News for 'Bank In Trouble'

Sri Lanka airport lease near China-controlled Hambantota port opens door for India

Sri Lanka airport lease near China-controlled Hambantota port opens door for India

Rediff.com17 May 2026

India is closely monitoring Sri Lanka's decision to offer foreign investors control of an airport near the China-controlled Hambantota port, as it could present a rare opening for Indian firms seeking strategic footholds in the Indian Ocean.

Why Modi Empowered ED To Tackle Financial Crimes

Why Modi Empowered ED To Tackle Financial Crimes

Rediff.com1 May 2026

Union Minister Pankaj Chaudhary stated that Prime Minister Narendra Modi strengthened the Enforcement Directorate (ED) to combat financial crimes like money laundering and corruption, dismissing allegations of it being used to target political opponents.

Samrat Choudhary's govt wins trust vote in Bihar assembly

Samrat Choudhary's govt wins trust vote in Bihar assembly

Rediff.com24 Apr 2026

The BJP-led government in Bihar secured a vote of confidence in the state assembly, with Chief Minister Samrat Choudhary pledging economic development and significant investments. The motion was passed amidst heated debates and accusations between the ruling NDA and the opposition, highlighting political tensions and differing views on issues like women's reservation.

India Opens Doors To Foreign Banks, But...

India Opens Doors To Foreign Banks, But...

Rediff.com12 Nov 2025

But selectively, with regulatory scrutiny and special approval, points out Tamal Bandyopadhyay.

Odisha Vigilance Apprehends Family Members in Rs 5.56 Crore Embezzlement Case

Odisha Vigilance Apprehends Family Members in Rs 5.56 Crore Embezzlement Case

Rediff.com19 Mar 2026

Odisha vigilance officers arrested the parents of a previously arrested banker, along with another individual, for allegedly embezzling Rs 5.56 crore in government funds in the Jajpur district. The accused are Pradip Kumar Mohanty, his wife Gitarani Mohanty, and Bishnu Prasad Dash. The funds were fraudulently diverted over six years.

Mallya Hits Back at Critics After RCB Sale Reaches Almost USD 2 Billion

Mallya Hits Back at Critics After RCB Sale Reaches Almost USD 2 Billion

Rediff.com26 Mar 2026

Fugitive businessman Vijay Mallya responds to criticism of his investment in Royal Challengers Bangalore (RCB) after the franchise was sold for nearly USD 2 billion.

Woman Claims Illegal Transactions in Her Name

Woman Claims Illegal Transactions in Her Name

Rediff.com27 Feb 2026

A woman in Dombivali, Thane district, claims unauthorized transactions of 2.6 crore occurred in bank accounts opened in her name, potentially linked to a scam originating in Uttarakhand.

Can Private Bankers Transform Public Sector Banks?

Can Private Bankers Transform Public Sector Banks?

Rediff.com29 Oct 2025

Yes, the entry of private bankers, particularly with global experience will add value to PSBs, points out Tamal Bandyopadhyay.

What The Opposition Must Learn From Mamata's Defeat

What The Opposition Must Learn From Mamata's Defeat

Rediff.com6 May 2026

'If the Opposition associates itself too much with the minorities, then it becomes easy for the BJP to get Hindu consolidation votes.'

Pahalgam Memorial Honours Terror Attack Victims

Pahalgam Memorial Honours Terror Attack Victims

Rediff.com21 Apr 2026

A memorial has been erected in Pahalgam to honour the victims of a terror attack last year. Security has been increased across Kashmir ahead of the anniversary.

Lessons that opposition party needs to learn after Bengal elections

Lessons that opposition party needs to learn after Bengal elections

Rediff.com5 May 2026

What lessons opposition parties need to learn post defeat of Mamata Banerjee in West Bengal elections? The election saw spectacular victor of BJP which rose from 3 seats in 2016 to 206 seats in 2026 assembly elections.

Meerut Man Fakes Son's Kidnapping Over Gaming Debt

Meerut Man Fakes Son's Kidnapping Over Gaming Debt

Rediff.com11 Mar 2026

A man in Meerut, India, allegedly staged the kidnapping of his 15-year-old son and demanded a ransom to pay off debts accumulated through online gaming. He has been arrested and the boy is safe.

T20 WC Semi-Final: Unbeaten South Africa Take On Giant-Killers New Zealand

T20 WC Semi-Final: Unbeaten South Africa Take On Giant-Killers New Zealand

Rediff.com2 Mar 2026

Unbeaten South Africa take on a dangerous New Zealand side in the T20 World Cup semi-final at Eden Gardens, with the Proteas wary of complacency in the knockout stage.

Shah plotting to spark unrest, impose President's rule in Bengal: Mamata

Shah plotting to spark unrest, impose President's rule in Bengal: Mamata

Rediff.com2 Apr 2026

West Bengal Chief Minister Mamata Banerjee has criticised the Election Commission for allegedly failing to protect judicial officers involved in electoral roll revisions in Malda district. She accused the EC of lacking control over law and order and enabling the BJP's alleged attempts to disrupt the election process.

'No Fuel Shortage, Only Panic'

'No Fuel Shortage, Only Panic'

Rediff.com28 Mar 2026

'There is no shortage of fuel whatsoever.' 'India is stock surplus as far as petrol and diesel are concerned.'

Why Kashmiris Are Donating Gold, Money For Iran

Why Kashmiris Are Donating Gold, Money For Iran

Rediff.com25 Mar 2026

'Many have contributed in terms of gold and silver. Ladies in big numbers have contributed their home belongings and gold.' 'Some have donated their cars too.'

Gulf War: India Is In A Catch-22 Situation

Gulf War: India Is In A Catch-22 Situation

Rediff.com23 Mar 2026

India's handling of the Iran crisis reflects a growing strain between strategic autonomy and geopolitical alignment, observes Ambassador M K Bhadrakumar.

Super 8s: England's Spin Test Awaits Pakistan in Pallekele

Super 8s: England's Spin Test Awaits Pakistan in Pallekele

Rediff.com23 Feb 2026

England and Pakistan lock horns in a crucial T20 World Cup Super Eights clash in Pallekele, as Brook's side eye momentum while Pakistan seek comeback.

'Worst Gulf Crisis For Migrants In 50 Years'

'Worst Gulf Crisis For Migrants In 50 Years'

Rediff.com6 Mar 2026

'In India, there is this first generation migrant, say from a small village in UP. He didn't go to the Gulf to buy a big house but make the life of his family better.' 'He may have paid 1 lakh rupees to an agent to go to the Gulf. Imagine what will happen to him and his family if he has to come back. He and his family will become poor again.' 'He went to the Gulf to come out of poverty, but this war will make his family trapped in poverty once again.'

If language pride is a 'disease'...: Raj Thackeray slams RSS chief

If language pride is a 'disease'...: Raj Thackeray slams RSS chief

Rediff.com10 Feb 2026

In a post on X, Thackeray also claimed that those who attended Bhagwat's programme in Mumbai on February 7-8 to mark the RSS centenary did not come out of love for him but due to the fear of Narendra Modi's government.

Sagarmala Finance expecting at least Rs 2K cr equity infusion from govt: MD

Sagarmala Finance expecting at least Rs 2K cr equity infusion from govt: MD

Rediff.com6 Jan 2026

India's first maritime lender, state-owned Sagarmala Finance Corporation Ltd (SMFCL) hit the ground running with a Rs 4,300 crore disbursement announcement last Tuesday, within months of being registered as a non-banking financial company (NBFC) in June 2025.

Realty firm chairman C J Roy dies by suicide amid I-T action

Realty firm chairman C J Roy dies by suicide amid I-T action

Rediff.com30 Jan 2026

C J Roy, founder and chairman of real estate firm Confident Group, died by suicide in Bengaluru. The incident occurred amidst ongoing Income Tax searches at his premises. Family alleges pressure from a central agency may have contributed to his death.

Cricket World Cup's Biggest Controversies!

Cricket World Cup's Biggest Controversies!

Rediff.com30 Jan 2026

A look at some of the major controversies in past World Cups.

BFSI weight in Nifty 50 rebounds to 3-year high amid sector rotation

BFSI weight in Nifty 50 rebounds to 3-year high amid sector rotation

Rediff.com6 Nov 2025

The banking, financial services and insurance (BFSI) sector has moved back into focus for investors this calendar year, after lagging the broader market for two consecutive years. BFSI stocks have outperformed benchmark indices in 2025 so far, driving a steady rise in the sector's weighting within the Nifty 50 index.

The Illusion Of India's 8% Growth

The Illusion Of India's 8% Growth

Rediff.com21 Jan 2026

The key question is how much of the latest growth record represents recovery from the 2020-2021 downturn, and what is the sustainable growth rate now, asks T N Ninan.

'China Wants India On A Tight Leash'

'China Wants India On A Tight Leash'

Rediff.com15 Jan 2026

'China's basic purpose of taking the Shaksgam Valley was access to the Indian Ocean.'

Jujitsu champ Rohini Kalam found dead at home

Jujitsu champ Rohini Kalam found dead at home

Rediff.com27 Oct 2025

According to Roshni's statement to investigators, Rohini, who worked as a martial arts coach at a private school in Ashta, had been under work-related stress.

Convicted Maha minister Manikrao Kokate resigns from Cabinet

Convicted Maha minister Manikrao Kokate resigns from Cabinet

Rediff.com18 Dec 2025

Nationalist Congress Party minister Manikrao Kokate has resigned from the Maharashtra Cabinet after a court upheld his conviction and two-year jail term in a 1995 cheating and forgery case. This marks the second NCP minister to resign this year.

Convicted Maha minister Kokate moves HC as arrest warrant looms

Convicted Maha minister Kokate moves HC as arrest warrant looms

Rediff.com17 Dec 2025

Maharashtra Sports Minister Manikrao Kokate challenges his conviction in a 1995 cheating and forgery case, facing potential loss of his cabinet post and assembly seat.

Will AI Mania Provoke Market Meltdown?

Will AI Mania Provoke Market Meltdown?

Rediff.com10 Nov 2025

'The danger is that when the music stops, the fall will be sudden, faster, and deeper than anyone expects,' warns Debashis Basu.

'Yunus Government Has Given Space To Pakistanis'

'Yunus Government Has Given Space To Pakistanis'

Rediff.com24 Dec 2025

'There is no substantive basis for Bangladesh-Pakistan relations. The only real link they can have is mischief, with Pakistan's intelligence agency using Bangladesh to create trouble along our eastern borders.'

IndusInd Bank Officials Face Insider Trading Probe

IndusInd Bank Officials Face Insider Trading Probe

Rediff.com28 Mar 2025

The sales of company shares by 5 senior executives have come under scrutiny as IndusInd shares declined over 30 per cent due to losses incurred by from its derivatives exposure.

Sporadic violence in Bangladesh ahead of Hasina verdict

Sporadic violence in Bangladesh ahead of Hasina verdict

Rediff.com17 Nov 2025

Sporadic violence erupts across Bangladesh as the nation awaits a special tribunal verdict against former Prime Minister Sheikh Hasina in a case of alleged crimes against humanity. Security is heightened, and authorities are on high alert.

'India's Growth Is In Serious Trouble'

'India's Growth Is In Serious Trouble'

Rediff.com13 Feb 2025

'We face the risk of remaining a low-income country for a very long time unless something changes in the next few years.' 'Instead of constantly talking about becoming a developed economy, we need to start fixing the problems of the economy one by one.' 'There is so much potential, and we are squandering away the opportunity.'

How to Beat the Festive Debt Trap

How to Beat the Festive Debt Trap

Rediff.com5 Nov 2025

Those who have binged on credit must spend less, cut discretionary expenses, and focus on repayment.

UPI payments hit by technical glitches, NPCI says systems working fine

UPI payments hit by technical glitches, NPCI says systems working fine

Rediff.com8 Aug 2025

Users experienced difficulties with UPI payments due to technical issues in some banks' systems. NPCI stated that its systems are operational and it is working with banks to resolve the problems.

'Powerful Individuals Escape Accountability In This Country'

'Powerful Individuals Escape Accountability In This Country'

Rediff.com26 Dec 2025

'Judges have transmitted a terrible message to citizens across the nation. All right-thinking individuals will be disturbed by what the Delhi high court judges have done.'

'I'm the only one who bowls at 150kph'

'I'm the only one who bowls at 150kph'

Rediff.com28 Nov 2025

Those who bowl at 150 kph are kings, but I am also working on slower balls, yorkers: Umran Malik

Trouble in Credit Suisse unlikely to impact India's banking system: Experts

Trouble in Credit Suisse unlikely to impact India's banking system: Experts

Rediff.com17 Mar 2023

India's banking system is expected to remain unscathed from the troubles in Credit Suisse as it has a very small presence in the country, experts said. Although Credit Suisse is more relevant to India's financial system than Silicon Valley Bank (SVB), it has very limited operations, according to a report by Jefferies India. The Switzerland-based bank, the report said, "has less than Rs 20,000 crore in assets (12th among foreign banks), presence in the derivatives market and funded 60 per cent of assets from borrowings, of which 96 per cent are up to two months.

Clash Of Bahubalis In Bihar's Mokama

Clash Of Bahubalis In Bihar's Mokama

Rediff.com17 Oct 2025

Mokama will witness one of this Bihar assembly election's hottest battles as Janata Dal-United candidate Anant Singh takes on the Rashtriya Janata Dal's Veena Devi, whose husband Surajbhan Singh, like her JD-U rival, is considered one of the state's tough guys or as they say in these parts, a Bahubali.