Digital arrest: Retired banker duped of Rs 23 crore

Cyber fraudsters posing as Enforcement Directorate (ED) and Central Bureau of Investigation (CBI) officials duped a retired banker in south Delhi's Gulmohar Park area of Rs 23 crore by allegedly......

Let my story be a warning, says ex-banker who lost Rs 23 cr

Too late. Retired banker Naresh Malhotra had lost his entire life savings to his digital captors, by the time he refused to do their bidding and threatened to go to the police. Illustration:......

Cong's bank accounts 'unfrozen' after I-T action claim

The Congress' main bank accounts were frozen on Friday over an income tax demand of Rs 210 crore but an I-T appellate tribunal later allowed it to operate them pending a further hearing next week,......

Ex-Army man, woman held for sharing sensitive info with Pak

The Gujarat Anti Terrorist Squad has arrested a retired Army man and a woman for allegedly sharing sensitive information about military establishments and personnel with Pakistani agents, officials......

Why Banks Are Struggling For Deposits

As deposit growth lags credit expansion, Indian banks face shrinking low-cost Casa inflows, rising funding costs, and structural shifts driven by UPI, e-Kuber, and digital savings trends, points......

Households Are Moving Away From Banks To Markets

For every 100 rupees, households invested Rs 45.2 in mutual funds and equities in 2024-2025. Illustration: Dominic Xavier/Rediff   Incremental flows of household savings into stock markets and......

Govt urges banks to close inoperative Jan Dhan accounts

State-owned banks have received guidance from the government to close Jan Dhan accounts whose beneficiaries are unwilling to keep them active, amid rising instances of such accounts being misused......

ICICI Bank cuts savings deposit rate by 0.25%

ICICI Bank has cut its savings account deposit interest rate by 0.25 per cent, according to the lender's website. Photograph: Shailesh Andrade/Reuters The second largest private sector bank's......

PIX: Arsenal stun Bayern Munich, go top; PSV whip Liverpool

Arsenal are now the only team in the UEFA Champions League with a maximum 15 points and look all but assured of a place in the last 16. A summary of Wednesday's action.   IMAGE: Jurrien Timber......

Pant's Noble Gesture Warms Hearts

'We extend our heartfelt appreciation for your generous gesture of personally paying the first semester admission fee.''We sincerely hope your support to underprivileged students continue.' IMAGE:......