News for '-bank'

Lost Your Job? Protect Your Finances

Lost Your Job? Protect Your Finances

Rediff.com6 hours ago

List all unavoidable expenses such as rent, groceries, transportation, education and medical bills.

SC seeks Centre's report on implementation of NEET reforms

SC seeks Centre's report on implementation of NEET reforms

Rediff.com7 days ago

The Supreme Court has directed the Centre to submit an affidavit detailing the steps taken to implement the recommendations of the Radhakrishnan panel and the Nandan Nilekani committee for institutionalising reforms in the National Testing Agency (NTA) and improving NEET exam processes.

Sensex, Nifty Fall for 5th Day on Crude Price Surge, West Asia Crisis

Sensex, Nifty Fall for 5th Day on Crude Price Surge, West Asia Crisis

Rediff.com17 Aug 2026

Indian benchmark indices, Sensex and Nifty, continued their downward trend for the fifth consecutive day, with the Sensex dropping 281 points and Nifty falling 78 points, primarily driven by surging crude oil prices and persistent geopolitical tensions in West Asia.

TN CM Vijay waives cooperative farm loans up to Rs 75,000

TN CM Vijay waives cooperative farm loans up to Rs 75,000

Rediff.com17 Aug 2026

Tamil Nadu Chief Minister C Joseph Vijay announced a comprehensive waiver of cooperative farm loans, providing full relief for loans up to Rs 75,000 and partial waivers for higher amounts, benefiting over 1.38 lakh farmers with an additional financial commitment of Rs 953.06 crore.

The new age of bullion: Why investors are choosing ETFs over lockers

The new age of bullion: Why investors are choosing ETFs over lockers

Rediff.com5 days ago

Today, many investors are less concerned about holding bullion physically. What matters more is gaining exposure to price movements. As a result, the new-age investment trend has shifted more towards ETFs.

TCS inks 1.25 billion Porsche deal, acquires German auto giant's IT unit MHP

TCS inks 1.25 billion Porsche deal, acquires German auto giant's IT unit MHP

Rediff.com1 days ago

Tata Consultancy Services (TCS) has announced a five-year strategic deal with German automaker Porsche AG worth 1.25 billion (nearly 14,000 crore), which includes the acquisition of Porsche's wholly-owned subsidiary MHP Management- und IT-Beratung GmbH for 320 million (around 3,574 crore). This move is set to significantly expand TCS's consulting footprint in Germany and the broader European market, giving it access to MHP's customer base and specialised talent.

India's Balance of Payments Deficit Expands to $8.1 Billion in Q1FY27

India's Balance of Payments Deficit Expands to $8.1 Billion in Q1FY27

Rediff.com15 Aug 2026

India's balance of payments (BoP) recorded an $8.1 billion deficit in the first quarter of 2026-27 (Q1FY27), a significant increase from a $4.5 billion surplus in the corresponding period of the previous year, primarily driven by a sharp reversal in portfolio flows.

Former AAP minister Satyendar Jain among 6 held in Jal Board tender scam

Former AAP minister Satyendar Jain among 6 held in Jal Board tender scam

Rediff.com7 days ago

Former Delhi minister Satyendar Jain and ex-Delhi Jal Board CEO Udit Prakash Rai are among six individuals arrested by the Anti-Corruption Branch (ACB) in connection with an alleged corruption case. The case involves irregularities and manipulation in the tendering process for sewage treatment plant projects of the Delhi Jal Board, with allegations of favouring a specific technology provider and significant financial implications for the government exchequer. The investigation has also revealed a money trail involving substantial transfers to the accused.

Modi announces overhaul of civil defence in Independence Day address

Modi announces overhaul of civil defence in Independence Day address

Rediff.com15 Aug 2026

Prime Minister Narendra Modi has announced plans to modernise India's civil defence volunteer force, stating that the existing system, designed for conventional wars, is inadequate against contemporary threats targeting critical infrastructure like refineries, banks, and data centres.

Alonso banks on Rogers and Palmer chemistry to lead Chelsea's rebuild

Alonso banks on Rogers and Palmer chemistry to lead Chelsea's rebuild

Rediff.com27 Jul 2026

England midfielder Morgan Rogers is an ideal signing for Chelsea and could form an exciting partnership with midfielder Cole Palmer, new manager Xabi Alonso said on Monday.

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.

Massive flash flood sweeps through Nepal border, 4 dead

Massive flash flood sweeps through Nepal border, 4 dead

Rediff.com29 minutes ago

A sudden and massive flash flood originating from the Tibetan side of the Bhote Koshi River has swept through central Nepal, killing four people, causing extensive devastation in settlements, and damaging at least a dozen hydropower projects.

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.

K'taka Oppn to lay siege to assembly on Monday over DKS minister's removal

K'taka Oppn to lay siege to assembly on Monday over DKS minister's removal

Rediff.com2 days ago

Leader of the Opposition in the Karnataka assembly R Ashoka on Sunday announced that the Bharatiya Janata Party and its ally Janata Dal-Secular would lay siege to Vidhana Soudha in Bengaluru on August 24 seeking the removal of planning and statistics minister B Nagendra from the cabinet.

SBI's Q1 net profit surges 14% to Rs 24,113 crore, driven by robust core income and reduced provisions

SBI's Q1 net profit surges 14% to Rs 24,113 crore, driven by robust core income and reduced provisions

Rediff.com7 Aug 2026

State Bank of India (SBI) reported a 13.73 per cent increase in its June quarter consolidated net profit, reaching Rs 24,113 crore, primarily due to improved core income and a decline in provisions for non-performing assets.

Sebi streamlines FPI onboarding, allows digitally signed Power of Attorney

Sebi streamlines FPI onboarding, allows digitally signed Power of Attorney

Rediff.com5 days ago

India's capital markets regulator, Sebi, has simplified the onboarding process for foreign portfolio investors (FPIs) by permitting them to submit a digitally signed Power of Attorney (PoA) to their custodians, eliminating the need for notarisation or apostillisation.

Motorola Edge 70 Max Has Android 16, 90W Charging

Motorola Edge 70 Max Has Android 16, 90W Charging

Rediff.com5 days ago

The Motorola Edge 70 Max is a feature-packed smartphone that combines a Snapdragon 8 Gen 5 processor, a 144 Hz AMOLED display and a 7,100 mAh battery claiming to deliver up to 58 hours of battery life.

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.

Rayhan Thomas, Mahanth Chirravuri Make Strong Start At Korn Ferry Event

Rayhan Thomas, Mahanth Chirravuri Make Strong Start At Korn Ferry Event

Rediff.com4 days ago

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.

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.

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.

Why Women Remain Under-Represented In Cabinets

Why Women Remain Under-Represented In Cabinets

Rediff.com18 Aug 2026

Lack of women in Karnataka's new council of ministers has put the spotlight once again on women's under-representation in politics and policy.

Polymer rupee notes may be a reality in FY28

Polymer rupee notes may be a reality in FY28

Rediff.com5 Aug 2026

RBI Governor Sanjay Malhotra announced plans to launch long-lasting polymer currency notes by the next financial year. He also discussed the central bank's data-dependent approach to interest rates, its focus on aligning inflation with the 4 per cent target, and the orderly trajectory of the rupee amidst geopolitical tensions.

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.

Infantino faces fresh threat ahead of FIFA election

Infantino faces fresh threat ahead of FIFA election

Rediff.com1 days ago

FIFA President Gianni Infantino is campaigning for re-election by positioning himself as the advocate for less wealthy football nations, while UEFA President Aleksander Ceferin has ruled out running against him but anticipates an opposition candidate.

Indian Equities End Flat as High Crude Prices, US Yields Cap Gains

Indian Equities End Flat as High Crude Prices, US Yields Cap Gains

Rediff.com4 days ago

Indian benchmark indices, Sensex and Nifty, closed flat on Friday, with elevated crude oil prices due to geopolitical uncertainties and a rebound in US Treasury yields making investors cautious and preventing a decisive market rally.

India's Forex Kitty Swells by $10.5 Billion to $692.87 Billion

India's Forex Kitty Swells by $10.5 Billion to $692.87 Billion

Rediff.com7 Aug 2026

India's foreign exchange reserves saw a significant increase of $10.512 billion, reaching $692.866 billion for the week ending July 31, driven by a rise in foreign currency assets and gold reserves.

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.

Can TCS Survive Chandra's Exit?

Can TCS Survive Chandra's Exit?

Rediff.com2 days ago

N Chandrasekaran's exit marks a major shift for TCS, leaving its leadership to navigate AI disruption without the group chairman's deep expertise.

West Asia Tensions, Fed Minutes to Shape Gold and Silver's Next Move

West Asia Tensions, Fed Minutes to Shape Gold and Silver's Next Move

Rediff.com16 Aug 2026

Gold and silver prices are anticipated to maintain a positive trajectory in the coming week, with market volatility expected to remain high due to ongoing developments in West Asia and upcoming global economic data, particularly the Federal Reserve's FOMC meeting minutes.

RBI MPC members hint at rate hikes as inflation risks persist

RBI MPC members hint at rate hikes as inflation risks persist

Rediff.com6 days ago

Members of the Reserve Bank of India's (RBI) Monetary Policy Committee (MPC) have indicated that interest rate hikes may be necessary sooner rather than later, as headline inflation is projected to rise from its current benign levels in the coming months, according to the minutes of the August review.

RBI extends loan recovery norms implementation to 2027, eases some rules

RBI extends loan recovery norms implementation to 2027, eases some rules

Rediff.com7 Aug 2026

The Reserve Bank of India (RBI) has extended the implementation date for its revised loan recovery and agent engagement directions to January 1, 2027, from the previously proposed October 1, 2026, following stakeholder feedback.

RBI keeps key interest rate same amid inflation, global risks

RBI keeps key interest rate same amid inflation, global risks

Rediff.com5 Aug 2026

The Reserve Bank of India (RBI) has maintained its benchmark policy rate at 5.25 per cent for the fourth consecutive meeting, prioritising clarity on inflation trends, particularly concerning energy costs and geopolitical developments.

Stock Markets Today: Sensex, Nifty gain as RBI holds rates, crude oil dips

Stock Markets Today: Sensex, Nifty gain as RBI holds rates, crude oil dips

Rediff.com6 Aug 2026

Indian benchmark indices, Sensex and Nifty, saw early gains driven by lower crude oil prices and buying in Reliance Industries, even as the Reserve Bank of India maintained its benchmark policy rate for the fourth consecutive meeting, reinforcing confidence in the domestic economy.

Wholesale Price Inflation Eases to 9.78% in July, Driven by Fuel and Food Price Moderation

Wholesale Price Inflation Eases to 9.78% in July, Driven by Fuel and Food Price Moderation

Rediff.com14 Aug 2026

India's wholesale price index (WPI) inflation marginally eased to 9.78 per cent in July 2026, down from 9.87 per cent in June, primarily due to a cooling in the prices of fuel, power, and food items, marking the first month-on-month drop under the new 2022-23 base year.

SBI MD Highlights Need For Alternative Data In MSME Lending

SBI MD Highlights Need For Alternative Data In MSME Lending

Rediff.com11 Aug 2026

A top SBI official has highlighted the challenges bankers face in lending to MSMEs using only GST data, advocating for the integration of alternative data sources like power consumption and telecom records through credit bureaus to improve credit assessment.

Rising Crude Prices, US-Iran Tensions Drag Down Indian Equities

Rising Crude Prices, US-Iran Tensions Drag Down Indian Equities

Rediff.com6 days ago

Indian benchmark equity indices, Sensex and Nifty, closed lower for multiple consecutive days, with the Nifty extending its losses to a seventh day, primarily due to elevated crude oil prices following the expiry of the US-Iran ceasefire without a diplomatic resolution.

Stock Markets Today: Sensex, Nifty Dip as Strait of Hormuz Tensions Keep Crude Prices High

Stock Markets Today: Sensex, Nifty Dip as Strait of Hormuz Tensions Keep Crude Prices High

Rediff.com13 Aug 2026

Indian benchmark indices Sensex and Nifty saw declines in early trade, primarily due to elevated crude oil prices stemming from the unresolved geopolitical situation in the Strait of Hormuz. Analysts suggest that while global sentiment improved slightly after a benign US inflation report, the ongoing US-Iran standoff continues to exert pressure on domestic equities. Track Sensex, Nifty on August 13.

Our endeavour is to bring inflation in line with target over the medium term

"Our endeavour is to bring inflation in line with target over the medium term"

Rediff.com6 Aug 2026

"Our endeavour is to bring headline inflation in line with the target over the medium term," said RBI Governor Sanjay Malhotra, addressing concerns about the central bank's policy stance and economic outlook.

Stock Markets Today: Sensex, Nifty in Red on Rising Crude Prices

Stock Markets Today: Sensex, Nifty in Red on Rising Crude Prices

Rediff.com7 days ago

Indian benchmark equity indices, Sensex and Nifty, experienced declines in early trade due to elevated crude oil prices and persistent geopolitical uncertainties, particularly following the expiry of the US-Iran ceasefire. Track Sensex, Nifty on August 19, 2026.