News for 'Reserve Bureau of India'

Calcutta HC judge Abhijit Gangopadhyay to resign, may join politics: Reports

Calcutta HC judge Abhijit Gangopadhyay to resign, may join politics: Reports

Rediff.com3 Mar 2024

The judge refused to comment on it, stating that he would address all inquiries after submitting his resignation.

Doval moots interoperability among central police forces

Doval moots interoperability among central police forces

Rediff.com24 May 2024

National security advisor Ajit Doval on Friday suggested that various central armed police forces of the country should have "jointness" and interoperability among themselves like the ongoing plan for the defence forces.

Ganga Vilas: World's Longest River Cruise

Ganga Vilas: World's Longest River Cruise

Rediff.com12 Jan 2023

The MV Ganga Vilas will traverse through 27 rivers over 52 days, covering over 3,200 km.

India-US Bonhomie: The China Threat

India-US Bonhomie: The China Threat

Rediff.com30 Jun 2023

The change of heart in the US and India was propelled by the increased threat of China to both countries, explains Ambassador T P Sreenivasan.

HC admits CBI plea against acquittal of A Raja, 16 others in 2G scam case

HC admits CBI plea against acquittal of A Raja, 16 others in 2G scam case

Rediff.com23 Mar 2024

Admitting the Central Bureau of Investigation appeal, the high court said there are "some contradictions" in the trial court's judgment which require "deeper examination".

We will amend women's bill after coming to power in 2024: Kharge

We will amend women's bill after coming to power in 2024: Kharge

Rediff.com23 Sep 2023

There are no major legal complications in implementing the bill right now but the Narendra Modi government putting it off for 10 years, he said.

Govt allocates Rs 928 cr to CBI, down by Rs 40 cr from FY 2024

Govt allocates Rs 928 cr to CBI, down by Rs 40 cr from FY 2024

Rediff.com1 Feb 2024

The agency had received Rs 946.51 crore to manage its affairs in the Budget Estimates for 2023-24, which was later increased to Rs 968.86 crore in the Revised Estimates.

'Money lending has become prudent and conservative'

'Money lending has become prudent and conservative'

Rediff.com2 Feb 2024

'We need to be far more careful given the fact that while this is group lending, it's essentially unsecured.'

Can Your Bank Avoid Cyber Attacks?

Can Your Bank Avoid Cyber Attacks?

Rediff.com1 Dec 2023

The Union finance ministry will meet CEOs of public sector banks to discuss issues related to cybersecurity in the wake of the Rs 820 crore (Rs 8.2 billion) fraud that hit Kolkata-based UCO Bank last month.

Kejriwal's custody extended till April 23; no relief from SC too

Kejriwal's custody extended till April 23; no relief from SC too

Rediff.com15 Apr 2024

The ED had arrested Kejriwal on March 21, hours after the high court refused to grant him protection from coercive action by the federal anti-money laundering agency.

Winter Session: Opposition seeks discussion on Mahua's case

Winter Session: Opposition seeks discussion on Mahua's case

Rediff.com2 Dec 2023

The impending expulsion of Trinamool Congress (TMC) member Mahua Moitra from the Lok Sabha, three bills to replace criminal laws and a proposed law for the appointment of election commissioners are issues set to dominate the Winter Session of Parliament, with the government urging the Opposition to ensure a conducive environment for discussions in the House.

Why RBI Is Worried About The Rise In Personal Loans

Why RBI Is Worried About The Rise In Personal Loans

Rediff.com28 Nov 2023

In the June quarter of FY24, 51 per cent of consumers who took small-ticket personal loans already had more than four credit products at the time of accessing yet another new loan, compared with just 17 per cent in the June quarter of FY20, points out Tamal Bandyopadhyay.

Can Sharmila Help Congress Win AP?

Can Sharmila Help Congress Win AP?

Rediff.com3 Feb 2024

If she cannot recast the party, bring together the factions opposed to her, and present herself as her brother's true challenger, there will be little left for her in politics, notes Aditi Phadnis.

US girl posing as Indian did MBBS, HC asks to pay NRI fees for exit permit

US girl posing as Indian did MBBS, HC asks to pay NRI fees for exit permit

Rediff.com20 Mar 2023

Coming to India on a tourist visa as a child, she had completed her education throughout claiming to be an Indian citizen.

'Pakistan Funding For Kashmir Terror Has Never Stopped'

'Pakistan Funding For Kashmir Terror Has Never Stopped'

Rediff.com4 Jan 2023

'There is a trust deficit between Delhi and Srinagar. It is there even today.'

Jewellers getting more inquiries for gold after RBI withdraws Rs 2,000 notes; no panic buying

Jewellers getting more inquiries for gold after RBI withdraws Rs 2,000 notes; no panic buying

Rediff.com21 May 2023

Jewellers in India, the world's second largest gold consuming country after China, have started receiving more inquiries for purchase of gold or silver immediately after the Reserve Bank's announcement to withdraw Rs 2,000 notes from circulation. However, there is no panic buying of the precious metal unlike the situation witnessed in 2016 during demonetisation, jewellers body GJC said on Sunday. In fact in the last two days, the actual gold purchase has been less in exchange of Rs 2,000 notes due to strict Know your Customer (KYC) norms although sources said some jewellers have started charging a 5-10 per cent premium, taking the gold prices to Rs 66,000 per 10 grams level.

Saluting P V Narasimha Rao For 1991!

Saluting P V Narasimha Rao For 1991!

Rediff.com19 Feb 2024

It is thanks to the policy of liberalisation conceived by Manmohan Singh and enforced by P V Narasimha that the Indian economy has now become the world's 5th largest economy by nominal GDP, asserts Dr Sudhir Bisht.

Special Session: Even Cabinet Is In The Dark

Special Session: Even Cabinet Is In The Dark

Rediff.com14 Sep 2023

This form of government, where secrets and major decisions are kept from the Cabinet itself, appears to be continuing, which is why the speculation around this special session, asserts Aakar Patel.

Is Technology Important In Banking?

Is Technology Important In Banking?

Rediff.com14 Mar 2024

'Just the amount of work which is there just to become more and more successful in banking. For this to happen you need to have leaders who understand technology.'

SC reserves order on Abu Salem's plea

SC reserves order on Abu Salem's plea

Rediff.com9 Jul 2013

The Supreme Court on Tuesday reserved its order on gangster Abu Salem plea for quashing trials against him in various cases after the Portugal court terminated his extradition to India for "violation" of deportation rules by authorities.

Home loan chat: How to get the best rates

Home loan chat: How to get the best rates

Rediff.com7 Feb 2013

Join Rajiv Raj of Credit Vidya on how you can get good CIBIL score and home loan rates at 4.30 on Rediff ZaraBol.

Black money: Reserve Bank to share info with IB, RAW

Black money: Reserve Bank to share info with IB, RAW

Rediff.com7 Mar 2016

The RBI has also been asked to consider displaying this information on its website.

'Anti-minority' tag for India will hurt domestic cos, warns Rajan

'Anti-minority' tag for India will hurt domestic cos, warns Rajan

Rediff.com21 Apr 2022

Amid concerns over minorities being targeted in India, former Reserve Bank governor Raghuram Rajan on Thursday cautioned that an 'anti-minority' image for the country can lead to loss of market for Indian products and may also result in foreign governments perceiving the nation as an unreliable partner. India enters the perception battle from a position of strength, the professor at Chicago's Booth School of Business said, alluding to credentials like democracy and secularism, but warned that this battle is "ours to lose". The comments came a day after bulldozers tore down several concrete and temporary structures close to a mosque in Jahangirpuri as part of an anti-encroachment drive, days after the northwest Delhi neighbourhood was rocked by communal violence.

Chanda Kochhar misappropriated ICICI Bank's funds for personal use: CBI to special court

Chanda Kochhar misappropriated ICICI Bank's funds for personal use: CBI to special court

Rediff.com26 Jun 2023

The Central Bureau of Investigation on Monday told a special court here that former ICICI Bank CEO and MD Chanda Kochhar misappropriated the lender's funds for personal use. The probe agency, represented by special public prosecutor A Limosin, made this argument while urging the special court to take cognizance of the chargesheet filed against Chanda Kochhar, her husband Deepak Kochhar and others in a case pertaining to cheating and irregularities in sanctioning of loans to Videocon Group firms. Chanda Kochhar was MD and CEO of ICICI Bank between May 2009 and January 2019 in which capacity she was entrusted with the Bank's funds, the CBI told court.

Over Rs 2.31 cr, 1 kg gold found in basement of Rajasthan govt building

Over Rs 2.31 cr, 1 kg gold found in basement of Rajasthan govt building

Rediff.com20 May 2023

According to officials, seven employees of the Yojna Bhawan having access to the basement have been detained for questioning.

Centre to notify Manipur HC CJ's appointment 'shortly', clears 70 names

Centre to notify Manipur HC CJ's appointment 'shortly', clears 70 names

Rediff.com9 Oct 2023

The Supreme Court Monday said the appointment of the chief justice of Manipur high court has finally received the Centre's attention and will be notified "shortly", over three months after the apex court collegium had recommended Delhi high court judge Siddharth Mridul for the post.

Sanctions on Russia unlikely hit India's defence sector: Niti member

Sanctions on Russia unlikely hit India's defence sector: Niti member

Rediff.com9 Mar 2022

'Russia has got inherent military strength, they have a very good military equipment manufacturing infrastructure and by and large they are self-sufficient in their production capabilities'

Q4 results: Private sector banks post 9.7% decline in net profit

Q4 results: Private sector banks post 9.7% decline in net profit

Rediff.com10 May 2023

Private sector banks reported a robust profile with healthy growth in net interest income (NII), credit offtake and reduction in provision burden for the fourth quarter ended March 2023 (Q4 of FY23). However, as a pack, their net profit declined by 9.7 per cent year-on-year (YoY) at Rs 25,317 crore in Q4. This is because Axis Bank posted losses due to its one-time hefty charge for the acquisition of Citibank India's consumer business.

Will Opposition Undo BJP Laws If Voted To Power?

Will Opposition Undo BJP Laws If Voted To Power?

Rediff.com22 Aug 2023

The Opposition parties need to spell out how exactly they will protect the citizen from government excess, asserts T N Ninan.

'I am not the target, my leader KCR is'

'I am not the target, my leader KCR is'

Rediff.com23 Mar 2023

'He is exposing the failings of the BJP, which is rankling the party.'

Anti-Sterlite protests were fuelled by foreign funds, says TN governor

Anti-Sterlite protests were fuelled by foreign funds, says TN governor

Rediff.com6 Apr 2023

Tamil Nadu Governor R N Ravi stoked a fresh controversy on Thursday, remarking that the anti-Sterlite protests in the state in 2018 had been fuelled by foreign funds and was aimed at hindering progress. His comment instantaneously drew an outcry from the ruling Dravida Munnetra Kazhagam and its allies.

Niti Aayog vice chairman Rajiv Kumar steps down

Niti Aayog vice chairman Rajiv Kumar steps down

Rediff.com22 Apr 2022

The government on Friday appointed Suman K Bery as the vice chairman of Niti Aayog, following the sudden resignation of Rajiv Kumar.

Centre should privatise all PSBs, except State Bank of India: NCAER

Centre should privatise all PSBs, except State Bank of India: NCAER

Rediff.com12 Jul 2022

The Centre should privatise all public sector banks (PSBs), except the State Bank of India (SBI). This is because private banks have emerged as a credible alternative to PSBs with substantial market share. Also, government ownership hinders the ability of the Reserve Bank of India (RBI) to regulate the sector, according to a report by the National Council of Applied Economic Research (NCAER).

HC reserves verdict on PIL alleging Cong, BJP foreign funding

HC reserves verdict on PIL alleging Cong, BJP foreign funding

Rediff.com28 Feb 2014

The Delhi high court on Friday reserve its order on a Public Interest Litigation alleging that the Congress and the Bharatiya Janata Party received funding from subsidiaries of United Kingdom-based Vedanta Resources in violation of various Indian laws.

Challenges To Opposition Unity Continue

Challenges To Opposition Unity Continue

Rediff.com24 Apr 2023

The Congress is planning to call a meeting of Opposition parties in May. It is possible to keep all possibilities open in case Karnataka yields a hung House, leading to a recalibrated Opposition.

Metal firms see China re-opening as boost to commodities

Metal firms see China re-opening as boost to commodities

Rediff.com2 Mar 2023

The re-opening of the Chinese economy, as it moves away from its zero-Covid policy, could help stabilise commodity prices, according to some of the country's top metal companies. They view this as a positive for demand, at a time when markets such as the US and Europe have been largely weighed down by slowdown concern now. "Most of us in the metals business are hoping the Chinese economy picks up because half of any metal demand, including demand for aluminium, comes from China.

Nehru laid strong foundation for Constitution: Kharge in RS

Nehru laid strong foundation for Constitution: Kharge in RS

Rediff.com18 Sep 2023

Congress president Mallikarjun Kharge used poetry and humour to take swipes at the government on Monday, saying nothing will be accomplished by changing names, and went on to recall how first prime minister Jawaharlal Nehru's 'inclusive' approach of involving opposition parties had led to the laying of a strong foundation for the Constitution.

Loans from PSU banks: 5,600 cos defaulted

Loans from PSU banks: 5,600 cos defaulted

Rediff.com2 Sep 2011

The minister said RBI maintains a list of non-suit filed borrowers of banks and financial institutions, while CIBIL had a database on suit-filed accounts of Rs 1 crore (Rs 10 million) and above.

Top 7 things to do with your credit report

Top 7 things to do with your credit report

Rediff.com24 Nov 2010

You will be able to access your credit scores in December 2010. The score will range from 300 to 900, indicating the levels of default. It will be available to consumers for a sum not exceeding Rs.100 as prescribed by the RBI. CIBIL, which already has a huge database of credit reports - which are currently consulted by banks before sanctioning a loan is putting up the infrastructure to be ready to service consumers who wish to access their credit reports.

ICICI case: Videocon's Dhoot says his arrest was unnecessary; CBI says he was evading probe

ICICI case: Videocon's Dhoot says his arrest was unnecessary; CBI says he was evading probe

Rediff.com13 Jan 2023

The lawyer of Videocon Group promoter Venugopal Dhoot on Friday argued before the Bombay high court that the industrialist's arrest in the ICICI Bank loan fraud case was unwarranted as he was cooperating with the probe. The Central Bureau of Investigation (CBI), on the other hand, claimed that he was trying to avoid probe. Dhoot, arrested by the CBI on December 26, 2022, and presently in judicial custody, has moved the high court seeking to quash the First Information Report, and has also sought interim bail.