News for 'Public Deposit'

'BJP is playing a gehri chaal in Maharashtra'

'BJP is playing a gehri chaal in Maharashtra'

Rediff.com1 Jul 2022

'The message the BJP is sending is that they are in no way responsible for Uddhav's downfall and it was only Shinde who is to be blamed.'

Carlyle Group to acquire controlling stake in PNB Housing Finance

Carlyle Group to acquire controlling stake in PNB Housing Finance

Rediff.com3 Jun 2021

Private equity firm Carlyle Group and associates will acquire a controlling stake of over 50 per cent in PNB Housing Finance by investing in the Rs 4,000 crore preferential issue of equity and warrants of the Delhi-based mortgage lender. After the proposed transactions, expected to be completed by January 1, 2022, Carlyle will also have the right to nominate the chairperson of PNB Housing Finance (PNB HF). This right will continue as long as it holds at least 40 per cent of the share capital on a fully diluted basis.

Jaitley promises tough action against Indians with illegal swiss bank a/c

Jaitley promises tough action against Indians with illegal swiss bank a/c

Rediff.com29 Jun 2018

Latest data from the Swiss National Bank showed that money parked by Indians in Swiss banks rose over 50 per cent to CHF 1.01 billion

Hairstylist Habib booked for spitting on woman's hair; NCW issues summons

Hairstylist Habib booked for spitting on woman's hair; NCW issues summons

Rediff.com7 Jan 2022

Habib operates more than 850 salons and around 65 hair academies across 115 cities across India.

Why Isha Singh Wanted To Join The IPS

Why Isha Singh Wanted To Join The IPS

Rediff.com2 Dec 2021

'Many enter the civil services with the desire to do good work but get beaten by the system, step back or become part of it.' 'Ten fantastic officers out of 100 can completely change the game.'

'We'll have to live with branches for some time'

'We'll have to live with branches for some time'

Rediff.com15 Jul 2021

'67 per cent of our transactions happen digitally and about 93 per cent of transactions happen outside the branch.' 'Despite that, there is ample scope for promoting banking-related activities in branches.' 'So, for some time, we will have to, probably, live with the same structure.'

Mumbai ex-cop sends legal notice to Kangana, seeks apology

Mumbai ex-cop sends legal notice to Kangana, seeks apology

Rediff.com7 Sep 2020

The notice said the allegations levelled by Ranaut that the city commissioner of police was 'intimidating' her and 'encouraging social bullying' against her are completely false, frivolous, baseless and unsubstantiated.

Small savings rates slashed by 0.1%

Small savings rates slashed by 0.1%

Rediff.com30 Jun 2017

Since April 2016, interest rates of all small saving schemes have been recalibrated on a quarterly basis.

SC fines 8 parties for violating order on candidates' criminal record

SC fines 8 parties for violating order on candidates' criminal record

Rediff.com10 Aug 2021

In an unprecedented order to check criminalisation of politics, the Supreme Court on Tuesday held nine political parties including the ruling BJP and JD (U) in Bihar guilty of contempt and fined eight of them for violating its February, 2020 order on publication of criminal antecedents of their candidates for the assembly polls.

Tips to save: 'Invest in PPF or VPF'

Tips to save: 'Invest in PPF or VPF'

Rediff.com11 Nov 2019

We asked you, dear readers to share your best tips on saving money. Dibyendu Kumar Roy, 43, from New Delhi shares his tips.

Bharat Bandh hits services in PSU banks

Bharat Bandh hits services in PSU banks

Rediff.com8 Jan 2020

Most of the lenders had informed their customers in advance about the strike call given by All India Bank Employees Association (AIBEA), All India Bank Officers' Association (AIBOA), BEFI, INBEF, INBOC and Bank Karmachari Sena Mahasangh (BKSM), and its impact on banking services.

You will get interest rate on savings account every quarter

You will get interest rate on savings account every quarter

Rediff.com15 Mar 2016

On higher amounts, banks are allowed to offer differential rates to depositors.

'Treat your vote as weapon': Priyanka slams Modi govt on PM's home turf

'Treat your vote as weapon': Priyanka slams Modi govt on PM's home turf

Rediff.com13 Mar 2019

Priyanka said the Modi government did not fulfil its promises of providing jobs to crores of people in the country.

Bad loans in PSU banks up 3-fold to Rs 2.17 lakh cr

Bad loans in PSU banks up 3-fold to Rs 2.17 lakh cr

Rediff.com25 Feb 2015

Bad loans in public sector banks more than tripled.

Why KCR has Launched War On The BJP

Why KCR has Launched War On The BJP

Rediff.com18 Feb 2022

There is no one in Telangana to match KCR's stature and he believes he has outgrown the state, observes Aditi Phadnis.

Coming soon: Operation Clean Money 2.0

Coming soon: Operation Clean Money 2.0

Rediff.com21 Apr 2017

Tax wing scanning cash deposits between Rs 5-10 lakh

'Delhi riots could have been averted if Facebook had acted promptly'

'Delhi riots could have been averted if Facebook had acted promptly'

Rediff.com13 Nov 2020

Luckie affirmed that there has been repeated interference by the top officials of the Facebook teams including their policy heads at the instance of the political parties upon the content moderation teams.

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.

Banks don't want changes in MCLR calculation: RBI

Banks don't want changes in MCLR calculation: RBI

Rediff.com12 Feb 2018

Banks argued that loans of most lenders are funded primarily by retail deposits and not from the wholesale market as was the practice abroad

IMF, Pak reach agreement on 2nd review of $6bn bailout package

IMF, Pak reach agreement on 2nd review of $6bn bailout package

Rediff.com28 Feb 2020

The agreement is subject to approval by the IMF management and consideration by its executive board, which is expected in early April.

All issues flagged by DGCA were addressed: Aviation minister

All issues flagged by DGCA were addressed: Aviation minister

Rediff.com8 Aug 2020

'It is indeed a fact that several issues were routinely red-flagged by DGCA, and were addressed by the (Kozhikode) airport operator. These pertain to excessive rubber deposits, water stagnation, cracks and other routine issues,' Puri tweeted a day after the plane crash in Kozhikode that claimed at least 18 lives.

UP has biggest responsibility to make India powerful: Modi

UP has biggest responsibility to make India powerful: Modi

Rediff.com28 Feb 2022

His remarks at the Maharajganj rally come against the backdrop of the war in Ukraine from where India is trying evacuate thousands of its citizens. Modi, however, did not specifically mention the crisis.

Indian economy in better shape to tackle Covid 2nd wave: CEA Subramanian

Indian economy in better shape to tackle Covid 2nd wave: CEA Subramanian

Rediff.com17 Apr 2021

'Overall, compared to the previous episode, we are in a better shape because the vaccine is already out there and vaccination drives are proceeding'

SC to hear Aarey PIL on Monday, activists get bail

SC to hear Aarey PIL on Monday, activists get bail

Rediff.com6 Oct 2019

The apex court on Sunday set up a special bench on the basis of a letter addressed to the Chief Justice of India by one Rishav Ranjan against the cutting of the trees.

SC-appointed panel on farm laws was against their repeal

SC-appointed panel on farm laws was against their repeal

Rediff.com21 Mar 2022

The report, which was submitted to the apex court on March 19, 2021, was made public on Monday. The three-member committee had also suggested many changes in the laws, including giving freedom to states to make Minimum Support Price (MSP) system legal.

How UP Women Powered BJP Victory

How UP Women Powered BJP Victory

Rediff.com16 Mar 2022

'Economic issues do not matter during elections; it is the emotional connect that helps swing votes.'

'Your money is safe with nationalised banks'

'Your money is safe with nationalised banks'

Rediff.com23 Nov 2020

'No commercial bank will be allowed to fail. There is nothing to worry about.'

Hardik, Rahul fined Rs 20 lakh for sexist comments

Hardik, Rahul fined Rs 20 lakh for sexist comments

Rediff.com20 Apr 2019

Hardik Pandya and K L Rahul have been fined Rs 20 lakh each by BCCI Ombudsman Justice (Retd) D K Jain for making sexist comments on a television chat show.

How Bankruptcy Law FAILED Home Buyers

How Bankruptcy Law FAILED Home Buyers

Rediff.com31 Aug 2021

Property buyers fund the project cost and the entire debt and entire equity servicing, and yet, have no locus standi in the IBC process, points out Debashis Basu.

Go Airlines' IPO process grounded

Go Airlines' IPO process grounded

Rediff.com28 Jun 2021

Markets regulator Sebi has kept in abeyance the processing of Go Airlines' draft papers for an initial public offer worth Rs 3,600 crore. Go Airlines (India) Ltd, which has announced rebranding itself as 'Go First', filed preliminary papers for an initial share sale worth Rs 3,600 crore in May. The proceeds will be mainly used to repay dues. The "issuance of observations (has been) kept in abeyance", according to Sebi's latest update on processing status of Go Airlines' draft offer documents. The information was updated on June 25. In Sebi parlance, issuance of observations implies its go-ahead for the IPO.

Conflict case: CoA note defends Dravid with 'Raghuram Rajan example'

Conflict case: CoA note defends Dravid with 'Raghuram Rajan example'

Rediff.com26 Sep 2019

'The CoA feels that if David has declared and is not taking remuneration from India Cements, he is not in conflict'

One mn bank staff to go on strike on August 22

One mn bank staff to go on strike on August 22

Rediff.com8 Aug 2017

The strike call is over privatisation, mergers, and also due to write-off of corporate NPAs, criminalisation of willful default

Banks set for lending rate action this week

Banks set for lending rate action this week

Rediff.com19 Jan 2015

A host of lenders, including State Bank of India, IDBI Bank, Indian Bank and Andhra Bank, have lined up meetings of their asset-liability committees this week, to review their lending and deposit rates.

Spike in Bengal's Jan Dhan accounts raises eyebrows

Spike in Bengal's Jan Dhan accounts raises eyebrows

Rediff.com25 Nov 2016

In areas bordering Bangladesh, some have received strikingly high deposits in Jan Dhan accounts, said sources.

Will auction Aamby Valley if Rs 5,000 cr not paid: SC to Sahara

Will auction Aamby Valley if Rs 5,000 cr not paid: SC to Sahara

Rediff.com21 Mar 2017

The apex court had also asked Sahara Group to provide it within two weeks the list of "unencumbered properties" which can be put for public auction to realise the remaining over Rs 14,000 crore

4 Questions On Crypto Regulation

4 Questions On Crypto Regulation

Rediff.com8 Dec 2021

It is not the job of regulators to ensure that users make profits. It is not the job of regulators to prevent people from making losses. It is not the job of regulators to prevent people from doing stupid things, argues Ajay Shah.

Govt spending Rs 14,500 crore on airports before 'privatising' them

Govt spending Rs 14,500 crore on airports before 'privatising' them

Rediff.com1 Oct 2021

With six airports handed over to the Adani group for 50 years, the government is now all set to hand over another 25 airports to private players in a bid to 'monetise' them. Official figures reveal that since 2017-18, the government has spent and will be spending Rs 14,500 crore on significantly revamping infrastructure at most of these airports before handing them over to private players. The Airports Authority of India (AAI), which operates these airports for the government, has spent billions of rupees in building new terminal buildings, runways, reinforcing taxiways, upgrading aircraft landing systems, radars and a host of other heavy duty and capital intensive infrastructure works.

HDFC Bank, ICICI and Axis resume levy on cash transactions

HDFC Bank, ICICI and Axis resume levy on cash transactions

Rediff.com1 Mar 2017

The charges would apply to savings as well as salary accounts

No black money in Swiss banks: Rahul's jibe at PM

No black money in Swiss banks: Rahul's jibe at PM

Rediff.com29 Jun 2018

Money parked by Indians in Swiss banks rose over 50 per cent to CHF 1.01 billion (Rs 7,000 crore) in 2017, reversing a three-year downward trend amid India's clampdown on suspected black money stashed there.

RBI says banks cannot decline pre-2005 notes

RBI says banks cannot decline pre-2005 notes

Rediff.com19 Dec 2016

Pre-2005 banknotes are being withdrawn from circulation since January 2014 by RBI and a large percentage of these notes have already been withdrawn