News for 'State Bank of'

Man Held For Credit Card Fraud In Delhi

Man Held For Credit Card Fraud In Delhi

Rediff.com11 May 2026

Delhi Police have arrested a man from Bihar for allegedly committing credit card fraud of Rs 3.99 lakh. The accused used stolen credentials to make purchases through the victim's e-commerce account.

Chess Grandmaster Abhijeet Gupta Gets Assurance On Prize-Money

Chess Grandmaster Abhijeet Gupta Gets Assurance On Prize-Money

Rediff.com9 May 2026

Grandmaster Abhijeet Gupta, frustrated by delays in receiving prize money for winning the Odisha Open, has been assured by the All India Chess Federation that the issue will be resolved and his dues cleared.

Enforcement Directorate Freezes Accounts in IDFC Bank-Linked Money Laundering Probe

Enforcement Directorate Freezes Accounts in IDFC Bank-Linked Money Laundering Probe

Rediff.com13 Mar 2026

The Enforcement Directorate has frozen 90 bank accounts following searches related to the alleged siphoning of Rs 590 crore of Haryana government funds through IDFC First Bank, involving shell companies and bogus billing for gold purchases.

How Paytm Can Benefit From PPBL Licence Cancellation

How Paytm Can Benefit From PPBL Licence Cancellation

Rediff.com27 Apr 2026

Bernstein brokerage firm maintains 'Outperform' rating for Paytm, stating the PPBL licence cancellation will not impact Paytm's business and may open new regulatory opportunities.

Stock markets today: Sensex, Nifty slump on fresh West Asia tensions, oil price

Stock markets today: Sensex, Nifty slump on fresh West Asia tensions, oil price

Rediff.com5 days ago

Indian benchmark indices Sensex and Nifty experienced a significant slump in early trade, mirroring weak global trends, as escalating tensions in West Asia, particularly a drone attack on the UAE's Barakah nuclear facility, pushed crude oil prices higher. Track Sensex, Nifty50 movement and key market drivers for May 18, 2026.

Axis Bank Fined for Poor Service After Failed ATM Withdrawal

Axis Bank Fined for Poor Service After Failed ATM Withdrawal

Rediff.com15 Mar 2026

A consumer commission in Nagpur, Maharashtra, has penalised Axis Bank for deficiency in service, ordering a refund and compensation to a customer over a failed ATM transaction from 2018.

Iran War May Push Markets Into Bear Cycle

Iran War May Push Markets Into Bear Cycle

Rediff.com14 May 2026

Markets face risk of a prolonged bear phase as oil shocks and geopolitical tensions test inflation, growth and investor confidence globally, points out Debashis Basu.

HDFC Bank Shares Tumble 7.5%, Rs 1 Trn Mcap Wiped Out

HDFC Bank Shares Tumble 7.5%, Rs 1 Trn Mcap Wiped Out

Rediff.com21 Mar 2026

Governance uncertainty and leadership visibility gap are likely to keep the stock under pressure in the near term, said Nomura in a report.

Delhi Driver Arrested For Siphoning Funds From Elderly Patient

Delhi Driver Arrested For Siphoning Funds From Elderly Patient

Rediff.com11 May 2026

A 39-year-old driver in Delhi, employed by a family for 15 years, has been arrested for allegedly exploiting an elderly Alzheimer's patient and siphoning off Rs 2.57 lakh through unauthorised UPI transactions.

Banking system liquidity surplus shrinks to Rs 16,875 cr, lowest since Jan 22

Banking system liquidity surplus shrinks to Rs 16,875 cr, lowest since Jan 22

Rediff.com22 Mar 2026

The net liquidity surplus in the banking system fell to Rs 16,875 crore on Thursday the latest data by the Reserve Bank of India (RBI) showed, lowest since 22 January.

Why Jefferies Remains Bullish On Paytm's Growth

Why Jefferies Remains Bullish On Paytm's Growth

Rediff.com27 Apr 2026

Global brokerage firm Jefferies has reiterated its 'Buy' rating on Paytm, stating that the company's growth engine and profitability will remain intact despite regulatory action on its associate entity Paytm Payments Bank Ltd (PPBL). The company has maintained its price target of Rs 1,350, implying an 18 per cent upside.

Dentist Arrested For Crooked Property Deals In Delhi

Dentist Arrested For Crooked Property Deals In Delhi

Rediff.com14 May 2026

A dentist in Delhi, accused of defrauding multiple people of over Rs 1 crore through fraudulent property deals, has been arrested after being on the run for seven months.

Four Sentenced in Bank of India Forged Letter of Credit Case

Four Sentenced in Bank of India Forged Letter of Credit Case

Rediff.com18 Mar 2026

A special CBI court in Mumbai has sentenced four individuals to imprisonment for their involvement in a 2012 case where the Bank of India suffered a loss of over Rs 3 crore due to a forged Letter of Credit.

Abhijeet Gupta Seeks Intervention Over Unpaid Prize Money

Abhijeet Gupta Seeks Intervention Over Unpaid Prize Money

Rediff.com9 May 2026

Grandmaster Abhijeet Gupta is struggling to receive his prize money from the Odisha Open, prompting him to seek intervention from the Sports Ministry after repeated assurances from organisers yielded no payment.

Sujit Bose Arrested In West Bengal Recruitment Scam

Sujit Bose Arrested In West Bengal Recruitment Scam

Rediff.com11 May 2026

Former West Bengal minister Sujit Bose has been arrested by the Enforcement Directorate in connection with a money laundering case linked to an alleged municipality recruitment scam.

Key Myanmar Drug Trafficker Arrested In Delhi

Key Myanmar Drug Trafficker Arrested In Delhi

Rediff.com6 days ago

The Narcotics Control Bureau (NCB) has arrested a major Myanmar-based drug trafficker in Delhi, who was a key supplier of methamphetamine and heroin. The arrest follows extensive surveillance and coordinated operations targeting transnational drug trafficking networks along the India-Myanmar border.

Sensex closed 283 points higher on buying in bank, metal shares

Sensex closed 283 points higher on buying in bank, metal shares

Rediff.com18 Feb 2026

Benchmark equity indices Sensex and Nifty extended their gains for the third straight session on Wednesday, driven by last-hour buying in bank, metal, and FMCG shares.

Modi Slams TMC for Allegedly Protecting Infiltrators to Preserve Vote Bank

Modi Slams TMC for Allegedly Protecting Infiltrators to Preserve Vote Bank

Rediff.com14 Mar 2026

Prime Minister Narendra Modi has accused the TMC of opposing the SIR exercise to protect its vote bank of infiltrators, alleging that unchecked illegal immigration under its rule in West Bengal has altered the demography of many areas.

Why Was Ex-Minister Sujit Bose Sent To ED Custody?

Why Was Ex-Minister Sujit Bose Sent To ED Custody?

Rediff.com12 May 2026

A city court has remanded former West Bengal minister Sujit Bose to Enforcement Directorate (ED) custody until May 21 in connection with the alleged municipal recruitment scam. Bose, a Trinamool Congress leader, was arrested after questioning and is accused of concealing information and making contradictory statements.

Digital Access, Data Governance Remain Challenges For India's DPI

Digital Access, Data Governance Remain Challenges For India's DPI

Rediff.com8 May 2026

Chief Economic Advisor V Anantha Nageswaran highlights the challenges of digital access, data governance, interoperability, and cyber security in India's digital public infrastructure (DPI), despite its world-class scale.

ED Arrests Gameskraft Founders In Money Laundering Probe

ED Arrests Gameskraft Founders In Money Laundering Probe

Rediff.com8 May 2026

The Enforcement Directorate (ED) has arrested three founders of online gaming platform Gameskraft in connection with a money laundering case linked to alleged fraud.

'In India Politics Has Taken Over Business'

'In India Politics Has Taken Over Business'

Rediff.com3 days ago

'When we start describing somebody as an enemy that is the start of politics and emotion after which no business can take place.' 'We need to get out of this, allow Indian businessmen to do business with China.'

'Prison Can Make Or Break A Person'

'Prison Can Make Or Break A Person'

Rediff.com3 days ago

After spending 31 months in Chennai's Puzhal prison, Ahmed Buhari is finally breathing free, as courts across the country quashed proceedings linked to his group company Coastal Energy.

How TCS Is Building The 'Infrastructure Of Intelligence'

How TCS Is Building The 'Infrastructure Of Intelligence'

Rediff.com7 days ago

Tata Consultancy Services (TCS) is focusing on building AI infrastructure, including India's first AI-focused data centre, as AI becomes a core operating foundation for enterprises globally.

Delhi Police Nab Sextortion Racket Kingpin From Mewat

Delhi Police Nab Sextortion Racket Kingpin From Mewat

Rediff.com6 May 2026

Delhi Police have arrested Abas Khan, the alleged kingpin of a sextortion racket, from Rajasthan's Mewat region for allegedly duping a 21-year-old man of Rs 2.52 lakh through a fake video call and blackmail.

UPI Transactions Soar To 314 Lakh Crore In FY26

UPI Transactions Soar To 314 Lakh Crore In FY26

Rediff.com30 Apr 2026

Unified Payments Interface (UPI) has reached a record Rs 314 lakh crore in transaction value in FY26, representing more than a 4,000-fold increase since inception.

Geopolitical Tensions, Rupee at Record Low Weigh on Market Sentiment

Geopolitical Tensions, Rupee at Record Low Weigh on Market Sentiment

Rediff.com5 May 2026

Indian benchmark indices Sensex and Nifty experienced a decline due to renewed geopolitical concerns in the Strait of Hormuz, a strained US-Iran ceasefire, and the rupee hitting a record low against the US dollar.

Bank of India Held Liable for ATM Fraud, Ordered to Pay Compensation

Bank of India Held Liable for ATM Fraud, Ordered to Pay Compensation

Rediff.com9 Mar 2026

The State Consumer Disputes Redressal Commission has directed Bank of India to compensate a senior citizen for losses incurred due to unauthorized ATM transactions, citing deficiency in service and failure to adhere to security protocols.

IDFC Bank Fraud Case: 11 Arrested in Haryana Government Funds Diversion Probe

IDFC Bank Fraud Case: 11 Arrested in Haryana Government Funds Diversion Probe

Rediff.com12 Mar 2026

Haryana State Vigilance and Anti-Corruption Bureau arrests 11 individuals, including bank employees and a government official, in connection with a fraud case involving IDFC First Bank and the illegal diversion of government funds.

Another Arrest Made In Jharkhand Treasury Scam

Another Arrest Made In Jharkhand Treasury Scam

Rediff.com5 May 2026

The Jharkhand Criminal Investigation Department (CID) has arrested another person in connection with the alleged Hazaribag treasury scam, bringing the total number of arrests to six. The investigation, ordered by the Jharkhand government, focuses on the illegal withdrawal of money from the Hazaribagh Treasury. A Special Investigation Team (SIT) has been formed to handle the case.

Sensex bounces back on buying in metal, bank stocks

Sensex bounces back on buying in metal, bank stocks

Rediff.com27 Jan 2026

Equity benchmark indices Sensex and Nifty ended higher in highly volatile trade on Tuesday, buoyed by heavy buying in bank and metal stocks, a firm trend in global markets and optimism over India-EU FTA. The 30-share BSE Sensex climbed 319.78 points, or 0.39 per cent, to settle at 81,857.48.

Delhi Police Arrests Consultant In Immigration Fraud Case

Delhi Police Arrests Consultant In Immigration Fraud Case

Rediff.com6 days ago

Delhi Police have arrested an immigration consultant accused of defrauding a woman of approximately Rs 1.83 crore by falsely promising Canadian immigration through a business investment programme.

UPI Transactions Surge To 22.35 Billion In April

UPI Transactions Surge To 22.35 Billion In April

Rediff.com4 May 2026

UPI transactions reached 22.35 billion in April, marking a 25 per cent increase compared to April 2025. UPI now accounts for 85 per cent of all digital transactions in India and is live in eight countries.

Odisha Police Bust IPL Betting Racket, Five Apprehended

Odisha Police Bust IPL Betting Racket, Five Apprehended

Rediff.com3 May 2026

Odisha Police busted an IPL betting racket in Rajgangpur, Sundargarh district, arresting five individuals and seizing cash and frozen funds.

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.

Gaya's Vishnupad Corridor Project: 'Vikas Nahi, Vinash Hai'

Gaya's Vishnupad Corridor Project: 'Vikas Nahi, Vinash Hai'

Rediff.com7 days ago

Priests see red over the Rs 2,390 crore project to overhaul infrastructure around one of Bihar's most significant pilgrimage site, particularly for those performing pind daan.

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.

VB-G RAM G Act from July 1, MGNREGA to be repealed

VB-G RAM G Act from July 1, MGNREGA to be repealed

Rediff.com11 May 2026

The Centre has announced that the Viksit Bharat -- Guarantee for Rozgar and Ajeevika Mission (Gramin) Act will come into force across the country from July 1, replacing the Mahatma Gandhi National Rural Employment Guarantee Act.

Six Arrested For Robbing IAS Academy Director In Bhopal

Six Arrested For Robbing IAS Academy Director In Bhopal

Rediff.com3 May 2026

Six individuals have been arrested in Bhopal for allegedly robbing the director of an IAS coaching institute of Rs 1.89 crore after holding her captive for two days. The accused lured the director to Bhopal under the guise of opening a new centre and organising a seminar, before holding her hostage and forcing her to transfer funds.

NCP Leader Rupali Chakankar Grilled Over Godman Links

NCP Leader Rupali Chakankar Grilled Over Godman Links

Rediff.com10 May 2026

NCP leader Rupali Chakankar appeared before a special investigation team (SIT) for questioning regarding her alleged association with self-styled godman Ashok Kharat, who is under arrest in rape and sexual exploitation cases. Chakankar, who resigned as the state women's panel chief, has pledged full cooperation with the probe.