News for 'Banks Housing'

Tata Sons continues as 'upper-layer NBFC'; listing application pending

Tata Sons continues as 'upper-layer NBFC'; listing application pending

Rediff.com7 Aug 2026

Tata Sons, the holding company of the Tata group, continues to be classified as an 'upper-layer non-banking financial company' (NBFC) by the Reserve Bank of India (RBI), despite its application to deregister as an NBFC-Core Investment Company (CIC) remaining under consideration. This classification subjects it to enhanced regulation and a mandatory listing requirement, which remains uncertain.

Tata Sons Listing: Suspense Continues

Tata Sons Listing: Suspense Continues

Rediff.com21 Aug 2026

Tata Sons approached the RBI in 2024 seeking de-registration after becoming debt-free, a move that would allow it to remain a privately held, unlisted company. The application has remained pending.

West Asia Tensions, Fed Minutes to Shape Gold and Silver's Next Move

West Asia Tensions, Fed Minutes to Shape Gold and Silver's Next Move

Rediff.com16 Aug 2026

Gold and silver prices are anticipated to maintain a positive trajectory in the coming week, with market volatility expected to remain high due to ongoing developments in West Asia and upcoming global economic data, particularly the Federal Reserve's FOMC meeting minutes.

How a tea break saved 5 friends in devastating Nepal floods

How a tea break saved 5 friends in devastating Nepal floods

Rediff.com30 Aug 2026

Five friends from Raipur, Chhattisgarh, narrowly escaped being swept away by flash floods in Nepal's Bhote Koshi and Trishuli river valleys thanks to an impromptu tea break. They endured two tense days on higher ground, witnessing devastation, before returning home safely, with a poignant Raksha Bandhan moment providing comfort.

Bar singer, ex-banker among 7 arrested for impersonating CBI officers

Bar singer, ex-banker among 7 arrested for impersonating CBI officers

Rediff.com24 Aug 2026

Delhi Police have arrested seven individuals, including a former bar singer and an ex-banker, for allegedly posing as CBI officers to conduct fake raids and extort money or valuables in Delhi and Mumbai. The gang reportedly used fake ID cards and notices to intimidate targets.

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.

Is Caste Census Only In Name?

Is Caste Census Only In Name?

Rediff.com15 Aug 2026

Opposition leaders have questioned how caste responses will be recorded without state-wise pre-prepared lists.

RBI Keeps Tata Sons Waiting

RBI Keeps Tata Sons Waiting

Rediff.com7 Aug 2026

The RBI once again said the Tata group holding company's application for deregistration as an NBFC remains under examination.

Lost Your Job? Protect Your Finances

Lost Your Job? Protect Your Finances

Rediff.com26 Aug 2026

List all unavoidable expenses such as rent, groceries, transportation, education and medical bills.

Opposition protests force LS adjournment as Parliament stalemate continues

Opposition protests force LS adjournment as Parliament stalemate continues

Rediff.com5 Aug 2026

Relentless protests by Opposition parties forced the adjournment of the Lok Sabha for the day after the passage of the Bankers' Books Evidence Bill without a debate on Wednesday, with the government accusing them of coming to the House to disrupt proceedings and not for discussion.

'China didn't inform, Nepal toll could rise unbelievably'

'China didn't inform, Nepal toll could rise unbelievably'

Rediff.com27 Aug 2026

Nepal's former Forest and Environment Minister Madhav Prasad Chaulagain has expressed concern over the lack of timely information exchange with China ahead of the devastating floods, stating that the disaster's scale could lead to an 'unbelievable' rise in the death toll.

Major fire at Mumbai's Income Tax building, several people evacuated

Major fire at Mumbai's Income Tax building, several people evacuated

Rediff.com17 Aug 2026

A significant fire broke out in the basement of the seven-storey Income Tax Office building at Churchgate, South Mumbai, on Monday afternoon, leading to the evacuation of numerous individuals, with no casualties reported so far.

Census 2027: What personal details will you have to disclose?

Census 2027: What personal details will you have to disclose?

Rediff.com15 Aug 2026

In addition to caste details, the Census will, for the first time, collect personal information such as the total number of bank accounts held by individuals, along with their mobile number, Aadhaar number, voter ID number, passport number and driving licence status, according to the 40 questions notified by the Registrar General of India on Friday.

Court Orders Case Against 69 Indian Bank Staff In Rs 5 Crore Embezzlement

Court Orders Case Against 69 Indian Bank Staff In Rs 5 Crore Embezzlement

Rediff.com13 Jun 2026

Police in Gonda, Uttar Pradesh, have registered a case against 69 former and serving officers and employees of an Indian Bank branch for allegedly embezzling nearly Rs 5 crore from a union account. The case was filed following a court order after the accused failed to return the embezzled funds despite an earlier undertaking.

Finance Minister Explains MDR Impact On Digital Payments

Finance Minister Explains MDR Impact On Digital Payments

Rediff.com6 Aug 2026

Finance Minister Nirmala Sitharaman clarified that the Merchant Discount Rate (MDR) on digital transactions applies to merchants, not customers, and aims to support banks and fintech in infrastructure investment. She countered Congress leader Jairam Ramesh's claims, stating that a committee will decide on MDR only after Parliament passes the Taxation and Other Laws (Amendment) Bill, 2026, a process currently stalled by parliamentary disruptions.

Nearly 160 killed, over 750 missing in devastating Nepal flash floods

Nearly 160 killed, over 750 missing in devastating Nepal flash floods

Rediff.com27 Aug 2026

A massive flash flood originating in Tibet has devastated central Nepal, killing 17 people and leaving nearly 500 missing, including 105 Indians. The deluge, caused by a rock slide near the Nepal-Tibet border, swept through districts, washing away bridges and severely damaging at least a dozen hydropower projects.

Telangana CM denied US trip, MEA cites 'non-conformity of norms'

Telangana CM denied US trip, MEA cites 'non-conformity of norms'

Rediff.com22 Aug 2026

Telangana Chief Minister A Revanth Reddy's planned visit to the United States has been denied political clearance by the Ministry of External Affairs (MEA), citing non-conformity with laid down norms, forcing him to cancel the US leg of his 'TelanganaRising' delegation tour and return to Hyderabad earlier than planned.

Bank Of Baroda Employee Arrested For Stealing From RBI Currency Chest

Bank Of Baroda Employee Arrested For Stealing From RBI Currency Chest

Rediff.com24 May 2026

A Bank of Baroda employee in Ahmedabad has been arrested for allegedly stealing Rs 8.7 crore from an RBI currency chest and laundering the money into properties and cryptocurrency.

Vivo T5 Lite 5G Packs 6.74-inch HD+ Screen, 44 W Charging And IP65 Protection

Vivo T5 Lite 5G Packs 6.74-inch HD+ Screen, 44 W Charging And IP65 Protection

Rediff.com30 Jul 2026

Vivo T5 Lite 5G has made its debut with a feature-packed specification sheet aimed at budget-conscious buyers.

'Crisis In The Economy Started Last Year'

'Crisis In The Economy Started Last Year'

Rediff.com15 Aug 2026

'It is not because of the war in West Asia, which began on February 28.' 'Petroleum product prices are already going through the roof. They are bound to have a serious inflationary impact.' 'A country's leadership is tested in trying times. It is here that the current leadership is failing.'

'Chandra Has Taken Right Professional Decision At the Right Time'

'Chandra Has Taken Right Professional Decision At the Right Time'

Rediff.com13 Aug 2026

While the latest trigger for him stepping down could be the uncertainty around his renewal as a director at the AGM, which is otherwise a routine matter, Chandra may have been contemplating quitting for some time now because of the overall turbulence with the principal shareholder on the leadership issue.

'Can't describe our pain': Wayanad survivors recall nightmare 2 yrs later

'Can't describe our pain': Wayanad survivors recall nightmare 2 yrs later

Rediff.com30 Jul 2026

Two years after the devastating Mundakkai-Chooralmala landslides in Wayanad claimed 298 lives, survivors continue to grapple with profound grief and trauma. Despite government rehabilitation efforts providing new homes in Kalpetta, many families face lingering emotional scars and financial hardships, highlighting the long-term impact of the tragedy.

CJP volunteer says family detained, harassed in UP

CJP volunteer says family detained, harassed in UP

Rediff.com25 Jul 2026

Mohammad Junaid, a volunteer at a protest against alleged paper leaks in Delhi, claims that Uttar Pradesh Police detained his family members in Ghaziabad and harassed relatives in Meerut due to his involvement. Police in Meerut deny the allegations, while Ghaziabad police have not commented.

Shakib ready to return to Bangladesh, but sets big condition

Shakib ready to return to Bangladesh, but sets big condition

Rediff.com7 Aug 2026

Bangladeshi cricket legend Shakib Al Hasan, an ally of ousted PM Sheikh Hasina, is willing to return from exile in the US to face charges, including murder, if the government guarantees his safety. He hopes to play a farewell series and represent Bangladesh in the 2027 World Cup, highlighting the challenges faced by Hasina's allies after her government's fall.

Pakistan: Suspected Bank Robbers Killed In Custody After Ambush

Pakistan: Suspected Bank Robbers Killed In Custody After Ambush

Rediff.com21 May 2026

Three suspected bank robbers under police custody were killed in Peshawar, Pakistan, after unidentified gunmen attacked the police escort team. The suspects were being taken to identify crime scenes when the ambush occurred, resulting in a shootout and a subsequent search operation for the attackers.

What Went Wrong At Tata Sons After Ratan Tata?

What Went Wrong At Tata Sons After Ratan Tata?

Rediff.com13 Aug 2026

Chandrasekaran's exit is more than a change of chairman. It represents the breakdown of the informal consensus that governed the Tata system under Ratan Tata.

The Week's OTT Releases: Main Vaapas Aaunga, Governor, Operation Safed Sagar

The Week's OTT Releases: Main Vaapas Aaunga, Governor, Operation Safed Sagar

Rediff.com7 Aug 2026

Discover the top OTT releases this week, featuring a compelling mix of Hindi dramas like Imtiaz Ali's Main Vaapas Aaunga and Manoj Bajpayee's Governor, alongside regional and international titles.

Kerala rains: 25 dead, over 18K evacuated; red alert in 8 districts

Kerala rains: 25 dead, over 18K evacuated; red alert in 8 districts

Rediff.com5 Aug 2026

The heavy rains that have battered Kerala since August 1 have claimed 25 lives, left four people missing, injured 10 and damaged hundreds of properties, forcing thousands to seek shelter in relief camps, the state government said on Tuesday.

Assam floods toll goes up to 80, over 2.12 lakh affected

Assam floods toll goes up to 80, over 2.12 lakh affected

Rediff.com31 Jul 2026

Assam's flood death toll has risen to 80, with two new fatalities reported from Sivasagar district, as eight districts and over 2.12 lakh people remain affected. The state government has announced a six-month moratorium on loan repayments for flood-affected individuals and is seeking a special support package from the Centre.

Birbhum cash haul rises to Rs 28 cr, stone trader at large

Birbhum cash haul rises to Rs 28 cr, stone trader at large

Rediff.com30 Jul 2026

West Bengal police have seized a staggering Rs 28.5 crore in cash and 15 kg of gold from the residence of absconding stone trader Tullu Mondal's manager and brother-in-law, Minar Mondal, in Birbhum district, leading to his arrest.

35 dead in 2 days as floods ravage Gujarat

35 dead in 2 days as floods ravage Gujarat

Rediff.com25 Jul 2026

Gujarat has reported 35 rain-related deaths in the past two days, primarily in the worst-affected districts of Valsad and Navsari, as floodwaters recede and authorities initiate damage assessment surveys and post-flood cleanliness drives.

New ITR Forms Demand More Tax Details

New ITR Forms Demand More Tax Details

Rediff.com24 Jul 2026

Taxpayers must provide more details to support deduction and exemption claims.

12 dead, several missing as flash floods, landslides hit Poonch, Rajouri

12 dead, several missing as flash floods, landslides hit Poonch, Rajouri

Rediff.com19 Jul 2026

Incessant overnight rainfall has triggered severe flash floods and landslides in Jammu and Kashmir's Poonch and Rajouri districts, resulting in at least eight fatalities and six people missing, prompting Chief Minister Omar Abdullah to cut short his Delhi visit to personally monitor the situation.

Assam Floods: The Village The Dikhow River Wiped Out

Assam Floods: The Village The Dikhow River Wiped Out

Rediff.com3 Aug 2026

The water rose from knee level to chest height within minutes before climbing even higher. Homes crumbled, cattle sheds collapsed and everything that could be carried away by the current vanished.

Stunning Solar Eclipse Images From Around The World

Stunning Solar Eclipse Images From Around The World

Rediff.com13 Aug 2026

Glimpses of the August 12, 2026 solar eclipse as the Moon crossed the Sun over Europe and beyond.

'Tried to get govt job, but...': B Tech gold medallist dies by suicide in UP

'Tried to get govt job, but...': B Tech gold medallist dies by suicide in UP

Rediff.com19 Jul 2026

A 23-year-old B Tech gold medallist in Kanpur died by suicide, leaving a note apologising for his inability to secure a government job despite numerous attempts. His family stated he was under severe stress after failing competitive examinations for various sectors. Police are investigating the incident.

Stricter punishment, speedy probe as anti-paper leak law kicks in

Stricter punishment, speedy probe as anti-paper leak law kicks in

Rediff.com1 Aug 2026

President Droupadi Murmu has given her assent to the Public Examinations (Prevention of Unfair Means) Amendment Bill, 2026, which introduces fast-track courts and significantly enhances punishment for those involved in public examination question paper leaks.

Chhetri's Anguish: Jamshedpur FC's ISL Exit A 'Punch In The Gut'

Chhetri's Anguish: Jamshedpur FC's ISL Exit A 'Punch In The Gut'

Rediff.com2 Aug 2026

Indian football legend Sunil Chhetri has voiced his deep disappointment over Jamshedpur FC's decision to withdraw from the upcoming Indian Super League season. Describing the move as "a punch in the gut," Chhetri urged the Tata Group, owners of the club, to reconsider, highlighting their crucial role in Indian football development. The club's withdrawal, influenced by a new AIFF administrative fee, means the ISL will proceed with 13 teams.

'All donation thieves in BJP': Cong escalates attack over Ram Temple theft

'All donation thieves in BJP': Cong escalates attack over Ram Temple theft

Rediff.com2 Aug 2026

The Congress on Sunday launched a scathing attack on the Bharatiya Janata Party over the alleged theft of donations at the Ram temple in Ayodhya, saying not everyone in the BJP is a "chhanda chor" but all the "chhanda chors" are in the ruling party.

Moto G77 Power: Price, Features...

Moto G77 Power: Price, Features...

Rediff.com21 Jul 2026

Motorola has expanded its G-series lineup in India with the launch of the Moto G77 Power, a smartphone designed for users who prioritise battery life and reliable everyday performance.