Search results for 'banking'

Sensex, Nifty tank nearly 1%

Sensex, Nifty tank nearly 1%

Rediff.com9 Jan 2026

From the 30-Sensex firms, NTPC, ICICI Bank, Adani Ports, Bharti Airtel, Sun Pharma and Bajaj Finance were among the biggest laggards. However, Asian Paints, HCL Tech, Bharat Electronics and Reliance Industries were among the gainers.

Man poses as 'Justice Chandrachud', dupes woman of Rs 3.7 crore

Man poses as 'Justice Chandrachud', dupes woman of Rs 3.7 crore

Rediff.com29 Dec 2025

A man was arrested in Gujarat for allegedly receiving a significant portion of Rs 3.71 crore siphoned off from a Mumbai woman in a 'digital arrest' scam. The cybercriminals impersonated law enforcement and court officials, staging a fake online hearing to deceive the victim.

Smallcap Index Faces Worst Year Since 2018

Smallcap Index Faces Worst Year Since 2018

Rediff.com31 Dec 2025

Over 50 per cent, or 660 stocks, from the BSE 1000 index recorded negative returns during CY25.

Maha civic polls: Jan 15 declared as public holiday

Maha civic polls: Jan 15 declared as public holiday

Rediff.com9 Jan 2026

The Maharashtra State Election Commission on Friday announced that Thursday, January 15, will be a public holiday in areas falling under the 29 municipal corporations where polling for civic elections will be held, an official said.

Celina Jaitley: 'My Entire World Was Snatched From Me'

Celina Jaitley: 'My Entire World Was Snatched From Me'

Rediff.com14 Jan 2026

'When I asked for an amicable separation, I was told that my professional background & achievements were irrelevant & was advised to take up work as a cleaner or in a supermarket in the small village where we lived in Austria, simply to retain the joint custody of my children.'

'The Intent Is To Make A Better Bank In The Future'

'The Intent Is To Make A Better Bank In The Future'

Rediff.com28 Oct 2025

'As the team builds, each of them will bring in a different perspective, new thinking.'

Forex reserves rise by $4.36 bn to $693 bn

Forex reserves rise by $4.36 bn to $693 bn

Rediff.com26 Dec 2025

India's forex reserves jumped by $4.36 billion to $693 billion during the week ended December 19, the Reserve Bank said on Friday. The overall kitty had increased by $1.69 billion to $688.95 billion in the previous week.

Blackstone to invest Rs 6,200 crore for 9.99% stake in Federal Bank

Blackstone to invest Rs 6,200 crore for 9.99% stake in Federal Bank

Rediff.com25 Oct 2025

Private-sector lender Federal Bank on Friday announced that New York-based Blackstone will invest Rs 6,196.51 crore in the bank through its affiliate Asia II Topco XIII Pte Ltd via a preferential issue on a private placement basis.

Ladki Bahin dole amid civic polls sparks row in Maha; Oppn protests

Ladki Bahin dole amid civic polls sparks row in Maha; Oppn protests

Rediff.com12 Jan 2026

Maharashtra minister's announcement regarding the disbursement of financial aid under the Ladki Bahin Yojana before Makar Sankranti has triggered a controversy, with the Opposition alleging a violation of the Model Code of Conduct ahead of municipal elections. The State Election Commission has sought a report on the matter.

The Night Manager 2 Review: Wildly Entertaining

The Night Manager 2 Review: Wildly Entertaining

Rediff.com13 Jan 2026

The Night Manager Season 2 is a comfortably paced, tension holding series, with a couple of solid twists, observes Deepa Gahlot.

SFIO questions IndusInd execs on accounting discrepancies

SFIO questions IndusInd execs on accounting discrepancies

Rediff.com20 Dec 2025

Private-sector lender IndusInd Bank had said the Serious Fraud Investigation Office (SFIO) interacted with its officials this week and would send a written communication seeking specific details related to the accounting discrepancies identified at the bank.

Christmas event in Haridwar cancelled after Hindu groups protest

Christmas event in Haridwar cancelled after Hindu groups protest

Rediff.com23 Dec 2025

A Christmas event scheduled to be held at a hotel run by the Uttar Pradesh Tourism Department on the banks of the Ganges in Haridwar has been cancelled following objections from Hindu outfits, a hotel official said on Monday.

Sensex down 102 points on geopolitical concerns

Sensex down 102 points on geopolitical concerns

Rediff.com7 Jan 2026

From the 30-Sensex firms, Maruti, Power Grid, Tata Motors Passenger Vehicles, HDFC Bank, Asian Paints and Tata Steel were among the biggest laggards. However, Titan, HCL Tech, Tech Mahindra, Infosys and Tata Consultancy Services were among the gainers.

Duped of Rs 4 cr in land deal, U'khand farmer shoots himself dead

Duped of Rs 4 cr in land deal, U'khand farmer shoots himself dead

Rediff.com11 Jan 2026

A farmer in Uttarakhand allegedly committed suicide after being defrauded of Rs 4 crore in a fake land deal. He posted a video online before his death, naming the accused. The Congress party has criticized the BJP government over the incident.

Rs 14,000 crore from World Bank used in Bihar polls: Jan Suraaj

Rs 14,000 crore from World Bank used in Bihar polls: Jan Suraaj

Rediff.com16 Nov 2025

Jan Suraaj Spokesperson and one of the key architects of the Party, Pavan Verma, levelled serious allegations that funds from the World Bank meant for some other project were diverted for the Bihar Assembly elections by the central government and distributed to women voters in the state.

Sagarmala Finance expecting at least Rs 2K cr equity infusion from govt: MD

Sagarmala Finance expecting at least Rs 2K cr equity infusion from govt: MD

Rediff.com6 Jan 2026

India's first maritime lender, state-owned Sagarmala Finance Corporation Ltd (SMFCL) hit the ground running with a Rs 4,300 crore disbursement announcement last Tuesday, within months of being registered as a non-banking financial company (NBFC) in June 2025.

At $4.4 bn, Shriram Fin to get India's largest financial-sector FDI

At $4.4 bn, Shriram Fin to get India's largest financial-sector FDI

Rediff.com20 Dec 2025

Leading non-banking financial company (NBFC) Shriram Finance on Friday said Japan-based MUFG Bank would invest Rs 39,618 crore, or $4.4 billion, to acquire a 20 per cent stake on a fully diluted basis through a preferential issue of equity shares.

India bank on Kohli-Rohit magic to seal ODI series

India bank on Kohli-Rohit magic to seal ODI series

Rediff.com2 Dec 2025

A record-extending 52nd ODI century by Virat Kohli and a rapid 57 from Rohit Sharma paved the way for India's victory in the series-opener in Ranchi.

Oyo-parent Prism files IPO papers with Sebi; eyes Rs 6,650 cr via issue

Oyo-parent Prism files IPO papers with Sebi; eyes Rs 6,650 cr via issue

Rediff.com31 Dec 2025

Prism, the parent firm of global travel tech unicorn Oyo, has filed preliminary papers with market regulator Sebi to raise Rs 6,650 crore through an initial public offering (IPO) using a confidential route, people familiar with the development said on Wednesday.

Home Loans: Banks Roll Out Festive Offers

Home Loans: Banks Roll Out Festive Offers

Rediff.com6 Oct 2025

'Do exhaustive research and then select the one that best fits your budget and requirements.'

Why Freebies May Not Save Stalin's DMK

Why Freebies May Not Save Stalin's DMK

Rediff.com16 Jan 2026

While the DMK depends on a 'silver sieve' of welfare schemes to stay in power, its support is slowly draining away under the weight of poor governance, corruption, and voters who are no longer satisfied with benefits alone and now want basic administration to work, observes N Sathiya Moorthy.

Private banks' mcap fell in Jul-Sep: S&P

Private banks' mcap fell in Jul-Sep: S&P

Rediff.com7 Oct 2025

Private sector banks slipped in market capitalisation (mcap) during the July-September quarter, underperforming their government-owned peers as trade uncertainties dragged market sentiment, said S&P Global Market Intelligence. According to its analysis, HDFC Bank shed 4.8 per cent in mcap during the third quarter, while ICICI Bank's dropped 6.7 per cent.

Live selfie, location lock: India tightens KYC rules for crypto exchanges

Live selfie, location lock: India tightens KYC rules for crypto exchanges

Rediff.com11 Jan 2026

Under the new rules, users must take a "live selfie" using software that verifies their presence, typically through eye-blinking or head movement. The measure helps prevent the use of static photos or deepfakes.

'Keeping Modi-Shah Away From Mumbai Was Deliberate'

'Keeping Modi-Shah Away From Mumbai Was Deliberate'

Rediff.com19 Jan 2026

'It would have polarised the Marathi-non Marathi divide further. 'Fadnavis had a very clear strategy: Let all Marathi people campaign for us (the BJP), and whatever results we get will be delivered by Marathi people only.'

Hungry IPOs Carve A Heft Slice Of Mutual Funds

Hungry IPOs Carve A Heft Slice Of Mutual Funds

Rediff.com22 Dec 2025

In November, six primary market issuances accounted for more than 13,000 crore of net equity investments by MFs.

WPL auction: UP Warriorz break the bank for Deepti!

WPL auction: UP Warriorz break the bank for Deepti!

Rediff.com27 Nov 2025

The seasoned duo of Meg Lanning and Sophie Devine were also among the marquee picks. Giants bought Devine for Rs 2 crore, while UP Warriorz landed Lanning for Rs 1.90 crore.

Realme 16 Pro+: Ultra-High 200MP Camera

Realme 16 Pro+: Ultra-High 200MP Camera

Rediff.com7 Jan 2026

Realme has rolled out its latest premium offerings in the Indian market with the debut of the Realme 16 Pro and Realme 16 Pro+.

Upset alert: Jadumani stuns Panghal at boxing nationals

Upset alert: Jadumani stuns Panghal at boxing nationals

Rediff.com9 Jan 2026

Promising youngster Jadumani Singh upstaged seasoned campaigner Amit Panghal to storm into the final

Assam: Row Over Reservation For Muslims

Assam: Row Over Reservation For Muslims

Rediff.com27 Dec 2025

The BJP alleged that the move would undermine existing reservation norms and was aimed at consolidating a particular vote bank.

Gsec yield curve may flatten in FY27

Gsec yield curve may flatten in FY27

Rediff.com26 Dec 2025

The government bond yield curve is likely to flatten in the financial year 2027 (FY27) as the Reserve Bank of India (RBI) is expected to ease supply pressure in the ultra-long segment. In FY26 so far, reduced investments by insurance companies and pension funds pushed up yields on ultra-long tenor securities, steepening the curve.

Forex reserves jump $1.69 bn to $688.94 bn

Forex reserves jump $1.69 bn to $688.94 bn

Rediff.com19 Dec 2025

India's forex reserves jumped by $1.689 billion to $688.949 billion during the week ended December 12, the Reserve Bank of India said on Friday.

White collar terror module: Kashmir starts profiling mosques, madrasas

White collar terror module: Kashmir starts profiling mosques, madrasas

Rediff.com13 Jan 2026

Authorities in Kashmir have initiated a profiling process of mosques, madrassas, and individuals associated with their management following the exposure of a 'white collar' terror module. The enumeration drive focuses on the finances of these institutions and the backgrounds of their personnel.

'China Wants India On A Tight Leash'

'China Wants India On A Tight Leash'

Rediff.com15 Jan 2026

'China's basic purpose of taking the Shaksgam Valley was access to the Indian Ocean.'

At $4.18 tn, India overtakes Japan as 4th largest economy, says govt

At $4.18 tn, India overtakes Japan as 4th largest economy, says govt

Rediff.com30 Dec 2025

India's real GDP grew 8.2 percent in the second quarter of 2025-26, up from 7.8 percent in the first quarter and 7.4 percent in the fourth quarter of the last fiscal.

Q3FY26 results preview: IT companies' growth likely to remain muted

Q3FY26 results preview: IT companies' growth likely to remain muted

Rediff.com12 Jan 2026

With discretionary spending still under pressure, the information technology (IT) services industry continued to face an uncertain demand environment in the third quarter of 2025-26 (Q3FY26).

Sensex drops 120 pts on foreign fund outflows

Sensex drops 120 pts on foreign fund outflows

Rediff.com17 Dec 2025

Among Sensex firms, Trent, HDFC Bank, Adani Ports, ICICI Bank, Bajaj Finserv, Bharat Electronics, Titan and Asian Paints were the major laggards. However, State Bank of India, Infosys, Axis Bank and Maruti were among the gainers.

Pune serial blasts case accused shot dead in Maha town

Pune serial blasts case accused shot dead in Maha town

Rediff.com31 Dec 2025

Bunty Jahagirdar, an accused in the 2012 Pune serial blasts case, was allegedly shot dead by unidentified assailants in Shrirampur town in Ahilyanagar district on Wednesday, police said.

Will Gold's Bull Run Continue in 2026?

Will Gold's Bull Run Continue in 2026?

Rediff.com31 Dec 2025

'We expect modest returns in 2026 versus the steep gains seen over the past few years.'

CJI lays foundation for new court complex amid lawyers' protest in Assam

CJI lays foundation for new court complex amid lawyers' protest in Assam

Rediff.com11 Jan 2026

Chief Justice of India lays the foundation for an Integrated Judicial Court Complex in Assam's Kamrup district, facing protests from the Gauhati High Court Bar Association (GHCBA) over the relocation of the High Court.

3 arrested for Hindu businessman's murder in Bangladesh

3 arrested for Hindu businessman's murder in Bangladesh

Rediff.com4 Jan 2026

Khokon Chandra Das, 50, was assaulted near Keurbhanga Bazar in Damudya in Shariatpur district, about 100 kilometres south of Dhaka, on Wednesday night. He died on Saturday. Prothom Alo newspaper said a team of Rapid Action Battalion (RAB) arrested the three accused on Sunday morning from Kishoreganj, about 100 kilometres northeast of Dhaka.