News for 'City Bank'

How India Won Back Maldives's Trust

How India Won Back Maldives's Trust

Rediff.com12 Sep 2024

The avoidable stresses and strains in ties helped in one way. It showed for the entire region how a matured India handled diplomatic relations, especially with a smaller and suspicious neighbour, with practised dignity and patience, unruffled by provocations in word, deed and action, observes N Sathiya Moorthy.

'Israelis are committing genocide'

'Israelis are committing genocide'

Rediff.com30 Nov 2023

'What's happening in Gaza is another ethnic cleansing, a repeat of what happened in 1948.' 'That is why people do not want to evacuate. Either you evacuate or you die.'

Is the worst over for Indian banks?

Is the worst over for Indian banks?

Rediff.com24 Mar 2022

Is the worst over for Indian banks? The past two years saw them ride on treasury trades as deposits soared and credit growth dipped sharply. Gross and net non-performing assets (NPAs) moved south, and the provision coverage ratio (PCR), capital buffers, and profitability indicators are back at pre-pandemic levels. So, what's the plot ahead?

Cyber criminals make woman lawyer strip on camera, send Rs 14 lakh

Cyber criminals make woman lawyer strip on camera, send Rs 14 lakh

Rediff.com9 Apr 2024

A woman lawyer in Bengaluru fell prey to cyber criminals and during 'video arrest' for two days she not only lost money to the tune of Rs 14.57 lakh but also posed nude on camera for them, police sources said on Tuesday.

US, allies cut off Russian banks from SWIFT

US, allies cut off Russian banks from SWIFT

Rediff.com27 Feb 2022

The Society for Worldwide Interbank Financial Telecommunication (SWIFT) is the world's main banking messaging service which links around 11,000 banks and institutions in more than 200 countries, including India.

'Climate Change Is The Main Villain'

'Climate Change Is The Main Villain'

Rediff.com2 Aug 2024

'Since there is no photo-op, or quick fix solutions, politicians do not want to address climate change. It is very unfashionable.'

Here's how Manchester United, City are helping communities

Here's how Manchester United, City are helping communities

Rediff.com21 Mar 2020

Responding to an initiative already run by fans of both clubs, City and United will donate 50,000 pounds each to the Trussell Trust, a support network of more than 1,200 food banks.

Lakshmi Vilas Bank had dug its own grave

Lakshmi Vilas Bank had dug its own grave

Rediff.com4 Dec 2020

Its obsession for growth, chasing corporate clients and giving up its original mandate of meeting the needs of local trade and businesses. A quarter of its loan book has gone bad. That's an error of business strategy, points out Tamal Bandyopadhyay.

Maha parties bolt stable door to prevent horse-trading ahead of MLC polls

Maha parties bolt stable door to prevent horse-trading ahead of MLC polls

Rediff.com11 Jul 2024

To keep their MLAs together, political parties are organising dinner meetings and arranging hotel stays for them ahead of the council elections, which are taking place just three months ahead of the assembly polls in the state.

Thousands to reach Mumbai as city gears up for rival Sena Dussehra rallies

Thousands to reach Mumbai as city gears up for rival Sena Dussehra rallies

Rediff.com5 Oct 2022

A railway official said a train has been booked for the Dussehra rally from Nanded city in central Maharashtra.

Banks need to take blame for their problems: Citi India CEO

Banks need to take blame for their problems: Citi India CEO

Rediff.com24 Nov 2014

While an uptick in economic activity will help banks come out of some of their problems, some issues currently facing the Indian banking industry are of its own doing says Pramit Jhaveri.

Coronavirus: Manchester City offer Etihad Stadium to NHS

Coronavirus: Manchester City offer Etihad Stadium to NHS

Rediff.com29 Mar 2020

More than 1,000 people have died from coronavirus in the UK as of 27 March, and more than 17,000 have tested positive for the virus, according to figures from the Department of Health and Social Care.

HDFC Bank inks pact with Paytm to ramp up credit card issuance

HDFC Bank inks pact with Paytm to ramp up credit card issuance

Rediff.com20 Sep 2021

Looking to regain lost ground in the credit cards segment, HDFC Bank on Monday announced a tie-up with leading payments company Paytm to start selling co-branded plastics before the onset of the festive season. The credit cards will be powered by Visa and will include offerings targeted at millennials, business owners and merchants, an official statement said. Paytm has a reach of over 330 million consumers and 21 million merchants, while HDFC Bank has over 5 million debit, credit and prepaid cards, and serves 2 million merchants through its offerings.

'I can't do JEE, I'm a loser': Girl ends life in Kota

'I can't do JEE, I'm a loser': Girl ends life in Kota

Rediff.com29 Jan 2024

An 18-year-old student preparing for the Joint Entrance Examination (JEE) allegedly hanged herself at her home in Kota on Monday, leaving behind a suicide note saying sorry to her parents and calling herself a 'loser'.

Citi sells German retail banking biz

Citi sells German retail banking biz

Rediff.com5 Dec 2008

Troubled banking giant Citigroup on Friday said it has completed the sale of its German retail banking business to European banking group Credit Mutuel-CIC for euro 5.2 billion ($ 6.6 billion) in an all cash deal.

Aim to make India core in global energy revolution: Ola Electric

Aim to make India core in global energy revolution: Ola Electric

Rediff.com1 Jul 2024

In March 2021, Ola Electric founder Bhavish Aggarwal was seen surveying an empty 500-acre land surrounded by shoe factories, temples, bakery shops, coconut trees and dusty roads in Pochampalli town of Krishnagiri district, Tamil Nadu. Many excavators and workers were busy at the construction site to build the Ola Futurefactory for electric vehicles.

Why Builders Won't Drop Home Prices

Why Builders Won't Drop Home Prices

Rediff.com12 Jul 2024

'What happens in the real estate market is that once the prices go up it goes on to stay at that level.' 'It might not increase and at the same time the prices will not come down too.'

Explained: Tax Changes On Property Sales

Explained: Tax Changes On Property Sales

Rediff.com25 Jul 2024

Maintain a proper record of documents that can act as proof of the cost of acquisition of the property, cost of improvements made to the property, expenses related to transfer of the property (like brokerage and registration charges). These will come in handy in case of a dispute with the taxman.

The Curious Case Of Sheena Bora's Teeth

The Curious Case Of Sheena Bora's Teeth

Rediff.com12 Jul 2024

One of the high points of the proceedings was when Indrani Mukerjea's lawyer smartly utilised Dr Zeba Khan's expert status to pose her A Most Curious Question. He asked her if a skull can grow new teeth, even after the person, who it belonged to, had died, three years before. We can be sure that the discrepancy between the number of teeth discovered in the skull unearthed in 2012 and the skull shown in court in September 2019 will come up soon in Courtroom No 51. Vaihayasi Pande Daniel reports from the Sheena Bora Murder Trial.

ED raids 26 locations in ABG Shipyard bank fraud case

ED raids 26 locations in ABG Shipyard bank fraud case

Rediff.com26 Apr 2022

As many as 26 premises are being searched in these cities by the federal agency under the criminal sections of the Prevention of Money Laundering Act, they said.

The Coolest Daddy In The World

The Coolest Daddy In The World

Rediff.com14 Jun 2024

To share your Father's Day story (Father's Day will be celebrated on Sunday, June 16), just mail us at getahead@rediff.co.in (subject: Father's Day) along with your name, the place where you live, your father's name and picture and your message about him.

Has anything changed, ask Lakhimpur Kheri voters

Has anything changed, ask Lakhimpur Kheri voters

Rediff.com11 May 2024

This appears to be a common refrain in Uttar Pradesh's Lakhimpur Kheri Lok Sabha constituency where farmers want better prices for their produce and respite from the stray cattle menace and others want political leaders to talk about job creation instead of issues like the Ram temple and Article 370.

'Palestinians live in an open prison'

'Palestinians live in an open prison'

Rediff.com29 Jan 2024

'Israelis arrested us before this war and continue to do so -- even more so -- now.'

Battle Royale in Thiruvananthapuram

Battle Royale in Thiruvananthapuram

Rediff.com12 Apr 2024

The Lok Sabha contest in Thiruvananthapuram is shaping up to be a significant battle involving key candidates like Shashi Tharoor, Rajeev Chandrasekhar, and Panniyan Ravindran. This three-cornered fight highlights the political dynamics in Kerala's capital city, with each candidate bringing their own vision and promises for the region's development, notes Rajeev Srinivasan.

Fleeing The Israeli Army In Gaza

Fleeing The Israeli Army In Gaza

Rediff.com13 Nov 2023

More than 100,000 Palestinians have fled south over the past two days, according to Israel, but they still face bombardment and dire conditions.

PIX: France Wows With Spectacular Olympics Opening

PIX: France Wows With Spectacular Olympics Opening

Rediff.com27 Jul 2024

France showcased its cultural diversity, spirit of revolution, impeccable craftsmanship, and architectural heritage in a riveting opening ceremony for the 33rd Olympic Games.

Juvenile Porsche driver's father, five others sent to jail till June 7

Juvenile Porsche driver's father, five others sent to jail till June 7

Rediff.com25 May 2024

Agarwal, a real estate developer, was arrested under sections 75 and 77 of the Juvenile Justice Act, while the others were booked for allegedly serving alcohol to an underage person.

If Citi's in such a mess, what about other banks?

If Citi's in such a mess, what about other banks?

Rediff.com26 Nov 2008

The federal bailout calmed the market and seems to fence off Citi's toxic assets. But some investors wonder what it says about the state of other banks.

India's banks, financial markets can withstand extreme volatility: Das

India's banks, financial markets can withstand extreme volatility: Das

Rediff.com5 Sep 2022

Reserve Bank Governor Shaktikanta Das on Monday said despite the latest headwinds arising from the Jackson Hole summit leading to extreme volatility, our banking system and financial markets are strong enough to withstand such pressures. Taking the markets by surprise, US Fed chair Jerome Powell had told the annual Jackson Hole summit of central bankers and economists last week that he would have to keep raising federal fund rates to tame inflation, which remains the biggest challenge to the world's largest economy. He also warned of the pains that such monetary policy actions would create on growth and jobs.

T20 WC: All eyes on Kohli as India face Canada amid rain threat

T20 WC: All eyes on Kohli as India face Canada amid rain threat

Rediff.com14 Jun 2024

Virat Kohli's string of low scores would be a concern for India when they play against Canada in their final group match of the T20 World Cup.

Distributors flock to MFs as returns, flows improve

Distributors flock to MFs as returns, flows improve

Rediff.com10 Dec 2023

An improved showing of mutual funds (MFs) is helping the industry attract distribution talent at a brisk pace. The industry has onboarded a net of 11,600 individual distributors in the first seven months of 2023-24 (FY24) compared to just 5,555 distributors in the whole of 2022-23 (FY23), according to data from the Association of Mutual Funds in India. Like most financial products, MFs also have significant reliance on individual distributors to sell their products, even as digital platforms are gaining popularity.

J-K: Boat carrying school children capsizes in Jhelum, 6 dead

J-K: Boat carrying school children capsizes in Jhelum, 6 dead

Rediff.com16 Apr 2024

A boat carrying mostly school children capsized in the Jhelum river on the outskirts of the city on Tuesday, leaving six people dead, officials said.

RCB renamed Royal Challengers Bengaluru

RCB renamed Royal Challengers Bengaluru

Rediff.com19 Mar 2024

Royal Challengers Bangalore has been officially renamed as Royal Challengers Bengaluru ahead of this year's IPL

Can Gujarat's GIFT city be Asia's next financial hub?

Can Gujarat's GIFT city be Asia's next financial hub?

Rediff.com5 Aug 2020

'GIFT City is now on a growth trajectory,' says Tapan Ray, MD and group CEO, GIFT City, 'The time has come for the GIFT City to take the big leap and emerge as the next financial hub of Asia.'

Will Thiruvanathapuram Elect Tharoor A 4th Time?

Will Thiruvanathapuram Elect Tharoor A 4th Time?

Rediff.com24 Apr 2024

24 hours before campaigning ends in Thiruvanathapuram, Archana Masih/Rediff.com discovers Shashi Tharoor and his BJP rival Rajeev Chandrasekhar are busy getting their message across to voters.

Ranveer-Kriti's Day Out In Varanasi

Ranveer-Kriti's Day Out In Varanasi

Rediff.com15 Apr 2024

Ranveer Singh, Kriti Sanon and Manish Malhotra visited the Kashi Vishwanath temple in Varanasi to offer prayers over the weekend.

Ayodhya all set for grand consecration ceremony

Ayodhya all set for grand consecration ceremony

Rediff.com21 Jan 2024

The much-awaited Ram temple consecration will be held in Ayodhya on Monday in a grand ceremony with Prime Minister Narendra Modi attending the rituals, following which the shrine will be opened for the public a day later.

ICICI Bank files Rs 563 cr cheating case against Karvy's promoter

ICICI Bank files Rs 563 cr cheating case against Karvy's promoter

Rediff.com25 Aug 2021

A case has been registered against Karvy Stock Broking Ltd promoter C Parthasarathy and others for allegedly cheating ICICI Bank to the tune of Rs 563 crore.

Digital Loan Apps: Boon Or Bane?

Digital Loan Apps: Boon Or Bane?

Rediff.com18 Jan 2024

For the time being, digital lending remains a grey area, notes Tamal Bandyopadhyay.

Electoral Bonds Exposes Weakness In India's Institutions

Electoral Bonds Exposes Weakness In India's Institutions

Rediff.com22 Feb 2024

When a strong executive decides it wants something, even something that is dangerous and unconstitutional, there is little resistance from within to stop it, notes Aakar Patel.