Search results for 'Bank Z'

Pak rejects Indus Waters Treaty suspension, says still binding and operative

Pak rejects Indus Waters Treaty suspension, says still binding and operative

Rediff.com1 Jul 2026

Pakistan's Deputy Prime Minister Ishaq Dar stated that the Indus Waters Treaty remains valid and binding, rejecting India's decision to revoke it following a terror attack. He emphasised the treaty's role in regional peace and warned of "profound consequences" if Pakistan is deprived of its allocated waters. PPP chief Bilawal Bhutto Zardari also proposed an international convention against the weaponisation of waterways.

Why Did Atanu Chakraborty Quit HDFC Bank?

Why Did Atanu Chakraborty Quit HDFC Bank?

Rediff.com30 Mar 2026

'During the bank's board meeting, many directors asked him if there is a governance issue but he said there is none.'

FIFA World Cup: Rivalry and revenge -- the long, bitter relationship between England and Argentina

FIFA World Cup: Rivalry and revenge -- the long, bitter relationship between England and Argentina

Rediff.com14 Jul 2026

Argentina and England are set to clash in a World Cup semi-final, marking their first such encounter, a match deeply rooted in decades of historical and footballing rivalry, including infamous incidents involving Antonio Rattin, Diego Maradona's 'Hand of God' goal, and the Falklands War.

Haryana Suspends IAS Officers Amid IDFC Bank Fraud Investigation

Haryana Suspends IAS Officers Amid IDFC Bank Fraud Investigation

Rediff.com9 Apr 2026

The Haryana government has suspended two IAS officers, Ram Kumar Singh and Pardeep Kumar, in connection with an ongoing investigation into a Rs 590-crore fraud case involving IDFC First Bank.

How To Protect Yourself From Online Dark Patterns

How To Protect Yourself From Online Dark Patterns

Rediff.com29 Jun 2026

'Dark patterns exploit human psychology, cognitive biases, urgency, confusion, or lack of attention to increase revenue for digital platforms at the expense of consumer choice and transparency.'

India's Forex Reserves Decline by Nearly $10 Billion

India's Forex Reserves Decline by Nearly $10 Billion

Rediff.com19 Jun 2026

India's foreign exchange reserves saw a substantial decline of USD 9.985 billion, reaching USD 671.625 billion for the week ended June 12, primarily driven by a sharp decrease in gold reserves, according to the Reserve Bank of India (RBI).

Maharashtra plans Devabhau, Chhava taxis to take on Uber/Ola, activists cry foul

Maharashtra plans Devabhau, Chhava taxis to take on Uber/Ola, activists cry foul

Rediff.com16 Jun 2026

Maharashtra BJP MLC Pravin Darekar announced the launch of 'Devabhau' and 'Chhava' cooperative taxi services in Mumbai, aiming to counter private aggregators and benefit drivers directly, but the scheme has drawn sharp criticism from social activist Anjali Damania and the Opposition Congress over the proposed use of Mumbai Bank funds and its political branding.

Indian Equities Extend Gains as Crude Prices Ease, IT Stocks Surge

Indian Equities Extend Gains as Crude Prices Ease, IT Stocks Surge

Rediff.com2 Jul 2026

Indian stock market benchmark indices Sensex and Nifty closed nearly one per cent higher, extending their winning streak for a second day. This rally was driven by softening crude oil prices, positive geopolitical developments, and significant buying in blue-chip IT stocks, despite a broader global tech sell-off.

UPI Transactions See Monthly Dip But Annual Growth Remains Robust

UPI Transactions See Monthly Dip But Annual Growth Remains Robust

Rediff.com1 Jul 2026

Unified Payments Interface (UPI) transactions moderated slightly in June from a record high in May, reaching Rs 28.9 lakh crore. Despite a month-on-month decrease in volume, the daily average transactions hit a new high, indicating UPI's strong adoption for low-value payments. The platform also demonstrated significant annual growth and expanding international presence.

Stock Markets Today: Sensex, Nifty Flat Amidst Profit-Booking and Global Cues

Stock Markets Today: Sensex, Nifty Flat Amidst Profit-Booking and Global Cues

Rediff.com23 Jun 2026

Indian benchmark indices, Sensex and Nifty, experienced subdued trading and turned flat on Tuesday as investors engaged in profit-booking following a recent rally, compounded by weak Asian market trends and fresh foreign fund outflows.

Satluj Review: Brave Political Drama

Satluj Review: Brave Political Drama

Rediff.com6 Jul 2026

Satluj is a chilling reminder of what happens when a state is allowed to become judge, jury and executioner, asserts Sreeju Sudhakaran.

India climbs to 11th among top FDI destinations in 2025, UN report reveals

India climbs to 11th among top FDI destinations in 2025, UN report reveals

Rediff.com8 Jul 2026

India has significantly improved its position as a global foreign direct investment (FDI) destination, climbing two places to 11th in 2025, with inflows surging by nearly 44 per cent to $38.89 billion, according to the United Nations Conference on Trade and Development (Unctad) World Investment Report 2026.

Why FPI Selling Hasn't Hurt Markets

Why FPI Selling Hasn't Hurt Markets

Rediff.com13 Jul 2026

Foreign investors have largely been exiting one part of the market while domestic investors have been enthusiastically accumulating another, points out Debashis Basu.

Indian Equities Rebound as Oil Prices Soften, Global Cues Turn Positive

Indian Equities Rebound as Oil Prices Soften, Global Cues Turn Positive

Rediff.com22 Jun 2026

Indian stock markets, including the Sensex and Nifty, rebounded significantly, driven by a decline in crude oil prices and positive global cues stemming from hopes of diplomatic progress in US-Iran negotiations.

HDFC Bank Must Refund Fraud Victim, Rules Bombay High Court

HDFC Bank Must Refund Fraud Victim, Rules Bombay High Court

Rediff.com10 Apr 2026

The Bombay High Court has directed HDFC Bank to refund Rs 38 lakh to a Pune businessman who lost the amount in a digital fraud, citing the account holder's lack of fault and RBI guidelines on customer protection.

RBI Proposes AI Risk Management Framework

RBI Proposes AI Risk Management Framework

Rediff.com25 Jun 2026

Recognising the growing use of AI/ML models by regulated entities across business and decision-making processes, the RBI said weaknesses in governance, oversight, risk management, and controls could expose institutions to financial, operational, compliance, and reputational risks.

Q1 PSU Stake Sales Beat FY26 Divestment Total

Q1 PSU Stake Sales Beat FY26 Divestment Total

Rediff.com3 Jul 2026

Divestment has emerged as a priority for the government following a moderation in direct tax collections.

FIFA WC: Mbappe hugs Dembele as France prepare for Morocco

FIFA WC: Mbappe hugs Dembele as France prepare for Morocco

Rediff.com8 Jul 2026

Kylian Mbappe and Ousmane Dembele shared a warm embrace in France training ahead of the FIFA World Cup quarter-final against Morocco, easing rumours of tension as Les Bleus chase another semi-final appearance.

Stock Markets Today: Sensex, Nifty Rebound as Crude Prices Ease

Stock Markets Today: Sensex, Nifty Rebound as Crude Prices Ease

Rediff.com24 Jun 2026

Indian benchmark indices Sensex and Nifty rebounded in early trade, recovering from previous losses, driven by softening crude oil prices and renewed buying interest in blue-chip stocks. Analysts note that the fall in Brent crude below USD 77 has removed significant macro headwinds for India, contributing to market stability.

FPIs Invest 55,518 Crore In June

FPIs Invest 55,518 Crore In June

Rediff.com1 Jul 2026

...exceeding their 49,340 crore equity selloff.

RBI introduces new business correspondent norms to expand banking access

RBI introduces new business correspondent norms to expand banking access

Rediff.com7 Apr 2026

The Reserve Bank of India (RBI) has unveiled draft norms for branch authorisation and business correspondents (BCs), introducing a two-tiered classification for BCs and redefining 'banking outlets' to include BC-Banking Outlets (BC-BOs), aiming to expand formal banking presence, particularly in rural areas.

Yes Bank's Q4 net profit jumps 45%, signalling end of recovery phase

Yes Bank's Q4 net profit jumps 45%, signalling end of recovery phase

Rediff.com18 Apr 2026

Private sector lender Yes Bank reported a 45 per cent increase in its March quarter net profit to Rs 1,068 crore, with its new managing director and CEO, Vinay M. Tonse, signalling the end of its over six-year-long recovery phase and a readiness to align loan growth with the broader banking sector.

SBI Funds Management IPO: Why the 'moderate' valuation and what's next?

SBI Funds Management IPO: Why the 'moderate' valuation and what's next?

Rediff.com10 Jul 2026

SBI Funds Management, India's largest asset management company, has set its IPO price band between 545 and Rs 574 per share, valuing the company at 1.2 trillion. The management explained the 'moderate' valuation aims to instil investor confidence amidst market uncertainty, while also highlighting plans for AI integration, expansion into GIFT City, and new alternative investment funds.

'Only one Shiv Sena exists': Shah's dig at Uddhav

'Only one Shiv Sena exists': Shah's dig at Uddhav

Rediff.com20 Jun 2026

Union Home Minister Amit Shah criticised Shiv Sena (UBT) chief Uddhav Thackeray, accusing him of aligning with Congress to use infiltrators as a vote bank. Shah asserted that India is not a "dharmashala" and vowed to expel all infiltrators. He also commented on the impending split within the Sena (UBT), stating that Eknath Shinde now leads the only true Shiv Sena.

Macro, AI, Geopolitical Overhang to Drag Q1 Showing of IT Cos: Motilal Oswal

Macro, AI, Geopolitical Overhang to Drag Q1 Showing of IT Cos: Motilal Oswal

Rediff.com1 Jul 2026

Indian IT services firms are expected to report a soft Q1 FY27 performance due to a challenging macro environment, the impact of AI, and geopolitical uncertainties, leading to reduced discretionary spending and slower decision-making cycles, according to Motilal Oswal Financial Services.

Delhi Hotel Receptionist Held For Stealing Guest's Phone, Rs 1.1 Lakh Fraud

Delhi Hotel Receptionist Held For Stealing Guest's Phone, Rs 1.1 Lakh Fraud

Rediff.com12 Jun 2026

A 20-year-old hotel receptionist in Delhi has been arrested for allegedly stealing a guest's mobile phone and fraudulently transferring Rs 1.10 lakh from his bank account using IMPS transactions. Police have recovered the stolen phone and frozen a significant portion of the stolen amount.

Fresh blow to Mamata: TMC's Rs 675-cr war chest becomes new battleground

Fresh blow to Mamata: TMC's Rs 675-cr war chest becomes new battleground

Rediff.com18 Jun 2026

The internecine war within the Trinamool Congress took a new turn on Thursday with "party treasurer" Aroop Biswas writing to a bank seeking restrictions on the operation of the party's accounts, citing uncertainty over its legitimate leadership amid rebellions by MLAs and MPs.

Stock Markets Today: Sensex, Nifty Gain As Crude Prices Fall, Buying In Blue-chips

Stock Markets Today: Sensex, Nifty Gain As Crude Prices Fall, Buying In Blue-chips

Rediff.com22 Jun 2026

Indian stock market benchmark indices Sensex and Nifty rebounded in early trade, driven by a decline in crude oil prices, supportive global cues, fresh foreign fund inflows, and buying in blue-chips like Reliance Industries and HDFC Bank. Track Sensex, Nifty movement on June 22, 2026.

Gujarat Police Uncovers Rs 310 Crore Cyber Fraud Racket

Gujarat Police Uncovers Rs 310 Crore Cyber Fraud Racket

Rediff.com14 Jun 2026

Gujarat's Gir Somnath police have busted a massive cyber fraud racket involving over Rs 310 crore in suspicious transactions through mule bank accounts, arresting five individuals. This operation, part of the state-wide "Operation Mule Hunt 2.0," is considered the district's largest cybercrime case to date, aiming to recover victims' money and curb illegal account rentals.

Actor Rajpal Yadav gets 3 months jail in cheque-bounce cases

Actor Rajpal Yadav gets 3 months jail in cheque-bounce cases

Rediff.com10 Jul 2026

The Delhi High Court has upheld actor Rajpal Yadav's conviction in multiple cheque-bounce cases, sentencing him to three months' imprisonment and ordering him to pay over Rs 1 crore to the complainant in each of the seven complaints, with Rs 2 crore already paid to be adjusted.

India's FY27 growth may slow to 6.6%: S&PGlobal

India's FY27 growth may slow to 6.6%: S&PGlobal

Rediff.com25 Jun 2026

S&P Global Ratings projects India's economic growth to slow to 6.6 per cent in FY27, down from 7.7 per cent in FY26, citing energy stress and a potential sub-par monsoon.

Why Is RBI Buying Billions Of Dollars?

Why Is RBI Buying Billions Of Dollars?

Rediff.com19 Jun 2026

The rupee has been among the The RBI uses the Iran-US peace deal to bolster its forex reserves.

Atanu Chakraborty Flags Governance Gaps at HDFC Bank

Atanu Chakraborty Flags Governance Gaps at HDFC Bank

Rediff.com31 Mar 2026

'My resignation is a larger governance and governance-plus kind of an issue, which the board of directors of the bank should be introspecting.'

Ex-PM IK Gujral's son Naresh duped of Rs 7.8 cr in cyber scam

Ex-PM IK Gujral's son Naresh duped of Rs 7.8 cr in cyber scam

Rediff.com18 Jun 2026

Former Rajya Sabha MP Naresh Gujral was allegedly duped of Rs 7.8 crore after cyber fraudsters impersonated him on a messaging app and tricked his company's chief financial officer into transferring funds to multiple bank accounts, the police said on Thursday.

Centre Mandates Periodic Renewal Of Fertility Clinics Registration

Centre Mandates Periodic Renewal Of Fertility Clinics Registration

Rediff.com25 Jun 2026

The move is to strengthen oversight, improve compliance, and boost patient confidence.

Women Cash Schemes Boost Savings, Spending

Women Cash Schemes Boost Savings, Spending

Rediff.com8 Jul 2026

15 states have rolled out unconditional cash transfer schemes for women, with an estimated annual outlay of around Rs 1.7 trillion covering nearly 120 million beneficiaries.

MP Congress MLA disqualified after bank fraud conviction

MP Congress MLA disqualified after bank fraud conviction

Rediff.com4 Apr 2026

Madhya Pradesh Congress MLA Rajendra Bharti has been disqualified from the state legislative assembly after being convicted in a bank fraud case involving the tampering of bank records. The disqualification has sparked a political row, with the Congress party alleging a violation of democratic process.

Sensex, Nifty drop over 1% as global cues, FII outflows trigger market tailspin

Sensex, Nifty drop over 1% as global cues, FII outflows trigger market tailspin

Rediff.com23 Jun 2026

Indian benchmark indices, Sensex and Nifty, experienced a significant drop of over 1 per cent, driven by a bearish trend in global markets, weakness in HDFC Bank and IT firms, and fresh foreign fund outflows.

Delhi bank staff held over cyber fraud targeting retired doctor

Delhi bank staff held over cyber fraud targeting retired doctor

Rediff.com15 Apr 2026

A Delhi court has granted transit remand to Telangana Police for two Delhi-based bank employees arrested in connection with a cyber fraud targeting a retired doctor in Hyderabad.

The Baramati Meeting I Never Forgot

The Baramati Meeting I Never Forgot

Rediff.com7 Jul 2026

I had gone to Baramati to ask about loans. I came back having done a small, accidental good.