News for 'Bank'

Keki Mistry to remain interim chairman of HDFC Bank till Sep 18

Keki Mistry to remain interim chairman of HDFC Bank till Sep 18

Rediff.com18 Jun 2026

The Reserve Bank of India has approved a three-month extension for Keki Mistry as the interim chairman of HDFC Bank, continuing his tenure until September 18, 2026, or until a regular chairman is appointed.

High alert in Nepal as 3 major rivers swell amid rains

High alert in Nepal as 3 major rivers swell amid rains

Rediff.com2 Sep 2026

Nepalese authorities have issued a flood alert for central, western, and eastern parts of the country as water levels in major rivers like Sun Koshi, Budhi Gandaki, Mahakali, and Marsyangdi have crossed alert and danger levels due to continuous monsoon rainfall, urging residents to remain vigilant.

Stock Markets Today: Sensex, Nifty Show Resilience Amid Global Caution

Stock Markets Today: Sensex, Nifty Show Resilience Amid Global Caution

Rediff.com21 Aug 2026

Indian benchmark equity indices, Sensex and Nifty, traded marginally higher in early deals despite cautious global cues stemming from elevated crude oil prices due to geopolitical uncertainties and a sharp fall in US markets. Track Sensex, Nifty on August 21, 2026.

Rural CV retail sales growth outpaces urban, driven by diversified economy and GST impact

Rural CV retail sales growth outpaces urban, driven by diversified economy and GST impact

Rediff.com7 Sep 2026

Rural commercial vehicle (CV) registrations have consistently outpaced urban sales from April to July 2026, driven by a significant diversification of the rural economy and the positive impact of GST-led consumption, according to experts and data from Fada.

RBI Deputy Governor Outlines Vision For India's Evolving Forex Market

RBI Deputy Governor Outlines Vision For India's Evolving Forex Market

Rediff.com20 Aug 2026

RBI Deputy Governor Rohit Jain discussed the future of India's foreign exchange markets, highlighting the increasing role of local currencies in cross-border trade, the impact of technology, and existing challenges. He emphasised the need for market evolution to facilitate India's global engagement, absorb shocks, and serve all users efficiently. Jain also addressed concerns about unauthorised forex trading platforms and the importance of customer awareness.

Vijay shelves Parandur airport; announces more free LPGs, bus travel for women

Vijay shelves Parandur airport; announces more free LPGs, bus travel for women

Rediff.com24 Aug 2026

Making several announcements in the assembly, Vijay, fulfilling TVK's key electoral assurances, announced three free cooking gas cylinders and also declared that the Parandur greenfield airport project will be shelved.

NSE gets regulatory nod for Rs 30,000 cr IPO, the biggest so far

NSE gets regulatory nod for Rs 30,000 cr IPO, the biggest so far

Rediff.com4 Sep 2026

The National Stock Exchange of India Ltd (NSE) has received regulatory approval from SEBI for its long-awaited Rs 30,000-crore initial public offering (IPO), positioning it to potentially become the country's largest-ever public issue.

Assess Mythos Threat By June 30: RBI To Banks

Assess Mythos Threat By June 30: RBI To Banks

Rediff.com17 Jun 2026

'...A new challenge has emerged in the form of Mythos.'

Sensex, Nifty Recover Losses as Crude Oil Drops Below $90 a Barrel

Sensex, Nifty Recover Losses as Crude Oil Drops Below $90 a Barrel

Rediff.com25 Aug 2026

Indian benchmark indices, Sensex and Nifty, recovered intraday losses to close higher, driven by late-day buying and a significant decline in Brent crude oil prices, which fell 3 per cent to USD 89.32 per barrel.

Indian Equities Decline as Profit-Taking Hits IT, FMCG Stocks

Indian Equities Decline as Profit-Taking Hits IT, FMCG Stocks

Rediff.com26 Aug 2026

Indian benchmark indices, Sensex and Nifty, closed lower on Wednesday, reversing early gains due to profit-taking and weakness in sectors like IT, FMCG, and consumer durables, despite support from lower crude oil prices.

Why Foreign Investors Are Missing India's Real Story

Why Foreign Investors Are Missing India's Real Story

Rediff.com2 Sep 2026

If India does get $100 billion a year in FDI, it would be a game-changer in every possible way. FPIs would come rushing back, AI or no AI, points out Debashis Basu.

'AI Shouldn't Trigger Cognitive Surrender'

'AI Shouldn't Trigger Cognitive Surrender'

Rediff.com4 Sep 2026

'My suggestion to Nandan Nilekani is that it would be worthwhile for him to take a holistic review in a manner in which examination is just one critical component.'

Nepal-Tibet flood toll rises to 1,243; PM Shah flags climate change link

Nepal-Tibet flood toll rises to 1,243; PM Shah flags climate change link

Rediff.com3 Sep 2026

Nepal's devastating flash floods have claimed 1,127 lives, with thousands still missing a week after the disaster. Rescuers are intensifying efforts to find survivors and recover bodies across affected regions, while police work to identify victims and relocate families from high-risk areas.

Forex Reserves See Massive $14.14 Billion Jump to $707 Billion

Forex Reserves See Massive $14.14 Billion Jump to $707 Billion

Rediff.com14 Aug 2026

India's foreign exchange reserves saw one of their largest weekly expansions, surging by USD 14.136 billion to reach USD 707.002 billion during the week ended August 7, according to the Reserve Bank of India.

Manappuram Finance transitions to professional leadership, names Ashish Singh CEO

Manappuram Finance transitions to professional leadership, names Ashish Singh CEO

Rediff.com13 Aug 2026

Manappuram Finance has announced the appointment of Ashish Singh as its new managing director and chief executive officer, effective January 1, 2027, marking a significant shift from its family-led governance structure.

FY28 Budget Work Starts Early

FY28 Budget Work Starts Early

Rediff.com5 Sep 2026

The Centre has spent 28 per cent of its FY27 capital expenditure budget of Rs 12.21 trillion in the first three months against around 24.5 per cent during the corresponding period a year ago.

Subhash Chandra drops Ambani allegations, focuses on settling Essel Group debt

Subhash Chandra drops Ambani allegations, focuses on settling Essel Group debt

Rediff.com31 Aug 2026

Zee founder Subhash Chandra has shifted his public statements from allegations against Mukesh Ambani to focusing on settling outstanding Essel Group debt, with borrowers reportedly agreeing to repay obligations.

Sensex Jumps 790 Points as Crude Oil Prices Soften, Banks and IT Lead Rally

Sensex Jumps 790 Points as Crude Oil Prices Soften, Banks and IT Lead Rally

Rediff.com24 Jun 2026

Indian benchmark equity indices, Sensex and Nifty, rebounded nearly 1 per cent, with the Sensex jumping 790.54 points to 76,991.22, driven by softening crude oil prices and strong buying in banking, financial, and IT shares.

Keralam: Woman Cong MLA hurt in scuffle with party workers over WhatsApp post

Keralam: Woman Cong MLA hurt in scuffle with party workers over WhatsApp post

Rediff.com5 Sep 2026

Congress MLA Ramya Haridas was involved in a scuffle with local party workers in Chirayinkeezhu, Thiruvananthapuram, leading to injuries and police cases. Both Haridas and the party workers, including district panchayat member Sajith Muttambalam and leader Sajad, have filed complaints, each presenting a different account of the incident which reportedly stemmed from a dispute over a WhatsApp post and the role of Haridas' staff member.

UK court orders Nirav Modi to pay over $11.5 million to Bank of India

UK court orders Nirav Modi to pay over $11.5 million to Bank of India

Rediff.com24 Jun 2026

Fugitive diamond merchant Nirav Modi has been ordered by a UK High Court to pay Bank of India over USD 11.5 million, including accruing interest, for a personal loan guarantee related to his Dubai-incorporated firm, Firestar Diamond FZE.

Tilak Varma, Ishan Kishan prepare for gruelling format switch ahead of Afghanistan series

Tilak Varma, Ishan Kishan prepare for gruelling format switch ahead of Afghanistan series

Rediff.com5 Sep 2026

Indian cricketers Tilak Varma and Ishan Kishan discuss the challenges of transitioning directly from the Duleep Trophy final to the T20I series against Afghanistan. Both players emphasise the importance of adaptability and professionalism in managing the demanding schedule and format changes, while also highlighting key player additions to their respective Duleep Trophy teams.

Mutual funds' overseas equity holdings surged to Rs 93,602 crores in FY26

Mutual funds' overseas equity holdings surged to Rs 93,602 crores in FY26

Rediff.com1 Sep 2026

Indian mutual fund holdings in overseas equity securities increased by 37.5 per cent year-on-year to approximately '93,602 crore by March-end, according to RBI data. This growth is attributed to mark-to-market gains from a global market rally and heightened investor interest, with the US remaining the primary destination for these investments.

Some Revealing Facts About India's States!

Some Revealing Facts About India's States!

Rediff.com5 Sep 2026

As the world's most populous country, India's economy looks large in the aggregate even as its average incomes stay modest.

Indian Golfer Diksha Dagar Drops Out Of LET Top 10

Indian Golfer Diksha Dagar Drops Out Of LET Top 10

Rediff.com17 Aug 2026

Indian golfer Diksha Dagar has dropped out of the Top 10 in the Ladies European Tour (LET) Order of Merit, now ranking 11th after missing the cut at the VP Bank Swiss Ladies Open. Other Indian golfers like Pranavi Urs, Avani Prashanth, and Aditi Ashok also feature in the rankings.

Tibetian glaciers unstable, warns China after deadly Nepal floods

Tibetian glaciers unstable, warns China after deadly Nepal floods

Rediff.com3 Sep 2026

Chinese officials warn that glaciers on the Tibetan Plateau are becoming increasingly unstable, leading to a higher risk of flash floods and other disasters, as evidenced by a recent deadly ice-rock avalanche near the Nepal-Tibet border. The region has seen a significant reduction in glacier area, and scientists are calling for advanced monitoring systems to predict these complex events.

Your KYC Is More Important Than You Think

Your KYC Is More Important Than You Think

Rediff.com11 Aug 2026

Keeping KYC information accurate and current should, therefore, be seen not merely as meeting a regulatory requirement, but as an important part of safeguarding one's own financial identity and safety, explains RBI Deputy Governor J Swaminathan.

Mohan Yadav hints at renaming Jahangir Mahal after Bundela ruler Veer Singh

Mohan Yadav hints at renaming Jahangir Mahal after Bundela ruler Veer Singh

Rediff.com2 Sep 2026

Madhya Pradesh Chief Minister Mohan Yadav has indicated a potential renaming of Orchha's historic Jahangir Mahal to Veer Singh Mahal, honouring Bundela ruler Veer Singh Judeo. Yadav stated that Veer Singh originally built the palace, and the move aims to highlight overlooked historical aspects. Former minister Narottam Mishra supported the proposal, citing a "malicious attempt to erase our historical heritage" by Mughals. The palace, a blend of Bundela and Mughal architecture, was built for Jahangir but he never resided there.

Foreign Investors Pour Rs 23,544 Crore into Indian Equities in August

Foreign Investors Pour Rs 23,544 Crore into Indian Equities in August

Rediff.com23 Aug 2026

Foreign Portfolio Investors (FPIs) have significantly increased their investment in Indian equities, infusing Rs 23,544 crore in August, driven by improving quarterly earnings, a stable rupee, and positive market prospects.

Punjab National Bank Branch Targeted In Failed Burglary

Punjab National Bank Branch Targeted In Failed Burglary

Rediff.com2 Jun 2026

An attempted burglary occurred at a Punjab National Bank branch in Uchi Bassi village near Dasuya, with the intruder failing to access the main safe but stealing a digital tablet.

Guj CID busts Rs 1,071 cr China-linked cybercrime ring, 'mastermind' held

Guj CID busts Rs 1,071 cr China-linked cybercrime ring, 'mastermind' held

Rediff.com18 Aug 2026

Gujarat CID has arrested Rafiqul Alam, the alleged 'mastermind' behind 1,090 cybercrimes totalling Rs 1,071.5 crore, who was found to have links with China-based criminals and converted illicit funds into cryptocurrencies.

Rs 1 Trillion Club Swells

Rs 1 Trillion Club Swells

Rediff.com2 Sep 2026

Newly listed companies Vedanta Aluminium Metal, SBI Funds Management and Manipal Health Enterprises have entered the Rs 1 trillion mcap list since March 2026.

Alonso banks on Rogers and Palmer chemistry to lead Chelsea's rebuild

Alonso banks on Rogers and Palmer chemistry to lead Chelsea's rebuild

Rediff.com27 Jul 2026

England midfielder Morgan Rogers is an ideal signing for Chelsea and could form an exciting partnership with midfielder Cole Palmer, new manager Xabi Alonso said on Monday.

CIBIL Score Explained: Why It Matters

CIBIL Score Explained: Why It Matters

Rediff.com13 Aug 2026

For millions of Indians, this number has become one of the most important financial indicators. It can influence not only whether a bank approves a loan but also the interest rate you pay, the credit limit you receive and, in some cases, how quickly your application is processed.

Delhi octogenarian's stolen phone cracks interstate cyber-fraud gang; 9 held

Delhi octogenarian's stolen phone cracks interstate cyber-fraud gang; 9 held

Rediff.com10 Aug 2026

A stolen mobile phone belonging to an 88-year-old man has helped the Delhi police unearth an interstate cyber-fraud syndicate allegedly operating through a three-stage network spread across Rajasthan and Uttar Pradesh, an officer said on Monday.

Life After Leak: When Your Data Gets Stolen

Life After Leak: When Your Data Gets Stolen

Rediff.com18 Aug 2026

A data breach does not end when the headlines fade. For victims, stolen personal information can fuel fraud, identity theft and financial losses for years.

Get A Scholarship Worth Rs 75,000

Get A Scholarship Worth Rs 75,000

Rediff.com28 Aug 2026

The scholarship is open to students from Classes 1 to 12, as well as those pursuing their diploma, ITI, polytechnic, undergraduate and postgraduate courses, including both general and professional programmes.

Why Foreign MBBS Graduates Keep Failing FMGE

Why Foreign MBBS Graduates Keep Failing FMGE

Rediff.com4 Sep 2026

Of the 37,448 candidates registered for the Foreign Medical Graduate Examination (FMGE) in June, 36,288 appeared and 4,635 qualified.

Teacher, mechanic, ex-bank employee among 8 held in Ram Temple theft case

Teacher, mechanic, ex-bank employee among 8 held in Ram Temple theft case

Rediff.com6 Jul 2026

A primary school teacher, a former car mechanic, a retired bank employee and a trusted aide of a senior Shri Ram Janmabhoomi Teerth Kshetra Trust functionary -- people from diverse backgrounds are among the eight arrested in connection with the alleged embezzlement of donations at the Ram temple in Ayodhya.

Nepal Disaster: RESCUED! From The Mud

Nepal Disaster: RESCUED! From The Mud

Rediff.com29 Aug 2026

Nepali security forces have intensified search and rescue operations across the flood-hit areas, using helicopters and ground teams to evacuate survivors and search through mud and debris.

The operation remains challenging as destroyed roads and bridges have cut off several remote communities, while hundreds of people are still missing.

Bank valuations slump despite stronger earnings growth

Bank valuations slump despite stronger earnings growth

Rediff.com26 May 2026

The Bank Nifty is currently trading at a 43.5 per cent discount to the Nifty 50, near its widest gap since 2015, reflecting investor pessimism despite the banking sector's strong earnings growth.