News for 'Bank'

Should India Retain The Inflation Targeting Regime?

Should India Retain The Inflation Targeting Regime?

Rediff.com1 Dec 2025

The best way for India to prepare is by preserving and strengthening the RBI's hard-won credibility, point out Rajeswari Sengupta and Vaishali Garga.

Sensex, Nifty scale record highs on rate cut hopes

Sensex, Nifty scale record highs on rate cut hopes

Rediff.com27 Nov 2025

Among Sensex firms, Bajaj Finance, ICICI Bank, Hindustan Unilever, Bajaj Finserv, HCL Tech and HDFC Bank were the major gainers. However, Maruti, Eternal, UltraTech Cement and State Bank of India were among the laggards.

SC asks CBI to probe digital arrest scams nationwide

SC asks CBI to probe digital arrest scams nationwide

Rediff.com1 Dec 2025

The Supreme Court has directed the CBI to conduct a pan-India investigation into digital arrest scams and questioned the RBI about its lack of AI usage in detecting and freezing accounts used by cybercriminals.

How to Turn Market News into Tradable Stocks?

How to Turn Market News into Tradable Stocks?

Rediff.com18 Dec 2025

If you are actively trading, you can't possibly overlook headlines. Early announcements, policy changes, or even a disruption in a certain industry habitually grab your attention. These headlines, when strategically assessed, can generate profitable trading ideas.

Sweet Dreams: How A Banker Became A Chocolatier

Sweet Dreams: How A Banker Became A Chocolatier

Rediff.com18 Dec 2025

'If I were a housewife, it would have been Ok. But I was set in my job and then suddenly I quit.'

MFs Gain Ground Over Bank Deposits

MFs Gain Ground Over Bank Deposits

Rediff.com1 Sep 2025

The ratio of MF assets under management to total bank deposits has more than doubled in 10 years.

Rupee slumps 29 paise to close at all-time low of 90.78/USD

Rupee slumps 29 paise to close at all-time low of 90.78/USD

Rediff.com15 Dec 2025

The rupee plunged 26 paise to an all-time low of 90.75 against the US dollar in intra-day trade on Monday, weighed down by uncertainty over an India-US trade deal and persistent foreign fund outflows.

CSK's Youth Gamble Signals Post-Dhoni Thinking

CSK's Youth Gamble Signals Post-Dhoni Thinking

Rediff.com16 Dec 2025

Spending more than US$3 million (Rs 28.40 crore) and nearly 60 percent of their purse on players, who can proverbially be termed as wet behind the ears, does display a change in mindset.

Sensex, Nifty close marginally lower after hitting fresh lifetime highs

Sensex, Nifty close marginally lower after hitting fresh lifetime highs

Rediff.com1 Dec 2025

Among Sensex firms, Bajaj Finance, Sun Pharma, Trent, Mahindra & Mahindra, State Bank of India and Bajaj Finserv were the major laggards. However, Tata Motors Passenger Vehicles, Maruti, Bharat Electronics, Kotak Mahindra Bank, Adani Ports and HCL Tech were among the gainers.

India, Oman to ink free trade agreement during PM Narendra Modi visit

India, Oman to ink free trade agreement during PM Narendra Modi visit

Rediff.com13 Dec 2025

Next week's three-nation foreign tour of Prime Minister Narendra Modi will see India and Oman sign a free trade deal. The visit will also pave the way for agreements with Ethiopia and Jordan to increase India's bilateral trade and investments.

'Can I Claim HRA, Home Loan Benefit If...?'

'Can I Claim HRA, Home Loan Benefit If...?'

Rediff.com16 Dec 2025

rediffGURU T S Khurana answers readers' personal income tax queries

Importers rush to hedge while exporters wait on sidelines amid rupee dip

Importers rush to hedge while exporters wait on sidelines amid rupee dip

Rediff.com5 Dec 2025

Importers are rushing to hedge their dollar positions amid the sharp depreciation of the rupee against the American currency and expectations of further volatility even as exporters are holding off after suffering mark-to-market (MTM) losses on earlier hedges.

'Confident of good trade deal with US'

'Confident of good trade deal with US'

Rediff.com21 Nov 2025

Officials from both India and the US in the recent past have indicated that a "fair deal" will be concluded soon, with Indian officials holding that more formal rounds of talks are not needed.

8 Places To Be For A Perfect Christmas

8 Places To Be For A Perfect Christmas

Rediff.com15 Dec 2025

Which are some of most special places in the world to celebrate Christmas?

The Great Shamsuddin Family Review: Interesting Watch

The Great Shamsuddin Family Review: Interesting Watch

Rediff.com12 Dec 2025

The Great Shamsuddin Family is a seemingly light chamber piece that hides its claws of social commentary under the chirpy banter of an apartment full of women, observes Deepa Gahlot.

Will 1600 Number Stop Scam Calls?

Will 1600 Number Stop Scam Calls?

Rediff.com20 Nov 2025

Trai has ordered BFSI firms to move service and transaction calls to the 1600 series from 2026 to reduce spam, financial fraud, and rising digital arrest scams.

What Is DMK's Plan To Counter Vijay?

What Is DMK's Plan To Counter Vijay?

Rediff.com18 Dec 2025

The DMK may consider a two-tier campaign, where they keep the focus on Chief Minister Stalin, as a senior statesman with 50-plus years of political experience, and let EPS and the BJP shout in the wilderness. In such a case, the second-tier may project Udhayanidhi as the contender and chosen obstructionist in Vijay's path. The attempt, if any, would be to reduce Vijay to Udhayanidhi's level when the former is aiming at Stalin and Stalin alone in the state's political horizon, predicts N Sathiya Moorthy.

IPL 2026 Auction: 10 Most Expensive Players

IPL 2026 Auction: 10 Most Expensive Players

Rediff.com19 Dec 2025

Kolkata Knight Riders splashed the cash as they spent a record breaking Rs 25.20 to buy Australian all-rounder Cameron Green.

Green to set off bidding war at IPL Auction

Green to set off bidding war at IPL Auction

Rediff.com15 Dec 2025

Pace bowling all-rounders always come at a premium and therefore, the troika of Green, Venkatesh Iyer and West Indies' Jason Holder, all coming at the highest base price of Rs 2 crore (US$220,000), are set to headline the bidding war.

Over 50 held as T'gana's EAGLE Force hits Nigerian cartel's India Ops

Over 50 held as T'gana's EAGLE Force hits Nigerian cartel's India Ops

Rediff.com29 Nov 2025

Telangana's anti-narcotics wing, the EAGLE Force, conducted a multi-state operation against a Nigerian drug cartel, resulting in over 50 arrests and the seizure of narcotics worth Rs 3.5 crore.

SC seeks replies from Centre, CBI, ED, Anil Ambani on PIL

SC seeks replies from Centre, CBI, ED, Anil Ambani on PIL

Rediff.com18 Nov 2025

In a significant development, the Supreme Court on Tuesday sought responses from the Centre, CBI, ED, Anil Ambani and the Anil Dhirubhai Ambani Group (ADAG) on a PIL seeking a court-monitored probe into alleged massive banking and corporate fraud involving the ADAG and its group companies.

'It's A Lot More Than Just Having Money In The Bank'

'It's A Lot More Than Just Having Money In The Bank'

Rediff.com9 Oct 2025

'Today, people want to have an experience of life as well.'

Row over onion and garlic ends 23-year marriage in Gujarat

Row over onion and garlic ends 23-year marriage in Gujarat

Rediff.com10 Dec 2025

A Gujarat-based couple's 23-year marriage ended in divorce due to a long-standing dispute over the wife's dietary choice of not consuming onion and garlic. The Gujarat High Court upheld the divorce verdict.

Centre restarts MGNREGA in West Bengal, but conditions apply

Centre restarts MGNREGA in West Bengal, but conditions apply

Rediff.com10 Dec 2025

After a gap of more than three years, the central government has agreed to resume the Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA) works in West Bengal with immediate effect, but subject to mandatory adherence to stringent conditions. These include a prohibition on any work valued at more than 20 lakh, compulsory 100 per cent electronic know-your-customer (eKYC) verification of all workers, and mandatory pre-estimation field visits for all works before they are undertaken.

We expect deposit rates to moderate post rate cut: RBI

We expect deposit rates to moderate post rate cut: RBI

Rediff.com6 Dec 2025

Reserve Bank of India (RBI) Governor Sanjay Malhotra, and Deputy Governors Poonam Gupta, T Rabi Sankar, Swaminathan J, and S C Murmu on Friday addressed issues during the post-policy media interaction.

Telangana: 80-year-old doctor, family rescued from 3-day digital arrest

Telangana: 80-year-old doctor, family rescued from 3-day digital arrest

Rediff.com24 Nov 2025

The Telangana Cyber Security Bureau (TGCSB) foiled a digital arrest extortion attempt, rescuing an 80-year-old doctor and his family from cyber fraudsters posing as CBI officials.

Sensex climbs over 158 points on buying in tech and IT shares

Sensex climbs over 158 points on buying in tech and IT shares

Rediff.com4 Dec 2025

Tata Consultancy Services, Tech Mahindra, Infosys, HCL Tech, Bharti Airtel, Sun Pharma, Bharat Electronics and Trent were the major gainers among Sensex scrips. However, Maruti, Eternal, Kotak Mahindra Bank and Titan were among the laggards.

Want A Super Top-Up For Your Medical Insurance?

Want A Super Top-Up For Your Medical Insurance?

Rediff.com12 Dec 2025

'Pick a sum insured that realistically covers major hospitalisation costs in your city.'

Kremlin Didn't Know About Modi Gesture

Kremlin Didn't Know About Modi Gesture

Rediff.com5 Dec 2025

The Russians have termed Putin's visit to India, his first to this country since the outbreak of the Russia-Ukraine war, as 'Druzhba Dosti', which means 'friendship' in Russian and Hindi respectively.

Goa fire: 'Are we beggars? Will Rs 2 lakh bring back my family?'

Goa fire: 'Are we beggars? Will Rs 2 lakh bring back my family?'

Rediff.com11 Dec 2025

A family in Delhi mourns the loss of four members in the Goa nightclub fire and demands justice, refusing compensation and calling for accountability.

Rs 1.3 cr and counting: Donations pour in for Babri-style mosque

Rs 1.3 cr and counting: Donations pour in for Babri-style mosque

Rediff.com8 Dec 2025

Donation boxes kept for the proposed Babri masjid-style mosque by suspended Trinamool Congress MLA Humayun Kabir in West Bengal's Murshidabad district are nearly full, with cash-counting machines whirring through the night as donations continue to pour in both physically and online.

Delhi police bust three high-value cyber fraud networks; 3 held

Delhi police bust three high-value cyber fraud networks; 3 held

Rediff.com26 Nov 2025

Delhi Police have dismantled three multi-state cyber fraud networks involved in online investment scams, fake trading applications, and KYC fraud, leading to the arrest of three key individuals.

Home, auto loans to get cheaper as RBI cuts interest rate

Home, auto loans to get cheaper as RBI cuts interest rate

Rediff.com5 Dec 2025

Shrugging off concerns over the depreciation of rupee, the RBI has cut interest rate by 25 basis points to 5.25 per cent in a bid to further bolster economic growth, which rose to a six-quarter high of 8.2 per cent in the second quarter of the current financial year.

Forex reserves jump $5.54 bn to $692.57 bn

Forex reserves jump $5.54 bn to $692.57 bn

Rediff.com21 Nov 2025

India's forex reserves jumped $5.54 billion to $692.57 billion during the week ended November 14 due to a steep increase in the value of gold reserves, the RBI said on Friday.

BHIM's New Feature To Target Reluctant Users

BHIM's New Feature To Target Reluctant Users

Rediff.com26 Nov 2025

'This will bring in a lot of net new users to UPI.'

Best Career Options After Class 12 Beyond Engg, Medicine

Best Career Options After Class 12 Beyond Engg, Medicine

Rediff.com11 Dec 2025

rediffGURU Chocko Valliappa counsels students how to choose the right course and career after Class 12.

Economy picked up steam in Oct on GST rejig, festival spends

Economy picked up steam in Oct on GST rejig, festival spends

Rediff.com25 Nov 2025

Notwithstanding global headwinds, the Indian economy saw further momentum in October on the back of goods and services tax (GST) rate rationalisation and festival spending, as indicated by high-frequency indicators, the Reserve Bank of India's (RBI's) monthly State of the Economy report said.

Selling in blue-chips RIL, HDFC Bank drag Sensex down by 153 points

Selling in blue-chips RIL, HDFC Bank drag Sensex down by 153 points

Rediff.com8 Oct 2025

Among Sensex firms, Tata Motors, Mahindra & Mahindra, Bharat Electronics, UltraTech Cement, Trent, Sun Pharma, Power Grid and Reliance Industries were the major laggards. However, Titan, Infosys, Tata Consultancy Services, HCL Tech and Tech Mahindra were among the biggest gainers.

GST reforms expected to ignite animal spirits in financial sector: DEA secy

GST reforms expected to ignite animal spirits in financial sector: DEA secy

Rediff.com18 Nov 2025

Noting that recent uncertainties created by global tariffs have not impacted the Indian economy severely, Anuradha Thakur, secretary, Department of Economic Affairs, said the central government is hopeful that the recent goods and services tax (GST) rationalisation will ignite the much needed animal spirits in the financial sector.

GST rate cut: Banks face car loan cancellations

GST rate cut: Banks face car loan cancellations

Rediff.com15 Sep 2025

Banks are receiving requests for cancellation of approved car loans, in view of the implementation of GST rate cut, which will lower the price of passenger vehicles and also lead to subsequent reduction in the amount needed to purchase them. It is to be noted that the 56th GST Council meeting earlier this month, approved substantial reduction in the GST rate for cars for up to 1,200 cc to 18 per cent from the existing 28 per cent.