News for 'Bank of India and Bank of Maharashtra'

INDIA's PM face will be ....: Rahul Gandhi puts speculation to rest

INDIA's PM face will be ....: Rahul Gandhi puts speculation to rest

Rediff.com5 Apr 2024

Speaking at the Congress manifesto launch programme, Gandhi said it is a much closer contest than what is propagated by the media, and expressed confidence in winning the polls.

Crooks hack payment gateway company, siphon off Rs 16,180 cr

Crooks hack payment gateway company, siphon off Rs 16,180 cr

Rediff.com8 Oct 2023

When the police conducted a probe into it, a mega fraud worth over Rs 16,180 crore came to light, the official said quoting the FIR.

UP, Maharashtra have maximum debt, says petitioner in freebies PIL

UP, Maharashtra have maximum debt, says petitioner in freebies PIL

Rediff.com11 Aug 2022

The states have outstanding liabilities of a whopping Rs 59,89,360 crore as on March 31, 2021, and the new sources of risk have emerged in the form of rising expenditure on non-merit freebies, the Supreme Court was told on Thursday by a PIL petitioner opposing irrational handouts.

Kriti Makes A Knockout Appearance At Miss World

Kriti Makes A Knockout Appearance At Miss World

Rediff.com10 Mar 2024

A look at the celebs who made an appearance at the popular international beauty contest.

Ex-India cricketer Naman Ojha's father held in fund embezzlement case

Ex-India cricketer Naman Ojha's father held in fund embezzlement case

Rediff.com7 Jun 2022

The Madhya Pradesh Police have arrested the father of former Indian cricketer Naman Ojha in connection with a case of alleged embezzlement of funds in Betul district in 2013.

Who Will Taste Grapes Of Wrath In Nashik?

Who Will Taste Grapes Of Wrath In Nashik?

Rediff.com19 May 2024

'During times of adversity, a brick becomes better than a stone. That is how I look at the election season.'

PSB Bull Run: Time For Govt To Reap Riches

PSB Bull Run: Time For Govt To Reap Riches

Rediff.com19 Jul 2023

Since March 31, 2022, the PSBs' market cap has risen 43.7 per cent, from Rs. 7.29 trillion to Rs. 10.47 trillion. It's time for the government, the majority owner of public sector banks, to reap the benefit of the rally in bank stocks, recommends Tamal Bandyopadhyay.

Heavy rains wreak havoc in Maharashtra, 13 killed

Heavy rains wreak havoc in Maharashtra, 13 killed

Rediff.com29 Sep 2021

The India Meteorological Department (IMD) has forecast 'extremely heavy rains' at a few places in Marathwada, Mumbai and other parts of the coastal Konkan region of Maharashtra in the next 24 hours.

Questions dog ICICI Bank's Videocon loan thanks to Deepak Kochhar link

Questions dog ICICI Bank's Videocon loan thanks to Deepak Kochhar link

Rediff.com31 Mar 2018

ICICI Bank has quashed rumours of favouritism, nepotism and quid pro quo. The bank clarified that while Chanda Kochhar was on the credit committee, she was not the chairperson. Videocon Chairman Venugopal Dhoot said there was no impropriety in the deal.

Inflation falls to three-month low of 5.1 pc in January

Inflation falls to three-month low of 5.1 pc in January

Rediff.com12 Feb 2024

Retail inflation declined to a three-month low of 5.1 per cent in January, mainly due to subdued prices of vegetables, fruits and other food items, according to government data released on Monday. The fall indicates that retail inflation is inching towards the Reserve Bank's comfort level of 4 per cent. The Consumer Price Index (CPI) based inflation was on the rise for two straight months after touching a trough of 4.9 per cent in October 2023. In December, it stood at 5.69 per cent.

PIX: Here is how states celebrate 78th Independence Day

PIX: Here is how states celebrate 78th Independence Day

Rediff.com15 Aug 2024

Independence Day was celebrated across states and Union territories on Thursday, as several chief ministers announced job schemes while some others vowed their support for Prime Minister Narendra Modi's vision of a Viksit Bharat by 2047.

'Omar Will Be Sure Shot Chief Minister'

'Omar Will Be Sure Shot Chief Minister'

Rediff.com24 Sep 2024

'INDIA will easily cross 50 seats out of 90 in Jammu and Kashmir.'

Govt extends ban on terror group SIMI for 5 years

Govt extends ban on terror group SIMI for 5 years

Rediff.com29 Jan 2024

The Centre on Monday extended the ban on terrorist group Students Islamic Movement of India (SIMI) for five years for its involvement in fomenting terrorism and disturbing peace and communal harmony in the country.

Traders brace for impact of Paytm crisis

Traders brace for impact of Paytm crisis

Rediff.com8 Feb 2024

It's mid-morning and the two-kilometre stretch from Rashbehari Avenue to Gariahat Market is bustling with activity. Dotted with saree shops and hawker stalls that sell everything, from hairpins, hangers and towels to hosiery, mobile phone covers and kurtas, this is one of South Kolkata's busiest shopping areas. And it is beginning to wake up to the Paytm crisis.

Maharashtra not India's best: Report

Maharashtra not India's best: Report

Rediff.com25 Dec 2004

12 PSBs Post Profit Of Rs 256.85 Billion

12 PSBs Post Profit Of Rs 256.85 Billion

Rediff.com14 Dec 2022

Collectively, the pack of 12 has posted a 50 per cent rise in profits -- Rs 25,685 crore. On a quarter-on-quarter basis (that is, September over June), the rise is 68 per cent. Public sector banks have never had such a stellar performance, explains Tamal Bandyopadhyay.

'Hindus have always been the most powerful vote bank'

'Hindus have always been the most powerful vote bank'

Rediff.com21 Apr 2019

'Had Muslims been a vote bank, they wouldn't be in the condition they are now,' Asaduddin Owaisi tells Jyoti Punwani.

Electoral Bonds: The Quid Pro Quo Factor

Electoral Bonds: The Quid Pro Quo Factor

Rediff.com3 Apr 2024

Which entrepreneur would willingly part with her or his hard-earned money for grasping, self-serving politicians? asks Debashis Basu.

Join Ajit, Shinde instead of...: Modi to Pawar, Uddhav

Join Ajit, Shinde instead of...: Modi to Pawar, Uddhav

Rediff.com10 May 2024

"The nakli Shiv Sena wants to bury me alive. They abuse me in such a way that it will be liked by their favourite vote bank," Modi said.

Maharashtra top investment destination again

Maharashtra top investment destination again

Rediff.com22 Aug 2007

Maharashtra chief minister Vilasrao Deshmukh maintained that Maharashtra continues to remain the top destination for industrial investment in the country.

Bank deposits may touch Rs 17 lakh crore by 30/12

Bank deposits may touch Rs 17 lakh crore by 30/12

Rediff.com3 Dec 2016

'With 27 days to go, the total bank deposits has come tantalisingly close to the Rs 14 lakh crores of banned notes which was in the financial system on November 8.' 'Black money hoarders may have actually laundered their black money into white,' argues Rajeev Sharma.

Rains claim 27 lives in 3 western Maharashtra districts

Rains claim 27 lives in 3 western Maharashtra districts

Rediff.com15 Oct 2020

Over 20,000 people were evacuated to safer places in these three districts. State capital Mumbai too witnessed water-logging in many areas after overnight rains on Thursday.

Electoral bonds: Congress flags mismatch in donor, recipient files

Electoral bonds: Congress flags mismatch in donor, recipient files

Rediff.com15 Mar 2024

It also asked why the data shared pertained to a period from April 2019 even though the scheme for anonymous political funding was introduced in 2017.

Only Mehul Choksi, Nirav Modi, Vijay Mallya left to join BJP, says Saamana

Only Mehul Choksi, Nirav Modi, Vijay Mallya left to join BJP, says Saamana

Rediff.com5 Jul 2023

Days after Nationalist Congress Party leader Ajit Pawar joined the Maharashtra government, the Shiv Sena (UBT) on Wednesday claimed that only alleged economic offenders Mehul Choksi, Nirav Modi and Vijay Mallya were left to be inducted into the Bharatiya Janata Party.

'I've Not Backstabbed Anybody'

'I've Not Backstabbed Anybody'

Rediff.com18 Nov 2024

'They are attacking my wife; they are attacking our 13-month-old daughter. They are saying that I do drugs.' 'I'm giving an open challenge to Mr Nawab Malik and Ms Sana Malik let's go to the labs and let's do the medical test of our family and your family.'

'Even If We Have To Die, We Won't Let This Port Come Up'

'Even If We Have To Die, We Won't Let This Port Come Up'

Rediff.com13 Sep 2024

'Modi knows the people here are opposed to this project, but he is using the might of government to push this port down our throats.'

Migrants responsible for spreading Covid in Maharashtra: Raj Thackeray

Migrants responsible for spreading Covid in Maharashtra: Raj Thackeray

Rediff.com6 Apr 2021

Maharashtra Navnirman Sena chief Raj Thackeray on Tuesday said migrant workers from other states were responsible for the rapid spread of coronavirus in Maharashtra, which has been reporting a large number of new infections since the last few weeks.

We enter their homes and kill terrorists: Modi

We enter their homes and kill terrorists: Modi

Rediff.com30 Apr 2024

"During the Congress regime, the news headlines were of India handing over another dossier to Pakistan about terror activities. Some of our friends in media used to clap after such any such dossier was sent," Modi said at an election rally in Maharashtra's Latur.

India asks for $55-million funding in first call with Pandemic Fund

India asks for $55-million funding in first call with Pandemic Fund

Rediff.com30 May 2023

In a significant development, India is believed to have placed a funding request of around $55 million in its first call with the Pandemic Fund of the World Bank, sources said. The fund has been set up to finance critical investments in a bid to strengthen pandemic prevention, preparedness, and response capacities at national, regional, and global levels, with a focus on low- and middle-income countries. It was created in the aftermath of the Covid-19 global pandemic.

Indian cities sizzle at 48 deg C, respite likely after 3 days

Indian cities sizzle at 48 deg C, respite likely after 3 days

Rediff.com28 May 2024

Temperatures in 17 locations breached 48 degrees Celsius on Monday, with the relentless heat affecting health and livelihoods across large parts of northwestern and central India.

The Challenges That Await Modi 3.0

The Challenges That Await Modi 3.0

Rediff.com22 Jul 2024

'The lack of a majority isn't the issue. He has enough in 240, especially as none of his allies can pull down his coalition.' 'That's why he's started as if this were just another, normal term. That pretence is vital for him.' 'The change for Modi 3.0 comes not from numbers, but from the new environment of contestation,' points out Shekhar Gupta.

Can RBI Win The War On Inflation?

Can RBI Win The War On Inflation?

Rediff.com13 Sep 2023

'There are occasions when the prices of individual items like food raise inflation; then supply-side measures must be taken.' 'But if there is continued inflation, it means liquidity is aggravating the situation.'

DeMo was a good way of converting black money into white: SC judge

DeMo was a good way of converting black money into white: SC judge

Rediff.com31 Mar 2024

Justice BV Nagarathna said she had to dissent against the demonetisation move by the central government as in 2016, when the decision was announced, the Rs 500 and Rs 1,000 notes comprised 86 per cent of the total currency notes in circulation, and 98 per cent of it came back after they were banned.

Cong Crowdfunding Sees 20,400 Bot Attacks, 1,340 Data Theft Attempts

Cong Crowdfunding Sees 20,400 Bot Attacks, 1,340 Data Theft Attempts

Rediff.com21 Dec 2023

'Most of the bot attacks have originated from outside India.' 'Our firewalls are resilient and withstood the attacks.'

RBI likely to hold repo rate at 6.5% on June 8

RBI likely to hold repo rate at 6.5% on June 8

Rediff.com4 Jun 2023

The Reserve Bank of India (RBI) will maintain the policy repo rate at 6.5 per cent during its upcoming June 8 announcement, considering the easing of retail inflation in April and the potential for further decline, indicating the effectiveness of previous policy rate actions, anticipate experts. Headed by Reserve Bank Governor Shaktikanta Das, a meeting of the six-member Monetary Policy Committee (MPC) is scheduled for June 6-8. The decision of the 43rd meeting of the MPC would be announced on Thursday, June 8.

'Now China Is Afraid'

'Now China Is Afraid'

Rediff.com4 May 2024

'Ladakh will be dealt with in Modi's third term.'

11 Enchanting, Must-Visit Temples

11 Enchanting, Must-Visit Temples

Rediff.com19 Jan 2024

Steep yourself in the atmosphere of some of most revered Hindu temples in India.

'Electoral Bonds Not To Affect Lok Sabha Polls'

'Electoral Bonds Not To Affect Lok Sabha Polls'

Rediff.com26 Mar 2024

'Election funding needs a little more transparency.'

'Tell Modi We Waited'

'Tell Modi We Waited'

Rediff.com18 May 2024

The MNS chief started his speech with the name of Nehru, then paused. After a few tense seconds, he resumed: "After Nehru, here is the only politician who will be PM for the third term."

Borrowers will soon be able to switch to fixed-rate regime: RBI

Borrowers will soon be able to switch to fixed-rate regime: RBI

Rediff.com10 Aug 2023

The Reserve Bank on Thursday said it will come out with a framework allowing borrowers to switch to fixed interest rate from floating interest rate, a move that would provide relief to borrowers of home, auto and other loans reeling under the impact of high interest rate. Unveiling the bi-monthly monetary policy, Reserve Bank Governor Shaktikanta Das said under the framework, to be put in place shortly, the lenders will have to clearly communicate with the borrowers about tenor and EMI. "The supervisory reviews undertaken by the Reserve Bank and the feedback and references from members of public have revealed several instances of unreasonable elongation of tenor of floating rate loans by lenders without proper consent and communication to the borrowers," he said.