News for 'New Data Rules Force Banks'

RBI's New Data Rules Force Banks, NBFCs to Rework Fintech Partnerships

RBI's New Data Rules Force Banks, NBFCs to Rework Fintech Partnerships

Rediff.com27 Aug 2026

Indian banks and non-banking financial companies (NBFCs) are undertaking a comprehensive review and reset of their engagement terms with fintech firms, driven by the Reserve Bank of India's (RBI) draft Guidance on Regulatory Expectations for Data Governance and the stringent compliance requirements of the Digital Personal Data Protection (DPDP) Act, 2023, and its 2025 Rules.

Modi announces overhaul of civil defence in Independence Day address

Modi announces overhaul of civil defence in Independence Day address

Rediff.com15 Aug 2026

Prime Minister Narendra Modi has announced plans to modernise India's civil defence volunteer force, stating that the existing system, designed for conventional wars, is inadequate against contemporary threats targeting critical infrastructure like refineries, banks, and data centres.

ED quizzes TMC MP Abhishek for over 11 hours in school jobs scam case

ED quizzes TMC MP Abhishek for over 11 hours in school jobs scam case

Rediff.com16 Jun 2026

Trinamool Congress national general secretary Abhishek Banerjee is undergoing interrogation by the Enforcement Directorate in connection with the alleged primary school recruitment scam. The ED is focusing on the money trail, financial documents, and statements from other accused, following a prior questioning session by the state CID on a separate forgery case.

RBI's New Rules: BIG Changes From April 1 for OTP, Cards, Online Payments

RBI's New Rules: BIG Changes From April 1 for OTP, Cards, Online Payments

Rediff.com1 Apr 2026

From April 1, 2026, the Reserve Bank of India's new authentication directions modernise how every digital payment you make must be verified -- and place the burden of security squarely on your bank, not on you.

Stock Markets Today: Sensex, Nifty50 Down on Strait of Hormuz Tensions, Weak Rupee

Stock Markets Today: Sensex, Nifty50 Down on Strait of Hormuz Tensions, Weak Rupee

Rediff.com5 May 2026

Indian equities on Dalal Street saw volatility as global market trends and weak rupee impacted investor sentiment. Track Sensex, Nifty50 movement and key market drivers for May 5, 2026.

BMC results: Congress reduced to marginal force

BMC results: Congress reduced to marginal force

Rediff.com16 Jan 2026

The Congress party experienced a significant decline in the Brihanmumbai Municipal Corporation (BMC) elections, winning a mere 15 seats out of 227. Analysts attribute the poor performance to strategic missteps, infighting, and a failure to connect with voters amidst linguistic and religious polarization.

'Government Is The Source Of Our Data Leakages'

'Government Is The Source Of Our Data Leakages'

Rediff.com4 Dec 2025

'Instead of the government and telecom operators solving the mess of their own creation, they're telling us we need to give access to our phones perpetually.'

Violence fails to dent massive turnout in Bengal Phase 1; BJP, TMC claim edge

Violence fails to dent massive turnout in Bengal Phase 1; BJP, TMC claim edge

Rediff.com24 Apr 2026

The first phase of the West Bengal assembly elections was disrupted by EVM glitches and overnight violence in several districts. Polling was halted or delayed at multiple booths due to malfunctioning Electronic Voting Machines. Incidents of violence were reported in Murshidabad and Cooch Behar, with political parties trading accusations.

NSE-listed companies increase CSR spending by 23% to Rs 22,212 crore in FY25

NSE-listed companies increase CSR spending by 23% to Rs 22,212 crore in FY25

Rediff.com21 Apr 2026

Companies listed on the National Stock Exchange (NSE) main board increased their Corporate Social Responsibility (CSR) expenditure by 23 per cent year-on-year to Rs 22,212 crore in 2024-25 (FY25), driven by a significant jump in average net profits, according to a PRIME Database Group report.

Will Vijay Be Tamil Nadu's Showstopper?

Will Vijay Be Tamil Nadu's Showstopper?

Rediff.com21 Apr 2026

Whether he comes to power or not, both his admirers and opponents agree on one thing -- Vijay may well turn out to be the 'X factor'.

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.

Abhishek Banerjee Accuses BJP of Political Games, Challenges Amit Shah to Public Debate

Abhishek Banerjee Accuses BJP of Political Games, Challenges Amit Shah to Public Debate

Rediff.com8 Mar 2026

TMC leader Abhishek Banerjee challenges Amit Shah to a debate on governance, accusing the BJP of political manipulation and misrepresenting West Bengal's financial situation. He also criticised the BJP's record on women's safety and alleged the Centre was withholding funds from West Bengal.

West Bengal Polls: Mamata Banerjee Can't Underestimate BJP

West Bengal Polls: Mamata Banerjee Can't Underestimate BJP

Rediff.com18 Apr 2026

This election is different. It is no longer simply about governance or welfare. It is about identity, fear, and who belongs. The BJP has successfully shifted the terms of the debate from what the government has delivered to who the real Bengali is and who is an outsider, points out Ramesh Menon.

Distress address, outright lies: Oppn tears into Modi's address

Distress address, outright lies: Oppn tears into Modi's address

Rediff.com19 Apr 2026

Opposition leaders have criticised Prime Minister Narendra Modi's address to the nation, calling it politically motivated and a misuse of official platforms during ongoing elections.

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.

Does The US Plan To Continue This War For 'One Or Two Years'?

Does The US Plan To Continue This War For 'One Or Two Years'?

Rediff.com30 Mar 2026

This weekend, Donald Trump has begun to say the quiet part out loud -- that he wants to take control of Iran's oil, a formulation more in line with his robber-baron style of international relations.

Will Trump Send Troops To Iran By The Weekend?

Will Trump Send Troops To Iran By The Weekend?

Rediff.com26 Mar 2026

Taking Kharg would give the US control over virtually all of Iran's oil exports and thus provide significant leverage, notes Prem Panicker in his must read daily blog on the Gulf War. It would also put American troops within range of Iran's remaining missiles, drones, and artillery on a piece of real estate that is just eight square miles in size, and just 15 miles from the Iranian mainland.

VIDEO: Modi makes historic landing at Assam highway airstrip

VIDEO: Modi makes historic landing at Assam highway airstrip

Rediff.com14 Feb 2026

Prime Minister Narendra Modi inaugurated the Northeast's first Emergency Landing Facility in Assam, boosting regional defense and disaster response capabilities.

Union Budget 2026: Sitharaman tries to cover all bases, leaves out markets

Union Budget 2026: Sitharaman tries to cover all bases, leaves out markets

Rediff.com1 Feb 2026

Budget 2026 sticks to fiscal discipline, shuns populist measures despite five key state elections coming up, but ends up rattling stock markets with a higher transaction tax on derivatives trading.

'Indian Army Has Free Hand To Deal With China'

'Indian Army Has Free Hand To Deal With China'

Rediff.com17 Feb 2026

'After the Galwan clash, the rules of engagement changed with the army commanders allowed to use any means at their disposal as they deem fit for tactical operations.'

'Yunus Government Has Given Space To Pakistanis'

'Yunus Government Has Given Space To Pakistanis'

Rediff.com24 Dec 2025

'There is no substantive basis for Bangladesh-Pakistan relations. The only real link they can have is mischief, with Pakistan's intelligence agency using Bangladesh to create trouble along our eastern borders.'

How To Buy Gold Wisely In 2026

How To Buy Gold Wisely In 2026

Rediff.com15 Dec 2025

From Rs 73k to over Rs 1.2L between January-December 2025 -- is buying gold in 2026 still sensible?

Leaders, Heed The 11-Year Rule!

Leaders, Heed The 11-Year Rule!

Rediff.com20 Mar 2025

There is a reason this 11 year phenomenon is a rule as much as it is an observation. It speaks to the nature of man and what humans are like, explains Aakar Patel.

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.

Protesting BLOs, BJP delegation in face-off outside Kolkata CEO office

Protesting BLOs, BJP delegation in face-off outside Kolkata CEO office

Rediff.com1 Dec 2025

A section of BLOs in West Bengal protested excessive workload during the SIR process, leading to clashes with BJP supporters outside the CEO's office. The protest highlights concerns over the enumeration exercise and accusations of political interference.

Why US-China Face-Off Is Advantage India

Why US-China Face-Off Is Advantage India

Rediff.com29 Oct 2025

Amid US-China trade tensions and economic vulnerabilities, India must seize the 'China +1' opportunity, deepen reforms, secure FTAs, and globalise its firms for long-term growth, suggests Ajay Shah.

Jobs, better education top Bihar students' expectations from new govt

Jobs, better education top Bihar students' expectations from new govt

Rediff.com21 Oct 2025

College students in Bihar, many first-time voters, express concerns about job opportunities and education quality ahead of the state elections, desiring a government focused on employment and strengthening the education system.

Why Are Bankers Committing Suicide?

Why Are Bankers Committing Suicide?

Rediff.com13 Aug 2025

In the past 10 years, over 500 PSB officers have died by suicide. When targets are overwhelming, senior management and customers are both impatient, and there is constant fear, not every banker has the resilience to survive and thrive, warns Tamal Bandyopadhyay.

'BJP Is On Shaky Ground In Gujarat'

'BJP Is On Shaky Ground In Gujarat'

Rediff.com18 Oct 2025

'The BJP will win comfortably if the Congress and AAP fight separately -- though not with 162 seats.' 'But if they form an alliance, it will become a major problem for the BJP. That's precisely why this expansion is happening now.'

Will Nitish Kumar Win Just 25 Seats In Bihar Polls?

Will Nitish Kumar Win Just 25 Seats In Bihar Polls?

Rediff.com11 Sep 2025

'No one can ignore PK's prediction about Nitish Kumar's party.'

H1B Visa Hike: Come Back Home, Say Experts

H1B Visa Hike: Come Back Home, Say Experts

Rediff.com24 Sep 2025

'Returning Indians can leverage their international skills and the strong funding environment for start-ups here.'

Modi sounds poll bugle in Bihar, promises Mumbai-like growth

Modi sounds poll bugle in Bihar, promises Mumbai-like growth

Rediff.com19 Jul 2025

Prime Minister Narendra Modi on Friday sounded the poll bugle in Bihar, where assembly elections are due this year, calling for 'an NDA government, once again', which would protect the state from the 'evil intentions' of the Rashtriya Janata Dal-Congress combine.

GST 2.0: India's Answer To Trump's Tariffs

GST 2.0: India's Answer To Trump's Tariffs

Rediff.com4 Sep 2025

Simplifying GST rates, removing exemptions, easing disputes, and speeding up refunds can boost investment in India and offer the best reply to Trump's tariffs, observes V S Krishnan, former member, Central Board of Indirect Taxes and Customs.

A Showdown That Could Reshape India's Derivatives Market

A Showdown That Could Reshape India's Derivatives Market

Rediff.com20 Jul 2025

The Jane Street-Sebi saga is more than a legal dispute -- it's a litmus test for India's ambitions as a global financial hub.

Are Trump and Musk Dismantling American Democracy?

Are Trump and Musk Dismantling American Democracy?

Rediff.com22 Feb 2025

We the people are left in the wind, waiting on the whims of an unengaged president and an oligarch with a nearly bottomless wallet, observes Sree Sreenivasan.

Mamata Ready To Take On BJP For 2026

Mamata Ready To Take On BJP For 2026

Rediff.com27 Feb 2025

The TMC-led West Bengal government has already started laying the groundwork for the election, setting the tone with the recent Bengal Global Business Summit and the state Budget.

Gold imports doubled to record high of $10.06 bn in August

Gold imports doubled to record high of $10.06 bn in August

Rediff.com17 Sep 2024

Gold imports more than doubled in August to a record high of $10.06 billion, mainly on account of a drastic cut in customs duty and ongoing festive demand, according to the Commerce Ministry data. Gold imports stood at $4.93 billion in August 2023. On record high imports, Commerce Secretary Sunil Barthwal said that the tariff rates on gold have been reduced drastically so that smuggling and other activities can come down.

US, allies cut off Russian banks from SWIFT

US, allies cut off Russian banks from SWIFT

Rediff.com27 Feb 2022

The Society for Worldwide Interbank Financial Telecommunication (SWIFT) is the world's main banking messaging service which links around 11,000 banks and institutions in more than 200 countries, including India.

Passenger sues Air India for personal data breach: What happens now?

Passenger sues Air India for personal data breach: What happens now?

Rediff.com14 Jul 2021

Recently, an Air India flyer sent a legal notice to the airline seeking damages of Rs 30 lakh for the breach of personal data of 4.5 million passengers, including her husband and herself. Air India had informed the complainant of the data leak a month earlier, after it emerged that its passenger service system provider fell prey to a cyberattack in February. However, in the absence of a data protection law, India lacks a mechanism for compensation or grievance redress of consumers in such cases, say experts. Advocate Virag Gupta, a New Delhi-based cyber law expert, explains that a legal notice is a good beginning in the Air India case, but it raises many questions. These include whether sensitive personal information has been leaked and whether the airline is responsible or not, given that a passenger service system provider was also involved.

Aadhaar: Private entities can't store individuals' data anymore

Aadhaar: Private entities can't store individuals' data anymore

Rediff.com3 Jan 2019

The amendment says that UIDAI can now give directions as it may consider necessary to any entity in the Aadhaar ecosystem