Search results for '-bank'

Why have Promoters Borrowed Rs 7 Trillion?

Why have Promoters Borrowed Rs 7 Trillion?

Rediff.com29 Aug 2026

The absolute amount of money raised is more than three times the 2 trillion seen before the pandemic (June 2019).

Supreme Court Orders CBI Probe into ED Allegations Against Former Indiabulls Housing Finance Promoter

Supreme Court Orders CBI Probe into ED Allegations Against Former Indiabulls Housing Finance Promoter

Rediff.com19 Aug 2026

The Supreme Court has directed the Central Bureau of Investigation (CBI) to examine all six allegations of financial irregularities levelled by the Enforcement Directorate against Sameer Gehlaut, former chairperson of Indiabulls Housing Finance (IHFL), and five corporate groups, following repeated criticism of investigating agencies for lack of progress.

Sensex, Nifty Fall for 5th Day on Crude Price Surge, West Asia Crisis

Sensex, Nifty Fall for 5th Day on Crude Price Surge, West Asia Crisis

Rediff.com17 Aug 2026

Indian benchmark indices, Sensex and Nifty, continued their downward trend for the fifth consecutive day, with the Sensex dropping 281 points and Nifty falling 78 points, primarily driven by surging crude oil prices and persistent geopolitical tensions in West Asia.

TN CM Vijay waives cooperative farm loans up to Rs 75,000

TN CM Vijay waives cooperative farm loans up to Rs 75,000

Rediff.com17 Aug 2026

Tamil Nadu Chief Minister C Joseph Vijay announced a comprehensive waiver of cooperative farm loans, providing full relief for loans up to Rs 75,000 and partial waivers for higher amounts, benefiting over 1.38 lakh farmers with an additional financial commitment of Rs 953.06 crore.

India's Balance of Payments Deficit Expands to $8.1 Billion in Q1FY27

India's Balance of Payments Deficit Expands to $8.1 Billion in Q1FY27

Rediff.com15 Aug 2026

India's balance of payments (BoP) recorded an $8.1 billion deficit in the first quarter of 2026-27 (Q1FY27), a significant increase from a $4.5 billion surplus in the corresponding period of the previous year, primarily driven by a sharp reversal in portfolio flows.

SC seeks Centre's report on implementation of NEET reforms

SC seeks Centre's report on implementation of NEET reforms

Rediff.com19 Aug 2026

The Supreme Court has directed the Centre to submit an affidavit detailing the steps taken to implement the recommendations of the Radhakrishnan panel and the Nandan Nilekani committee for institutionalising reforms in the National Testing Agency (NTA) and improving NEET exam processes.

BJP's 10-point resolution condemns Cong's Vande Mataram stance

BJP's 10-point resolution condemns Cong's Vande Mataram stance

Rediff.com22 Aug 2026

The BJP has strongly condemned the Congress's decision to sing only two stanzas of Vande Mataram, vowing to protect the dignity and national status of the full version of the national song and launch a nationwide campaign to spread its significance.

Indian Golfer Pranavi Urs Makes Progress In Swiss Ladies Open

Indian Golfer Pranavi Urs Makes Progress In Swiss Ladies Open

Rediff.com14 Aug 2026

Indian golfer Pranavi Urs showed improvement in the second round of the VP Bank Swiss Ladies Open, moving to T-24. While Urs progressed, fellow Indian golfers Tvesa Malik and Diksha Dagar faced challenges, with Dagar at risk of missing the cut. Sweden's Kajsa Arwefjall leads the tournament, maintaining a strong performance.

India's Forex Kitty Swells by $10.5 Billion to $692.87 Billion

India's Forex Kitty Swells by $10.5 Billion to $692.87 Billion

Rediff.com7 Aug 2026

India's foreign exchange reserves saw a significant increase of $10.512 billion, reaching $692.866 billion for the week ending July 31, driven by a rise in foreign currency assets and gold reserves.

Modi announces overhaul of civil defence in Independence Day address

Modi announces overhaul of civil defence in Independence Day address

Rediff.com15 Aug 2026

Prime Minister Narendra Modi has announced plans to modernise India's civil defence volunteer force, stating that the existing system, designed for conventional wars, is inadequate against contemporary threats targeting critical infrastructure like refineries, banks, and data centres.

Phiball: IIT Madras Reinvents Basketball With A Three-Team Circular Court

Phiball: IIT Madras Reinvents Basketball With A Three-Team Circular Court

Rediff.com29 Aug 2026

IIT Madras has launched "Phiball," a new three-team basketball game designed to be faster, more accessible, and tactically demanding. Inspired by Omegaball, Phiball is played on a circular court, forcing players to adapt to new strategies and constant defense, making it an intense experience with low setup costs.

Phiball: IIT Madras Reinvents Basketball With A Three-Team Circular Court

Phiball: IIT Madras Reinvents Basketball With A Three-Team Circular Court

Rediff.com29 Aug 2026

IIT Madras has launched "Phiball," a new three-team basketball game designed to be faster, more accessible, and tactically demanding. Inspired by Omegaball, Phiball is played on a circular court, forcing players to adapt to new strategies and constant defense, making it an intense experience with low setup costs.

RBI keeps key interest rate same amid inflation, global risks

RBI keeps key interest rate same amid inflation, global risks

Rediff.com5 Aug 2026

The Reserve Bank of India (RBI) has maintained its benchmark policy rate at 5.25 per cent for the fourth consecutive meeting, prioritising clarity on inflation trends, particularly concerning energy costs and geopolitical developments.

How AI Weather Forecasts Are Transforming Farming In Telangana

How AI Weather Forecasts Are Transforming Farming In Telangana

Rediff.com9 Aug 2026

A World Bank report highlights how Artificial Intelligence-powered weather forecasts have enabled small farmers in Telangana, India, to save up to USD 560 by adapting their farming practices to specific risks. The report, "The Promise of Artificial Intelligence," advocates for developing countries to rapidly adopt small, low-cost AI tools to enhance productivity, improve government services, and avoid missing out on the AI revolution.

India Ranks Fifth in GenAI Patents

India Ranks Fifth in GenAI Patents

Rediff.com24 Aug 2026

India published 929 generative AI patents in 2024 and 2025 alone -- equating to nearly 70 per cent of the 1,350 patents it published over the entire previous decade (2014 to 2023).

Veteran Golfer Eleanor Givens Claims First LET Victory In Switzerland

Veteran Golfer Eleanor Givens Claims First LET Victory In Switzerland

Rediff.com16 Aug 2026

Indian golfer Pranavi Urs finished tied-38th at the VP Bank Swiss Ladies event, while England's Eleanor Givens secured her maiden Ladies European Tour title after 15 seasons and 210 starts, rallying from behind on the final day.

Stock Markets Today: Sensex, Nifty gain as RBI holds rates, crude oil dips

Stock Markets Today: Sensex, Nifty gain as RBI holds rates, crude oil dips

Rediff.com6 Aug 2026

Indian benchmark indices, Sensex and Nifty, saw early gains driven by lower crude oil prices and buying in Reliance Industries, even as the Reserve Bank of India maintained its benchmark policy rate for the fourth consecutive meeting, reinforcing confidence in the domestic economy.

Former AAP minister Satyendar Jain among 6 held in Jal Board tender scam

Former AAP minister Satyendar Jain among 6 held in Jal Board tender scam

Rediff.com19 Aug 2026

Former Delhi minister Satyendar Jain and ex-Delhi Jal Board CEO Udit Prakash Rai are among six individuals arrested by the Anti-Corruption Branch (ACB) in connection with an alleged corruption case. The case involves irregularities and manipulation in the tendering process for sewage treatment plant projects of the Delhi Jal Board, with allegations of favouring a specific technology provider and significant financial implications for the government exchequer. The investigation has also revealed a money trail involving substantial transfers to the accused.

Banks Push Loans Against Mutual Funds

Banks Push Loans Against Mutual Funds

Rediff.com4 Jun 2026

LAMF allows investors to access liquidity while staying invested.

Crude price, US-Iran conflict to dictate market trends

Crude price, US-Iran conflict to dictate market trends

Rediff.com23 Aug 2026

Analysts predict that crude oil prices and the ongoing US-Iran conflict will be the primary drivers of stock market movements, with investors also closely watching the Jackson Hole symposium for cues on interest rates.

RBI extends loan recovery norms implementation to 2027, eases some rules

RBI extends loan recovery norms implementation to 2027, eases some rules

Rediff.com7 Aug 2026

The Reserve Bank of India (RBI) has extended the implementation date for its revised loan recovery and agent engagement directions to January 1, 2027, from the previously proposed October 1, 2026, following stakeholder feedback.

The new age of bullion: Why investors are choosing ETFs over lockers

The new age of bullion: Why investors are choosing ETFs over lockers

Rediff.com21 Aug 2026

Today, many investors are less concerned about holding bullion physically. What matters more is gaining exposure to price movements. As a result, the new-age investment trend has shifted more towards ETFs.

Court Orders Case Against 69 Indian Bank Staff In Rs 5 Crore Embezzlement

Court Orders Case Against 69 Indian Bank Staff In Rs 5 Crore Embezzlement

Rediff.com13 Jun 2026

Police in Gonda, Uttar Pradesh, have registered a case against 69 former and serving officers and employees of an Indian Bank branch for allegedly embezzling nearly Rs 5 crore from a union account. The case was filed following a court order after the accused failed to return the embezzled funds despite an earlier undertaking.

K'taka youth held for posting Tipu Sultan cutout reel with pro-Pak song

K'taka youth held for posting Tipu Sultan cutout reel with pro-Pak song

Rediff.com25 Aug 2026

A 23-year-old youth was arrested on Monday for allegedly posting and circulating an edited social media reel featuring a 40-foot cutout of 18th-century Mysuru ruler Tipu Sultan with a pro-Pakistan song, the police said.

RBI Imposes Penalties On Canara Bank, Puran Associates For Regulatory Breaches

RBI Imposes Penalties On Canara Bank, Puran Associates For Regulatory Breaches

Rediff.com5 Jun 2026

The Reserve Bank of India has imposed a penalty of Rs 41.8 lakh on Canara Bank for non-compliance with KYC norms and incorrect account classification, and Rs 3.1 lakh on Puran Associates Pvt Ltd for asset classification violations.

Claude AI Gets India Data Residency

Claude AI Gets India Data Residency

Rediff.com4 Aug 2026

The move comes amid growing demand from organisations in India for local access to Claude.

Our endeavour is to bring inflation in line with target over the medium term

"Our endeavour is to bring inflation in line with target over the medium term"

Rediff.com6 Aug 2026

"Our endeavour is to bring headline inflation in line with the target over the medium term," said RBI Governor Sanjay Malhotra, addressing concerns about the central bank's policy stance and economic outlook.

India's UPI Expands Global Reach With Maldives Integration

India's UPI Expands Global Reach With Maldives Integration

Rediff.com31 Jul 2026

NPCI International Payments Ltd (NIPL) and Maldives Monetary Authority (MMA) have successfully integrated the Maldives' instant payment system 'Favara' with India's Unified Payments Interface (UPI). This enables real-time fund transfers from Maldives to UPI-enabled Indian bank accounts, marking a significant step in cross-border digital financial connectivity and bilateral economic cooperation.

Lost Your Job? Protect Your Finances

Lost Your Job? Protect Your Finances

Rediff.com26 Aug 2026

List all unavoidable expenses such as rent, groceries, transportation, education and medical bills.

Sebi streamlines FPI onboarding, allows digitally signed Power of Attorney

Sebi streamlines FPI onboarding, allows digitally signed Power of Attorney

Rediff.com20 Aug 2026

India's capital markets regulator, Sebi, has simplified the onboarding process for foreign portfolio investors (FPIs) by permitting them to submit a digitally signed Power of Attorney (PoA) to their custodians, eliminating the need for notarisation or apostillisation.

Sensex Climbs 374 Points on Heavyweight Buying, Nifty Ends Flat

Sensex Climbs 374 Points on Heavyweight Buying, Nifty Ends Flat

Rediff.com6 Aug 2026

Indian stock market indices closed on a mixed note, with the Sensex gaining 374 points driven by buying in Reliance Industries and ICICI Bank, while the Nifty remained flat. This divergence is attributed to a new Closing Auction Session (CAS) mechanism introduced by stock exchanges, impacting market liquidity and price discovery.

'China didn't inform, Nepal toll could rise unbelievably'

'China didn't inform, Nepal toll could rise unbelievably'

Rediff.com27 Aug 2026

Nepal's former Forest and Environment Minister Madhav Prasad Chaulagain has expressed concern over the lack of timely information exchange with China ahead of the devastating floods, stating that the disaster's scale could lead to an 'unbelievable' rise in the death toll.

Delhi Lakshmi Yojana: Ineligibility Leads To Fund Recovery

Delhi Lakshmi Yojana: Ineligibility Leads To Fund Recovery

Rediff.com17 Aug 2026

The Delhi government has notified detailed guidelines for the Delhi Lakshmi Yojana, outlining strict provisions for beneficiaries found ineligible, including discontinuation of financial assistance, recovery of disbursed funds, and potential fraud charges. The scheme provides Rs 2,500 monthly to eligible women, with specific rules for fund disbursement via RD/FD accounts and CBDC wallets, along with clear eligibility and exclusion criteria.

Motorola Edge 70 Max Has Android 16, 90W Charging

Motorola Edge 70 Max Has Android 16, 90W Charging

Rediff.com21 Aug 2026

The Motorola Edge 70 Max is a feature-packed smartphone that combines a Snapdragon 8 Gen 5 processor, a 144 Hz AMOLED display and a 7,100 mAh battery claiming to deliver up to 58 hours of battery life.

84 Indians rescued in Nepal floods, search ops continue: MEA

84 Indians rescued in Nepal floods, search ops continue: MEA

Rediff.com28 Aug 2026

The devastating flash floods wreaked havoc across Nepal, with the ministry of external affairs on Thursday stating that 84 Indian nationals have been rescued while 290 remain uncontactable as the Himalayan nation stepped up search, rescue and relief operations following the disaster that has claimed more than 390 lives.

Man Arrested In Odisha Bank Loan Fraud Case

Man Arrested In Odisha Bank Loan Fraud Case

Rediff.com28 May 2026

The Economic Offences Wing (EOW) of Odisha Police has arrested another person from Bhubaneswar for his alleged involvement in a bank loan fraud case worth Rs 6.88 crore.

Why Women Remain Under-Represented In Cabinets

Why Women Remain Under-Represented In Cabinets

Rediff.com18 Aug 2026

Lack of women in Karnataka's new council of ministers has put the spotlight once again on women's under-representation in politics and policy.

Rayhan Thomas, Mahanth Chirravuri Make Strong Start At Korn Ferry Event

Rayhan Thomas, Mahanth Chirravuri Make Strong Start At Korn Ferry Event

Rediff.com21 Aug 2026

India's Rayhan Thomas and Indian-origin Mahanth Chirravuri delivered impressive opening rounds at the AdventHealth Championship, a key Korn Ferry Tour event. Thomas shot an 8-under 64, placing him fifth, while Chirravuri's 9-under 63 put him in fourth, both in strong contention.

Is Caste Census Only In Name?

Is Caste Census Only In Name?

Rediff.com15 Aug 2026

Opposition leaders have questioned how caste responses will be recorded without state-wise pre-prepared lists.

'UP Has Potential To Generate More Than 11 Million Jobs'

'UP Has Potential To Generate More Than 11 Million Jobs'

Rediff.com1 Sep 2026

'Improved law and order and transparent governance have helped change UP's investment image.'