News for 'Bank of India'

Man Held With Charas Worth 1.5 Crore On Nepal Border

Man Held With Charas Worth 1.5 Crore On Nepal Border

Rediff.com26 Apr 2026

A joint team of the Anti-Narcotics Task Force and police arrested an alleged drug smuggler along the Indo-Nepal border and seized 6.77 kg of charas, valued at around Rs 1.50 crore.

Trio Arrested For Gas Cylinder APK File Fraud

Trio Arrested For Gas Cylinder APK File Fraud

Rediff.com22 Apr 2026

Mumbai Police have arrested three men from Jharkhand for creating and selling fraudulent APK files used to scam people, particularly during a recent shortage of LPG cylinders.

High Crude Prices, Global Cues Drag Indian Stock Markets Lower

High Crude Prices, Global Cues Drag Indian Stock Markets Lower

Rediff.com7 days ago

Indian benchmark stock indices, Sensex and Nifty, closed nearly 1 per cent lower due to surging crude oil prices, weak global market trends, and significant foreign fund outflows, with geopolitical tensions and inflation concerns further dampening investor sentiment.

UPI transactions dip 1.7% by value in April after record March

UPI transactions dip 1.7% by value in April after record March

Rediff.com5 days ago

Unified Payments Interface (UPI) transaction value and volume saw a slight month-on-month dip in April after record highs in March, but daily transaction volumes increased, indicating sustained growth in digital payments across India.

Did Delimitation Tilt Assam's Electoral Map In BJP's Favour?

Did Delimitation Tilt Assam's Electoral Map In BJP's Favour?

Rediff.com3 days ago

The delimitation in Assam has quietly changed the political scene, raising questions about whether new constituency boundaries helped the BJP by spreading out Muslim-majority voters.

Navi Mumbai E-Service Operator Booked For Alleged Loan Fraud

Navi Mumbai E-Service Operator Booked For Alleged Loan Fraud

Rediff.com27 Apr 2026

An e-service centre operator in Navi Mumbai is accused of defrauding multiple individuals of over Rs 20 lakh by promising business loans under the 'Stand-Up India' scheme and then disappearing after collecting processing fees.

Lessons that opposition party needs to learn after Bengal elections

Lessons that opposition party needs to learn after Bengal elections

Rediff.com2 days ago

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.

Andrew Holland: 'I'd Lean Towards 60-70% in Largecaps'

Andrew Holland: 'I'd Lean Towards 60-70% in Largecaps'

Rediff.com28 Apr 2026

'... with the rest split between mid and smallcaps, as valuations are becoming more attractive across segments.'

'Banks not investing in right technology'

'Banks not investing in right technology'

Rediff.com10 Feb 2026

'There is a challenge in repositioning yourself, maybe reinventing yourself.'

Indian Equities Rebound as FMCG, Auto Shares Advance Amid Earnings Optimism

Indian Equities Rebound as FMCG, Auto Shares Advance Amid Earnings Optimism

Rediff.com29 Apr 2026

Indian equity benchmarks Sensex and Nifty surged nearly 1 per cent, driven by strong earnings reports from FMCG and auto sectors, alongside a rally in Asian markets and signs of de-escalation in geopolitical tensions.

Stock markets today: Sensex, Nifty50 close flat in volatile trade

Stock markets today: Sensex, Nifty50 close flat in volatile trade

Rediff.com20 Apr 2026

Indian benchmark indices, Sensex and Nifty, closed almost unchanged in a volatile session as investors reacted cautiously to mounting geopolitical headwinds and a significant jump in crude oil prices, with Brent crude surging to USD 94.68 per barrel.

RBI mandates faster credit of inward remittances

RBI mandates faster credit of inward remittances

Rediff.com10 Apr 2026

The Reserve Bank of India (RBI) has introduced stricter timelines for banks to process inward cross-border remittances, aiming to reduce delays in crediting funds to beneficiaries by mandating immediate customer intimation and more frequent nostro account reconciliation.

Stock Markets Today: Sensex, Nifty50 Turn Volatile on West Asia Crisis

Stock Markets Today: Sensex, Nifty50 Turn Volatile on West Asia Crisis

Rediff.com20 Apr 2026

Indian benchmark indices Sensex and Nifty experienced volatility due to conflicting developments in West Asia, including reports of the Strait of Hormuz closure, which led to a rebound in crude oil prices and heightened investor concerns about supply disruptions and inflation.

How RBI Plans To Protect Your Money From Scams

How RBI Plans To Protect Your Money From Scams

Rediff.com16 Apr 2026

The proposed solution is a one-hour delay for digital transactions exceeding Rs 10,000, particularly when the transfer is made to a new or unverified beneficiary. The idea is simple -- give users a window to reconsider, detect fraud or alert their bank before the funds are irretrievably transferred.

Exporters' body flags rising freight costs, seeks liquidity help from RBI

Exporters' body flags rising freight costs, seeks liquidity help from RBI

Rediff.com18 Apr 2026

The Federation of Indian Export Organisations (FIEO) has appealed to the Reserve Bank of India (RBI) for liquidity support to Indian exporters, citing a significant increase in freight costs and extended payment cycles due to the ongoing West Asia conflict.

Net FDI turned positive in Feb after 6 months

Net FDI turned positive in Feb after 6 months

Rediff.com24 Apr 2026

India's net foreign direct investment (FDI) recorded a positive $4.6 billion in February, breaking a six-month streak of negative figures, attributed to increased gross inflows and reduced repatriations, according to the Reserve Bank of India.

'Equity Investing In Good Shape And Fashionable As Ever!'

'Equity Investing In Good Shape And Fashionable As Ever!'

Rediff.com29 Apr 2026

'In India's case, an extended earnings slowdown accompanied by rich valuations have dimmed returns since late 2024.'

Kara Review: Dhanush Anchors a Flawed Heist-Thriller

Kara Review: Dhanush Anchors a Flawed Heist-Thriller

Rediff.com7 days ago

Kara had the makings of a fine heist thriller anchored by a superlative Dhanush, but a slack screenplay in crucial stretches and an overdose of melodrama ensure it only works in patches, observes Sreeju Sudhakaran.

Cyber Fraud Network Busted In Gujarat, Eight Arrested

Cyber Fraud Network Busted In Gujarat, Eight Arrested

Rediff.com22 Apr 2026

Gujarat police have arrested eight individuals for their alleged involvement in a cyber fraud network that handled transactions worth over Rs 288 crore. The arrests were made as part of 'Operation Mule Hunt 2.0', targeting organised cyber crime.

DP World PGTI Appoints Rachana Bahadur As Advisor

DP World PGTI Appoints Rachana Bahadur As Advisor

Rediff.com18 Apr 2026

The DP World Professional Golf Tour of India has appointed Rachana Bahadur, Senior Vice President and Country Head " India at Synchrony Financial, as an advisor to the organisation.

IDFC First Bank Pays Rs 583 Cr To Haryana Govt

IDFC First Bank Pays Rs 583 Cr To Haryana Govt

Rediff.com25 Feb 2026

'...even though the investigation in the matter is ongoing, we have paid 100 per cent of the principal and interest to relevant departments of the Haryana government.'

Amit Shah Accuses Mamata Banerjee Of Turning Kolkata Into 'City Of Slums'

Amit Shah Accuses Mamata Banerjee Of Turning Kolkata Into 'City Of Slums'

Rediff.com22 Apr 2026

Union Home Minister Amit Shah has accused the TMC government of turning Kolkata into a 'city of slums' and using infiltrators as a vote bank, sparking a strong reaction from the TMC, which accused him of insulting the people of Bengal.

$6-Billion Foreign Bet on India's Private Banks

$6-Billion Foreign Bet on India's Private Banks

Rediff.com12 Jan 2026

Cleaner balance sheets, regulatory support and strong growth prospects helped Indian private banks attract over $6 billion in foreign capital, with more deals expected in 2026.

How SIS Plans To Achieve Rs 20,000 Crore Revenue Target

How SIS Plans To Achieve Rs 20,000 Crore Revenue Target

Rediff.com4 days ago

SIS Ltd, a security and facility management services provider, aims to cross Rs 20,000 crore in revenue by FY27, driven by strong double-digit growth, expansion of its service network, and a simplified regulatory framework under new labour codes, said its Group Managing Director Rituraj Sinha.

Interstate Cyber Fraud Syndicate Busted: Five Arrested in Delhi

Interstate Cyber Fraud Syndicate Busted: Five Arrested in Delhi

Rediff.com12 Apr 2026

Delhi Police have arrested five individuals for allegedly running an interstate cyber fraud syndicate that used mule bank accounts to launder money across India and abroad. The investigation revealed links to international handlers and the use of cryptocurrency to route funds.

Nat Sciver-Brunt to captain England at T20 World Cup

Nat Sciver-Brunt to captain England at T20 World Cup

Rediff.com28 Apr 2026

Nat Sciver-Brunt will captain the 15-member England squad for the upcoming 2026 ICC Women's T20 World Cup, the ECB announced. The same squad will also participate in the preceding series against India and New Zealand in May-June.

Rupee plunges to all-time low of 94.88 against US dollar, pressured by crude and FII selling

Rupee plunges to all-time low of 94.88 against US dollar, pressured by crude and FII selling

Rediff.com29 Apr 2026

The Indian rupee depreciated 20 paise to close at a fresh all-time low of 94.88 against the US dollar, driven by surging Brent crude oil prices, hovering around USD 115 per barrel, and persistent foreign capital outflows.

'Impact of the spike in energy prices will be transient'

'Impact of the spike in energy prices will be transient'

Rediff.com29 Apr 2026

'As re-industrialisation gathers pace across regions like Asia, Europe and the US, a wide range of products and inputs will see demand.'

India's forex reserves drop $7 bn to $709.76 bn

India's forex reserves drop $7 bn to $709.76 bn

Rediff.com20 Mar 2026

India's foreign exchange reserves decreased by USD 7.052 billion to USD 709.759 billion in the week ending March 13, according to the Reserve Bank of India (RBI). This decline follows a previous drop and comes after reserves reached an all-time high in February.

J&K Governor Accuses Pakistan Of Pushing Drugs

J&K Governor Accuses Pakistan Of Pushing Drugs

Rediff.com4 days ago

Jammu and Kashmir Lieutenant Governor Manoj Sinha has accused Pakistan of targeting the region's youth by flooding the streets with drugs, vowing to combat the menace and protect the younger generation.

ED probes Christian group over foreign card cash deals in Maoist areas

ED probes Christian group over foreign card cash deals in Maoist areas

Rediff.com25 Apr 2026

The Enforcement Directorate (ED) is investigating the use of foreign debit cards by a global Christian mission to withdraw crores of rupees in Naxal violence-hit regions of India. Searches were conducted in multiple states, and foreign debit cards, cash, and digital devices were seized.

Indian Markets Extend Losses as Crude Oil Breaches $100 Amid US-Iran Standoff

Indian Markets Extend Losses as Crude Oil Breaches $100 Amid US-Iran Standoff

Rediff.com23 Apr 2026

Indian stock markets experienced a second consecutive day of losses, with the Sensex tumbling 852 points, as crude oil prices surpassed USD 100 per barrel due to stalled US-Iran negotiations and escalating geopolitical tensions in West Asia.

Indore Police Bust Investment Fraud Ring Operating From Cambodia

Indore Police Bust Investment Fraud Ring Operating From Cambodia

Rediff.com17 Apr 2026

Indore police have busted a gang involved in investment fraud, arresting five individuals and uncovering links to a WhatsApp account operated from Cambodia.

NSE-listed companies increase CSR spending by 23% to Rs 22,212 crore in FY25

NSE-listed companies increase CSR spending by 23% to Rs 22,212 crore in FY25

Rediff.com21 Apr 2026

Companies listed on the National Stock Exchange (NSE) main board increased their Corporate Social Responsibility (CSR) expenditure by 23 per cent year-on-year to Rs 22,212 crore in 2024-25 (FY25), driven by a significant jump in average net profits, according to a PRIME Database Group report.

Indian Police Uncover Rs 77 Crore Cyber Fraud Operation Linked to Dubai

Indian Police Uncover Rs 77 Crore Cyber Fraud Operation Linked to Dubai

Rediff.com13 Apr 2026

Gujarat police have dismantled a Rs 77 crore cyber fraud operation with links to 375 cases nationwide, arresting 16 individuals and uncovering international connections.

West Asia crisis, inflation weighed on RBI panel's decision on interest rate

West Asia crisis, inflation weighed on RBI panel's decision on interest rate

Rediff.com22 Apr 2026

Uncertainties stemming from the West Asia crisis and its potential impact on inflation and economic growth were key factors in the Reserve Bank of India's Monetary Policy Committee (MPC) decision to maintain the status quo on interest rates, according to the recently released MPC meeting minutes.

How AI Will Enhance Crime Tracking and Criminal Profiling in India

How AI Will Enhance Crime Tracking and Criminal Profiling in India

Rediff.com31 Mar 2026

The Indian government is integrating artificial intelligence into the Crime and Criminal Tracking Network & Systems (CCTNS) 2.0 to enhance crime tracking, criminal profiling, and predictive policing across the country.

Why RBI's forex cap direction has not worked

Why RBI's forex cap direction has not worked

Rediff.com7 Apr 2026

The Reserve Bank of India's (RBI) cap on banks' forex positions provided only a temporary boost to the rupee, with the currency quickly reversing gains and breaching the 95-per-dollar mark due to persistent underlying pressures.

Four Arrested For Duping Woman With England Promise

Four Arrested For Duping Woman With England Promise

Rediff.com21 Apr 2026

Faridabad police have arrested four individuals from Patna for allegedly defrauding a woman of over Rs 2.5 lakh by promising to take her to England. The accused, who operated three accounts used in the cybercrime, are in police custody and being questioned.

How AI Skills Can Give Indian Employees An Edge

How AI Skills Can Give Indian Employees An Edge

Rediff.com26 Apr 2026

Employees with artificial intelligence skills are likely to see better salary increments in the coming years, especially in technology, GCCs, and BFSI sectors, according to TeamLease Edtech.