News for 'New Bank of India'

Amit Shah calls for unified ATS structure for police across India

Amit Shah calls for unified ATS structure for police across India

Rediff.com27 Dec 2025

Union Home Minister Amit Shah emphasizes the need for a unified anti-terrorism structure and a strong anti-terrorism grid across India to effectively counter terror attacks. He also announced a new plan to combat organized crime.

Day after Khalid bail order, SC says against long pretrial jail

Day after Khalid bail order, SC says against long pretrial jail

Rediff.com7 Jan 2026

The Supreme Court granted bail to Arvind Dham in a money laundering case, emphasizing that prolonged incarceration without trial violates the right to a speedy trial under Article 21 of the Constitution.

HCLTech counts on M&As to add 1.5% to revenue

HCLTech counts on M&As to add 1.5% to revenue

Rediff.com14 Jan 2026

HCLTech expects its recent large acquisitions to contribute about 1.5 per cent to revenue in 2026-27 (FY27), Chief Executive Officer and Managing Director C Vijayakumar said, as the company looks to build newer revenue streams in a subdued macroeconomic environment.

Celina Jaitley: 'My Entire World Was Snatched From Me'

Celina Jaitley: 'My Entire World Was Snatched From Me'

Rediff.com14 Jan 2026

'When I asked for an amicable separation, I was told that my professional background & achievements were irrelevant & was advised to take up work as a cleaner or in a supermarket in the small village where we lived in Austria, simply to retain the joint custody of my children.'

Forex reserves jump $1.69 bn to $688.94 bn

Forex reserves jump $1.69 bn to $688.94 bn

Rediff.com19 Dec 2025

India's forex reserves jumped by $1.689 billion to $688.949 billion during the week ended December 12, the Reserve Bank of India said on Friday.

India, Oman to ink free trade agreement during PM Narendra Modi visit

India, Oman to ink free trade agreement during PM Narendra Modi visit

Rediff.com13 Dec 2025

Next week's three-nation foreign tour of Prime Minister Narendra Modi will see India and Oman sign a free trade deal. The visit will also pave the way for agreements with Ethiopia and Jordan to increase India's bilateral trade and investments.

Trump's Huge Venezuela Gamble

Trump's Huge Venezuela Gamble

Rediff.com24 Jan 2026

I am inclined to believe that the Venezuela adventure is not an indication of American strength, alas, but rather of American weakness, points out Rajeev Srinivasan.

How To Say No To A Clingy, Married Woman

How To Say No To A Clingy, Married Woman

Rediff.com19 Jan 2026

Let her know that you are in a happy marriage and you are not comfortable with her behaviour, advises rediffGURU Ravi Mittal.

Sensex, Nifty tank nearly 1%

Sensex, Nifty tank nearly 1%

Rediff.com9 Jan 2026

From the 30-Sensex firms, NTPC, ICICI Bank, Adani Ports, Bharti Airtel, Sun Pharma and Bajaj Finance were among the biggest laggards. However, Asian Paints, HCL Tech, Bharat Electronics and Reliance Industries were among the gainers.

Taj Mahal To Dal Lake: North India's Winter Fog

Taj Mahal To Dal Lake: North India's Winter Fog

Rediff.com18 Dec 2025

Dense winter fog and smog have gripped several Indian cities, from Agra's Taj Mahal to the streets of New Delhi, Srinagar, Lucknow, and beyond. These chilling visuals capture how residents, commuters, and tourists are coping with poor visibility and biting cold. From washermen on the Gomti riverbank to Shikara rides in Dal Lake, the photographs highlight the impact of extreme weather on daily life across northern India.

Recent RBI policies to help banks stay at equilibrium: Kamath

Recent RBI policies to help banks stay at equilibrium: Kamath

Rediff.com17 Oct 2025

The recent policies that have been announced by the Reserve Bank of India (RBI) will allow banks to fully use its capital, funding profile to keep business at an equilibrium level, which otherwise was getting skewed towards retail, said K V Kamath, chairman, Jio Financial Services.

Hungry IPOs Carve A Heft Slice Of Mutual Funds

Hungry IPOs Carve A Heft Slice Of Mutual Funds

Rediff.com22 Dec 2025

In November, six primary market issuances accounted for more than 13,000 crore of net equity investments by MFs.

Bank customers can opt for up to four nominees from Nov 1

Bank customers can opt for up to four nominees from Nov 1

Rediff.com23 Oct 2025

Beginning next month, a bank customer can opt for up to four nominees in her or his account with a view to ensure uniformity, and efficiency in claim settlement across the banking system. The key provisions relating to Nomination under the Banking Laws (Amendment) Act, 2025 will come into effect from November 1, 2025, a finance ministry statement said on Thursday.

RBI to infuse Rs 3 trn liquidity via OMOs, buy-sell swap after rupee defence

RBI to infuse Rs 3 trn liquidity via OMOs, buy-sell swap after rupee defence

Rediff.com24 Dec 2025

The Reserve Bank of India (RBI) on Tuesday announced a fresh round of liquidity measures through open-market operations (OMOs) and a foreign exchange buy-sell swap, under which it will inject close to Rs 3 trillion into the banking system. The central bank said it would purchase Government of India securities worth Rs 2 trillion through OMOs, spread across four tranches of Rs 50,000 crore each to be conducted on December 29, January 5, January 12 and January 22.

SFIO questions IndusInd execs on accounting discrepancies

SFIO questions IndusInd execs on accounting discrepancies

Rediff.com20 Dec 2025

Private-sector lender IndusInd Bank had said the Serious Fraud Investigation Office (SFIO) interacted with its officials this week and would send a written communication seeking specific details related to the accounting discrepancies identified at the bank.

Sagarmala Finance expecting at least Rs 2K cr equity infusion from govt: MD

Sagarmala Finance expecting at least Rs 2K cr equity infusion from govt: MD

Rediff.com6 Jan 2026

India's first maritime lender, state-owned Sagarmala Finance Corporation Ltd (SMFCL) hit the ground running with a Rs 4,300 crore disbursement announcement last Tuesday, within months of being registered as a non-banking financial company (NBFC) in June 2025.

WPL auction: UP Warriorz break the bank for Deepti!

WPL auction: UP Warriorz break the bank for Deepti!

Rediff.com27 Nov 2025

The seasoned duo of Meg Lanning and Sophie Devine were also among the marquee picks. Giants bought Devine for Rs 2 crore, while UP Warriorz landed Lanning for Rs 1.90 crore.

Commission structure in life insurance sector may change

Commission structure in life insurance sector may change

Rediff.com8 Jan 2026

The committee formed under the Life Insurance Council to review the commission structure in the life insurance sector has recommended capping distributor commissions or deferring them to ease acquisition costs. The recommendations will be sent to the insurance regulator -- Insurance Regulatory and Development Authority of India (Irdai).

Blackstone to invest Rs 6,200 crore for 9.99% stake in Federal Bank

Blackstone to invest Rs 6,200 crore for 9.99% stake in Federal Bank

Rediff.com25 Oct 2025

Private-sector lender Federal Bank on Friday announced that New York-based Blackstone will invest Rs 6,196.51 crore in the bank through its affiliate Asia II Topco XIII Pte Ltd via a preferential issue on a private placement basis.

Hand over Sabarimala gold case to neutral agency: Amit Shah to Kerala CM

Hand over Sabarimala gold case to neutral agency: Amit Shah to Kerala CM

Rediff.com11 Jan 2026

Union Home Minister Amit Shah criticizes Kerala's ruling Left government over the Sabarimala gold loss case, demanding a neutral investigation and accusing the government of protecting the real culprits. He also signals the start of the BJP's campaign for the upcoming Assembly elections.

Man poses as 'Justice Chandrachud', dupes woman of Rs 3.7 crore

Man poses as 'Justice Chandrachud', dupes woman of Rs 3.7 crore

Rediff.com29 Dec 2025

A man was arrested in Gujarat for allegedly receiving a significant portion of Rs 3.71 crore siphoned off from a Mumbai woman in a 'digital arrest' scam. The cybercriminals impersonated law enforcement and court officials, staging a fake online hearing to deceive the victim.

Rupee to grapple incessant volatility in 2026; US trade pact may not be silver bullet

Rupee to grapple incessant volatility in 2026; US trade pact may not be silver bullet

Rediff.com31 Dec 2025

The Indian rupee, swaying through multiple headwinds, tiding over global trade disruptions and massive foreign fund outlfows, is unlikely to arrest its descent until tariff impact overhangs, notwithstanding robust domestic macroeconomic tailwinds. The Reserve Bank of India (RBI), which sees the rupee's depreciation as a silver bullet to offset the tariff shock, expects the currency to find its stable course once India reaches a trade deal with its largest trading partner, the US.

Russia agrees to boost joint defence manufacturing in India

Russia agrees to boost joint defence manufacturing in India

Rediff.com6 Dec 2025

India and Russia have agreed to encourage joint manufacturing of military hardware and spare parts in India, aiming to improve maintenance of Russian-origin defence equipment and boost overall bilateral defence cooperation.

Private banks' mcap fell in Jul-Sep: S&P

Private banks' mcap fell in Jul-Sep: S&P

Rediff.com7 Oct 2025

Private sector banks slipped in market capitalisation (mcap) during the July-September quarter, underperforming their government-owned peers as trade uncertainties dragged market sentiment, said S&P Global Market Intelligence. According to its analysis, HDFC Bank shed 4.8 per cent in mcap during the third quarter, while ICICI Bank's dropped 6.7 per cent.

Smallcap Index Faces Worst Year Since 2018

Smallcap Index Faces Worst Year Since 2018

Rediff.com31 Dec 2025

Over 50 per cent, or 660 stocks, from the BSE 1000 index recorded negative returns during CY25.

NPCI sets up unit to scale up digital infra beyond payments

NPCI sets up unit to scale up digital infra beyond payments

Rediff.com5 Jan 2026

Moving beyond digital payments, the National Payments Corporation of India (NPCI), the operator of Unified Payments Interface, is planning to add more muscle to the country's digital infrastructure by setting up a fourth subsidiary, NPCI Tech Solutions Ltd (NTSL).

HDFC pips TCS as India's most-valued brand

HDFC pips TCS as India's most-valued brand

Rediff.com20 Nov 2025

Financial services giant HDFC Bank, carrying a brand value of $44.9 billion, has surged past IT consulting behemoth Tata Consultancy Services (TCS) to reclaim its crown as the country's most valued brand, according to the 2025 Kantar BrandZ Most Valuable Indian Brands report.

RBI clears Paytm arm PPSL as payment aggregator

RBI clears Paytm arm PPSL as payment aggregator

Rediff.com18 Dec 2025

Fintech firm One97 Communications on Thursday said its subsidiary Paytm Payments Services Limited (PPSL), has received authorisation from the Reserve Bank of India to operate as a Payment Aggregator for physical (offline) payments and cross-border transactions.

FPIs purchase Rs 7,524 crore of debt, highest single day in 7 months

FPIs purchase Rs 7,524 crore of debt, highest single day in 7 months

Rediff.com3 Jan 2026

The first day of the year 2026 was positive for the debt market with foreign investors buying a net domestic debt of Rs 7,524 crore, the highest single-day inflow since May 29 last year.

In An AI-Obsessed World, India's Craft May Redefine 'Made In India'

In An AI-Obsessed World, India's Craft May Redefine 'Made In India'

Rediff.com2 Dec 2025

What is currently perceived as a massive, low-tech liability could become a high-value, export-oriented economic engine, points out Ajit Balakrishnan.

IPO Market Shows No Sign Of Slowing

IPO Market Shows No Sign Of Slowing

Rediff.com2 Jan 2026

'The first time India has seen two consecutive blockbuster IPO years.'

Q3FY26 results preview: IT companies' growth likely to remain muted

Q3FY26 results preview: IT companies' growth likely to remain muted

Rediff.com12 Jan 2026

With discretionary spending still under pressure, the information technology (IT) services industry continued to face an uncertain demand environment in the third quarter of 2025-26 (Q3FY26).

Why There's A Music Revolution

Why There's A Music Revolution

Rediff.com3 Jan 2026

With the music industry pushing for growth in the paid subscription segment, Universal Music India anticipates that the Indian market will mature, potentially becoming a highly impactful paid market for music over the next five years.

Sensex ends in red; ITC is biggest drag

Sensex ends in red; ITC is biggest drag

Rediff.com1 Jan 2026

From the 30-Sensex firms, ITC tanked 9.69 per cent, following Bajaj Finance, Asian Paints, Bharat Electronics and ICICI Bank. In contrast, NTPC, Eternal, Mahindra & Mahindra, Larsen & Toubro and Power Grid were among the gainers.

Bank of India tags RCom, Anil Ambani as frauds

Bank of India tags RCom, Anil Ambani as frauds

Rediff.com24 Aug 2025

After the State Bank of India, Bank of India has classified the loan account of insolvent Reliance Communications as fraudulent and named its former director, tycoon Anil Ambani, citing alleged fund diversion in 2016, according to a regulatory filing. State-owned Bank of India granted a Rs 700 crore loan in August 2016 to Reliance Communications for its ongoing capital and operational expenditure and repayment of existing liabilities.

Sensex drops 120 pts on foreign fund outflows

Sensex drops 120 pts on foreign fund outflows

Rediff.com17 Dec 2025

Among Sensex firms, Trent, HDFC Bank, Adani Ports, ICICI Bank, Bajaj Finserv, Bharat Electronics, Titan and Asian Paints were the major laggards. However, State Bank of India, Infosys, Axis Bank and Maruti were among the gainers.

CJI lays foundation for new court complex amid lawyers' protest in Assam

CJI lays foundation for new court complex amid lawyers' protest in Assam

Rediff.com11 Jan 2026

Chief Justice of India lays the foundation for an Integrated Judicial Court Complex in Assam's Kamrup district, facing protests from the Gauhati High Court Bar Association (GHCBA) over the relocation of the High Court.

8 States Most Visited By Domestic Tourists

8 States Most Visited By Domestic Tourists

Rediff.com5 Jan 2026

These 8 states emerged as the country's most-travelled destinations for local Indian visitors, according to Ministry Of Tourism's most recent statistics which are from 2024.

Hydel power project on Chenab: Pak senator cries foul

Hydel power project on Chenab: Pak senator cries foul

Rediff.com29 Dec 2025

A Pakistani senator has warned that India's approval of a hydel power project on the Chenab River will further inflame tensions between the two countries, particularly in light of the suspended Indus Waters Treaty.

'GCCs Have Evolved To Strategic Innovation Hubs'

'GCCs Have Evolved To Strategic Innovation Hubs'

Rediff.com6 Jan 2026

'Solutions developed in India are being commercialised and offered globally because we're executing at scale, creating new markets and revenue streams.'