News for 'apex bank'

India's Forex Reserves Dip by $4.92 Billion Amidst Fall in FCA, Gold

India's Forex Reserves Dip by $4.92 Billion Amidst Fall in FCA, Gold

Rediff.com18 Sep 2026

India's foreign exchange reserves decreased by $4.92 billion to $780.78 billion for the week ending September 11, primarily due to a reduction in foreign currency assets and gold reserves, as per the latest RBI data.

India's Forex Reserves Drop by $8.58 Billion to $726 Billion

India's Forex Reserves Drop by $8.58 Billion to $726 Billion

Rediff.com16 Oct 2026

India's foreign exchange reserves experienced a notable decline of USD 8.578 billion, settling at USD 726.027 billion for the week ending October 9, marking a continued downward trend from their September peak.

SC upholds Bombay HC order quashing Yes Bank's Rs 8,415 cr AT-1 bonds' write-off

SC upholds Bombay HC order quashing Yes Bank's Rs 8,415 cr AT-1 bonds' write-off

Rediff.com15 Oct 2026

The Supreme Court has upheld the Bombay High Court's decision to quash the Yes Bank administrator's write-off of Rs 8,415 crore worth of Additional Tier 1 (AT-1) bonds, criticising the RBI and Yes Bank's conduct.

India's Forex Reserves Plunge by $18.34 Billion

India's Forex Reserves Plunge by $18.34 Billion

Rediff.com2 Oct 2026

India's foreign exchange reserves experienced a substantial drop of USD 18.343 billion, settling at USD 747.557 billion for the week ending September 25, according to the Reserve Bank of India.

India's Forex Kitty Soars to New All-Time High of $740.8 Billion

India's Forex Kitty Soars to New All-Time High of $740.8 Billion

Rediff.com4 Sep 2026

India's foreign exchange reserves surged by USD 11.475 billion to a new record high of USD 740.803 billion for the week ended August 28, driven by the RBI's concessional forex swap initiatives.

India's Forex Kitty Soars to All-Time High of $729.3 Billion

India's Forex Kitty Soars to All-Time High of $729.3 Billion

Rediff.com28 Aug 2026

India's foreign exchange reserves have surged by $12.42 billion, reaching a new all-time high of $729.33 billion for the week ended August 21, driven by increases in foreign currency assets and gold reserves.

India's Forex Kitty Swells by $9.9 Billion to $716.9 Billion

India's Forex Kitty Swells by $9.9 Billion to $716.9 Billion

Rediff.com21 Aug 2026

India's foreign exchange reserves increased by $9.9 billion to $716.9 billion for the week ended August 14, as reported by the Reserve Bank of India (RBI). This surge follows a previous jump of $14.14 billion in the week prior, indicating a robust recovery after a period of decline earlier this year.

Forex Reserves See Massive $14.14 Billion Jump to $707 Billion

Forex Reserves See Massive $14.14 Billion Jump to $707 Billion

Rediff.com14 Aug 2026

India's foreign exchange reserves saw one of their largest weekly expansions, surging by USD 14.136 billion to reach USD 707.002 billion during the week ended August 7, according to the Reserve Bank of India.

India's Forex Reserves Surge to New Lifetime High of $785.71 Billion

India's Forex Reserves Surge to New Lifetime High of $785.71 Billion

Rediff.com12 Sep 2026

India's foreign exchange reserves have surged by a record USD 44.903 billion to a new lifetime high of USD 785.706 billion for the week ended September 4, driven by the Reserve Bank of India's concessional forex swap initiatives.

India's Forex Kitty Swells by $10.5 Billion to $692.87 Billion

India's Forex Kitty Swells by $10.5 Billion to $692.87 Billion

Rediff.com7 Aug 2026

India's foreign exchange reserves saw a significant increase of $10.512 billion, reaching $692.866 billion for the week ending July 31, driven by a rise in foreign currency assets and gold reserves.

'Every penny must reach temple treasury': SC on Banke Bihari donations

'Every penny must reach temple treasury': SC on Banke Bihari donations

Rediff.com26 Aug 2026

The Supreme Court has issued a directive for the Shri Banke Bihari Temple in Vrindavan, mandating that all donations must be deposited into official donation boxes or the online temple treasury. This comes amidst serious allegations of sevayats siphoning off funds and obstructing online donation methods, highlighting the need for a transparent mechanism in temple management.

India's Forex Reserves Jump by $6.12 Billion to $682.35 Billion

India's Forex Reserves Jump by $6.12 Billion to $682.35 Billion

Rediff.com31 Jul 2026

India's foreign exchange reserves increased by USD 6.118 billion, reaching USD 682.354 billion for the week ending July 24, according to the Reserve Bank of India.

India's Forex Kitty Jumps $964 Million to $675.15 Billion

India's Forex Kitty Jumps $964 Million to $675.15 Billion

Rediff.com17 Jul 2026

India's foreign exchange reserves increased by USD 964 million to USD 675.157 billion in the week ending July 10, according to the Reserve Bank of India.

Forex Reserves Climb to $676.24 Billion Amidst Global Volatility

Forex Reserves Climb to $676.24 Billion Amidst Global Volatility

Rediff.com24 Jul 2026

India's foreign exchange reserves increased by USD 1.08 billion to USD 676.237 billion for the week ended July 17, primarily due to a significant rise in foreign currency assets, despite a drop in gold reserves.

India's Forex Reserves Jump by $7.26 Billion to $674.19 Billion

India's Forex Reserves Jump by $7.26 Billion to $674.19 Billion

Rediff.com10 Jul 2026

India's foreign exchange reserves increased by USD 7.26 billion to USD 674.193 billion for the week ending July 3, as reported by the Reserve Bank of India. This surge follows a previous week's drop and comes after Prime Minister Narendra Modi's appeals to conserve forex.

India's Forex Kitty Drops by $5.65 Billion to $666.93 Billion

India's Forex Kitty Drops by $5.65 Billion to $666.93 Billion

Rediff.com3 Jul 2026

India's foreign exchange reserves saw a significant drop of USD 5.654 billion, settling at USD 666.933 billion for the week ending June 26, following interventions by the RBI and public appeals by Prime Minister Narendra Modi to conserve forex.

India's forex reserves rise by 963 mn to $672.59 billion

India's forex reserves rise by 963 mn to $672.59 billion

Rediff.com26 Jun 2026

India's foreign exchange reserves saw an increase of USD 963 million, reaching USD 672.587 billion for the week ending June 19, as reported by the RBI. This rise follows a previous week's drop. While foreign currency assets decreased, the value of gold reserves significantly increased, contributing to the overall growth.

India's Forex Reserves Decline by Nearly $10 Billion

India's Forex Reserves Decline by Nearly $10 Billion

Rediff.com19 Jun 2026

India's foreign exchange reserves saw a substantial decline of USD 9.985 billion, reaching USD 671.625 billion for the week ended June 12, primarily driven by a sharp decrease in gold reserves, according to the Reserve Bank of India (RBI).

'Your place is in jail': SC slams Rajpal Yadav in cheque bounce case

'Your place is in jail': SC slams Rajpal Yadav in cheque bounce case

Rediff.com5 Oct 2026

The Supreme Court has strongly criticised actor Rajpal Yadav for his failure to deposit money as per an undertaking in a long-running cheque-bounce case. The court expressed displeasure over the non-compliance despite previous directives and warned of serious consequences, including potential jail time, if the payment is not made promptly.

SIT finds currency was removed 105 times from Ram temple counting room

SIT finds currency was removed 105 times from Ram temple counting room

Rediff.com22 Sep 2026

The Supreme Court has noted that the Special Investigation Team (SIT) probing alleged embezzlement at the Ram temple in Ayodhya identified 105 instances of unauthorised currency removal from the counting room. While no discrepancies were found in valuable articles like silver bricks, eight accused have been identified, and a chargesheet is expected soon. The investigation involved examining CCTV footage, financial records, and witness statements.

UPI MDR: 75% Of Merchants May Be Unaffected

UPI MDR: 75% Of Merchants May Be Unaffected

Rediff.com25 Sep 2026

75% of India's 60 million digital-payment merchants have never recorded a transaction above 2,000.

SC refuses to stay MDR on UPI, seeks govt's response

SC refuses to stay MDR on UPI, seeks govt's response

Rediff.com28 Sep 2026

The Supreme Court has refused to grant an interim stay on the imposition of Merchant Discount Rate (MDR) on UPI person-to-merchant transactions exceeding Rs 2,000, which is set to take effect from October 15. The court has agreed to examine the challenge to this new fee and has issued notices to the Centre, RBI, and NPCI, seeking their responses within four weeks. A Public Interest Litigation (PIL) argues that the levy lacks statutory safeguards, transparency, and public consultation, and could adversely affect merchants and consumers.

India's Forex Kitty Jumps $938 Million to $682 Billion

India's Forex Kitty Jumps $938 Million to $682 Billion

Rediff.com5 Jun 2026

India's foreign exchange reserves increased by USD 938 million to USD 682.321 billion during the week ended May 28, according to the Reserve Bank of India, following a previous week's drop.

35 Years On, SC Quashes FERA Case Against Standard Chartered Bank

35 Years On, SC Quashes FERA Case Against Standard Chartered Bank

Rediff.com22 Jul 2026

The Supreme Court of India has quashed criminal proceedings against Standard Chartered Bank and one of its officers in a 1991-92 Foreign Exchange Regulation Act (FERA) case, citing an extraordinary 23-year delay in prosecution and the Enforcement Directorate's failure to comply with mandatory procedural safeguards.

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.

India's Forex Reserves Drop by $8 Billion to $688.894 Billion

India's Forex Reserves Drop by $8 Billion to $688.894 Billion

Rediff.com22 May 2026

India's foreign exchange reserves saw a significant drop of USD 8.094 billion, settling at USD 688.894 billion for the week ending May 15, as the Reserve Bank of India intervened in the forex market and global events like the Middle East conflict impacted the rupee.

Calcutta HC grants interim protection for Abhishek Banerjee in 3 cases

Calcutta HC grants interim protection for Abhishek Banerjee in 3 cases

Rediff.com25 Aug 2026

The Calcutta High Court has extended interim protection for TMC MP Abhishek Banerjee until November 30, directing police not to take coercive steps in three criminal cases, stating that custodial interrogation is not necessary.

Interstate ATM Theft Racket Busted In Meghalaya

Interstate ATM Theft Racket Busted In Meghalaya

Rediff.com29 Apr 2026

Police in Meghalaya have busted an interstate ATM theft racket, arresting six individuals in connection with a break-in at a bank ATM in the Ri-Bhoi district.

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.

SC seeks Centre's report on implementation of NEET reforms

SC seeks Centre's report on implementation of NEET reforms

Rediff.com19 Aug 2026

The Supreme Court has directed the Centre to submit an affidavit detailing the steps taken to implement the recommendations of the Radhakrishnan panel and the Nandan Nilekani committee for institutionalising reforms in the National Testing Agency (NTA) and improving NEET exam processes.

India's Forex Reserves Surge Past $703 Billion

India's Forex Reserves Surge Past $703 Billion

Rediff.com24 Apr 2026

India's foreign exchange reserves increased by USD 2.362 billion to reach USD 703.308 billion for the week ending April 17, as reported by the Reserve Bank of India (RBI).

SC to hear on Aug 31 Abhishek Banerjee aide's plea in land-grabbing case

SC to hear on Aug 31 Abhishek Banerjee aide's plea in land-grabbing case

Rediff.com28 Aug 2026

The Supreme Court has listed for hearing on August 31 an appeal of Sumit Roy, personal assistant to Trinamool Congress MP Abhishek Banerjee, challenging the August 6 order of the Calcutta high court denying him pre-arrest bail in the Salboni land-grabbing case.

India's Forex Reserves Surge Past $700 Billion

India's Forex Reserves Surge Past $700 Billion

Rediff.com17 Apr 2026

India's foreign exchange reserves have surged by $3.825 billion to reach $700.946 billion as of April 10, marking a significant milestone for the country's financial stability.

India's Forex Reserves Jump by $9 Billion, Nearing Record High

India's Forex Reserves Jump by $9 Billion, Nearing Record High

Rediff.com10 Apr 2026

India's foreign exchange reserves saw a substantial increase of USD 9.063 billion, reaching USD 697.121 billion for the week ended April 3, 2026, according to the Reserve Bank of India (RBI). This surge follows a previous week's decline and brings the reserves closer to their all-time high.

Forex reserves drop by $10.29 billion to $688.06 billion

Forex reserves drop by $10.29 billion to $688.06 billion

Rediff.com3 Apr 2026

India's foreign exchange reserves decreased by USD 10.288 billion to USD 688.058 billion during the week ending March 27, according to the Reserve Bank of India (RBI). This decline follows a previous decrease and comes after the reserves reached an all-time high in February.

India's forex reserves drop $7 bn to $709.76 bn

India's forex reserves drop $7 bn to $709.76 bn

Rediff.com20 Mar 2026

India's foreign exchange reserves decreased by USD 7.052 billion to USD 709.759 billion in the week ending March 13, according to the Reserve Bank of India (RBI). This decline follows a previous drop and comes after reserves reached an all-time high in February.

India's forex reserves drop $11.41 billion to $698.346 billion

India's forex reserves drop $11.41 billion to $698.346 billion

Rediff.com28 Mar 2026

India's foreign exchange reserves decreased by USD 11.413 billion to USD 698.346 billion during the week ending March 20, primarily due to a significant reduction in gold reserves, according to the Reserve Bank of India (RBI).

India's Forex Reserves Fall by $7.5 Billion to $681.38 Billion

India's Forex Reserves Fall by $7.5 Billion to $681.38 Billion

Rediff.com29 May 2026

India's foreign exchange reserves saw a significant drop of USD 7.511 billion, settling at USD 681.384 billion for the week ending May 22, as the Reserve Bank of India intervened in the forex market due to rupee pressure and the lingering effects of the Middle East conflict.

India's Forex Reserves Surge to a Historic Peak of $728.5 Bn

India's Forex Reserves Surge to a Historic Peak of $728.5 Bn

Rediff.com6 Mar 2026

India's foreign exchange reserves have surged to an all-time high, reaching USD 728.494 billion, according to the Reserve Bank of India. This increase is attributed to a rise in foreign currency assets and gold reserves.