News for 'Bank or Post Office'

'Modi running around saying he has been offered 2036 Games'

'Modi running around saying he has been offered 2036 Games'

Rediff.com12 Aug 2024

French organisers turned Paris into an open-air Olympic playground where everyone was invited, with or without a ticket.

Gujarat rain-related toll rises to 26, more than 17K evacuated

Gujarat rain-related toll rises to 26, more than 17K evacuated

Rediff.com28 Aug 2024

Rain-related incidents claimed nine more lives in Gujarat, taking the death toll to 16 in two days, while another 8,500 people were relocated and rescued from flood-affected areas with rains continuing to lash some parts of the state for the fourth consecutive day on Wednesday, officials said.

Lashkar terrorist kills employee inside bank branch in J-K

Lashkar terrorist kills employee inside bank branch in J-K

Rediff.com2 Jun 2022

A bank employee from Rajasthan was shot dead on Thursday by terrorists in Kulgam district of Jammu and Kashmir, officials said.

Ambani among those setting up family business offices in Singapore

Ambani among those setting up family business offices in Singapore

Rediff.com7 Feb 2023

Ambani is in good company. The likes of ultra-rich individuals like hedge fund billionaire Ray Dalio and co-founder of Google Sergey Brin have chosen Singapore to establish their family offices. So have British inventor James Dyson, famous for his bladeless fans and hair dryers and vacuum cleaners, and Zhang Yong, founder of China's Haidilao hotpot restaurant chain, reports Lee Kah Whye.

How Punjab & Sind Bank plans to boost deposits

How Punjab & Sind Bank plans to boost deposits

Rediff.com15 Dec 2022

State-owned Punjab & Sind Bank is targeting salary accounts to boost the share of low-cost deposits. Swarup Saha, managing director and chief executive officer of the New Delhi-based lender, tells Manojit Saha that the bank may see gross non-performing assets (NPAs) fall below 8 per cent if there is resolution of the stressed assets.

Paytm assured of service continuity without disruption

Paytm assured of service continuity without disruption

Rediff.com11 Feb 2024

Fintech firm One97 Communications, which owns the Paytm brand, has received support from merchants, and it assured them of continuity of services without any disruption, the company said in a blog on Sunday. The blog post came amid the recent crisis around Paytm Payments Bank Limited (PPBL), an associate company of Paytm, which has been barred by the RBI from accepting deposits or top-ups in customer accounts, wallets, FASTags and other instruments after February 29.

Tax Query: 'How is Form 16 different from 16A?'

Tax Query: 'How is Form 16 different from 16A?'

Rediff.com26 Dec 2022

Anil Rego, CEO, Right Horizons, answers your personal income tax queries.

I-T dept asks banks to report pre-note ban cash deposits

I-T dept asks banks to report pre-note ban cash deposits

Rediff.com8 Jan 2017

Banks, cooperative banks and post offices will have to report to the tax department all cash deposits between April 1 to November 9, 2016.

Why are foreign banks marching out of retail banking?

Why are foreign banks marching out of retail banking?

Rediff.com27 Mar 2022

Foreign banks set the template in consumer banking in its infancy, but have almost vacated this booming space.

'Had liberalisation not taken place, I may have gone back to the US'

'Had liberalisation not taken place, I may have gone back to the US'

Rediff.com10 Oct 2024

An exclusive excerpt from The Tatas: How A Family Built A Business And A Nation.

Hong Kong busts $1.8-bn money laundering syndicate with India links, 7 held

Hong Kong busts $1.8-bn money laundering syndicate with India links, 7 held

Rediff.com16 Feb 2024

The syndicate used "stooge" bank accounts and shell companies to transfer the largest amount linked to a single case recorded in the city, the Customs and Excise Department of Hong Kong said.

Assam's 1994 fake encounter case settles with compensation for kin victims

Assam's 1994 fake encounter case settles with compensation for kin victims

Rediff.com4 Aug 2024

Seven accused army personnel, including a major general and two colonels, escaped from any punishment even though a military court initially and a Central Bureau of Investigation inquiry found they were involved in the alleged crime.

Infosys selected for Rs 700 cr India Post project

Infosys selected for Rs 700 cr India Post project

Rediff.com9 Aug 2012

This project aims to transform India Post into a technology-enabled and autonomous market leader.

Crypto firms see no long term impact of fall of US banks, investors unsure

Crypto firms see no long term impact of fall of US banks, investors unsure

Rediff.com15 Mar 2023

The collapse of Silvergate Bank, Silicon Valley Bank (SVB) and Signature Bank in the US might create temporary liquidity issues but will not have any significant impact on the Indian crypto market in the long run, officials from several exchanges told Business Standard. All three banks are considered crypto-friendly. SVB offered services such as cryptocurrency custody and lending.

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.

RBI extends deadline to exchange Rs 2,000 notes

RBI extends deadline to exchange Rs 2,000 notes

Rediff.com30 Sep 2023

The Reserve Bank on Saturday extended the special drive to withdraw Rs 2,000 bank notes from the system by another week, till October 7.

Chinese company shuts shop in Pakistan days after terror attack

Chinese company shuts shop in Pakistan days after terror attack

Rediff.com28 Mar 2024

Two days after five Chinese nationals were killed in a suicide attack at a hydropower project in Khyber Pakhtunkhwa in Pakistan, a Chinese company has suspended civil works and laid off hundreds of workers at another hydropower project in the same restive province, according to media reports on Thursday.

Should You Take A Loan Against MFs?

Should You Take A Loan Against MFs?

Rediff.com3 Jul 2024

'If the portfolio growth rate is higher, take this loan. If it is lower, liquidate your investments.'

ED recovers Rs 35 cr from domestic help of J'khand minister's secretary

ED recovers Rs 35 cr from domestic help of J'khand minister's secretary

Rediff.com7 May 2024

The premises are alleged to be of the domestic help of Jharkhand Rural Development Minister Alamgir Alam's personal secretary Sanjiv Lal.

The Illusion Of LAC Disengagement

The Illusion Of LAC Disengagement

Rediff.com9 Jul 2024

Disengagement from the LAC will remain a chimera because China has given enough indications that the PLA will not move back any more. China has even deployed drones to monitor and deny any patrolling by Indian troops even in the buffer zones which are all in Indian Territory, explains Lieutenant General Prakash Katoch (retd).

Protests Hit Retail Ahead of Durga Puja

Protests Hit Retail Ahead of Durga Puja

Rediff.com7 Sep 2024

West Bengal is home to 43,000 Durga Pujas, and the business around it is a major economic driver.

Why splitting banks' CMD post is a half-baked move

Why splitting banks' CMD post is a half-baked move

Rediff.com2 Jan 2015

Many bankers say the move will have a serious impact on the chain of command of nationalised banks and that it would only enable the government to dish out favours to a few of their own men.

'Unjustified': Pak after India seizes nuclear cargo from ship

'Unjustified': Pak after India seizes nuclear cargo from ship

Rediff.com3 Mar 2024

Security agencies at Mumbai's Nhava Sheva port intercepted and seized the consignment of a Karachi-bound ship from China after it was found carrying a dual-use consignment with implications for Pakistan's nuclear and ballistic missile programmes.

Govt invites applications for chief economic adviser post

Govt invites applications for chief economic adviser post

Rediff.com26 Oct 2021

The government has invited applications for the post of chief economic adviser (CEA) to replace K V Subramanian, who will complete his three-year tenure next month. Subramanian was appointed as CEA on December 7, 2018, while he assumed charge on December 24 in the same year. As per the public notice dated October 24, 2021 issued by Department of Economic Affairs, the Ministry of Finance, officer of central, state governments, RBI and public sector banks holding analogous post on regular basis in parent cadres or department are eligible to apply for the post.

HDFC Bank to launch slew of digital initiatives

HDFC Bank to launch slew of digital initiatives

Rediff.com25 Apr 2022

Having issued over 21 lakh cards since lifting of curbs last year, the country's largest private sector lender HDFC Bank is planning to launch a slew of digital initiatives over the next few quarters, a top official said. The Reserve Bank had barred HDFC Bank from issuing new credit cards following incidents of outages in the lender's internet banking /mobile banking/ payment utilities over the previous two years. The curbs were partially lifted after eight months in August last year. Finally, in March 2022, the RBI lifted all restrictions placed on the bank, including digital launches.

Market-linked pay for govt bank chiefs likely

Market-linked pay for govt bank chiefs likely

Rediff.com23 Jan 2015

The post of chairman and managing director has been split and the government has appointed managing directors and chief executive officers in four banks -- Indian Overseas Bank, United Bank of India, Oriental Bank of Commerce and Vijaya Bank.

Safeguard Streedhan. Read To Know More

Safeguard Streedhan. Read To Know More

Rediff.com13 May 2024

Streedhan refers to gifts, money or property that a woman receives before her marriage, at the time of her marriage, during childbirth or widowhood, primarily from her parents, relatives or in-laws.

Former SC judge AM Khanwilkar sworn in as Lokpal chairperson

Former SC judge AM Khanwilkar sworn in as Lokpal chairperson

Rediff.com10 Mar 2024

The Lokpal was functioning without its regular chief since Pinaki Chandra Ghose completed his term on May 27, 2022.

Even MBAs Find It Tough To Get Jobs

Even MBAs Find It Tough To Get Jobs

Rediff.com1 Jul 2024

'Corporations that were recruiting 15 or 20 [students] have reduced the number to two or three.'

Rs 500, 1000 notes scrapped; ATMs, banks closed tomorrow

Rs 500, 1000 notes scrapped; ATMs, banks closed tomorrow

Rediff.com8 Nov 2016

The people of India have 50 days, from November 10 to December 30, to deposit notes of Rs 500 and Rs 1,000 in any Bank or Post Office.

Bluechips Drive Markets To $5 Trillion

Bluechips Drive Markets To $5 Trillion

Rediff.com23 May 2024

The top 100 companies have accounted for 63% of the gains (Rs 51 trillion out of Rs 81 trillion), while firms beyond the top 100 have contributed 37 per cent (Rs 30 trillion).

RBI panel recommends NE banking overhaul

RBI panel recommends NE banking overhaul

Rediff.com7 Oct 2008

The committee headed by RBI's Deputy Governor Usha Thorat made a series of recommendations that include increasing banking penetration and strengthening of Regional Rural banks and Urban Co-operative banks in the region. It said post offices, traditional institutions and NGOs need to be co-opted by the banking industry so as to encourage economic activities.

Infosys plans to roll out Rs 700-cr project for India Post in 2yrs

Infosys plans to roll out Rs 700-cr project for India Post in 2yrs

Rediff.com6 Dec 2012

It would help the PSU transform its banking and insurance operations cross 150,000 post offices in the country.

'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.'

Political Savvy Nirmalaji's Bold Budget

Political Savvy Nirmalaji's Bold Budget

Rediff.com3 Aug 2024

Few finance ministers announce any taxation measure that could upset the stock market. Ms Sitharaman decided to take that risk, observes A K Bhattacharya.

IDBI Bank back in black in FY21 after five years

IDBI Bank back in black in FY21 after five years

Rediff.com5 May 2021

The bank expects to grow loan book by 10 per cent in the current financial year with calibrated exposure to corporate accounts and thrust on the retail segment.

Shaktikanta Das: RBI Governor Who Walks The Talk

Shaktikanta Das: RBI Governor Who Walks The Talk

Rediff.com13 Mar 2024

'Das is friendly, but he finally does what he does. The quality of engagement is very good.'

Kanpur: Man held for hate posts on FB; Sec 144 imposed ahead of Friday prayers

Kanpur: Man held for hate posts on FB; Sec 144 imposed ahead of Friday prayers

Rediff.com10 Jun 2022

It has also been decided to make heavy deployment of forces in some pockets of Kanpur ahead of Friday prayers, police said.

Should You Deposit Money In FD?

Should You Deposit Money In FD?

Rediff.com18 Jan 2024

Longer-tenure FDs generally give higher returns. Nonetheless, going for a tenure higher than two to three years is not advisable.

Who Will Vote For Vijay, And Why?

Who Will Vote For Vijay, And Why?

Rediff.com14 Aug 2024

Where do Vijay and his TVK expect to get their votes from? Vijay has a huge fan following among women, but will they automatically become his voters like they had done for MGR's AIADMK, asks N Sathiya Moorthy.