News for 'All India Bank Officers Association'

Borrowing money from lending apps? Read this!

Borrowing money from lending apps? Read this!

Rediff.com11 Jan 2021

'Remember, if an app breaks the rules while giving you money, it will also break them while collecting.'

An India like no other

An India like no other

Rediff.com29 Nov 2017

Every year, for thousands of years, the Sonepur Mela, transforms a small rural town in north Bihar into a giant fair.

Is India really heading the Pakistan way?

Is India really heading the Pakistan way?

Rediff.com21 Dec 2019

India's majoritarian regime is now making a dangerously fast-paced move towards theocracy, like its western counterpart did a few decades ago, warns Mohammad Sajjad.

'She harassed me, my family members and wants a divorce'

'She harassed me, my family members and wants a divorce'

Rediff.com22 Sep 2022

In this weekly self-help series, mental health and life coach Anu Krishna tells you how to take control of your life.

Without govt's help, 25% retailers may have to down shutters

Without govt's help, 25% retailers may have to down shutters

Rediff.com8 Apr 2020

The sobering news is that retailers - including big firms like Reliance Retail - and exhibitors are contemplating issuing force majeure notices to shopping malls and real estate owners, and are in discussions with them to formulate an action plan for sharing the financial burden of the lockdown.

Decade on, Jaypee Infratech customers still waiting for a home

Decade on, Jaypee Infratech customers still waiting for a home

Rediff.com14 Apr 2021

Booked between 2007 and 2011, out of the total 32,700 residential units under various Jaypee Infratech (JIL) projects, at least 20,000 homes are yet to be delivered. Supreme Court documents show that, till last March, Jaypee had issued 7,997 offers of possession to homebuyers while executing only 6,530 sub-lease deeds. These deeds offer homebuyers possession rights but, unlike registration, does not guarantee absolute ownership.

Jaitley should practise what he preaches

Jaitley should practise what he preaches

Rediff.com29 Jan 2019

'The government should refrain from 'adventurism' and 'megalomania'.' 'But this should be true of reckless government action against every Indian, whether or not they are wealthy or have access to the finance minister even when he is in hospital,' says Aakar Patel.

India's superb plan to reduce dependence on gold imports

India's superb plan to reduce dependence on gold imports

Rediff.com19 Jun 2015

For easy and wide access, the government plans to market the bond through post offices and various brokers.

More steps needed to make e-transactions safer

More steps needed to make e-transactions safer

Rediff.com28 Nov 2016

Absence of comprehensive data protection and privacy laws will be barriers in the government's digitalisation drive.

Akanksha Balmuchu Wants To Fight Climate Change

Akanksha Balmuchu Wants To Fight Climate Change

Rediff.com5 Oct 2021

Akanksha Mary Balmuchu from Jharkhand's Ho tribe is starting a Master's programme in climate change in the UK. When she walks into campus, she fulfils not only her dream, but that of her grandmother.

Another stimulus package in pipeline, says finance secretary

Another stimulus package in pipeline, says finance secretary

Rediff.com2 Nov 2020

Finance secretary Ajay Bhushan Pandey on Sunday hinted that the government was working on another stimulus package but he refrained from giving a timeframe.

The day K P Singh wanted to sell DLF for 26 lakh

The day K P Singh wanted to sell DLF for 26 lakh

Rediff.com26 Jun 2020

Persuaded not to sell that day in January 1975, DLF today has assets of over Rs 52,237 crore and a net worth of around Rs 40,000 crore.

Do you know what impact investing is?

Do you know what impact investing is?

Rediff.com10 Jun 2019

'India is the largest stomping ground in the world for impact investing as we have an extraordinary combination of entrepreneurial drive with huge, absolute demand for all kinds of social services,' IDFC First Bank's chief Rajiv Lall tells Anjuli Bhargava.

All you want to know about G-Secs

All you want to know about G-Secs

Rediff.com19 Feb 2021

There are, however, a few aspects to factor in before considering G-Secs as an investment option, advises Bindisha Sarang.

Bankruptcy will influence M&A trend in 2018

Bankruptcy will influence M&A trend in 2018

Rediff.com2 Jan 2018

Banks have Rs 10 trillion in stressed assets - Rs 7.8 trillion of bad loans and Rs 2.2 trillion of restructured ones.

Exchanged old notes? Now, flash your inked finger

Exchanged old notes? Now, flash your inked finger

Rediff.com16 Nov 2016

To stop repeat money exchangers thronging banks with invalid currency notes, banks have started applying indelible ink mark on the right hand index finger of customers in the select metro cities.

PNB reports Rs 11,400 cr fraud involving jeweller Nirav Modi, suspends 10

PNB reports Rs 11,400 cr fraud involving jeweller Nirav Modi, suspends 10

Rediff.com14 Feb 2018

While PNB did not name the other lenders, Union Bank of India, Allahabad Bank and Axis Bank are said to have offered credit based on letters of undertaking (LOUs) issued by PNB. Foreign bank branches too are under investigation.

Ecomm firms ramp up as Omicron forces customers online

Ecomm firms ramp up as Omicron forces customers online

Rediff.com8 Jan 2022

Besides growing tech and digital enhancements, the firms are ramping up the hiring of more delivery partners and reinforcing existing Covid protocols.

India to get world's first gem bourse

India to get world's first gem bourse

Rediff.com24 Dec 2013

The first of its kind, a gem bourse to cater to the needs of the gemstone industry of the Pink City where all the business could be transacted under one roof, would soon become a reality.

Check rumours on shortage of essentials: MHA to states

Check rumours on shortage of essentials: MHA to states

Rediff.com25 Mar 2020

In a communication to chief secretaries and director generals of police of all states, the ministry asked them to take action to allay apprehensions and maintain peace and tranquillity, and inform people about the availability of food, medicine and other essential commodities.

India begins lockdown 3.0; more cars, people on the roads

India begins lockdown 3.0; more cars, people on the roads

Rediff.com4 May 2020

Massive crowds thronged liquor stores, more vehicles plied on roads and cab-hailing platforms resumed services as India entered the third phase of the lockdown on Monday with further easing of curbs except in containment zones in the shadow of the highest rate of recovery yet from coronavirus.

MFIs' collections rebound in a big way, but delinquencies may surge

MFIs' collections rebound in a big way, but delinquencies may surge

Rediff.com8 Sep 2020

A vast majority of borrowers are in the essential services' supply chain with tiny and micro businesses, and this has sprung back.

Will auto sales pick up this festive season? Dealers are skeptical

Will auto sales pick up this festive season? Dealers are skeptical

Rediff.com4 Sep 2019

The muted expectation of dealers come at a time when vehicle manufacturers such as Maruti Suzuki, Hyundai Motor, Mahindra & Mahindra and others reported a double-digit fall in wholesale dispatches to dealerships in July and August.

Anita Kishore, Brain behind Byju's Acquisitions

Anita Kishore, Brain behind Byju's Acquisitions

Rediff.com31 Aug 2021

Byju's, says Anita Kishore, has given the founders of the businesses it has acquired the independence to operate separately and maintain their core culture.

Why go abroad to study?

Why go abroad to study?

Rediff.com26 May 2018

These institutes, while expensive, are a viable alternative to studying abroad.

Tech majors seek more time to implement RBI's data onshoring order

Tech majors seek more time to implement RBI's data onshoring order

Rediff.com21 Apr 2018

Many of India's fintech entities and banks have stored all their customer data in India; however, many do use foreign servers, for operations, providing services and for data analytics.

Nirav Modi's Taiwan, Surat, Hong Kong and Dubai connections

Nirav Modi's Taiwan, Surat, Hong Kong and Dubai connections

Rediff.com20 Feb 2018

Documents accessed by Business Standard show owners of suspected Hong Kong-based shell companies are spread across the globe.

DON'T Undercount Covid Deaths!

DON'T Undercount Covid Deaths!

Rediff.com12 Jul 2021

Experts believe that under-reporting is likely to cause an underestimation of the spread of the disease.

Why privatising PSBs is not feasible

Why privatising PSBs is not feasible

Rediff.com28 Apr 2018

India has a long way to go before it develops a culture of professional boards accountable to institutional investors. There is, therefore, no realistic alternative to reforming and strengthening PSBs under government ownership, says T T Ram Mohan.

India, Singapore firms invest $51 bln in each other's markets

India, Singapore firms invest $51 bln in each other's markets

Rediff.com15 Aug 2014

Two years ago, the number was 4,000, according to Indian businessmen.

Real Estate biz helps Asian Shooting champ dream big

Real Estate biz helps Asian Shooting champ dream big

Rediff.com8 Jul 2020

Sheikh, who is very optimistic of the industry sailing though this tough phase, thanked Mohit Arora, the owner of Supertech, who has been sponsoring him since 2017.

On court's directive, Shetty appointed observer for one-off Test

On court's directive, Shetty appointed observer for one-off Test

Rediff.com7 Feb 2017

On the directive of the Hyderabad High Court, the BCCI, on Tuesday, appointed Ratnakar Shetty as observer for the one-off Test match between India and Bangladesh, scheduled to be held in Hyderabad from Thursday.

Here's how to make India easy for business

Here's how to make India easy for business

Rediff.com19 Jan 2015

The 2015 World Bank group's Doing Business index ranked India at 142, down from 140, which it was the year before.

Bumps galore, but auto hubs breathe easy on sales spike

Bumps galore, but auto hubs breathe easy on sales spike

Rediff.com22 Feb 2021

The traffic tells a story. During the lockdown, it took 45 minutes to zip through the deserted 35-km stretch from Chennai to reach the automobile heart of Sriperumbudur-Oragadam, where the big names of the car industry - Hyundai Motor India, Renault-Nissan India, Daimler India Commercial Vehicles, Apollo Tyres, and Royal Enfield - are based.

The murky trail of Rana Kapoor's firm DOIT

The murky trail of Rana Kapoor's firm DOIT

Rediff.com24 Mar 2020

DOIT is a 100 per cent subsidiary of Morgan Credits in which Rana Kapoor's daughters Radha, Roshini and Raakhe, are directors. In 2018-19, the company incurred a net loss of Rs 48.76 crore on revenues of Rs 59 crore - a sharp contrast to 2017-18 when it had profits of Rs 2.7 crore on revenues of Rs 43 crore. To fund these aggressive investments into its subsidiaries in 2018-19, DOIT used debt which doubled to Rs 600 crore in 2018-19 from the previous year.

After WTO, India skips signing Asean services trade pact

After WTO, India skips signing Asean services trade pact

Rediff.com27 Aug 2014

Sitharaman cancels Myanmar trip at last moment citing launch of Modi's Jan Dhan Yojana.

Newbies dream to become oil barons in limbo

Newbies dream to become oil barons in limbo

Rediff.com3 Oct 2020

22 companies won bids for the 31 contracts on offer; 15 were new entrants to the oil and gas business. Three years on, none of them have started production.

Modi blames Congress's 'phone-a-loan scheme' for NPA crisis

Modi blames Congress's 'phone-a-loan scheme' for NPA crisis

Rediff.com1 Sep 2018

He said while the previous UPA government hid the bad loans, his government has properly recognised them and brought tough laws to deal with defaults and recovery money.

How insurance brokers losing the game to technology

How insurance brokers losing the game to technology

Rediff.com7 Oct 2019

The Ola Money and Uber tie-ups demonstrate how insurance companies, including even government-run ones, are forging partnerships with every possible service company to offer products.

HSBC gets summons from Indian Tax Dept; fears significant fines

HSBC gets summons from Indian Tax Dept; fears significant fines

Rediff.com23 Feb 2015

Names of 100,000 a/c holders in HSBC's Swiss unit recently became public.