News for 'Bank'

Kashmir Police Investigate COVID-19 Funds Misappropriation

Kashmir Police Investigate COVID-19 Funds Misappropriation

Rediff.com26 Mar 2026

The Economic Offences Wing of Crime Branch in Kashmir conducted searches at multiple locations in Srinagar and Budgam districts concerning the alleged siphoning of government funds during the COVID-19 pandemic.

Positive biz outlook nudges banks to hire for sales growth

Positive biz outlook nudges banks to hire for sales growth

Rediff.com16 Jan 2026

Banks are witnessing a surge in hiring for sales staff in secured segments such as home, vehicle and gold loans as compared to the recovery category, driven by a boost in business growth, and a host of regulatory measures aimed at improving ease of doing business, according to industry experts.

Haryana Congress MLAs to Visit 'Mandis' Amid Farmer Procurement Concerns

Haryana Congress MLAs to Visit 'Mandis' Amid Farmer Procurement Concerns

Rediff.com30 Mar 2026

Haryana Congress MLAs will visit 'mandis' to assess and support farmers facing difficulties in wheat and mustard procurement, following a decision made at a Congress Legislature Party (CLP) meeting in Delhi.

TMC Leader Banerjee Predicts Steep Rise in LPG and Fuel Prices After Elections

TMC Leader Banerjee Predicts Steep Rise in LPG and Fuel Prices After Elections

Rediff.com27 Mar 2026

Trinamool Congress leader Abhishek Banerjee has warned of a significant increase in cooking gas and fuel prices by the BJP-led central government following the West Bengal assembly elections. He accused the BJP of neglecting the fuel crisis and challenged them to pledge no price hikes for the next five years.

TMC's Banerjee Alleges BJP Plot to Alter Bengal's Demography Ahead of Elections

TMC's Banerjee Alleges BJP Plot to Alter Bengal's Demography Ahead of Elections

Rediff.com31 Mar 2026

TMC leader Abhishek Banerjee accuses the BJP of attempting to alter West Bengal's demography by importing voters from other states ahead of the 2026 assembly elections, alleging a conspiracy to undermine the democratic rights of local residents.

US-Iran Conflict Wipes Out Rs 70,000 Cr From LIC Portfolio

US-Iran Conflict Wipes Out Rs 70,000 Cr From LIC Portfolio

Rediff.com11 Mar 2026

The BSE Sensex and the Nifty 50 declined around 4.5 per cent each since the start of the West Asia conflict.

Abhishek Banerjee Warns of Potential Fuel Price Surge After West Bengal Polls

Abhishek Banerjee Warns of Potential Fuel Price Surge After West Bengal Polls

Rediff.com27 Mar 2026

Trinamool Congress leader Abhishek Banerjee alleges the BJP-led government may increase fuel prices after the West Bengal assembly elections, accusing them of neglecting the common man and withholding funds from the state.

Wholesale Price Inflation Rises 2.13% in Feb, Driven by Food and Manufacturing

Wholesale Price Inflation Rises 2.13% in Feb, Driven by Food and Manufacturing

Rediff.com16 Mar 2026

India's wholesale price inflation (WPI) increased for the fourth consecutive month in February, reaching 2.13 per cent, primarily due to rising prices of food and manufactured goods, according to government data.

Cyanide Bomb Threat at Indore RTO Proves to Be a False Alarm

Cyanide Bomb Threat at Indore RTO Proves to Be a False Alarm

Rediff.com23 Mar 2026

The Regional Transport Office (RTO) in Indore, Madhya Pradesh, received an email threatening to detonate 15 cyanide gas bombs, prompting a thorough search and subsequent declaration of a hoax.

Enforcement Directorate Investigates 590 Crore Fraud in Haryana Government Accounts

Enforcement Directorate Investigates 590 Crore Fraud in Haryana Government Accounts

Rediff.com11 Mar 2026

The Enforcement Directorate has launched a money laundering investigation into the alleged embezzlement of 590 crore from Haryana government accounts held with IDFC First Bank, conducting searches across multiple locations.

IPL 2026 Preview: KKR vs SRH: Can KKR stop SRH's power-hitters?

IPL 2026 Preview: KKR vs SRH: Can KKR stop SRH's power-hitters?

Rediff.com1 Apr 2026

Kolkata Knight Riders will be looking for their spinners to rediscover their form against Sunrisers Hyderabad in their IPL match.

Zubeen Garg Death Case: Fast-Track Court Commences Hearing

Zubeen Garg Death Case: Fast-Track Court Commences Hearing

Rediff.com30 Mar 2026

The fast-track Sessions Court established for the Zubeen Garg death case has commenced its first hearing, with submissions made on behalf of one of the accused. The court is expediting proceedings to deliver justice in the case.

West Asia Conflict and US Fed Decision to Steer Equity Market This Week

West Asia Conflict and US Fed Decision to Steer Equity Market This Week

Rediff.com15 Mar 2026

Analysts predict that the ongoing conflict in West Asia, crude oil price fluctuations, and the US Federal Reserve's interest rate decision will significantly influence the Indian equity market this week.

Poultry farmer Ravindra Metkar invited by Oxford to share his rags to riches story

Poultry farmer Ravindra Metkar invited by Oxford to share his rags to riches story

Rediff.com20 Mar 2026

Ravindra Metkar, a farmer from Maharashtra who built a successful poultry business from humble beginnings, has been invited to speak at the University of Oxford's Global Research Conference.

Jharkhand Court Demands Answers in Hazaribag Rape-Murder Case

Jharkhand Court Demands Answers in Hazaribag Rape-Murder Case

Rediff.com30 Mar 2026

The Jharkhand High Court has taken suo motu cognisance of the alleged rape and murder of a 12-year-old girl in Hazaribag district, demanding responses from state officials and police regarding the ongoing investigation and lack of arrests.

Statue of Ambedkar defaced in Pauri, Uttarakhand; investigation launched

Statue of Ambedkar defaced in Pauri, Uttarakhand; investigation launched

Rediff.com23 Mar 2026

Police in Pauri, Uttarakhand, are investigating the defacement of a statue of Babasaheb Bhimrao Ambedkar. The statue, located in a park near the Alaknanda river, was found smeared with red and black paint. A case has been registered, and authorities are reviewing CCTV footage and appealing to the public for information.

Himanta, wife's income doubles to Rs 35 cr in 5 years

Himanta, wife's income doubles to Rs 35 cr in 5 years

Rediff.com21 Mar 2026

The combined income of Assam Chief Minister Himanta Biswa Sarma and his wife has doubled to Rs 35.16 crore in 2026, according to his election affidavit. The affidavit details the increase in movable and immovable assets of both Sarma and his wife, Riniki Bhuyan Sarma.

Goldman Cuts India Market Outlook

Goldman Cuts India Market Outlook

Rediff.com27 Mar 2026

Goldman Sachs has materially lowered its earnings growth forecast for Indian companies by a cumulative 9 percentage points over the next two years.

Can Pakistan's outreach to Egypt, Turkiye, Saudi calm West Asia?

Can Pakistan's outreach to Egypt, Turkiye, Saudi calm West Asia?

Rediff.com29 Mar 2026

Pakistan's Foreign Minister Ishaq Dar met with his counterparts from Egypt and Turkiye in Islamabad ahead of a quadrilateral summit, including Saudi Arabia, to discuss the ongoing conflict in West Asia and explore avenues for peace.

Earnings upgrade to downgrade ratio improved after Q3

Earnings upgrade to downgrade ratio improved after Q3

Rediff.com3 Apr 2026

There are hopes of a turnaround in overall corporate earnings after six quarters of single digit growth.

Jefferies Predicts Strong Growth for Paytm, Retains 'Buy' Rating

Jefferies Predicts Strong Growth for Paytm, Retains 'Buy' Rating

Rediff.com23 Mar 2026

Brokerage firm Jefferies maintains a 'Buy' rating for Paytm, citing its dominant merchant payments platform and projected revenue growth.

Stock markets extend winning run to 3rd day; Sensex, Nifty climb nearly 1%

Stock markets extend winning run to 3rd day; Sensex, Nifty climb nearly 1%

Rediff.com18 Mar 2026

Indian stock market indices Sensex and Nifty closed nearly 1 per cent higher, marking their third consecutive day of gains, supported by a slight decrease in crude oil prices and positive global market trends.

Cybersecurity Expert: Critical Infrastructure Attacks Threaten Lives

Cybersecurity Expert: Critical Infrastructure Attacks Threaten Lives

Rediff.com28 Mar 2026

A cybersecurity expert warns that cyberattacks are increasingly targeting critical infrastructure, posing direct risks to human lives beyond mere data theft. The convergence of IT and OT expands the attack surface, making sectors like aviation, transport, and public utilities highly vulnerable.

Mumbai Woman Duped of 25 Lakh in Electricity Bill Fraud

Mumbai Woman Duped of 25 Lakh in Electricity Bill Fraud

Rediff.com25 Mar 2026

A 78-year-old woman in Mumbai was defrauded of over 25 lakh after a scammer gained access to her mobile phone under the guise of updating her electricity bill details.

World Bank flags how India failed to rein in debt in several states

World Bank flags how India failed to rein in debt in several states

Rediff.com5 Feb 2026

India's state-level fiscal rules have improved headline deficits, but the gains are fragile and uneven with major states still grappling with high debt levels, a World Bank report submitted to the 16th Finance Commission (FC) said. According to the report, despite nearly two decades of adoption of fiscal responsibility laws (FRLs), debt levels have not converged.

Surat Yoga Teacher and Gang Circulated Fake Currency Worth Lakhs, Police Say

Surat Yoga Teacher and Gang Circulated Fake Currency Worth Lakhs, Police Say

Rediff.com24 Mar 2026

A yoga teacher from Surat and six others have been arrested in Ahmedabad for circulating fake Indian currency notes (FICN). Police estimate they may have circulated Rs 10 to 12 lakh in counterfeit money.

ATS Investigates Fake Religious Trust Receiving Funds from Abroad

ATS Investigates Fake Religious Trust Receiving Funds from Abroad

Rediff.com18 Mar 2026

The Maharashtra Anti-Terrorism Squad (ATS) is investigating a bogus religious trust in Beed that received funds from a controversial international organisation, Chief Minister Devendra Fadnavis announced.

Rupee closes at record low of 94.05 against US dollar

Rupee closes at record low of 94.05 against US dollar

Rediff.com25 Mar 2026

The Indian rupee weakened against the US dollar due to sustained foreign fund outflows and uncertainties in West Asia, although lower crude oil prices and a positive opening in domestic equity markets limited the losses.

India's Forex Reserves Surge to a Historic Peak of $728.5 Bn

India's Forex Reserves Surge to a Historic Peak of $728.5 Bn

Rediff.com6 Mar 2026

India's foreign exchange reserves have surged to an all-time high, reaching USD 728.494 billion, according to the Reserve Bank of India. This increase is attributed to a rise in foreign currency assets and gold reserves.

Enforcement Directorate Investigates Rs 590 Crore Embezzlement from Haryana Government Accounts

Enforcement Directorate Investigates Rs 590 Crore Embezzlement from Haryana Government Accounts

Rediff.com11 Mar 2026

The Enforcement Directorate (ED) conducted searches at 19 locations in Haryana and Chandigarh concerning the alleged embezzlement of Rs 590 crore from Haryana government accounts held with IDFC First Bank. The investigation focuses on identifying business entities involved in concealing the money trail and proceeds of the crime.

Kochi Cyber Police Recovers Majority of Funds Stolen in Digital Arrest Scam

Kochi Cyber Police Recovers Majority of Funds Stolen in Digital Arrest Scam

Rediff.com14 Mar 2026

Kochi city cyber police have recovered over 1 crore stolen from an 81-year-old man through a 'digital arrest' online fraud. The incident occurred in November when the man was defrauded of around 1.30 crore. Police intervention led to the recovery of 1.06 crore from a bank in Jammu and Kashmir.

Ranchi Police Nab Four in Connection with Restaurant Employee's Murder

Ranchi Police Nab Four in Connection with Restaurant Employee's Murder

Rediff.com18 Mar 2026

Four individuals have been arrested in connection with the murder of a restaurant employee in Ranchi, Jharkhand, linked to an extortion attempt. The arrests followed a gunfight with police, and the investigation has uncovered a network of bank accounts used for illicit transactions.

Loan growth, margins set to improve for banks in Q3

Loan growth, margins set to improve for banks in Q3

Rediff.com8 Jan 2026

The banking sector could see better loan growth in the third quarter of financial year 2026 (Q3FY26) with improved net interest margins (NIMs), though the full impact of latest rate cuts will be largely felt in the fourth quarter. There may be lower slippage in unsecured loans and microfinance institutions (MFIs) along with steady recovery trends, which should lower credit cost.

How Kochi Police Recovered 1 Crore in Online Fraud Case

How Kochi Police Recovered 1 Crore in Online Fraud Case

Rediff.com14 Mar 2026

Kochi cyber police recovered over 1 crore stolen from an 81-year-old man through a 'digital arrest' online fraud. The police froze the funds in a bank account in Srinagar and returned the money to the victim.

RBI takes measured steps on liquidity amid tax outflows

RBI takes measured steps on liquidity amid tax outflows

Rediff.com9 Mar 2026

To meet liquidity pressure because of advance tax outflows this month, the Reserve Bank of India (RBI) has adopted a measured approach with its latest announcement of open-market operations (OMOs), worth Rs 1 trillion.

Santiago Nieva Focuses on Technique for Indian Women Boxers at Asian Championships

Santiago Nieva Focuses on Technique for Indian Women Boxers at Asian Championships

Rediff.com27 Mar 2026

Head coach Santiago Nieva is focusing on technical discipline and a tighter defensive guard for the Indian women's boxing team at the Asian Championships in Ulaanbaatar, Mongolia.

Banks 'resilient' but face stiff fund mobilisation competition

Banks 'resilient' but face stiff fund mobilisation competition

Rediff.com30 Dec 2025

The country's banking system, while remaining "resilient" with bad loans at over a decade low and strong capital buffers, will continue to face intense competition from non-bank sources for resource mobilisation, said the Reserve Bank of India's (RBI's) Trend and Progress of Banking in India 2024-25 report.

IDFC First Bank cuts savings account rates, introduces new balance slabs

IDFC First Bank cuts savings account rates, introduces new balance slabs

Rediff.com9 Jan 2026

Private sector lender IDFC First Bank has lowered its savings account rates and introduced new slabs for small and medium balance categories, effective January 9, 2025, as per its website. The interest slabs and rates for higher balance accounts remain unchanged. Despite the revision, the bank continues to offer one of the highest savings account interest rates in the industry among mid-sized banks.

Deposit Rate Cuts Tough For Banks As Govt Retains Small Savings Rates

Deposit Rate Cuts Tough For Banks As Govt Retains Small Savings Rates

Rediff.com14 Jan 2026

'The government's decision to keep interest rates unchanged on small savings schemes will certainly constrain banks' ability to cut deposit rates further.'

Pilot Claims Vijayan and Modi Follow Similar Political Approaches

Pilot Claims Vijayan and Modi Follow Similar Political Approaches

Rediff.com26 Mar 2026

AICC general secretary Sachin Pilot has accused Kerala Chief Minister Pinarayi Vijayan of following similar political approaches to Prime Minister Narendra Modi, alleging a tacit understanding between the CPI(M) and the BJP in Kerala.