News for 'State Bank of India Group'

'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

'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.

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.'

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".

Sensex, Nifty rebound amid easing inflation, buying in bank, energy stocks

Sensex, Nifty rebound amid easing inflation, buying in bank, energy stocks

Rediff.com14 Jan 2025

From the 30-share blue-chip pack, Adani Ports jumped over 5 per cent. NTPC, Tata Steel, Bajaj Finserv, Zomato, Bajaj Finance, Tata Motors, State Bank of India, IndusInd Bank and Maruti were among the other big gainers. From the 30-share pack, Hindustan Unilever, Titan, Tata Consultancy Services, Infosys and UltraTech Cement were the other laggards.

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."

Deep State And Beyond: The Rise of Conspiracy Theories

Deep State And Beyond: The Rise of Conspiracy Theories

Rediff.com25 Feb 2025

From bhikshus of Ashokan 3rd century BC and medieval Sufis to Oxfam, Omidyar and Soros now, non-State actors have any real power only when they work in conjunction with a real State, asserts Shekhar Gupta.

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.'

When Gujarati Muslims Dominated Bombay Politics

When Gujarati Muslims Dominated Bombay Politics

Rediff.com26 Aug 2025

'They wanted the city to be a great business hub. They didn't like the fact that taxes collected in Bombay would go outside the city.'

'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.'

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.

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.

Adani group's Ebitda may go past Rs 1 trn in FY25 on infra, power biz

Adani group's Ebitda may go past Rs 1 trn in FY25 on infra, power biz

Rediff.com27 Aug 2024

Adani group is on track to surpass a combined Ebitda (earnings before interest, taxes, depreciation, and amortisation) of Rs 1 trillion in the ongoing financial year (FY25) as it prepares for a $2 billion (over Rs 16,700 crore) share sale by its flagship entity Adani Enterprises next month, according to a source close to the matter.

'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.'

2 years after getting $8 bn, Reliance raises $2.9 bn offshore loan

2 years after getting $8 bn, Reliance raises $2.9 bn offshore loan

Rediff.com16 May 2025

About 55 banks participated in the deal, making it the largest bank group for a syndicated loan in Asia so far this year.

SBI's Q3 net profit soars 84% to Rs 16,891 cr

SBI's Q3 net profit soars 84% to Rs 16,891 cr

Rediff.com6 Feb 2025

State Bank of India (SBI), India's largest lender, reported an impressive 84% jump in its standalone net profit for the December quarter, reaching Rs 16,891 crore. This is a significant increase from the Rs 9,164 crore earned in the same period last year. The bank's total income also grew to Rs 1,28,467 crore in Q3 FY24, compared to Rs 1,18,193 crore in the same period a year ago. SBI's asset quality improved as well, with gross NPAs declining to 2.07% at the end of December from 2.42% a year ago. Net NPAs also eased to 0.53% from 0.64% in the same period last year. On a consolidated basis, SBI Group's net profit rose by 70% to Rs 18,853 crore in Q3 FY24.

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.

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.

Has US Averted India-Pakistan War?

Has US Averted India-Pakistan War?

Rediff.com2 May 2025

The 'mediation' by the United States from behind the scene on the diplomatic track appears to be once again working, which calls on both Delhi and Islamabad to show restraint and pull back from a military confrontation, notes Ambassador M K Bhadrakumar.

How Jane Street Made Rs 36,500 Crore

How Jane Street Made Rs 36,500 Crore

Rediff.com7 Jul 2025

SEBI alleges Jane Street placed bets on the stock market falling and then acted in a way to make the market actually fall so it could win its bet.

Why Did IMF Loan Pakistan Money During War?

Why Did IMF Loan Pakistan Money During War?

Rediff.com6 Jun 2025

It is time for India to raise its voice not just through military prowess, but through professionalism, principled voting and partnerships, asserts Deepak Mishra.

'In a way the India-Pakistan war is already on'

'In a way the India-Pakistan war is already on'

Rediff.com26 Apr 2025

'Pakistan cannot sustain a war with India for more than four days. They are in such dire straits. At best they can sustain war for one week.'

Trump's Tariffs: India Should Be Worried

Trump's Tariffs: India Should Be Worried

Rediff.com4 Apr 2025

While growth in India is largely domestic and hence the overall GDP effect may not be more than 0.15-0.2%, but overall trade will be impacted due to every country going back to the drawing board, points out Madan Sabnavis.

Ceasefire, But Pakistan's Cyber War Continues

Ceasefire, But Pakistan's Cyber War Continues

Rediff.com26 May 2025

More than one million cybersecurity incidents were flagged within 10 days.

Adani's clarification on bribery charges lifts markets

Adani's clarification on bribery charges lifts markets

Rediff.com27 Nov 2024

From the 30-share Sensex pack, Adani Ports surged 6 per cent. NTPC, HDFC Bank, Bajaj Finance, Maruti and Axis Bank were among the other gainers. In contrast, Titan, State Bank of India, Asian Paints, Tata Consultancy Services, HCL Tech, Sun Pharma, IndusInd Bank and ICICI Bank were among the laggards.

Will Marathi Unite Thackeray Cousins?

Will Marathi Unite Thackeray Cousins?

Rediff.com5 Jul 2025

'Let's see how this love story shapes up in the run up to the municipal corporation election.'

Want Steady Monthly Income? How Bonds Could Help

Want Steady Monthly Income? How Bonds Could Help

Rediff.com25 Jun 2025

Saurav Ghosh's step-by-step guide will help you understand what bonds are, how they help investors make money, how much money they make and which bonds to invest in.

Which is the new battleground in tax disputes?

Which is the new battleground in tax disputes?

Rediff.com25 Jun 2025

In October 2024, Jindal Stainless challenged a Goods and Services Tax (GST) notice in the Delhi high court. It was about corporate guarantees issued to related parties by its former group company, Jindal Stainless (Hisar), before their merger in March 2023.

It Starts With A Casual Bet And Then...

It Starts With A Casual Bet And Then...

Rediff.com4 Jul 2025

In 2025 alone, at least 50 suicides linked to online gambling losses have been reported across India. According to FIRs, the victims were addicted to betting, largely driven by cricket, rummy and poker.

Is AIADMK Feeling Uncomfortable With BJP's Politics?

Is AIADMK Feeling Uncomfortable With BJP's Politics?

Rediff.com30 Jun 2025

While acknowledging that they needed strong allies for a chance in the assembly polls, AIADMK cadres seemingly prefer actor-politician Vijay's Tamilaga Vettri Kazhagam to the BJP, owing to the latter's 'communal agenda' and consequent hardline Hindutva image, explains N Sathiya Moorthy.

Is Your Savings Account Losing You Money?

Is Your Savings Account Losing You Money?

Rediff.com23 Apr 2025

One should avoid keeping excessive funds in one's savings account.

'Clients Are In Risk-management Mode'

'Clients Are In Risk-management Mode'

Rediff.com28 Apr 2025

'Entering India is exciting, but it's also challenging. You have to be prepared for long-term investment.'

JioStar to Earn 6,000 Cr from IPL

JioStar to Earn 6,000 Cr from IPL

Rediff.com19 Mar 2025

With 90% of the inventories sold out, JioStar expects to ring in more than a 58% increase over last year's IPL, when it clocked Rs 3,900 crore.

6 firms in fray for RBI's currency management project

6 firms in fray for RBI's currency management project

Rediff.com16 Mar 2025

State-owned Engineers India and MECON as well as four private entities are in the fray for the project to comprehensively revamp RBI's currency management infrastructure in order to cater to future cash needs of the country's fast growing economy. The four private entities are: Accenture Solutions; Colliers International (India) Property Services; PricewaterhouseCoopers and The Boston Consulting Group (India).

India Inc earns fat profits but wages have not kept pace

India Inc earns fat profits but wages have not kept pace

Rediff.com1 Feb 2025

Growth in corporate profits needs to be commensurate with wages to boost the economy, Economic Survey 2024-25 said, noting that sharp disparities between the two pose risk to the economy by curbing demand. The document tabled in Parliament on Friday noted that while the labour share of GVA (gross value added) shows a slight uptick, the disproportionate rise in corporate profitsredominantly among large firmsaises concerns about income inequality.

LVB to become DBS Bank India from Nov 27; Rs 25,000 withdrawal restriction to go

LVB to become DBS Bank India from Nov 27; Rs 25,000 withdrawal restriction to go

Rediff.com25 Nov 2020

The Reserve Bank on Wednesday said the amalgamation of Lakshmi Vilas Bank with DBS Bank India will come into force from November 27 and the moratorium imposed on the crisis-ridden lender will be removed on that day. The RBI issued the statement within hours of the Cabinet clearing the Scheme of Amalgamation of Lakshmi Vilas Bank Limited (LVB) with DBS Bank India Limited (DBIL).

Are Luxury Homes Fuelling Surge In Home Loan Growth?

Are Luxury Homes Fuelling Surge In Home Loan Growth?

Rediff.com1 Apr 2025

More than 58% of individual housing loans disbursed in 2023-2024 were more than 25 lakh in size.

Pahalgam Attack: Unfinished Battle Against Terrorism

Pahalgam Attack: Unfinished Battle Against Terrorism

Rediff.com30 Apr 2025

The Pahalgam massacre highlights the evolution of terrorism into a multi-domain challenge. India's response must similarly evolve -- from tactical retaliation to comprehensive strategic deterrence. To establish a credible and sustained deterrent, India must also carry out continuous kinetic operations, both overt and covert, suggest Sakshit Raina and Rahul Mishra. To establish a credible and sustained deterrent, India must also carry out continuous kinetic operations, both overt and covert, suggest Sakshit Raina & Rahul Mishra.

'We're Winning The War Against Terrorism'

'We're Winning The War Against Terrorism'

Rediff.com30 May 2025

'We've moved from thousands killed yearly in Jammu and Kashmir to 127 last year.' 'Cross-border terrorism in Kashmir is being solved. We are winning it.'

Earnings winter to persist in Q4

Earnings winter to persist in Q4

Rediff.com23 Apr 2025

Brokerages expect a further slowdown in Indian firms' revenue and earnings growth in Q4FY25, following low single-digit growth in the preceding three quarters, as factors like weak consumer demand and credit growth linger on.