News for 'Bank Z'

Sensex, Nifty dip as new closing auction session introduces volatility

Sensex, Nifty dip as new closing auction session introduces volatility

Rediff.com4 Aug 2026

Indian benchmark indices Sensex and Nifty ended a four-day rally, closing lower on Tuesday following the introduction of a new Closing Auction Session (CAS) for F&O stocks, which has added a layer of volatility and led to an early adjustment in market structure.

Sheikh Abdullah's Ouster Began J&K's Long Road To 2019

Sheikh Abdullah's Ouster Began J&K's Long Road To 2019

Rediff.com2 days ago

Sheikh Mohammad Abdullah's dismissal and arrest on August 9, 1953 marked a decisive shift in the Centre-J&K power equation. Seven decades later, the erosion of the state's special constitutional position culminated in the August 5, 2019 changes, notes Mohammad Sayeed Malik, the distinguished commentator on Kashmir affairs.

Opposition protests force LS adjournment as Parliament stalemate continues

Opposition protests force LS adjournment as Parliament stalemate continues

Rediff.com7 days ago

Relentless protests by Opposition parties forced the adjournment of the Lok Sabha for the day after the passage of the Bankers' Books Evidence Bill without a debate on Wednesday, with the government accusing them of coming to the House to disrupt proceedings and not for discussion.

Meet The Chef Who Swapped Spices For Bowls At The Commonwealth Games

Meet The Chef Who Swapped Spices For Bowls At The Commonwealth Games

Rediff.com25 Jul 2026

Mohammed Ayub Qureshi, a 67-year-old Pakistani chef from Glasgow, represented his country in lawn bowls at the Commonwealth Games, showcasing a unique blend of his culinary passion and sporting dedication. Known as "Chico" in the bowls community and running the popular Alishan Tandoori, Qureshi's story highlights the spirit of the Games and the diverse backgrounds of its athletes.

CBI charges 13 in NEET-UG paper leak case; names experts, coaching links

CBI charges 13 in NEET-UG paper leak case; names experts, coaching links

Rediff.com29 Jul 2026

The Central Bureau of Investigation on Tuesday filed a charge sheet against 13 accused in the NEET UG 2026 paper leak case, including three paper experts, two associated with coaching centres, middlemen and a number of beneficiary candidates, officials said on Tuesday.

'Worst Phase For Equities Appears To Be Behind Us'

'Worst Phase For Equities Appears To Be Behind Us'

Rediff.com5 days ago

'Healthy double-digit returns are still possible, though a sharp rally is unlikely.'

SBI to oversee new donation counting system at Ram Temple

SBI to oversee new donation counting system at Ram Temple

Rediff.com20 Jul 2026

The Ram Temple trust in Ayodhya has implemented a new, two-shift system for counting cash donations, overseen by the State Bank of India (SBI), following an embezzlement scandal. A new team, including ex-servicemen and supervisors, has been deployed to enhance security and transparency in the process, aiming to prevent future theft and restore public trust.

Kerala rains: 25 dead, over 18K evacuated; red alert in 8 districts

Kerala rains: 25 dead, over 18K evacuated; red alert in 8 districts

Rediff.com7 days ago

The heavy rains that have battered Kerala since August 1 have claimed 25 lives, left four people missing, injured 10 and damaged hundreds of properties, forcing thousands to seek shelter in relief camps, the state government said on Tuesday.

Blue-chip buying propels Sensex up 965 points, Nifty crosses 24,330

Blue-chip buying propels Sensex up 965 points, Nifty crosses 24,330

Rediff.com17 Jul 2026

Indian stock markets witnessed a significant rally, with the Sensex climbing 964.58 points and the Nifty reaching 24,330, driven by strong buying in blue-chip stocks, particularly in the IT and banking sectors, amidst optimism over Q1 earnings and a shift towards large-cap investments.

Bank Must Pay For ATM Failure: Consumer Court

Bank Must Pay For ATM Failure: Consumer Court

Rediff.com23 May 2026

A consumer court in New Delhi has directed the Bank of India to refund Rs 10,000 to a woman and provide additional compensation for a failed ATM transaction that was not reversed for several months, citing deficiency in service and violation of RBI guidelines.

Sensex, Nifty end in red on US Tariffs, West Asia Tensions

Sensex, Nifty end in red on US Tariffs, West Asia Tensions

Rediff.com24 Jul 2026

Indian benchmark indices, Sensex and Nifty, recorded their fifth consecutive day of losses, driven by investor caution over rising oil prices due to West Asia tensions and renewed concerns regarding US trade tariffs.

BCCI seeks new title partner for India's home cricket season

BCCI seeks new title partner for India's home cricket season

Rediff.com20 Jul 2026

The BCCI on Monday invited bids for the title sponsorship rights for its domestic and international home events, with the current agreement with IDFC FIRST Bank nearing the end of its tenure.

Nifty Recovery Faces 200-DMA Hurdle

Nifty Recovery Faces 200-DMA Hurdle

Rediff.com29 Jul 2026

Nearly 50 per cent of the stocks that comprise the Nifty 50 are trading below their respective 200-DMAs.

Chhetri's Anguish: Jamshedpur FC's ISL Exit A 'Punch In The Gut'

Chhetri's Anguish: Jamshedpur FC's ISL Exit A 'Punch In The Gut'

Rediff.com2 Aug 2026

Indian football legend Sunil Chhetri has voiced his deep disappointment over Jamshedpur FC's decision to withdraw from the upcoming Indian Super League season. Describing the move as "a punch in the gut," Chhetri urged the Tata Group, owners of the club, to reconsider, highlighting their crucial role in Indian football development. The club's withdrawal, influenced by a new AIFF administrative fee, means the ISL will proceed with 13 teams.

Stock Markets Today: Sensex, Nifty Rise on Bajaj Finance Q1 result

Stock Markets Today: Sensex, Nifty Rise on Bajaj Finance Q1 result

Rediff.com31 Jul 2026

Indian benchmark indices, Sensex and Nifty, opened higher on Friday, primarily driven by a significant surge in Bajaj Finance shares following its strong Q1 FY27 earnings report, coupled with continued foreign fund inflows and a dip in crude oil prices. Track Sensex, Nifty on July 31.

Stricter punishment, speedy probe as anti-paper leak law kicks in

Stricter punishment, speedy probe as anti-paper leak law kicks in

Rediff.com1 Aug 2026

President Droupadi Murmu has given her assent to the Public Examinations (Prevention of Unfair Means) Amendment Bill, 2026, which introduces fast-track courts and significantly enhances punishment for those involved in public examination question paper leaks.

Moody's: Indian banks 'more exposed' to West Asia crisis impact

Moody's: Indian banks 'more exposed' to West Asia crisis impact

Rediff.com27 May 2026

Moody's Ratings has highlighted that Indian banks are among the most exposed in the Asia-Pacific region to the West Asia crisis, primarily due to India's high dependence on energy imports, which could lead to increased inflation, higher interest rates, and strained borrower cash flows.

Court allows CBI to arrest Reliance Group executive in bank loan case

Court allows CBI to arrest Reliance Group executive in bank loan case

Rediff.com2 Jun 2026

A Mumbai court has granted the CBI permission to arrest Amitabh Jhunjhunwala, a former senior executive at Reliance Group, in connection with a case involving the alleged misuse of bank loans. Jhunjhunwala was already in judicial custody in Delhi for a related money laundering case.

N R Narayana Murthy: 'There Is Lot Of Confusion About AI'

N R Narayana Murthy: 'There Is Lot Of Confusion About AI'

Rediff.com3 Aug 2026

'At the end of the day, it is just another technology produced by the human mind.'

India's Forex Kitty Jumps $964 Million to $675.15 Billion

India's Forex Kitty Jumps $964 Million to $675.15 Billion

Rediff.com17 Jul 2026

India's foreign exchange reserves increased by USD 964 million to USD 675.157 billion in the week ending July 10, according to the Reserve Bank of India.

India's FCNR (B) Inflows Fall Short of Expectations, Rupee Weakens

India's FCNR (B) Inflows Fall Short of Expectations, Rupee Weakens

Rediff.com17 Jul 2026

Inflows into foreign currency non-resident (bank), or FCNR (B), deposits have significantly underperformed market expectations, leading to a more than 1 per cent depreciation of the rupee against the dollar this week. Analysts point to fading RBI support measures, tepid interest due to rising global bond yields, and narrowing interest rate spreads compared to 2013 as key challenges.

'Mid- Small-Caps May Deliver More Selective Returns'

'Mid- Small-Caps May Deliver More Selective Returns'

Rediff.com28 Jul 2026

'The market is currently neither cheap enough to be exciting about nor expensive enough to worry about.'

ICICI Bank Demands Rs 100 Crore from Fintechs for Alleged Merchant Misclassification

ICICI Bank Demands Rs 100 Crore from Fintechs for Alleged Merchant Misclassification

Rediff.com1 Jun 2026

ICICI Bank is seeking recoveries of at least 100 crore from fintech firms, alleging merchant misclassification of their business, a practice that has eroded the bank's interchange income. The dispute, lodged with global card network Visa, highlights growing discomfort among banks and intensified scrutiny from the Reserve Bank of India.

Why Customer Experience Is Key For Indian Banks

Why Customer Experience Is Key For Indian Banks

Rediff.com21 May 2026

An EY India report suggests that banks must compete on customer experience and evolve physical branches into phygital advisory hubs. The report highlights the importance of anticipating customer needs and blending digital tools with human interaction.

HDFC Bank Shares Fall After Report Alleges 'Camouflaged' Payments To MSRDC

HDFC Bank Shares Fall After Report Alleges 'Camouflaged' Payments To MSRDC

Rediff.com27 May 2026

HDFC Bank's shares experienced a dip on Wednesday after a newspaper report alleged that the bank made illegal payments to the Maharashtra State Road Development Corporation to secure large deposits, raising concerns about corporate governance.

FIFA advisor quits, calls World Cup stake sale 'bad deal for football'

FIFA advisor quits, calls World Cup stake sale 'bad deal for football'

Rediff.com31 Jul 2026

Carlos Cordeiro, senior advisor to FIFA president Gianni Infantino, has resigned with immediate effect, protesting a proposal to sell a stake in the World Cup, which he labelled 'a bad deal for football'.

Road Rage Attack Leaves Bank Employee Injured In Delhi

Road Rage Attack Leaves Bank Employee Injured In Delhi

Rediff.com30 May 2026

A 29-year-old bank employee was injured in a road rage incident in Delhi's Mangol Puri after a minor collision escalated into a violent confrontation. Police are investigating and searching for the accused.

Doctor, Home Guards, Lawyer Among 19 Arrested in Bilaspur Snakebite Compensation Scam

Doctor, Home Guards, Lawyer Among 19 Arrested in Bilaspur Snakebite Compensation Scam

Rediff.com21 Jul 2026

Nineteen individuals, including a doctor, two home guards, and a lawyer, have been arrested in Chhattisgarh's Bilaspur district for allegedly orchestrating a scam that involved forging post-mortem reports to fraudulently claim Rs 64 lakh in snakebite compensation.

Stock Markets Today: Sensex, Nifty climb in early trade

Stock Markets Today: Sensex, Nifty climb in early trade

Rediff.com28 Jul 2026

Indian benchmark indices Sensex and Nifty saw gains in early trade, driven by a decline in crude oil prices due to easing geopolitical tensions in West Asia and strong buying interest in the IT sector.

Real Estate Developers Shelve IPO Plans as Housing Demand Cools, Investor Sentiment Muted

Real Estate Developers Shelve IPO Plans as Housing Demand Cools, Investor Sentiment Muted

Rediff.com3 Aug 2026

Several Indian real estate companies, including BPTP Ltd and Smartworld Developers, are rethinking or shelving their initial public offering (IPO) plans, which were expected to raise around 15,000 crore, due to weaker housing demand, higher costs, and a more cautious investment climate.

Indian Equities Extend Losses as West Asia Tensions Fuel Crude Oil Price Hike

Indian Equities Extend Losses as West Asia Tensions Fuel Crude Oil Price Hike

Rediff.com23 Jul 2026

Indian benchmark indices Sensex and Nifty extended their losses for the fourth consecutive session, with the Sensex declining 363.66 points and the Nifty dipping 126.65 points, primarily due to a sharp jump in Brent crude oil prices to USD 98.32 per barrel amid escalating tensions in West Asia.

RBI Ombudsman Can Award Compensation Of Up To 30 Lakh For Financial Loss

RBI Ombudsman Can Award Compensation Of Up To 30 Lakh For Financial Loss

Rediff.com18 Jul 2026

...and 3 lakh for harassment.

When Nifty Jumped 200 Points In ONE MINUTE

When Nifty Jumped 200 Points In ONE MINUTE

Rediff.com7 days ago

The Nifty's stunning 200-point jump in the final minute of trading wasn't a glitch. It marked India's shift to a new, globally accepted system of end-of-day price discovery.

Here's why Kohli's RCB is IPL's most valuable team

Here's why Kohli's RCB is IPL's most valuable team

Rediff.com29 Jul 2026

The business value of the Indian Premier League (IPL) has surged by over 11% to $20.6 billion this year, according to U.S.-based investment bank Houlihan Lokey. This growth is driven by its robust commercial model, attracting significant investor interest, as evidenced by recent franchise ownership changes and a diversified commercial ecosystem.

'5,200 applications': Ram Temple Trust defers CEO selection by a month

'5,200 applications': Ram Temple Trust defers CEO selection by a month

Rediff.com22 Jul 2026

The Shri Ram Janmabhoomi Teerth Kshetra Trust on Wednesday deferred the selection of its first chief executive officer (CEO) by a month after receiving 5,200 applications for the post and decided to appoint a secretary in the interim to meet growing administrative requirements.

Bargain Hunting Drives Indian Equities; Sensex Up 274 Points, Nifty Above 24,300

Bargain Hunting Drives Indian Equities; Sensex Up 274 Points, Nifty Above 24,300

Rediff.com30 Jul 2026

Indian benchmark equity indices closed higher on Thursday, with the Sensex gaining 273.55 points to 77,928.15 and the Nifty rising 66.95 points to 24,317.15, driven by bargain hunting and short-covering in IT and auto sectors.

'We grant six weeks': SC orders Bihar to clear illegal Ganga encroachments

'We grant six weeks': SC orders Bihar to clear illegal Ganga encroachments

Rediff.com23 Jul 2026

The Supreme Court has issued a directive to the Bihar government, ordering the removal of all unauthorised structures and encroachments along the Ganga river banks between Nauzar Ghat and Nurpur Ghat in Patna within six weeks. The court expressed concern over illegal constructions and noted the lack of action despite previous orders, warning of strict views on any laxity. The directive came during the hearing of a plea against a National Green Tribunal order regarding encroachments on eco-fragile floodplains.

Centre Keeps FY27 Fiscal Deficit Tight

Centre Keeps FY27 Fiscal Deficit Tight

Rediff.com1 Aug 2026

The government maintained a strong pace of capital expenditure, which jumped nearly 24 per cent to Rs 3.40 trillion in April-June.

Ayodhya donation scam: SIT to question trust officials

Ayodhya donation scam: SIT to question trust officials

Rediff.com13 Jul 2026

A Special Investigation Team (SIT) probing the alleged embezzlement of donation money at the Ram Temple in Ayodhya is expected to question people associated with the Shri Ram Janmabhoomi Teerth Kshetra Trust and review banking arrangements for donations.

What you need to know about new Anti-Paper Leak Amendment Bill

What you need to know about new Anti-Paper Leak Amendment Bill

Rediff.com29 Jul 2026

The Public Examination (Prevention of Unfair Means) Amendment Bill, 2026, passed by the Lok Sabha, introduces significantly stricter punishments for individuals and organised groups involved in paper leaks and other unfair means in public examinations. The legislation aims to enhance the integrity of exams conducted by various central government agencies.