Search results for 'New Bank'

India's Top 100 Brands Hit $253 Billion

India's Top 100 Brands Hit $253 Billion

Rediff.com15 Jul 2026

LIC is the only brand in the Brand Finance India 100 2026 report that has a top five rank in both brand value and brand strength.

Mizoram Shuts Schools, Offices Half-Day For FIFA Final

Mizoram Shuts Schools, Offices Half-Day For FIFA Final

Rediff.com19 Jul 2026

Mizoram has declared a full holiday for educational institutions and a half-day for government offices to allow residents to watch the FIFA World Cup final. Chief Minister Lalduhoma highlighted the state's passion for football and the importance of the sport to its youth.

Why Such Fuss About Tata Sons Listing!

Why Such Fuss About Tata Sons Listing!

Rediff.com14 Jul 2026

In essence, Tata Sons will continue to be a CIC, whether registered or unregistered. It will have to follow the 90:60 principle.
If it qualifies as belonging to the upper layer, public listing will be one of the regulatory requirements. However, if it qualifies as 'unregistered CIC', it will escape from prudential regulation, explains Tamal Bandyopadhyay.

Temasek looks to cash in on IPL boom as investor race heats up

Temasek looks to cash in on IPL boom as investor race heats up

Rediff.com22 Jul 2026

Temasek is exploring investment opportunities in India's booming IPL cricket league, a senior executive told Reuters, making the Singapore state investor the latest player to target one of the world's richest sports tournaments.

I-T portal 'largely stable' despite peak load, Infosys penalised for delays

I-T portal 'largely stable' despite peak load, Infosys penalised for delays

Rediff.com21 Jul 2026

The Indian government has informed the Lok Sabha that the income-tax return (ITR) e-filing portal is functioning in a 'largely stable and efficient manner' despite a significant increase in traffic during the peak filing season. However, it acknowledged transient technical issues and disclosed that contractual penalties have been imposed on Infosys for project delays and service-level agreement failures.

Can Prashant Kishor Pull Off The Impossible In Bankipur?

Can Prashant Kishor Pull Off The Impossible In Bankipur?

Rediff.com7 days ago

The Bankipur assembly bypoll is a high-stakes electoral debut for Jan Suraaj Party founder Prashant Kishor as he challenges the BJP in a constituency that has been a BJP stronghold for nearly two decades.

Have Foreign Assets? View Details In AIS

Have Foreign Assets? View Details In AIS

Rediff.com17 Jul 2026

The data may include details of foreign bank accounts, investment accounts, certain financial investments, interest income, dividends and other specified financial income held by Indian tax residents abroad.

India's Forex Reserves Jump by $7.26 Billion to $674.19 Billion

India's Forex Reserves Jump by $7.26 Billion to $674.19 Billion

Rediff.com10 Jul 2026

India's foreign exchange reserves increased by USD 7.26 billion to USD 674.193 billion for the week ending July 3, as reported by the Reserve Bank of India. This surge follows a previous week's drop and comes after Prime Minister Narendra Modi's appeals to conserve forex.

Self-Styled Godman Extorted Crores Via Bank Accounts: ED

Self-Styled Godman Extorted Crores Via Bank Accounts: ED

Rediff.com20 May 2026

The Enforcement Directorate (ED) has arrested self-styled godman Ashok Kharat, accusing him of systematic extortion and money laundering through a network of bank accounts. Kharat allegedly rotated over Rs 47 crore of ill-gotten money through 60 bank accounts, deceiving devotees by claiming divine powers.

Former India spinner Rajesh Chauhan booked in transport contract fraud case

Former India spinner Rajesh Chauhan booked in transport contract fraud case

Rediff.com25 Jul 2026

Former India cricketer Rajesh Chauhan has been booked for allegedly cheating a man of over Rs 15 lakh by promising a transport contract with a steel company, a case registered on court orders under Section 316(2) of the Bharatiya Nyay Sanhita.

Public Sector Banks Face Boardroom Vacancies

Public Sector Banks Face Boardroom Vacancies

Rediff.com6 May 2026

In the draft norms issued last month, the RBI said that the ultimate responsibility for the bank's performance, conduct and control rests with the Board

Indian Equities Rally: Banks Lead as Global Trends Boost Market Sentiment

Indian Equities Rally: Banks Lead as Global Trends Boost Market Sentiment

Rediff.com22 May 2026

Indian stock market benchmark indices closed higher, driven by strong performance in blue-chip bank shares and a positive trend in global markets, with hopes of progress in US-Iran peace negotiations also contributing to optimism.

Indian Markets Rally for Second Day, Sensex Jumps Over 800 Points

Indian Markets Rally for Second Day, Sensex Jumps Over 800 Points

Rediff.com10 Jul 2026

Indian benchmark indices Sensex and Nifty continued their upward trend for a second consecutive day, with the Sensex gaining over 800 points, driven by strong performances from heavyweights like Reliance Industries, ICICI Bank, and HDFC Bank, alongside positive cues from easing crude oil prices and robust IT sector earnings.

Bank Of Baroda Employee Arrested For Stealing From RBI Currency Chest

Bank Of Baroda Employee Arrested For Stealing From RBI Currency Chest

Rediff.com24 May 2026

A Bank of Baroda employee in Ahmedabad has been arrested for allegedly stealing Rs 8.7 crore from an RBI currency chest and laundering the money into properties and cryptocurrency.

Gen Z Protests: 'Biggest Blow Has Been To The Prime Minister'

Gen Z Protests: 'Biggest Blow Has Been To The Prime Minister'

Rediff.com5 days ago

'After more than 12 years in power, he has been forced to retreat under public pressure. The education minister's resignation is the biggest political climbdown of his government so far.'

Why Wipro's Q1 Net Profit Was Flat

Why Wipro's Q1 Net Profit Was Flat

Rediff.com18 Jul 2026

Wipro's net profit in the first quarter saw minimal growth, rising less than one per cent to 3,352 crore, while revenue increased by 10.6 per cent to 24,480 crore. The IT services segment, a key metric, grew by only one per cent year-on-year, falling short of analyst estimates amidst a challenging demand environment and longer decision cycles from clients.

10 years in jail, Rs 50 lakh fine: Govt tables new paper leak bill

10 years in jail, Rs 50 lakh fine: Govt tables new paper leak bill

Rediff.com27 Jul 2026

Amidst widespread student protests over the NEET paper leak, the Indian government has introduced the Public Examinations (Prevention of Unfair Means) Amendment Bill, 2026, in the Lok Sabha. The bill proposes significantly stricter punishments, including jail terms of up to 10 years and fines of up to Rs 50 lakh for individuals involved in paper leaks, and up to Rs 10 crore for organised crimes, aiming to enhance transparency and fairness in public examinations.

Why Delhi Court Acquitted Five In 2018 Bank Dacoity Case

Why Delhi Court Acquitted Five In 2018 Bank Dacoity Case

Rediff.com22 May 2026

A Delhi court acquitted five men accused in a 2018 dacoity-cum-murder case at a Corporation Bank branch, citing the prosecution's failure to establish their involvement beyond a reasonable doubt. Key eyewitnesses and bank staff could not identify the accused during the trial.

12 dead, several missing as flash floods, landslides hit Poonch, Rajouri

12 dead, several missing as flash floods, landslides hit Poonch, Rajouri

Rediff.com19 Jul 2026

Incessant overnight rainfall has triggered severe flash floods and landslides in Jammu and Kashmir's Poonch and Rajouri districts, resulting in at least eight fatalities and six people missing, prompting Chief Minister Omar Abdullah to cut short his Delhi visit to personally monitor the situation.

Time To Make India Attractive To Foreign Capital

Time To Make India Attractive To Foreign Capital

Rediff.com22 Jul 2026

That means making it easier to invest, protecting investors through predictable rules, and avoiding policy reversals after investments have been made, notes Rajeswari Sengupta.

'India is among Standard Chartered's top five wealth markets globally'

'India is among Standard Chartered's top five wealth markets globally'

Rediff.com6 Jul 2026

"With the leverage available, I believe the scheme remains reasonably attractive," said P D Singh, India and South Asia Chief Executive Officer, Standard Chartered Bank, regarding the Foreign Currency Non-Resident (Bank) or FCNR (B) deposits.

ED raids 5 Kolkata locations in TMC plane, helicopter funding probe

ED raids 5 Kolkata locations in TMC plane, helicopter funding probe

Rediff.com8 Jul 2026

The Enforcement Directorate conducted searches in Kolkata as part of an investigation into alleged fund routing from TMC's bank accounts for purchasing an Embraer jet and an AgustaWestland helicopter. The probe suggests Rs 160 crore was transferred to Carewell Aviation, with Rs 112 crore used for aircraft. The ED suspects the arrangement was designed to camouflage the true purpose of transactions. This comes amidst frozen TMC bank accounts and ongoing internal party disputes.

Haryana Government Approves CBI Probe Into Bank Fraud Case

Haryana Government Approves CBI Probe Into Bank Fraud Case

Rediff.com15 May 2026

The Haryana government has authorised the CBI to investigate the alleged involvement of five IAS officers in a Rs 590-crore fraud case involving IDFC First Bank. The CBI can now summon the officers for questioning.

HDFC Bank, ICICI Bank: Solid Q4, split outlook

HDFC Bank, ICICI Bank: Solid Q4, split outlook

Rediff.com21 Apr 2026

Analysts have largely maintained a bullish outlook on HDFC Bank and ICICI Bank following their Q4FY26 results, though their perspectives on future growth drivers differ. HDFC Bank's near-term performance is tied to accelerating loan growth, while ICICI Bank is seen as a strong candidate for a valuation rerating.

NBFCs drive India's securitisation market to record Rs 60,000 crore in Q1

NBFCs drive India's securitisation market to record Rs 60,000 crore in Q1

Rediff.com7 Jul 2026

India's securitisation market achieved its highest-ever first-quarter performance, reaching approximately 60,000 crore, a 22 per cent year-on-year increase, primarily driven by Non-banking financial companies (NBFCs) and a significant surge in gold loan securitisation.

RBI's New Capital Exposure Norms Trigger Drop in Trading Volumes

RBI's New Capital Exposure Norms Trigger Drop in Trading Volumes

Rediff.com7 Jul 2026

New capital exposure norms implemented by the Reserve Bank of India (RBI) from July 1 have led to a noticeable drop in trading volumes, with Multi-Commodity Exchange (MCX) options premium ADTV falling by nearly 40 per cent in early July.

Haryana Government Approves CBI Probe Into Bank Fraud Case

Haryana Government Approves CBI Probe Into Bank Fraud Case

Rediff.com16 May 2026

The Haryana government has authorised the CBI to investigate the alleged involvement of five IAS officers in a Rs 590-crore fraud case involving IDFC First Bank. The CBI can now summon the officers for questioning.

Bangladesh pushes for India cricket tour in September to revive ties

Bangladesh pushes for India cricket tour in September to revive ties

Rediff.com21 Jul 2026

Bangladesh is actively pursuing a cricket series against India in September, utilising sports diplomacy to mend strained bilateral ties following a controversy involving Mustafizur Rahman and Bangladesh's subsequent T20 World Cup boycott.

Ram Temple theft: Police trace accuseds' money trail to land deals, new homes

Ram Temple theft: Police trace accuseds' money trail to land deals, new homes

Rediff.com11 Jul 2026

The police investigating the "embezzlement" of donations at the Ram temple in Ayodhya have scrutinised the bank accounts of relatives of the eight arrested accused as they seek to establish the money trail behind the alleged diversion of funds, sources said on Friday.

Ahead Of Spider-Man: Brand New Day, Every Spider-Man Film Ranked

Ahead Of Spider-Man: Brand New Day, Every Spider-Man Film Ranked

Rediff.com6 days ago

Ahead of Spider-Man: Brand New Day, we rank every live-action Spider-Man movie from the critically acclaimed Spider-Man 2 to the less successful The Amazing Spider-Man 2.

Bill to expedite paper leak trials to be tabled in Parliament

Bill to expedite paper leak trials to be tabled in Parliament

Rediff.com25 Jul 2026

India is set to introduce a new amendment to its anti-paper leak law in the Lok Sabha, aiming to establish fast-track courts across all states and union territories for swift trials and significantly harsher penalties for exam malpractices, including jail terms of 5 to 10 years and fines up to Rs 50 lakh for individuals, and up to Rs 10 crore for organised crimes.

RBI Simplifies Outward Remittance Rules For Non-Bank Entities

RBI Simplifies Outward Remittance Rules For Non-Bank Entities

Rediff.com13 May 2026

The Reserve Bank of India (RBI) has removed the prior approval requirement for non-bank entities to form tie-up arrangements for facilitating outward remittance services through banks in India, aiming to streamline the process and enhance efficiency.

Acer Aspire 3 (2026): 7 Things To Know

Acer Aspire 3 (2026): 7 Things To Know

Rediff.com20 Jul 2026

The Acer Aspire 3 (2026) is now available in India through Flipkart in 11.6-inch and 15.6-inch display variants.

CBI Raids Multiple Locations In Haryana Bank Scam Case

CBI Raids Multiple Locations In Haryana Bank Scam Case

Rediff.com15 May 2026

The Central Bureau of Investigation (CBI) conducted searches at multiple locations in Chandigarh and Panchkula in connection with a Haryana bank scam case and seized financial records and digital evidence linked to the alleged fraud.

Rajan, Chetty Join US Fed Task Forces

Rajan, Chetty Join US Fed Task Forces

Rediff.com11 Jul 2026

US Federal Reserve Chairman Kevin Warsh has picked former RBI governor Raghuram Rajan, Harvard University economics Professor Raj Chetty and Microsoft XBOX CEO Asha Sharma to be part of task forces constituted to examine the central bank's approach to monetary policy and propose transformational changes.

New EPF Rules Every Employee Must Know

New EPF Rules Every Employee Must Know

Rediff.com22 Jul 2026

The EPF should remain a retirement nest egg, not be turned into an emergency fund.

Stock Markets Today: Sensex, Nifty Slump on West Asia Tensions, Oil Price Rise

Stock Markets Today: Sensex, Nifty Slump on West Asia Tensions, Oil Price Rise

Rediff.com13 Jul 2026

Indian benchmark indices Sensex and Nifty experienced a significant slump in early trade, driven by escalating tensions in West Asia and a sharp rise in crude oil prices, alongside a bearish trend in other Asian markets.

SBI Funds Management IPO Sees Full Subscription on Second Day

SBI Funds Management IPO Sees Full Subscription on Second Day

Rediff.com15 Jul 2026

The initial public offer (IPO) of SBI Funds Management Ltd was fully subscribed on the second day of bidding, receiving bids for 1.17 times the shares on offer, with strong interest from non-institutional investors and anchor investors.

How Paytm's AI And App Simplification Are Fueling UPI Growth And Attracting Gen Z

How Paytm's AI And App Simplification Are Fueling UPI Growth And Attracting Gen Z

Rediff.com23 Jul 2026

Mobile payments pioneer Paytm reported significant growth in its UPI payments business for Q1 FY27, driven by app simplification, AI investments, and a focus on attracting Gen Z customers. The company saw a 45% year-on-year increase in Consumer UPI Gross Transaction Value and a rise of 60 lakh in Monthly Transacting Users, outpacing the industry. Paytm's strategy prioritises customer retention and product innovation, leading to a profitable quarter with strong revenue and EBITDA growth, further supported by AI-led operational efficiencies and an India-focused language model.

Bira 91 Founder Ankur Jain Exits Board, Executive Roles Following Settlement

Bira 91 Founder Ankur Jain Exits Board, Executive Roles Following Settlement

Rediff.com22 Jul 2026

Bira 91 founder Ankur Jain and his family have stepped down from the board and executive positions of B9 Beverages, the parent company, after reaching a settlement with the craft beer maker's lenders and investors.