News for 'State Bank'

Loan growth, profitability seen improving for public sector banks

Loan growth, profitability seen improving for public sector banks

Rediff.com10 Dec 2025

The Indian banking sector could be due for a rise in profitability after several quarters of net interest margin (NIM) compression. The Q2FY26 results suggest NIMs have bottomed out.

Bank Frauds Surge To 21,515 Cr In H1FY26

Bank Frauds Surge To 21,515 Cr In H1FY26

Rediff.com30 Dec 2025

This was up 30 per cent from the same period last year, even as the number of frauds fell 2.8 times to 5,092.

Can India Reset Ties With Bangladesh?

Can India Reset Ties With Bangladesh?

Rediff.com6 days ago

Sensitive issues remain. Water sharing of the Ganga and Teesta rivers. Treatment of minorities, particularly Hindus. Border management. Trade imbalances. Connectivity projects.What happens next will shape not just bilateral ties, but the balance of South Asia itself, points out Ramesh Menon.

Budget 2026: What The Fiscal Numbers Show

Budget 2026: What The Fiscal Numbers Show

Rediff.com12 Feb 2026

The idea of back-loading the target of fiscal consolidation is perhaps guided by the government's desire to be prepared for any adverse developments in the coming year, points out A K Bhattacharya.

Rs 54,000 cr digital fraud is 'dacoity', SC tells Centre to act

Rs 54,000 cr digital fraud is 'dacoity', SC tells Centre to act

Rediff.com9 Feb 2026

The Supreme Court has expressed serious concerns about the rise in digital fraud, particularly digital arrest scams, and has directed the central government to develop a standard operating procedure to combat these crimes.

Rs 54,000 cr digital fraud is 'dacoity', SC tells Centre to act

Rs 54,000 cr digital fraud is 'dacoity', SC tells Centre to act

Rediff.com9 Feb 2026

It said that when a retiree, who withdraws amounts in the range of Rs 10,000 or Rs 20,000, suddenly withdraws huge amounts, then the bank should issue an alert.

Phase out universal subsidies: ADB-PwC study to 16th FC

Phase out universal subsidies: ADB-PwC study to 16th FC

Rediff.com16 Feb 2026

Governments should move away from universal subsidies towards tightly targeted transfers, backed by stricter eligibility norms, sunset clauses and periodic audits to curb leakages and improve spending efficiency, a joint study by Asian Development Bank and PwC has recommended.

Active banking funds fail to capitalise on PSU rally: Value Research data

Active banking funds fail to capitalise on PSU rally: Value Research data

Rediff.com29 Nov 2025

Sectoral funds, focused exclusively on public sector banks (PSBs), have delivered the strongest returns among domestic mutual fund (MF) categories over the past six months. However, active banking funds have significantly lagged because of their heavy tilt towards private lenders.

After Yes stake buy, Japan's SMBC gets RBI nod for wholly owned subsidiary

After Yes stake buy, Japan's SMBC gets RBI nod for wholly owned subsidiary

Rediff.com15 Jan 2026

Months after picking up 24.21 per cent stake in private sector lender Yes Bank, Japan's Sumitomo Mitsui Banking Corporation (SMBC) has received the Reserve Bank of India's (RBI's) in-principle approval for setting up a wholly owned subsidiary (WOS) in India.

Under EC pressure, Bengal acts on voter list fraud; books 5 employees

Under EC pressure, Bengal acts on voter list fraud; books 5 employees

Rediff.com18 Feb 2026

The West Bengal government has filed FIRs against five state government employees for alleged lapses in electoral roll revisions, following an Election Commission ultimatum. The action comes after the EC directed the state to initiate criminal cases against the accused for adding fictitious names to voter lists.

Kerala salutes 10-month-old organ donor who gave 4 people a new life

Kerala salutes 10-month-old organ donor who gave 4 people a new life

Rediff.com15 Feb 2026

Kerala bid farewell to a 10-month-old girl, the state's youngest organ donor, with state honors after her parents donated her organs following her brain death.

Gold, Silver Fall: Investors Must Stay Cautious

Gold, Silver Fall: Investors Must Stay Cautious

Rediff.com19 Feb 2026

The recent correction suggests that while precious metals hedge geopolitical tension and inflation, they are not immune to sharp short-term corrections and profit-booking.

Investors lost Rs 9.40 lakh cr in Budget Sunday crash

Investors lost Rs 9.40 lakh cr in Budget Sunday crash

Rediff.com1 Feb 2026

The market capitalisation of BSE-listed companies eroded by Rs 9,40,581.75 crore to Rs 4,50,61,658.60 crore (USD 4.90 trillion) in a single day.

Haryana CA murders pregnant wife, spins robbery-kidnap tale to hide crime

Haryana CA murders pregnant wife, spins robbery-kidnap tale to hide crime

Rediff.com18 Feb 2026

A chartered accountant in Haryana has been arrested for allegedly murdering his pregnant wife and attempting to stage a robbery. Police investigations revealed inconsistencies in his story, leading to his confession.

ED wants speedy trial against P Chidambaram in PMLA cases

ED wants speedy trial against P Chidambaram in PMLA cases

Rediff.com4 days ago

The Enforcement Directorate (ED) is seeking an expedited trial against Congress leader P Chidambaram in the Aircel-Maxis and INX Media money laundering cases, having submitted the required prosecution sanction to the court.

'Kerala Story 2' sparks fresh political firestorm ahead of release

'Kerala Story 2' sparks fresh political firestorm ahead of release

Rediff.com20 Feb 2026

The trailer of the film, produced by Vipul Amrutlal Shah and directed by Kamakhya Narain Singh, released on Tuesday and landed straight into controversy. It tracks the stories of three Hindu women from three different states going against their families to marry Muslim men and then being forced to convert.

'Kerala Story 2' sparks fresh political firestorm ahead of release

'Kerala Story 2' sparks fresh political firestorm ahead of release

Rediff.com19 Feb 2026

The upcoming Hindi film 'The Kerala Story 2: Goes Beyond' is embroiled in controversy, similar to its predecessor, with accusations of hate propaganda and defenses of legitimate concern over religious conversion.

Pak gangster posts video of Gurdaspur cop killing; TTK owns responsibility

Pak gangster posts video of Gurdaspur cop killing; TTK owns responsibility

Rediff.com6 days ago

A Pakistan-based gangster posted a video on social media purportedly showing the killing of a police officer in Gurdaspur, near the Indo-Pak border. A terror outfit has claimed responsibility for the incident, prompting a thorough investigation by Punjab Police.

Public Cloud Service Drives Oracle India's Double-Digit Run

Public Cloud Service Drives Oracle India's Double-Digit Run

Rediff.com18 Feb 2026

'India is often skipping legacy cycles and moving directly to advanced AI-driven operations.'

T20 World Cup: Can India Turn Super Eight Tension Into Triumph?

T20 World Cup: Can India Turn Super Eight Tension Into Triumph?

Rediff.com22 Feb 2026

It takes a lot of mental strength to play in front of nearly 100,000 people in Ahmedabad. Even the bravest can succumb to the tension.

Modi-Trump Call: 'Headwind Becomes Tailwind': FM

Modi-Trump Call: 'Headwind Becomes Tailwind': FM

Rediff.com5 Feb 2026

The finance minister said that consolidation of state-owned banks could proceed at any time without waiting for the recommendations of the proposed high-level committee on banking.

'I Don't Want To Let Down The Economy...'

'I Don't Want To Let Down The Economy...'

Rediff.com9 Feb 2026

'This Budget has a one-year agenda, which you can call the sprint, and the marathon is towards Viksit Bharat.'

'Women Are Far More Dangerous And Cruel'

'Women Are Far More Dangerous And Cruel'

Rediff.com5 days ago

'Women in crime can turn on and off emotions like a tap.' 'Something that comes in the way of their goals can be eliminated without a second thought.'

Stock markets end higher on rally in Infosys shares

Stock markets end higher on rally in Infosys shares

Rediff.com16 Jan 2026

Tech Mahindra, HCL Tech, State Bank of India, UltraTech Cement and HDFC Bank were also among the gainers. In contrast, Eternal, Asian Paints, Bharat Electronics, Sun Pharma and Maruti were among the laggards.

No toll plaza queues anywhere in India by yearend, says Gadkari

No toll plaza queues anywhere in India by yearend, says Gadkari

Rediff.com5 days ago

'Within six months I expect petrol, diesel, and electric vehicles (EVs) to reach cost parity,' says Union Minister for Road Transport and Highways Nitin Gadkari.

Pvt-funded highway construction model highest priority: Gadkari

Pvt-funded highway construction model highest priority: Gadkari

Rediff.com5 days ago

On the back of an aggressive asset monetisation push, the government will press the throttle on the build-operate-transfer (BOT) model - under which private developers fund highway construction - for future highway development, Union Minister for Road Transport and Highways Nitin Gadkari said.

SC aks govt to protect, compensate vulnerable cyber victims

SC aks govt to protect, compensate vulnerable cyber victims

Rediff.com16 Feb 2026

The Supreme Court has directed the government to raise awareness, compensate, and protect vulnerable individuals who have lost money in cyber scams. The court's remarks came while granting bail to an accused in a cybercrime case, emphasizing the need for public education and cybersecurity awareness.

India Opens Doors To Foreign Banks, But...

India Opens Doors To Foreign Banks, But...

Rediff.com12 Nov 2025

But selectively, with regulatory scrutiny and special approval, points out Tamal Bandyopadhyay.

Homemaker's labour enables earning spouse to function well: HC

Homemaker's labour enables earning spouse to function well: HC

Rediff.com7 days ago

The Delhi High Court has ruled that a homemaker's labor is essential for the earning spouse's success and that disregarding these contributions when determining maintenance is unjust. The court emphasized that a wife's non-employment should not be equated with idleness and that the economic value of her contributions must be recognized.

Nifty hits record intra-day high; Sensex jumps 573 points

Nifty hits record intra-day high; Sensex jumps 573 points

Rediff.com2 Jan 2026

From the 30-Sensex firms, NTPC, Trent, Bajaj Finance, Power Grid, Maruti, State Bank of India, ICICI Bank and Bharat Electronics were among the biggest gainers. In contrast, ITC, Kotak Mahindra Bank, Titan Company, Axis Bank and Bharti Airtel were the laggards.

Why I Cycled From Kashmir To Kanyakumari

Why I Cycled From Kashmir To Kanyakumari

Rediff.com6 days ago

'That journey across India has changed me forever.'

Sensex ends lower on foreign fund outflows, selling in blue-chips

Sensex ends lower on foreign fund outflows, selling in blue-chips

Rediff.com13 Jan 2026

From the 30-Sensex firms, Trent, Larsen & Toubro, Reliance Industries, InterGlobe Aviation, Maruti, ITC, Adani Ports and Bharat Electronics were among the biggest laggards. In contrast, Eternal, ICICI Bank, Tech Mahindra, State Bank of India and Tata Consultancy Services were among the gainers.

'Cybersecurity incidents could surge 20 pc this year'

'Cybersecurity incidents could surge 20 pc this year'

Rediff.com11 Feb 2026

While methods such as generative user awareness remain among the most efficient and low-cost mechanisms for preventing cybersecurity incidents, they are becoming less effective as attacks become more sophisticated.

Stalin credits Rs 5,000 to 1.31cr women ahead of TN polls

Stalin credits Rs 5,000 to 1.31cr women ahead of TN polls

Rediff.com13 Feb 2026

Tamil Nadu Chief Minister M K Stalin pledges to double the monthly grant if his DMK party secures victory in the upcoming assembly election, aiming to empower women and secure their support.

Pan-India LeT module busted, 7 Bangladeshis among 8 held

Pan-India LeT module busted, 7 Bangladeshis among 8 held

Rediff.com7 days ago

In a major counter-terror operation spanning three states, the Delhi Police has dismantled a Lashkar-e-Taiba (LeT) module comprising eight operatives, including seven Bangladeshi nationals who had illegally entered India and procured forged identity documents, an official said on Sunday.

NHRC issues notice to states, UTs over HIV+ blood transfusion cases

NHRC issues notice to states, UTs over HIV+ blood transfusion cases

Rediff.com20 Dec 2025

The NHRC has issued notices to all states and Union territories following reports of children testing HIV positive after blood transfusions in Madhya Pradesh. The commission is seeking detailed reports on the matter within four weeks.

J-K plans 9 new tourist spots; sites shut after Pahalgam to reopen by May

J-K plans 9 new tourist spots; sites shut after Pahalgam to reopen by May

Rediff.com20 Feb 2026

The Jammu and Kashmir government announces plans to introduce nine new tourist destinations and reopen sites closed after the Pahalgam terror attack, aiming to revive and expand the region's tourism sector.

Birthday joy turns tragic, Jamia student killed in Delhi accident

Birthday joy turns tragic, Jamia student killed in Delhi accident

Rediff.com13 Feb 2026

A 19-year-old was killed and his friend severely injured after a speeding truck collided with their scooter in Delhi. The incident occurred while they were celebrating the deceased's birthday.

ED chargesheets RG Kar ex-principal in medical college irregularities

ED chargesheets RG Kar ex-principal in medical college irregularities

Rediff.com7 Feb 2026

The Enforcement Directorate (ED) has filed a chargesheet in connection with alleged financial irregularities at the R G Kar Medical College and Hospital, naming former principal Sandip Ghosh and others as accused.

Construction of Babri-style mosque begins in Murshidabad

Construction of Babri-style mosque begins in Murshidabad

Rediff.com11 Feb 2026

Suspended TMC MLA Humayun Kabir has initiated the construction of a mosque modeled after the Babri Masjid in West Bengal's Murshidabad district, sparking political reactions and debate.