News for 'Indian Bank's Association'

Gujarat woman held for links to global cyber slavery racket

Gujarat woman held for links to global cyber slavery racket

Rediff.com26 Nov 2025

Gujarat police arrest a woman allegedly involved in trafficking job aspirants to Myanmar and Thailand for cyber slavery. The accused lured people with promises of high-paying jobs and forced them to work for international cyber crime syndicates.

Want To Quit Your Job? Answer These Questions First

Want To Quit Your Job? Answer These Questions First

Rediff.com28 Nov 2025

The size or turnover of a company, or even the salary package offered, no longer prevents employees from quitting, notices rediffGURU Pradeep Pramanik.

Will India continue to remain an attractive FDI destination in 2026?

Will India continue to remain an attractive FDI destination in 2026?

Rediff.com27 Dec 2025

FDI inflows into India are expected to register robust growth in 2026, supported by strong macroeconomic fundamentals, big-ticket investment announcements, sustained efforts to improve the ease of doing business, and a new generation of investment-linked trade pacts.

CSK's Youth Gamble Signals Post-Dhoni Thinking

CSK's Youth Gamble Signals Post-Dhoni Thinking

Rediff.com16 Dec 2025

Spending more than US$3 million (Rs 28.40 crore) and nearly 60 percent of their purse on players, who can proverbially be termed as wet behind the ears, does display a change in mindset.

Jamiat chief flags Muslim discrimination, cites Al Falah case; draws flak

Jamiat chief flags Muslim discrimination, cites Al Falah case; draws flak

Rediff.com23 Nov 2025

Jamiat Ulama-i-Hind chief Maulana Arshad Madani's remarks alleging discrimination against Muslims, citing the Al Falah University case, have sparked a row with the BJP, who accused him of supporting terrorists.

Talent Crunch Affects Bank's Cybersecurity Plans

Talent Crunch Affects Bank's Cybersecurity Plans

Rediff.com14 Dec 2023

'We are also conducting ongoing training and grooming at the branch level to pre-empt such cyberattacks.'

How RBI's bar on Mastercard impacts Indian banks

How RBI's bar on Mastercard impacts Indian banks

Rediff.com16 Jul 2021

The Reserve Bank of India's (RBI's) move to ban Mastercard from issuing new cards for not complying with the local data storage guidelines may hit five private banks, a non-bank lender, and a major card-issuing company. The impact is expected to be felt for a few months as these players transition to other card networks. According to Nomura Research, RBL Bank, YES Bank, and Bajaj Finserv are the ones most impacted by the ban as all their credit card schemes are allied to Mastercard. Among others, IndusInd Bank, Axis Bank and ICICI Bank have 35-40 per cent of their credit card schemes tied to Mastercard, the report said.

Al Falah University chancellor's brother arrested in fraud Case

Al Falah University chancellor's brother arrested in fraud Case

Rediff.com17 Nov 2025

The brother of the chancellor of Al Falah University, linked to the Delhi blast probe, has been arrested by Madhya Pradesh police from Hyderabad in connection with nearly 25-year-old fraud cases.

Slowing credit growth, margin pressure await banks in 2025

Slowing credit growth, margin pressure await banks in 2025

Rediff.com1 Jan 2025

In 2025 banks are in for challenges such as pressure on margins and slowing credit growth. With the likelihood of a repo rate cut in February or April, external benchmark-linked loans of banks will be repriced immediately. However, deposit rates are expected to adjust more gradually, which could impact the net interest margin (NIM) - a key measure of profitability for banks.

200% spike in gold import drives India's trade deficit to $41.68 billion

200% spike in gold import drives India's trade deficit to $41.68 billion

Rediff.com22 Nov 2025

India's merchandise trade deficit widened to a record $41.68 billion in October, as gold imports trebled and outbound shipments registered their sharpest contraction in 14 months, according to data released by the commerce department.

India's New Travel High: Wellness

India's New Travel High: Wellness

Rediff.com30 Oct 2025

While wellness-related facilities and activities used to be considered luxury offerings, hospitality industry executives note that it has now become a mainstream expectation among guests.

Why Indian Tennis Is In A Slump

Why Indian Tennis Is In A Slump

Rediff.com7 Jun 2025

'We were the best team in Asia at one point. Today, we are barely in the reckoning for the Davis Cup.' 'Players now, especially this decade, lack perseverance.'

2-day bank strike from January 31

2-day bank strike from January 31

Rediff.com15 Jan 2020

United Forum of Bank Unions is seeking at least a 15-per cent hike, but the Indian Banks' Association has capped the raise at 12.25 per cent.

Prayagraj-based 'Ram Naam Bank' may open branches in Europe, US

Prayagraj-based 'Ram Naam Bank' may open branches in Europe, US

Rediff.com6 Apr 2025

Indian origin Hindus living in Europe and US are mulling opening overseas chapters of Prayagraj-based 'Ram Naam Bank' in their countries. On the occasion of Ram Navami on Sunday, the idea of opening a Ram Naam Bank was discussed among the devotees in Sweden.

Planning To Freeze Your Eggs? What You Must Know

Planning To Freeze Your Eggs? What You Must Know

Rediff.com2 Dec 2025

Dr Sulbha Arora, clinical director and fertility specialist at Nova IVF Fertility, explains everything you need to know about egg freezing in India, including the process, the cost and the risks involved.

Draft DPDP rules: Task cut out for banks as operational challenges loom

Draft DPDP rules: Task cut out for banks as operational challenges loom

Rediff.com9 Jan 2025

The draft digital personal data protection (DPDP) rules, which require banks to obtain explicit consent from their customers before using their data for purposes beyond the original intent, although is being followed in spirit, leaves no room for regulatory arbitrage, experts said. They said that the potential business impact is difficult to assess at this stage, but the formalisation of these rules will mean banks now need to establish clear data processing agreements with third-party entities to ensure compliance.

Consumer goods companies bank on festivals for urban demand revival

Consumer goods companies bank on festivals for urban demand revival

Rediff.com2 Aug 2025

Fast-moving consumer goods (FMCG) companies, retail firms, and producers of consumer durables are witnessing stable urban demand. However, people in the trade are waiting for clearer signs of revival closer to the festival season, starting in September.

Manu Bhaker Shares Her Winning Mindset!

Manu Bhaker Shares Her Winning Mindset!

Rediff.com13 Oct 2025

Manu Bhaker said she is banking on her ability to go the extra mile in training to achieve success in upcoming events, including World Championships and World Cup Finals.

Aviation ministry seeks FinMin help to boost aircraft leasing at GIFT City

Aviation ministry seeks FinMin help to boost aircraft leasing at GIFT City

Rediff.com23 Apr 2025

To enable Indian banks and financial institutions to develop an aircraft-leasing ecosystem at GIFT City, the Ministry of Civil Aviation has sought support from the Ministry of Finance. It has also raised concern over slow progress in developing aircraft leasing in India.

Pre-Budget meeting: Ficci seeks faster resolution of tax disputes

Pre-Budget meeting: Ficci seeks faster resolution of tax disputes

Rediff.com29 Oct 2025

The Federation of Indian Chambers of Commerce and Industry (Ficci) has sought urgent steps to clear the huge backlog of income-tax appeals, simplify tax deducted at source (TDS) compliance, and ensure tax neutrality for fast-track demergers, during its consultation with Revenue Secretary Arvind Shrivastava ahead of the Union Budget 2026-27.

India's GDP to grow 6.7-6.9% in FY26: Deloitte

India's GDP to grow 6.7-6.9% in FY26: Deloitte

Rediff.com23 Oct 2025

Deloitte India on Thursday projected India's economy to grow 6.7-6.9 per cent in the current fiscal amid buoyant demand and policy reforms. Indian economy grew 7.8 per cent in the April-June quarter of current fiscal.

What Is DMK's Plan To Counter Vijay?

What Is DMK's Plan To Counter Vijay?

Rediff.com18 Dec 2025

The DMK may consider a two-tier campaign, where they keep the focus on Chief Minister Stalin, as a senior statesman with 50-plus years of political experience, and let EPS and the BJP shout in the wilderness. In such a case, the second-tier may project Udhayanidhi as the contender and chosen obstructionist in Vijay's path. The attempt, if any, would be to reduce Vijay to Udhayanidhi's level when the former is aiming at Stalin and Stalin alone in the state's political horizon, predicts N Sathiya Moorthy.

How To Deal With Tax On ESOPs, HRA, LTCG

How To Deal With Tax On ESOPs, HRA, LTCG

Rediff.com21 Oct 2025

Ask rediffGURU and tax expert Mihir Tanna your income tax-related questions.

'Government Is The Source Of Our Data Leakages'

'Government Is The Source Of Our Data Leakages'

Rediff.com4 Dec 2025

'Instead of the government and telecom operators solving the mess of their own creation, they're telling us we need to give access to our phones perpetually.'

I Love Muhammad protests: Agitation planned on anti-CAA stir model

I Love Muhammad protests: Agitation planned on anti-CAA stir model

Rediff.com29 Sep 2025

Police on Monday detained a close associate of cleric and Ittehad-e-Millat Council chief Tauqeer Raza Khan in connection with the recent violence in Bareilly during a protest in support of the 'I Love Muhammad' campaign, officials said.

Delhi baba questioned in room where he raped students

Delhi baba questioned in room where he raped students

Rediff.com29 Sep 2025

Delhi Police on Monday questioned Chaitanyananda Saraswati in connection with allegations of sexual harassment of female students at Sri Sharda Institute of Indian Management.

Bumrah Vs Rabada: Battle Of Fire At Eden!

Bumrah Vs Rabada: Battle Of Fire At Eden!

Rediff.com14 Nov 2025

The series promises a fascinating duel between the two modern-day pace greats.

Will Deepa Thoon Controversy Damage Stalin's DMK?

Will Deepa Thoon Controversy Damage Stalin's DMK?

Rediff.com9 Dec 2025

The Deepa Thoon controversy, if not allowed to die a natural death, could take the election focus away from the anti-incumbency impacting the DMK and into the secular space. Stalin would love to have it that way, all over again, after the three past elections, points out N Sathiya Moorthy.

Next week's bank strike deferred

Next week's bank strike deferred

Rediff.com20 Jul 2012

The All-India Bank Employees Association on Friday said the proposed two-day national strike on July 25-26 has been deferred after a meeting with Indian Banks Association (IBA) and the labour commissioner in Mumbai.

After UPI and ULI, banks to set up Unified Recovery Interface

After UPI and ULI, banks to set up Unified Recovery Interface

Rediff.com9 Sep 2024

Eying benefits from digital banking, lenders are now looking at building Unified Recovery Interface (URI) for enhancing efficiency, reducing costs, and getting good prices for properties of defaulters. This would be managed by PSB Alliance Ltd, a company set up by all public sector banks in the country. M V Rao, chairman, Indian Banks' Association (IBA), said: "Till now we had Unified Payments Interface (UPI), a product developed by National Payments Corporation Ltd (NPCI).

'US Is An Important Market For Us'

'US Is An Important Market For Us'

Rediff.com5 Sep 2025

Businesses are testing new markets, tapping into domestic demand, and pushing the government for relief.

Team India Sponsorship: BCCI bars gaming, crypto firms

Team India Sponsorship: BCCI bars gaming, crypto firms

Rediff.com2 Sep 2025

The BCCI invited bids for the Indian cricket team's title sponsorship rights after fantasy sports giants Dream11's pullout.

Maratha Quota Stir: 'Business Is Affected'

Maratha Quota Stir: 'Business Is Affected'

Rediff.com2 Sep 2025

'All commercial and banking transactions happen in South Mumbai.'

'We want to usher in a new era in Indian banking'

'We want to usher in a new era in Indian banking'

Rediff.com24 Aug 2015

Bandhan Bank is the first bank to be launched in eastern India post Independence.

India needs 4-5 'SBI size' banks: Sitharaman

India needs 4-5 'SBI size' banks: Sitharaman

Rediff.com26 Sep 2021

Addressing the 74th Annual General Meeting of the Indian Banks' Association (IBA), she said the industry needs to imagine how Indian banking has to be in the immediate and long-term future. As far as the long-term future is concerned, she said it is going to be largely driven by digitised processes and there is a need for seamless and interconnected digital systems for a sustainable future for the Indian banking industry.

Sitharaman asks fintechs to strengthen risk management to check AI misuse

Sitharaman asks fintechs to strengthen risk management to check AI misuse

Rediff.com8 Oct 2025

Finance Minister Nirmala Sitharaman on Tuesday asked fintech firms to focus on risk management at a time when criminals are using AI to mimic voices, clone identities and create lifelike videos to manipulate people.

'Vijay Won't Fade Away From Tamil Nadu Politics'

'Vijay Won't Fade Away From Tamil Nadu Politics'

Rediff.com10 Oct 2025

'What is worrying other parties is those 10-11 year olds who come for his meetings will cross 18 in the next election. And they will vote for him, and then his vote bank will double.' 'In that case, he will be a very serious player! This is the real scare for other political parties.'

'Future policy actions tied to the growth-inflation dynamic'

'Future policy actions tied to the growth-inflation dynamic'

Rediff.com1 Sep 2025

'Given the lag in transmission, further softening of lending rates may happen in the coming months.'

Why NRIs are holding back on market bets

Why NRIs are holding back on market bets

Rediff.com23 Jul 2025

Non-resident Indians (NRIs) haven't gone big on the Indian stock market story despite the post-pandemic boom. While domestic participation through mutual funds (MFs) and dematerialised accounts has soared, NRI participation figures show limited signs of a similar rise.

Lessons For Start Ups From UPI Success Story

Lessons For Start Ups From UPI Success Story

Rediff.com14 Apr 2025

Isn't there something significant in the UPI example for all of us to learn from and execute to enable world-scale success for our startups?, asks Ajit Balakrishnan.