News for 'Indian Banks Association'

Neeraj to spearhead 22-member Indian team at World Athletics

Neeraj to spearhead 22-member Indian team at World Athletics

Rediff.com1 Jul 2022

Jeswin Aldrin, who had already qualified for the championships, however missed the cut.

Two-day all India strike from Monday may hit essential services

Two-day all India strike from Monday may hit essential services

Rediff.com27 Mar 2022

The strike notices were given by workers' unions of various sectors such as coal, steel, oil, telecom, postal, income tax, copper, banks and insurance.

How dollar window is closing for India Inc's debt

How dollar window is closing for India Inc's debt

Rediff.com30 Apr 2014

RBI has put restrictions on credit facilities banks can extend to foreign arms of local companies.

Swiss banks' proposal not good enough

Swiss banks' proposal not good enough

Rediff.com29 Sep 2009

The Swiss banks' proposal to levy a withholding tax on the income generated from assets of Indian nationals and held in Swiss banks, is not worth treating seriously.

SC asks Centre to place on record Kamath report on interest waiver

SC asks Centre to place on record Kamath report on interest waiver

Rediff.com5 Oct 2020

The Supreme Court asked the Centre and the RBI on Monday to place on record the K V Kamath committee recommendations on debt restructuring in view of Covid-19 related stress on various sectors as well as the notifications and circulars issued so far on loan moratorium.

Deed done, now to make mega bank merger work

Deed done, now to make mega bank merger work

Rediff.com18 Sep 2019

'We can't have the best of both worlds -- large, efficient, world class government-owned banks, doing social banking and making profits. 'Why not set them free from the shackles of such obligations and run them as business units?' says Tamal Bandyopadhyay.

FIR against PMC Bank brass puts loss at Rs 4,355 cr

FIR against PMC Bank brass puts loss at Rs 4,355 cr

Rediff.com1 Oct 2019

Police FIR reveals the bank had replaced 44 loan accounts of HDIL with 21,049 fictitious loan accounts. These 21,049 were actually not created in the core banking solution of the bank, but were mere entities in the advances master indent submitted to RBI for conducting its inspection for the year ended March 2018.

World Bank bets on growth post notes ban

World Bank bets on growth post notes ban

Rediff.com11 Jan 2017

'We expect growth to increase in 2017, after this brief period associated with the change in notes.'

To become developed nation by 2047, India needs stronger army: Rajnath

To become developed nation by 2047, India needs stronger army: Rajnath

Rediff.com1 Oct 2023

Describing the DAD as the "guardian of defence finance", he emphasised the need to bolster the internal vigilance mechanism so that any suspicious activity can be detected and reviewed immediately.

Want To Invest in Gold? Read This

Want To Invest in Gold? Read This

Rediff.com28 Oct 2023

'Gold prices thrive on volatility and more so when the stock markets trend downward.'

'BJP Has 6,000 Crores To Spend On Elections'

'BJP Has 6,000 Crores To Spend On Elections'

Rediff.com19 Apr 2024

'Not even a single rupee from the electoral bonds should be allowed to be used in the election.' 'If it is used in the election, it will taint India's electoral process itself.'

Gold May Touch Rs 62,000 In 2023

Gold May Touch Rs 62,000 In 2023

Rediff.com10 Jan 2023

In 2022, gold emerged as the top performer among all conventional asset classes with over 14 per cent returns mainly owing to the depreciation of the rupee.

Combined revenue of listed Tata group's firms tops Rs 10 trillion

Combined revenue of listed Tata group's firms tops Rs 10 trillion

Rediff.com29 May 2023

Led by Tata Motors and Tata Consultancy Services (TCS), the combined revenue of the Tata group's listed firms crossed the Rs 10-trillion mark for the first time, in 2022-23. The group's 14 key listed companies in which Tata Sons holds a direct equity stake reported a combined revenue of Rs 10.07 trillion in FY23, up 15.3 per cent from Rs 8.73 trillion in FY22. The combined net profit of these companies was, however, down 10.6 per cent year-on-year (YoY) at Rs 66,670 crore in FY23, from a record high of Rs 74,540 crore in the previous financial year, when the profit had jumped 156 per cent YoY, aided by Tata Steel's strong showing.

Vivo PMLA case: Delhi court sends four accused to 3-day ED custody

Vivo PMLA case: Delhi court sends four accused to 3-day ED custody

Rediff.com10 Oct 2023

The Enforcement Directorate has arrested four persons including the MD of the Lava International mobile company and a Chinese national as part of its ongoing money-laundering probe against Chinese smartphone-maker Vivo, official sources said on Tuesday. They identified the four as Hari Om Rai, the MD of Lava International company, Chinese national Guangwen Kyang, chartered accountant Nitin Garg and a person called Rajan Malik. They have been taken into custody under the provisions of the Prevention of Money Laundering Act (PMLA).

Government is playing poker with banks

Government is playing poker with banks

Rediff.com28 Jun 2018

'By not letting bankrupt banks fail, we have discouraged ordinary folk from taking precautions while choosing their bank or at least when they hear bad news about their bank,'says S Muralidharan, former MD, BNP Paribas.

'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.'

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.

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.

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.

Not Filed Your ITR Yet?! Read This Now!

Not Filed Your ITR Yet?! Read This Now!

Rediff.com7 Aug 2023

Missing the deadline for filing Income Tax returns can lead to consequences.

'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?'

India-US joint statement puts trade at heart of enhanced ties

India-US joint statement puts trade at heart of enhanced ties

Rediff.com23 Jun 2023

India and the US on Thursday said they are looking forward to the reconvening of the India-US Trade Policy Forum later this year to further enhance trade relationship and identify new areas for engagement.

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.

'Hum Hindustani hai': Hizbul terrorist's brother hoists Tricolour in Kashmir

'Hum Hindustani hai': Hizbul terrorist's brother hoists Tricolour in Kashmir

Rediff.com14 Aug 2023

Javed Mattoo, an active terrorist who is said to be based in Pakistan.

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.

Wayanad May Not Be A Breeze For Rahul

Wayanad May Not Be A Breeze For Rahul

Rediff.com16 Apr 2024

Wayanad will continue to support Rahul but not to the same extent as in 2019, when his margin of victory had been enormous. Articulate, to the point and speaking in fluent Malayalam, CPI's Annie Raja, had the people who gathered to see her, listening in rapt attention, notes Shyam G Menon.

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.

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.

'General Zia was real startled'

'General Zia was real startled'

Rediff.com21 Mar 2024

'But he was very quick and did a very stylish adab.' 'Of course, I didn't expect him to hug.'

The Battle For Satellite Spectrum

The Battle For Satellite Spectrum

Rediff.com27 Dec 2023

While the market for satellite broadband currently is small, the potential is large as an estimated 30 per cent of the country does not have reliable terrestrial broadband services.

Working on target to become $5-10 trillion economy: Modi

Working on target to become $5-10 trillion economy: Modi

Rediff.com17 Dec 2023

The government has also set targets for the next 25 years. We are working on the target of becoming a $5-10 trillion economy as well as taking exports to a record high, he 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.

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.

Sentiment turns stronger for steel stocks

Sentiment turns stronger for steel stocks

Rediff.com9 Sep 2023

Industrial metals (ferrous and non-ferrous) suffered great volatility once the Ukraine War began in February 2022. First, there was a sharp price rise due to fears of supply disruption, followed by weak global demand. China's weakness and rolling lockdowns have hit production and demand.

'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.

Haryana woman who harboured Amritpal, aide nabbed

Haryana woman who harboured Amritpal, aide nabbed

Rediff.com23 Mar 2023

Haryana Police have arrested a woman who allegedly harboured Amritpal Singh and his associate Papalpreet Singh at her home in Kurukshetra district, an indication that the pro-Khalistan preacher might have fled Punjab.

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".

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.

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.

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.