News for 'Post Office Banks'

Tax Filing: Mistakes To Avoid

Tax Filing: Mistakes To Avoid

Rediff.com24 Jul 2025

Cross-check key documents, maximise your deductions, avoid errors, and ensure you get your refund smoothly.

Bhagoda economics: Cong slams Modi govt over Mallya's Jaitley claim

Bhagoda economics: Cong slams Modi govt over Mallya's Jaitley claim

Rediff.com6 Jun 2025

The Congress shared a video clip from a recent podcast Mallya did with social media influencer Raj Shamani in which he claimed he had informed Jaitley before leaving India in 2016.

'Can I Claim TDS Refund On FD Interest?'

'Can I Claim TDS Refund On FD Interest?'

Rediff.com4 Jun 2025

rediffGURU T S Khurana answers readers' personal income tax queries.

Temasek lifts India exposure to 8% as China share declines for third year

Temasek lifts India exposure to 8% as China share declines for third year

Rediff.com10 Jul 2025

Singapore's state investor Temasek Holdings, which recently picked up 10 per cent stake in Haldiram, has been consistently expanding its footprint in India while slowly withdrawing from China over the last three years amid growing geopolitical risks and economic headwinds. India has become Temasek's third-largest market, after Singapore (27 per cent) and China (18 per cent), with its exposure to the country higher than the rest of Asia Pacific excluding the three (11 per cent), according to Temasek's annual review.

Odisha girl set afire by 3 dies after fortnight-long battle for life

Odisha girl set afire by 3 dies after fortnight-long battle for life

Rediff.com3 Aug 2025

A 15-year-old girl in Odisha, India, has died after allegedly being set on fire by unidentified assailants. The incident has sparked outrage and prompted investigations by local authorities.

UP family loses second girl child in identical boiling pot accident

UP family loses second girl child in identical boiling pot accident

Rediff.com30 Jun 2025

The child was rushed to the Duddhi Community Health Centre, where doctors referred her to the district hospital for further treatment.

IndusInd accounting lapses: Sumant Kathpalia steps down as CEO

IndusInd accounting lapses: Sumant Kathpalia steps down as CEO

Rediff.com29 Apr 2025

IndusInd Bank MD and CEO Sumant Kathpalia on Tuesday resigned with immediate effect, taking moral responsibility of accounting lapses in the derivatives portfolio, having financial implication of Rs 1,960 crore to the bank.

Private sector banks' credit costs up in Q3FY25 on higher provisions

Private sector banks' credit costs up in Q3FY25 on higher provisions

Rediff.com27 Jan 2025

Private sector banks that announced their earnings for the October-December quarter (Q3) of 2024-25 (FY25) reported a rise in credit costs due to higher provisions, mainly for unsecured retail loans.

What Are Arbitrage Funds?

What Are Arbitrage Funds?

Rediff.com18 Jul 2025

Conservative investors seeking equity-like tax benefits with low risk may go for them.

Nearly 98% of Rs 2000 notes have been returned

Nearly 98% of Rs 2000 notes have been returned

Rediff.com4 Nov 2024

The Reserve Bank of India (RBI) on Monday said 98.04 per cent of the Rs 2000 banknotes have been returned to the banking system, and only Rs 6,970 crore worth such notes are still with the public. On May 19, 2023, the RBI announced the withdrawal of Rs 2000 denomination banknotes from circulation.

Are you spying for Pak? Mumbai woman duped of Rs 22 lakh

Are you spying for Pak? Mumbai woman duped of Rs 22 lakh

Rediff.com18 Jun 2025

Cyber fraudsters posing as Delhi ATS and Jammu & Kashmir police personnel cheated an elderly woman from Mumbai of Rs 22 lakh after accusing her of spying for Pakistan, officials said on Wednesday.

Newly-wed woman killed for dowry, in-laws fake suicide story

Newly-wed woman killed for dowry, in-laws fake suicide story

Rediff.com21 Jun 2025

Sapna (22), wife of Narendra Chauhan, was found dead in a room at her in-laws' house in Kotwa village, under the Maniyar Police Station area.

How To Tackle Credit Card Debt

How To Tackle Credit Card Debt

Rediff.com12 Aug 2025

'Revolving credit without full repayment causes interest to outpace repayment capacity, and leads to financial distress.'

Wanted: A Safe Seat For Superstar Vijay

Wanted: A Safe Seat For Superstar Vijay

Rediff.com8 Aug 2025

This is important because he is to be seen as a sure winner before criss-crossing the state to campaign for candidates of the party or an alliance, highlights N Sathiya Moorthy.

RBI Guv Shaktikanta Das to demit office on Tuesday

RBI Guv Shaktikanta Das to demit office on Tuesday

Rediff.com9 Dec 2024

Shaktikanta Das will demit the office on Tuesday after completing six years as the 25th Governor of the Reserve Bank of India. Revenue Secretary Sanjay Malhotra will replace him as the 26th Governor. He was appointed as the Governor on December 12, 2018, after the abrupt exit of Urjit Patel.

SEE: Suvendu Adhikari's convoy attacked in Cooch Behar

SEE: Suvendu Adhikari's convoy attacked in Cooch Behar

Rediff.com5 Aug 2025

The convoy of West Bengal's Leader of Opposition, Suvendu Adhikari, was allegedly attacked by TMC workers during a protest in Cooch Behar. Bulletproof glasses of Adhikari's vehicle were smashed. TMC denies involvement, calling it a 'well-scripted drama'.

Bihar's Revision Of Voters List: What's Cooking?

Bihar's Revision Of Voters List: What's Cooking?

Rediff.com1 Jul 2025

'The Election Commission is conducting the National Register of Citizens in Bihar through the backdoor.'

Is this why govt sacked Subramanian as IMF exec director?

Is this why govt sacked Subramanian as IMF exec director?

Rediff.com6 May 2025

The Congress party in India has accused the government of "impropriety" in the sudden termination of KV Subramanian's position as India's executive director at the IMF, alleging it was linked to the Union Bank of India's purchase of two lakh copies of his book. The party also questioned the government's stance on Pakistan's request for a loan from the IMF.

Women Outnumbered In Bank Accounts!

Women Outnumbered In Bank Accounts!

Rediff.com17 Aug 2024

As of March 2023, the share of accounts belonging to women stood at 36.4 per cent (917.7 million) of the total 2.52 billion individual accounts.

Correct Bogus I-T Deductions Today!

Correct Bogus I-T Deductions Today!

Rediff.com30 Jul 2025

One of the most exploited provisions is Section 10(13A), which permits exemption on HRA.

HDFC Bank Q3 profit edges up 2.3% on slower loan growth

HDFC Bank Q3 profit edges up 2.3% on slower loan growth

Rediff.com22 Jan 2025

HDFC Bank on Wednesday reported a 2.3 per cent year-on-year rise in its consolidated net profit to Rs 17,657 crore for the October-December quarter, restricted by slower loan growth. On a standalone basis, the largest private sector lender's net profit came at Rs 16,735.50 crore for the period, up from Rs 16,372.54 crore in the year-ago period, but marginally down from the preceding quarter's Rs 16,820.97 crore.

Modi to launch India Post Payments Bank on August 21

Modi to launch India Post Payments Bank on August 21

Rediff.com9 Aug 2018

The Department of Posts was one of the 11 entities to get the in-principle nod from the Reserve Bank of India in 2015 for setting up a payments bank.

RBI may soon allow interoperability of Post payment bank ATMs

RBI may soon allow interoperability of Post payment bank ATMs

Rediff.com4 Jul 2016

The vertical will be based out of Bengaluru.

India Post may apply for payment bank licence

India Post may apply for payment bank licence

Rediff.com27 Aug 2014

India Post may be keen to apply for payment bank licence.

Will Language Politics Help Didi Win 4th Term?

Will Language Politics Help Didi Win 4th Term?

Rediff.com14 Aug 2025

Will Mamata's bhasha andolan campaign sway Bengal's bhadralok before the 2026 election in the TMC's favour?

Why IPO-bound OYO seeks to rename parent firm

Why IPO-bound OYO seeks to rename parent firm

Rediff.com30 May 2025

OYO founder Ritesh Agarwal has invited name suggestions for its parent firm Oravel Stays, in a strategic move as the global travel tech platform prepares to launch its IPO and looks to have more premium segment offerings. There is a high possibility that the name chosen through the exercise may end up being the name of the premium hotels app that OYO has been working to launch in the near future, people familiar with the strategy told PTI.

FY26 may be another slow year for IT firms

FY26 may be another slow year for IT firms

Rediff.com1 Aug 2025

The information technology (IT) services industry may be headed for another year of sluggish growth. Based on the results of the top five IT services companies for the first quarter of 2025-26 (Q1FY26), analysts say the possibility of hitting high single-digit revenue growth in FY26 looks unlikely.

Hospitality Business Needs People, Not AI

Hospitality Business Needs People, Not AI

Rediff.com15 Jul 2025

With the rise of wellness tourism and experiential travel, specialised jobs are being created in spa management, event planning and local experience curation, besides social media management.

Why Is SEBI Probing A Trading Giant?

Why Is SEBI Probing A Trading Giant?

Rediff.com21 Jun 2025

Sebi's probe against Jane Street is part of its efforts to mitigate losses for individual derivative traders.

You can send Rs 2,000 notes by post to RBI for direct credit in bank accounts

You can send Rs 2,000 notes by post to RBI for direct credit in bank accounts

Rediff.com2 Nov 2023

People can send their Rs 2,000 banknotes to specified regional offices of the Reserve Bank through the insured post for credit in their bank accounts. This is a hassle-free option for the people who are away from the regional offices of the Reserve Bank. Besides, the RBI is offering TLR (Triple Lock Receptacle) form to people for a deposit of Rs 2,000 banknotes in their bank account.

J-K cloudburst: 60 dead, 69 missing, over 100 hurt

J-K cloudburst: 60 dead, 69 missing, over 100 hurt

Rediff.com15 Aug 2025

Jammu and Kashmir Chief Minister Omar Abdullah briefed Prime Minister Narendra Modi on a devastating cloudburst in Kishtwar district that claimed 60 lives and injured over 100. Abdullah expressed condolences and assured assistance, while also questioning potential administrative lapses.

Will Vijay's CM Googly Win TN Poll Match?

Will Vijay's CM Googly Win TN Poll Match?

Rediff.com5 Jul 2025

Vijay is counting on what was once proclaimed as his last filmi outing, Jana Nayagan, or 'People's Hero', to do the trick for him, when it releases on January 9, 2026, only months before the assembly poll, observes N Sathiya Moorthy.

PM launches India Post Payments Bank to offer doorstep banking

PM launches India Post Payments Bank to offer doorstep banking

Rediff.com1 Sep 2018

It will carry out most banking operations like accepting deposits but can't advance loans or issue credit cards.

8 Investing Lessons From The Ultra Rich

8 Investing Lessons From The Ultra Rich

Rediff.com4 Aug 2025

The ultra-rich invest differently -- embracing growth, compounding, and long-term clarity to build wealth with purpose and discipline, explains Ramalingam Kalirajan.

Is Your Savings Account Losing You Money?

Is Your Savings Account Losing You Money?

Rediff.com23 Apr 2025

One should avoid keeping excessive funds in one's savings account.

Why You May Get An I-T Notice

Why You May Get An I-T Notice

Rediff.com17 Jun 2025

'Most tax notices arise not from wrongdoing, but from unintentional mismatch or ignorance.'

Chh'garh cop killed in Maoist blast 2 days before daughter's birthday

Chh'garh cop killed in Maoist blast 2 days before daughter's birthday

Rediff.com10 Jun 2025

He had promised his daughter that he would be there, come what may, a kin said. But fate had a different plan.

When A Vice President Resigned For The First Time

When A Vice President Resigned For The First Time

Rediff.com22 Jul 2025

Vice President V V Giri's resignation in 1969 triggered political upheavals that saw the ruling party defy its own presidential nominee, the expulsion of a sitting prime minister by her party president, and a historic split in the Indian National Congress, recounts Utkarsh Mishra.

Red alert in many states as monsoon covers India; 2 killed U'khand

Red alert in many states as monsoon covers India; 2 killed U'khand

Rediff.com29 Jun 2025

The labourers, who are said to be of Nepali origin, were engaged in the construction of a hotel.

Retail inflation eases to over 6-yr low of 2.1% in June

Retail inflation eases to over 6-yr low of 2.1% in June

Rediff.com14 Jul 2025

Retail inflation declined to over six-year low of 2.1 per cent in June, nearing the RBI's comfort zone, on account of subdued prices of food items, including vegetables, driven by widespread monsoon.