Search results for 'bank'

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.

Why Rhea Chakraborty's Bank Accounts Were Defrozen

Why Rhea Chakraborty's Bank Accounts Were Defrozen

Rediff.com27 Apr 2026

A special court in Mumbai has ordered the defreezing of the bank accounts of actor Rhea Chakraborty and her brother, who were accused in a drugs case, citing the NCB's failure to follow procedural requirements under the NDPS Act.

Profit Booking Drags Sensex, Nifty Lower After Four-Day Rally

Profit Booking Drags Sensex, Nifty Lower After Four-Day Rally

Rediff.com7 Jul 2026

Indian benchmark indices, Sensex and Nifty, closed lower due to profit-taking after a four-day rally, influenced by weakness in Asian markets, with Trent shares tumbling over 12 per cent.

The Retirement Crisis Nobody Talks About

The Retirement Crisis Nobody Talks About

Rediff.com10 Jul 2026

Behind the aesthetics of an entrepreneurial lifestyle lies a silent financial crisis that nobody is talking about: Freelancers are sprinting toward a retirement brick wall.

Sensex Jumps 444 Points as Indian Markets Rebound After Two-Day Decline

Sensex Jumps 444 Points as Indian Markets Rebound After Two-Day Decline

Rediff.com1 Jul 2026

Indian benchmark indices, Sensex and Nifty, bounced back significantly after two days of losses, with the Sensex climbing 443.97 points to settle at 76,922.64, driven by positive global market trends and a drop in crude oil prices.

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.

Bank of Baroda and Reliance Jio Team Up to Expand Mobile Banking for Feature Phone Users

Bank of Baroda and Reliance Jio Team Up to Expand Mobile Banking for Feature Phone Users

Rediff.com13 Apr 2026

Bank of Baroda has partnered with Reliance Jio to provide access to its mobile banking application, 'bob World Lite', for users of Jio feature phones, aiming to promote financial inclusion and digital payments.

FIFA World Cup 2026: Fired-up Mexico aim to extend dream run against England

FIFA World Cup 2026: Fired-up Mexico aim to extend dream run against England

Rediff.com4 Jul 2026

Mexico will bid to continue their remarkable World Cup run when they face England in the last 16 on Sunday, with Javier Aguirre's side standing one victory away from a first quarter-final appearance in 40 years.

Sensex drops 370 points on renewed geopolitical tensions

Sensex drops 370 points on renewed geopolitical tensions

Rediff.com29 Jun 2026

Benchmark equity indices Sensex and Nifty ended lower on Monday as renewed hostilities between the US and Iran and rising oil prices unnerved investors. The 30-share BSE Sensex declined 372.10 points, or 0.48 per cent, to settle at 76,728.37.

RBI Cancels Paytm Payments Bank Licence: What it Means for Depositors

RBI Cancels Paytm Payments Bank Licence: What it Means for Depositors

Rediff.com24 Apr 2026

The Reserve Bank of India (RBI) has cancelled the banking licence of Paytm Payments Bank, citing that the bank's affairs were conducted in a manner detrimental to the interests of the bank and its depositors, and its management was prejudicial to public interest.

Banks Advised To Use RBI's AI Tool To Combat Cyber Fraud

Banks Advised To Use RBI's AI Tool To Combat Cyber Fraud

Rediff.com30 Apr 2026

Financial Services Secretary M Nagaraju has urged banks to adopt the MuleHunter AI tool developed by RBI to identify and prevent mule accounts used in cyber financial frauds. The meeting also discussed 'Operation Octopus' by Hyderabad Police and emphasised coordinated efforts and intelligence sharing.

IDFC First Bank Simplifies Customs Duty Payments Digitally

IDFC First Bank Simplifies Customs Duty Payments Digitally

Rediff.com18 Apr 2026

IDFC First Bank has integrated with ICEGATE 2.0 to enable digital payment of customs duty, central excise, and service tax for its customers.

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.

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.

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.

India's forex reserves rise by 963 mn to $672.59 billion

India's forex reserves rise by 963 mn to $672.59 billion

Rediff.com26 Jun 2026

India's foreign exchange reserves saw an increase of USD 963 million, reaching USD 672.587 billion for the week ending June 19, as reported by the RBI. This rise follows a previous week's drop. While foreign currency assets decreased, the value of gold reserves significantly increased, contributing to the overall growth.

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.

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.

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.

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.'

Power bank catches fire in IndiGo plane at Chandigarh airport; all evacuated

Power bank catches fire in IndiGo plane at Chandigarh airport; all evacuated

Rediff.com5 May 2026

An IndiGo flight was evacuated at Chandigarh airport after a passenger's power bank caught fire. All passengers and crew were safely evacuated, and no major injuries were reported.

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.

Haryana Sacks Official Over Rs 590 Crore Bank Fraud

Haryana Sacks Official Over Rs 590 Crore Bank Fraud

Rediff.com25 Apr 2026

The Haryana government has dismissed an official from the Development and Panchayat Department in connection with a Rs 590 crore fraud case involving IDFC First Bank. The decision follows a detailed investigation that revealed a criminal conspiracy and substantial evidence against the official.

Banks On Alert As AI Model Threatens Data Security

Banks On Alert As AI Model Threatens Data Security

Rediff.com23 Apr 2026

Finance Minister Nirmala Sitharaman met with bank heads to discuss risks related to Artificial Intelligence (AI) following global concerns over Anthropic's Mythos model threatening data security of financial systems.

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.

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.

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.

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.

Ex-Bank Correspondent Arrested For Rs 27 Lakh Fraud In Odisha

Ex-Bank Correspondent Arrested For Rs 27 Lakh Fraud In Odisha

Rediff.com26 Apr 2026

Odisha Police have arrested a former banking correspondent for allegedly misappropriating around Rs 27 lakh of depositors' money in Jajpur district.

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.

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).

Odisha tribal man carries sister's skeleton to bank to withdraw Rs 19,300

Odisha tribal man carries sister's skeleton to bank to withdraw Rs 19,300

Rediff.com28 Apr 2026

A tribal man in Odisha's Keonjhar district brought the skeleton of his dead sister to a bank to withdraw money deposited in her name after bank officials insisted on the account holder's presence.

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.

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.

Rs 7.31 Crore Gold Fraud Uncovered At Canara Bank Branch

Rs 7.31 Crore Gold Fraud Uncovered At Canara Bank Branch

Rediff.com26 Apr 2026

A significant fraud involving the theft of gold ornaments and their replacement with fake jewellery has been discovered at a Canara Bank branch in Jalna district, Maharashtra. The alleged fraud amounts to Rs 7.31 crore.

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.

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.

Indian Banks Discuss AI Security Risks After Global Concerns

Indian Banks Discuss AI Security Risks After Global Concerns

Rediff.com23 Apr 2026

Finance Minister Nirmala Sitharaman met with bank heads to discuss the risks associated with Artificial Intelligence (AI) following global concerns about Anthropic's Mythos model and its potential threat to financial systems' data security.

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.