News for 'City National Bank'

'Studied In Thiruvananthapuram' Will Be A Global Brand

'Studied In Thiruvananthapuram' Will Be A Global Brand

Rediff.com30 Mar 2024

Rajeev Chandrasekhar outlined his ideas to turn Thiruvananthapuram not only into a hub for higher education, but also a knowledge city, points out Ambassador T P Sreenivasan.

What Will Israel Do Next?

What Will Israel Do Next?

Rediff.com25 Sep 2024

In days of smart, networked technology and no shame over collateral damage, what will blow up next -- cars, mobile phones, TV sets, refrigerators? And where?, asks Shyam G Menon.

Union opposes merger of LVB with DBS Bank

Union opposes merger of LVB with DBS Bank

Rediff.com18 Nov 2020

A day after the RBI put in public domain a draft scheme of merger of Lakshmi Vilas Bank (LVB) with subsidiary of Singapore-based DBS, public sector banks' officer union AIBOC on Wednesday said the amalgamation is not in the national interest and demanded the consolidation with any PSB. The proposed amalgamation of the cash-strapped LVB with DBS Bank India seems to be a ploy to provide entry of foreign banks into the country in a big way, All India Bank Officers' Confederation (AIBOC) president Sunil Kumar said. The Indian banking sector provides huge opportunity for growth, so the foreign banks have been looking at inorganic route to expand their presence for long, he said.

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.

15 STUNNING Wildlife Photos

15 STUNNING Wildlife Photos

Rediff.com19 Sep 2024

A sneak peek of some extraordinary entries for the 60th annual Wildlife Photographer of the Year event.

Pros and cons of Indian banks' cross-selling initiatives

Pros and cons of Indian banks' cross-selling initiatives

Rediff.com28 Dec 2020

In a bid to gain a bigger share of the customer's wallet, banks are ramping up their cross-selling initiatives.

India's water crisis detrimental to credit health, warns Moody's

India's water crisis detrimental to credit health, warns Moody's

Rediff.com25 Jun 2024

Moody's Ratings on Tuesday said India's growing water shortage can disrupt farm and industry sectors and is detrimental to the credit health of the sovereign as rising food inflation and decline in income may spark social unrest. It said decreases in water supply can disrupt agricultural production and industrial operations, resulting in inflation in food prices and hence can be detrimental to credit health of sectors that heavily consume water, such as coal power generators and steel-makers.

South East Asia-based gangs behind surge in cybercrimes in India: Govt

South East Asia-based gangs behind surge in cybercrimes in India: Govt

Rediff.com23 May 2024

The senior IPS officer said that 45 percent of cyber financial frauds taking place in the country are originating from the South East Asia.

'Our focus is on converting lands into projects'

'Our focus is on converting lands into projects'

Rediff.com25 Apr 2024

'There has been a huge shift. Consumer needs and requirements have changed, and differ from city to city.'

Planning To Buy A House? Read This

Planning To Buy A House? Read This

Rediff.com5 Jun 2024

'Some buyers believe prices may correct in the future.' 'This is unlikely. Many developers are increasing prices amid strong sales and inflationary trends.'

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?

Euro PIX: Demiral's goals put Turkey in quarter-finals

Euro PIX: Demiral's goals put Turkey in quarter-finals

Rediff.com3 Jul 2024

Images from the Euro 2024 Round of 16 match between Austria and Turkey, at Leipzig stadium, Leipzig, Germany, on Tuesday.

All About Paris Olympics Opening Ceremony

All About Paris Olympics Opening Ceremony

Rediff.com19 Jul 2024

Unlike for previous Olympics, the Paris 2024 opening ceremony will not take place in a stadium.

'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'.

'Ratan Tata Always Displayed His Kindness'

'Ratan Tata Always Displayed His Kindness'

Rediff.com12 Nov 2024

'When the bombing happened in the Taj Mahal hotel in 2008, that was a very sad moment, but he really took care of the people, took care of everybody and that was when you saw some of his best moments.' 'There are some things which we will never forget. That is when the best of a person comes out.'

Sebi's proposed tweaks likely to lead to big churn in F&O stocks

Sebi's proposed tweaks likely to lead to big churn in F&O stocks

Rediff.com11 Jun 2024

The market regulator's newly proposed selection criteria for the over Rs 400-trillion-a-day futures and options (F&O) market could pave the way for the entry of popular stocks such as Life Insurance Corporation (LIC) of India, Jio Financial Services, Zomato, Paytm, DMart, and Adani Energy into the derivatives segment. The Indian derivatives market, which accounts for most of the trading volumes, could see big churn with over two dozen exits from the current list of 182 stocks due to an upward revision in the eligibility thresholds.

Future of digital payments in India

Future of digital payments in India

Rediff.com20 Mar 2024

'The focus needs to shift towards the ability to collect payments, particularly in tier-3 to tier-4 areas where acceptance is still lacking.'

NSE and BSE IFSC units may file for merger by September end

NSE and BSE IFSC units may file for merger by September end

Rediff.com14 Sep 2023

The proposal to merge the Gujarat International Finance Tec-City (GIFT City) units of the National Stock Exchange (NSE) and BSE has reached an advanced stage, and both bourses could file an application before the National Company Law Tribunal as early as this month, according to a top regulatory official. Sources indicate that the merger proposal has received approval from their respective boards. Both the NSE and BSE are arch rivals when it comes to onshore trading.

Cong workers wanted Priyanka to challenge Modi in Varanasi

Cong workers wanted Priyanka to challenge Modi in Varanasi

Rediff.com30 May 2024

Prime Minister Narendra Modi would have got a tough fight in Varanasi had Congress general secretary Priyanka Gandhi Vadra contested against him as Indian National Developmental Inclusive Alliance (INDIA) candidate, feel party workers from the temple town.

All You Need To Know About Paris 2024 Olympics

All You Need To Know About Paris 2024 Olympics

Rediff.com17 Jul 2024

Here is all the info one needs about the Paris 2024 Olympics: the dates, the venues, the opening ceremony, new sports and security issues.

Pilot lone survivor, 18 killed as plane crashes during takeoff

Pilot lone survivor, 18 killed as plane crashes during takeoff

Rediff.com24 Jul 2024

A Nepalese private plane crashed and caught fire shortly after taking off from the Tribhuvan International Airport in Kathmandu on Wednesday, killing 18 people aboard, including a child, and seriously injuring the pilot -- the only survivor.

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.

Respite for Cafe Coffee Day; NCLAT sets aside insolvency proceedings

Respite for Cafe Coffee Day; NCLAT sets aside insolvency proceedings

Rediff.com13 Sep 2023

Coffee Day Global Ltd (CDGL) and its financial creditor IndusInd Bank have reached a settlement, following which NCLAT has set aside an insolvency order against the company which owns and operates coffee chain Cafe Coffee Day. Counsel representing CDGL and IndusInd bank on Wednesday informed the Chennai bench of National Company Law Appellate Tribunal (NCLAT) about the settlement and sought permission to withdraw insolvency litigations. A two-member bench comprising Justice M Venugopal and Shreesha Merla took their submissions on record and set aside the order admitting CDGL to insolvency.

The bank branch is dead; long live the branch

The bank branch is dead; long live the branch

Rediff.com22 Nov 2020

Banks now ride on what is defined as a "banking outlet". This is a fixed-point service unit, manned by either the bank's staff or its business correspondent (BC), where all kinds of services - acceptance of deposits, encashment of cheques, cash withdrawal or lending of money - are provided for a minimum of four hours per day, for at least five days a week. Banks are now turning to reposition the manner in which they acquire customers, report Abhijit Lele and Raghu Mohan.

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.

Biggest bank frauds in the past 11 years

Biggest bank frauds in the past 11 years

Rediff.com12 Jun 2019

Of the total 53,334 cases of frauds reported during 2008-09 and 2018-19 fiscal years, involving a whopping Rs 2.05 lakh crore, a highest of 6,811 cases were reported by the ICICI Bank.

India's 1st smart city is all set to take off in a big way

India's 1st smart city is all set to take off in a big way

Rediff.com23 Jun 2020

'Initially, Gift City was just another real estate project, but all that changed with Modi moving to New Delhi,' notes Tamal Bandyopadhyay.

Election 2024: The Big Fights In Kerala

Election 2024: The Big Fights In Kerala

Rediff.com1 Apr 2024

Kerala's election discourse operates surreptitiously. Its explicit face focuses on important national and local issues. At the same time, it seeks to secure apt communal equations to ensure votes, notes Shyam G Menon.

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.

Bharat Bandh hits life in Bihar, J'hand, tribal belts

Bharat Bandh hits life in Bihar, J'hand, tribal belts

Rediff.com21 Aug 2024

The response was tepid in other parts of the country even as several INDIA bloc parties as well as other non-BJP outfits extended their support to the bandh.

'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.'

'Gandhiji Gave Me Contentment'

'Gandhiji Gave Me Contentment'

Rediff.com2 Oct 2024

Gandhiji asked me if I had sufficient warm clothes in view of the coming cold season. I said yes. But he verified my statement by asking Miraben to search my bag to make sure. Such was Gandhiji.

Delhi's first plasma bank now operational

Delhi's first plasma bank now operational

Rediff.com2 Jul 2020

The chief minister issued numbers -- 1031 and 8800007722 where people can contact for donation of plasma to save the lives of COVID-19 patients.

How BJP Won 1 Seat In Kerala

How BJP Won 1 Seat In Kerala

Rediff.com6 Jun 2024

At least one commentator felt that both the BJP's reach and popularity had been underestimated in Kerala. They have shown systematic gain; one that seems personality-neutral and therefore institutionalised, explains Shyam G Menon.

Ahead of festive season, banks cut big-ticket home loan rates

Ahead of festive season, banks cut big-ticket home loan rates

Rediff.com27 Aug 2014

SBI, ICICI Bank and PNB reduce interest rate for loans above Rs 75,00,000

UK banks set for all-night vigil over 'Brexit' fears

UK banks set for all-night vigil over 'Brexit' fears

Rediff.com23 Jun 2016

The bank remains on high alert to intervene if markets freeze.

Are Indian Markets Overstretched?

Are Indian Markets Overstretched?

Rediff.com27 Feb 2024

The index is currently trading at 149 per cent of its historical P/B valuation, surpassing its previous peak of 125 per cent made in 2020-21.

PM to inaugurate first all-women bank on Nov 19

PM to inaugurate first all-women bank on Nov 19

Rediff.com14 Nov 2013

Prime Minister Manmohan Singh and UPA Chairperson Sonia Gandhi will inaugurate country's first all-women Bharatiya Mahila Bank in Mumbai on November 19, the birth anniversary of former Prime Minister Indira Gandhi.

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.

Sorry Mr Modi, Katchatheevu Isn't An Election Issue In Tamil Nadu

Sorry Mr Modi, Katchatheevu Isn't An Election Issue In Tamil Nadu

Rediff.com4 Apr 2024

Rulers in New Delhi and their political aides in sensitive states like Tamil Nadu have to be doubly careful not to provoke a situation whose consequences may be much more than visible now to the naked eye, notes N Sathiya Moorthy.