News for 'Allahabad Bank'

Triple talaq 'cruel' and 'most demeaning', says Allahabad HC

Triple talaq 'cruel' and 'most demeaning', says Allahabad HC

Rediff.com8 Dec 2016

The high court further observed that the triple talaq practice, sanctioned under Muslim Personal Law that governs marriage, property and divorce violates the rights of Muslim women.

How Can Congress Defeat Modi?

How Can Congress Defeat Modi?

Rediff.com25 Jan 2024

The most important lesson is that you have to build your political proposition, and sell it yourself. You can't leave it to the courts, media, NGOs and civil society and expect them to play the role of the Opposition. That's precisely what Mr Modi's challengers have been doing and we know the results, notes Shekhar Gupta.

Nirav Modi's Firestar Diamond files for bankruptcy in US

Nirav Modi's Firestar Diamond files for bankruptcy in US

Rediff.com27 Feb 2018

Firestar Diamond, which on its website states that its operations span the US, Europe, the Middle East, the Far East and India, blamed liquidity and supply chain challenges.

RBI to unveil norms for early detection of stressed loans

RBI to unveil norms for early detection of stressed loans

Rediff.com16 Dec 2013

At least five state-run banks on central bank's radar for lax credit appraisal

'I have never done one wrong thing in my life'

'I have never done one wrong thing in my life'

Rediff.com16 Nov 2023

Excerpted from Sahara: The Untold Story by Tamal Bandyopadhyay.

Markets gather pace on first day of Dec F&O series; banks, metals rise

Markets gather pace on first day of Dec F&O series; banks, metals rise

Rediff.com27 Nov 2015

The Sensex closed higher by 170 points at 26,128 and the Nifty rose 59 points to end at 7,943.

Lenders to auction Kingfisher Villa on Wednesday

Lenders to auction Kingfisher Villa on Wednesday

Rediff.com18 Oct 2016

Price has been fixed at Rs 85.3cr

Honoured all LoUs during 2011-16: PNB to FinMin

Honoured all LoUs during 2011-16: PNB to FinMin

Rediff.com22 Mar 2018

The bank also issued 234 LoUs worth Rs 1,880 crore to another group of companies promoted by Mehul Choksi in 2015 and 2016

Three PSU bank stocks you can invest in

Three PSU bank stocks you can invest in

Rediff.com11 Mar 2015

SBI remains a favourite of most brokerages in the PSB segment.

Sensex ends flat; banks soar, GAIL, RIL slip

Sensex ends flat; banks soar, GAIL, RIL slip

Rediff.com10 Dec 2014

The 30-share Sensex closed up 34 points at 27,831 and the 50-share Nifty ended up 15 points at 8,356.

4 major debt resolution cases delayed further

4 major debt resolution cases delayed further

Rediff.com1 Apr 2019

The delay will increase the provisioning burden on lenders and will also postpone the benefit of reversal of money set aside as provisions.

PSBs may re-approach Sebi for relaxing promoter equity rule

PSBs may re-approach Sebi for relaxing promoter equity rule

Rediff.com14 May 2018

PSBs were required to bring down government shareholding to at least 75 per cent, to comply with the amended Securities Contract (Regulations) Rules by August 2017.

RBI imposes Rs 5.6-lakh fine on SBI

RBI imposes Rs 5.6-lakh fine on SBI

Rediff.com7 Aug 2013

The penalty was levied in connection with deficiencies and lapses in the operation and maintenance of the currency chest at the Secunderabad branch of SBI, it said. Last month, the RBI had imposed a penalty of Rs 3 crore (Rs 30 million) on SBI for violating know your customer/anti-money laundering norms.

Why ICICI Bank chose Girish Chaturvedi as its chairman

Why ICICI Bank chose Girish Chaturvedi as its chairman

Rediff.com4 Jul 2018

The ICICI board is looking to the retired petroleum secretary to provide 'maturity and sagacity'.

Will Renaming India Change Our Lives?

Will Renaming India Change Our Lives?

Rediff.com26 Oct 2023

Debates on changing the name of India to Bharat continue to spark a crisis of identity without answering moot questions that stare us in the face. Ramesh Menon asks a few of those questions that do not have easy answers.

UP Medical entrance exam cancelled after paper leak

UP Medical entrance exam cancelled after paper leak

Rediff.com22 Jun 2014

The entrance examination to the MBBS course in medical colleges of Uttar Pradesh was canceled on Sunday following leakage of the papers in Ghaziabad. The papers were allegedly leaked out from two nationalized banks where the papers were kept in the safe deposit vault (strong room).

Markets pause after 3-day bull run

Markets pause after 3-day bull run

Rediff.com4 Mar 2016

Asian shares ended higher after a string of positive US economic data.

PNB likely to face teething problems while upgrading system

PNB likely to face teething problems while upgrading system

Rediff.com19 Feb 2018

Upgradation to the new product (from Infosys) will stabilise by this month-end

5,275 wilful defaulters (+ Mallya) owe banks Rs 56,621 crore

5,275 wilful defaulters (+ Mallya) owe banks Rs 56,621 crore

Rediff.com18 Mar 2016

India's five leading wilful defaulters are Winsome Diamonds & Jewellery Ltd and associate Forever Precious Jewellery & Diamonds, Zoom Developers, Kingfisher Airlines, Beta Naphthol and Raza Textiles

My life lesson: Stop focusing on mundane tasks

My life lesson: Stop focusing on mundane tasks

Rediff.com19 Apr 2019

K V Satya Prakash from Andhra Pradesh has a beautiful life lesson to share.

Check out all offers before taking car loan

Check out all offers before taking car loan

Rediff.com10 May 2019

Interest rate and tenure are not the only two factors to consider.

Top industry honchos make beeline for Mamata's meet

Top industry honchos make beeline for Mamata's meet

Rediff.com1 Aug 2013

West Bengal Chief Minister Mamata Banerjee's maiden visit to the financial capital Mumbai drew an enthusiastic response from India Inc with industry captains queuing up to attend the meeting called by her.

PSB mergers may mean Rs 5,000-cr demand in IT outsourcing

PSB mergers may mean Rs 5,000-cr demand in IT outsourcing

Rediff.com9 Sep 2019

To begin with, there would be the immediate integration of various technology stacks. This would create more business for global consulting and IT services entities such as KPMG, PwC, EY, Accenture and IBM, among others. Indian service providers - Infosys, Tata Consultancy Services (TCS), and Wipro, for instance - would also cash in.

Chided by BJP MP, Delhi Jal Board official bathes in Yamuna

Chided by BJP MP, Delhi Jal Board official bathes in Yamuna

Rediff.com30 Oct 2022

A senior Delhi Jal Board (DJB) official on Sunday bathed in water taken from a stretch of the Yamuna where the utility sprayed a chemical to dissipate foam in the river.

Arundhati Bhattacharya becomes 1st woman to head SBI

Arundhati Bhattacharya becomes 1st woman to head SBI

Rediff.com7 Oct 2013

The 57-year-old Bhattacharya, front-runner for the post on account of years of service left, was managing director and chief financial officer of the bank prior to her elevation.

LIC loses money in 18 out of 21 PSB shares

LIC loses money in 18 out of 21 PSB shares

Rediff.com9 Jul 2018

Insurer has also made fresh investments since December 2015 quarter when RBI told banks to recognise bad loans

SC asks UP court to put off Rana Ayyub case hearing to after Jan 31

SC asks UP court to put off Rana Ayyub case hearing to after Jan 31

Rediff.com25 Jan 2023

The Supreme Court on Wednesday asked a special court in Ghaziabad, which has summoned journalist Rana Ayyub in a money laundering case lodged by the Enforcement Directorate (ED), to adjourn the proceedings scheduled for January 27 to a date after January 31.

Markets settle lower on profit-booking, but gains most in six weeks

Markets settle lower on profit-booking, but gains most in six weeks

Rediff.com28 Apr 2017

The market breadth, indicating the overall health of the market, turned negative from positive

PNB may be allowed to spread fraud losses over 4 quarters

PNB may be allowed to spread fraud losses over 4 quarters

Rediff.com28 Mar 2018

With the entire fraud amount becoming a non-performing asset, around 25 per cent of the bank's estimated net worth of Rs 40,000 crore could be affected.

Third attempt to sell Kingfisher House fails

Third attempt to sell Kingfisher House fails

Rediff.com19 Dec 2016

The 17-lender consortium, led by State Bank of India had put on auction the property with a reserve price of Rs 115 crore, which was 15% less than the second auction of the property held in August

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.

Who is this 'Yashpal Kapoor' on the Swiss bank accounts list?

Who is this 'Yashpal Kapoor' on the Swiss bank accounts list?

Rediff.com29 Oct 2014

Is this 'Yashpal Kapoor' the late Congress leader, one of Indira Gandhi's closest aides in the 1970s?

CBI books billionaire Nirav Modi in Rs 280 cr cheating case

CBI books billionaire Nirav Modi in Rs 280 cr cheating case

Rediff.com5 Feb 2018

Modi, 46, who had figured in the Forbes' list of richest Indians, has been named in the cheating case on a complaint from the PNB, which alleged that the jewellery firm owner, his brother, wife and Choksi entered into a criminal conspiracy with the officials of the bank and cheated it, causing a "wrongful loss".

Sensex settles 267 points lower, Nifty below 9,300

Sensex settles 267 points lower, Nifty below 9,300

Rediff.com5 May 2017

Banking stocks dipped with Nifty PSU Bank index falling 1.7% after the government notified the ordinance that seeks to tackle non-performing loans in the sector.

Voting for UP Phase V begins, dy CM Maurya among prominent contestants

Voting for UP Phase V begins, dy CM Maurya among prominent contestants

Rediff.com27 Feb 2022

State deputy Chief Minister Keshav Prasad Maurya among 692 candidates are contesting on 61 seats spread across 12 districts in the fifth phase.

Will 2023 Be A Repeat Of 2015?

Will 2023 Be A Repeat Of 2015?

Rediff.com5 Jun 2023

States have been told to prepare in advance to counter any impact of an adverse southwest monsoon.

Sensex, Nifty end flat but at record closing highs

Sensex, Nifty end flat but at record closing highs

Rediff.com11 May 2017

The breadth, indicating the overall health of the market, turned negative. On the BSE, 1,581 shares declined and 1,246 shares fell. A total of 165 shares were unchanged.

Non-bailable warrants issued against Nirav Modi, Mehul Choksi

Non-bailable warrants issued against Nirav Modi, Mehul Choksi

Rediff.com8 Apr 2018

The issuance of NBWs by a court also opens door of seeking Red Corner notices against both of the accused from the Interpol.

Phase 5: Voting for 61 seats in 12 UP districts to be held on Sunday

Phase 5: Voting for 61 seats in 12 UP districts to be held on Sunday

Rediff.com26 Feb 2022

Campaigning for the fifth phase ended on Friday evening, and all necessary arrangements have been completed, state Chief Election Officer Ajay Kumar Shukla said in Lucknow on Saturday.

Former India footballer Shabbir Ali critical after suffering heart attack

Former India footballer Shabbir Ali critical after suffering heart attack

Rediff.com23 Sep 2013

Former India football captain Shabbir Ali suffered a massive heart attack on Monday. Brought in in critical condition, he has been kept under "artificial machine support" at a local hospital in Kolkata.