News for 'State Bank Group'

Public life likely to be hit as over 25 crore workers call 'Bharat Bandh' on Wednesday

Public life likely to be hit as over 25 crore workers call 'Bharat Bandh' on Wednesday

Rediff.com8 Jul 2025

More than 25 crore workers engaged in sectors ranging from banking, insurance, postal to coal mining, highway and construction are expected to go on a nationwide general strike on Wednesday, potentially disrupting services across the country. A forum of 10 central trade unions and their associates has called for a general strike or 'Bharat Bandh' to "oppose the anti-worker, anti-farmer and anti-national pro-corporate policies of the government".

Baloch rebels claim total control of Surab city, target govt installations

Baloch rebels claim total control of Surab city, target govt installations

Rediff.com1 Jun 2025

BLA fighters reportedly took positions across the city, seizing control of the Levies and police stations, the deputy commissioner's office, a government guest house, and local bank branches.

Road Ahead For Nepal Not An Easy One

Road Ahead For Nepal Not An Easy One

Rediff.com23 Sep 2025

The GenZ violence that engulfed Nepal is not only against nepo-babies -- its anger is broader and riddled with contradictions, making it difficult for interim PM Sushila Karki, points out Aditi Phadnis.

UK will recognise Palestine if Israel doesn't stop Gaza attacks: Starmer

UK will recognise Palestine if Israel doesn't stop Gaza attacks: Starmer

Rediff.com30 Jul 2025

British Prime Minister Keir Starmer said the UK will recognise the state of Palestine at the UN General Assembly in September unless Israel moves towards a ceasefire in Gaza. He also called on Hamas to release hostages and disarm.

It's back to the drawing board for payment banks

It's back to the drawing board for payment banks

Rediff.com15 Mar 2024

RBI's exercise will take into account standards of governance, the viability of the payment bank (PB) business model, and changes, if any, if needed.

New Challenges Facing Banks

New Challenges Facing Banks

Rediff.com28 Feb 2024

As the fight for deposits intensifies, the cost of money will rise and the margin will be under further pressure, points out Tamal Bandyopadhyay.

India informs Pakistan why it suspended Indus Water Treaty

India informs Pakistan why it suspended Indus Water Treaty

Rediff.com25 Apr 2025

India has suspended the Indus Waters Treaty with immediate effect, accusing Pakistan of breaching the pact by refusing to negotiate modifications and engaging in sustained cross-border terrorism. The decision follows a recent terror attack in Jammu and Kashmir that killed 26 people. Pakistan has rejected India's move, calling it an "act of war."

From Russia With Love

From Russia With Love

Rediff.com10 Oct 2025

Red Square and VDNKh easily rank among the most striking places I've visited -- both for their historical significance and architectural splendour.
My admiration for Russian culture, vision and ambition grew with every step as I clocked the miles, Nitin Sathe tells us after a visit to Moscow and St Petersburg.

For IT cos, growth in Europe may only be temporary relief

For IT cos, growth in Europe may only be temporary relief

Rediff.com11 Aug 2025

With demand for information-technology (IT) services in North America still sluggish, Europe has become a source of optimism for Indian companies because it is delivering steady gains over the past two years and continuing to outperform in the latest quarter. Yet analysts caution a full-scale revival will require a rebound in the United States (US), particularly in manufacturing, retail, and BFSI (banking, financial services, and insurance), because Europe contributes only about a third of the revenues.

'75+ IPOs Have Received SEBI Approval'

'75+ IPOs Have Received SEBI Approval'

Rediff.com28 Jul 2025

'Listing of scaled Indian subsidiaries of multinational corporations as well as of Indian conglomerates continues to remain a key theme for IPOs in India.'

Should The Bengal Files Have Been Made?

Should The Bengal Files Have Been Made?

Rediff.com9 Sep 2025

Some of the issues Vivek Agnihotri raises in The Bengal Files are valid, but today, the need of the hour is to find ways of negotiating peace not pouring oil over troubled waters, asserts Deepa Gahlot.

177 security personnel die by suicide since 2019 in Chhattisgarh: Govt

177 security personnel die by suicide since 2019 in Chhattisgarh: Govt

Rediff.com17 Jul 2025

The Chhattisgarh assembly was informed that 177 security and police personnel, including those from paramilitary forces, have committed suicide in the state in the last six-and-a-half years. Family, personal issues, and health problems are cited as reasons.

'My God, The Number Of Meetings We Had On GST!'

'My God, The Number Of Meetings We Had On GST!'

Rediff.com22 Sep 2025

'It was like rigorously preparing for a solid, good exam...' 'I don't know what marks I will get, but I felt the rigorous preparation of an exam.' 'You may sweat, but I feel rejuvenated.'

No other fixes or solutions...: India on war in Gaza

No other fixes or solutions...: India on war in Gaza

Rediff.com24 Jul 2025

"Intermittent pauses in hostilities are not enough to address the scale of humanitarian challenges confronting the people, who grapple daily with acute shortages of food and fuel, inadequate medical services and lack of access to education," Harish said at the open debate on the 'Situation in the Middle East, including the Palestinian question'.

High equality ranking for India masks deeper gaps, say economists

High equality ranking for India masks deeper gaps, say economists

Rediff.com14 Jul 2025

A recent World Bank report placing India among the most equal countries globally may present a limited view of inequality, with economists suggesting that broader data sets could tell a different story. According to the report, India's Gini index (or coefficient/ratio), a key measure of inequality, stood at 25.5 in 2022-23, placing the country fourth globally in terms of equality, behind only the Slovak Republic, Slovenia, and Belarus.

Why BJP Wants JMM To Contest Bihar Polls

Why BJP Wants JMM To Contest Bihar Polls

Rediff.com28 Jul 2025

'It is good for us if the JMM contests. That will divide the Opposition and give us the upper hand.'

Paytm Payments Bank fiasco: Independent directors raised concerns

Paytm Payments Bank fiasco: Independent directors raised concerns

Rediff.com18 Feb 2024

At a time when the role of corporate boards is once again under the scanner, independent directors on the Paytm Payments Bank board have indicated that red flags were raised over regulatory issues but they may have been late in doing so. "As independent directors, we asked questions and monitored responses to the Reserve Bank of India (RBI). Many changes were made on compliances. "Obviously, in retrospect, it was not found to be enough," said one of the independent directors on the condition of anonymity.

'We need to bring back Chinnaswamy's lost glory'

'We need to bring back Chinnaswamy's lost glory'

Rediff.com20 Aug 2025

We need to bring cricket and glory back to Chinnaswamy Stadium: Venkatesh Prasad

Cabinet reshuffle buzz in Maharashtra strengthens

Cabinet reshuffle buzz in Maharashtra strengthens

Rediff.com26 Jul 2025

The speculation about the likely cabinet reshuffle in Maharashtra strengthened on Saturday, with senior Bharatiya Janata Party leader and minister Chandrashekhar Bawankule stressing that Chief Minister Devendra Fadnavis' discretion is supreme among allies.

'Will never compromise...': Modi's big remark amid Trump tariffs

'Will never compromise...': Modi's big remark amid Trump tariffs

Rediff.com7 Aug 2025

Prime Minister Narendra Modi on Friday said India will never compromise the interests of its farmers, fishermen and dairy farmers, asserting that he would be ready to pay any price.

More Adani group shares pledged

More Adani group shares pledged

Rediff.com9 Mar 2023

More shares belonging to companies of the embattled Adani Group have been pledged as security for loans taken by the group's flagship firm, a trustee said. SBICap Trustee in notices to stock exchanges said that a further 0.99 per cent shares in Adani Green Energy Ltd were pledged "for the benefits of the lenders" of Adani Enterprises Ltd. An additional 0.76 per cent shares in Adani Transmission Ltd were also pledged to banks, the trustee said. SBICap, which is a unit of State Bank of India (SBI), however did not give details of the loans taken by Adani Enterprises for which the pledge was created.

Indian-origin soldier killed in car-ramming attack in West Bank

Indian-origin soldier killed in car-ramming attack in West Bank

Rediff.com12 Sep 2024

Staff Sergeant Geri Gideon Hanghal was a resident of Nof HaGalil and a soldier in the Kfir Brigade's Nahshon Battalion, the Israeli Army said.

How India Spends: A Revealing Story

How India Spends: A Revealing Story

Rediff.com19 Aug 2025

Nearly 7 out of every 10 P2M UPI transactions take place in high frequency categories like groceries, restaurants, pharmacies, fuel service stations, bakeries and utility services such as electricity, gas, water and sanitation.

'US Needs India To Keep China In Check'

'US Needs India To Keep China In Check'

Rediff.com8 Sep 2025

'If Washington has to balance Chinese power, she will have to turn to the third biggest power in the world which is India.' 'The United States and India will have to work together in order to keep Chinese ambitions in check.'

India Must Be Ready For Chinese Challenge

India Must Be Ready For Chinese Challenge

Rediff.com2 Sep 2025

'One Chinese interlocutor said India should realise that "China can do without India, but India could not do without China", pointing to its inability to do without Chinese intermediates and components,' former foreign secretary Shyam Saran discovers on a visit to China.

How Tamil Nadu Is Becoming A Global Hub

How Tamil Nadu Is Becoming A Global Hub

Rediff.com2 Apr 2025

After Chennai, it is Coimbatore, Madurai, and Tiruchirappalli, that are emerging as manufacturing hubs. Coimbatore is India's top Tier-II city in terms of the number of GCCs, according to a report by Cushman & Wakefield.

LIC picks up Adani Ports' entire Rs 5K cr issue

LIC picks up Adani Ports' entire Rs 5K cr issue

Rediff.com30 May 2025

State-owned Life Insurance Corporation (LIC) on Thursday entirely subscribed to the Rs 5,000 crore bond issue of Adani Ports and Special Economic Zone (APSEZ) at a coupon rate of 7.75 per cent, said sources privy to the development.

CBI Raids 10 Sites in Cyberfraud Crackdown

CBI Raids 10 Sites in Cyberfraud Crackdown

Rediff.com14 Jun 2025

The raids were linked to a sophisticated organised investment fraud scheme targeting unsuspecting individuals through fake mobile apps and WhatsApp groups.

Realty firms eye revenue upside, portfolio diversification from data centre boom

Realty firms eye revenue upside, portfolio diversification from data centre boom

Rediff.com24 Jun 2025

Data centres are increasingly becoming a key part of the real estate landscape, as reality firms - with rich expertise in land acquisition, construction and dealing with government approvals - are seeing them as opportunities to build long-term assets with continuous revenue flow.

Sensex, Nifty tumble amid sharp fall in Adani stocks

Sensex, Nifty tumble amid sharp fall in Adani stocks

Rediff.com21 Nov 2024

State Bank of India, NTPC, ITC, Asian Paints, Bajaj Finance and Bajaj Finserv were also among the major laggards. In contrast, Power Grid, UltraTech Cement, HCL Technologies and Axis Bank were among the gainers.

J-K cloudburst: 60 dead, 69 missing, over 100 hurt

J-K cloudburst: 60 dead, 69 missing, over 100 hurt

Rediff.com15 Aug 2025

Jammu and Kashmir Chief Minister Omar Abdullah briefed Prime Minister Narendra Modi on a devastating cloudburst in Kishtwar district that claimed 60 lives and injured over 100. Abdullah expressed condolences and assured assistance, while also questioning potential administrative lapses.

Pak-linked hackers launched 1.5m cyber attacks on India

Pak-linked hackers launched 1.5m cyber attacks on India

Rediff.com13 May 2025

Of these only 150 attacks were successful, officials said on Monday.

Nationwide strike over labour reforms, MSP may hit key sectors

Nationwide strike over labour reforms, MSP may hit key sectors

Rediff.com8 Jul 2025

Over 25 crore workers across India are set to strike against new labour codes and privatisation, potentially disrupting banking, postal, and other essential services.

Beijing ready to revive Russia-India-China troika

Beijing ready to revive Russia-India-China troika

Rediff.com17 Jul 2025

China has expressed its support for Russia's initiative to revive the Russia-India-China (RIC) troika, emphasizing its importance for regional and global security and stability.

Sebi to auction 27 properties of Rose Valley group worth Rs 63.26 crore on Nov 25

Sebi to auction 27 properties of Rose Valley group worth Rs 63.26 crore on Nov 25

Rediff.com16 Oct 2024

Capital markets regulator Sebi on Wednesday said it will auction 27 properties of Rose Valley group of companies on November 25 at a reserve price of Rs 63.26 crore in a bid to recover money raised by the firm from the public through illicit schemes. The properties to go under the hammer include flats, buildings, land parcels and hotels located in West Bengal and Bihar, the Securities and Exchange Board of India (Sebi) said in a notice. The e-auction will be conducted on November 25 between 11 am to 1 pm.

Casual Gaming To Gain From RMG Ban

Casual Gaming To Gain From RMG Ban

Rediff.com22 Aug 2025

'There is responsibility to make great games that are played by audiences, that fill the gap from an entertainment perspective.'

'For The First Time Voters Will Have To Prove Their Indian Citizenship'

'For The First Time Voters Will Have To Prove Their Indian Citizenship'

Rediff.com11 Jul 2025

'40 percent of voters in Bihar will be excluded.'

Rural women drive Rs 27,000 crore financial inclusion transactions

Rural women drive Rs 27,000 crore financial inclusion transactions

Rediff.com8 Oct 2024

Enterprising women business correspondents, known as BC Sakhis, have facilitated transactions worth Rs 27,000 crore in Uttar Pradesh, earning Rs 75 crore in commission over the past four and a half years. BC Sakhis, appointed under the nationwide women empowerment programme, are members of self-help groups (SHGs) who are trained and certified to provide banking and financial services in rural areas.

Will Bull Run In PSU Banks Continue?

Will Bull Run In PSU Banks Continue?

Rediff.com6 Mar 2024

>It's not easy to predict the market. But there are at least two positive factors to back the PSU banks, explains Tamal Bandyopadhyay.

'Migration Will Be Most Challenging Aspect Of Census'

'Migration Will Be Most Challenging Aspect Of Census'

Rediff.com18 Jul 2025

'What is going on is the under counting of the migration population in urban areas.' 'It has been going on in the last few censuses.'