News for 'State Bank'

West Bengal Enhances Border Security, Targets Infiltrators

West Bengal Enhances Border Security, Targets Infiltrators

Rediff.com20 May 2026

West Bengal Chief Minister Suvendu Adhikari has announced a new border security initiative, including land transfer to the BSF and a 'detect, delete and deport' policy targeting infiltrators.

Meta, LinkedIn Announce Major Job Cuts Amid AI Restructuring Push

Meta, LinkedIn Announce Major Job Cuts Amid AI Restructuring Push

Rediff.com20 May 2026

Major US technology companies, Meta and LinkedIn, are undergoing significant workforce restructuring, with Meta planning to lay off 8,000 employees while shifting 7,000 into AI-focused roles, and LinkedIn cutting over 600 jobs across various departments.

How Mumbai Police Halted 101 Crore In Cyber Frauds

How Mumbai Police Halted 101 Crore In Cyber Frauds

Rediff.com20 May 2026

Mumbai Police's 1930 cyber helpline has successfully intercepted and frozen over 101 crore defrauded from citizens in the last five months, preventing significant financial losses.

Cyber Fraud Network Busted In Delhi, Two Arrested

Cyber Fraud Network Busted In Delhi, Two Arrested

Rediff.com25 Apr 2026

Delhi Police dismantled a cyber fraud facilitation network involving mule bank accounts and shell companies, arresting two dummy directors after detecting a fund flow of over Rs 16 crore within eight days.

Big verdict: No RTI for BCCI, rules CIC

Big verdict: No RTI for BCCI, rules CIC

Rediff.com18 May 2026

The Central Information Commission has ruled that the Board of Control for Cricket in India does not qualify as a 'public authority' under the Right to Information Act, effectively placing it outside the scope of RTI disclosures.

Trio Jailed For Life In Businessman's Dismemberment Case

Trio Jailed For Life In Businessman's Dismemberment Case

Rediff.com20 May 2026

An Indian court has sentenced three men to life imprisonment for the murder and dismemberment of a businessman in Bhubaneswar, after a trial lasting over 11 years.

CBI arrests Pune woman lecturer for leaking NEET-UG physics paper

CBI arrests Pune woman lecturer for leaking NEET-UG physics paper

Rediff.com22 May 2026

The CBI has arrested a Pune-based lecturer for allegedly leaking the physics paper of NEET UG 2026 to a select group of aspirants. The lecturer, employed with a Pune school, is termed as another 'source' for the paper leak. The CBI investigation continues with searches and analysis of seized documents.

Meerut Police Bust Illegal Telephone Exchange, Online Loan Fraud

Meerut Police Bust Illegal Telephone Exchange, Online Loan Fraud

Rediff.com21 May 2026

Police in Meerut, Uttar Pradesh, have dismantled an illegal telephone exchange allegedly used for revenue loss and an online fake loan racket, arresting three individuals and seizing a large quantity of equipment.

Stock markets end higher; ITC, banks lead recovery

Stock markets end higher; ITC, banks lead recovery

Rediff.com6 Feb 2026

Stock markets closed higher on Friday after the Reserve Bank of India kept its benchmark interest rate unchanged as expected and proposed allowing banks to lend to Real Estate Investment Trusts (REITs) with certain prudential safeguards to deepen the financing pool for the real estate sector.

Why Gold Loan Boom Needs Caution

Why Gold Loan Boom Needs Caution

Rediff.com11 May 2026

Rapid growth in personal gold loans has raised concerns over borrower leverage, large-ticket exposure and volatility in gold prices, points out Swaminathan J, Deputy Governor, Reserve Bank of India.

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.

RBI looks to ban sales incentive to bank staffers from third party

RBI looks to ban sales incentive to bank staffers from third party

Rediff.com12 Feb 2026

In a move aimed at curbing the mis-selling of financial products, the Reserve Bank of India (RBI) has proposed banning incentives paid to bank staffers by third parties such as insurance companies and mutual fund houses for selling their products and services. It has also proposed that banks must ensure their user interfaces do not deploy "dark patterns" to lure customers.

Technocrat-politician Ashok Lahiri to steer NITI Aayog with reform mandate

Technocrat-politician Ashok Lahiri to steer NITI Aayog with reform mandate

Rediff.com27 Apr 2026

Ashok Lahiri, a distinguished economist with experience in government, the private sector, and electoral politics, has been appointed as the new Vice-Chairman of NITI Aayog, tasked with strengthening India's reform trajectory and policy-making.

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.

Nepalese National Arrested With Illegal Charas In UP

Nepalese National Arrested With Illegal Charas In UP

Rediff.com13 May 2026

A Nepalese national was arrested near the Indo-Nepal border in Uttar Pradesh's Bahraich district with 4.66 kilograms of illegal charas worth about Rs 2.5 crore.

Sanjeev Arora Challenges Arrest By ED In Money Laundering Case

Sanjeev Arora Challenges Arrest By ED In Money Laundering Case

Rediff.com12 May 2026

Punjab Cabinet Minister Sanjeev Arora has challenged his arrest by the Enforcement Directorate (ED) under the Prevention of Money Laundering Act (PMLA), claiming it is illegal and unconstitutional. The Punjab and Haryana High Court heard arguments and adjourned the matter to May 14. Arora was arrested in connection with an alleged Rs 100-crore GST fraud-linked money laundering case.

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.

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.

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.

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.

Retail Inflation Edges Up to 3.48% in April on Costlier Jewellery, Kitchen Staples

Retail Inflation Edges Up to 3.48% in April on Costlier Jewellery, Kitchen Staples

Rediff.com13 May 2026

India's retail inflation, measured by the Consumer Price Index (CPI), increased to 3.48 per cent in April, up from 3.40 per cent in March, primarily due to a surge in prices of gold and silver jewellery, as well as certain kitchen staples like tomatoes and cauliflower.

How Jharkhand Police Uncovered SSC Exam Cheating Ring

How Jharkhand Police Uncovered SSC Exam Cheating Ring

Rediff.com22 May 2026

Jharkhand Police have arrested four individuals, including a candidate, for allegedly using high-tech methods to cheat during the SSC GD constable recruitment examination in Ranchi. The accused, all from Bihar, were caught attempting to hack computer systems at an online examination centre.

Court Discharges Rohit Pawar In MSCB Scam Case: Here's Why

Court Discharges Rohit Pawar In MSCB Scam Case: Here's Why

Rediff.com22 Apr 2026

A special court in Mumbai discharged NCP (SP) MLA Rohit Pawar and others in a case registered by the Enforcement Directorate concerning an alleged Rs 25,000 crore scam at the Maharashtra State Co-operative Bank (MSCB). The court stated that the money laundering case could not proceed without a predicate offence.

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.

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.

Court Rejects Plea Of Couple Accused In Rs 122-Crore Fraud

Court Rejects Plea Of Couple Accused In Rs 122-Crore Fraud

Rediff.com28 Apr 2026

A Mumbai court has rejected a plea by a couple, former officials of New India Co-operative Bank, accused of a Rs 122-crore fraud, to appear via video conferencing from the UK, deeming their request as showing 'huge abysmal entitlement'. The couple cited a 'hostile environment' and 'threats to their lives' if they returned to India.

Interstate Gang Busted In Telangana Jewellery Heist Case

Interstate Gang Busted In Telangana Jewellery Heist Case

Rediff.com14 May 2026

Police in Telangana have arrested three members of an interstate gang in connection with a major jewellery heist in Karimnagar city. The gang, guided by a jailed handler, stole gold and diamond ornaments worth Rs 82.02 lakh after injuring four employees.

NEET 2026 paper leak probe traced to MBBS student in Kerala

NEET 2026 paper leak probe traced to MBBS student in Kerala

Rediff.com13 May 2026

The source of a leaked NEET-UG 2024 guess paper has been traced to a medical student in Kerala, originally from Sikar, Rajasthan. The student shared the paper with friends and a hostel owner, leading to wider circulation and a subsequent investigation.

Kanpur Police Bust Cyber Fraud Syndicate, Arrest Eight

Kanpur Police Bust Cyber Fraud Syndicate, Arrest Eight

Rediff.com30 Apr 2026

Kanpur Police have dismantled a sophisticated cyber fraud syndicate, arresting eight individuals, including five bank officials, for facilitating mule accounts and hawala transactions worth Rs 125 crore.

Delhi Court Allows CBI To Produce Reliance Executive In Mumbai

Delhi Court Allows CBI To Produce Reliance Executive In Mumbai

Rediff.com29 Apr 2026

A Delhi court has granted the CBI's request to produce Amitabh Jhunjhunwala, a former executive of Reliance Anil Ambani Group (RAAG), before a Mumbai court in connection with an alleged bank loan fraud-linked money laundering case.

Stock Market Today: Sensex, Nifty50 Fall as Oil Price Surge and West Asia Conflict

Stock Market Today: Sensex, Nifty50 Fall as Oil Price Surge and West Asia Conflict

Rediff.com7 Apr 2026

Indian stock market indices Sensex and Nifty experienced a decline in early trade due to surging crude oil prices and ongoing geopolitical uncertainty in West Asia. Foreign fund outflows further contributed to the negative sentiment.

Ex-Company Officials Get Jail Term In IDBI Fraud Case

Ex-Company Officials Get Jail Term In IDBI Fraud Case

Rediff.com4 May 2026

A Delhi court has sentenced three former officials of a company to four years in jail for defrauding the Industrial Development Bank of India (IDBI). The court emphasised that leniency would undermine the justice system and public confidence in the law.

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.

IPL Betting Racket Busted; 12 Arrested In Andhra Pradesh

IPL Betting Racket Busted; 12 Arrested In Andhra Pradesh

Rediff.com22 Apr 2026

Police in Nellore district, Andhra Pradesh, have busted an organised online cricket betting racket, arresting 12 people and seizing cash, mobile phones, and a television. The syndicate operated through online platforms, using multiple bank accounts and PhonePe numbers for fund transfers.

Tensions flare as Palestinian FA chief snubs Israeli official at FIFA Congress

Tensions flare as Palestinian FA chief snubs Israeli official at FIFA Congress

Rediff.com1 May 2026

Palestinian soccer federation President Jibril Rajoub refused to stand alongside Israel FA Vice-President Basim Sheikh Suliman in a heated moment at the FIFA Congress on Thursday.

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.

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.

J-K Police Attach Assets Worth Over Rs 1.46 Crore From Drug Peddlers

J-K Police Attach Assets Worth Over Rs 1.46 Crore From Drug Peddlers

Rediff.com28 Apr 2026

Jammu and Kashmir Police attached properties worth over Rs 1.46 crore and froze bank accounts of four alleged drug peddlers in Samba district under the NDPS Act.