News for 'International Bank Account Number'

Adobe hacked, 2.9 million accounts compromised

Adobe hacked, 2.9 million accounts compromised

Rediff.com4 Oct 2013

In a blogpost, Adobe said its security team discovered sophisticated attacks on its network, involving the illegal access to customer information as well as source code for numerous Adobe products.

IRFC, NBCC, SJVN, BHEL: PSU stocks are on fire; analysts see more headroom

IRFC, NBCC, SJVN, BHEL: PSU stocks are on fire; analysts see more headroom

Rediff.com15 Feb 2024

Stocks of public sector undertakings (PSUs) have been on fire in the past year as investors cheered an improvement in key operating metrics and embraced counters of these state-owned enterprises, analysts suggest. The S&P BSE PSU Index has gained over 90 per cent in the past year, rising much higher than the S&P BSE Sensex, which has rose nearly 19 per cent during this period, according to ACE Equity data. The BSE PSU Index, reports show, has delivered a compound annual growth rate (CAGR) of 28 per cent (including dividends reinvestments) over five years and risen by almost 60 per cent in the past year.

What Budget has in store for regional rural banks

What Budget has in store for regional rural banks

Rediff.com27 Jan 2021

RRBs were formed under an Act to provide credit to small farmers, agricultural labourers and businesses in rural areas.

Big opportunity for banks as online shopping booms

Big opportunity for banks as online shopping booms

Rediff.com7 Nov 2014

It's not e-retailers alone. Bankers are also celebrating initiatives like 'Big Billion Day Sale' this festive season.

HSBC admits Swiss bank failings over client taxes

HSBC admits Swiss bank failings over client taxes

Rediff.com9 Feb 2015

HSBC's Swiss bank routinely allowed clients to withdraw "bricks" of cash

Want to protect your bank deposits? Here's how

Want to protect your bank deposits? Here's how

Rediff.com6 Jul 2015

Your money is protected by the Deposit Insurance and Credit Guarantee Corporation.

Passengers on dunki flight to Nicaragua paid Rs 60-80 lakh

Passengers on dunki flight to Nicaragua paid Rs 60-80 lakh

Rediff.com2 Jan 2024

More than 60 people from Gujarat on board the Nicaragua-bound plane, which was sent back from France over suspected human trafficking, had agreed to pay Rs 60 lakh to Rs 80 lakh to immigration agents, who promised to cross into the US illegally after reaching the Latin American country, officials said.

Crude realisation: Oil's slick grip threatens corporate margins, profits

Crude realisation: Oil's slick grip threatens corporate margins, profits

Rediff.com19 Apr 2024

Corporate margins and profits in India remain vulnerable to changes in crude oil prices in the international market. Historical quarterly data from listed companies (excluding banks, finance and insurance, oil and gas, and power sectors) indicate an adverse correlation between corporate margins and crude oil prices.

PFI involved in 'disturbing' India's secular fabric: Officials

PFI involved in 'disturbing' India's secular fabric: Officials

Rediff.com28 Sep 2022

The PFI is alleged to have been continuously involved in anti-government propaganda and spreading the narrative that Muslims were being persecuted in India.

Blackmoney: I-T dept files 121 cases against HSBC account holders

Blackmoney: I-T dept files 121 cases against HSBC account holders

Rediff.com30 Apr 2015

The I-T department has been probing 240 HSBC cases where it is suspected that Indians have stashed their illicit funds abroad.

Economic surveys: A case of hits and misses on GDP numbers

Economic surveys: A case of hits and misses on GDP numbers

Rediff.com5 Feb 2021

Of the seven surveys presented under Modi govt, predictions of three were quite close to the actual GDP growth rate, one saw the base year change in between, but the last three were way off the mark.

DeMo@1: Banks happy as digital activity picks up

DeMo@1: Banks happy as digital activity picks up

Rediff.com8 Nov 2017

While digitisation and automation have made internal processes more efficient, front-end products are being enhanced digitally through robotics, artificial intelligence and botchats.

MORE banking reforms coming soon!

MORE banking reforms coming soon!

Rediff.com6 Nov 2017

Some measures announced in Indradhanush -- a 7-point Modi plan to revamp State-owned banks but not completed -- may be taken up again.

Pune 'hacker' arrest: Just the tip of the iceberg?

Pune 'hacker' arrest: Just the tip of the iceberg?

Rediff.com25 Jan 2014

Corporates, realtors, and even IPL fixing -- the tentacles of the hacking network, whose alleged member was nabbed by a agencies of India, US, Romania and China on Friday, run broader than anticipated, reports Vicky Nanjappa.

Modi's fight against black money gets a fillip

Modi's fight against black money gets a fillip

Rediff.com9 Oct 2020

India has got the second set of Swiss bank account details of its nationals and entities under the automatic exchange of information pact with Switzerland, marking a key milestone in the government's fight against black money allegedly stashed abroad.

The IPO scam that changed India's primary market

The IPO scam that changed India's primary market

Rediff.com2 Aug 2016

Eleven years on, while 80% of scam-hit investors have been fully compensated, more than 50% of the sum is yet to be distributed.

New norm for RuPay credit card use on UPI

New norm for RuPay credit card use on UPI

Rediff.com5 Oct 2022

There will be no charge for RuPay credit card use on Unified Payments Interface (UPI) for transactions up to Rs 2,000 in line with the RBI direction, a recent NPCI circular said. RuPay credit card has been operational for the last four years, and all major banks are enabled and are issuing incremental cards for both commercial and retail segments. "During credit card on-boarding on the apps, the device binding and UPI PIN setting process shall include and be construed as customer consent for credit card enablement for all types of transactions," the circular dated October 4 said.

NZ says business as usual despite tour cancellation report

NZ says business as usual despite tour cancellation report

Rediff.com4 Oct 2016

New Zealand are preparing for the third test against India as scheduled despite a local media report that the remainder of the tour has been cancelled by the Indian cricket board due to financial problems. The Indian Express newspaper quoted an unnamed official from the Board of Control for Cricket in India (BCCI) as saying the board's bank accounts had been frozen after a recommendation by the Lodha Committee, a court-appointed panel set up to look into its operations.

'For India, Sheikh Hasina is a reliable partner'

'For India, Sheikh Hasina is a reliable partner'

Rediff.com8 Jan 2024

'She delivers on promises, especially on security issues which is a core concern for India.'

Is Raghuram Rajan Right Or Wrong?

Is Raghuram Rajan Right Or Wrong?

Rediff.com17 Mar 2023

'We should look at is full year's growth rather than quarter numbers.'

RBI Norms Don't Tackle Illegal Apps Menace

RBI Norms Don't Tackle Illegal Apps Menace

Rediff.com11 Oct 2022

Of the 2,562 customer complaints received between January 2020 and March 2021, a majority relate to illegal apps. At least two dozen suicide cases have been reported, perpetrated by the harassment by loan app operators, points out Tamal Bandyopadhyay.

'The first priority is to ensure seamless customer service without any disruption'

'The first priority is to ensure seamless customer service without any disruption'

Rediff.com17 Jul 2023

'We created war rooms -- from an IT perspective and also a customer war room -- to address any challenges that come up.'

Jan Dhan Yojana: Many questions remain

Jan Dhan Yojana: Many questions remain

Rediff.com30 Aug 2014

Against National Democratic Alliance's 75 million target, United Progressive Alliance added 61 million in 2013-14.

China is yet again ahead of India -- now in retail banking

China is yet again ahead of India -- now in retail banking

Rediff.com28 Mar 2018

With a loan book of $268 billion, India's retail banking is now ahead of Russia, Malaysia and Mexico but behind China, Brazil and Thailand

'It was not just an operation against NewsClick'

'It was not just an operation against NewsClick'

Rediff.com10 Oct 2023

The entire operation was meant to have a chilling effect on independent journalists, those not completely subservient to the regime, the small section still doing what the Fourth Estate should do -- raising questions to those in power.

Blinken meets Arab leaders, says US against ceasefire in Gaza

Blinken meets Arab leaders, says US against ceasefire in Gaza

Rediff.com5 Nov 2023

United States Secretary of State Antony Blinken reiterated his country's stance against an immediate ceasefire in Gaza during his meetings with key Middle Eastern leaders on Saturday, CNN reported.

Can India, China Embrace Each Other On Economic Front?

Can India, China Embrace Each Other On Economic Front?

Rediff.com12 Oct 2023

An improvement in political relations, anchored in a restoration of peace and tranquillity at the border, could open up opportunities for expanded economic and commercial relations between them, suggests former foreign secretary Ambassador Shyam Saran.

Dazed by demonetisation twists? Read the new FAQ

Dazed by demonetisation twists? Read the new FAQ

Rediff.com28 Dec 2016

The official twists and turns have raised questions on the government's credibility and its ability to pull the nation out of the demonetisation quagmire. To keep up with the new rules, the government has issued an updated FAQ on demonetisation.

How to save yourself from financial frauds, online and offline

How to save yourself from financial frauds, online and offline

Rediff.com20 Sep 2021

India recorded 50,035 cases of cyber crime in 2020, an 11.8 per cent surge in such offences over the previous year, according to the National Crime Records Bureau (NCRB) data. The Reserve Bank of India (RBI) last week once again cautioned bank customers of fraud, including those in Know-Your-Customer (KYC) cases. In fact, certain frauds have become more prevalent than others, and being aware of them is the first step towards protect yourself. Mayur Joshi, chief executive officer, Indiaforensic.com, a company engaged in the prevention, detection, and investigation of frauds says, "It is necessary to learn, to read about these scams."

Amit Shah announces judicial probe, peace panel to resolve Manipur crisis

Amit Shah announces judicial probe, peace panel to resolve Manipur crisis

Rediff.com1 Jun 2023

"Dialogue is the only solution to the ongoing crisis in Manipur," Shah said.

New framework to deal with banks' toxic assets soon

New framework to deal with banks' toxic assets soon

Rediff.com20 Apr 2017

While they have restructured loans, there is still question mark over the success of such a work-out

Same old story? How banks ignored alerts

Same old story? How banks ignored alerts

Rediff.com16 Feb 2018

Despite the rating agency CARE withdrawing the ratings assigned to the bank facilities of FIPL "with immediate effect" following the receipt of a no-objection certificate (NOC) from the banks, Modi's company received uninterrupted letters of undertaking (LoUs) from PNB, which were honoured by other banks until a few weeks ago.

The Crisis at India's public sector banks

The Crisis at India's public sector banks

Rediff.com26 Feb 2018

The banking sector's credibility is on thin ice. Unless the government takes strict steps, things could get worse.

India-Japan Trade: The Abe Effect

India-Japan Trade: The Abe Effect

Rediff.com21 Jul 2022

During Abe's tenure, Japan had announced support for a number of major projects. These included the bullet train project between Mumbai and Ahmedabad, besides allocations for a freight corridor between Mumbai and New Delhi.

IT to prosecute 300 account holders in black money list

IT to prosecute 300 account holders in black money list

Rediff.com29 Oct 2014

The Income Tax department is likely to initiate prosecution against close to 300 people whose names have been submitted to the Supreme Court on Wednesday in connection with the probe into alleged black money accounts in HSBC bank in Geneva.

HC allows journalist Rana Ayyub to travel abroad, questions look-out circular

HC allows journalist Rana Ayyub to travel abroad, questions look-out circular

Rediff.com4 Apr 2022

The Delhi high court on Monday allowed journalist Rana Ayyub to travel abroad while questioning the Enforcement Directorate over a Look Out Circular (LOC) issued against her barring her from travelling abroad.

Sensex climbs over 379 points; Nifty above 17,800

Sensex climbs over 379 points; Nifty above 17,800

Rediff.com16 Aug 2022

Benchmark BSE Sensex rose by over 379 points on Tuesday as gains in oil & gas, banking and auto shares helped the barometer continue winning run for the third straight session. The 30-share BSE benchmark index advanced 379.43 points or 0.64 per cent to settle at 59,842.21. During the day, it jumped 460.25 points or 0.77 per cent to 59,923.03. The broader NSE Nifty climbed 127.10 points or 0.72 per cent to 17,825.25 as 42 of its constituents advanced.

How to fix India's flawed banking system

How to fix India's flawed banking system

Rediff.com26 Feb 2018

What was the RBI doing, what was the PNB top management doing, what were the auditors doing, asks Debashis Basu.

India 'deeply regrets' statements of Turkey, Malaysia on Kashmir

India 'deeply regrets' statements of Turkey, Malaysia on Kashmir

Rediff.com4 Oct 2019

External Affairs Ministry Spokesperson Raveesh Kumar said India has friendly ties with both the countries.

Why RBI wants govt to dilute stake in banks

Why RBI wants govt to dilute stake in banks

Rediff.com1 Apr 2014

The RBI wants to enforce more transparency in public sector banks. Manojit Saha The Apex bank wants the government t oreduce stakes in PSUs.