News for 'Indian Banks Association'

Gadkari Threat Case: Two Get 5 Years Rigorous Imprisonment

Gadkari Threat Case: Two Get 5 Years Rigorous Imprisonment

Rediff.com15 May 2026

A special court in Nagpur sentenced two men to five years of rigorous imprisonment for allegedly making threat calls to Union minister Nitin Gadkari in 2023 from a jail in Karnataka.

Trio Nabbed for Routing 1.5 Crore in Cyber Fraud Scheme

Trio Nabbed for Routing 1.5 Crore in Cyber Fraud Scheme

Rediff.com14 Apr 2026

Delhi Police have arrested three men for allegedly operating a mule account syndicate that routed over 1.5 crore of cyber fraud proceeds through layered transactions.

'Vote Jehad', 'Muslim League', What Next?

'Vote Jehad', 'Muslim League', What Next?

Rediff.com18 May 2026

The only thing that might make the BJP stop trying to isolate Muslims completely will be if substantial numbers of the community vote for the party that flaunts its animosity towards it, notes Jyoti Punwani.

Privatisation of banks unlikely to hurt national interest: FM

Privatisation of banks unlikely to hurt national interest: FM

Rediff.com4 Nov 2025

Finance Minister Nirmala Sitharaman on Tuesday allayed apprehension that privatisation of state-owned banks would hurt financial inclusion and national interest. She said the bank nationalisation done in 1969 has not yielded the desired result as far as financial inclusion was concerned.

CBI cracks NEET paper leak with arrest of 'source' professor in Pune

CBI cracks NEET paper leak with arrest of 'source' professor in Pune

Rediff.com15 May 2026

The CBI claims to have cracked the NEET paper leak case with the arrest of a Pune-based professor, identified as the source of the leak. The professor allegedly exploited his position to leak the paper to students in exchange for money.

Rs 85 Lakh Seized, Six Detained At Indo-Nepal Border

Rs 85 Lakh Seized, Six Detained At Indo-Nepal Border

Rediff.com23 Apr 2026

A joint team of police and SSB seized over Rs 85 lakh in Indian and Nepalese currency and detained six persons along the Indo-Nepal border in Bahraich district.

Delhi Police Uncover Rs 3.6 Crore Cyber Fraud Operation

Delhi Police Uncover Rs 3.6 Crore Cyber Fraud Operation

Rediff.com9 Apr 2026

Delhi Police have arrested two men for allegedly running a cyber fraud racket involving over Rs 3.60 crore. The accused used mule bank accounts and a social media application to defraud victims. The investigation revealed links to an international cyber fraud network and training in Cambodia.

More Indian banks in US likely

More Indian banks in US likely

Rediff.com21 Oct 2004

A three-member delegation of the Indian Banks' Association met senior executives of the US Federal Reserve and New York Banking Department to explore the prospects for increased presence of Indian banks in the United States.

NEET paper leak: CBI arrests 5; TN CM Vijay calls for abolishing test

NEET paper leak: CBI arrests 5; TN CM Vijay calls for abolishing test

Rediff.com14 May 2026

The CBI has arrested five individuals and conducted searches across India in connection with the NEET UG paper leak case. Protests have intensified, and calls for the Education Minister's resignation have grown louder. Political parties are trading blame, and the Supreme Court is considering a plea for an overhaul of the National Testing Agency.

RBI Eyes Zero-Fraud Payments

RBI Eyes Zero-Fraud Payments

Rediff.com10 Jan 2026

The amount involved in banking system frauds surged to Rs 21,515 crore in the first half of FY26, up 30 per cent from the same period last year, even as the number of frauds fell 2.8 times to 5,092.

Vijay Must Demonstrate His Government Doesn't Engage In Theft

Vijay Must Demonstrate His Government Doesn't Engage In Theft

Rediff.com27 May 2026

If TVK MLAs and ministers are perceived as clean, or demonstrably cleaner than their predecessors, the credibility dividend will be enormous. The voter will feel rewarded, points out Ramesh Menon.

10 Famous Maa Temples

10 Famous Maa Temples

Rediff.com11 May 2026

We journey to 10 famous Maa temples, each devoted to a different form of Devi or the female force...

India needs world-class banks; in talks with RBI, lenders: Sitharaman

India needs world-class banks; in talks with RBI, lenders: Sitharaman

Rediff.com6 Nov 2025

Finance Minister Nirmala Sitharaman on Thursday said the country needs big and world-class banks, and discussions are on with the Reserve Bank and lenders in this regard.

How Delhi Police Busted a Rs 300 Crore Cyber Fraud Syndicate

How Delhi Police Busted a Rs 300 Crore Cyber Fraud Syndicate

Rediff.com5 Apr 2026

Delhi Police have dismantled a major international cyber fraud syndicate, arresting the alleged mastermind and 10 others. The syndicate is linked to over 2,000 complaints and scams worth over Rs 300 crore, with connections to international cyber fraud operations in Cambodia.

Hawala Probe Launched Against AAP Candidate In Gujarat

Hawala Probe Launched Against AAP Candidate In Gujarat

Rediff.com22 Apr 2026

Police in Gujarat's Panchmahal district are investigating an Aam Aadmi Party candidate and two party workers for alleged hawala transactions involving over Rs 50 lakh ahead of local body polls.

Bank unions defer 2-day nationwide strike

Bank unions defer 2-day nationwide strike

Rediff.com21 Mar 2025

Bank unions on Friday deferred their two-day nationwide strike beginning Monday after they received positive assurance from both the finance ministry and the IBA on their demands, including a five-day work week and adequate recruitment in all cadres. The strike call for March 24 and 25 was given by United Forum of Bank Unions (UFBU), an umbrella organisation of nine bank employees' association.

Why is it necessary for a Commodity trader to track metal prices daily?

Why is it necessary for a Commodity trader to track metal prices daily?

Rediff.com21 Apr 2026

Commodity markets, especially the metals, are among the most volatile segments of the Indian financial ecosystem. To traders involved in commodity trading, it is not only helpful to keep track of the daily price changes but also necessary to make informed trading decisions. Commodities like gold, silver, copper, and aluminium react to many different factors, which makes it imperative for commodity traders to watch out for metal prices every day.

Banks to be on 2-day strike in March

Banks to be on 2-day strike in March

Rediff.com14 Mar 2025

The United Forum of Bank Unions (UFBU) on Thursday said its two-day nationwide strike on March 24 and 25 will be observed as scheduled since discussions with the Indian Banks' Association (IBA) over key demands failed to yield any positive outcome. In a meeting with the IBA, all UFBU constituents raised issues, including recruitment in all cadres and a five-day workweek.

Pawan Ruia Arrested in Multi-Crore Cryptocurrency Money Laundering Case

Pawan Ruia Arrested in Multi-Crore Cryptocurrency Money Laundering Case

Rediff.com31 Mar 2026

Industrialist Pawan Ruia has been arrested by the West Bengal Police in connection with a multi-crore fraud case involving shell companies and cryptocurrency-based money laundering.

Crude above $100 will push inflation beyond 6%, trigger rate hikes: HSBC

Crude above $100 will push inflation beyond 6%, trigger rate hikes: HSBC

Rediff.com3 Apr 2026

A foreign brokerage warns that sustained crude oil prices above USD 100 per barrel could push India's inflation above the RBI's tolerance level, potentially triggering interest rate hikes.

Volkswagen bets big on India, targets 5% market share

Volkswagen bets big on India, targets 5% market share

Rediff.com21 Apr 2026

koda Auto Volkswagen India aims to capture a 5 per cent share of India's passenger vehicle market by 2030, driven by new product launches, including alternate fuel vehicles, and a potential entry into the high-volume sub-4 metre SUV segment.

Lessons that opposition party needs to learn after Bengal elections

Lessons that opposition party needs to learn after Bengal elections

Rediff.com5 May 2026

What lessons opposition parties need to learn post defeat of Mamata Banerjee in West Bengal elections? The election saw spectacular victor of BJP which rose from 3 seats in 2016 to 206 seats in 2026 assembly elections.

Nationwide terror module busted; toy car IED plot foiled

Nationwide terror module busted; toy car IED plot foiled

Rediff.com18 Apr 2026

Delhi Police have arrested four men from Maharashtra, Odisha, and Bihar for allegedly planning terror activities and attempting to recruit others online. An IED and related materials were seized during the operation.

Delhi Court Remands I-PAC Co-founder to ED Custody in Money Laundering Case

Delhi Court Remands I-PAC Co-founder to ED Custody in Money Laundering Case

Rediff.com14 Apr 2026

A Delhi court has remanded I-PAC co-founder Vinesh Chandel to the Enforcement Directorate's custody for 10 days in connection with a money laundering case involving alleged diversion of funds worth crores of rupees.

IPL 2026 Preview: Blockbuster on cards as Rajasthan Royals face-off against RCB

IPL 2026 Preview: Blockbuster on cards as Rajasthan Royals face-off against RCB

Rediff.com10 Apr 2026

Rajasthan Royals and Royal Challengers Bengaluru, both in good form, are set to clash in an IPL match. Rajasthan's explosive batting and Bengaluru's rejuvenated bowling are key factors.

Shirtless protest at AI Summit: Two more arrested, funds under lens

Shirtless protest at AI Summit: Two more arrested, funds under lens

Rediff.com27 Feb 2026

Delhi Police have arrested two more Indian Youth Congress workers in connection with a 'shirtless' protest at the AI Summit, bringing the total arrests to 14. Authorities are investigating the financial trail behind the protest, suspecting funds meant for Bihar Assembly elections may have been diverted.

Dhurandhar And The Politics Of Storytelling

Dhurandhar And The Politics Of Storytelling

Rediff.com14 Apr 2026

The Dhurandhar movies will undoubtedly shape the minds of the audience much more than news reports, court investigations, books and documentaries. But it is worth remembering that Pakistan's irridentist claims against India's national security have succeeded due to strategic planning, diplomacy, and the unsung heroines and heroes across government agencies, not due to a single maverick leader, points out Shweta Desai.But it is worth to remember that Pakistan's irredentist claims against India's national security have succeeded due to strategic planning, diplomacy, and the unsung heroines and heroes across government agencies -- not a single maverick, points out Shweta Desai.

Indian banking sector to be 3rd largest by 2025

Indian banking sector to be 3rd largest by 2025

Rediff.com23 Aug 2011

The Indian banking sector is poised to become the world's third largest in asset size over the next 14 years.

How fish has become a political storm in Bengal elections

How fish has become a political storm in Bengal elections

Rediff.com3 Apr 2026

In West Bengal's assembly elections, fish has become a potent symbol of Bengali identity, with the Trinamool Congress and BJP clashing over food habits and cultural representation.

CBI Arrests Key Accused in Massive Gain Bitcoin Scam

CBI Arrests Key Accused in Massive Gain Bitcoin Scam

Rediff.com11 Mar 2026

The Central Bureau of Investigation (CBI) has arrested Ayush Varshney, co-founder of Darwin Labs, in connection with the 200 million Gain Bitcoin cryptocurrency scam. Varshney was apprehended while attempting to flee the country.

Shaheed Diwas 2026: PM Modi Leads Tribute to Bhagat Singh, Rajguru and Sukhdev

Shaheed Diwas 2026: PM Modi Leads Tribute to Bhagat Singh, Rajguru and Sukhdev

Rediff.com23 Mar 2026

Shaheed Diwas 2026: India observes Martyrs' Day on March 23, marking 95 years since Bhagat Singh, Rajguru and Sukhdev were hanged by the British in 1931. PM Modi leads tributes. History, significance, quotes and how the nation is remembering the martyrs today.

IPL 2026 Preview: Tragedy, Redemption and Kohli-Rohit Spotlight

IPL 2026 Preview: Tragedy, Redemption and Kohli-Rohit Spotlight

Rediff.com27 Mar 2026

A preview of the 2026 IPL season, highlighting the challenges faced by defending champions Royal Challengers Bengaluru, the redemption quests of legacy teams, the relevance of veteran players, and the emergence of future stars.

My Mother, Asha Bhosle

My Mother, Asha Bhosle

Rediff.com13 Apr 2026

Asha Bhosle's only daughter Varsha Bhosle, who died in 2012, had penned this beautiful ode to her mother.

'No Fuel Shortage, Only Panic'

'No Fuel Shortage, Only Panic'

Rediff.com28 Mar 2026

'There is no shortage of fuel whatsoever.' 'India is stock surplus as far as petrol and diesel are concerned.'

India Cracks Down on Illegal Online Gambling, Blocking 300 Websites and Apps

India Cracks Down on Illegal Online Gambling, Blocking 300 Websites and Apps

Rediff.com20 Mar 2026

The Indian government has blocked 300 websites and applications involved in illegal gambling and betting activities, including online sports betting platforms, online casinos, and satta/matka networks, as part of its efforts to create a safe and responsible online gaming ecosystem.

India Launches Indoor Athletics with National Championship in Bhubaneswar

India Launches Indoor Athletics with National Championship in Bhubaneswar

Rediff.com23 Mar 2026

India is set to host its first-ever National Indoor Athletics Championship in Bhubaneswar, marking a significant step towards hosting the World Indoor Athletics Championships in 2028. The event will feature a 200m track and various field events, providing a novel experience for Indian athletes.

Indian banks plan rival to Visa, MasterCard

Indian banks plan rival to Visa, MasterCard

Rediff.com17 Apr 2007

Banks are considering setting up a domestic card payment settlement company, called India Pay, that would rival global payment systems Visa and MasterCard.

Why Are Banks Striking On March 24-25?

Why Are Banks Striking On March 24-25?

Rediff.com7 Feb 2025

Bank employees want a five day work week.

IPL 2026: Samson, Young Guns Drive CSK's Rebuild

IPL 2026: Samson, Young Guns Drive CSK's Rebuild

Rediff.com30 Mar 2026

Chennai Super Kings head into IPL 2026 with a young squad, new signings like Sanju Samson and a focus on rebuilding as Mahendra Singh Dhoni's era nears its final chapter.

Govt moves to shield trade as Iran war chokes sea routes

Govt moves to shield trade as Iran war chokes sea routes

Rediff.com5 Mar 2026

With the Iran war escalating sharply and crisis deepening in the global energy market, India on Monday unveiled a coordinated plan to support exporters and shippers caught in the fallout.