News for 'Indian Banks Association'

India Inc making workplace more inclusive for persons with disabilities

India Inc making workplace more inclusive for persons with disabilities

Rediff.com4 Dec 2023

As the world celebrated International Day of Persons with Disabilities (PwD) on December 3, corporate India has kept up with efforts to make workplaces more inclusive and accessible. Organisations across sectors are taking initiatives such as equipping offices with practical work tools like Braille-friendly and voice-enabled lifts and screen readers. While inclusion has gained pace, only 11.3 per cent (or 3.4 million out of 30 million) Indians with disabilities have jobs.

Challenges that Dinesh Khara, the new SBI chief faces

Challenges that Dinesh Khara, the new SBI chief faces

Rediff.com8 Sep 2020

Relations with the government, the bank's majority owner, are a tricky issue for all SBI chiefs, and, like all his predecessors, Khara will be closely watched for his equations with the finance ministry representative on the SBI board.

SBI is the most trusted bank but needs to shift gears for Gen-X

SBI is the most trusted bank but needs to shift gears for Gen-X

Rediff.com29 Dec 2014

SBI had a tough journey in the last 40 years.

'What's the tax implication of interest earned on 5-yr NSC income?'

'What's the tax implication of interest earned on 5-yr NSC income?'

Rediff.com18 Oct 2022

Mihir Tanna, Associate Director, S K Patodia & Associates, answers your tax queries.

PIX: India celebrates Festival of Lights

PIX: India celebrates Festival of Lights

Rediff.com12 Nov 2023

Despite the national capital recording its best air quality on Diwali day in eight years, pollution levels may rise due to low night temperatures and sporadic burning of firecrackers though there is a ban on their manufacture, storage, sale and use within the city.

No immersion of medals; wrestlers return from Haridwar

No immersion of medals; wrestlers return from Haridwar

Rediff.com30 May 2023

The protesting wrestlers refrained from immersing their medals in the river Ganges after being convinced by Khap and farmer leaders who sought five days to address their grievances.

US court sentences Indian to 3 years in jail for call centre fraud

US court sentences Indian to 3 years in jail for call centre fraud

Rediff.com18 Mar 2021

An Indian national from Gurgaon has been sentenced to three years in federal imprisonment on charges of call centre fraud that intended to cheat Americans of millions of dollars, a US attorney said.

Don't be amazed if colleges ask you to pursue career in banking

Don't be amazed if colleges ask you to pursue career in banking

Rediff.com13 Mar 2014

Post graduate colleges are aggressively tying up with banks to introduce banking courses.

Fixed deposits may not give you higher returns in future

Fixed deposits may not give you higher returns in future

Rediff.com1 Oct 2014

Slow credit off-take to put pressure on margins

'Not counting caste is as political an act as counting it'

'Not counting caste is as political an act as counting it'

Rediff.com31 Oct 2023

'The upper caste elite's belief that they are casteless is a belief that is available only to the upper castes. Because all the lower castes are reminded by society every day what their caste is.'

Indians rank 16th on leaked HSBC list

Indians rank 16th on leaked HSBC list

Rediff.com9 Feb 2015

Switzerland, UK, Venezuela, US and France are t

When President Wanted To Get Rid Of Rajiv Gandhi

When President Wanted To Get Rid Of Rajiv Gandhi

Rediff.com26 Jul 2023

Gianiji had crafted his moves with the meticulous planning of a chess grandmaster. He did not know whether a checkmate was feasible, as his time was running out, but he wanted Rajiv Gandhi to smell the fear of loss. A fascinating excerpt from K C Singh's The Indian President: An Insider's Account of the Zail Singh Years.

SBI says ATM ops in losses, supports idea charging customers

SBI says ATM ops in losses, supports idea charging customers

Rediff.com12 Jan 2014

Stating that its ATM operations are making losses, nation's largest bank SBI has said it is all for charging customers for transactions.

'El Nino impact an immediate concern to markets'

'El Nino impact an immediate concern to markets'

Rediff.com4 Jul 2023

'Geopolitical risks and their impact on oil prices, if any, are another concern for global markets, particularly for India.'

Ghosi bypoll in UP to see first INDIA vs BJP clash

Ghosi bypoll in UP to see first INDIA vs BJP clash

Rediff.com3 Sep 2023

The Congress and the Left parties have not only extended support to the Samajwadi Party candidate but are also campaigning for him, in accordance with the spirit of the new opposition togetherness ahead of next year's general election.

India Inc seeks funds for global acquisition

India Inc seeks funds for global acquisition

Rediff.com15 Oct 2008

Elaborating this, Swati Piramal, vice president, Assocham and director of drug major Nicholas Piramal said though big multinational pharmaceutical companies have adequate cash reserves to face the global crisis, small and medium scale research-driven pharmaceutical and biotech companies which are heavily dependent on external funds for survival, may find the going tough and this will open up acquisition opportunities for Indian companies.

Arrest of a Banker

Arrest of a Banker

Rediff.com3 Nov 2020

This is one of the many such cases that helped to create an acute fear psychosis among public sector bankers, reveals Tamal Bandyopadhyay in his fascinating new book Pandemonium: The Great Indian Banking Tragedy.

'Chandra has broad enough shoulders to head an Indian icon'

'Chandra has broad enough shoulders to head an Indian icon'

Rediff.com12 Jan 2017

His global experience, deep business acumen and long association with the Tata Group will prove invaluable in his new role: ICICI Bank MD and CEO Chanda Kochhar.

Jharkhand CM Hemant Soren slapped with fresh ED summons for Nov 17

Jharkhand CM Hemant Soren slapped with fresh ED summons for Nov 17

Rediff.com9 Nov 2022

The Enforcement Directorate has issued fresh summons to Jharkhand Chief Minister Hemant Soren to appear before it in Ranchi on November 17 for questioning in a money laundering case linked to alleged illegal mining in the state, official sources said Wednesday.

Share swaps kick off SBI merger

Share swaps kick off SBI merger

Rediff.com19 Aug 2016

All shares held by SBI in the five associate banks will stand cancelled after merger.

ITR: Don't Fail To Make Full Disclosures

ITR: Don't Fail To Make Full Disclosures

Rediff.com30 Dec 2021

Many salaried taxpayers hold the misconception that they don't need to disclose any other income since TDS is deducted from their salary.

FPIs renew interest in Indian bonds

FPIs renew interest in Indian bonds

Rediff.com7 Mar 2017

Dealers say foreign investors are now taking keen interest in lower-rated corporate bonds, too

Why SoftBank's Deep Nishar is bullish on Snapdeal

Why SoftBank's Deep Nishar is bullish on Snapdeal

Rediff.com16 Dec 2016

'Saying that Snapdeal is not doing well is beyond premature. Suggesting that someone has won or lost is myopic.'

BJP tops with Rs 1917-cr income in FY22, TMC second at Rs 546 cr: Report

BJP tops with Rs 1917-cr income in FY22, TMC second at Rs 546 cr: Report

Rediff.com1 Mar 2023

The BJP declared a total income of Rs 1917.12 crore during 2021-22 and spent Rs 854.467 crore or 44.57 per cent of it.

NPAs in Indian credit card business rises

NPAs in Indian credit card business rises

Rediff.com30 Apr 2009

The cost of acquiring new cardholders is quite low for domestic card issuers by international standards, but net credit losses are comparatively high, a study commissioned by the Indian Cards Council (ICC) revealed.

ED summons J'khand CM Hemant Soren in money laundering case

ED summons J'khand CM Hemant Soren in money laundering case

Rediff.com2 Nov 2022

The agency wants to question and record his statement under the Prevention of Money Laundering Act.

Shares of cos having Rakesh Jhunjhunwala's investments settle on mixed note

Shares of cos having Rakesh Jhunjhunwala's investments settle on mixed note

Rediff.com16 Aug 2022

Shares of companies having investments of late billionaire investor Rakesh Jhunjhunwala ended on a mixed note on Tuesday. The 62-year-old investor, who was known as the Big Bull and Warren Buffett of India for his investment acumen, passed away on Sunday. Jhunjhunwala had investments in more than three dozen companies, the most valuable being watch and jewellery maker Titan, part of the Tata group. Titan ended 0.88 pe cent higher at Rs 2,493.65.

ICICI's special offering for NRIs

ICICI's special offering for NRIs

Rediff.com22 Jul 2005

ICICI Bank on Friday tied up with Europe's financial powerhouse Fortis for offering asset and wealth management, estate planning and corporate services to Non-Resident Indians worldwide.

Banks in talks with temple trusts to push gold scheme

Banks in talks with temple trusts to push gold scheme

Rediff.com3 Dec 2015

Banks in talks with temple trusts to push gold scheme

SC verdict on coal blocks worries bankers

SC verdict on coal blocks worries bankers

Rediff.com26 Aug 2014

These numbers show overall exposure and are not a reflection that all loans are going to be impacted.

India's poverty rate lowest, says World Bank

India's poverty rate lowest, says World Bank

Rediff.com5 Oct 2015

In South Asia, the poverty would fall to 13.5 per cent in 2015.

Come and arrest me, Soren tells ED as agency rejects his plea on summons

Come and arrest me, Soren tells ED as agency rejects his plea on summons

Rediff.com15 Nov 2022

The Jharkhand Mukti Morcha leader had asked the ED to advance the date of appearance to November 16, which has not been agreed to by the agency, they said.

LNG Tankers Shortage Affects India's Fuel Supply

LNG Tankers Shortage Affects India's Fuel Supply

Rediff.com19 Oct 2022

Tightening Russian gas supplies to Europe has led to scramble for tankers before winter sets in.

Who is George Soros? The man who criticised Narendra Modi

Who is George Soros? The man who criticised Narendra Modi

Rediff.com17 Feb 2023

George Soros, who is in the eye of the storm over his remarks against Prime Minister Narendra Modi on the Adani issue, is an Hungarian-born American financier, philanthropist, and activist whose success as an investor made him one of the wealthiest men in the world. He is also known as a powerful and influential supporter of liberal social causes. In a speech at the Munich Security Conference on Thursday, the billionaire philanthropist said he believes the turmoil at Gautam Adani's business empire may weaken Prime Minister Narendra Modi's hold on the government, a statement which was strongly contested by the BJP as an attack on Indian democracy.

Brexit woes: Indian IT firms must innovate to survive

Brexit woes: Indian IT firms must innovate to survive

Rediff.com29 Aug 2016

The challenge for Indian software is clear. A good part of its bread and butter business - writing code and maintaining software systems - is being automated, reducing revenue streams and work for lower level employees

Rupee outperforms most EM peers as dollar surges to a 20-year high

Rupee outperforms most EM peers as dollar surges to a 20-year high

Rediff.com1 Sep 2022

If there was one event that made the month of August stand out, it was a strengthening of the dollar index to levels last seen only 20 years ago, as the Federal Reserve dispelled all doubts about its intention to continue raising interest rates. Predictably, most currencies suffered against the US unit, with the bulk of the losers belonging to the emerging markets pack. Amid the volatility, the rupee, however, has displayed significant resilience and fared much better than most of its peer currencies.

Time To Abolish Quotas?

Time To Abolish Quotas?

Rediff.com17 Jul 2023

Ultimately quotas kill talent and true meritocracy, argues R Jagannathan.

Service sector activity falls to 6-month low in Sep

Service sector activity falls to 6-month low in Sep

Rediff.com6 Oct 2022

The Indian services sector activity fell to a six-month low in September, as new business inflows rose at the slowest rates since March, amid inflationary pressures and competitive conditions, a monthly survey said. The seasonally adjusted S&P Global India Services PMI Business Activity Index fell to 54.3 in September, from 57.2 in August, highlighting the weakest rate of expansion since March. For the fourteenth straight month, the services sector witnessed an expansion in output. In Purchasing Managers' Index (PMI) parlance, a print above 50 means expansion, while a score below 50 denotes contraction.

Lenders asked to boost export credit

Lenders asked to boost export credit

Rediff.com12 Jul 2013

Banks want lower provisioning burden on recast debt, interest on cash reserve ratio deposits.

Why education loans can be a nightmare

Why education loans can be a nightmare

Rediff.com29 Aug 2018

If you default, it will affect your credit score and your career.