News for 'private bank'

JD-U MLAs Want Nishant Kumar As Bihar CM, Not BJP Leader

JD-U MLAs Want Nishant Kumar As Bihar CM, Not BJP Leader

Rediff.com4 Apr 2026

'Nearly 80 of 85 JD-U MLAs are not in favour of a CM from the BJP.'

Tata Trusts Back Chandra's Third Term

Tata Trusts Back Chandra's Third Term

Rediff.com9 Mar 2026

The government is closely watching the fast-paced developments at the salt-to-semiconductor conglomerate.

Markets end higher led by private banks

Markets end higher led by private banks

Rediff.com21 Nov 2012

ICICI Bank and HDFC Bank help the upmove.

Private banks to gain most from Budget 2015

Private banks to gain most from Budget 2015

Rediff.com3 Mar 2015

Budget 2015 has blessed the banking sector.

ICICI Bank overtakes HDFC Bank as top private bank employer

ICICI Bank overtakes HDFC Bank as top private bank employer

Rediff.com8 Jun 2014

It recorded total income of Rs 54,606 crore (Rs 546.06 billion) and net profit of Rs 9,810 crore (Rs 98.10 billion) on stand-alone basis.

Heading home after a year, Bihar labourer falls to death in Delhi manhole

Heading home after a year, Bihar labourer falls to death in Delhi manhole

Rediff.com11 Feb 2026

His death leaves behind an elderly mother, his wife and three children all under the age of five.

Govt mulls 100% foreign investment in private banks

Govt mulls 100% foreign investment in private banks

Rediff.com18 Jan 2018

It is also considering to hike FDI cap for public sector from 20 per cent to 49 per cent

Kanpur Police Unearth Rs 250 Crore GST Fraud

Kanpur Police Unearth Rs 250 Crore GST Fraud

Rediff.com3 Mar 2026

Kanpur police have uncovered a GST fraud racket where suspects used unsuspecting individuals' documents to create fake firms and route transactions worth nearly Rs 250 crore.

Why Billionaires Are Fighting for IPL Teams

Why Billionaires Are Fighting for IPL Teams

Rediff.com17 Feb 2026

The business value of the league, popularly called the IPL, surged to a record $18.5 billion last year, U.S.-based investment bank Houlihan Lokey says.

Jharkhand Court Demands Answers in Hazaribag Rape-Murder Case

Jharkhand Court Demands Answers in Hazaribag Rape-Murder Case

Rediff.com30 Mar 2026

The Jharkhand High Court has taken suo motu cognisance of the alleged rape and murder of a 12-year-old girl in Hazaribag district, demanding responses from state officials and police regarding the ongoing investigation and lack of arrests.

Agencies bust 8,000 mule accounts in J-K; warn of terror funding risk

Agencies bust 8,000 mule accounts in J-K; warn of terror funding risk

Rediff.com15 Feb 2026

Security agencies have uncovered a vast network of 'mule accounts' in Jammu and Kashmir used to launder money for global scams, raising concerns about potential links to separatist activities.

Adanis win US court hearing in case to throw out SEC fraud suit

Adanis win US court hearing in case to throw out SEC fraud suit

Rediff.com8 Apr 2026

A US judge has granted Gautam Adani's request for a hearing to dismiss a US Securities and Exchange Commission (SEC) fraud case, with Adani's legal team arguing the case lacks jurisdiction and credible evidence.

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.'

NCP (SP) MLA Rohit Pawar Files Discharge Plea in MSCB Scam Case

NCP (SP) MLA Rohit Pawar Files Discharge Plea in MSCB Scam Case

Rediff.com6 Mar 2026

NCP (SP) MLA Rohit Pawar has filed a discharge application in connection with the Maharashtra State Co-operative Bank (MSCB) 'scam' case, claiming the predicate offence has been closed and no money laundering case is made out.

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.

Barclays to start private banking biz soon

Barclays to start private banking biz soon

Rediff.com1 Sep 2008

The group had earmarked $400-million to fund its expansion in the private banking business globally, two years back. The group has already hired 57 professionals for its Indian operations and plans to enhance the staff strength to nearly 100 within the next six months.

IPO wave big validation of tech ecosystem: SoftBank exec

IPO wave big validation of tech ecosystem: SoftBank exec

Rediff.com16 Dec 2025

SoftBank's early India bets are beginning to deliver. The Japanese investor, which clocked nearly 5.4x returns on Lenskart and chose to stay invested in Meesho ahead of its public listing, has so far returned close to $7 billion from India to its global investors.

Why Ramzan Felt Different This Year

Why Ramzan Felt Different This Year

Rediff.com21 Mar 2026

During this Ramzan, another religious practice was turned into an offence: Breaking the fast, or iftar.

Private banks set to join rate cut race

Private banks set to join rate cut race

Rediff.com5 Nov 2008

Private sector banks are set to join the rate cut bandwagon. A day before meeting Finance Secretary Arun Ramanathan in New Delhi, senior executives of some leading private bank said the rate could be lowered by 50-75 basis points over the next two to three weeks.

Why Banks Are Struggling For Deposits

Why Banks Are Struggling For Deposits

Rediff.com19 Nov 2025

As deposit growth lags credit expansion, Indian banks face shrinking low-cost Casa inflows, rising funding costs, and structural shifts driven by UPI, e-Kuber, and digital savings trends, points out Tamal Bandyopadhyay.

Sitharaman Orders Banks to Return Unclaimed Citizens' Money

Sitharaman Orders Banks to Return Unclaimed Citizens' Money

Rediff.com23 Sep 2025

Given that a sizeable part of this money is part of the coveted current accounts and savings accounts, it is surprising that banks are not in a hurry to revive these accounts, notes Tamal Bandyopdhyay.

23% rise in fake notes in India's private banks

23% rise in fake notes in India's private banks

Rediff.com27 Aug 2012

Govt targets coordinated approach among agencies; plastic notes set for test in five cities.

Private banks lower lending rates

Private banks lower lending rates

Rediff.com3 Apr 2009

Axis Bank reduced its prime lending rate by 0.5 per cent to 15.25 per cent, while Bank of Rajasthan slashed it by 0.25 per cent to 9.75 per cent. The private sector banks' lowering of their benchmark rates came close on the heels of another private sector lender, HDFC, responding to the repeated monetary measures introduced by the Reserve Bank of India this year.

What Happens When Trump's Deadline Expires?

What Happens When Trump's Deadline Expires?

Rediff.com7 Apr 2026

Trump may strike. He may announce productive talks and extend again. He may do both at the same time. Iran will not open the Strait on someone else's terms, so no matter what happens, that problem will remain unsolved. And the IRGC will still be collecting its $2 million toll from every ship bold enough to ask permission to pass.

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

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

Rediff.com25 Feb 2026

'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.

SocGen plans NBFC to boost private banking

SocGen plans NBFC to boost private banking

Rediff.com25 Sep 2008

"The NBFC gives us greater flexibility in functioning. Retail and broking businesses can be affected by the ups and downs in the market, but private banking does not get affected as high networth individuals continue to get high salaries and earn profits. However, on the individual risk profile, the asset class keeps changing," said Nipun Mehta, head and executive director, SG Private Banking India.

Buying Online May Soon Be As Simple As Looking At Your Phone

Buying Online May Soon Be As Simple As Looking At Your Phone

Rediff.com25 Feb 2026

Mastercard and Visa are introducing passkeys that will allow users to authenticate card payments with face scans or fingerprints, eliminating the need for one-time passwords (OTPs).

Healthy prospects for private banks

Healthy prospects for private banks

Rediff.com29 Apr 2011

Analysts believe there could be some pressure on banks' margins in the interim.

'You End Up Firefighting': Finance Minister

'You End Up Firefighting': Finance Minister

Rediff.com26 Feb 2026

'Uncertainty level A in the morning, uncertainty level B in the afternoon. If I answer about tariff rates now, I'll be outdated by the evening.'

Pvt-funded highway construction model highest priority: Gadkari

Pvt-funded highway construction model highest priority: Gadkari

Rediff.com25 Feb 2026

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.

Goldman Sachs bets on Indian aerospace, prefers private firms

Goldman Sachs bets on Indian aerospace, prefers private firms

Rediff.com4 Oct 2025

Goldman Sachs is bullish about Indian aerospace and defence, preferring private companies over public sector units (PSUs) as the country ramps up its export target for the sector to Rs 50,000 crore by FY29 from Rs 23,600 crore last year. The American investment bank's top 'buy' recommendations include Solar Industries, Bharat Electronics, Data Patterns and PTC Industries, while Bharat Dynamics is rated 'sell'.

'No Fuel Shortage, Only Panic'

'No Fuel Shortage, Only Panic'

Rediff.com28 Mar 2026

'There is no shortage of fuel whatsoever.' 'India is stock surplus as far as petrol and diesel are concerned.'

M&A financing the new frontier for banks, but RBI's watching

M&A financing the new frontier for banks, but RBI's watching

Rediff.com26 Nov 2025

Mint Road's proposals on banks' M&A funding are cautious even as entrants root for more elbow room, and weigh business models.

Trade union strike sees mixed response; normal life unaffected

Trade union strike sees mixed response; normal life unaffected

Rediff.com12 Feb 2026

A nationwide strike called by central trade unions saw a mixed response across India, impacting various sectors and states differently, with some areas experiencing disruptions while others remained largely unaffected.

Delhi biker death: Labourer held for not reporting fall

Delhi biker death: Labourer held for not reporting fall

Rediff.com9 Feb 2026

Delhi Police have arrested a labourer for allegedly failing to report a biker's fall into a pit in Janakpuri, which led to the biker's death. The subcontractor involved was also arrested.

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.

CBI Arrests Key Accused in Massive Gain Bitcoin Scam

CBI Arrests Key Accused in Massive Gain Bitcoin Scam

Rediff.com11 Mar 2026

The Central Bureau of Investigation (CBI) has arrested Ayush Varshney, co-founder of Darwin Labs, in connection with the 200 million Gain Bitcoin cryptocurrency scam. Varshney was apprehended while attempting to flee the country.

Sensex down 275 points on fag-end selling

Sensex down 275 points on fag-end selling

Rediff.com10 Dec 2025

Among the Sensex constituents, Eternal, Trent, Bharti Airtel, Infosys, Tech Mahindra, UltraTech Cement, ICICI Bank, HDFC Bank, Bajaj Finance, Tata Consultancy Services, Bharat Electronics Ltd, Larsen & Toubro and Tata Motors Passenger Vehicles were the laggards. However, Tata Steel, Sun Pharmaceuticals, ITC, NTPC, Reliance Industries, HCL Technologies, PowerGrid, and Asian Paints were among the gainers.

Strikes Shake India's Gig Economy

Strikes Shake India's Gig Economy

Rediff.com21 Feb 2026

Two of the three strikes are related to the gig economy, a centrepiece of the new labour Codes.

Mahindra sells entire stake in RBL Bank for Rs 678 cr

Mahindra sells entire stake in RBL Bank for Rs 678 cr

Rediff.com6 Nov 2025

Mahindra & Mahindra (M&M) on Thursday said it has sold 3.53 per cent stake in RBL Bank for Rs 678 crore, representing a 62.5 per cent gain on the investment. On July 26, 2023, the Mumbai-based diversified firm had announced the acquisition of a 3.53 per cent stake in RBL Bank as a treasury investment at a cost of Rs 417 crore.