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News for 'Union Bank of India and Central Bank of India'

Budget 2026: Prez Murmu offers 'Dahi-Cheeni' to Sitharaman

Budget 2026: Prez Murmu offers 'Dahi-Cheeni' to Sitharaman

Rediff.com1 Feb 2026

Sitharaman continues with the tradition she set in 2019, carrying the budget speech in a 'bahi-khata', which she used after dropping the briefcase tradition.

How BSE, NSE will likely perform this week

How BSE, NSE will likely perform this week

Rediff.com25 Jan 2026

Stock market is gearing up for an eventful week ahead where key triggers such as quarterly earnings from corporates, the US Fed interest rate decision and the upcoming Union Budget for 2026-27 would grab the limelight, analysts said.

BJP-TMC clash dominates as Bengal heads into final phase voting

BJP-TMC clash dominates as Bengal heads into final phase voting

Rediff.com28 Apr 2026

The campaign for the current election cycle ended on Monday as canvassing for the final phase in West Bengal concluded with a bitter war of words between rival parties over cross-border infiltration, corruption, unemployment and the Special Intensive Revision (SIR) of electoral rolls.

Anil Ambani appears before ED in bank loan 'fraud' case

Anil Ambani appears before ED in bank loan 'fraud' case

Rediff.com5 Aug 2025

Reliance Group Chairman Anil Ambani on Tuesday appeared before the Enforcement Directorate here for questioning in a money laundering case linked to alleged multiple bank loan fraud cases worth crores of rupees against his group companies, official sources said.

Will Vijay Be Tamil Nadu's Showstopper?

Will Vijay Be Tamil Nadu's Showstopper?

Rediff.com21 Apr 2026

Whether he comes to power or not, both his admirers and opponents agree on one thing -- Vijay may well turn out to be the 'X factor'.

Punjab Governor Highlights Aadhaar's Role in Governance and Welfare

Punjab Governor Highlights Aadhaar's Role in Governance and Welfare

Rediff.com24 Mar 2026

Punjab Governor Gulab Chand Kataria emphasised the importance of Aadhaar in promoting good governance, transparency, and ease of living, highlighting its role in ensuring welfare benefits reach the intended recipients and strengthening the rural economy through Direct Benefit Transfer.

M&M, Manulife to form life insurance JV with 7,200 crore investment

M&M, Manulife to form life insurance JV with 7,200 crore investment

Rediff.com14 Nov 2025

Canadian firm Manulife and Mahindra & Mahindra (M&M), an Indian automaker with interests in financial services, have signed an agreement to form a 50:50 life insurance joint venture (JV) with a total capital commitment of up to Rs 3,600 crore each totalling Rs 7,200 crore.

Kerala heads to key polls: 2.71 cr voters to decide LDF-UDF-NDA contest

Kerala heads to key polls: 2.71 cr voters to decide LDF-UDF-NDA contest

Rediff.com9 Apr 2026

Kerala is set to hold its Assembly election, with the ruling LDF aiming for a historic third term, the UDF seeking a comeback, and the NDA striving to gain a foothold in the state's political landscape.

Maoist Surrenders Signal Insurgency's Endgame

Maoist Surrenders Signal Insurgency's Endgame

Rediff.com31 Mar 2026

As the March 31 deadline arrives, a wave of Maoist surrenders suggests insurgency's end, but political and social concerns remain.

Will Bull Run In PSU Banks Continue?

Will Bull Run In PSU Banks Continue?

Rediff.com6 Mar 2024

>It's not easy to predict the market. But there are at least two positive factors to back the PSU banks, explains Tamal Bandyopadhyay.

Anil Ambani, ADAG slapped fresh notices on PIL over fraud

Anil Ambani, ADAG slapped fresh notices on PIL over fraud

Rediff.com23 Jan 2026

The Supreme Court on Friday issued fresh notices to Anil Ambani and the Anil Dhirubhai Ambani Group (ADAG) on a PIL seeking a court-monitored probe into alleged massive banking and corporate fraud involving the firm and its group companies.

Will Gold Price Cross 2 Lakhs In 2026?

Will Gold Price Cross 2 Lakhs In 2026?

Rediff.com23 Jan 2026

'A breakout above 158,000 to 160,000 could trigger the next leg higher toward 165,000 to 170,000.'

Amit Shah calls for unified ATS structure for police across India

Amit Shah calls for unified ATS structure for police across India

Rediff.com27 Dec 2025

Union Home Minister Amit Shah emphasizes the need for a unified anti-terrorism structure and a strong anti-terrorism grid across India to effectively counter terror attacks. He also announced a new plan to combat organized crime.

New Challenges Facing Banks

New Challenges Facing Banks

Rediff.com28 Feb 2024

As the fight for deposits intensifies, the cost of money will rise and the margin will be under further pressure, points out Tamal Bandyopadhyay.

RBI Governor Shaktikanta Das is top central banker for 2nd straight year

RBI Governor Shaktikanta Das is top central banker for 2nd straight year

Rediff.com21 Aug 2024

Reserve Bank of India Governor Shaktikanta Das has been ranked as the top central banker globally for the second consecutive year by US-based Global Finance magazine. "Happy to announce that for the 2nd consecutive year, RBI Governor @DasShaktikanta has been rated 'A+', in the Global Finance Central Banker Report Cards 2024," the RBI said in a post on X.

Abhishek Banerjee Accuses BJP of Political Games, Challenges Amit Shah to Public Debate

Abhishek Banerjee Accuses BJP of Political Games, Challenges Amit Shah to Public Debate

Rediff.com8 Mar 2026

TMC leader Abhishek Banerjee challenges Amit Shah to a debate on governance, accusing the BJP of political manipulation and misrepresenting West Bengal's financial situation. He also criticised the BJP's record on women's safety and alleged the Centre was withholding funds from West Bengal.

Shaheed Diwas 2026: PM Modi Leads Tribute to Bhagat Singh, Rajguru and Sukhdev

Shaheed Diwas 2026: PM Modi Leads Tribute to Bhagat Singh, Rajguru and Sukhdev

Rediff.com23 Mar 2026

Shaheed Diwas 2026: India observes Martyrs' Day on March 23, marking 95 years since Bhagat Singh, Rajguru and Sukhdev were hanged by the British in 1931. PM Modi leads tributes. History, significance, quotes and how the nation is remembering the martyrs today.

Budget At Economic Crossroads

Budget At Economic Crossroads

Rediff.com30 Jan 2026

'We believe the truth is in the middle, and that India is at an important crossroads.'

West Bengal Polls: Mamata Banerjee Can't Underestimate BJP

West Bengal Polls: Mamata Banerjee Can't Underestimate BJP

Rediff.com18 Apr 2026

This election is different. It is no longer simply about governance or welfare. It is about identity, fear, and who belongs. The BJP has successfully shifted the terms of the debate from what the government has delivered to who the real Bengali is and who is an outsider, points out Ramesh Menon.

Agencies flag 'crypto hawala' pipeline funding terror in J-K

Agencies flag 'crypto hawala' pipeline funding terror in J-K

Rediff.com18 Jan 2026

Mirroring the traditional hawala system, where money is sent through non-banking channels, this digital version uses the anonymity of unregulated cryptocurrency to erase the financial trail and inject cash into the domestic economy.

Budget 2026: What will Nirmala Sitharaman do?

Budget 2026: What will Nirmala Sitharaman do?

Rediff.com1 Feb 2026

Finance Minister Nirmala Sitharaman's biggest challenge will be to find a new growth driver, particularly against the backdrop of a global economy ravaged by heightened uncertainty and fragmentation, financial markets on a precipice, and global commodity prices on a continued uptrend.

Shah plotting to spark unrest, impose President's rule in Bengal: Mamata

Shah plotting to spark unrest, impose President's rule in Bengal: Mamata

Rediff.com2 Apr 2026

West Bengal Chief Minister Mamata Banerjee has criticised the Election Commission for allegedly failing to protect judicial officers involved in electoral roll revisions in Malda district. She accused the EC of lacking control over law and order and enabling the BJP's alleged attempts to disrupt the election process.

Know This About The 2027 Census

Know This About The 2027 Census

Rediff.com2 Feb 2026

2027's housing census trims questions but adds digital-age indicators like Internet and smartphones.

Budget 2026: What The Fiscal Numbers Show

Budget 2026: What The Fiscal Numbers Show

Rediff.com12 Feb 2026

The idea of back-loading the target of fiscal consolidation is perhaps guided by the government's desire to be prepared for any adverse developments in the coming year, points out A K Bhattacharya.

Key Maoist Leader Surrenders, Marking Progress in Chhattisgarh's Anti-Insurgency Efforts

Key Maoist Leader Surrenders, Marking Progress in Chhattisgarh's Anti-Insurgency Efforts

Rediff.com24 Mar 2026

A senior Maoist commander, Papa Rao, surrendered with his team in Chhattisgarh, signalling a significant blow to Left-Wing Extremism in the region. This event underscores the impact of sustained security pressure and rehabilitation efforts on the Maoist movement.

ED wants speedy trial against P Chidambaram in PMLA cases

ED wants speedy trial against P Chidambaram in PMLA cases

Rediff.com26 Feb 2026

The Enforcement Directorate (ED) is seeking an expedited trial against Congress leader P Chidambaram in the Aircel-Maxis and INX Media money laundering cases, having submitted the required prosecution sanction to the court.

Vijayan Rebuts Rahul Gandhi's LDF-BJP Collusion Allegations in Kerala

Vijayan Rebuts Rahul Gandhi's LDF-BJP Collusion Allegations in Kerala

Rediff.com26 Mar 2026

Kerala Chief Minister Pinarayi Vijayan has strongly refuted Rahul Gandhi's claims of collusion between the LDF and BJP in the upcoming Kerala Assembly elections, accusing the Congress leader and his party of being the BJP's 'B-team'. The Congress has retaliated, alleging that Vijayan is trying to appease Prime Minister Modi and Home Minister Shah.

Banks hike NRE, FCNR deposit rates

Banks hike NRE, FCNR deposit rates

Rediff.com2 Jan 2007

ICICI Bank, Union Bank of India, Central Bank of India and Dena Bank have all hiked interest rates on NRE and FCNR fixed deposits from January 1.

Eight govt banks to get new CMDs this year

Eight govt banks to get new CMDs this year

Rediff.com27 Apr 2011

Executive directors from different banks are eligible to be promoted to the post of chairman and managing director.

Exports up in first 3 weeks of Nov: Goyal

Exports up in first 3 weeks of Nov: Goyal

Rediff.com26 Nov 2025

India's merchandise exports grew in the first three weeks of November compared with the same period last year, according to preliminary government data, Commerce and Industry Minister Piyush Goyal said on Tuesday. The uptick comes despite globa

Antwerp court clears fugitive jeweller Mehul Choksi's extradition

Antwerp court clears fugitive jeweller Mehul Choksi's extradition

Rediff.com18 Oct 2025

A court in Antwerp on Friday cleared the extradition of fugitive diamantaire Mehul Choksi, noting that his arrest by the Belgian authorities on India's request was valid, officials in the know of the development said.

Will Dream Run For Banks Continue?

Will Dream Run For Banks Continue?

Rediff.com20 Jun 2023

It won't be easy for the banking sector to better its performance every quarter, predicts Tamal Bandyopadhyay.

Why US-China Face-Off Is Advantage India

Why US-China Face-Off Is Advantage India

Rediff.com29 Oct 2025

Amid US-China trade tensions and economic vulnerabilities, India must seize the 'China +1' opportunity, deepen reforms, secure FTAs, and globalise its firms for long-term growth, suggests Ajay Shah.

Revealed: Our Banks' Financial Health

Revealed: Our Banks' Financial Health

Rediff.com12 May 2022

We'll need to wait a couple of years to see how many restructured loans turn bad and whether some banks fall victim to their obsession for growth, explains Tamal Bandyopadhyay.

SC asks CBI to probe digital arrest scams nationwide

SC asks CBI to probe digital arrest scams nationwide

Rediff.com1 Dec 2025

The Supreme Court has directed the CBI to conduct a pan-India investigation into digital arrest scams and questioned the RBI about its lack of AI usage in detecting and freezing accounts used by cybercriminals.

SC seeks replies from Centre, CBI, ED, Anil Ambani on PIL

SC seeks replies from Centre, CBI, ED, Anil Ambani on PIL

Rediff.com18 Nov 2025

In a significant development, the Supreme Court on Tuesday sought responses from the Centre, CBI, ED, Anil Ambani and the Anil Dhirubhai Ambani Group (ADAG) on a PIL seeking a court-monitored probe into alleged massive banking and corporate fraud involving the ADAG and its group companies.

A long-game Budget

A long-game Budget

Rediff.com2 Feb 2026

The Union Budget for 2026-27, presented by Finance Minister (FM) Nirmala Sitharaman on Sunday, which was a first, had an excellent domestic macro backdrop. According to the first advance estimates, gross domestic product (GDP) in constant prices is projected to grow 7.4 per cent in the current financial year, against 6.5 per cent in 2024-25.

Kremlin Didn't Know About Modi Gesture

Kremlin Didn't Know About Modi Gesture

Rediff.com5 Dec 2025

The Russians have termed Putin's visit to India, his first to this country since the outbreak of the Russia-Ukraine war, as 'Druzhba Dosti', which means 'friendship' in Russian and Hindi respectively.

Profits: Govt banks ahead of private banks

Profits: Govt banks ahead of private banks

Rediff.com24 Jun 2021

Not all public sector banks are back in the black, but their collective net profit for the year is Rs 32,346 crore against a Rs 9,013 crore loss in the previous year, points out Tamal Bandyopadhyay.

How Winter Session Sets Stage For Budget

How Winter Session Sets Stage For Budget

Rediff.com5 Jan 2026

Three laws passed in Parliament could boost central revenues, reshape GST cess flows, shift MGNREGA costs to states and create new budget headroom ahead of the 2026-2027 Union Budget, points out A K Bhattacharya.

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