News for '-bank'

MP cruise tragedy: Toll rises to 9, six still missing

MP cruise tragedy: Toll rises to 9, six still missing

Rediff.com1 May 2026

A tragic cruise boat accident at Bargi Dam in Jabalpur, Madhya Pradesh, has claimed nine lives after a sudden storm caused the vessel to capsize, prompting extensive rescue efforts.

How Delhi Police Busted An Interstate Cyber Fraud Syndicate

How Delhi Police Busted An Interstate Cyber Fraud Syndicate

Rediff.com18 Apr 2026

Delhi Police have dismantled an interstate cyber fraud syndicate involved in an online investment scam, arresting four individuals. The accused allegedly defrauded victims by promising high returns on online trading platforms and coercing them into depositing more money.

India's Forex Reserves Surge Past $700 Billion

India's Forex Reserves Surge Past $700 Billion

Rediff.com17 Apr 2026

India's foreign exchange reserves have surged by $3.825 billion to reach $700.946 billion as of April 10, marking a significant milestone for the country's financial stability.

Kota Police Nab Two in 'Mule Hunter' Cybercrime Crackdown

Kota Police Nab Two in 'Mule Hunter' Cybercrime Crackdown

Rediff.com17 Apr 2026

Kota police, under the 'Mule Hunter' campaign, have arrested two individuals for allegedly committing online fraud, targeting victims as far away as Murshidabad, West Bengal. The arrests followed an analysis of suspected mule accounts and mobile numbers, revealing fraudulent transactions and prompting charges under the Bharatiya Nyaya Sanhita and the IT Act.

Chicago University Honours Ex-CEA Krishnamurthy Subramanian

Chicago University Honours Ex-CEA Krishnamurthy Subramanian

Rediff.com1 May 2026

The University of Chicago has conferred its Alumni Award for Professional Achievement to India's former chief economic adviser Krishnamurthy V Subramanian, the first Indian economist to receive the honour since 1941.

Congress Leader Urges Focus On Polls, Not CM Candidate

Congress Leader Urges Focus On Polls, Not CM Candidate

Rediff.com23 Apr 2026

Congress leader P T Ajay Mohan has discouraged discussions on who should be the CM before the Assembly poll results, expected on May 4.

How Delhi Police Busted Cyber Lottery Fraud Racket

How Delhi Police Busted Cyber Lottery Fraud Racket

Rediff.com17 Apr 2026

Delhi Police have dismantled a cyber fraud operation that swindled a railway employee out of approximately Rs 60,000 under the guise of an online lottery. The investigation led to multiple arrests and uncovered a network using fake identities to open bank accounts for illicit transactions.

NSE-listed companies increase CSR spending by 23% to Rs 22,212 crore in FY25

NSE-listed companies increase CSR spending by 23% to Rs 22,212 crore in FY25

Rediff.com21 Apr 2026

Companies listed on the National Stock Exchange (NSE) main board increased their Corporate Social Responsibility (CSR) expenditure by 23 per cent year-on-year to Rs 22,212 crore in 2024-25 (FY25), driven by a significant jump in average net profits, according to a PRIME Database Group report.

Interstate Cyber Fraud Syndicate Busted: Five Arrested in Delhi

Interstate Cyber Fraud Syndicate Busted: Five Arrested in Delhi

Rediff.com12 Apr 2026

Delhi Police have arrested five individuals for allegedly running an interstate cyber fraud syndicate that used mule bank accounts to launder money across India and abroad. The investigation revealed links to international handlers and the use of cryptocurrency to route funds.

CBI Takes Over Probe into 550 Crore Haryana Government Fund Embezzlement

CBI Takes Over Probe into 550 Crore Haryana Government Fund Embezzlement

Rediff.com9 Apr 2026

The CBI has registered an FIR to investigate the alleged embezzlement of 550 crore from Haryana government accounts held with IDFC First Bank, following a referral from the state government.

How investors will benefit if banks start lending to Reits

How investors will benefit if banks start lending to Reits

Rediff.com6 Feb 2026

The Reserve Bank of India on Friday proposed to allow banks to lend to Real Estate Investment Trusts (REITs) with certain prudential safeguards to deepen the financing pool for the real estate sector.

Nine Arrested In Delhi Coaching Scam: What We Know

Nine Arrested In Delhi Coaching Scam: What We Know

Rediff.com1 May 2026

The Anti-Corruption Branch (ACB) has arrested nine individuals linked to coaching institutes in connection with an alleged Rs 37.20-crore scam involving a Delhi government scheme.

How RBI Plans To Protect Your Money From Scams

How RBI Plans To Protect Your Money From Scams

Rediff.com16 Apr 2026

The proposed solution is a one-hour delay for digital transactions exceeding Rs 10,000, particularly when the transfer is made to a new or unverified beneficiary. The idea is simple -- give users a window to reconsider, detect fraud or alert their bank before the funds are irretrievably transferred.

Kerala Man Arrested in Connection with Rs 4.5 Million Investment Scam

Kerala Man Arrested in Connection with Rs 4.5 Million Investment Scam

Rediff.com13 Apr 2026

Delhi Police have arrested a key accused from Kerala in connection with an interstate investment fraud case involving over Rs 4.5 million. The accused, Jamsheed K, is alleged to have been a 'money handler' in the fraud network.

Govt issues updated SOP for processing FDI applications

Govt issues updated SOP for processing FDI applications

Rediff.com5 May 2026

The Indian government has issued an updated Standard Operating Procedure (SOP) for processing Foreign Direct Investment (FDI) applications, aiming to clear all proposals within 12 weeks, a two-week extension from the previous 10-week target, to ensure a fully paperless and transparent process.

Indian Engineer Investigated for Corruption After Discovery of 14 Crore in Assets

Indian Engineer Investigated for Corruption After Discovery of 14 Crore in Assets

Rediff.com11 Apr 2026

An Assistant Executive Engineer in Belagavi, India, is under investigation after the Lokayukta discovered disproportionate assets worth over 14 crore, including gold, silver, bank deposits, and properties.

Ex-PNB Officials Jailed in Rs 1.57 Crore Loan Fraud Case

Ex-PNB Officials Jailed in Rs 1.57 Crore Loan Fraud Case

Rediff.com10 Apr 2026

A special CBI court in Ahmedabad convicted eight individuals, including three retired Punjab National Bank (PNB) officials, in a 2016 loan fraud case that resulted in a loss of Rs 1.57 crore to the bank.

Indian Engineer Investigated for Alleged Corruption After Discovery of Disproportionate Assets

Indian Engineer Investigated for Alleged Corruption After Discovery of Disproportionate Assets

Rediff.com11 Apr 2026

An Assistant Executive Engineer in Belagavi, India, is under investigation after authorities discovered disproportionate assets worth over Rs 14 crore, including gold, silver, bank deposits, and properties.

Amit Shah Accuses Mamata Banerjee Of Turning Kolkata Into 'City Of Slums'

Amit Shah Accuses Mamata Banerjee Of Turning Kolkata Into 'City Of Slums'

Rediff.com22 Apr 2026

Union Home Minister Amit Shah has accused the TMC government of turning Kolkata into a 'city of slums' and using infiltrators as a vote bank, sparking a strong reaction from the TMC, which accused him of insulting the people of Bengal.

Nationwide Cyber Fraud Network Busted; 38 Arrested In Rajasthan

Nationwide Cyber Fraud Network Busted; 38 Arrested In Rajasthan

Rediff.com22 Apr 2026

Police in Rajasthan have arrested 38 individuals involved in a nationwide cyber fraud network, unearthing scams worth over Rs 10 crore under 'Operation Mule Hunt'. The accused operated from various locations, including Dubai, and lured victims through investment, trading, and escort service schemes.

What The Opposition Must Learn From Mamata's Defeat

What The Opposition Must Learn From Mamata's Defeat

Rediff.com6 May 2026

'If the Opposition associates itself too much with the minorities, then it becomes easy for the BJP to get Hindu consolidation votes.'

Odisha forest department buys Mahindra Thars from disaster fund, finds CAG

Odisha forest department buys Mahindra Thars from disaster fund, finds CAG

Rediff.com20 Apr 2026

A special audit by the Comptroller and Auditor General (CAG) has revealed that Odisha's forest and environment department sidestepped central guidelines, procuring and customising Mahindra Thar SUVs worth 17 crore from the State Disaster Response Fund (SDRF) for forest protection, despite the funds being earmarked for 'preparedness and capacity building'.

J&K Governor Accuses Pakistan Of Pushing Drugs

J&K Governor Accuses Pakistan Of Pushing Drugs

Rediff.com3 May 2026

Jammu and Kashmir Lieutenant Governor Manoj Sinha has accused Pakistan of targeting the region's youth by flooding the streets with drugs, vowing to combat the menace and protect the younger generation.

Man Held With Charas Worth 1.5 Crore On Nepal Border

Man Held With Charas Worth 1.5 Crore On Nepal Border

Rediff.com26 Apr 2026

A joint team of the Anti-Narcotics Task Force and police arrested an alleged drug smuggler along the Indo-Nepal border and seized 6.77 kg of charas, valued at around Rs 1.50 crore.

Delhi Men Arrested Over Fake Online Trading Scheme

Delhi Men Arrested Over Fake Online Trading Scheme

Rediff.com20 Apr 2026

Two men have been arrested in Delhi for allegedly defrauding a resident of Rs 2 lakh through a fake online trading scheme.

UPI transactions dip 1.7% by value in April after record March

UPI transactions dip 1.7% by value in April after record March

Rediff.com2 May 2026

Unified Payments Interface (UPI) transaction value and volume saw a slight month-on-month dip in April after record highs in March, but daily transaction volumes increased, indicating sustained growth in digital payments across India.

Delhi Police Crackdown: Assets of Notorious Criminal Frozen

Delhi Police Crackdown: Assets of Notorious Criminal Frozen

Rediff.com15 Apr 2026

Delhi Police have frozen assets worth approximately Rs 5 crore belonging to a notorious criminal involved in organised crime, including illegal gambling, in northwest Delhi.

High Crude Prices, Global Cues Drag Indian Stock Markets Lower

High Crude Prices, Global Cues Drag Indian Stock Markets Lower

Rediff.com30 Apr 2026

Indian benchmark stock indices, Sensex and Nifty, closed nearly 1 per cent lower due to surging crude oil prices, weak global market trends, and significant foreign fund outflows, with geopolitical tensions and inflation concerns further dampening investor sentiment.

Sensex Jumps 919 Points as Financial Stocks Lead Market Rebound

Sensex Jumps 919 Points as Financial Stocks Lead Market Rebound

Rediff.com10 Apr 2026

Indian benchmark indices Sensex and Nifty surged over 1 per cent, with the Sensex jumping 918.60 points, driven by strong buying in banking and financial counters and a positive trend in global equities, fuelled by hopes of easing West Asia tensions.

Indian Markets Extend Losses as Crude Oil Breaches $100 Amid US-Iran Standoff

Indian Markets Extend Losses as Crude Oil Breaches $100 Amid US-Iran Standoff

Rediff.com23 Apr 2026

Indian stock markets experienced a second consecutive day of losses, with the Sensex tumbling 852 points, as crude oil prices surpassed USD 100 per barrel due to stalled US-Iran negotiations and escalating geopolitical tensions in West Asia.

How A Fake Payment Executive Scammed Delhi Shopkeepers

How A Fake Payment Executive Scammed Delhi Shopkeepers

Rediff.com17 Apr 2026

A 20-year-old man was arrested for allegedly posing as an employee of a digital payment platform and duping shopkeepers in East Delhi by claiming to check defective sound boxes.

Five Injured in Begusarai Crude Bomb Explosion During Search Operation

Five Injured in Begusarai Crude Bomb Explosion During Search Operation

Rediff.com11 Apr 2026

Five officials, including three members of the Special Task Force (STF), sustained injuries in a crude bomb explosion in Begusarai district, Bihar, during a search operation related to robbery cases.

Stock markets today: Sensex, Nifty50 fall in early trade dragged by IT firms

Stock markets today: Sensex, Nifty50 fall in early trade dragged by IT firms

Rediff.com22 Apr 2026

Indian benchmark equity indices, Sensex and Nifty, experienced a decline in early trade, ending a three-day rally, primarily due to heavy selling in IT stocks and concerns over prolonged instability in West Asia.

Andrew Holland: 'I'd Lean Towards 60-70% in Largecaps'

Andrew Holland: 'I'd Lean Towards 60-70% in Largecaps'

Rediff.com28 Apr 2026

'... with the rest split between mid and smallcaps, as valuations are becoming more attractive across segments.'

Food Samples Analysed In Mumbai Family Death Case

Food Samples Analysed In Mumbai Family Death Case

Rediff.com28 Apr 2026

Samples of food consumed by a Mumbai family of four, who died of suspected food poisoning, have been sent for chemical analysis. Police are also investigating potential stress factors and the possibility of suicide.

Indian Equities Rebound: BSE 500 Up 12.1% in April Amidst Geopolitical Risks

Indian Equities Rebound: BSE 500 Up 12.1% in April Amidst Geopolitical Risks

Rediff.com30 Apr 2026

Indian equities are experiencing their sharpest rebound in years, with the BSE 500 index rallying 12.1 per cent so far this month, echoing Covid-era recoveries despite ongoing geopolitical uncertainty and earnings risks.

Banking services impacted as unions go on nationwide strike

Banking services impacted as unions go on nationwide strike

Rediff.com27 Jan 2026

Banking operations at public sector banks across the country were impacted on Tuesday as the United Forum of Bank Unions (UFBU) went on nationwide strike demanding the immediate implementation of a five-day work week.

Navi Mumbai E-Service Operator Booked For Alleged Loan Fraud

Navi Mumbai E-Service Operator Booked For Alleged Loan Fraud

Rediff.com27 Apr 2026

An e-service centre operator in Navi Mumbai is accused of defrauding multiple individuals of over Rs 20 lakh by promising business loans under the 'Stand-Up India' scheme and then disappearing after collecting processing fees.

Delhi Police Uncover Rs 3.6 Crore Cyber Fraud Operation

Delhi Police Uncover Rs 3.6 Crore Cyber Fraud Operation

Rediff.com9 Apr 2026

Delhi Police have arrested two men for allegedly running a cyber fraud racket involving over Rs 3.60 crore. The accused used mule bank accounts and a social media application to defraud victims. The investigation revealed links to an international cyber fraud network and training in Cambodia.

RBI Suggests Lagged Credit and 'Kill Switch' to Fight Payment Fraud

RBI Suggests Lagged Credit and 'Kill Switch' to Fight Payment Fraud

Rediff.com9 Apr 2026

The Reserve Bank of India (RBI) has proposed new measures to combat financial fraud in digital payments, including lagged credit for authorised push payments and a 'kill switch' for users to disable all digital transactions.