News for 'Bank'

Assam Elections: Who Are the Richest Candidates?

Assam Elections: Who Are the Richest Candidates?

Rediff.com28 Mar 2026

Election affidavits in Assam have unveiled significant financial disparities among key candidates, with some declaring extensive assets, multiple bank accounts, and numerous vehicles, while others report more modest holdings.

Sri Lanka Unveils Economic Relief Plan to Counter West Asia Conflict Impact

Sri Lanka Unveils Economic Relief Plan to Counter West Asia Conflict Impact

Rediff.com7 Apr 2026

Sri Lankan President Anura Kumara Dissanayake has announced an economic relief package to mitigate the impact of the West Asia conflict, including fuel price reductions and support from India for petrol and diesel supplies.

RBI Unveils 'Payments Vision 2028' with Focus on Digital Security and Innovation

RBI Unveils 'Payments Vision 2028' with Focus on Digital Security and Innovation

Rediff.com27 Mar 2026

The Reserve Bank of India (RBI) has introduced its 'Payments Vision 2028' document, outlining initiatives to enhance digital payment security, introduce electronic cheques, and expand regulatory oversight to include e-commerce entities.

Regulatory Tightening, STT Hike Dampen Indian Equities Trading Volumes

Regulatory Tightening, STT Hike Dampen Indian Equities Trading Volumes

Rediff.com3 Apr 2026

Indian equities trading activity saw a moderation in FY26, with cash market turnover declining and derivatives growth remaining subdued due to regulatory tightening and weak market performance. Further impacts are expected from new RBI norms and a hike in Securities Transaction Tax (STT).

Bombay High Court Rules PMLA Takes Precedence Over SARFAESI, RDB Acts

Bombay High Court Rules PMLA Takes Precedence Over SARFAESI, RDB Acts

Rediff.com30 Mar 2026

The Bombay High Court has ruled that the Prevention of Money Laundering Act (PMLA) takes precedence over debt recovery laws like SARFAESI and RDB Acts when it comes to the attachment of proceeds of crime.

Kerala's LDF Accuses UDF Candidate of Bribery in Kuttanad Assembly Election

Kerala's LDF Accuses UDF Candidate of Bribery in Kuttanad Assembly Election

Rediff.com12 Apr 2026

The LDF has filed a complaint with the Election Commission alleging that UDF candidate Reji Cheriyan engaged in cash-for-vote practices during the Kuttanad Assembly election campaign.

UPI Transactions Surge to Record High: Understanding the Growth Factors

UPI Transactions Surge to Record High: Understanding the Growth Factors

Rediff.com2 Apr 2026

Unified Payments Interface (UPI) transactions in India reached a record high in March, driven by increased adoption and global expansion. The system now accounts for 85% of digital transactions in India and is live in eight countries.

UPI Transactions Surge to Record Levels in March

UPI Transactions Surge to Record Levels in March

Rediff.com2 Apr 2026

Unified Payments Interface (UPI) transactions in India reached a record high in March, with 22.64 billion transactions, marking a significant increase from the previous year and highlighting the growing adoption of digital payments.

CII seeks fiscal support, credit lines for industries hit by West Asia conflict

CII seeks fiscal support, credit lines for industries hit by West Asia conflict

Rediff.com6 Apr 2026

The Confederation of Indian Industry (CII) has proposed a 20-point policy agenda to the finance ministry, including a conflict-linked emergency credit line guarantee scheme and tax rationalisation on energy inputs, to support MSMEs, exporters, and energy-intensive industries affected by the ongoing West Asia war.

Amit Shah Promises to Recover 'Stolen' Funds, Boost North Bengal Development

Amit Shah Promises to Recover 'Stolen' Funds, Boost North Bengal Development

Rediff.com15 Apr 2026

Union Home Minister Amit Shah pledged the BJP will recover funds allegedly stolen by the TMC in Bengal and promised development schemes for North Bengal, while attacking Mamata Banerjee's governance.

Revealed! Nirmalaji's 'Dharam Sankat'...

Revealed! Nirmalaji's 'Dharam Sankat'...

Rediff.com7 Apr 2026

'Whether you will bring this down and cause hurt to senior citizens, who are probably living on that little interest rate that they earn out of it... But equally, if I just look at the kitty of the National Small Savings Fund, it is from that same kitty that I'm borrowing.'

Hyderabad Duo Arrested in Connection with Belagavi 'Digital Arrest' Scam

Hyderabad Duo Arrested in Connection with Belagavi 'Digital Arrest' Scam

Rediff.com11 Apr 2026

Two individuals from Hyderabad have been arrested in connection with a 'digital arrest' scam in Belagavi, where an 81-year-old businessman was defrauded of over Rs 15 crore.

'FY27 Presents Clear Runway For Earnings Improvement'

'FY27 Presents Clear Runway For Earnings Improvement'

Rediff.com16 Apr 2026

'In investing, poor sentiment is always a good vintage to build a portfolio.'

Stock Market Today: Sensex, Nifty50 Dip on High Crude Price

Stock Market Today: Sensex, Nifty50 Dip on High Crude Price

Rediff.com6 Apr 2026

Indian equities on Dalal Street declined in early trade on Monday as crude oil prices climbed amid fears of further escalation in the West Asia the war. Track Sensex, Nifty50 movement and key market drivers for Apr 6, 2026.

Major Drug Bust: Jharkhand Police Recover Narcotics Worth 2.55 Crore

Major Drug Bust: Jharkhand Police Recover Narcotics Worth 2.55 Crore

Rediff.com11 Apr 2026

Jharkhand police seized narcotics worth Rs 2.55 crore from Palamu and Chatra districts, arresting two individuals and conducting raids to apprehend further suspects.

Banking services impacted as unions go on nationwide strike

Banking services impacted as unions go on nationwide strike

Rediff.com27 Jan 2026

Banking operations at public sector banks across the country were impacted on Tuesday as the United Forum of Bank Unions (UFBU) went on nationwide strike demanding the immediate implementation of a five-day work week.

R. Vaishali's Candidates Triumph: The Making Of A Chess Champion Through Family And Perseverance

R. Vaishali's Candidates Triumph: The Making Of A Chess Champion Through Family And Perseverance

Rediff.com16 Apr 2026

R. Vaishali, the newly-crowned Candidates champion, exemplifies quiet intensity and strong values, nurtured by a supportive family, as she prepares for the World Championship showdown against Ju Wenjun.

CBDT Urged to Issue Master Circular

CBDT Urged to Issue Master Circular

Rediff.com13 Apr 2026

'In practical terms, a Master Circular is not merely desirable; it is a necessary transition tool to ensure that the promise of simplification under the Income-Tax Act, 2025, is fully realised.'

Sensex Crashes 1,400 Points, Nifty Near 22,250: Trump-Iran Tensions Trigger Market Selloff

Sensex Crashes 1,400 Points, Nifty Near 22,250: Trump-Iran Tensions Trigger Market Selloff

Rediff.com2 Apr 2026

Sensex plunges over 1,400 points and Nifty slips near 22,250 amid Trump's Iran threat, rising crude oil prices, and FII selling. Here are the key reasons behind today's market crash.

India Inc hits pause on factory expansion in March

India Inc hits pause on factory expansion in March

Rediff.com10 Apr 2026

India's new manufacturing project announcements more than halved in the fourth quarter of FY26, falling 60 per cent sequentially and 78 per cent year-on-year to approximately 1.7 trillion, driven by global uncertainties, geopolitical conflicts in West Asia, and existing unutilised manufacturing capacity.

Stock Market Today: Sensex, Nifty50 decline 2% on rising tensions in West Asia

Stock Market Today: Sensex, Nifty50 decline 2% on rising tensions in West Asia

Rediff.com2 Apr 2026

Indian equities on Dalal Street saw volatility as global market trends and fresh tariff concerns linked to Donald Trump impacted investor sentiment. Track Sensex, Nifty50 movement and key market drivers for April 2, 2026.

'Only they can play that role': Tharoor's dig at Pak over US-Iran talks

'Only they can play that role': Tharoor's dig at Pak over US-Iran talks

Rediff.com11 Apr 2026

Congress leader Shashi Tharoor discusses India's role in the US-Iran peace talks taking place in Islamabad, emphasising the importance of peace over competition with Pakistan and highlighting India's regional interests.

Govt receives financial bids for IDBI Bank stake sale, says Dipam

Govt receives financial bids for IDBI Bank stake sale, says Dipam

Rediff.com7 Feb 2026

The government on Friday received financial bids for the strategic disinvestment of IDBI Bank, the Department of Investment and Public Asset Management (Dipam) said in an official statement on X.

Public sector banks' profit grows 18% to record Rs 52,603 cr in Q3

Public sector banks' profit grows 18% to record Rs 52,603 cr in Q3

Rediff.com9 Feb 2026

Led by the country's biggest lender State Bank of India (SBI), public sector banks logged a record cumulative profit of Rs 52,603 crore in the third quarter of the current fiscal, reflecting an 18 per cent year-on-year growth.

Massive Turnout for PNB Soldierathon 2026 Honours Armed Forces

Massive Turnout for PNB Soldierathon 2026 Honours Armed Forces

Rediff.com5 Apr 2026

Over 27,000 people participated in the PNB 'Soldierathon 2026', commemorating 'Operation Sindoor' and honouring the Indian armed forces. The event, organised in association with the Indian armed forces, featured half marathons and 10 km runs.

Actor-politician Vijay discloses 603 crore in assets ahead of Tamil Nadu polls

Actor-politician Vijay discloses 603 crore in assets ahead of Tamil Nadu polls

Rediff.com31 Mar 2026

TVK chief Vijay declared assets worth 603.20 crore in his election affidavit, including luxury cars and significant bank deposits, ahead of the Tamil Nadu Assembly polls.

Delhi Court Remands I-PAC Co-founder to ED Custody in Money Laundering Case

Delhi Court Remands I-PAC Co-founder to ED Custody in Money Laundering Case

Rediff.com14 Apr 2026

A Delhi court has remanded I-PAC co-founder Vinesh Chandel to the Enforcement Directorate's custody for 10 days in connection with a money laundering case involving alleged diversion of funds worth crores of rupees.

A War With No Exit Strategy, No Victory To Declare

A War With No Exit Strategy, No Victory To Declare

Rediff.com20 Apr 2026

Both sides have now revealed a preference for escalation over strategic defeat, and each new provocation narrows the space for the next pause. The Touska seizure, Iran's refusal to negotiate under blockade, Israel's strikes on Iranian oil infrastructure -- all of these add up to an increasingly untenable situation. This makes the wild card -- Trump and his motormouth -- more consequential than ever, notes Prem Panicker in his must read blog on the Iran War.

Government to Revamp TOPS Scheme with Focus on High-Yielding Sports

Government to Revamp TOPS Scheme with Focus on High-Yielding Sports

Rediff.com13 Apr 2026

The Indian government is set to revamp its Target Olympic Podium Scheme (TOPS), focusing on quarterly athlete evaluations and prioritising high medal-yielding sports like aquatics and cycling to improve performance at the Olympic Games.

Gold price volatility: Lenders demand more collateral or partial repayment if LTVs breached

Gold price volatility: Lenders demand more collateral or partial repayment if LTVs breached

Rediff.com3 Apr 2026

Lenders are actively monitoring gold price volatility, prompting them to ask borrowers for additional gold collateral or partial principal repayment when loan-to-value (LTV) thresholds are breached, particularly for loans disbursed in February.

Odisha Vigilance Uncovers Assets Linked to Irrigation Engineer

Odisha Vigilance Uncovers Assets Linked to Irrigation Engineer

Rediff.com8 Apr 2026

The Odisha Vigilance Department has uncovered significant assets, including a farmhouse, a palatial building, plots, and bank deposits, during raids on an irrigation department engineer.

Six Arrested in Delhi for Operating Fake Loan App Cyber Fraud

Six Arrested in Delhi for Operating Fake Loan App Cyber Fraud

Rediff.com9 Apr 2026

Delhi Police have arrested six individuals involved in a transnational cyber fraud syndicate that operated fake loan applications and siphoned money through mule bank accounts.

Realme 16 5G Is Here!

Realme 16 5G Is Here!

Rediff.com7 Apr 2026

The Realme 16 5G is here! 6.57-inch display, ample battery and storage and 2 soph colours

Delhi Police Dismantles International Cyber Fraud Ring Using SIM Box Technology

Delhi Police Dismantles International Cyber Fraud Ring Using SIM Box Technology

Rediff.com10 Apr 2026

Delhi Police have dismantled a major international cyber fraud syndicate using illegal 'SIM Box' technology to defraud people through digital arrest scams and fake investment schemes. Two individuals have been arrested, and the investigation revealed links to handlers in Cambodia and other Southeast Asian countries.

The Luv Kush Factor: Why BJP Picked Samrat Choudhary

The Luv Kush Factor: Why BJP Picked Samrat Choudhary

Rediff.com15 Apr 2026

The BJP will use Samrat Choudhary to make a dent into Nitish Kumar's traditional social support base of Kurmi and Koeri/Kushwaha communities.

Iranian Oil Tanker Changes Course from India to China Amid Payment Concerns

Iranian Oil Tanker Changes Course from India to China Amid Payment Concerns

Rediff.com3 Apr 2026

A US-sanctioned tanker carrying Iranian crude oil has rerouted mid-voyage from its previously indicated destination of India to China, raising questions about payment issues and the future of India's Iranian oil imports.

UPI and Card Payments Simplify Customs Duty on ICEGATE

UPI and Card Payments Simplify Customs Duty on ICEGATE

Rediff.com25 Mar 2026

The Central Board of Indirect Taxes and Customs (CBIC) has enabled UPI, debit, and credit card payments for Customs duty on the ICEGATE portal, enhancing ease of doing business for importers and exporters.

Gains ahead for Bharti Airtel on multiple triggers, recent correction

Gains ahead for Bharti Airtel on multiple triggers, recent correction

Rediff.com10 Apr 2026

Despite recent share price dips, Bharti Airtel is strategically positioned for growth, driven by investments in data centres via Nxtra, a potential tariff hike, and strong performance in Africa, alongside efforts to deleverage and expand its subscriber base in underpenetrated rural markets.

Venugopal Files Defamation Suit Over Election Accusations

Venugopal Files Defamation Suit Over Election Accusations

Rediff.com5 Apr 2026

Congress leader K C Venugopal has filed a defamation complaint against a Haryana-based man, alleging politically motivated accusations ahead of the Kerala Assembly elections.

West Bengal Polls: Mamata Banerjee Can't Underestimate BJP

West Bengal Polls: Mamata Banerjee Can't Underestimate BJP

Rediff.com18 Apr 2026

This election is different. It is no longer simply about governance or welfare. It is about identity, fear, and who belongs. The BJP has successfully shifted the terms of the debate from what the government has delivered to who the real Bengali is and who is an outsider, points out Ramesh Menon.