News for 'Banking Professional'

Mithali on her legacy and future of women's cricket

Mithali on her legacy and future of women's cricket

Rediff.com16 Jun 2022

Indian women's cricket's biggest icon spoke on a range of issues covering her legacy, experiences of playing in pre and post BCCI era

After offering VRS, SBI now plans to hire 14k staff

After offering VRS, SBI now plans to hire 14k staff

Rediff.com7 Sep 2020

'Second Innings Tap VRS-2020' will be opened to all permanent officers and staff who have put in 25 years of service or completed 55 years of age on the cut-off date.

Dubai tycoon slaps $8 bn suit on BoB, EY in New York for ignoring 'fraud'

Dubai tycoon slaps $8 bn suit on BoB, EY in New York for ignoring 'fraud'

Rediff.com30 Jul 2021

Dubai-based billionaire BR Shetty has sued Bank of Baroda (BoB) and audit firm Ernst & Young (EY) in a New York court, accusing them of ignoring fictitious and fraudulent transactions that resulted in NMC Healthcare going bankrupt. Shetty is seeking $8 billion in damages in the suit that also names the top management of NMC Healthcare, and Netherlands-based Credit Europe Bank. A top NMC Healthcare official confirmed the development to Business Standard and said despite several meetings, senior BoB officials in India did not take remedial steps for fear of getting involved in an international ponzi scheme perpetrated by then senior management officials.

Atishi gets income tax notice, AAP calls BJP sexist

Atishi gets income tax notice, AAP calls BJP sexist

Rediff.com30 Jun 2021

Atishi claimed the notice was sent to scare her, but "we have come from difficult fields to change politics of this country and we will not get intimidated by these hollow threats of the BJP".

Online hiring up 7% in Feb, banks, IT employed most: Monster

Online hiring up 7% in Feb, banks, IT employed most: Monster

Rediff.com25 Mar 2014

Healthcare sector is hiring staff, says Monster.com.

Why CAs and company secretaries are a happy lot now

Why CAs and company secretaries are a happy lot now

Rediff.com19 Mar 2018

With 600-700 new NPA cases getting admitted into NCLT every month, the demand for resolution professionals is on the rise with their number more than doubling in less than a year.

MF GURU: 'High risk appetite. Where to invest?'

MF GURU: 'High risk appetite. Where to invest?'

Rediff.com10 Oct 2022

Nikunj Saraf, Vice President Choice Wealth, will answers your queries.

IBC: The CURIOUS Case of Videocon

IBC: The CURIOUS Case of Videocon

Rediff.com6 Aug 2021

Valuers have found almost no assets to pay for their claims against the Videocon group that entered the insolvency process in 2018. But the dissenters suggest that the money is elsewhere, possibly in the group's oil and gas assets, which are not part of the group's bankruptcy case.

'I have grown some steel in my psyche'

'I have grown some steel in my psyche'

Rediff.com4 Jan 2023

'I'm 79 + now, and I've been doing all this since my late 20s.' 'Sometimes the ideological war extends to the home as well.' 'Many nights I couldn't sleep when someone close to me uttered the smallest insult.' 'It would cause me a lot of pain. But one has to be honest to oneself.'

'Wife wants to live separate with child'

'Wife wants to live separate with child'

Rediff.com8 Nov 2022

In this weekly self-help series, mental health and life coach Anu Krishna tells you how to take control of your life.

Piramal group gets RBI nod for DHFL acquisition

Piramal group gets RBI nod for DHFL acquisition

Rediff.com18 Feb 2021

Piramal Group on Thursday said the Reserve Bank is understood to have cleared the resolution plan for debt-ridden DHFL as approved by the Committee of Creditors (CoC). The CoC had approved a resolution plan submitted by a Piramal Group company, Piramal Capital and Housing Finance Limited, last month. "We understand that the RBI has approved the DHFL resolution plan from Piramal Capital and Housing Finance, submitted by the CoC," Piramal Group said in a statement. The resolution plan was approved by the CoC in its 18th meeting concluded on January 15, 2021.

Ayushman Bharat goes digital, Modi calls it revolutionary

Ayushman Bharat goes digital, Modi calls it revolutionary

Rediff.com27 Sep 2021

The key components of the Ayushman Bharat Digital Mission include a health ID for every citizen that will also work as their health account, to which personal health records can be linked and viewed with the help of a mobile application, a Healthcare Professionals Registry (HPR) and Healthcare Facilities Registries (HFR) that will act as a repository of all healthcare providers across both modern and traditional systems of medicine.

Was pressured to quit AAP: Sisodia after 9-hr CBI grilling

Was pressured to quit AAP: Sisodia after 9-hr CBI grilling

Rediff.com17 Oct 2022

I was offered Delhi CM's post or face jail term, Sisodia said.

What the scourge of COVID-19 has exposed...

What the scourge of COVID-19 has exposed...

Rediff.com10 May 2020

'...are the deep ruts and fissures in the rotting fabric of our cities and the incompetence of elected leaders and administrators,' notes Sunil Sethi.

Magic Magic Moments. Amitabh Style

Magic Magic Moments. Amitabh Style

Rediff.com14 Oct 2022

Sukanya Verma applauds the man, the movies and the many, many, MANY memories he's created on big screen through 80 Amitabh Bachchan moments.

MFs To Help Achieve Your Family Goals

MFs To Help Achieve Your Family Goals

Rediff.com15 Feb 2022

Omkeshwar Singh, head, Rank MF, a mutual fund investment platform, answers your queries.

Large NBFCs told to appoint risk officers with fixed tenure

Large NBFCs told to appoint risk officers with fixed tenure

Rediff.com16 May 2019

As per RBI, the CRO shall be a senior official in the hierarchy of an NBFC and shall possess adequate professional qualification/ experience in the area of risk management.

15 CBI officers get home ministry's excellence award

15 CBI officers get home ministry's excellence award

Rediff.com12 Aug 2021

CBI officer V K Shukla, who is probing the death of Jharkhand Judge Uttam Anand, is among 15 officers of the agency awarded the 'Union Home Minister's Medal for Excellence in Investigation' for the year 2021, officials said Thursday.

Rana Kapoor: Banker gone Rogue

Rana Kapoor: Banker gone Rogue

Rediff.com9 Jan 2021

'The book captures Rana Kapoor's hunger for real estate leading to bungalows in Delhi, Mumbai, London and other cities; the multiple companies -- over 100 -- to fund his family's various ventures; the attempt to game the system by showing lower non-performing assets,' notes Joydeep Ghosh.

Why banks are unwilling to support the sugar industry

Why banks are unwilling to support the sugar industry

Rediff.com14 Mar 2015

ugar mills in UP owe thousands of crores to cane farmers.

Insolvency: Uttam Galva seeks 50% haircut. Will SBI oblige?

Insolvency: Uttam Galva seeks 50% haircut. Will SBI oblige?

Rediff.com19 Mar 2018

Uttam Galva Steels is a part of the Reserve Bank of India's second list of cases, which will be referred to the bankruptcy tribunal for insolvency proceedings after lenders failed to resolve the account by December 2017.

Decade on, Jaypee Infratech customers still waiting for a home

Decade on, Jaypee Infratech customers still waiting for a home

Rediff.com14 Apr 2021

Booked between 2007 and 2011, out of the total 32,700 residential units under various Jaypee Infratech (JIL) projects, at least 20,000 homes are yet to be delivered. Supreme Court documents show that, till last March, Jaypee had issued 7,997 offers of possession to homebuyers while executing only 6,530 sub-lease deeds. These deeds offer homebuyers possession rights but, unlike registration, does not guarantee absolute ownership.

We were asked to move to bunkers: Indian students in Ukraine

We were asked to move to bunkers: Indian students in Ukraine

Rediff.com25 Feb 2022

'We are not getting any clear guidance on what to do. Initially, we were asked to move to the bunker...when we packed our bags and reached there, our university head asked to go back to our hostel room. So we came back. Movement is very risky these time'

'As finance minister, it is very difficult to do as much as one should'

'As finance minister, it is very difficult to do as much as one should'

Rediff.com16 Jul 2021

'Since the NDA took office in 2014, and aggressively since 2019, the Union government seems hell bent on centralising all power and resources, only to fail spectacularly.'

Monsoon: 10 Foods To Stay Healthy

Monsoon: 10 Foods To Stay Healthy

Rediff.com14 Jul 2022

A pinch of turmeric in a glass of milk or with honey in hot water would be ideal for the monsoon.

India continues to score self-goals

India continues to score self-goals

Rediff.com2 Jun 2021

The pandemic has brutally highlighted the inadequacy of India's administrative systems. And, the government has demonstrated its culpable inability to speed up vaccination in a timely manner, says Jaimini Bhagwati.

'Ayushmann is the bravest actor in our country'

'Ayushmann is the bravest actor in our country'

Rediff.com1 Dec 2022

'I didn't expect much from him when he came on set.' 'But he was just jumping and flying around and I couldn't tell that this was his first action film!'

Himachal seals borders after Khalistani flags surfaced

Himachal seals borders after Khalistani flags surfaced

Rediff.com9 May 2022

The SIT has been directed to take up the investigation of the case immediately and carry out a professional and impartial investigation to ensure transparency.

Anil Agarwal's firm wins bid for Videocon

Anil Agarwal's firm wins bid for Videocon

Rediff.com8 Jun 2021

Bankruptcy court NCLT on Tuesday allowed billionaire Anil Agarwal's Twin Star Technologies to take over Videocon Industries Ltd for about Rs 3,000 crore. Twin Star, a part of Vedanta Group, will pay around Rs 500 crore within 90 days as upfront payment and the rest as non-convertible debentures over a period of time. A two-member Mumbai bench of the NCLT comprising members - H P Chaturvedi and Ravikumar Duraisamy - approved the resolution plan by Twin-Star Technologies.

Flat buyers of Supertech's twin towers will be refunded in full

Flat buyers of Supertech's twin towers will be refunded in full

Rediff.com26 Aug 2022

The Supreme Court Friday assured the home buyers of the to-be-razed 40-storey twin-towers of real estate firm Supertech in Noida that they will be refunded the full amount deposited with the builder. The apex court also asked the Interim Resolution Professional (IRP) of the firm, facing insolvency proceedings, to deposit Rs one crore with the apex court registry. The Supertech's 40-storey twin towers at Emerald Court Project of Sector 93A of Noida are scheduled to be razed on August 28.

Vivo sent Rs 62,476-cr worth turnover to China to avoid getting taxed in India: ED

Vivo sent Rs 62,476-cr worth turnover to China to avoid getting taxed in India: ED

Rediff.com7 Jul 2022

A whopping Rs 62,476 crore has been "illegally" transferred by smartphone maker Vivo to China in order to avoid payment of taxes in India, the Enforcement Directorate said Thursday, as it claimed to have busted a major money laundering racket involving Chinese nationals and multiple Indian companies. This money is almost half of Vivo's turnover of Rs 1,25,185 crore, it said without stating the time period of the transaction. The crackdown on the leading Chinese company came after the federal probe agency found that three Chinese nationals, all of whom "left" India during 2018-21, and one other person from that country incorporated as many as 23 companies in India in which they were also helped by a Chartered Accountant, Nitin Garg.

Creditors of cash-strapped DHFL claim dues worth Rs 87,905.6 crore

Creditors of cash-strapped DHFL claim dues worth Rs 87,905.6 crore

Rediff.com31 Dec 2019

Of the total, the financial creditors - banks, bond holders and other financial institutions - have claimed Rs 86,892 crore.

New India ready to take risks, innovate: Modi to diaspora in Germany

New India ready to take risks, innovate: Modi to diaspora in Germany

Rediff.com3 May 2022

Modi said the young and aspirational India understood the need for political stability to achieve faster development and had ended three decades of instability by mere touch of a button.

'Mutual Funds never provide guaranteed returns'

'Mutual Funds never provide guaranteed returns'

Rediff.com21 Oct 2022

Nikunj Saraf, Vice President Choice Wealth, answers your mutual fund queries.

'Suggest gold, silver MF SIPs to invest'

'Suggest gold, silver MF SIPs to invest'

Rediff.com14 Nov 2022

Nikunj Saraf, Vice President Choice Wealth, answers your queries.

Ask ANU: 'My mother-in-law taunts me for no reason'

Ask ANU: 'My mother-in-law taunts me for no reason'

Rediff.com16 Nov 2022

In this weekly self-help series, mental health and life coach Anu Krishna tells you how to take control of your life.

White-label ATM rollout in slow lane

White-label ATM rollout in slow lane

Rediff.com15 Jan 2014

Bankers and executives involved in ATM operations said challenges abounded in this segment.

The Hottest Jobs for Freshers in India

The Hottest Jobs for Freshers in India

Rediff.com16 Jun 2022

Jobs in HR, administration and recruitment have seen a substantial rise as per Monster data with a 42% growth in job posting activity.

New tax portal a mess, why change during ITR filing time, says Tharoor

New tax portal a mess, why change during ITR filing time, says Tharoor

Rediff.com6 Jul 2021

Senior Congress leader Shashi Tharoor on Tuesday attacked the Centre over the glitches in the new income tax portal, alleging that even after spending Rs 4,200 crore on it, the government had "failed" to make it user-friendly and created a "mess" instead.

Democracy has capacity to reconcile all differences: Prez in Kashmir

Democracy has capacity to reconcile all differences: Prez in Kashmir

Rediff.com27 Jul 2021

"Democracy, I firmly believe, has within it the capacity to reconcile all differences and also the capacity to bring out the best of the citizens' potential. Kashmir, happily, is already realising this vision," the President said in his convocation address at the Kashmir University in Srinagar.