News for '-bank-of'

Bank of India Held Liable for ATM Fraud, Ordered to Pay Compensation

Bank of India Held Liable for ATM Fraud, Ordered to Pay Compensation

Rediff.com1 days ago

The State Consumer Disputes Redressal Commission has directed Bank of India to compensate a senior citizen for losses incurred due to unauthorized ATM transactions, citing deficiency in service and failure to adhere to security protocols.

Anil Nutrients Ltd and Director Face Money Laundering Charges in Bank Fraud Case

Anil Nutrients Ltd and Director Face Money Laundering Charges in Bank Fraud Case

Rediff.com4 days ago

The Enforcement Directorate (ED) has filed a prosecution complaint against Anil Nutrients Ltd, its director, and six others in connection with a money laundering case involving an alleged fraud of Rs 47.88 crore with Bank of India.

Fraudulent Loan Attempt Uncovered at Pilibhit Tiger Reserve

Fraudulent Loan Attempt Uncovered at Pilibhit Tiger Reserve

Rediff.com4 days ago

An attempt to secure a bank loan using forged signatures and documents related to the Pilibhit Tiger Reserve has been uncovered, prompting a police investigation.

India's Forex Reserves Surge to a Historic Peak of $728.5 Bn

India's Forex Reserves Surge to a Historic Peak of $728.5 Bn

Rediff.com4 days ago

India's foreign exchange reserves have surged to an all-time high, reaching USD 728.494 billion, according to the Reserve Bank of India. This increase is attributed to a rise in foreign currency assets and gold reserves.

Bengal polls: CEC warns of action over law and order lapses

Bengal polls: CEC warns of action over law and order lapses

Rediff.com1 days ago

The Election Commission has warned against any lapses in maintaining law and order ahead of the West Bengal Assembly elections, questioning the absence of a Narcotics Advisory Committee in the state and directing strict monitoring of financial transactions.

Stock Markets Today March 9, 2026: Sensex crashed 2346 points

Stock Markets Today March 9, 2026: Sensex crashed 2346 points

Rediff.com2 days ago

Indian stock market benchmark indices Sensex and Nifty experienced a significant drop in early trade due to rising crude oil prices, bearish global market trends, and continuous foreign fund outflows.

Model Accuses IPL Cricketer Amit Mishra of Dowry Harassment and Assault

Model Accuses IPL Cricketer Amit Mishra of Dowry Harassment and Assault

Rediff.com1 days ago

A model has filed a complaint in a Kanpur court against her husband, IPL cricketer Amit Mishra, accusing him and his family of dowry harassment, assault, and abetment to suicide.

Stock Market Today March 9, 2026: Sensex tanks 1,353 points

Stock Market Today March 9, 2026: Sensex tanks 1,353 points

Rediff.com1 days ago

Indian equity markets experienced a significant downturn, with the Sensex and Nifty plummeting due to rising crude oil prices, geopolitical tensions in West Asia, and continuous foreign fund outflows.

RBI Processes 99.8% of Applications Under Citizen's Charter Within Timeline

RBI Processes 99.8% of Applications Under Citizen's Charter Within Timeline

Rediff.com2 Mar 2026

The Reserve Bank of India (RBI) announced that it processed 99.8% of applications within the prescribed timeline under its Citizen's Charter in February, demonstrating high efficiency in its operations.

US-Iran Conflict Wipes Out Rs 70,000 Cr From LIC Portfolio

US-Iran Conflict Wipes Out Rs 70,000 Cr From LIC Portfolio

Rediff.com1 hour ago

The BSE Sensex and the Nifty 50 declined around 4.5 per cent each since the start of the West Asia conflict.

Fraud Victims May Get Rs 25k

Fraud Victims May Get Rs 25k

Rediff.com3 days ago

Only bona fide victims would be compensated by banks within five days of receiving the complaint.

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.com4 days ago

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.

RBI takes measured steps on liquidity amid tax outflows

RBI takes measured steps on liquidity amid tax outflows

Rediff.com1 days ago

To meet liquidity pressure because of advance tax outflows this month, the Reserve Bank of India (RBI) has adopted a measured approach with its latest announcement of open-market operations (OMOs), worth Rs 1 trillion.

Rice exporters seek urgent relief as Iran crisis disrupts exports, shipping

Rice exporters seek urgent relief as Iran crisis disrupts exports, shipping

Rediff.com5 days ago

Indian rice exporters are seeking urgent government support to mitigate the impact of shipping disruptions caused by the Iran crisis and instability in key maritime routes. The disruptions have led to increased freight rates, insurance premiums, and fuel costs, impacting domestic prices and exporter profitability.

Anil Ambani misses ED summons in bank-linked money laundering probe

Anil Ambani misses ED summons in bank-linked money laundering probe

Rediff.com28 Feb 2026

Reliance Group chairman Anil Ambani did not appear before the Enforcement Directorate for questioning in a money laundering case linked to an alleged bank fraud. The ED is investigating loan fraud allegations against multiple Anil Ambani group companies.

Court Issues Notices to Nirav Modi's Brothers in PNB Scam

Court Issues Notices to Nirav Modi's Brothers in PNB Scam

Rediff.com5 days ago

A special court in Mumbai has issued notices to Nirav Modi's brothers, Neeshal and Nehal Modi, asking them to explain why they should not be declared fugitive economic offenders in the Punjab National Bank scam.

ADB flags India's oil vulnerability amid rising West Asia tensions

ADB flags India's oil vulnerability amid rising West Asia tensions

Rediff.com3 days ago

Asian Development Bank (ADB) on Friday warned that India's limited crude oil reserves of about 100 million barrels - sufficient for only 40-45 days of consumption - leave the country particularly vulnerable to supply disruptions through the Strait of Hormuz amid the ongoing war in West Asia.

Rs 14 Trillion Investor Wealth Wiped Out

Rs 14 Trillion Investor Wealth Wiped Out

Rediff.com3 days ago

Sensex and Nifty post steepest weekly loss in over a year, falling nearly 3 per cent.

BJP Leader Giriraj Singh Slams Mamata Banerjee's 'Muslim Appeasement' Politics in West Bengal

BJP Leader Giriraj Singh Slams Mamata Banerjee's 'Muslim Appeasement' Politics in West Bengal

Rediff.com4 days ago

Union Minister Giriraj Singh has accused West Bengal Chief Minister Mamata Banerjee of appeasing Muslims and protecting infiltrators, while the BJP promises to bring 'Ram Rajya' to the state if elected.

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.

Kanpur Police Bust Robbery, Expose Crores-Worth Hawala Racket

Kanpur Police Bust Robbery, Expose Crores-Worth Hawala Racket

Rediff.com27 Feb 2026

Kanpur Police solved a robbery case leading to the discovery of a large hawala network. Six people were arrested, and investigations are ongoing to uncover the full extent of the illegal financial activities.

ED attaches Anil Ambani's Rs 3,716-crore house 'Abode'

ED attaches Anil Ambani's Rs 3,716-crore house 'Abode'

Rediff.com25 Feb 2026

The Enforcement Directorate attached Reliance Group chairman Anil Ambani's Mumbai house, 'Abode', worth Rs 3,716 crore under the anti-money laundering law, official sources said on Wednesday.

Gangtok police deploys drones for traffic management

Gangtok police deploys drones for traffic management

Rediff.com26 Feb 2026

Gangtok Traffic Police has introduced two high-tech drones to improve traffic management and public safety in the city. The drones will monitor traffic, identify bottlenecks, and assist in crowd management during public events.

Govt moves to shield trade as Iran war chokes sea routes

Govt moves to shield trade as Iran war chokes sea routes

Rediff.com5 days ago

With the Iran war escalating sharply and crisis deepening in the global energy market, India on Monday unveiled a coordinated plan to support exporters and shippers caught in the fallout.

After Keralam, chorus for renaming Delhi, West Bengal

After Keralam, chorus for renaming Delhi, West Bengal

Rediff.com25 Feb 2026

Jammu and Kashmir Chief Minister Omar Abdullah has urged the central government to approve West Bengal's request to rename the state, following the approval of a similar proposal for Kerala.

Sebi Alerts Investors to Fake STT Payment Demands

Sebi Alerts Investors to Fake STT Payment Demands

Rediff.com26 Feb 2026

Sebi cautions investors against fake notices demanding Securities Transaction Tax (STT) payments and warns about fraudsters posing as account handlers promising risk-free profits.

Public sector banks' profit grows 18% to record Rs 52,603 cr in Q3

Public sector banks' profit grows 18% to record Rs 52,603 cr in Q3

Rediff.com9 Feb 2026

Led by the country's biggest lender State Bank of India (SBI), public sector banks logged a record cumulative profit of Rs 52,603 crore in the third quarter of the current fiscal, reflecting an 18 per cent year-on-year growth.

Sensex gains 480 points as investors cheer US SC tariff verdict

Sensex gains 480 points as investors cheer US SC tariff verdict

Rediff.com23 Feb 2026

Indian equity markets closed higher, driven by gains in PSU bank, auto, and financial stocks, following the US Supreme Court's decision on tariffs. Sensex climbed 479.95 points to 83,294.66, and Nifty advanced 141.75 points to 25,713.

Buying Online May Soon Be As Simple As Looking At Your Phone

Buying Online May Soon Be As Simple As Looking At Your Phone

Rediff.com25 Feb 2026

Mastercard and Visa are introducing passkeys that will allow users to authenticate card payments with face scans or fingerprints, eliminating the need for one-time passwords (OTPs).

Chahal wreaks havoc on DY Patil T20 Cup Day 1

Chahal wreaks havoc on DY Patil T20 Cup Day 1

Rediff.com23 Feb 2026

Yuzvendra Chahal's impressive bowling performance and Yash Dhull's explosive batting were among the highlights of the opening day of the DY Patil T20 Cup.

Inflation may stay benign: RBI deputy guv

Inflation may stay benign: RBI deputy guv

Rediff.com25 Feb 2026

India's retail inflation, which has stayed below the Reserve Bank of India's (RBI's) 4 per cent target in recent times, is likely to remain benign in the coming months, RBI Deputy Governor Poonam Gupta said in a speech, on Friday, which was uploaded on the central bank's website on Tuesday. Headline inflation dipped to multi-year lows of around 1.5-2.8 per cent in late 2025.

'Is Rs 10 Cr Realistic In 10 Years?'

'Is Rs 10 Cr Realistic In 10 Years?'

Rediff.com26 Feb 2026

Ask rediffGURU Reetika Sharma your insurance, mutual fund and personal finance-related questions.

Sensex closed 283 points higher on buying in bank, metal shares

Sensex closed 283 points higher on buying in bank, metal shares

Rediff.com18 Feb 2026

Benchmark equity indices Sensex and Nifty extended their gains for the third straight session on Wednesday, driven by last-hour buying in bank, metal, and FMCG shares.

'LIC sets sights on sustained 60% plus market share'

'LIC sets sights on sustained 60% plus market share'

Rediff.com26 Feb 2026

'LIC will reduce but not fully exit its stake in IDBI Bank, which remains an important bancassurance partner,' says LIC of India' MD and CEO R Doraiswamy.

Short-term debt flows shifting from CPs to CDs

Short-term debt flows shifting from CPs to CDs

Rediff.com16 Feb 2026

Investors are moving away from the commercial paper (CP) market towards certificates of deposit (CDs), as primary CD issuances and rates on these short-term instruments rise.

Wholesale price inflation rises to 1.81% in Jan

Wholesale price inflation rises to 1.81% in Jan

Rediff.com16 Feb 2026

Wholesale price inflation extended upward momentum for the third straight month, at 1.81 per cent in January, driven by an uptick in prices of food, non-food articles, and manufactured items on a month-on-month basis, government data showed on Monday.

Sensex jumps 650 points on buying in power, banking stocks

Sensex jumps 650 points on buying in power, banking stocks

Rediff.com16 Feb 2026

Equity benchmark indices Sensex and Nifty rebounded sharply by nearly 1 per cent on Monday, driven by strong buying in power, banking, and financial stocks.

Relaxed ECB norms may lift foreign borrowings by Indian companies

Relaxed ECB norms may lift foreign borrowings by Indian companies

Rediff.com19 Feb 2026

The easing of external commercial borrowing (ECB) norms by the Reserve Bank of India (RBI) is expected to significantly boost overseas fundraising by Indian companies, market participants said.

RBI Proposes Strict Curbs On Bank Recovery Agents

RBI Proposes Strict Curbs On Bank Recovery Agents

Rediff.com13 Feb 2026

Abusive language, threats, harassment, excessive or anonymous calls, public humiliation, and misleading representations are explicitly prohibited.

Govt receives financial bids for IDBI Bank stake sale, says Dipam

Govt receives financial bids for IDBI Bank stake sale, says Dipam

Rediff.com7 Feb 2026

The government on Friday received financial bids for the strategic disinvestment of IDBI Bank, the Department of Investment and Public Asset Management (Dipam) said in an official statement on X.