News for 'Citi Bank'

'Goal for Axis Max Life Insurance is to become listed entity'

'Goal for Axis Max Life Insurance is to become listed entity'

Rediff.com17 Feb 2025

'However, this process will take some time. Depending on the approval timeline, it may span a few quarters.'

MP: Woman's body found in fridge months after murder

MP: Woman's body found in fridge months after murder

Rediff.com10 Jan 2025

The decomposed body of a woman was found inside a refrigerator in a house in Madhya Pradesh's Dewas city on Friday, following which a former tenant was taken into custody for questioning, police officials said.

Good times are ahead: Puri on natural gas availability

Good times are ahead: Puri on natural gas availability

Rediff.com17 Feb 2025

Ongoing strategic investment into assets abroad, alongside gas purchases being made by India, will soon allow the country to access as much gas as it needs, Petroleum and Natural Gas Minister Hardeep Singh Puri said on the sidelines of India Energy Week (IEW 2025).

RBI directs pvt banks to have at least two wholetime directors

RBI directs pvt banks to have at least two wholetime directors

Rediff.com26 Oct 2023

In a move to strengthen governance in private sector banks and wholly-owned subsidiaries of foreign banks, the Reserve Bank of India (RBI) on Wednesday directed them to have at least two wholetime directors. Lenders that do not meet the requirement will have to submit the names for the RBI's approval within four months. Banks need prior approval from the banking regulator for the appointment of wholetime directors.

Among The Faithful

Among The Faithful

Rediff.com10 Mar 2025

Maha Kumbh Mela 2025 is more than just the largest gathering of humanity. It is a testament to faith and devotion.

Reits climb the office ladder even as valuations keep rungs in place

Reits climb the office ladder even as valuations keep rungs in place

Rediff.com31 Mar 2025

Even as concerns grow over the residential real estate market reaching its peak, the outlook for office real estate remains strong, with listed real estate investment trusts (Reits) standing to benefit from sustained demand in the segment.

Mohun Bagan Super Giant Are ISL Champions!

Mohun Bagan Super Giant Are ISL Champions!

Rediff.com13 Apr 2025

MBSG have added the ISL trophy to their League Winners' Shield they had won earlier in the season for a ISL double.

SVB crisis: $200 mn worth start-up deposits moved to GIFT City

SVB crisis: $200 mn worth start-up deposits moved to GIFT City

Rediff.com17 Mar 2023

Around $200 million worth of deposits of Indian start-ups have been withdrawn from Silicon Valley Bank (SVB), which was taken over by US banking regulators last week after it collapsed, and moved to the Gujarat International Finance Tec-City (GIFT City) IFSC, Rajeev Chandrasekhar, minister of state (MoS) for electronics and information technology said on Thursday. "It turns out that there was over a billion dollars of deposits of Indian start-ups in SVB. "The existential, solvency crisis that was there six-seven days ago has become much more manageable, even the short-term liquidity crisis is being addressed as the bank allows access to deposits," the minister said while speaking at Lenovo's Tech World India Edition event.

Delhi has become Aapda-mukt: Modi in victory speech

Delhi has become Aapda-mukt: Modi in victory speech

Rediff.com8 Feb 2025

Hailing the Bharatiya Janata Party's Delhi assembly polls victory as 'historic', Prime Minister Narendra Modi on Saturday launched a stinging attack on the Aam Aadmi Party and the Congress, saying the country needs a serious political transformation and not politics of 'dhoort-ta (deceit) and moorkhta (foolishness)'.

Will money in hand from tax breaks spur housing demand?

Will money in hand from tax breaks spur housing demand?

Rediff.com21 Apr 2025

Real estate developers are hoping that the slew of tax concessions announced in Union Budget 2025, set to take effect this financial year, will spur demand for affordable and mid-segment housing, even as the broader housing market shows signs of fatigue.

'Randeep Hasn't Had It Easy But...'

'Randeep Hasn't Had It Easy But...'

Rediff.com11 May 2025

'He surprised us by telling us he wanted to make a career in acting.' 'We were scared since we knew nothing of this profession but then, he landed a role in Mira Nair's Monsoon Wedding.' 'After seeing him holding his own on screen, we decided to let the boy pursue his passion.'

2024 saw boom in India's commercial real estate

2024 saw boom in India's commercial real estate

Rediff.com29 Jan 2025

Global capability centres (GCCs) remained one of the major drivers of this huge spurt in demand for office spaces.

Boat owner family made Rs 30 cr profit during Kumbh: Yogi

Boat owner family made Rs 30 cr profit during Kumbh: Yogi

Rediff.com5 Mar 2025

Uttar Pradesh Chief Minister Yogi Adityanath defended the Maha Kumbh, claiming it generated Rs 3 lakh crore in business and provided significant economic benefits to the region. He also highlighted the "flawless" law-and-order management during the event, citing no crime reports despite the participation of 66 crore devotees and tourists. Adityanath countered opposition criticism of the event, stating that a family with 130 boats made a profit of Rs 30 crore during the 45-day congregation.

Ram Navami celebrated across country amid tight security in many states

Ram Navami celebrated across country amid tight security in many states

Rediff.com6 Apr 2025

Temples across Uttar Pradesh were packed with devotees on Sunday for Ram Navami, with Chief Minister Yogi Adityanath leading prayers at the Gorakhnath Temple. Heavy crowds were witnessed at temples in Lucknow, Gorakhpur, and Varanasi, where security was heightened. In Gorakhpur, Adityanath performed the traditional kanya pujan ritual, while in Varanasi, a 51-foot statue of Lord Ram has become a major attraction. The festival was celebrated with enthusiastic fervor across the state.

Indian cities sizzle at 48 deg C, respite likely after 3 days

Indian cities sizzle at 48 deg C, respite likely after 3 days

Rediff.com28 May 2024

Temperatures in 17 locations breached 48 degrees Celsius on Monday, with the relentless heat affecting health and livelihoods across large parts of northwestern and central India.

28L diyas to illuminate Ayodhya in first deepotsav after consecration

28L diyas to illuminate Ayodhya in first deepotsav after consecration

Rediff.com30 Oct 2024

The government aims to better its last year's Guinness World Record by lighting 25 lakh diyas on the banks of Saryu river.

'No need to raise capital for Citi deal'

'No need to raise capital for Citi deal'

Rediff.com28 Feb 2023

'Citibank customers will migrate to the Axis Bank platform over 18 months.'

Modi's promise betrayed: AAP after Delhi cabinet meet

Modi's promise betrayed: AAP after Delhi cabinet meet

Rediff.com21 Feb 2025

Atishi, a former Delhi Chief Minister and AAP leader, accused the newly formed BJP government of failing to fulfill Prime Minister Narendra Modi's promise of providing financial assistance to women under the Mahila Samridhi Yojana. She questioned why the scheme, which promised Rs 2,500 to each woman in Delhi, was not passed at the first cabinet meeting.

ATMs to loans: All eyes on the road for finance world

ATMs to loans: All eyes on the road for finance world

Rediff.com6 Jan 2025

In the Union Budget for Financial Year 2023-24 (FY24), Finance Minister Nirmala Sitharaman had held forth on the need for better governance and investor protection in the banking sector. She had proposed certain amendments to the Reserve Bank of India Act (RBI Act), 1934; the Banking Regulation Act (BR Act), 1949; and the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970.

ED grills Sharad Pawar's MLA grandnephew for 8 hrs in coop bank case

ED grills Sharad Pawar's MLA grandnephew for 8 hrs in coop bank case

Rediff.com2 Feb 2024

Emerging out of the ED grilling in Mumbai, Rohit Pawar denied any wrongdoing and asserted struggle was imminent in fight for ideology while declaring he wasn't scared.

Be Prepared! Heat Waves Coming!

Be Prepared! Heat Waves Coming!

Rediff.com1 Apr 2025

'The intensity and frequency of heatwaves will be much higher than in previous years over Punjab, Haryana, Rajasthan, Gujarat, Madhya Pradesh and Odisha.'

'Have Savings Of Rs 5 Cr; Can I Retire At 40?'

'Have Savings Of Rs 5 Cr; Can I Retire At 40?'

Rediff.com23 Apr 2025

Ask rediffGURU and PF and MF expert Janak Patel your mutual fund and personal finance-related questions.

Budget plans to complete 1 lakh homes in stalled projects

Budget plans to complete 1 lakh homes in stalled projects

Rediff.com2 Feb 2025

Union Finance Minister Nirmala Sitharaman on Saturday announced a fresh Rs 15,000 crore 'SWAMIH Fund' for completion of 1 lakh units in stalled housing projects across various cities, a move aimed at providing relief to distressed homebuyers whose investments are stuck. In November 2019, the Centre announced a stress fund named 'Special Window for Affordable and Mid-Income Housing' (SWAMIH), to complete stalled housing projects across India.

'Modi's Speech Is A Response To Congress Obsession With Vote Bank Politics'

'Modi's Speech Is A Response To Congress Obsession With Vote Bank Politics'

Rediff.com2 May 2024

'The Congress wants to distort the very fabric of Indian society because they are obsessed with vote bank politics.'

Housing sales up 36% in Q2 in top 7 cities

Housing sales up 36% in Q2 in top 7 cities

Rediff.com28 Sep 2023

Housing sales rose 36 per cent year-on-year to a record 120,280 units across seven major cities during the July-September period on robust demand amid stable mortgage rate, according to Anarock. Housing sales stood at 88,230 units in the year-ago period across the seven major cities. Releasing the data, real estate consultant Anarock said average housing prices across the seven cities grew 11 per cent annually in the July-September period this year.

SIP soars beyond city limits: Small towns lead in account additions

SIP soars beyond city limits: Small towns lead in account additions

Rediff.com4 Dec 2023

Mutual funds (MFs) are seeing higher growth in new systematic investment plan (SIP) accounts in rural areas (beyond 30 or B30 centres) compared to the top 30 (T30) cities. However, the average inflows from these areas remain significantly lower than those from the larger centres. Data from the Association of Mutual Funds in India reveals that investors from B30 contributed Rs 1,725 on average to MFs through SIPs, which is 70 per cent lower than the average ticket size of T30 investors at Rs 2,940.

'When the market is good, you have to capitalise on it'

'When the market is good, you have to capitalise on it'

Rediff.com29 Nov 2024

'Within India, people want high-quality, personalised banking services, and the demand for such services has exploded.'

If You Missed The Oscars, Read This

If You Missed The Oscars, Read This

Rediff.com3 Mar 2025

Sean Baker broke a record by winning four Oscars just himself for Anora: Best Picture, Best Director, Best Editing and Best Original Screenplay.

Man United bank on De Ligt-Mazraoui duo for success

Man United bank on De Ligt-Mazraoui duo for success

Rediff.com16 Aug 2024

The defenders signed contracts on Tuesday from Bayern Munich making United their third team together, and they could both feature in the squad's season opener on Friday against Fulham at Old Trafford.

The Actor Who Takes Your Breath Away In Paatal Lok 2

The Actor Who Takes Your Breath Away In Paatal Lok 2

Rediff.com1 Apr 2025

'Life does not change in such a way that everything becomes easy. Struggle and hustle is there for everyone. 'The difference is that people have started knowing me.'

Indian student self-deports after US revokes visa for supporting Hamas

Indian student self-deports after US revokes visa for supporting Hamas

Rediff.com15 Mar 2025

Ranjani Srinivasan, a citizen and national of India, entered the United States on a F-1 student visa as a doctoral student in Urban Planning at Columbia University, the Department of Homeland Security said in a statement on Friday. It added that Srinivasan was "involved in activities supporting" Hamas, a terrorist organisation.

Kumbh devotees walk 15 km for bus; thousands stranded at rly station

Kumbh devotees walk 15 km for bus; thousands stranded at rly station

Rediff.com31 Jan 2025

Devotees attending the Maha Kumbh in Prayagraj are facing transportation challenges, with many forced to walk long distances in search of transport. Thousands of pilgrims returning from the event are stranded at Varanasi Cantt and Banaras railway stations, with some missing their trains due to the rush and others stuck because of cancellations. Officials say the traffic situation in the district has returned to normal, but some pilgrims report difficulties in finding transport and reaching their destinations.

Israel Surrounds Gaza City

Israel Surrounds Gaza City

Rediff.com7 Nov 2023

The IDF attacks Hamas strongholds as more and more Palestinian civilians die in Israeli strikes.

Why Citi is exiting India

Why Citi is exiting India

Rediff.com10 May 2021

The Indian regulatory framework forced Citi to hibernate -- contrary to the claim that it never sleeps!

Small Town India Falls In Love With MFs

Small Town India Falls In Love With MFs

Rediff.com24 Dec 2024

More than 50 per cent of SIP accounts come from semi-urban and rural areas.

160,000 tents, 150,000 toilets: Prayagraj gears up for grand Maha Kumbh

160,000 tents, 150,000 toilets: Prayagraj gears up for grand Maha Kumbh

Rediff.com30 Dec 2024

Prayagraj is transforming into a massive temporary city to host the Maha Kumbh, the world's largest religious gathering, expected to draw over 40 crore pilgrims. The preparations include extensive infrastructure development, including 160,000 tents, 150,000 toilets, and a 1,250-km pipeline network. The event, starting on January 13, will culminate on February 26, bringing together millions of devotees for the holy dip at the confluence of the Ganga, Yamuna, and Saraswati rivers.

Modi flags off longest river cruise, inaugurates Tent City

Modi flags off longest river cruise, inaugurates Tent City

Rediff.com13 Jan 2023

The maiden voyage has 32 tourists from Switzerland signing up for the entire length of the journey.

Review: Naah-daniyan!

Review: Naah-daniyan!

Rediff.com7 Mar 2025

Nadaaniyan's lack of charm, chemistry and cheek fails to create any ripples sighs Sukanya Verma.

Only God or Modi can...: BJP's Bidhuri in Lok Sabha

Only God or Modi can...: BJP's Bidhuri in Lok Sabha

Rediff.com3 Feb 2025

Lok Sabha on Monday turned into a battleground for the Delhi assembly polls with Bharatiya Janata Party member Ramvir Singh Bidhuri launching an all-out attack on the Aam Aadmi Party government, alleging that they 'looted' the national capital and turned it into 'hell'.

Israeli air strikes target mosque in West Bank

Israeli air strikes target mosque in West Bank

Rediff.com22 Oct 2023

The Israel Defence Forces (IDF) on Sunday said that IDF and Israel Securities Authorities carried out an aerial strike at the Al-Ansar Mosque in Jenin, a city in West Bank.