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SC declines stay on electoral bond; seeks govt's reply

The Supreme Court on Monday sought response of the Centre and the Election Commission on a plea seeking stay on the electoral bond scheme meant for funding political parties. The top court,......

'Bharat Bandh' draws mixed response; violence in Bengal

IMAGE: Members of Centre of Indian Trade Union (CITU) block the Trivandrum Express during the nationwide 'Bharat Bandh', in Guwahati, on Wednesday. Photograph: PTI Photo Members of 10 central......

Sheena Bora Trial: Indrani and the DNA Puzzle

At the back, Indrani whispered to Accused No 2 Sanjeev Khanna: 'This is really important.'Vaihayasi Pande Daniel reports from the Sheena Bora murder trial.Illustration: Dominic Xavier/Rediff.com......

Can India trust Gota and the Rajapaksas?

New Delhi is approaching Gota with an open mind, observes N Sathiya Moorthy. IMAGE: Prime Minister Narendra Damodardas Modi greets Sri Lankan President Gotabaya Rajapaksa at Hyderabad House in New......

Sachin Bansal quits Ujjivan Small Finance Bank board

Sachin Bansal has resigned from the board of Ujjivan Small Finance Bank Ltd citing that an entity owned and controlled by him has applied for a universal banking licence, according to a regulatory......

Officers cold to oversight cadre, RBI faces staff turmoil

The deadline for officers to decide on their career path in the biggest organisational rejig in the central bank’s 85-year history ends on January 31. The immediate fallout could be its......

Coop banks saw 181 fraud cases of Rs 127 cr last year

Urban cooperative banks have reported nearly 1,000 cases of fraud worth more than Rs 220 crore in the last five fiscals, according to the Reserve Bank of India (RBI). IMAGE: Depositors of......

Will SC order help Vijay Mallya in extradition case?

A direction by Chief Justice of India S A Bobde, Justice B R Gavai, and Justice Surya Kant to the Karnataka high court asked the latter to expeditiously settle the matter of assets deposited before......

Falling sales add a new worry to corporates: Rising inventory

Net sales growth for the quarter ended December (Q3FY20) was 4.5 per cent on a year-on-year (YoY) basis for companies that have declared their results so far, compared to an 8.4 per cent rise in......

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RBI imposes ₹1-cr penalty on HDFC Bank

Our Bureau The Reserve Bank of India has imposed a penalty of ₹1 crore on HDFC Bank for non-compliance of master directions of KYC... ...

https://www.thehindubusinessline.com/money-and-banking/rbi-imposes-1-crore-penalty-on-hdfc-bank/article30684921.ece

Staff body moves Central Board

The structural change brought in by the Reserve Bank of India (RBI) recently through creation of a specialised supervisory and regulatory cadre... ...

https://www.thehindubusinessline.com/money-and-banking/rbi-restructuring-staff-body-moves-central-board/article30682670.ece

Sachin Bansal quits Ujjivan Small Finance Bank board

Sachin Bansal has resigned from the board of Ujjivan Small Finance Bank Ltd citing that an entity owned and controlled by him has applied for a... ...

http://www.rediff.com/money/report/sachin-bansal-quits-ujjivan-small-finance-bank-board/20200128.htm

Recruitment bias towards Kolkata office upsets RBI employee unions

Staff unions of the Reserve Bank of India (RBI) have alleged “a systematic effort to downgrade” the office at Kolkata, which once used to be... ...

https://www.thehindubusinessline.com/money-and-banking/recruitment-bias-towards-kolkata-office-upsets-rbi-employee-unions/article30667666.ece

Coop banks saw 181 fraud cases of Rs 127 cr last year

Urban cooperative banks have reported nearly 1,000 cases of fraud worth more than Rs 220 crore in the last five fiscals, according to the Reserve... ...

http://www.rediff.com/money/report/coop-banks-saw-181-fraud-cases-of-rs-127-cr-last-year/20200127.htm

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