News for 'State Bank of Indore'

IPL Betting Racket Busted In Indore; Eight Arrested

IPL Betting Racket Busted In Indore; Eight Arrested

Rediff.com27 May 2026

Indore police busted a gang allegedly involved in online betting on Indian Premier League (IPL) matches, arresting eight individuals, including an IT professional and a bank official.

Indore Police Bust Investment Fraud Ring Operating From Cambodia

Indore Police Bust Investment Fraud Ring Operating From Cambodia

Rediff.com17 Apr 2026

Indore police have busted a gang involved in investment fraud, arresting five individuals and uncovering links to a WhatsApp account operated from Cambodia.

Cyanide Bomb Threat at Indore RTO Proves to Be a False Alarm

Cyanide Bomb Threat at Indore RTO Proves to Be a False Alarm

Rediff.com23 Mar 2026

The Regional Transport Office (RTO) in Indore, Madhya Pradesh, received an email threatening to detonate 15 cyanide gas bombs, prompting a thorough search and subsequent declaration of a hoax.

How Delhi Police Busted Illegal Forex Trading Call Centre

How Delhi Police Busted Illegal Forex Trading Call Centre

Rediff.com22 May 2026

Delhi Police busted an illegal forex trading call centre in Indore, arresting six individuals involved in defrauding victims nationwide through fake online investment schemes. The syndicate allegedly used a fake trading platform to lure people into investing in forex and online trading products, showing fabricated profits and gains.

Madhya Pradesh Government Reshuffles 62 IPS Officers

Madhya Pradesh Government Reshuffles 62 IPS Officers

Rediff.com3 May 2026

The Madhya Pradesh government has transferred 62 IPS officers, including 19 superintendents of police, assigning them new roles across various levels.

Cabinet nods State Bank of Indore merger with SBI

Cabinet nods State Bank of Indore merger with SBI

Rediff.com15 Jul 2010

This will be the second merger of an associate bank with the SBI after a similar exercise with the State Bank of Saurashtra in August 2008.

How A Software Engineer Ran A Rs 100 Crore Online Trading Scam

How A Software Engineer Ran A Rs 100 Crore Online Trading Scam

Rediff.com11 May 2026

A software engineer earning a high salary allegedly abandoned his career to run a fake online trading racket, duping investors of nearly Rs 100 crore.

Merger of State Bank of Indore to be over by Mar

Merger of State Bank of Indore to be over by Mar

Rediff.com9 Feb 2010

This will be second such merger of State Bank of India's associate banks.

6 kids test HIV-positive after blood transfusion in MP

6 kids test HIV-positive after blood transfusion in MP

Rediff.com16 Dec 2025

Six children with thalassemia in Madhya Pradesh, India, have tested positive for HIV, suspected to be transmitted through contaminated blood transfusions. An investigation has been ordered, and the opposition Congress party is demanding accountability.

'GCCs Have Evolved To Strategic Innovation Hubs'

'GCCs Have Evolved To Strategic Innovation Hubs'

Rediff.com6 Jan 2026

'Solutions developed in India are being commercialised and offered globally because we're executing at scale, creating new markets and revenue streams.'

How Indian Institutions Can Shine On Global Stage

How Indian Institutions Can Shine On Global Stage

Rediff.com5 Dec 2025

The recipe for Indian higher education institutions to succeed in the global markets is excellence in academics, promoting contemporary socially relevant material, and enabling individuals (learners) to realise their full potential, suggests N Ravichandran.

CBI Arrests Lady Who Vanished Into Thin Air!

CBI Arrests Lady Who Vanished Into Thin Air!

Rediff.com17 Jul 2025

The CBI has arrested Mani M. Sekhar in a Rs 8 crore bank fraud case from Indore after a nearly two-decade manhunt.

How To Get Hired By India's $68 Bn GCCs

How To Get Hired By India's $68 Bn GCCs

Rediff.com17 Sep 2025

'Employers increasingly want candidates who can take AI pilots from proof-of-concept to production-ready systems.' 'That requires governance, monitoring, and ROI measurement -- skills that go beyond coding and into business impact.'

BFSI sector to add 2.5 lakh jobs by 2030

BFSI sector to add 2.5 lakh jobs by 2030

Rediff.com21 Aug 2025

India's BFSI sector is set for robust growth, with hiring projected to rise 8.7 per cent in 2025-26 and touch 10 per cent by 2030, creating nearly 2.5 lakh permanent jobs, a report said on Thursday. This growth in the Banking, Financial Services, and Insurance (BFSI) sector is being driven by rising demand in tier II and III cities, marking a clear shift from metro-centric recruitment.

Honeymoon murder: Sonam's brother takes part in last rites of Raghuvanshi

Honeymoon murder: Sonam's brother takes part in last rites of Raghuvanshi

Rediff.com14 Jun 2025

Sonam was arrested along with four others for allegedly killing her husband Raja while the couple was honeymooning in the picturesque north eastern state of Meghalaya.

Sundaram Brake & State Bank of Indore Q4 results

Sundaram Brake & State Bank of Indore Q4 results

Rediff.com5 May 2006

The bank has so far installed 214 ATMs, with all branches networked to more than 5,500 State Bank group ATMs throughout the country.

Flash floods claim 5 lives in Himachal, 3 in Jammu; red alert in Kerala

Flash floods claim 5 lives in Himachal, 3 in Jammu; red alert in Kerala

Rediff.com27 Jun 2025

While two bodies were recovered on Wednesday, the death toll climbed to four on Thursday after the recovery of two more bodies from the Indira Priyadarshini Hydroelectric project site in Kangra district.

The American Awarded A Padma Shri

The American Awarded A Padma Shri

Rediff.com22 Feb 2025

Sally Holkar left America and made India her home nearly 60 years ago. She went on a mission to revive a dying craft and changed the lives of rural weavers.

SBI to sell stake in associate banks

SBI to sell stake in associate banks

Rediff.com16 May 2006

State Bank of India will dilute its holding in the seven associate banks to 51 per cent once the Parliament enacts a law in this regard paving way for them to enter the capital market.

Women We Admire: India's Brave Ranis

Women We Admire: India's Brave Ranis

Rediff.com6 Mar 2025

This Women's Day Week, we pay tribute to the extraordinary courage, resilience, and leadership of three iconic Indian queens -- Rani Lakshmibai of Jhansi, Rani Chennamma of Kittur, and Maharani Ahilyabai Holkar of Malwa.

RBI open to merger of banks: Rajan

RBI open to merger of banks: Rajan

Rediff.com1 Apr 2014

The Reserve Bank released a report on 'Banking Structure in India -- The Way Forward' in August 2013, which covered issues such as consolidation of large-sized banks with a view to have a few global-sized banks and the desirability and practicality of having small, localised banks as preferred vehicles for financial inclusion.

'Mummy Was Truly Our Universe'

'Mummy Was Truly Our Universe'

Rediff.com12 May 2024

To share your Mother's Day story with us, please mail us at getahead@rediff.co.in (subject: Mother's Day) along with your name, the place where you live, your mother's name and picture and your message about your mom.

Bank employees begin nationwide strike

Bank employees begin nationwide strike

Rediff.com16 Dec 2009

Normal banking operations were affected on Wednesday as the Left-leaning bank employees went on a one-day nation-wide strike to protest the proposed merger of the State Bank of Indore with its parent SBI.

SBI merger to create banking powerhouse

SBI merger to create banking powerhouse

Rediff.com16 Jun 2016

Employee integration and branch rationalisation are major challenges.

Indore gets cleanest city tag for 4th time in a row

Indore gets cleanest city tag for 4th time in a row

Rediff.com20 Aug 2020

The second and third positions in the category were grabbed by Surat and Navi Mumbai respectively.

Govt may dilute stake in public banks by year-end

Govt may dilute stake in public banks by year-end

Rediff.com1 Aug 2014

State Bank of India is also expected to tap the markets this year

Kotak-ING Vysya Bank deal: First merger since global meltdown

Kotak-ING Vysya Bank deal: First merger since global meltdown

Rediff.com21 Nov 2014

Kotak Mahindra Bank's acquisition of ING Vysya Bank is the country's first ever amalgamation of a profit earning entity post the global financial meltdown in 2008.

First pilot of retail digital rupee in 4 cities on Dec 1

First pilot of retail digital rupee in 4 cities on Dec 1

Rediff.com29 Nov 2022

The Reserve Bank will launch the first pilot for retail digital rupee in Mumbai, New Delhi, Bengaluru and Bhubaneswar on December 1, and later expand it to nine more cities in the initial phase. This follows a month after the RBI had started a pilot in the digital rupee - wholesale segment on November 1. The Reserve Bank announces the launch of the first pilot for retail digital rupee (e?-R) on December 1, 2022, the central bank said in a statement on Tuesday.

Ram temple event marks 'muhurat' births, UP Muslim family names son Ram Rahim

Ram temple event marks 'muhurat' births, UP Muslim family names son Ram Rahim

Rediff.com22 Jan 2024

While 'Ram' and 'Sita' were the preferred names for many, a baby boy born to a Muslim family in the district hospital in Firozabad, Uttar Pradesh, was named Ram Rahim by his grandmother.

MP: Are Women Voters Shifting Loyalties?

MP: Are Women Voters Shifting Loyalties?

Rediff.com14 Nov 2023

'This time, triumph will belong to the brother who promises a brighter future, not the one who merely remembers his sisters during elections and then vanishes.'

MP man who had lived in HK, China detained after NIA tipoff

MP man who had lived in HK, China detained after NIA tipoff

Rediff.com28 Feb 2023

Madhya Pradesh Home Minister Narottam Mishra said the Indore Police apprehended the man, named Sarfaraz, following an input from the National Investigation Agency (NIA) and he was being questioned.

e-Rupee: RBI creates Rs 1.71 crore of digital currency for retail pilot

e-Rupee: RBI creates Rs 1.71 crore of digital currency for retail pilot

Rediff.com2 Dec 2022

The pilot project for central bank digital currency (CBDC) in the retail segment went live on Thursday with the Reserve Bank of India (RBI) issuing Rs 1.71 crore to four participating banks based on their indents. The central bank has identified four banks for the first phase of the pilot - State Bank of India, ICICI Bank, Yes Bank and IDFC First Bank - in four cities, Mumbai, New Delhi, Bengaluru and Bhubaneswar. The highest indent was received from one private sector bank.

MP court closes pension scam case against BJP leader Vijayvargiya

MP court closes pension scam case against BJP leader Vijayvargiya

Rediff.com2 Sep 2022

Complainant KK Mishra -- chairman of the MP Congress's media department -- has now moved the high court against the delay in the grant of sanction.

How note ban hits trade: Indore's Sarafa Bazar loses shine

How note ban hits trade: Indore's Sarafa Bazar loses shine

Rediff.com1 Dec 2016

In the second of a six-part series, Sanjay Jog of Business Standard walks across the streets of Indore to find out how it has been hit by demonetisation.

29 key assembly seats in MP to watch for!

29 key assembly seats in MP to watch for!

Rediff.com9 Oct 2023

As Madhya Pradesh goes to polls, all eyes will be on 29 key assembly seats, out of the total 230, where the contest will be keenly watched.

SBI kicks off merger of subsidiaries

SBI kicks off merger of subsidiaries

Rediff.com27 Aug 2007

State Bank of Saurashtra first to merge with SBI

Country celebrates historic Ram temple consecration with religious zeal

Country celebrates historic Ram temple consecration with religious zeal

Rediff.com23 Jan 2024

Several states declared a holiday for schools, while government offices, other establishments and public sector banks remained closed for half a day.

SBI associates plan strike on Sept 27

SBI associates plan strike on Sept 27

Rediff.com21 Sep 2007

The all India strike would be observed by employees of State Bank of Patiala, State Bank of Travancore, State Bank of Mysore, State Bank of Hyderabad, State Bank of Indore and State Bank of Bikaner and Jaipur.

5,275 wilful defaulters (+ Mallya) owe banks Rs 56,621 crore

5,275 wilful defaulters (+ Mallya) owe banks Rs 56,621 crore

Rediff.com18 Mar 2016

India's five leading wilful defaulters are Winsome Diamonds & Jewellery Ltd and associate Forever Precious Jewellery & Diamonds, Zoom Developers, Kingfisher Airlines, Beta Naphthol and Raza Textiles

MP man shoots dead 2 persons after argument over pet dogs

MP man shoots dead 2 persons after argument over pet dogs

Rediff.com18 Aug 2023

A man and his brother-in-law were killed and six others, including a pregnant woman, were injured when a person who works as a bank security guard opened fire on them from his double-barrel gun after an altercation over pet dogs in Indore city of Madhya Pradesh, the police said on Friday.