of suffering losses if interest rate starts rising.

'Mahagathbandan Lost Steam After Vote Chori Campaign'

'Mahagathbandan Lost Steam After Vote Chori Campaign'

Rediff.com6 Nov 2025

'The campaign by the Mahagathbandan has failed to capture the imagination of the electorate given the fatigue factor with the Nitish government.'

Is Pakistan's Rise Wake-Up Call For India?

Is Pakistan's Rise Wake-Up Call For India?

Rediff.com22 Oct 2025

New Delhi might have loudly welcomed an age of multipolarity, hedging and strategic autonomy. But it seems the winner in that game is Islamabad, not us, points out Mihir S Sharma.

Will GST 2.0 Fix Deeper Weaknesses?

Will GST 2.0 Fix Deeper Weaknesses?

Rediff.com3 Sep 2025

GST 2.0 may cushion consumers against US tariffs, but like the 2019 corporate tax cut, it risks being another tactical fix rather than a structural growth strategy, expects Debashis Basu.

How To Deal With Tax On ESOPs, HRA, LTCG

How To Deal With Tax On ESOPs, HRA, LTCG

Rediff.com21 Oct 2025

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

Why Modi Needs Mission-Mode Bureaucrats

Why Modi Needs Mission-Mode Bureaucrats

Rediff.com15 Oct 2025

Learning from East Asia, India must reform its district administration with performance, accountability, and vision to achieve the goal of Viksit Bharat, points out Deepak Mishra.

Why K V Kamath calls Indian banking system the best in 50 years

Why K V Kamath calls Indian banking system the best in 50 years

Rediff.com14 Mar 2024

'I don't think we have ever seen such alignment of everything that we need in the banking sector.'

More Indian banks in US likely

More Indian banks in US likely

Rediff.com21 Oct 2004

A three-member delegation of the Indian Banks' Association met senior executives of the US Federal Reserve and New York Banking Department to explore the prospects for increased presence of Indian banks in the United States.

'A Domestic Dispute That Became A National Dispute'

'A Domestic Dispute That Became A National Dispute'

Rediff.com7 Nov 2025

'I wanted to go for the heart, and at the same time, open the audience's mind.'

'Don't Consider Gold, Silver As Asset Classes'

'Don't Consider Gold, Silver As Asset Classes'

Rediff.com11 Nov 2025

'An asset must generate income. Equities yield dividends, bonds pay coupons, deposits give interest, and real estate earns rent.' 'Gold, silver, and even Bitcoin produce no income, they merely store value. So, they should not be compared to productive assets.'

Manu Bhaker Shares Her Winning Mindset!

Manu Bhaker Shares Her Winning Mindset!

Rediff.com13 Oct 2025

Manu Bhaker said she is banking on her ability to go the extra mile in training to achieve success in upcoming events, including World Championships and World Cup Finals.

'Phenomenon That Takes Place Once In A Century'

'Phenomenon That Takes Place Once In A Century'

Rediff.com6 Oct 2025

This is the longest winning streak for gold in the last three decades.

Why BJP, Nitish Need Each Other

Why BJP, Nitish Need Each Other

Rediff.com12 Nov 2025

Left to its machinations, the BJP would have loved to cut Nitish down to size, but it can't afford to do so as the JD-U is in alliance with the BJP at the Centre, and cannot form a government on its own in Bihar. For now, both need each other: Nitish for legitimacy, the BJP for numbers, points out Ramesh Menon.

Banks tighten cyber security network to ward off any threat

Banks tighten cyber security network to ward off any threat

Rediff.com7 May 2025

Banks have tightened their cyber security network to ward off any cyber threat in the wake of India launching missile attacks on Pakistan and Pakistan-occupied Kashmir. Banks have also improved their security at the branches near border areas due to heightened threat of a counter attack.

IPL's Valuation Hits Flat Pitch

IPL's Valuation Hits Flat Pitch

Rediff.com16 Oct 2025

The IPL's overall valuation fell by 8 per cent to Rs 76,100 crore in 2025.