News for 'Andhra Bank'

'Marathis Are Anxious About Survival'

'Marathis Are Anxious About Survival'

Rediff.com21 Jul 2025

'Maharashtrians are facing a dual battle -- numerical battle with North Indians and financial battle with Gujaratis and Marwaris.' 'This has created anxiety about survival and ownership over Mumbai and Maharashtra.'

'Naidu Will Not Waste Time Now'

'Naidu Will Not Waste Time Now'

Rediff.com3 May 2025

'Amaravati will be a game changer for Andhra Pradesh.'

Flash floods devastate Uttarkashi village; 4 killed, houses buried

Flash floods devastate Uttarkashi village; 4 killed, houses buried

Rediff.com5 Aug 2025

A cloudburst in the high altitude villages of Dharali in Uttarkashi district of Uttarakhand led to flash floods, causing damage to houses and sweeping away structures. Several people are feared buried under debris.

'Why Haven't Amitabh, Salman, Shah Rukh Learnt Marathi?'

'Why Haven't Amitabh, Salman, Shah Rukh Learnt Marathi?'

Rediff.com4 Jul 2025

'There are tall personalities who have utilised Mumbai and Maharashtra for their career growth, but they never thought it is their responsibility to learn Marathi.'

When A Vice President Resigned For The First Time

When A Vice President Resigned For The First Time

Rediff.com22 Jul 2025

Vice President V V Giri's resignation in 1969 triggered political upheavals that saw the ruling party defy its own presidential nominee, the expulsion of a sitting prime minister by her party president, and a historic split in the Indian National Congress, recounts Utkarsh Mishra.

Is Telangana Headed For Bankruptcy?

Is Telangana Headed For Bankruptcy?

Rediff.com11 Jul 2025

Experts say the state's economy is grappling with hidden debt, rising welfare costs, and lack of transparency.

50 people have been killed in stampedes this year

50 people have been killed in stampedes this year

Rediff.com4 Jun 2025

The Royal Challenger's Bengaluru parade in celebration of the team's maiden Indian Premiere League win in 18 years turned into tragedy as at least 11 fans died and several were injured in a stampede near the Chinnaswamy Stadium on Wednesday.

Chandrababu Naidu Logs Back In Andhra Pradesh

Chandrababu Naidu Logs Back In Andhra Pradesh

Rediff.com5 Jun 2024

Chandrababu Naidu's victory comes barely eight months after his political career seemingly crashed in September 2023 when the YSRCP government arrested him in an alleged corruption case.

Is AIADMK Feeling Uncomfortable With BJP's Politics?

Is AIADMK Feeling Uncomfortable With BJP's Politics?

Rediff.com30 Jun 2025

While acknowledging that they needed strong allies for a chance in the assembly polls, AIADMK cadres seemingly prefer actor-politician Vijay's Tamilaga Vettri Kazhagam to the BJP, owing to the latter's 'communal agenda' and consequent hardline Hindutva image, explains N Sathiya Moorthy.

Andhra releases Nagarjunasagar water to Telangana amid rift among officials

Andhra releases Nagarjunasagar water to Telangana amid rift among officials

Rediff.com1 Dec 2023

According to the EIC, Telangana officials are allegedly not allowing Andhra Pradesh officials to even enter the dam to conduct inspections.

Why Kerala Opposes Sand Sea Mining

Why Kerala Opposes Sand Sea Mining

Rediff.com19 Apr 2025

If as critics point out, the environmental impact assessment study was commissioned only after the auction process got underway with not all the stakeholders getting to know of it, then the government has already compromised the trust it could have enjoyed with Kerala's public including its coastal communities, points out Shyam G Menon.

Ambedkar's legacy sparks fierce political clash on his birth anniversary

Ambedkar's legacy sparks fierce political clash on his birth anniversary

Rediff.com15 Apr 2025

The birth anniversary of Dr Bhimrao Ramji Ambedkar, whose political influence has surged with the passage of time, on Monday was marked by bitter trading of charges between the ruling BJP and opposition parties as they fought for his legacy.

'Delimitation Is Not A South Versus North Issue'

'Delimitation Is Not A South Versus North Issue'

Rediff.com31 Mar 2025

'There will be no change of seats for Delhi, Assam and Maharashtra.' 'Andhra, J&K, Kerala, Punjab, Karnataka, Tamil Nadu, Odisha, West Bengal and Telangana will lose seats while there will be an increase for MP, UP, Bihar, Haryana, Gujarat and Chhattisgarh.' 'It is a big mistake if you make it a north-south issue.'

From Tesla to Mercedes, luxury carmakers head South

From Tesla to Mercedes, luxury carmakers head South

Rediff.com11 Mar 2025

In 2024 alone, South India saw the highest rise in sales in the luxury segment, with Tamil Nadu reportedly registering a 19.3 per cent increase in premium car registrations from 2022-23

A look at India's deadly stampedes in recent past

A look at India's deadly stampedes in recent past

Rediff.com16 Feb 2025

The recent stampede at New Delhi Railway station, which claimed the lives of at least 18 people, highlights a recurring issue in India: deadly stampedes. This tragedy is not an isolated incident, as numerous stampedes resulting in significant casualties have occurred over the years. This article explores some of the most devastating stampedes in India, including the deadly event at the Mahakumbh in Prayagraj just a few weeks ago, the 2024 tragedy at a 'satsang' in Hathras, and the 2013 stampede during Navratri festivities in Madhya Pradesh.

Ranji Trophy: Gujarat, Himachal in battle for quarter-final spot

Ranji Trophy: Gujarat, Himachal in battle for quarter-final spot

Rediff.com29 Jan 2025

Gujarat and Himachal Pradesh are set for a high-stakes clash as they battle for the final quarter-final spot from Elite Group B.

Maha Kumbh horror: A look at major stampedes in India

Maha Kumbh horror: A look at major stampedes in India

Rediff.com29 Jan 2025

Here is a list of some of such major tragedies that have taken place in the country in recent years.

Be Prepared! Heat Waves Coming!

Be Prepared! Heat Waves Coming!

Rediff.com1 Apr 2025

'The intensity and frequency of heatwaves will be much higher than in previous years over Punjab, Haryana, Rajasthan, Gujarat, Madhya Pradesh and Odisha.'

Cong tried to redirect SC/ST quota to Muslims: Modi rakes up Andhra in Raj

Cong tried to redirect SC/ST quota to Muslims: Modi rakes up Andhra in Raj

Rediff.com23 Apr 2024

He said the then prime minister Manmohan Singh had given a speech in which he had said Muslims have the first right to the country's resources.

US Accuses Adani Of Bribing Officials

US Accuses Adani Of Bribing Officials

Rediff.com21 Nov 2024

Gautam Adani, India's second-richest man, and seven others including his nephew Sagar have been charged with paying bribes to unidentified officials of state governments in Andhra Pradesh and Odisha to buy expensive solar power, potentially earning more than $2 billion profit over 20 years.

Women Voters: The Rising Power Transforming Politics

Women Voters: The Rising Power Transforming Politics

Rediff.com15 Jan 2025

'Women' as a political constituency appears to be an idea that has come of age. It is changing India in ways that we only dimly understand, asserts Aditi Phadnis.

What Centre Will Shell Out For AP, Bihar

What Centre Will Shell Out For AP, Bihar

Rediff.com5 Aug 2024

While Andhra Pradesh is expected to receive Rs 15,000 crore to Rs 20,000 crore, Bihar is likely to get Rs 5,000 crore to Rs 10,000 crore in FY25.

States' borrowings at 60% of Dec target

States' borrowings at 60% of Dec target

Rediff.com20 Nov 2024

States are on track of fiscal consolidation with their total borrowings reaching Rs 5 trillion till October, which is 60 per cent of the projected borrowings of Rs 8.38 trillion till December 2024, according to data from official sources. Government officials said the lower-than-projected borrowings by states were a sign of prudent fiscal management by them. States announce their borrowing plans every quarter.

Key decisions taken at the 55th GST Council meet

Key decisions taken at the 55th GST Council meet

Rediff.com21 Dec 2024

The GST Council on Saturday postponed a decision on cutting tax rate on life and health insurance premiums, officials said. The 55th meeting of the GST Council, chaired by Union Finance Minister Nirmala Sitharaman and comprising state counterparts, decided that some more technicalities needed to be ironed out and tasked the GoM for further deliberations.

CBI files Rs 230-crore bank fraud case against Amrapali

CBI files Rs 230-crore bank fraud case against Amrapali

Rediff.com20 May 2022

The CBI has filed an FIR against Amrapali Leisure Valley Developers Pvt Ltd, its director Anil Sharma and others for allegedly cheating Bank of Maharashtra and Andhra Bank of over Rs 230 crore, officials said on Friday. The banks had sanctioned credit facilities to develop a housing building at the Tech Zone IV in Uttar Pradesh's Greater Noida on a plot measuring 1.06 lakh square metre, the FIR alleged. The company failed to maintain financial discipline following which the account was declared a non-performing asset on March 31, 2017, the complaint from Bank of Maharashtra, now part of the FIR, has alleged, adding that "it has resulted in the loss of over Rs 230.97 crore". Following the FIR, the CBI Thursday conducted searches at four locations in Delhi, Noida and Ghaziabad, they said.

The Curious Case Of Andhra Pradesh Capitals

The Curious Case Of Andhra Pradesh Capitals

Rediff.com17 Feb 2023

The idea of three capitals has not been abandoned, even as the state lurches from financial crisis to crisis.

What You Can Now Expect Every Election

What You Can Now Expect Every Election

Rediff.com6 Dec 2024

A freebie once granted can hardly be discontinued. All that can happen is to substitute it with a bigger freebie, notes A K Bhattacharya.

Tomato price volatility exposes gaps in India's agriculture supply chain

Tomato price volatility exposes gaps in India's agriculture supply chain

Rediff.com26 Oct 2024

Tomato prices have been on the boil for more than a month. Data from major cities show that the spike has been between 125 and 150 per cent at the wholesale level. Soaring vegetable prices, including tomatoes, pushed the retail inflation rate to a nine-month high of 5.49 per cent in September, according to government data. Though reports say prices are expected to come down in the next few weeks after supplies improve from Madhya Pradesh and Himachal Pradesh, how long will the respite last is anybody's guess.

3 Indian banks ink JV for Malaysian arm

3 Indian banks ink JV for Malaysian arm

Rediff.com5 Jun 2009

The subsidiary will become operational by the end of the second quarter and cater to Indian corporates and expatriates in Malaysia. In the joint venture, BOB will hold 40 per cent stake, IOB 35 per cent, while Andhra Bank will hold the rest 25 per cent. Initial investment is pegged at Rs 405 crore (Rs 4.5 billion).

'Who Does Not Want To Be Prime Minister?'

'Who Does Not Want To Be Prime Minister?'

Rediff.com27 Dec 2024

'We are going to need more technical people in government.' 'You can't expect a generalist to understand the complicated world of financial engineering.' 'I regret to say that most of our politicians have no competence to deal with these things. Nor is there a willingness to learn.'

Cyclone Dana: 1 Million Evacuated

Cyclone Dana: 1 Million Evacuated

Rediff.com24 Oct 2024

Glimpses of the preparations in Odisha and West Bengal for Cyclone Dana which is expected to make landfall between October 24 and 25.

Ramoji Rao, The Telugu Colossus

Ramoji Rao, The Telugu Colossus

Rediff.com10 Jun 2024

Ramoji Rao lived as the interface between business and politics and was an active participant in both for most of his remarkable life.

Shinsei Bank to float AMC in India

Shinsei Bank to float AMC in India

Rediff.com19 Dec 2006

The Tokyo-based Shinsei Bank is all set to foray into the Indian mutual fund business by forming a joint venture asset management company with Andhra Bank.

Pawan Kalyan may get deputy CM post in Naidu govt, ministerial berths for BJP

Pawan Kalyan may get deputy CM post in Naidu govt, ministerial berths for BJP

Rediff.com11 Jun 2024

According to the National Democratic Alliance sources, the new government may allot five to six ministerial berths to the allies Janasena and Bharatiya Janata Party.

TDP's Nara Lokesh promises Islamic bank for Muslims if voted to power

TDP's Nara Lokesh promises Islamic bank for Muslims if voted to power

Rediff.com22 Feb 2023

Telugu Desam Party general secretary Nara Lokesh has promised to establish an Islamic Bank for the Muslim community of Andhra Pradesh on coming to power.

10 public sector banks merged into 4 mega banks

10 public sector banks merged into 4 mega banks

Rediff.com30 Aug 2019

In the biggest consolidation exercise in the banking space, the government on Friday announced four major mergers of public sector banks, bringing down their total number to 12 from 27 in 2017, a move aimed at making state-owned lenders global sized banks.

CBI raids 169 sites nationwide in Rs 7k cr bank frauds

CBI raids 169 sites nationwide in Rs 7k cr bank frauds

Rediff.com5 Nov 2019

The cases pertain to State Bank of India, Punjab National Bank, Andhra Bank, Oriental Bank of Commerce, Indian Overseas Bank, Allahabad Bank, Canara Bank, Dena Bank, Punjab and Sind Bank, Central Bank of India, Union Bank of India, IDBI Bank, Bank of Baroda, Bank of Maharashtra and Bank of India.

Kharge takes 'mataji', 'pakoda-jalebi' jibe at Sitharaman

Kharge takes 'mataji', 'pakoda-jalebi' jibe at Sitharaman

Rediff.com24 Jul 2024

Congress President and Leader of the Opposition in Rajya Sabha Mallikarjun Kharge on Wednesday questioned Union Finance Minister Nirmala Sitharaman over the Union Budget and claimed that the plates of all states except Bihar and Andhra Pradesh were empty in the budget allocation.

Tyger Capital to list by next year, targets Rs 20,000 crore book

Tyger Capital to list by next year, targets Rs 20,000 crore book

Rediff.com12 Jul 2024

Bain Capital-backed Tyger Capital is planning to list its shares on the Indian stock exchanges by the next financial year and is targeting to grow its assets under management by four times to Rs 20,000 crore in five years from Rs 5,000 crore now, Gaurav Gupta, MD and CEO of the firm said. In an exclusive interview, Gupta said that keeping with the growing business, the finance company expects to on-board 600 people in the current financial year as it is opening 60-65 new branches for broad-basing its network in the country.