Search results for 'State Banks'

Delhi octogenarian's stolen phone cracks interstate cyber-fraud gang; 9 held

Delhi octogenarian's stolen phone cracks interstate cyber-fraud gang; 9 held

Rediff.com10 Aug 2026

A stolen mobile phone belonging to an 88-year-old man has helped the Delhi police unearth an interstate cyber-fraud syndicate allegedly operating through a three-stage network spread across Rajasthan and Uttar Pradesh, an officer said on Monday.

Vice President Radhakrishnan Unveils Gnani Artha, Sovereign AI Stack For Indian Enterprises

Vice President Radhakrishnan Unveils Gnani Artha, Sovereign AI Stack For Indian Enterprises

Rediff.com28 Aug 2026

Vice President CP Radhakrishnan launched Gnani Artha, an end-to-end sovereign AI stack for Indian enterprises and public institutions. He emphasised that new technologies, including AI, will enhance ease of work and create more jobs, drawing parallels with the IT industry's growth. The initiative, backed by the India AI Mission, aims for self-reliance and includes the Gnani Evon v3.3 language model and Gnani Plexus AI platform, offering cost-effective Indic language capabilities.

Vice President Radhakrishnan Unveils Gnani Artha, Sovereign AI Stack For Indian Enterprises

Vice President Radhakrishnan Unveils Gnani Artha, Sovereign AI Stack For Indian Enterprises

Rediff.com28 Aug 2026

Vice President CP Radhakrishnan launched Gnani Artha, an end-to-end sovereign AI stack for Indian enterprises and public institutions. He emphasised that new technologies, including AI, will enhance ease of work and create more jobs, drawing parallels with the IT industry's growth. The initiative, backed by the India AI Mission, aims for self-reliance and includes the Gnani Evon v3.3 language model and Gnani Plexus AI platform, offering cost-effective Indic language capabilities.

Multi-State Cyber Fraud Suspect Nabbed In Assam

Multi-State Cyber Fraud Suspect Nabbed In Assam

Rediff.com2 Jun 2026

Assam Police have arrested a cyber fraudster suspected of involvement in multi-state digital crimes. The arrest was made by the Crime Investigation Department's Cyber Police Station, and the suspect is believed to have operated a highly active mule account.

Prime Minister Modi Praises UPI's Transformative Impact On India's Digital Payments

Prime Minister Modi Praises UPI's Transformative Impact On India's Digital Payments

Rediff.com25 Aug 2026

Prime Minister Narendra Modi celebrated the Unified Payments Interface (UPI) completing a decade, calling it a major turning point in India's digital payment journey. Launched in 2016, UPI has become the backbone of India's digital payments ecosystem, showing exponential growth in transaction volume and value, and is a key pillar of the Digital Public Infrastructure.

Gold loan-backed PSLC sales boost PSBs' non-interest income in Q1FY27

Gold loan-backed PSLC sales boost PSBs' non-interest income in Q1FY27

Rediff.com3 Aug 2026

Public-sector banks (PSBs) have reported a substantial increase in non-interest income for Q1FY27, primarily driven by the sale of Priority Sector Lending Certificates (PSLCs) backed by their rapidly expanding gold loan portfolios. This strategy has allowed several lenders to book significant profits by exceeding priority sector lending targets.

New Book Reveals Ganga's Unique Microbial Intelligence At Triveni Sangam

New Book Reveals Ganga's Unique Microbial Intelligence At Triveni Sangam

Rediff.com29 Aug 2026

A new book, "The River That Remembers: Microbial Intelligence of Nature" by Padma Shri awardee Ajai Kumar Sonkar, claims that the Triveni Sangam at Prayagraj is a unique viral-bacterial laboratory. It suggests that the sacred dips taken by devotees lead to an intense microbial exchange, accelerating phage evolution, especially during events like Kumbh Mela, as diverse human microbiota interact with the river's existing microbiome.

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.

Stock Markets Today: Sensex, Nifty climb in early trade

Stock Markets Today: Sensex, Nifty climb in early trade

Rediff.com28 Jul 2026

Indian benchmark indices Sensex and Nifty saw gains in early trade, driven by a decline in crude oil prices due to easing geopolitical tensions in West Asia and strong buying interest in the IT sector.

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.

New 'boss' scam to dupe corporate employees busted

New 'boss' scam to dupe corporate employees busted

Rediff.com18 Aug 2026

Ahmedabad Cyber Crime Branch has uncovered a Rs 1.5 crore WhatsApp fraud, leading to the arrest of two key SIM and OTP suppliers in West Bengal. The investigation revealed a sophisticated international cybercrime network spanning China, Pakistan, India, and Hong Kong, operating a "boss scam" and utilizing a "Cybercrime as a Service" model. Police recovered a significant portion of the defrauded amount and secured thousands of devices.

Pranavi Urs Advances In Swiss Ladies Open As Others Miss Cut

Pranavi Urs Advances In Swiss Ladies Open As Others Miss Cut

Rediff.com15 Aug 2026

Indian golfer Pranavi Urs successfully made the cut at the VP Bank Swiss Ladies Open, finishing Tied-28th after two rounds. Her compatriots Tvesa Malik and Diksha Dagar, however, missed the 36-hole cut. Sweden's Kajsa Arwefjall holds a commanding three-shot lead heading into the final round, seeking her first Ladies European Tour victory.

Chandigarh Pioneers Digital Rupee For Welfare Delivery

Chandigarh Pioneers Digital Rupee For Welfare Delivery

Rediff.com12 Aug 2026

Chandigarh is set to launch the Central Bank Digital Currency (CBDC), or digital rupee, for Direct Benefit Transfer (DBT) under the Pradhan Mantri Garib Kalyan Anna Yojana (PMGKAY) on August 14. This initiative makes Chandigarh the first Union Territory to fully roll out CBDC-based DBT for food subsidy, enhancing transparency and efficiency in welfare delivery. The digital rupee, issued by the RBI, will be purpose-bound for purchasing foodgrains from authorised merchants.

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.

Basit Ali's 100-seat mission: BJP steps up Muslim outreach in UP

Basit Ali's 100-seat mission: BJP steps up Muslim outreach in UP

Rediff.com19 Aug 2026

Newly appointed BJP Minority Morcha national president Kunwar Basit Ali announced a strategic focus on approximately 100 Uttar Pradesh assembly seats, aiming to connect the Muslim community with the BJP by highlighting government welfare schemes and dispelling "misconceptions" about the party.

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.

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.

Telangana CM denied US trip, MEA cites 'non-conformity of norms'

Telangana CM denied US trip, MEA cites 'non-conformity of norms'

Rediff.com22 Aug 2026

Telangana Chief Minister A Revanth Reddy's planned visit to the United States has been denied political clearance by the Ministry of External Affairs (MEA), citing non-conformity with laid down norms, forcing him to cancel the US leg of his 'TelanganaRising' delegation tour and return to Hyderabad earlier than planned.

Maharashtra govt makes reporting snakebite cases compulsory

Maharashtra govt makes reporting snakebite cases compulsory

Rediff.com19 Aug 2026

The Maharashtra government has declared snakebite a notifiable disease, mandating all healthcare providers to report cases and deaths. This move aims to strengthen monitoring, ensure timely treatment, and improve anti-snake venom availability, following a tragic incident where tribal schoolgirls died from snakebites.

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.

'How Can You Grow At 7% With These Rates Of Private Investment?'

'How Can You Grow At 7% With These Rates Of Private Investment?'

Rediff.com2 Sep 2026

'You have to get private investment to somewhere between 35% to 36% of GDP. It is hovering about 30%-31%.'

Indian Equities Extend Losses as West Asia Tensions Fuel Crude Oil Price Hike

Indian Equities Extend Losses as West Asia Tensions Fuel Crude Oil Price Hike

Rediff.com23 Jul 2026

Indian benchmark indices Sensex and Nifty extended their losses for the fourth consecutive session, with the Sensex declining 363.66 points and the Nifty dipping 126.65 points, primarily due to a sharp jump in Brent crude oil prices to USD 98.32 per barrel amid escalating tensions in West Asia.

Sensex Jumps 790 Points as Crude Oil Prices Soften, Banks and IT Lead Rally

Sensex Jumps 790 Points as Crude Oil Prices Soften, Banks and IT Lead Rally

Rediff.com24 Jun 2026

Indian benchmark equity indices, Sensex and Nifty, rebounded nearly 1 per cent, with the Sensex jumping 790.54 points to 76,991.22, driven by softening crude oil prices and strong buying in banking, financial, and IT shares.

India Slams Pakistan At UN, Calls It 'Frankenstein State'

India Slams Pakistan At UN, Calls It 'Frankenstein State'

Rediff.com19 Jun 2026

India strongly criticised Pakistan at the United Nations, labelling it a "Frankenstein state" for its alleged support of terrorism. The remarks came after Pakistan and the OIC raised the Kashmir issue, which India firmly rejected, reiterating Jammu and Kashmir's integral status. India also deemed the Indus Water Treaty "outdated" given Pakistan's policies.

Ram Temple Trust holds series of meetings; eyes administrative overhaul

Ram Temple Trust holds series of meetings; eyes administrative overhaul

Rediff.com8 Jul 2026

Amidst an ongoing SIT probe into alleged embezzlement of Ram temple donations, Shri Ram Janmabhoomi Teerth Kshetra Trust treasurer Govind Dev Giri held a series of meetings in Ayodhya. These discussions followed the acceptance of resignations from former general secretary Champat Rai and trustee Anil Mishra, and the Trust's decision to overhaul its administrative structure, including appointing a professional CEO. Rai, who has adopted a vow of silence, questioned the State Bank of India's role in the donation counting process, while Giri defended Rai but acknowledged his trust in the wrong people. The SIT probe is expanding to examine the Trust's financial transactions and administrative processes.

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).

Bank Frauds Drop, Losses Soar

Bank Frauds Drop, Losses Soar

Rediff.com2 Jun 2026

The highest number of frauds was reported under the card, Internet, and digital payments categories in FY24 and FY25. 'Advances' accounted for the largest share (85.5 per cent) in FY26.

'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.

Gold prices increasingly driven by inflation, monetary policy, not just war: Report

Gold prices increasingly driven by inflation, monetary policy, not just war: Report

Rediff.com10 Aug 2026

A new report by Motilal Oswal Financial Services Ltd (MOFSL) indicates that inflation, interest rates, and monetary policy have become more significant drivers of gold prices than traditional geopolitical conflicts, with markets increasingly focusing on these economic factors.

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.

Accused In Surat Bank Robbery Shot During Escape Attempt

Accused In Surat Bank Robbery Shot During Escape Attempt

Rediff.com8 May 2026

A man arrested for allegedly looting Rs 50 lakh from a State Bank of India (SBI) branch in Gujarat's Surat was shot in the leg by police after he opened fire at them in an attempt to escape.

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.

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.

Punjab National Bank Branch Targeted In Failed Burglary

Punjab National Bank Branch Targeted In Failed Burglary

Rediff.com2 Jun 2026

An attempted burglary occurred at a Punjab National Bank branch in Uchi Bassi village near Dasuya, with the intruder failing to access the main safe but stealing a digital tablet.

Public Sector Banks clock fourth straight year of profit, hit record Rs 1.98 trillion

Public Sector Banks clock fourth straight year of profit, hit record Rs 1.98 trillion

Rediff.com20 May 2026

Public-sector banks (PSBs) in India have reported an 11.2 per cent year-on-year rise in net profit, reaching a record 1.98 trillion in FY26, marking their fourth consecutive year of profitability, driven by sustained business growth, improved asset quality, and strong capital positions.

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.

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.

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.

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.