News for 'bank of india'

Smallcap To Watch Out For In 2026

Smallcap To Watch Out For In 2026

Rediff.com4 Feb 2026

After two years of strong gains, smallcap stocks fell sharply in 2025, but the correction may be setting up opportunities for long-term investors.

Forex reserves drop by $9.80 bn to $686.80 bn

Forex reserves drop by $9.80 bn to $686.80 bn

Rediff.com9 Jan 2026

India's forex reserves dropped by $9.8 billion to $686.81 billion in the week to January 2, the Reserve Bank of India (RBI) said on Friday.

Ranji Trophy quarters: Mumbai, Karnataka gear up for fierce battle

Ranji Trophy quarters: Mumbai, Karnataka gear up for fierce battle

Rediff.com5 Feb 2026

Mumbai, Karnataka brace for 'mini India' showdown in marquee Ranji QF match

T20 World Cup: Sri Lanka face tricky opener vs unpredictable Ireland

T20 World Cup: Sri Lanka face tricky opener vs unpredictable Ireland

Rediff.com7 Feb 2026

Sri Lanka didn't have the best of preparations for the T20 showpiece as they were whitewashed 0-3 by England in a home T20 series. Ireland will be led by veteran Paul Stirling and feature key players like Harry Tector and Josh Little.

Bharat vrooms ahead of India in car sales growth

Bharat vrooms ahead of India in car sales growth

Rediff.com7 Jan 2026

Rural India outpaced urban centres in passenger vehicle sales in 2025, recording a growth of 12 per cent compared with 8 per cent in cities.

RBI Eyes Zero-Fraud Payments

RBI Eyes Zero-Fraud Payments

Rediff.com10 Jan 2026

The amount involved in banking system frauds surged to Rs 21,515 crore in the first half of FY26, up 30 per cent from the same period last year, even as the number of frauds fell 2.8 times to 5,092.

Budget 2026: Prez Murmu offers 'Dahi-Cheeni' to Sitharaman

Budget 2026: Prez Murmu offers 'Dahi-Cheeni' to Sitharaman

Rediff.com1 Feb 2026

Sitharaman continues with the tradition she set in 2019, carrying the budget speech in a 'bahi-khata', which she used after dropping the briefcase tradition.

Privatisation of banks unlikely to hurt national interest: FM

Privatisation of banks unlikely to hurt national interest: FM

Rediff.com4 Nov 2025

Finance Minister Nirmala Sitharaman on Tuesday allayed apprehension that privatisation of state-owned banks would hurt financial inclusion and national interest. She said the bank nationalisation done in 1969 has not yielded the desired result as far as financial inclusion was concerned.

Rupee sees worst single-day fall in 2 months on importer dollar demand

Rupee sees worst single-day fall in 2 months on importer dollar demand

Rediff.com17 Jan 2026

The rupee witnessed its worst single-day decline in around two months since November 21, 2025, due to demand for dollars among importers, said dealers. The maturing short positions in the non-deliverable forwards market further weighed on the local currency.

Missed Income In ITR? File ITR-U

Missed Income In ITR? File ITR-U

Rediff.com4 Feb 2026

Taxpayers should consider ITR-U if they omitted income, wrongly claimed deductions or exemptions, or made reporting errors that led to a shortfall in tax payment.

Ex-bus conductor, paediatrician among 45 Padma Shri 'unsung heroes'

Ex-bus conductor, paediatrician among 45 Padma Shri 'unsung heroes'

Rediff.com25 Jan 2026

India announces Padma Shri awards for 45 individuals, recognizing 'unsung heroes' like a former bus conductor who created the world's largest free library and a pediatrician who established Asia's first human milk bank.

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.

Bank Frauds Creep Back, RBI Sounds Alarm

Bank Frauds Creep Back, RBI Sounds Alarm

Rediff.com8 Nov 2025

Fraud reported by banks declined in 2024-2025 to 23,953 as compared to 36,060 in the previous year though the amount involved jumped to Rs 36,014 crore from Rs 12,230 crore.

Silver, gold futures decline as traders book profits after record highs

Silver, gold futures decline as traders book profits after record highs

Rediff.com30 Jan 2026

Silver and gold prices declined sharply in the futures trade on Friday as traders booked profits at elevated levels after a record-breaking rally, tracking a bearish sentiment in global markets and a rebound in the US dollar.

Banks raised Rs 55K crore through CDs in fortnight ended Nov 14

Banks raised Rs 55K crore through CDs in fortnight ended Nov 14

Rediff.com24 Nov 2025

With deposit growth remaining sluggish and the credit - deposit ratio of commercial banks crossing 80 per cent, banks have ramped up their borrowing in the certificate of deposit (CD) market. In the fortnight ended November 14, CD issuances climbed to nearly Rs 55,000 crore - double the borrowings of the preceding two fortnights and the highest since the September 19 fortnight.

Banks can now fund India Inc's M&A drive

Banks can now fund India Inc's M&A drive

Rediff.com2 Oct 2025

The Reserve Bank of India (RBI) on Wednesday met the long-standing demand of banks by allowing them to finance acquisitions by Indian companies, a move that also expands banks' capital market lending in the country.

Man loses Rs 16.50L in digital arrest for 'Delhi blast probe'

Man loses Rs 16.50L in digital arrest for 'Delhi blast probe'

Rediff.com22 Jan 2026

The caller told the victim that a bank account linked to his mobile number had allegedly received Rs 7 crore through money laundering activities and warned that he would be arrested in the case.

Tiger Global Verdict: SC rewrites rules of cross-border taxation

Tiger Global Verdict: SC rewrites rules of cross-border taxation

Rediff.com29 Jan 2026

The SC has gone a step further to state that even if one were to not apply the codified GAAR provisions, the judicial GAAR would continue to apply, point out Pranav Sayta and Bhargav Selarka.

Banks Offer More Flexibility In Nominations

Banks Offer More Flexibility In Nominations

Rediff.com6 Nov 2025

Beginning November 1, 2025, bank customers can name up to four nominees for their accounts and lockers.

A long-game Budget

A long-game Budget

Rediff.com2 Feb 2026

The Union Budget for 2026-27, presented by Finance Minister (FM) Nirmala Sitharaman on Sunday, which was a first, had an excellent domestic macro backdrop. According to the first advance estimates, gross domestic product (GDP) in constant prices is projected to grow 7.4 per cent in the current financial year, against 6.5 per cent in 2024-25.

'Budget Likely To Be Non-Event For Markets'

'Budget Likely To Be Non-Event For Markets'

Rediff.com31 Jan 2026

'When markets go into a budget with excessive optimism, the risk of disappointment is higher.'

Net FDI stayed negative in November

Net FDI stayed negative in November

Rediff.com22 Jan 2026

Net foreign direct investment (FDI) remained negative in November 2025 for the third consecutive month, mainly due to high repatriation, the Reserve Bank of India (RBI) said in its January bulletin.

Agencies flag 'crypto hawala' pipeline funding terror in J-K

Agencies flag 'crypto hawala' pipeline funding terror in J-K

Rediff.com18 Jan 2026

Mirroring the traditional hawala system, where money is sent through non-banking channels, this digital version uses the anonymity of unregulated cryptocurrency to erase the financial trail and inject cash into the domestic economy.

Nifty May See Worst January In A Decade

Nifty May See Worst January In A Decade

Rediff.com22 Jan 2026

Worries about global politics and trade are pulling the Nifty 50 down. Experts say the market could drop further low.

SC Orders NBCC to Complete Supertech Housing Projects, Protecting Homebuyers

SC Orders NBCC to Complete Supertech Housing Projects, Protecting Homebuyers

Rediff.com5 Feb 2026

The Supreme Court of India has upheld an order directing NBCC to complete 16 delayed housing projects of Supertech Limited, providing relief to thousands of homebuyers who have been waiting for nearly two decades.

SC Orders NBCC to Complete Supertech Housing Projects, Protecting Homebuyers

SC Orders NBCC to Complete Supertech Housing Projects, Protecting Homebuyers

Rediff.com5 Feb 2026

The Supreme Court of India has upheld an order directing NBCC to complete 16 delayed housing projects of Supertech Limited, providing relief to thousands of homebuyers who have been waiting for nearly two decades.

Wholesale price inflation rises marginally to 0.83% in December

Wholesale price inflation rises marginally to 0.83% in December

Rediff.com14 Jan 2026

Wholesale price inflation extended upward momentum for the second straight month, recording at 0.83 per cent in December 2025, driven by an uptick in prices of food, non-food articles, and manufactured items on a month-on-month basis, government data showed on Wednesday. Wholesale Price Index (WPI)-based inflation returned to positive in December, after witnessing a deflationary trend in the previous two months.

Forex Reserves See Sharp Weekly Fall

Forex Reserves See Sharp Weekly Fall

Rediff.com12 Jan 2026

The previous largest weekly decline was recorded in the week ended November 15, 2024.

Why Govt Bonds Won't Enter Bloomberg Index Yet

Why Govt Bonds Won't Enter Bloomberg Index Yet

Rediff.com16 Jan 2026

India was being evaluated for a potential weight of around 1 per cent in the index, an allocation that could have translated into $25 billion of inflows, spread over roughly 10 months.

RBI deputy governor flags cyber risk over volume of personal data with FIs

RBI deputy governor flags cyber risk over volume of personal data with FIs

Rediff.com21 Jan 2026

The increasing use of models, algorithms, and code across the financial industry is reshaping how outcomes are generated. However, their limitations, such as explainability, embedded bias, and model drift may not be immediately apparent and may emerge only as these technologies gain scale, warns RBI deputy governor Shirish Chandra Murmu.

Budget At Economic Crossroads

Budget At Economic Crossroads

Rediff.com30 Jan 2026

'We believe the truth is in the middle, and that India is at an important crossroads.'

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.

Budget 2026: 'Increased Industrialisation Will Lead To More Jobs'

Budget 2026: 'Increased Industrialisation Will Lead To More Jobs'

Rediff.com28 Jan 2026

'The trade deficit in some sectors is huge and that is an area of opportunity to localise.'

Budget 2026: Next 5 Reforms Needed To Boost Growth

Budget 2026: Next 5 Reforms Needed To Boost Growth

Rediff.com28 Jan 2026

Sustaining 8 per cent-plus growth rates is necessary if we are to reach high-income status by 2047, points out Amitabh Kant.

Modi raises Sabarimala gold theft in mega Kerala rally

Modi raises Sabarimala gold theft in mega Kerala rally

Rediff.com23 Jan 2026

Prime Minister Narendra Modi attacked the ruling Left and Congress in Kerala, raising the Sabarimala gold loss issue and accusing the Congress of aligning with hardline elements. He urged voters to choose the BJP for development and good governance.

Union Budget 2026: Sitharaman tries to cover all bases, leaves out markets

Union Budget 2026: Sitharaman tries to cover all bases, leaves out markets

Rediff.com1 Feb 2026

Budget 2026 sticks to fiscal discipline, shuns populist measures despite five key state elections coming up, but ends up rattling stock markets with a higher transaction tax on derivatives trading.

Gold holding of domestic ETFs surges to 6th highest globally

Gold holding of domestic ETFs surges to 6th highest globally

Rediff.com20 Jan 2026

Domestic gold exchange-traded funds (ETFs) saw their holdings jump 65 per cent to 95 tonnes in 2025, elevating Indian ETFs to sixth place globally, going by holdings of the yellow metal. At the end of 2024, they ranked eighth with 57.5 tonnes of holding, according to an analysis of data from the World Gold Council (WGC).

Can Budget Balance Growth And Fiscal Discipline?

Can Budget Balance Growth And Fiscal Discipline?

Rediff.com30 Jan 2026

The forthcoming Budget could think of maintaining public capital expenditure at 3 per cent so that domestic resources are available for private investments, points out N R Bhanumurthy.

HDFC Bank barred from onboarding new clients in Dubai branch

HDFC Bank barred from onboarding new clients in Dubai branch

Rediff.com27 Sep 2025

HDFC Bank has been barred from onboarding new customers at its Dubai International Financial Centre branch by the local regulator. HDFC Bank, India's largest private sector lender, said it has initiated the necessary steps to comply with the notice of the Dubai Financial Services Authority and added that it does not see any material impact from it.

Budget 2026: The Industry Wishlist...

Budget 2026: The Industry Wishlist...

Rediff.com29 Jan 2026

Investors and startup executives are calling for extending the period for an entity to be recognised as a startup from 10 to 15 years for deep-tech companies.