News for 'Indian Bank Association'

'Avoid Pausing SIPs'

'Avoid Pausing SIPs'

Rediff.com5 Apr 2023

'Continue with your SIPs to get the benefit of lower average prices in this challenging market environment.'

'Chanda Kochhar chapter is behind ICICI Bank'

'Chanda Kochhar chapter is behind ICICI Bank'

Rediff.com4 Oct 2018

'She was either overconfident that nothing will happen to her or she underestimated the gravity of the allegations.'

'BJP is not banking on Hindu voters'

'BJP is not banking on Hindu voters'

Rediff.com9 Mar 2021

'Whether the Hindu voter will vote for us or not, we can't say, can we?'

25-yr-old from Andhra among 3 killed in US bank shooting

25-yr-old from Andhra among 3 killed in US bank shooting

Rediff.com7 Sep 2018

Pruthviraj Kandepi, who hailed from Guntur district of Andhra Pradesh, was killed in the shootout.

India's services sector growth eases to 3-month low in June

India's services sector growth eases to 3-month low in June

Rediff.com5 Jul 2023

India's services sector growth eased to a three-month low in June but service providers continued to signal positive demand trends, which resulted in a stronger increase in new business volumes and further job creation, a monthly survey said on Wednesday. The seasonally adjusted S&P Global India Services PMI Business Activity Index fell from 61.2 in May to 58.5 in June. Despite falling from May, the latest figure was consistent with a sharp pace of growth.

Getting Married? Plan Finances First!

Getting Married? Plan Finances First!

Rediff.com23 Oct 2023

For women, it is important to build an emergency fund and a financial independence fund independent of the couple's joint goals and plans.

Reliance tells employees Swiss bank account is legal

Reliance tells employees Swiss bank account is legal

Rediff.com10 Feb 2015

Reliance has no illegal Swiss Bank accounts.

Factors that will drive markets this week

Factors that will drive markets this week

Rediff.com5 Mar 2023

Equity markets would be mainly driven by global trends and foreign fund trading activity in the holiday-shortened week, analysts said. The BSE and the National Stock Exchange have listed March 7 (Tuesday) as a holiday on account of Holi. However, stock brokers' association ANMI has urged the government, exchanges and Sebi to shift the holiday to March 8 from March 7.

Why bank fixed deposit rates won't increase any time soon

Why bank fixed deposit rates won't increase any time soon

Rediff.com29 Jan 2014

Lending rates in certain segments may be increased; fixed depositors may lock into existing rates.

The Common Man Who Became A Star

The Common Man Who Became A Star

Rediff.com12 Jun 2023

'A lot of actors auditioned for Wagle Ki Duniya, but R K Laxman rejected them all.' 'He was the decision-maker, as the serial was based on his Common Man.' 'He wanted a natural, who looked like a common man.'

CBI books 7 in connection with alleged fixing, betting in IPL 2019

CBI books 7 in connection with alleged fixing, betting in IPL 2019

Rediff.com14 May 2022

The CBI has booked seven suspected punters in connection with two separate cases related to alleged fixing of matches in IPL 2019 "based on inputs" from Pakistan, officials said on Saturday.

PE/VC investments nearly halve in Feb 2023

PE/VC investments nearly halve in Feb 2023

Rediff.com20 Mar 2023

Investments by private equity and venture capital funds declined by 44 per cent to $3.7 billion in February compared to the same period a year ago, a report said on Monday. The bets by the long-term investors were 13 per cent lower when compared to the investments in the preceding month of January, the report by industry lobby Indian Venture and Alternate Capital Association and consultancy firm EY, said. "...rising global recession concerns, increasing cost of capital and mismatch in valuation expectations between sellers and investors are turning out to be major impediments in the deployment of capital," EY's partner Vivek Soni said.

Paytm bank rolls out the goodies on launch

Paytm bank rolls out the goodies on launch

Rediff.com23 May 2017

Every customer, on opening a Payments Bank account, will get a cashback of Rs 250 as soon they bring deposits of Rs 25,000 in their bank account. The account will have zero balance requirement and every online transaction (such as IMPS, NEFT, RTGS) will be free of charge.

Congress promises nationwide caste census, women's quota asap if voted to power

Congress promises nationwide caste census, women's quota asap if voted to power

Rediff.com9 Oct 2023

The Congress on Monday promised that a government led by it will conduct a nationwide caste census and implement 33 per cent reservation for women in the Lok Sabha and state legislative assemblies at the earliest, including adequate representation for women belonging to the OBC community.

ASK AJIT: 'Suffering huge losses in stock market. Please help'

ASK AJIT: 'Suffering huge losses in stock market. Please help'

Rediff.com24 Dec 2021

Ajit Mishra, vice president, research, Religare Broking, answers your queries.

Despite 250 crore plus in bank, Saurashtra sought IPL funds: COA

Despite 250 crore plus in bank, Saurashtra sought IPL funds: COA

Rediff.com22 Mar 2017

Not far behind is Himachal Pradesh Cricket Association (HPCA), who requested for funds to organise fourth India vs Australia Test, starting March 25, despite having Rs 65 crore plus in the association's bank account.

How outsourcing raises US banks' operational risks

How outsourcing raises US banks' operational risks

Rediff.com31 Oct 2013

Many Indian companies provide outsourcing services to various American entities, including large banks and financial institutions.

Why Did Supreme Court Strengthen UAPA?

Why Did Supreme Court Strengthen UAPA?

Rediff.com13 Apr 2023

Reversing the burden of evidence means that the principle of innocent until proven guilty does not apply. It is exactly the opposite: Guilty as charged, until you can convince the judges of the contrary, points out Shekhar Gupta.

With BJP Joining In, Is 'Revdi Culture' here to stay?

With BJP Joining In, Is 'Revdi Culture' here to stay?

Rediff.com15 Nov 2023

Modi's BJP has promised more revdis or freebies for these assembly elections than ever before, points out N Sathiya Moorthy.

Why Rajan trashes bankers' call for CRR cut

Why Rajan trashes bankers' call for CRR cut

Rediff.com2 Jun 2015

Head of state-run Indian Bank T M Bhasin had called for a CRR cut.

India moves to T+1 settlement from Friday: Here's what experts say

India moves to T+1 settlement from Friday: Here's what experts say

Rediff.com27 Jan 2023

Friday will be a landmark day for domestic markets, with all the listed stocks entering the professed T+1 (trading plus one day) settlement cycle. About 200 stocks, which account for more than 80 per cent of India's market capitalisation, will be settled on a next-day basis, with effect from January 27. This will evidently complete the transition to the T+1 cycle that started in February 2022 with the bottom 500 stocks in terms of market value.

Arvind Subramanian on how to prevent bank scams

Arvind Subramanian on how to prevent bank scams

Rediff.com18 Feb 2018

CEA offers three compelling arguments in his case for privatisation of government-owned banks.

Court seeks US help in probe against Mallya

Court seeks US help in probe against Mallya

Rediff.com22 Sep 2020

The CBI recently approached the special court in Mumbai for issuance of LoR to conduct a probe to ascertain utilisation of funds received in the US-based bank accounts of Mallya and now defunct Kingfisher Airlines.

Retail inflation falls to 15-month low of 5.66% in March

Retail inflation falls to 15-month low of 5.66% in March

Rediff.com12 Apr 2023

Retail inflation fell to a 15-month low of 5.66 per cent in March, mainly due to a decline in food prices, government data showed on Wednesday. The inflation figure in March is within the RBI's comfort zone as it is below 6 per cent. The retail inflation based on Consumer Price Index (CPI) was 6.44 per cent in February 2023 and 6.95 per cent in the year-ago period.

RIL may be lone bidder for JBF Petrochem

RIL may be lone bidder for JBF Petrochem

Rediff.com22 Aug 2022

Reliance Industries (RIL) is likely to be the lone bidder for Mangalore-based JBF Petrochemicals, which is up for sale after defaulting on bank loans worth Rs 5,000 crore. The lenders for the second time extended the deadline for submission of bids, which had ended on August 20, as several players, including public sector companies, were redrawing their acquisition plans, said people in the know. "There were several companies which had submitted their expressions of interest (EoIs) for the company but after due diligence decided to exit the race," said a source close to the development. "The new deadline for submitting financial offers is August-end," the source said.

India Inc pitches for rate cut; RBI may not oblige

India Inc pitches for rate cut; RBI may not oblige

Rediff.com7 Apr 2015

India Inc has pitched for rate cut to boost economic activities.

'Bandhan should not fall for corporate banking'

'Bandhan should not fall for corporate banking'

Rediff.com13 Jun 2016

Tamal Bandyopadhyay discusses his latest book Bandhan: The Making of a Bank at Bandhan headquarters in Kolkata.

Retrofitted EVs: Indian jugaad that's cheap, clean & battery-powered

Retrofitted EVs: Indian jugaad that's cheap, clean & battery-powered

Rediff.com29 May 2022

India has a history of jugaad, and retrofitting vehicles is one such manifestation of the legendary Indian skill. Not so long ago autorickshaws and small Marutis used to strap on subsidised LPG cylinders and power themselves to a cheap ride. There were the odd explosions, lives were lost, but the jugaad continued. Then compressed natural gas (CNG) was introduced in Delhi following a court order. Initially, customised CNG kits were fitted to conventional (internal combustion engine or ICE) autos cheaply, enabling commuting at less than half of what you would cough up for diesel. The industry is better organised now with Suzuki and Hyundai designing CNG-fired vehicles, and Mahindra and TVS manufacturing liquefied petroleum gas (LPG)-powered three wheelers.

ASK AJIT: 'Which shares to buy short term and long term?'

ASK AJIT: 'Which shares to buy short term and long term?'

Rediff.com17 Jan 2022

Ajit Mishra, vice president, research, Religare Broking, answers your stockmarket queries.

After FPIs, domestic brokers' lobby voices concern over T+1 settlement

After FPIs, domestic brokers' lobby voices concern over T+1 settlement

Rediff.com11 Nov 2020

The move will increase working capital requirement for brokers, raise the work load on the system and will leave little room for contingencies.

1,222 NGOs asked to validate bank accounts by Centre

1,222 NGOs asked to validate bank accounts by Centre

Rediff.com13 Sep 2017

In a circular, the ministry said all NGOs registered under the Foreign Contribution Regulation Act should receive foreign donations in a single designated bank account.

Banks pile pressure on Mallya over airline loans

Banks pile pressure on Mallya over airline loans

Rediff.com6 Sep 2014

Mallya, once known as the "King of Good Times" for his flamboyant lifestyle, has until Friday to appear before an IDBI committee to explain why he should not be declared a "wilful defaulter".

CBI summons Sisodia for questioning in excise case, AAP fears arrest

CBI summons Sisodia for questioning in excise case, AAP fears arrest

Rediff.com16 Oct 2022

The AAP claimed that Sisodia would be arrested on Monday and alleged the move was initiated in view of the forthcoming assembly elections in Gujarat where it is in a direct contest with the BJP.

Firming food prices may prompt RBI to maintain status quo

Firming food prices may prompt RBI to maintain status quo

Rediff.com5 Apr 2015

The Reserve Bank is unlikely to lower the interest rates.

Crypto currency investors hit hard by RBI diktat to banks

Crypto currency investors hit hard by RBI diktat to banks

Rediff.com7 Apr 2018

'As an investor, I either have to exit my investments in the next three months or use dark pools or cash to transact. For a normal investor, it will be almost impossible to transact in bitcoin and other digital currencies.'

India to take on defaulters as parliament approves bankruptcy bill

India to take on defaulters as parliament approves bankruptcy bill

Rediff.com11 May 2016

The insolvency and bankruptcy code will strengthen the hands of lenders to recover outstanding debts by setting a deadline of 180 days for companies to pay or face liquidation

Amidst turmoil, Manipur nurses cricket dreams

Amidst turmoil, Manipur nurses cricket dreams

Rediff.com29 Jun 2023

Usually, taking two wickets against a strong North Zone would leave any 17-year-old bowler with a wide smile. But Jotin Singh's smile had a tinge of nervousness.

New technology adds zing to Indian Railways

New technology adds zing to Indian Railways

Rediff.com4 Mar 2020

Globally, London's Tube and French railway networks are already using this technology in their corrosion-prone areas.

CBI begins questioning Manish Sisodia in excise policy case

CBI begins questioning Manish Sisodia in excise policy case

Rediff.com17 Oct 2022

Sisodia went to his party office in the morning from where he proceeded to Rajghat. A large number of his supporters gathered outside his residence ahead of his questioning.

What you MUST know before taking an education loan

What you MUST know before taking an education loan

Rediff.com22 Nov 2012

Cases of students defaulting on loan payments prompted Indian Bankers Association to review the educational loan scheme. We explore what this means for students.