News for 'Bank or Post Office'

Bank board picks Dinesh Khara as new SBI chairman

Bank board picks Dinesh Khara as new SBI chairman

Rediff.com29 Aug 2020

Khara will replace SBI Chairman Rajnish Kumar, whose three-year term comes to an end on October 7.

How These Twins Topped CA Exam

How These Twins Topped CA Exam

Rediff.com16 Feb 2024

To future CA aspirants, this is what Sanskruti and Shruti Parolia would like to say: 'The journey is long and tough. Be consistent and persistent. The end result will be rewarding.'

Insure agencies turn innovative

Insure agencies turn innovative

Rediff.com14 Aug 2004

Govt announces post-retirement jobs for Agniveers as protests erupt

Govt announces post-retirement jobs for Agniveers as protests erupt

Rediff.com15 Jun 2022

The Centre on Wednesday announced a raft of post-retirement employment possibilities for 'Agniveer' like priority in recruitment to the central armed police forces (CAPF) and Assam rifles but that failed to assuage the concerns of the opposition Congress which warned the 'transformative' 'Agnipath' scheme will reduce the operational effectiveness of the armed forces.

Ram temple movement reclaimed secularism: Advani

Ram temple movement reclaimed secularism: Advani

Rediff.com13 Jan 2024

Veteran Bharatiya Janata Party leader L K Advani has said the Ram Janmbhoomi movement, whose primary objective was construction of the Ram temple in Ayodhya, also became a symbol of 'reclaiming the true meaning of secularism from the onslaught of pseudo-secularism'.

Alert! Cheque Bounce May Land You In Jail

Alert! Cheque Bounce May Land You In Jail

Rediff.com18 May 2023

Keep sufficient funds in your bank account until the cheque is cleared.

RBI readies plan to check health of banks

RBI readies plan to check health of banks

Rediff.com29 Jun 2020

The central bank has not set a deadline for banks to conclude the stress-test exercise, but senior bankers opine that some were already looking at this, and will now fast-track it by September-end, when they will have a better picture of their books after the moratorium on the servicing of loans and a 180-day view on the performance of borrowers' accounts.

How 'working in office' will never be the same again

How 'working in office' will never be the same again

Rediff.com5 Dec 2020

Fear of the disease has affected the way employees commute, the number of coffee breaks they take, and even their conversations with colleagues. Does a restricted environment affect the spirit of interaction and collaboration that offices are meant to inspire, wonders Ranjita Ganesan.

Can CEO Change Impact Stock Performance?

Can CEO Change Impact Stock Performance?

Rediff.com2 May 2023

'The impact of CEO transition is fairly even for stocks, with about half (53 per cent) of the events not producing any change in the relative performance of the stock.'

Citibank likely to hive off consumer banking business in India

Citibank likely to hive off consumer banking business in India

Rediff.com8 Mar 2021

In India, it is not easy to fight it out with the large banks which are nimble-footed and technology-savvy and are continuously innovating on the retail turf with newer products for customer acquisition.

Banks to open more counters, work extra hours to exchange notes

Banks to open more counters, work extra hours to exchange notes

Rediff.com8 Nov 2016

Anticipating panic and rush at bank counters, the Reserve Bank of India as well as the government has set up control rooms in Mumbai and the national capital to avoid any crisis, Department of Economic Affairs Secretary Shaktikanta Das said.

How note ban came to the aid of UCO Bank

How note ban came to the aid of UCO Bank

Rediff.com11 Jan 2017

While its deposits from Iran accounts have come down from a peak of around Rs 25,000 crore to Rs 2,200 crore, it's been offset by the bank receiving almost Rs 24,000 crore in deposits post note ban.

After Tax Blow To Debt MFs, HNIs May Turn To AIFs

After Tax Blow To Debt MFs, HNIs May Turn To AIFs

Rediff.com11 Apr 2023

'Given that debt AIFs, by nature, target a higher portfolio return, it is likely to attract investors like HNIs, family offices, etc, looking for a higher yield debt product.'

After Rs 351-cr Odisha cash find, IT dept ends 10-day raids

After Rs 351-cr Odisha cash find, IT dept ends 10-day raids

Rediff.com15 Dec 2023

The last two I-T teams left the premises, one each in Odisha and Jharkhand, carrying with them a number of seized "incriminating documents" and data cloned from electronic gadgets in the early morning hours.

When Sudha, Narayana Murthy Broke Up

When Sudha, Narayana Murthy Broke Up

Rediff.com19 Feb 2024

After agonizing over this for weeks, he made a decision. When they met after work one evening, he startled her by blurting out, 'I think we should break up.' A moving excerpt from Chitra Banerjee Divakaruni's An Uncommon Love: The Early Life of Sudha and Narayana Murthy.

Overseas Education Comes With A Cost

Overseas Education Comes With A Cost

Rediff.com17 May 2023

According to a 2021 Redseer report, India's overseas education market is estimated to more than double to $80 billion by 2024.

Missed ITR Deadline? Read This!

Missed ITR Deadline? Read This!

Rediff.com17 Jan 2024

'If taxpayers have not filed a belated ITR, they will be allowed to file an updated ITR from April 1, 2024.'

CBI books 5 Lt Col-ranked officers in Army recruitment scam

CBI books 5 Lt Col-ranked officers in Army recruitment scam

Rediff.com15 Mar 2021

The agency has booked 23 Army personnel and civilians, including relatives of officers, for allegedly demanding bribe and facilitating bribery, they said.

Lakshmi Vilas Bank had dug its own grave

Lakshmi Vilas Bank had dug its own grave

Rediff.com4 Dec 2020

Its obsession for growth, chasing corporate clients and giving up its original mandate of meeting the needs of local trade and businesses. A quarter of its loan book has gone bad. That's an error of business strategy, points out Tamal Bandyopadhyay.

Analysts see bond yields hitting 7.5% in near-term; how should you invest?

Analysts see bond yields hitting 7.5% in near-term; how should you invest?

Rediff.com30 Aug 2023

Bond markets, global as well as domestic, are likely headed towards hard times over the next three to six months, as higher vegetable prices, rising fuel costs, and improved wages may keep inflation hot, believe analysts, who expect the yields to hit 7.5 per cent in the near-term from the current 7.234 per cent. In this backdrop, they suggest investors can put in money in funds/instruments with residual maturity of 4 to 6 years, while longer-term investors can allocate cautiously to the longer end in the range beyond 7 years.

Exchanged old notes? Now, flash your inked finger

Exchanged old notes? Now, flash your inked finger

Rediff.com16 Nov 2016

To stop repeat money exchangers thronging banks with invalid currency notes, banks have started applying indelible ink mark on the right hand index finger of customers in the select metro cities.

Cong moves EC against Shah, Himanta for poll code violation

Cong moves EC against Shah, Himanta for poll code violation

Rediff.com25 Oct 2023

In its complaint against Shah, the Congress told the EC that the home minister claimed in a speech in Chhattisgarh's Rajnandgaon on October 16 that "...Bhupesh Baghel's government, for appeasement politics and vote bank politics, lynched Chhattisgarh's son Bhuneshwar Sahoo and got him killed..."

'Sashi' has large shoes to fill as HDFC Bank's new boss

'Sashi' has large shoes to fill as HDFC Bank's new boss

Rediff.com13 Aug 2020

Apart from navigating the bank through the Covid crisis, Jagdishan may also have to deal with the latest development on the auto loan lending practice scam. He will be expected to deliver consistent profit growth of 20 per cent-plus quarter after quarter, irrespective of the operating environment.

'ICICI Pru's focus is on value of new business growth'

'ICICI Pru's focus is on value of new business growth'

Rediff.com15 Aug 2023

'If through growth and serving the customer we become number one, we will be very happy and very proud.'

How YOU help India reduce fiscal deficit

How YOU help India reduce fiscal deficit

Rediff.com19 Feb 2019

Post office savings deposit, recurring deposit accounts and the senior citizen savings scheme account have shown the highest growth in the current financial year.

'Hum sab Indian hai; udhar bhi aur idhar bhi'

'Hum sab Indian hai; udhar bhi aur idhar bhi'

Rediff.com20 Jul 2023

At a time when Manipur is burning, voices like Colonel Sapam's serve as a healing balm. 'These are voices that need to heard and their stories of peace and reconciliation must be retold -- over and over again.

Want to invest in Corporate FDs? Read this

Want to invest in Corporate FDs? Read this

Rediff.com5 Nov 2020

When looking for alternatives, consider several parameters -- your investment horizon and liquidity requirement, post-tax returns, and risk.

Banks to use indelible ink to check repeated note exchange

Banks to use indelible ink to check repeated note exchange

Rediff.com15 Nov 2016

Govt sets up task force to monitor circulation of fake currency; suspicious Jan Dhan accounts under scanner.

GST council clears proposal to remove tax exemptions on some items

GST council clears proposal to remove tax exemptions on some items

Rediff.com28 Jun 2022

The GST Council on Tuesday approved changes in tax rates on some goods and services while allowing states to issue an e-way bill for intra-state movement of gold and precious stones, officials said. The Council, chaired by Finance Minister Nirmala Sitharaman and comprising state counterparts, also cleared a host of compliance procedures for GST-registered businesses along with a GoM report on high-risk tax payers to check evasion. The discussion on the crucial issues of extension of compensation to states beyond June 2022 and the imposition of 28 per cent GST on casinos, online gaming and horse racing, will take place on Wednesday.

Banks are investing big time in venture capital

Banks are investing big time in venture capital

Rediff.com16 Feb 2018

Banks are allowed to invest up to 10 per cent of the paid-up or unit capital in Category-I or Category-II Alternative Investment Funds

6 money tips to secure your post-retirement

6 money tips to secure your post-retirement

Rediff.com8 Jan 2018

If you plan to withdraw money from your corpus regularly to meet expenses, have a portfolio of stable instruments.

NPAs: Why debt recovery has become a huge headache for banks

NPAs: Why debt recovery has become a huge headache for banks

Rediff.com3 Sep 2018

According to a government reply in Lok Sabha, as on June 30, 2017, there were about 109,598 cases pending across debts recovery tribunals, with recovery dues of Rs 635,500 crore.

Karnataka HC bars action against Aaj Tak editor Sudhir Chaudhary's till Sep 19

Karnataka HC bars action against Aaj Tak editor Sudhir Chaudhary's till Sep 19

Rediff.com15 Sep 2023

The Karnataka high court has directed the police not to take precipitative action against Aaj Tak news channel's consulting editor Sudhir Chaudhary in an FIR filed against him, but said that there was a prima facie case against him, and it should be investigated.

Self-Employed? How To Get Term Insurance?

Self-Employed? How To Get Term Insurance?

Rediff.com13 Feb 2024

A prudent guideline for self-employed individuals is to target at least 10 to 15 times their actual annual income when determining life insurance coverage.

Battered banks staring at uncertain future

Battered banks staring at uncertain future

Rediff.com22 Jun 2020

Like everything else, the structure of banks may change, and banks may depend more on digital technologies and artificial intelligence for dealing with both their customers and employees.

CBI seeks details of murder, rape cases reported during post-poll violence from WB DGP

CBI seeks details of murder, rape cases reported during post-poll violence from WB DGP

Rediff.com20 Aug 2021

The Central Bureau of Investigation (CBI) has set up four teams, each headed by joint directors Ramnish, Anurag, Vineet Vinayak and Sampat Meena, to probe the political violence which ensued after the victory of the Trinamool Congress (TMC) on May 2 in a bitterly fought eight-phase assembly poll in West Bengal.

FinMin not stamping postal bank plan

FinMin not stamping postal bank plan

Rediff.com7 Apr 2014

Two key depts in ministry cold to rationale for one; postal dept says it's more eligible than IDFC or Bandhan, feels 'strong lobby' scuttling its plans.

'Yeh dil mange more' still echoes: Capt Vikram Batra's brother

'Yeh dil mange more' still echoes: Capt Vikram Batra's brother

Rediff.com27 Jul 2023

Captain Vikram Batra died fighting Pakistani forces during the Kargil war in 1999 at the age of 24. He was given the highest wartime gallantry award 'Param Vir Chakra' posthumously.

Stick To Shorter Tenure FDs For Now

Stick To Shorter Tenure FDs For Now

Rediff.com5 Jan 2022

'Stick to FDs of shorter tenures, preferably one-two years.'

Indian companies apply for banking licences: The complete list

Indian companies apply for banking licences: The complete list

Rediff.com2 Jul 2013

Licence winners are expected to be announced by the first quarter of 2014.