News for 'United Bank'

Stock markets today: Sensex, Nifty slide as global cues weaken, foreign funds exit

Stock markets today: Sensex, Nifty slide as global cues weaken, foreign funds exit

Rediff.com4 Jun 2026

Indian benchmark indices Sensex and Nifty experienced a decline in early trade, mirroring weak global market trends and persistent outflows from foreign institutional investors (FIIs), exacerbated by ongoing geopolitical uncertainties in West Asia.

Women's T20 World Cup: India's opening balance the key against Pakistan

Women's T20 World Cup: India's opening balance the key against Pakistan

Rediff.com13 Jun 2026

India, led by Harmanpreet Kaur, will rely heavily on openers Smriti Mandhana and Shafali Verma to perform against a challenging Pakistan side in their ICC Women's T20 World Cup campaign opener.

Panagariya: Don't Fear Rs 100 Dollar

Panagariya: Don't Fear Rs 100 Dollar

Rediff.com22 May 2026

'100 is just a number, like 99 and 101.'

Argentina, Brazil, Germany win friendlies days before World Cup kick-off

Argentina, Brazil, Germany win friendlies days before World Cup kick-off

Rediff.com7 Jun 2026

Multi-champions Brazil, Argentina and Germany all won their preparatory games for the 2026 FIFA World Cup on Saturday, although by small margins, with former champion England and hopeful Portugal also securing victories.

India's Forex Reserves Jump by $6.29 Billion to $696.99 Billion

India's Forex Reserves Jump by $6.29 Billion to $696.99 Billion

Rediff.com15 May 2026

India's foreign exchange reserves saw a significant increase of USD 6.295 billion, reaching USD 696.988 billion for the week ending May 8, as reported by the Reserve Bank of India.

Delhi Government Orders Audit Of Key Industrial Zones

Delhi Government Orders Audit Of Key Industrial Zones

Rediff.com8 Jun 2026

The Delhi government has announced a comprehensive audit of the Narela and Bawana industrial areas, covering the period from 2011-12 to 2025-26. The audit, initiated by the DSIIDC, aims to identify financial irregularities, fund diversions, and their financial impact within these public-private partnership projects.

Stock markets today: Sensex, Nifty down on US-Iran tensions, oil price

Stock markets today: Sensex, Nifty down on US-Iran tensions, oil price

Rediff.com11 Jun 2026

Indian stock market benchmark indices, Sensex and Nifty, experienced declines in early trade due to escalating tensions between the US and Iran, which led to a surge in crude oil prices and weak global equity trends.

Delhi fire: Trip to see ailing relative turns fatal for 3

Delhi fire: Trip to see ailing relative turns fatal for 3

Rediff.com4 Jun 2026

A routine visit to Delhi turned into a devastating tragedy for a Rajasthan family, losing three members along with five Gurugram relatives in the Malviya Nagar guest house fire. The incident, which claimed 21 lives, highlights severe safety lapses at the five-floor building.

The Doctor Who Saved Thousands Of Babies

The Doctor Who Saved Thousands Of Babies

Rediff.com19 Jun 2026

Thousands and thousands and thousands of adults owe their lives to the commitment and medical fervour of Dr Armida Fernandez, who a grateful nation honoured with the Padma Shri this year.

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.

India's fertiliser subsidy bill set to double to Rs 3.4 trillion in FY27

India's fertiliser subsidy bill set to double to Rs 3.4 trillion in FY27

Rediff.com17 Jun 2026

India's Central government is likely to see its fertiliser subsidy bill double to a record 3.4 trillion in FY27, up from the Budget estimate of 1.7 trillion, due to surging global fertiliser prices exacerbated by the West Asia war. This significant increase, coupled with revenue losses from excise duty cuts for oil-marketing companies, is straining the government's fiscal space, though capital expenditure plans remain unchanged.

'Job Market Is Collapsing Like Pack Of Cards'

'Job Market Is Collapsing Like Pack Of Cards'

Rediff.com5 Jun 2026

'You have seen the retrenchments by big corporates in the IT industry because they are not getting enough offers.' 'MSMEs in the manufacturing sector are really struggling. They do not know what to do. They are not able to predict what will happen tomorrow.'

Jwala Gutta Donates 60 Litres Of Breast Milk

Jwala Gutta Donates 60 Litres Of Breast Milk

Rediff.com15 May 2026

Badminton player Jwala Gutta is raising awareness about the importance of breast milk donation, revealing she donated nearly 60 litres to hospitals in Hyderabad and Chennai.

Stock Markets Today: Sensex, Nifty Rally on US-Iran Peace Deal

Stock Markets Today: Sensex, Nifty Rally on US-Iran Peace Deal

Rediff.com12 Jun 2026

Indian benchmark indices Sensex and Nifty surged significantly in early trade, tracking a global rally fueled by US President Donald Trump's declaration of an end to the war with Iran and a subsequent drop in crude oil prices.

Rise of India Adds New Twist to Women's T20 World Cup

Rise of India Adds New Twist to Women's T20 World Cup

Rediff.com11 Jun 2026

The ICC Women's T20 World Cup 2026 begins in England with Australia chasing a seventh title and India targeting a historic double. England, South Africa and New Zealand add to what promises to be the most competitive edition yet.

How Godman Used Black Magic To Extort Millions: ED Probe

How Godman Used Black Magic To Extort Millions: ED Probe

Rediff.com21 May 2026

Self-proclaimed godman Ashok Kharat, accused of portraying himself as Lord Shiva and using black magic to extort money from victims, has been arrested by the Enforcement Directorate.

Man United bank on De Ligt-Mazraoui duo for success

Man United bank on De Ligt-Mazraoui duo for success

Rediff.com16 Aug 2024

The defenders signed contracts on Tuesday from Bayern Munich making United their third team together, and they could both feature in the squad's season opener on Friday against Fulham at Old Trafford.

Banking services impacted as unions go on nationwide strike

Banking services impacted as unions go on nationwide strike

Rediff.com27 Jan 2026

Banking operations at public sector banks across the country were impacted on Tuesday as the United Forum of Bank Unions (UFBU) went on nationwide strike demanding the immediate implementation of a five-day work week.

India's Demerger Trend Soars: Over $40 Billion in Deals in 2025

India's Demerger Trend Soars: Over $40 Billion in Deals in 2025

Rediff.com4 Jun 2026

Indian companies are increasingly opting for demergers, with 29 deals valued at over $40 billion in 2025 alone, marking a 10-year high, as promoters and boards recognise that markets favour focused businesses over complex conglomerates.

SBI's Q4 Profit Jumps 6% to Rs 19,684 Crore as Bad Loans Decline

SBI's Q4 Profit Jumps 6% to Rs 19,684 Crore as Bad Loans Decline

Rediff.com8 May 2026

State Bank of India (SBI) reported a 6 per cent increase in standalone net profit to Rs 19,684 crore for the fourth quarter ended March 2026, driven by a significant decline in bad loans.

TCS case: Victim 'forced' to watch videos of Islamic clerics

TCS case: Victim 'forced' to watch videos of Islamic clerics

Rediff.com5 Jun 2026

The videos were shown so that the woman could learn about Islam, she said in her statement, which is part of the chargesheet submitted in a Nashik court last week.

Make Iran pay: US weighs using frozen assets for Gulf reconstruction

Make Iran pay: US weighs using frozen assets for Gulf reconstruction

Rediff.com7 Jun 2026

A source familiar with US Treasury Secretary Scott Bessent's thinking revealed on Saturday that the department "intends to utilise all available authorities to make Iranian assets accessible for rebuilding and repair efforts related to any future damage inflicted by Iran."

Didn't know full Vande Mataram would be sung: Satheesan

Didn't know full Vande Mataram would be sung: Satheesan

Rediff.com20 May 2026

Kerala Chief Minister V D Satheesan addressed the controversy surrounding the full rendition of Vande Mataram during the UDF government's swearing-in ceremony, stating that neither he nor his colleagues were informed beforehand. The issue has sparked political debate, with the CPI(M) criticising the move and the BJP accusing the Communists of insulting the national song.

India joins global condemnation of Israeli actions in West Bank

India joins global condemnation of Israeli actions in West Bank

Rediff.com19 Feb 2026

India has joined over 100 countries and global organizations in condemning Israel's "unilateral" decisions and measures aimed at expanding its "unlawful presence" in the West Bank.

How RBI Fights Rupee Fall

How RBI Fights Rupee Fall

Rediff.com12 May 2026

The central bank is yet to consider actions such as a rate hike or mobilising dollar inflows from non-resident Indians to boost forex reserves as it cannot afford to continue with them for long when the rupee's internationalisation tops its agenda, explains Tamal Bandyopadhyay.

RIL's Q4 Profit Falls 12.5% Due to Energy Crisis, Jio Platforms Reports 13% Growth

RIL's Q4 Profit Falls 12.5% Due to Energy Crisis, Jio Platforms Reports 13% Growth

Rediff.com24 Apr 2026

Reliance Industries Ltd reported a 12.5 per cent fall in its March quarter net profit, primarily impacted by the global energy crisis affecting its oil and chemicals business, while its consumer-facing Jio Platforms unit saw a 13 per cent increase in profit after tax.

India's Forex Reserves Drop by $7.79 Billion to $690.69 Billion

India's Forex Reserves Drop by $7.79 Billion to $690.69 Billion

Rediff.com8 May 2026

India's foreign exchange reserves saw a significant drop of USD 7.794 billion, settling at USD 690.693 billion for the week ending May 1, as reported by the RBI, reflecting the impact of global events and central bank interventions.

Multi-Crore Deposit Scam Unravels In Karnataka: Key Developments

Multi-Crore Deposit Scam Unravels In Karnataka: Key Developments

Rediff.com17 May 2026

Police in Karnataka have arrested an individual running a firm accused of operating a multi-crore deposit scam, attracting investments with promises of high returns. The case involves Shivaanand S Neelanavar and his firm Shivam Associates, also known as Acumen, who allegedly failed to return money to depositors after promising a 36 per cent annual return.

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.

Multi-Crore Deposit Scam Unravels In Karnataka

Multi-Crore Deposit Scam Unravels In Karnataka

Rediff.com17 May 2026

Police in Belagavi, Karnataka, have arrested the operator of Shivam Associates, accused of running a multi-crore Ponzi scheme that promised high returns to depositors. The case has been registered under the BUDS Act and KPID Act, and will be transferred to the CID for further investigation.

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.

United Bank of India to cut base rate

United Bank of India to cut base rate

Rediff.com15 Jan 2015

United Bank of India said it would cut its base rate by 25 basis points to 10 percent from February 1, after the Reserve Bank of India itself cut rates in a surprise inter-meeting move.

Inflation, weak rupee drag Indian markets lower; fuel price hike adds to concerns

Inflation, weak rupee drag Indian markets lower; fuel price hike adds to concerns

Rediff.com15 May 2026

Indian benchmark equity indices, Sensex and Nifty, closed lower due to investor caution over rising bond yields, a weaker rupee, and fresh fuel price hikes, which have revived inflation concerns.

Can India complete historic double at women's T20 WC?

Can India complete historic double at women's T20 WC?

Rediff.com9 Jun 2026

The 10th edition of the ICC Women's T20 World Cup, starting on June 12 in England, offers several exciting possibilities. Take a look at the contenders and challengers.

India's M&A market resilient, poised for $200 billion annual run-rate

India's M&A market resilient, poised for $200 billion annual run-rate

Rediff.com11 May 2026

India's mergers and acquisitions (M&A) market is projected to maintain an annual run-rate of approximately $200 billion, evenly split between domestic, inbound, and outbound transactions, despite global geopolitical turbulence, according to Rajesh Singhi, global co-head, M&A Advisory, Standard Chartered Bank.

India needs world-class banks; in talks with RBI, lenders: Sitharaman

India needs world-class banks; in talks with RBI, lenders: Sitharaman

Rediff.com6 Nov 2025

Finance Minister Nirmala Sitharaman on Thursday said the country needs big and world-class banks, and discussions are on with the Reserve Bank and lenders in this regard.

The Man Who Left Rashtrapati Bhavan To Live In A Hut

The Man Who Left Rashtrapati Bhavan To Live In A Hut

Rediff.com11 Jun 2026

After living in India's most palatial residence for 12 years, India's first President Dr Rajendra Prasad returned to his simple hut on the banks of the Ganga. He never owned a house of his lifetime.

Siddhesh Lad-led Maratha Royals unveil 'Royal Roar' jersey in Mumbai

Siddhesh Lad-led Maratha Royals unveil 'Royal Roar' jersey in Mumbai

Rediff.com28 May 2026

Defending champions MSC Maratha Royals unveiled their new 'Royal Roar' jersey ahead of the T20 Mumbai League 2026, blending tiger-inspired design, Mumbai street culture and fearless championship ambition.

Iran, Israel trade strikes for 1st time since truce; raising war fears

Iran, Israel trade strikes for 1st time since truce; raising war fears

Rediff.com8 Jun 2026

Tensions in West Asia have dramatically escalated as Israel launched targeted military operations against Iran, triggering widespread blasts across strategic cities, following earlier Iranian projectile attacks on Israel.

RBI Governor Signals Action If Iran War Leads To Entrenched Inflation

RBI Governor Signals Action If Iran War Leads To Entrenched Inflation

Rediff.com14 May 2026

'If the war continue for a longer period of time, it is just a matter of time before the government will pass on some of the price increases.'