News for 'New Bank'

IDFC First Bank Simplifies Customs Duty Payments Digitally

IDFC First Bank Simplifies Customs Duty Payments Digitally

Rediff.com18 Apr 2026

IDFC First Bank has integrated with ICEGATE 2.0 to enable digital payment of customs duty, central excise, and service tax for its customers.

'Only one Shiv Sena exists': Shah's dig at Uddhav

'Only one Shiv Sena exists': Shah's dig at Uddhav

Rediff.com20 Jun 2026

Union Home Minister Amit Shah criticised Shiv Sena (UBT) chief Uddhav Thackeray, accusing him of aligning with Congress to use infiltrators as a vote bank. Shah asserted that India is not a "dharmashala" and vowed to expel all infiltrators. He also commented on the impending split within the Sena (UBT), stating that Eknath Shinde now leads the only true Shiv Sena.

India's FY27 growth may slow to 6.6%: S&PGlobal

India's FY27 growth may slow to 6.6%: S&PGlobal

Rediff.com25 Jun 2026

S&P Global Ratings projects India's economic growth to slow to 6.6 per cent in FY27, down from 7.7 per cent in FY26, citing energy stress and a potential sub-par monsoon.

OYO parent Prism files updated IPO papers for Rs 6,650-cr fresh issue; no OFS

OYO parent Prism files updated IPO papers for Rs 6,650-cr fresh issue; no OFS

Rediff.com30 Jun 2026

Prism, the parent company of OYO, has filed updated draft papers with Sebi for a Rs 6,650 crore initial public offering (IPO) consisting entirely of a fresh issue of shares, with no offer-for-sale component from existing investors.

Centre Mandates Periodic Renewal Of Fertility Clinics Registration

Centre Mandates Periodic Renewal Of Fertility Clinics Registration

Rediff.com25 Jun 2026

The move is to strengthen oversight, improve compliance, and boost patient confidence.

Maharashtra students who haven't updated Aadhaar IDs won't lose benefits: Minister

Maharashtra students who haven't updated Aadhaar IDs won't lose benefits: Minister

Rediff.com2 Jul 2026

Maharashtra School Education Minister Dada Bhuse stated that despite 5.5 lakh students having non-updated Aadhaar IDs, no student is being deprived of government scheme benefits or facing educational hurdles. He clarified that the government is actively conducting special camps and has issued instructions to ensure continuous access to education and benefits while the update drive is underway.

Stock markets today: Sensex, Nifty jump as IT stocks lead rally

Stock markets today: Sensex, Nifty jump as IT stocks lead rally

Rediff.com3 Jul 2026

Indian benchmark indices Sensex and Nifty surged in early trade, driven by a rally in IT stocks and tempered expectations of US Federal Reserve monetary tightening following softer-than-expected US jobs data. Track Sensex, Nifty on July 3.

Power bank catches fire in IndiGo plane at Chandigarh airport; all evacuated

Power bank catches fire in IndiGo plane at Chandigarh airport; all evacuated

Rediff.com5 May 2026

An IndiGo flight was evacuated at Chandigarh airport after a passenger's power bank caught fire. All passengers and crew were safely evacuated, and no major injuries were reported.

Stock Markets Today: Sensex, Nifty Gain As Crude Prices Fall, Buying In Blue-chips

Stock Markets Today: Sensex, Nifty Gain As Crude Prices Fall, Buying In Blue-chips

Rediff.com22 Jun 2026

Indian stock market benchmark indices Sensex and Nifty rebounded in early trade, driven by a decline in crude oil prices, supportive global cues, fresh foreign fund inflows, and buying in blue-chips like Reliance Industries and HDFC Bank. Track Sensex, Nifty movement on June 22, 2026.

Ram Temple Donation Theft: 'Every Effort Was Made To Bury This'

Ram Temple Donation Theft: 'Every Effort Was Made To Bury This'

Rediff.com9 Jul 2026

'But two things worked against them: People kept coming forward, and -- crucially -- these were not outsiders.'

Sensex, Nifty drop over 1% as global cues, FII outflows trigger market tailspin

Sensex, Nifty drop over 1% as global cues, FII outflows trigger market tailspin

Rediff.com23 Jun 2026

Indian benchmark indices, Sensex and Nifty, experienced a significant drop of over 1 per cent, driven by a bearish trend in global markets, weakness in HDFC Bank and IT firms, and fresh foreign fund outflows.

How DIIs, MFs are providing crucial stability to Indian markets

How DIIs, MFs are providing crucial stability to Indian markets

Rediff.com4 Jul 2026

Domestic institutional investors (DIIs), driven by the popularity of mutual funds, have emerged as significant stabilising forces for Indian capital markets amidst global volatility and foreign portfolio investment (FPI) outflows, according to Sebi whole-time member Amarjeet Singh.

Stock Markets Today: Sensex, Nifty down on geopolitical tensions

Stock Markets Today: Sensex, Nifty down on geopolitical tensions

Rediff.com30 Jun 2026

Indian benchmark indices, Sensex and Nifty, experienced a decline in early trade due to uncertainty surrounding the upcoming US-Iran negotiations in Doha. Foreign fund outflows and a dip in major IT stocks further contributed to the market's cautious sentiment, despite mixed performance in global markets.

Fresh blow to Mamata: TMC's Rs 675-cr war chest becomes new battleground

Fresh blow to Mamata: TMC's Rs 675-cr war chest becomes new battleground

Rediff.com18 Jun 2026

The internecine war within the Trinamool Congress took a new turn on Thursday with "party treasurer" Aroop Biswas writing to a bank seeking restrictions on the operation of the party's accounts, citing uncertainty over its legitimate leadership amid rebellions by MLAs and MPs.

Haryana Sacks Official Over Rs 590 Crore Bank Fraud

Haryana Sacks Official Over Rs 590 Crore Bank Fraud

Rediff.com25 Apr 2026

The Haryana government has dismissed an official from the Development and Panchayat Department in connection with a Rs 590 crore fraud case involving IDFC First Bank. The decision follows a detailed investigation that revealed a criminal conspiracy and substantial evidence against the official.

HLPP Vs Term Plan: Which Is Better?

HLPP Vs Term Plan: Which Is Better?

Rediff.com1 Jul 2026

An Home Loan Protection Plan repays the outstanding loan if the borrower dies or suffers a covered disability.

Banks On Alert As AI Model Threatens Data Security

Banks On Alert As AI Model Threatens Data Security

Rediff.com23 Apr 2026

Finance Minister Nirmala Sitharaman met with bank heads to discuss risks related to Artificial Intelligence (AI) following global concerns over Anthropic's Mythos model threatening data security of financial systems.

'Why Should We Be Okay With 6.5% Growth Rate?'

'Why Should We Be Okay With 6.5% Growth Rate?'

Rediff.com2 Jul 2026

'Why not aspire for 8 or 9 or even 10 per cent?'

Why Is RBI Buying Billions Of Dollars?

Why Is RBI Buying Billions Of Dollars?

Rediff.com19 Jun 2026

The rupee has been among the The RBI uses the Iran-US peace deal to bolster its forex reserves.

Ram Temple Trust declines financial disclosure amid SIT probe

Ram Temple Trust declines financial disclosure amid SIT probe

Rediff.com25 Jun 2026

The Ram Janmabhoomi Teerth Kshetra Trust secretary, Champat Rai, has declined to provide financial details, including income, expenditure, and donations, citing an ongoing Special Investigation Team (SIT) probe. This decision follows a complaint to the Prime Minister's Office by BJP leader Rajneesh Singh, seeking transparency on the utilisation of funds for the Ram temple project.

Ex-PM IK Gujral's son Naresh duped of Rs 7.8 cr in cyber scam

Ex-PM IK Gujral's son Naresh duped of Rs 7.8 cr in cyber scam

Rediff.com18 Jun 2026

Former Rajya Sabha MP Naresh Gujral was allegedly duped of Rs 7.8 crore after cyber fraudsters impersonated him on a messaging app and tricked his company's chief financial officer into transferring funds to multiple bank accounts, the police said on Thursday.

Stock markets today: Sensex, Nifty surge as Brent crude drops below $73

Stock markets today: Sensex, Nifty surge as Brent crude drops below $73

Rediff.com25 Jun 2026

Indian benchmark indices Sensex and Nifty rallied in early trade, driven by a significant decline in Brent crude oil prices, which fell below the USD 73 per barrel level, and positive trends observed across most Asian equities.

FPIs pulled out Rs 49,340 crore from Indian equities in June

FPIs pulled out Rs 49,340 crore from Indian equities in June

Rediff.com3 Jul 2026

Foreign Portfolio Investors (FPIs) withdrew Rs 49,340 crore (USD 5.16 billion) from Indian equities in June, driven by global risk aversion, a preference for developed markets, soaring US bond yields, and stretched domestic valuations, bringing total withdrawals to Rs 2.7 lakh crore so far in 2026.

Stock Markets End in Green Buoyed by Falling Oil Prices and Positive Global Cues

Stock Markets End in Green Buoyed by Falling Oil Prices and Positive Global Cues

Rediff.com25 Jun 2026

Indian benchmark stock indices, Sensex and Nifty, advanced for the second consecutive day, driven by softening crude oil prices and a positive trend in global markets. Despite some profit-taking in IT and metal shares, auto stocks outperformed, contributing to the overall gains.

Odisha tribal man carries sister's skeleton to bank to withdraw Rs 19,300

Odisha tribal man carries sister's skeleton to bank to withdraw Rs 19,300

Rediff.com28 Apr 2026

A tribal man in Odisha's Keonjhar district brought the skeleton of his dead sister to a bank to withdraw money deposited in her name after bank officials insisted on the account holder's presence.

Ex-Bank Correspondent Arrested For Rs 27 Lakh Fraud In Odisha

Ex-Bank Correspondent Arrested For Rs 27 Lakh Fraud In Odisha

Rediff.com26 Apr 2026

Odisha Police have arrested a former banking correspondent for allegedly misappropriating around Rs 27 lakh of depositors' money in Jajpur district.

Delhi Hotel Receptionist Held For Stealing Guest's Phone, Rs 1.1 Lakh Fraud

Delhi Hotel Receptionist Held For Stealing Guest's Phone, Rs 1.1 Lakh Fraud

Rediff.com12 Jun 2026

A 20-year-old hotel receptionist in Delhi has been arrested for allegedly stealing a guest's mobile phone and fraudulently transferring Rs 1.10 lakh from his bank account using IMPS transactions. Police have recovered the stolen phone and frozen a significant portion of the stolen amount.

Gujarat Police Uncovers Rs 310 Crore Cyber Fraud Racket

Gujarat Police Uncovers Rs 310 Crore Cyber Fraud Racket

Rediff.com14 Jun 2026

Gujarat's Gir Somnath police have busted a massive cyber fraud racket involving over Rs 310 crore in suspicious transactions through mule bank accounts, arresting five individuals. This operation, part of the state-wide "Operation Mule Hunt 2.0," is considered the district's largest cybercrime case to date, aiming to recover victims' money and curb illegal account rentals.

'Economy May Take 2 To 3 Months To Return To Normal'

'Economy May Take 2 To 3 Months To Return To Normal'

Rediff.com8 Jul 2026

'The real shock is going to be from a deficient monsoon.'

Rs 7.31 Crore Gold Fraud Uncovered At Canara Bank Branch

Rs 7.31 Crore Gold Fraud Uncovered At Canara Bank Branch

Rediff.com26 Apr 2026

A significant fraud involving the theft of gold ornaments and their replacement with fake jewellery has been discovered at a Canara Bank branch in Jalna district, Maharashtra. The alleged fraud amounts to Rs 7.31 crore.

ALL You Want To Know About Maharashtra's SIR!

ALL You Want To Know About Maharashtra's SIR!

Rediff.com8 Jul 2026

'The final electoral roll will be published on October 7, 2026.' 'If someone who is otherwise eligible does not find his/her name in that electoral roll, they can fill Form 6 along with other necessary documents to enrol his/her name in the electoral roll after the final publication of the electoral roll also.'

Stock markets today: Sensex, Nifty opened in red, then recovered

Stock markets today: Sensex, Nifty opened in red, then recovered

Rediff.com29 Jun 2026

Market benchmark indices Sensex and Nifty drifted lower in early trade on Monday amid renewed hostilities between the US and Iran. The 30-share BSE Sensex declined 63.65 points to 77,047.63 during initial trading. The 50-share NSE Nifty went marginally up by 16.55 points to 24,070.20. Later, the BSE benchmark dropped 246.54 points to 76,853.93, and the Nifty dipped 50.55 points to 24,005.45. Track Sensex, Nifty on June 29.

Indian Banks Discuss AI Security Risks After Global Concerns

Indian Banks Discuss AI Security Risks After Global Concerns

Rediff.com23 Apr 2026

Finance Minister Nirmala Sitharaman met with bank heads to discuss the risks associated with Artificial Intelligence (AI) following global concerns about Anthropic's Mythos model and its potential threat to financial systems' data security.

Mohan Yadav's Family Land Deals Raise Conflict Of Interest Questions

Mohan Yadav's Family Land Deals Raise Conflict Of Interest Questions

Rediff.com23 Jun 2026

Madhya Pradesh Chief Minister Mohan Yadav's family is under scrutiny after an Indian Express newspaper report revealed their extensive land purchases in Ujjain, particularly in areas benefiting from state infrastructure projects, raising questions of propriety and conflict of interest.

Khamenei Funeral Signals Shift In India-Iran Relations

Khamenei Funeral Signals Shift In India-Iran Relations

Rediff.com6 Jul 2026

It is an unusual choice to depute a retired general for the funeral of a revered religious figure but a thoughtful one in an attempt to inject verve into the bilateral relationship and restore the equilibrium in India's West Asian policies, notes Ambassador M K Bhadrakumar.

How a Kerala medical tourism firm orchestrated an organ trafficking racket

How a Kerala medical tourism firm orchestrated an organ trafficking racket

Rediff.com21 Jun 2026

The Enforcement Directorate has uncovered a sophisticated organ trafficking racket in Kerala, operating under the guise of a medical tourism company. The network exploited financially distressed donors, forging documents and facilitating illegal transplant procedures at major hospitals, leading to arrests and freezing of assets.

Kerala Police And RBI Launch Reelathon To Combat Cyber Fraud

Kerala Police And RBI Launch Reelathon To Combat Cyber Fraud

Rediff.com15 Jun 2026

Kerala Police chief Ravada Chandrasekhar highlighted cyber fraud as a serious social challenge, particularly targeting youth, during the inauguration of 'RBI Reelathon 2026'. This multi-phase awareness campaign by the Reserve Bank of India aims to engage college students in combating cyber financial frauds through creative content creation and timely reporting.

How Meerut Police Uncovered A Major Cyber Fraud Operation

How Meerut Police Uncovered A Major Cyber Fraud Operation

Rediff.com14 Jun 2026

Police in Meerut have arrested two individuals for allegedly running a fake Common Service Centre (CSC) to open fraudulent bank accounts using forged documents of unsuspecting, needy people. The accused used these accounts for online financial frauds, leading to the recovery of numerous fake IDs, bank cards, and other incriminating evidence.

Anil Ambani Aide In CBI Custody Over Rs 9,280 Crore Fraud

Anil Ambani Aide In CBI Custody Over Rs 9,280 Crore Fraud

Rediff.com10 Jun 2026

Amitabh Jhunjhunwala, former Managing Director of the Anil Dhirubhai Ambani Group, has been remanded in CBI custody in an alleged bank fraud case involving Reliance Commercial Finance Limited (RCFL) worth Rs 9,280 crore. The CBI alleges misappropriation of loan funds and violations of RBI guidelines, while Jhunjhunwala's lawyers claim he is a scapegoat.

Why Modi Wants To Curb NGOs Funding

Why Modi Wants To Curb NGOs Funding

Rediff.com4 Jul 2026

Larger NGOs could no longer work with smaller ones, especially those organisations working on the ground that had no means of or expertise in raising money themselves, reveals Aakar Patel.