News for 'State Bank India'

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.

Nitish Kumar Has The Opportunity Of A Lifetime To Change Bihar

Nitish Kumar Has The Opportunity Of A Lifetime To Change Bihar

Rediff.com18 Nov 2025

If he cannot do it this term by using his bureaucracy and experts from different fields, it will be a tragedy, asserts Ramesh Menon.

Bihar votes in phase 2 amid tight security; 31.38% turnout till 11 am

Bihar votes in phase 2 amid tight security; 31.38% turnout till 11 am

Rediff.com11 Nov 2025

Voting is underway for the second and final phase of the Bihar assembly elections across 122 constituencies. Key candidates and political dynamics are in focus as the state decides its next government.

Stock markets end with marginal gains in volatile trade

Stock markets end with marginal gains in volatile trade

Rediff.com13 Nov 2025

From the Sensex pack, Asian Paints, ICICI Bank, PowerGrid, Larsen & Toubro, Bajaj Finserv, Bharti Airtel, Sun Pharmaceuticals, Maruti Suzuki India, Axis Bank, UltraTech Cement and HCL Technologies were the only gainers. On the other hand, Eternal, Tata Motors' commercial vehicles arm, Mahindra & Mahindra, Tata Steel, Bharat Electronics Ltd, Tata Motors Passenger Vehicles, Trent, Tata Consultancy Services, Hindustan Unilever, and Infosys were among the laggards.

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.

Sensex jumps 855 pts on buying in banking, IT shares

Sensex jumps 855 pts on buying in banking, IT shares

Rediff.com21 Apr 2025

Benchmark equity indices Sensex and Nifty surged more than 1 per cent on Monday, registering their fifth day of rally on the back of buying in banking and IT shares after encouraging quarterly earnings and foreign fund inflows. The 30-share BSE Sensex jumped 855.30 points or 1.09 per cent to settle above the 79,000 mark at 79,408.50.

AI and trade deals are driving India's services exports

AI and trade deals are driving India's services exports

Rediff.com6 Oct 2025

India's computer services exports have risen 30 per cent since the advent of ChatGPT in November 2022, even as overall services exports have plateaued, World Bank's South Asia Chief Economist Franziska Ohnsorge said, terming Artificial Intelligence (AI) and the conclusion of more trade agreements that can trigger a "manufacturing renaissance", as the two big investment opportunities for India in coming years.

Maha police busts India's biggest 'digital arrest' scam, 7 arrested

Maha police busts India's biggest 'digital arrest' scam, 7 arrested

Rediff.com17 Oct 2025

Mumbai police have arrested six individuals from Gujarat, dismantling an interstate cyber fraud gang involved in digital arrest scams, including one where a businessman was defrauded of Rs 58 crore.

Top Government Exams In 2026

Top Government Exams In 2026

Rediff.com8 Dec 2025

rediffGURU Nayagam PP, founder of EduJob360, breaks down the top government competitive exams aspirants can target in 2026, along with their eligibility criteria, important dates, syllabus essentials and preparation strategies.

India seeks $4 billion spending boost, almost half for state banks

India seeks $4 billion spending boost, almost half for state banks

Rediff.com31 Jul 2015

Finance Minister Arun Jaitley sought parliament's approval on Friday to increase the spending budget for this fiscal year by $4 billion, with almost half to be used to inject extra capital into state banks struggling with bad loans.

Why PSBs are raising home loan rates

Why PSBs are raising home loan rates

Rediff.com25 Aug 2025

Some public sector banks, including State Bank of India (SBI), Union Bank of India, Canara Bank, and Bank of India, are increasing the spread on home loans for new customers to protect margins.

'Rising loan appeal hits corporate bond market's momentum'

'Rising loan appeal hits corporate bond market's momentum'

Rediff.com30 Oct 2025

India's corporate bond market, driven by public sector undertaking (PSU) banks and financial institutions last year, is losing momentum since the second quarter of FY26.

Payments banks urge FinMin to raise deposit limit to Rs 5 lakh

Payments banks urge FinMin to raise deposit limit to Rs 5 lakh

Rediff.com28 Mar 2025

Payments banks have urged the Union finance ministry to increase their deposit limit for each account to Rs 5 lakh, according to a source who participated in a meeting, chaired by the Department of Financial Services Secretary M Nagaraju, in New Delhi. At present, they can accept deposits of up to Rs 2 lakh.

Green to set off bidding war at IPL Auction

Green to set off bidding war at IPL Auction

Rediff.com15 Dec 2025

Pace bowling all-rounders always come at a premium and therefore, the troika of Green, Venkatesh Iyer and West Indies' Jason Holder, all coming at the highest base price of Rs 2 crore (US$220,000), are set to headline the bidding war.

Karnataka cabinet approves bills on hate speech, cattle slaughter

Karnataka cabinet approves bills on hate speech, cattle slaughter

Rediff.com4 Dec 2025

The Karnataka cabinet has approved eight draft bills, including those addressing hate speech, cattle slaughter, and social boycott, to be tabled in the upcoming legislative session.

RBI's short dollar forward position up after 7 months

RBI's short dollar forward position up after 7 months

Rediff.com4 Nov 2025

The Reserve Bank of India's (RBI's) short dollar forward positions rose by $6 billion in September - the first increase in seven months - indicating the central bank's readiness to defend the rupee in the forward market amid pressure on the currency, latest data showed. The net short dollar position stood at $59.4 billion at the end of September, up from $53.4 billion in August.

Red alert in many states as monsoon covers India; 2 killed U'khand

Red alert in many states as monsoon covers India; 2 killed U'khand

Rediff.com29 Jun 2025

The labourers, who are said to be of Nepali origin, were engaged in the construction of a hotel.

Why Rupee Depreciation Should Not Be Resisted

Why Rupee Depreciation Should Not Be Resisted

Rediff.com4 Dec 2025

'Calibrated depreciation will help rebalance external fundamentals, offset some of the tariff differentials with competitors, improve the competitiveness of domestic substitutes vis-a-vis Chinese imports, and contribute to the easing of financial conditions at a time when the inflation rate is unusually low,' explains Sajjid Z Chinoy, head of Asia Economics at JP Morgan.

'Why Would A Doctor Become A Suicide Bomber?'

'Why Would A Doctor Become A Suicide Bomber?'

Rediff.com21 Nov 2025

'Why would a highly qualified doctor with a promising future choose to wage war against his own country?'

What led to the crisis at State Bank of India

What led to the crisis at State Bank of India

Rediff.com14 Nov 2013

India's largest public sector bank, State Bank of India announced its Q2 results with a fall of 35.08 per cent in standalone net profit to Rs 2,375 crore (Rs 23.75 billion) for the quarter ending September 2013.

Factors that will drive the markets this week

Factors that will drive the markets this week

Rediff.com3 Aug 2025

Equity markets this week will turn their focus on the RBI's interest rate decision, Q1 earnings from several blue-chip firms and tariff-related news for further cues, analysts said. Moreover, trading activity of foreign investors and trends in global equity markets will also drive investors' sentiment.

Gujarat woman held for links to global cyber slavery racket

Gujarat woman held for links to global cyber slavery racket

Rediff.com26 Nov 2025

Gujarat police arrest a woman allegedly involved in trafficking job aspirants to Myanmar and Thailand for cyber slavery. The accused lured people with promises of high-paying jobs and forced them to work for international cyber crime syndicates.

Will lift liquor ban in Bihar if....: Prashant Kishor's JSP

Will lift liquor ban in Bihar if....: Prashant Kishor's JSP

Rediff.com12 Oct 2025

Prashant Kishor's Jan Suraaj Party reiterated its promise to scrap the liquor ban in Bihar if elected, planning to use the revenue to secure loans from international financial institutions.

'On Track For GDP Growth Exceeding 6.8%'

'On Track For GDP Growth Exceeding 6.8%'

Rediff.com3 Nov 2025

'I will not be surprised if there is a 7 per cent handle in front of the decimal place for the full financial year.'

Hiking CRR right move: State Bank chief

Hiking CRR right move: State Bank chief

Rediff.com29 Jan 2010

The RBI, had, earlier in the day, hiked CRR by 0.75 per cent in two tranches, a move, it said, would help flush-out Rs 36,000 crore (Rs 360 billion) from the system.

GST reforms will cause Rs 3,700 crore revenue loss to govt: SBI report

GST reforms will cause Rs 3,700 crore revenue loss to govt: SBI report

Rediff.com5 Sep 2025

The State Bank of India (SBI) in its latest research report said that reforms in GST through reduction in rates will cause a minimal revenue loss of Rs 3,700 crore. The government estimates the net fiscal impact of GST rates rationalisation will be Rs 48,000 crore on an annualised basis.

Centre races to rescue failing power discoms

Centre races to rescue failing power discoms

Rediff.com24 Nov 2025

After four failed reform drives, a new plan aims to rescue India's debt-laden power discoms through privatisation, accountability and long-term financial fixes.

Should depositors put money in co-operative banks?

Should depositors put money in co-operative banks?

Rediff.com18 Feb 2025

The co-operative banking sector is well regulated, and a few cases of restrictions being imposed by the Reserve Bank of India (RBI) should not paint a negative picture of the entire sector, said Department of Economic Affairs (DEA) secretary Ajay Seth on Monday. "Co-operative banks in the country are generally quite robust, and the RBI takes regulatory action whenever issues arise.

B'luru Rs 7.11cr heist: 3, including police constable, arrested

B'luru Rs 7.11cr heist: 3, including police constable, arrested

Rediff.com22 Nov 2025

Bengaluru police have arrested three people, including a police constable, in connection with the Rs 7.11 crore robbery in the city. A significant portion of the stolen money has been recovered, and efforts are underway to apprehend the remaining suspects.

'Government Is The Source Of Our Data Leakages'

'Government Is The Source Of Our Data Leakages'

Rediff.com4 Dec 2025

'Instead of the government and telecom operators solving the mess of their own creation, they're telling us we need to give access to our phones perpetually.'

Bihar doesn't want 'katta sarkar': Modi repeats jibe

Bihar doesn't want 'katta sarkar': Modi repeats jibe

Rediff.com8 Nov 2025

Prime Minister Narendra Modi on Saturday claimed that people were not voting for the Rashtriya Janata Dal-helmed opposition in Bihar as they fear that if voted to power, its regime will 'put katta to their heads and order them to hold their hands up'.

Why IT Firms Face 5-10% Payroll Hike

Why IT Firms Face 5-10% Payroll Hike

Rediff.com24 Nov 2025

'Companies will need to revisit compensation structures, contracts, staffing models, and human resources system.'

'IOB Bets Big On M&A Financing'

'IOB Bets Big On M&A Financing'

Rediff.com3 Nov 2025

'This is an area where good lending can happen, and that is one of the priorities for the next quarter.'

NDA Tsunami Sweeps Away Mahagathbandhan In Bihar

NDA Tsunami Sweeps Away Mahagathbandhan In Bihar

Rediff.com15 Nov 2025

The National Democratic Alliance was set to sweep the Bihar assembly polls, surging ahead in over 200 of 243 seats on Friday with the Bharatiya Janata Party emerging as single largest party with about 90 per cent strike rate, reaffirming the popularity and campaign clout of Prime Minister Narendra Modi, who was the face of the ruling alliance through the poll battle in the highly sensitive political state.

Arundhati Bhattacharya to become State Bank of India MD

Arundhati Bhattacharya to become State Bank of India MD

Rediff.com10 Jul 2013

Arundhati Bhattacharya is a strong contender for chairperson post, after Pratip Chaudhuri retires in September.

'Whenever Seat Arithmetic Permits, BJP Will Want Its Own Chief Minister'

'Whenever Seat Arithmetic Permits, BJP Will Want Its Own Chief Minister'

Rediff.com25 Nov 2025

'Removing Nitish Kumar prematurely risks unsettling both the alliance balance and parts of the social coalition that delivered this victory.'

Sensex drops 728 pts on profit-taking in IT, banking shares

Sensex drops 728 pts on profit-taking in IT, banking shares

Rediff.com26 Mar 2025

From the Sensex pack, NTPC, Tech Mahindra, Zomato, Axis Bank, Bajaj Finance, Infosys, Maruti, State Bank of India, Kotak Mahindra Bank, Reliance Industries, Hindustan Unilever, and HDFC Bank were the losers. IndusInd Bank, HCL Tech, Titan, Mahindra & Mahindra and Power Grid were the gainers.

Bihar's voter turnout nearly 69%; women outvoted men in both phases

Bihar's voter turnout nearly 69%; women outvoted men in both phases

Rediff.com12 Nov 2025

An ECI statement issued from New Delhi put the voter turnout at 68.76 per cent. The female turnout (74.03 per cent) was significantly higher, compared with males (64.1 per cent).

'Kerala Has Done Very Well In Eradicating Poverty'

'Kerala Has Done Very Well In Eradicating Poverty'

Rediff.com26 Nov 2025

'Poverty eradication is a continuous process. There is no full stop to it.'

SC restrains release of accused in Rs 3.29 cr 'digital arrest' case

SC restrains release of accused in Rs 3.29 cr 'digital arrest' case

Rediff.com17 Nov 2025

The Supreme Court has restrained lower courts from releasing the accused in a digital arrest fraud case where a 72-year-old lawyer was duped of Rs 3.29 crore. The court expressed concern over the growing cybercrime and the targeting of elderly citizens.