News for '-bank'

Assam Gets Rs 1,400 Crore Brahmaputra Bridge

Assam Gets Rs 1,400 Crore Brahmaputra Bridge

Rediff.com22 Jun 2026

The new bridge will come up alongside the existing crossings at Saraighat, where two bridges currently connect the north and south banks of the Brahmaputra -- the iconic road-cum-rail Saraighat Bridge and a separate road bridge.

India's Remittances Stay Strong Amidst West Asia Conflict

India's Remittances Stay Strong Amidst West Asia Conflict

Rediff.com18 Jun 2026

India's remittance inflows have remained robust despite the West Asia conflict, driven by precautionary transfers and diversification of remittance sources, with bankers expecting continued stability for the year.

How Gurugram Police Uncovered A Rs 78 Lakh Digital Arrest Fraud

How Gurugram Police Uncovered A Rs 78 Lakh Digital Arrest Fraud

Rediff.com6 Jun 2026

Gurugram police have arrested two individuals, Mohammad Saif Ali and Saurabh Kumar, for their involvement in a Rs 78 lakh digital arrest cyber fraud. The victim was coerced into transferring money after being intimidated by a scammer posing as a police officer. Investigations revealed that one of the accused's bank accounts, used to receive defrauded funds, was linked to 52 other fraudulent transactions.

HDFC Bank's Q4 Profit Jumps 8%, Cautions on West Asia Conflict for Small Businesses

HDFC Bank's Q4 Profit Jumps 8%, Cautions on West Asia Conflict for Small Businesses

Rediff.com18 Apr 2026

HDFC Bank reported an 8.04 per cent increase in its March quarter consolidated net profit to Rs 20,350.76 crore, but highlighted potential near-term risks for small-business borrowers due to the West Asia conflict. The bank's CEO also addressed the recent resignation of its non-executive chairman and hinted at a potential top-level reorganisation.

How Delhi Police Uncovered A Major Cyber Fraud Network

How Delhi Police Uncovered A Major Cyber Fraud Network

Rediff.com6 Jun 2026

Delhi Police have dismantled an interstate cyber fraud syndicate, arresting three key operatives involved in siphoning off money through unauthorised banking transactions. The police successfully froze approximately Rs 4 lakh of the Rs 4.82 lakh stolen from a victim's account and recovered numerous debit cards, SIM cards, and mobile phones used in the operation.

Mrs Kerala Runner-Up Arrested In Rs 11.8 Crore Drug Smuggling Case

Mrs Kerala Runner-Up Arrested In Rs 11.8 Crore Drug Smuggling Case

Rediff.com12 Jun 2026

A 29-year-old private bank employee and former 'Mrs Kerala' beauty pageant runner-up, Harsha Sunny, has been arrested by Mumbai Customs for allegedly smuggling 11.8 kg of hydroponic weed, valued at Rs 11.8 crore, from Bangkok. She claims she was unaware of the bag's contents, stating she was exploited by traffickers.

Avoid Costly Mistakes In ITR Filing

Avoid Costly Mistakes In ITR Filing

Rediff.com24 Jun 2026

With more granular reporting and enhanced data matching, mismatches are likely to be identified more quickly.

Operation Mule Hunt 2.0 Uncovers Massive Cyber Fraud Network

Operation Mule Hunt 2.0 Uncovers Massive Cyber Fraud Network

Rediff.com8 Jun 2026

Patan Police have busted a large-scale cyber fraud racket, arresting 14 individuals involved in illegal transactions worth Rs 398.43 crore through 13 'mule accounts'. The operation, dubbed "Operation Mule Hunt 2.0", uncovered a network linked to 228 inter-state cyber fraud complaints, where individuals were lured to open bank accounts used to channel proceeds of cyber crimes.

Chairman Exit Exposes HDFC Bank Power Clash: FT

Chairman Exit Exposes HDFC Bank Power Clash: FT

Rediff.com27 Mar 2026

The Financial Times, citing multiple bankers and shareholders, reports that the real tensions ran far deeper than compliance concerns.

Inflation likely to remain contained:FinMin report

Inflation likely to remain contained:FinMin report

Rediff.com1 Jul 2026

India's finance ministry anticipates inflation will remain relatively contained in the coming months, supported by a correction in crude oil prices and softening input costs following the cessation of the West Asia conflict, despite earlier spikes in wholesale and retail inflation.

Haryana Bank Official Arrested in 150 Crore Panchkula Municipal Funds Scam

Haryana Bank Official Arrested in 150 Crore Panchkula Municipal Funds Scam

Rediff.com8 Apr 2026

A private bank official has been arrested in Haryana in connection with a 150 crore discrepancy in the accounts of Panchkula Municipal Corporation.

Sensex, Nifty extend gains as US-Iran peace deal cools crude oil prices

Sensex, Nifty extend gains as US-Iran peace deal cools crude oil prices

Rediff.com17 Jun 2026

Indian benchmark indices, Sensex and Nifty, extended their winning streak for a fourth consecutive session, driven by a significant drop in crude oil prices following a peace deal between the US and Iran. This development has fuelled investor confidence and buying activity across the market.

FPIs Withdraw Rs 62,800 Crore from Indian Equities in First Fortnight of June

FPIs Withdraw Rs 62,800 Crore from Indian Equities in First Fortnight of June

Rediff.com14 Jun 2026

Foreign Portfolio Investors (FPIs) have withdrawn over Rs 62,853 crore from Indian equities in the first fortnight of June, bringing the total outflows for 2026 to Rs 2.87 lakh crore, surpassing the entire 2025 figure, driven by geopolitical tensions, global economic growth concerns, and a weakening rupee.

India Inc payout to shareholders grows slower than profit for third straight year

India Inc payout to shareholders grows slower than profit for third straight year

Rediff.com17 Jun 2026

Shareholder payouts by India Inc, including dividends and buybacks, increased by 2.2 per cent year-on-year in FY26 to $5.06 trillion, but this growth lagged the 18.8 per cent rise in reported net profit for the third consecutive year, leading to the lowest dividend payout ratio in 12 years.

How Delhi Police Uncovered A Major Cyber Fraud Ring

How Delhi Police Uncovered A Major Cyber Fraud Ring

Rediff.com8 Jun 2026

Delhi Police have arrested two men in Jaipur, busting a mule account syndicate that allegedly routed proceeds from cyber frauds through multiple bank accounts. The investigation began after a Delhi resident lost Rs 1.91 lakh, leading to the discovery of a sophisticated money-laundering operation involving loan repayments.

CBI to Probe 590 Crore Embezzlement from Haryana Government's IDFC Bank Accounts

CBI to Probe 590 Crore Embezzlement from Haryana Government's IDFC Bank Accounts

Rediff.com9 Apr 2026

The Central Bureau of Investigation (CBI) is set to take over the investigation into the embezzlement of 590 crore from Haryana government accounts held with IDFC First Bank in Chandigarh. The Haryana government decided to hand over the probe to the central agency last month following allegations that funds were diverted for personal use through shell companies and real estate investments.

Shares of life insurers dip as DFS calls for end to exclusive bank tie-ups

Shares of life insurers dip as DFS calls for end to exclusive bank tie-ups

Rediff.com22 Apr 2026

Shares of Indian life insurance companies, particularly SBI Life Insurance and Canara HSBC Life Insurance, saw significant declines after the Department of Financial Services (DFS) secretary, M Nagaraju, stated that banks are being asked to avoid exclusive tie-ups with their own insurance subsidiaries and instead remain neutral.

Sensex, Nifty dip in volatile trade as profit-taking hits banking stocks

Sensex, Nifty dip in volatile trade as profit-taking hits banking stocks

Rediff.com16 Apr 2026

Indian benchmark indices Sensex and Nifty closed lower in a volatile session due to profit-taking in banking and financial shares, despite earlier gains driven by easing geopolitical tensions. Analysts suggest investors remain cautious and are not aggressively chasing the recent rally.

How Delhi Police Uncovered A Cyber Fraud Mule Account Network

How Delhi Police Uncovered A Cyber Fraud Mule Account Network

Rediff.com7 Jun 2026

Delhi Police have arrested two individuals from Haryana for their alleged involvement in facilitating cyber fraud through mule bank accounts. The arrests were made during an investigation into an online investment scam that defrauded a senior citizen of over Rs 1.69 lakh.

Why HDFC Bank Chairman Atanu Chakraborty Resigned

Why HDFC Bank Chairman Atanu Chakraborty Resigned

Rediff.com20 Mar 2026

Atanu Chakraborty has resigned as chairman of HDFC Bank, citing ethical concerns, marking an unusual departure and prompting the appointment of an interim chairman.

Stock Markets Today: Sensex, Nifty50 Surge on Gains in Banking Stocks

Stock Markets Today: Sensex, Nifty50 Surge on Gains in Banking Stocks

Rediff.com10 Apr 2026

Indian markets on Dalal Street rallied sharply as easing tensions in the US-Iran conflict and stable oil prices boosted sentiment. Track Nifty 50 and BSE Sensex performance and key global triggers.

Wrongly Credited NSE Shares Spark Battle

Wrongly Credited NSE Shares Spark Battle

Rediff.com29 Jun 2026

NSE's draft prospectus discloses a legal dispute over 5,000 shares allegedly transferred by mistake into an individual investor's demat account.

'No Governance Issue In HDFC Bank'

'No Governance Issue In HDFC Bank'

Rediff.com20 Mar 2026

'Being an important institution in the banking system, we are subject to regulatory supervision, both offsite and onsite.' 'When you look at the intensity at which these levels of supervision come, we, on the board and in management, believe there should not be any surprises.'

ICICI Bank's Q4 consolidated net profit rises 9.28% to Rs 14,755 crore

ICICI Bank's Q4 consolidated net profit rises 9.28% to Rs 14,755 crore

Rediff.com18 Apr 2026

ICICI Bank reported a 9.28 per cent increase in its consolidated net profit to Rs 14,755 crore for the March quarter of FY26, primarily driven by a nearly 90 per cent reduction in provisioning. The bank's executive director, Sandeep Batra, noted strong asset growth but expressed caution regarding the geopolitical situation in West Asia.

WhatsApp Is Changing. Are You Safe?

WhatsApp Is Changing. Are You Safe?

Rediff.com3 Jul 2026

WhatsApp is finally letting you hide your phone number behind a custom username. While it's a massive win for privacy, cybersecurity experts warn it could unleash a wave of identity scams. Here is what you need to know.

'We have let Pakistan...': Sonia slams Modi govt's 'stony silence' on Gaza 'genocide'

'We have let Pakistan...': Sonia slams Modi govt's 'stony silence' on Gaza 'genocide'

Rediff.com27 Jun 2026

Sonia Gandhi criticised PM Modi's Israel visit, calling it a "bewildering strategic decision" amid the regional conflict.

Banks' gold loan portfolio surged 128% in Feb

Banks' gold loan portfolio surged 128% in Feb

Rediff.com31 Mar 2026

Loans against gold jewellery in India surged by an impressive 128 per cent year-on-year to nearly 4.28 trillion in February 2026, according to the latest Reserve Bank of India (RBI) data, significantly outpacing overall retail loan growth.

IT Firm Harassment Case: Police Investigate Bank Accounts for Funding Links

IT Firm Harassment Case: Police Investigate Bank Accounts for Funding Links

Rediff.com14 Apr 2026

Police are investigating the bank accounts of those arrested in connection with the sexual harassment and religious conversion case involving women employees of an IT firm in Nashik to determine if they received funds for illegal activities. A special investigation team (SIT) is handling the case.

Sensex, Nifty Rebound as Global Markets Recover, Geopolitical Tensions Ease

Sensex, Nifty Rebound as Global Markets Recover, Geopolitical Tensions Ease

Rediff.com9 Jun 2026

Indian benchmark equity indices Sensex and Nifty closed higher, recovering from previous losses, driven by a global market rebound, a pause in Israel-Iran hostilities, and a rally in bank stocks.

NSE IPO Set To Mint Fortunes

NSE IPO Set To Mint Fortunes

Rediff.com19 Jun 2026

With momentum building around the IPO, the NSE saw a surge in retail investors in the last two years, making it one of the widely traded stocks in the unlisted market.

7 Eco-Friendly Father's Day Gifts

7 Eco-Friendly Father's Day Gifts

Rediff.com21 Jun 2026

Look for a meangingful gift for your dad this June.

Marc Faber: 'Indian Markets Can Go Down 20 Per Cent'

Marc Faber: 'Indian Markets Can Go Down 20 Per Cent'

Rediff.com23 Jun 2026

'India has initiated a bear market and we will still go lower. It has nothing to do with the economy.'

Congress MLA and Former Bank Employee Sentenced in Cheating Case

Congress MLA and Former Bank Employee Sentenced in Cheating Case

Rediff.com2 Apr 2026

A Delhi court sentenced Madhya Pradesh Congress MLA Rajendra Bharti and a former bank employee to three years' imprisonment each in a cheating case involving the forging of bank records to obtain illegal interest payments between 1998 and 2011.

T20 World Cup: We want to play aggressive brand of cricket vs Australia, says Smriti Mandhana

T20 World Cup: We want to play aggressive brand of cricket vs Australia, says Smriti Mandhana

Rediff.com27 Jun 2026

Vice-captain Smriti Mandhana on Saturday said India will play an "aggressive brand of cricket" against Australia in the must-win Women's T20 World Cup match in London.

Two Arrested in Delhi for Posing as Bank Callers in Credit Card Scam

Two Arrested in Delhi for Posing as Bank Callers in Credit Card Scam

Rediff.com13 Apr 2026

Delhi Police have arrested two individuals for allegedly defrauding a man of Rs 2.45 lakh by impersonating bank customer care representatives and fraudulently using his credit card details.

Chairman's Resignation: HDFC Bank Faces Legal Debate

Chairman's Resignation: HDFC Bank Faces Legal Debate

Rediff.com25 Mar 2026

HDFC Bank is engaging external legal firms, both domestic and international, to investigate the circumstances surrounding former part-time chairman Atanu Chakraborty's resignation.

RBI's Capital Inflow Measures Ease Long Bond Fears, But Fund Managers Remain Cautious

RBI's Capital Inflow Measures Ease Long Bond Fears, But Fund Managers Remain Cautious

Rediff.com16 Jun 2026

Despite the Reserve Bank of India's (RBI) and the government's recent initiatives to attract foreign capital, which are expected to alleviate pressure on long-duration bonds, most debt fund managers are maintaining a cautious stance, favouring shorter-duration papers due to global uncertainties and potential future rate hikes.

Maruti Launches RD-Backed Car Loan

Maruti Launches RD-Backed Car Loan

Rediff.com6 Jun 2026

The scheme, called 'Suhana Safar', targeted customers who aspire to own a car but were hesitant because of concerns around arranging the down payment or managing future EMI obligations.

World Bank: Remove AI Barriers to Boost Business and Jobs

World Bank: Remove AI Barriers to Boost Business and Jobs

Rediff.com9 Apr 2026

World Bank South Asia Chief Economist Franziska Ohnsorge advocates for the removal of obstacles hindering the adoption of artificial intelligence to foster business growth and job creation, particularly in South Asia.

Cyber Fraud Syndicate Busted in Delhi: 14 Arrested for Providing Mule Bank Accounts

Cyber Fraud Syndicate Busted in Delhi: 14 Arrested for Providing Mule Bank Accounts

Rediff.com11 Apr 2026

Delhi Police have dismantled a cyber fraud syndicate involved in providing mule bank accounts, arresting 14 individuals across multiple locations. The syndicate allegedly supplied bank accounts, SIM cards, and ATM cards to fraudsters running fake investment schemes and online job scams, laundering the proceeds through these accounts.