Search results for 'State Bank of India'

RBI To Enhance Security For Prepaid Payment Instruments

RBI To Enhance Security For Prepaid Payment Instruments

Rediff.com22 Apr 2026

The Reserve Bank of India (RBI) has proposed several measures to develop a more conducive framework for the long-term growth of Prepaid Payment Instruments (PPIs), including enhanced transaction security and clearer rules on refunds and grievance redressal.

Sensex sinks below 82K; Nifty ended down 75 points

Sensex sinks below 82K; Nifty ended down 75 points

Rediff.com21 Jan 2026

Stock market benchmarks ended with losses for the third straight session on Wednesday as heightened geopolitical tensions, weak global peers and persistent foreign fund outflows unnerved investors.

Delhi Villages To Get Land Ownership Rights: What It Means

Delhi Villages To Get Land Ownership Rights: What It Means

Rediff.com20 Apr 2026

Residents of 31 villages in Delhi will soon receive ownership rights to their residential land within 'Lal Dora' limits, according to South Delhi BJP MP Ramvir Singh Bidhuri. Property cards will be issued to landowners, enabling them to secure bank loans.

Stock Markets Today: Sensex, Nifty50 End Marginally Higher In Volatile Trade

Stock Markets Today: Sensex, Nifty50 End Marginally Higher In Volatile Trade

Rediff.com25 Feb 2026

Indian equities on Dalal Street saw volatility. Track Sensex, Nifty50 movement and key market drivers for Feb 25, 2026.

Hampton Sky Realty Claims Innocence After Director's Arrest

Hampton Sky Realty Claims Innocence After Director's Arrest

Rediff.com9 May 2026

Hampton Sky Realty Limited, formerly directed by Punjab minister Sanjeev Arora, has issued a statement asserting its innocence and cooperation with authorities following the arrest of Arora in connection with a money laundering probe.

Indore Police Bust Investment Fraud Ring Operating From Cambodia

Indore Police Bust Investment Fraud Ring Operating From Cambodia

Rediff.com17 Apr 2026

Indore police have busted a gang involved in investment fraud, arresting five individuals and uncovering links to a WhatsApp account operated from Cambodia.

Stock Market Today: Sensex, Nifty50 Surge as US-Iran Tensions Ease

Stock Market Today: Sensex, Nifty50 Surge as US-Iran Tensions Ease

Rediff.com1 Apr 2026

Indian markets on Dalal Street rallied sharply as easing tensions in the US-Iran conflict and stable oil prices boosted sentiment. Track Nifty 50 and BSE Sensex performance and key global triggers.

Hand over Bangladeshi infiltrators to BSF, not courts, Suvendu tells police

Hand over Bangladeshi infiltrators to BSF, not courts, Suvendu tells police

Rediff.com21 May 2026

West Bengal Chief Minister Suvendu Adhikari announced that Bangladeshi infiltrators detained in the state will be directly handed over to the BSF for deportation, bypassing court appearances, following a new rule.

VB-G RAM G Act from July 1, MGNREGA to be repealed

VB-G RAM G Act from July 1, MGNREGA to be repealed

Rediff.com11 May 2026

The Centre has announced that the Viksit Bharat -- Guarantee for Rozgar and Ajeevika Mission (Gramin) Act will come into force across the country from July 1, replacing the Mahatma Gandhi National Rural Employment Guarantee Act.

RBI Simplifies E-Mandate Rules For Reissued Cards

RBI Simplifies E-Mandate Rules For Reissued Cards

Rediff.com21 Apr 2026

The Reserve Bank of India has updated its e-mandate framework, allowing card issuers to map existing mandates to reissued cards and clarifying rules around transaction limits and customer grievance redressal.

Two Arrested For Share Market Investment Fraud In Delhi

Two Arrested For Share Market Investment Fraud In Delhi

Rediff.com21 Apr 2026

Delhi Police have arrested two men from Gujarat for allegedly defrauding a Delhi resident of Rs 9.75 lakh under the guise of high-return share market investments.

CBI books Anil Ambani's RCOM for Rs 2,000-cr bank fraud

CBI books Anil Ambani's RCOM for Rs 2,000-cr bank fraud

Rediff.com23 Aug 2025

The Central Bureau of Investigation has filed a case against Reliance Communications and its promoter-director Anil Ambani, for an alleged bank fraud that caused a loss of over Rs 2,000 crore to State Bank of India, officials said on Saturday. The agency is carrying out searches at the residence of Anil Ambani and premises linked to RCOM in connection with the case, they said.

Why Are Educated People Falling For Digital Arrest Scams?

Why Are Educated People Falling For Digital Arrest Scams?

Rediff.com20 Apr 2026

Chief Justice of India expresses concern over the increasing number of digital arrest scams, highlighting a recent case where an elderly woman was defrauded of her retirement benefits.

Will FY27 Be The Year Of Equities?

Will FY27 Be The Year Of Equities?

Rediff.com3 Apr 2026

Fixed deposits from nationalised banks delivered higher returns than equities, outperforming both inflation and stock market benchmarks.

Stock Market Crash: Sensex plunges 1,690 pts, Nifty drops below 22,850

Stock Market Crash: Sensex plunges 1,690 pts, Nifty drops below 22,850

Rediff.com27 Mar 2026

Indian stock markets tumbled sharply with the Sensex falling 800 points and nearly 4 lakh crore wiped out in a single session. Here are the 6 key factors, including rupee weakness and global cues, behind the crash.

India's Young Women Face Employment Gap

India's Young Women Face Employment Gap

Rediff.com10 Mar 2026

'India cannot speak of a demographic dividend if half its young women are unable to participate in paid work.'

Three Arrested In Rs 1.6 Crore Digital Arrest Scam

Three Arrested In Rs 1.6 Crore Digital Arrest Scam

Rediff.com18 Apr 2026

The CBI has arrested three individuals, including an IndusInd Bank assistant manager, in connection with a Rs 1.6 crore "digital arrest" scam. The arrests followed searches in Telangana and Andhra Pradesh.

Key Myanmar Drug Trafficker Arrested In Delhi

Key Myanmar Drug Trafficker Arrested In Delhi

Rediff.com17 May 2026

The Narcotics Control Bureau (NCB) has arrested a major Myanmar-based drug trafficker in Delhi, who was a key supplier of methamphetamine and heroin. The arrest follows extensive surveillance and coordinated operations targeting transnational drug trafficking networks along the India-Myanmar border.

Nigerian Cyber Fraudster Busted For Posing As US, UK Citizens

Nigerian Cyber Fraudster Busted For Posing As US, UK Citizens

Rediff.com16 May 2026

A Nigerian national was arrested in Delhi by the Uttar Pradesh STF for allegedly creating fake profiles of US and UK citizens on social media and cheating victims on the pretext of sending expensive gifts and foreign currency.

Second-round effects of supply shocks a real concern, says RBI governor

Second-round effects of supply shocks a real concern, says RBI governor

Rediff.com21 Apr 2026

Reserve Bank of India (RBI) Governor Sanjay Malhotra stated that preventing second-round effects of supply shocks, where inflation expectations rise due to prolonged disruptions, is the primary role of monetary policy. He also defended the RBI's foreign exchange market interventions, asserting it did not commit to an 'indefensible peg'.

RBI may rationalise board norms, shift focus to strategy, policy

RBI may rationalise board norms, shift focus to strategy, policy

Rediff.com9 Apr 2026

The Reserve Bank of India (RBI) is set to revise its directives for bank boards, aiming to alleviate operational burdens and enable them to concentrate on crucial policy and strategic decision-making, thereby enhancing corporate governance in the Indian banking sector.

Ex-Official Accused Of Swiss Francs Scam Granted Bail

Ex-Official Accused Of Swiss Francs Scam Granted Bail

Rediff.com4 May 2026

A Delhi court granted bail to a former accounts officer accused of swindling more than 2 lakh Swiss francs from India's Permanent Mission in Geneva to fund his crypto-gambling ventures.

Stock Market Today March 6, 2026: Sensex, Nifty dive over 1% on boiling crude price

Stock Market Today March 6, 2026: Sensex, Nifty dive over 1% on boiling crude price

Rediff.com6 Mar 2026

Indian stock market benchmark indices Sensex and Nifty experienced a significant decline, driven by escalating tensions in the Middle East and rising crude oil prices.

Cyber Fraud Network Busted In Gujarat, Eight Arrested

Cyber Fraud Network Busted In Gujarat, Eight Arrested

Rediff.com22 Apr 2026

Gujarat police have arrested eight individuals for their alleged involvement in a cyber fraud network that handled transactions worth over Rs 288 crore. The arrests were made as part of 'Operation Mule Hunt 2.0', targeting organised cyber crime.

Modi's Austerity Push Faces Reality Test

Modi's Austerity Push Faces Reality Test

Rediff.com25 May 2026

Following through announcements with enforcement of measures is key, as a run through recent Indian economic history shows, points out A K Bhattacharya.

Airpay and MSCB Team Up to Expand Digital Payments in Maharashtra's Rural Co-operative Sector

Airpay and MSCB Team Up to Expand Digital Payments in Maharashtra's Rural Co-operative Sector

Rediff.com27 Mar 2026

Airpay Payment Services has partnered with Maharashtra State Co-operative Bank (MSCB) to enable UPI-based digital payments across the lender's network in Maharashtra, aiming to accelerate financial inclusion in rural areas.

International Cyber Fraud Racket Busted: Two Arrested in Delhi

International Cyber Fraud Racket Busted: Two Arrested in Delhi

Rediff.com9 Apr 2026

Two African nationals have been arrested in Delhi for their alleged involvement in an international cyber fraud racket that defrauded victims across multiple states of more than Rs 5 million.

Government To Expand Digital Food Subsidy Programme

Government To Expand Digital Food Subsidy Programme

Rediff.com3 May 2026

The government plans to expand its central bank digital currency (CBDC)-based food subsidy programme to Chandigarh, Dadra and Nagar Haveli, and Daman and Diu by June, following its implementation on a pilot basis in Gujarat and Puducherry, official sources said.

VB-G RAM G Act to replace MGNREGA: What Changes For Rural Workers

VB-G RAM G Act to replace MGNREGA: What Changes For Rural Workers

Rediff.com11 May 2026

The Indian government has announced the replacement of the Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA) with the Viksit Bharat Guarantee for Rozgar and Ajeevika Mission (Gramin), or VB-G RAM G Act, 2025, effective July 1. The new scheme aims to expand guaranteed wage employment and link it more closely with infrastructure development and climate resilience, but faces concerns from opposition parties and labour rights activists.

Sensex gains 398 points on easing of geopolitical tensions

Sensex gains 398 points on easing of geopolitical tensions

Rediff.com22 Jan 2026

Benchmark equity indices Sensex and Nifty rebounded on Thursday after three sessions of losses, tracking gains in global markets after US President Donald Trump struck a conciliatory tone on Greenland. In a volatile session, the 30-share BSE Sensex climbed 397.74 points, or 0.49 per cent, to close at 82,307.37.

How India's New Phygital Centre Aims to Transform Rural Life in Madhya Pradesh

How India's New Phygital Centre Aims to Transform Rural Life in Madhya Pradesh

Rediff.com15 Mar 2026

India has launched its first integrated phygital service centre in Umri village, Madhya Pradesh, aiming to provide online services and boost rural development through digital connectivity and various essential services.

Indian Weightlifters Aim High At Asian Championships

Indian Weightlifters Aim High At Asian Championships

Rediff.com10 May 2026

Indian weightlifters are set to compete in the Asian Championships, aiming to leverage home advantage and gain momentum for the upcoming Commonwealth and Asian Games.

Rupee falls 28 paise to 93.44 amid US-Iran talks uncertainty

Rupee falls 28 paise to 93.44 amid US-Iran talks uncertainty

Rediff.com21 Apr 2026

The Indian rupee depreciated by 28 paise to settle at 93.44 against the US dollar, influenced by ongoing uncertainties surrounding West Asia peace negotiations, volatile crude oil prices, and the Reserve Bank of India's recent adjustments to non-deliverable forward market regulations.

'We Need Petrol More Than Gold Right Now'

'We Need Petrol More Than Gold Right Now'

Rediff.com11 May 2026

'What exactly is on the prime minister's mind, we do not know. But it feels like the government wants the country to be prepared for unseen challenges ahead.'

Bank loan books report healthy growth in Q2

Bank loan books report healthy growth in Q2

Rediff.com31 Oct 2025

The pickup was driven partly by fresh corporate investment but more by higher working-capital demand.

Iran War May Push Markets Into Bear Cycle

Iran War May Push Markets Into Bear Cycle

Rediff.com14 May 2026

Markets face risk of a prolonged bear phase as oil shocks and geopolitical tensions test inflation, growth and investor confidence globally, points out Debashis Basu.

Ex-Official Accused Of Swiss Francs Scam Granted Bail: Here's Why

Ex-Official Accused Of Swiss Francs Scam Granted Bail: Here's Why

Rediff.com4 May 2026

A Delhi court granted bail to a former accounts officer accused of swindling more than 2 lakh Swiss francs from India's Permanent Mission in Geneva to fund his crypto-gambling ventures.

'Shivakumar Is The Richest Politician In The Country'

'Shivakumar Is The Richest Politician In The Country'

Rediff.com5 Jun 2026

'In the (election) affidavit, he had declared Rs 1,400 crores as his assets. He has educational institutions, real estate, malls, etc.'

Key Myanmar Drug Trafficker Arrested In Delhi

Key Myanmar Drug Trafficker Arrested In Delhi

Rediff.com17 May 2026

The Narcotics Control Bureau (NCB) has arrested a major Myanmar-based drug trafficker in Delhi, who was a key supplier of methamphetamine and heroin across the India-Myanmar border. The arrest follows extensive surveillance and investigations into transnational drug trafficking networks.

How Delhi Police Busted a Rs 300 Crore Cyber Fraud Syndicate

How Delhi Police Busted a Rs 300 Crore Cyber Fraud Syndicate

Rediff.com5 Apr 2026

Delhi Police have dismantled a major international cyber fraud syndicate, arresting the alleged mastermind and 10 others. The syndicate is linked to over 2,000 complaints and scams worth over Rs 300 crore, with connections to international cyber fraud operations in Cambodia.