Search results for 'State Bank'

'We have let Pakistan...': Sonia slams Modi govt's 'stony silence' on Gaza 'genocide'

'We have let Pakistan...': Sonia slams Modi govt's 'stony silence' on Gaza 'genocide'

Rediff.com27 Jun 2026

Sonia Gandhi criticised PM Modi's Israel visit, calling it a "bewildering strategic decision" amid the regional conflict.

Inflation, weak rupee drag Indian markets lower; fuel price hike adds to concerns

Inflation, weak rupee drag Indian markets lower; fuel price hike adds to concerns

Rediff.com15 May 2026

Indian benchmark equity indices, Sensex and Nifty, closed lower due to investor caution over rising bond yields, a weaker rupee, and fresh fuel price hikes, which have revived inflation concerns.

Another Arrest Made In Haryana Government Embezzlement Case

Another Arrest Made In Haryana Government Embezzlement Case

Rediff.com1 Jun 2026

The Enforcement Directorate (ED) has arrested a real estate businessman in connection with the alleged embezzlement of Rs 645 crore from bank accounts linked to the Haryana government, Chandigarh administration, and private schools.

SC asks CBI, ED to conduct 'fair, time-bound' probe into Anil Ambani Group banking fraud

SC asks CBI, ED to conduct 'fair, time-bound' probe into Anil Ambani Group banking fraud

Rediff.com23 Mar 2026

The Supreme Court has ordered a 'fair, dispassionate, transparent, and time-bound' investigation by the CBI and ED into the Anil Dhirubhai Ambani Group, addressing concerns over alleged large-scale banking fraud and demanding accountability.

Razorpay Confidentially Files Draft IPO Documents With SEBI

Razorpay Confidentially Files Draft IPO Documents With SEBI

Rediff.com15 Jun 2026

Fintech unicorn Razorpay has confidentially filed draft documents with SEBI for an Initial Public Offering, with market sources estimating the issue size between Rs 5,000-6,000 crore. This move comes as a rival firm, PhonePe, has paused its IPO plans.

Rs 92 cr via foreign cards: US group, 6 others booked under UAPA in K'taka

Rs 92 cr via foreign cards: US group, 6 others booked under UAPA in K'taka

Rediff.com14 Jun 2026

A case has been registered against a US-based organisation and six others after the Enforcement Directorate lodged a complaint alleging illegal utilisation of foreign funds through a network of foreign debit cards, including in Left Wing Extremism (LWE)-affected areas of the country.

RBI Achieves Near-Perfect Application Processing Rate

RBI Achieves Near-Perfect Application Processing Rate

Rediff.com1 Jun 2026

The Reserve Bank of India (RBI) announced that it processed 99.9 per cent of applications within the prescribed timeline under its Citizen's Charter in May 2026. The central bank handled 18,763 applications, showcasing efficient processing across various functions.

How A DRDO Employee Lost Rs 15 Lakh In An Online Investment Scam

How A DRDO Employee Lost Rs 15 Lakh In An Online Investment Scam

Rediff.com11 Jun 2026

A DRDO employee in New Delhi was defrauded of over Rs 15 lakh in a sophisticated online investment scam involving fake work-from-home tasks and promises of high returns. Police have arrested three individuals from Haryana and Rajasthan who played different roles in facilitating the movement of the illicit funds, with further investigation ongoing.

Tender Scam Blows Lid Off Bihar Corruption

Tender Scam Blows Lid Off Bihar Corruption

Rediff.com19 Jun 2026

'As the Bihar government's focus is on development and infrastructure projects worth thousands of crores, Rishu Sinha created a network to pay a decent commission to government officials for securing tenders.'

Four Sentenced in Bank of India Forged Letter of Credit Case

Four Sentenced in Bank of India Forged Letter of Credit Case

Rediff.com18 Mar 2026

A special CBI court in Mumbai has sentenced four individuals to imprisonment for their involvement in a 2012 case where the Bank of India suffered a loss of over Rs 3 crore due to a forged Letter of Credit.

Taylor Swift-Travis Kelce's NYC Wedding: All The Details

Taylor Swift-Travis Kelce's NYC Wedding: All The Details

Rediff.com3 Jul 2026

Singer Taylor Swift and NFL player Travis Kelce are reportedly already married after a private ceremony, with their grand Madison Square Garden celebration now underway.

Duo Arrested In Jharkhand For Palghar Collector Impersonation Scam

Duo Arrested In Jharkhand For Palghar Collector Impersonation Scam

Rediff.com13 Jun 2026

Two individuals have been arrested in Dhanbad, Jharkhand, for allegedly creating a fake social media account in the name of the Palghar district collector and defrauding a local resident of Rs 50,000. Police successfully recovered the entire amount.

ED quizzes TMC MP Abhishek for over 11 hours in school jobs scam case

ED quizzes TMC MP Abhishek for over 11 hours in school jobs scam case

Rediff.com16 Jun 2026

Trinamool Congress national general secretary Abhishek Banerjee is undergoing interrogation by the Enforcement Directorate in connection with the alleged primary school recruitment scam. The ED is focusing on the money trail, financial documents, and statements from other accused, following a prior questioning session by the state CID on a separate forgery case.

How Gujarat Police Cracked Down On Cyber Fraud

How Gujarat Police Cracked Down On Cyber Fraud

Rediff.com1 Jun 2026

Gujarat police have uncovered cyber frauds worth Rs 2,289 crore and arrested 638 individuals as part of 'Operation Mule Account 1.0', a state-wide crackdown on online criminals launched in 2025.

HDFC Bank Shares Tumble 7.5%, Rs 1 Trn Mcap Wiped Out

HDFC Bank Shares Tumble 7.5%, Rs 1 Trn Mcap Wiped Out

Rediff.com21 Mar 2026

Governance uncertainty and leadership visibility gap are likely to keep the stock under pressure in the near term, said Nomura in a report.

MP Man Held In Multi-Crore Amity University Fraud Case

MP Man Held In Multi-Crore Amity University Fraud Case

Rediff.com30 May 2026

Delhi Police have arrested a man from Madhya Pradesh in connection with a multi-crore bank fraud case involving forged cheques and fraudulent withdrawal of funds from an Amity University account.

'We will go to war': Pak threatens India amid water crisis

'We will go to war': Pak threatens India amid water crisis

Rediff.com22 Jun 2026

Pakistan's Defence Minister Khawaja Asif has issued a war threat against India, citing water security as a national concern. This comes as Pakistan grapples with a severe internal water crisis, attributed by experts to mismanagement, and India maintains its suspension of the Indus Waters Treaty following a terror attack. Asif accused India of "weaponising water" but admitted to lacking current data on the situation.

Crude falls back to Feb levels: What is stopping a fuel price cut?

Crude falls back to Feb levels: What is stopping a fuel price cut?

Rediff.com25 Jun 2026

Global oil prices fell on Thursday to their lowest levels since before the outbreak of the Iran conflict, offering a significant economic tailwind for India, the world's third-largest crude importer, by easing inflation risks, reducing the import bill and improving the government's fiscal position.

Illegal Call Centre Busted In Goa, 26 Arrested

Illegal Call Centre Busted In Goa, 26 Arrested

Rediff.com29 May 2026

Goa Police dismantled an illegal call centre in Verna Industrial Estate, arresting 26 individuals for allegedly defrauding US citizens by posing as bank employees.

IDFC First Bank Rs 590-crore fraud: 4 people arrested

IDFC First Bank Rs 590-crore fraud: 4 people arrested

Rediff.com25 Feb 2026

The Anti-Corruption Bureau registered an FIR, while the state government constituted a committee to examine the fraud.

How Bhubaneswar Police Uncovered A Digital Escort Service Fraud

How Bhubaneswar Police Uncovered A Digital Escort Service Fraud

Rediff.com14 Jun 2026

Bhubaneswar police have busted a fraudulent digital escort service racket, arresting four individuals for allegedly misusing women's photographs on social media and cheating customers through online payments. The investigation, initiated by a woman's complaint, led to the seizure of digital evidence and a public advisory against such scams.

Stock Markets Edge Higher, IT Sector Shines Amid Volatility

Stock Markets Edge Higher, IT Sector Shines Amid Volatility

Rediff.com18 May 2026

Indian benchmark indices, Sensex and Nifty, closed marginally higher after a volatile trading session, driven by value buying in IT and select blue-chip counters, despite global crude price hikes and a weak rupee.

Sensex up 174 points on gains in bank, IT stocks

Sensex up 174 points on gains in bank, IT stocks

Rediff.com17 Feb 2026

Stock markets closed higher for the second straight session on Tuesday, driven by gains in bank, IT and capital goods shares.

Want OpenAI Shares? Read This First

Want OpenAI Shares? Read This First

Rediff.com17 Jun 2026

Investors should do thorough due diligence when selecting a platform.

Trio Booked For Cheating Tribal Farmer Of Land Compensation

Trio Booked For Cheating Tribal Farmer Of Land Compensation

Rediff.com28 May 2026

Police have registered a case against three persons for allegedly cheating a tribal farmer of Rs 50.27 lakh by fraudulently withdrawing part of his land compensation for the Vadhvan Port project in Maharashtra's Palghar district, officials said on Thursday.

IPL Betting Racket Busted In Indore; Eight Arrested

IPL Betting Racket Busted In Indore; Eight Arrested

Rediff.com27 May 2026

Indore police busted a gang allegedly involved in online betting on Indian Premier League (IPL) matches, arresting eight individuals, including an IT professional and a bank official.

Banking system liquidity surplus shrinks to Rs 16,875 cr, lowest since Jan 22

Banking system liquidity surplus shrinks to Rs 16,875 cr, lowest since Jan 22

Rediff.com22 Mar 2026

The net liquidity surplus in the banking system fell to Rs 16,875 crore on Thursday the latest data by the Reserve Bank of India (RBI) showed, lowest since 22 January.

Yes Bank Introduces Exclusive Salary Account for Working Women

Yes Bank Introduces Exclusive Salary Account for Working Women

Rediff.com5 Mar 2026

Yes Bank has launched a salary account designed for working women, offering financial protection, healthcare benefits, lifestyle privileges, and wealth-creation opportunities.

Overseas Education Loans Get Riskier

Overseas Education Loans Get Riskier

Rediff.com8 Jun 2026

Students and families must stress test repayment capacity based on Indian salary standards.

India And Nepal Launch UPI-NPI Linkage For Seamless Cross-Border Payments

India And Nepal Launch UPI-NPI Linkage For Seamless Cross-Border Payments

Rediff.com11 Jun 2026

India and Nepal have launched a peer-to-peer (P2P) cross-border remittance mechanism, linking India's UPI with Nepal's NPI. This system allows real-time money transfers via mobile banking, enhancing convenience for travellers and businesses, fostering financial inclusion, and strengthening economic ties between the two nations.

Cooperative Official Arrested In Odisha For Embezzlement

Cooperative Official Arrested In Odisha For Embezzlement

Rediff.com30 May 2026

Odisha Vigilance arrested a cooperative official, Patitapaban Majhi, for allegedly misappropriating over Rs 33 lakh in government funds during his tenure at the Garhsantri Service Co-operative Society.

Cyber Crooks Defraud Thane Man Of Rs 9 Lakh Via Malicious Gas Bill Link

Cyber Crooks Defraud Thane Man Of Rs 9 Lakh Via Malicious Gas Bill Link

Rediff.com5 Jun 2026

A 57-year-old man from Thane district was defrauded of Rs 9.08 lakh by cyber criminals who used a malicious link disguised as a Mahanagar Gas bill payment update, gaining remote access to his device and siphoning funds.

Fino Payments Bank Claims GST Compliance After CEO's Arrest

Fino Payments Bank Claims GST Compliance After CEO's Arrest

Rediff.com2 Mar 2026

Fino Payments Bank asserts its compliance with GST regulations following the arrest of its MD and CEO, Rishi Gupta, by the Directorate General of GST Intelligence (DGGI). The bank clarifies that the investigation pertains to program managers associated with multiple banks and not the bank's own GST compliance.

Marc Faber: 'Indian Markets Can Go Down 20 Per Cent'

Marc Faber: 'Indian Markets Can Go Down 20 Per Cent'

Rediff.com23 Jun 2026

'India has initiated a bear market and we will still go lower. It has nothing to do with the economy.'

How Did a 590 Crore Fraud Go Undetected At IDFC First Bank?

How Did a 590 Crore Fraud Go Undetected At IDFC First Bank?

Rediff.com23 Feb 2026

The quantum of fraud detected by the bank is more than the 503 crore net profit it reported for the October-December quarter of 2025-2026.

Gap Between ATM Withdrawals And Cash In Circulation Widens

Gap Between ATM Withdrawals And Cash In Circulation Widens

Rediff.com28 Apr 2026

A State Bank of India report indicates a sharp increase in precautionary cash holding in India, with the gap between per capita currency in circulation and ATM withdrawals widening significantly, driven by global uncertainties despite record digital payment transactions.

Australia spoil Turkey's return to World Cup stage with tense win

Australia spoil Turkey's return to World Cup stage with tense win

Rediff.com14 Jun 2026

Australia defeated Turkey 2-0 in their Group D World Cup opener, with goals from Nestory Irankunda and Connor Metcalfe, placing them second in the group.

Four Arrested In Bihar For Selling Fake NEET Exam Papers

Four Arrested In Bihar For Selling Fake NEET Exam Papers

Rediff.com14 Jun 2026

Bihar Police have arrested four individuals in Muzaffarpur for allegedly operating a network that sold fake question papers for various examinations, including NEET-UG, to aspirants and their parents via social media. The arrests followed information from a previously apprehended associate, Manish Jha, and further investigation is ongoing.

World Cup 2026 Set to Shatter All-Time Sports Gambling Records

World Cup 2026 Set to Shatter All-Time Sports Gambling Records

Rediff.com25 Jun 2026

World Cup 2026 is on track to become the biggest betting event in history, with global wagers expected to exceed $50 billion as sportsbooks report record-breaking activity driven by the expanded tournament format and growing legal gambling markets.

Gujarat Police Arrest 13 In Pan-India Cyber Crime Bust

Gujarat Police Arrest 13 In Pan-India Cyber Crime Bust

Rediff.com23 May 2026

Gujarat cyber police have arrested 13 individuals allegedly involved in a network responsible for 982 cyber crimes across India, resulting in losses of over Rs 631 crore.