An email threatening missile and bomb attacks on the Maharashtra Vidhan Bhavan and other key locations in Mumbai prompted a security alert and extensive searches.
Bank employees' unions have decided go on a day-long strike on January 7 across the country to press for a wage hike. Bank unions have also threatened to go on strike on multiple days later this month if their demand is not accepted.
Amid growing concerns over artificial intelligence (AI) disrupting jobs, top technology industry leaders have a clear message for employees -- "stay calm and upskill".
Normal banking operations like cheque clearance in public sector banks across the country are likely to be hit on Wednesday as employees have decided to go on one-day nation-wide strike to press for wage revision.
An email threatening missile and bomb attacks on the Maharashtra Vidhan Bhavan and other key locations in Mumbai triggered a security alert, prompting extensive searches and heightened security measures.
8 out of 12 public sector banks have seen cuts in the number of employees between 2021 and 2025.
Over 8.5 lakh employees, majorly from public sector banks (PSBs), will get a 15 per cent hike in pay, with the conclusion of the 11th Bipartite Wage Negotiations on Wednesday. After three years of intense negotiations, the UFBU, which represents four bank officer associations and five workman unions, and the IBA on July 22 entered into a memorandum of understanding (MoU) for an annual wage hike of 15 per cent.
The country's largest private sector lender HDFC Bank does not see its use of artificial intelligence leading to any layoffs, a top company official has said.
Banks will be able to give loans to Indian companies for acquiring the entire equity stake or a controlling part of it in domestic or foreign firms as strategic investment that creates long-term value rather than for short-term financial restructuring if the Reserve Bank of India's (RBI's) draft circular, issued on Friday, comes to fruition.
India's market regulator has found that Bank of America shared confidential details ahead of a 2024 block trade and later misled regulators during the investigation.
rediffGURU Pankaj Vyavahare, career counsellor and life coach, explains how you can survive in the age of AI.
India's main inflation measure, the Consumer Price Index (CPI), is set for another major update, even though it has been in its current form for only about 15 years.
Employees of public sector banks have called off the strike planned on February 25 and 26
'Corporates now have multiple funding sources beyond banks, and many are sitting on large cash reserves.'
'India is often skipping legacy cycles and moving directly to advanced AI-driven operations.'
Bank employees want a five day work week.
A 25-year-old man died after falling into an unprotected pit dug by the Delhi Jal Board in Janakpuri, Delhi. Police have registered a case of culpable homicide against the contractor and officials of the Delhi Jal Board.
Investors and startup executives are calling for extending the period for an entity to be recognised as a startup from 10 to 15 years for deep-tech companies.
State-owned banks are prioritising local language skills in their hiring to improve customer service and reduce language barriers.
The Supreme Court on Monday sought response from the CBI on a bail plea filed by former DHFL promoter Kapil Wadhawan in an alleged Rs 34,926 crore bank fraud case. A bench of Justices JK Maheshwari and Vijay Bishnoi issued notice to the agency and sought its response.
'Do exhaustive research and then select the one that best fits your budget and requirements.'
The IDFC First Bank Engineering Scholarship covers the actual annual fee or Rs 1,00,000 per year, whichever is lower.
A 26-year-old bank employee died after falling off a motorcycle and being run over by a truck in Bengaluru. The accident was allegedly caused by a pothole-ridden road.
Ecommerce (ecom) and quick commerce (qcom) platforms are expected to lead gig worker hiring in calendar year 2026 (CY26), adding nearly 1 million workers on the back of sustained demand for last-mile deliveries, higher order volumes, and continued expansion of dark stores into non-metropolitan cities, industry experts have said.
Delhi Police have arrested a labourer for allegedly failing to report a biker's fall into a pit in Janakpuri, which led to the biker's death. The subcontractor involved was also arrested.
Public-sector banks (PSBs) are attracting the attention of investors and the PSU Bank Index has gained nearly 10 per cent in the past month. PSBs have seen return on assets (RoA) climbing to 1 per cent in 2024-2025 (FY25) and margins are believed to have moved up further in the first half of this financial year (H1FY26) with asset quality remaining stable.
'As the team builds, each of them will bring in a different perspective, new thinking.'
At a time when the finance ministry is focusing on addressing employee grievances, the number of employees in most public-sector banks (PSBs) has declined over the last three financial years.
The Pakistan Cricket Board (PCB) could face massive financial losses if the ICC's all-powerful governing board decides to penalise them for refusing to play the T20 World Cup match against India on February 15 in Colombo.
The size or turnover of a company, or even the salary package offered, no longer prevents employees from quitting, notices rediffGURU Pradeep Pramanik.
He urged employees to work as a team, follow the vision the lender has set out for itself and beat competition.
EPF doesn't just build your retirement fund -- it also provides free life insurance up to Rs 7 lakh under the EDLI scheme.
It will enable real-time intel sharing among banks and other financial sector participants to strengthen customer protection against digital fraud.
'Given that the population is almost evenly split, the Indian economy cannot grow without women participating in the workforce.' 'While women's participation has increased, it is still well below 40 per cent,' says Kartik Narayan, CEO of the professional networking and jobs platform, Apna.
'Raising the entire amount in one go may not be prudent, given the market dynamics.'
A nationwide strike called by trade unions to protest against the central government's labor policies had a mixed impact across India. While normal life remained largely unaffected in most parts of the country, some sectors like banking, transport, and insurance experienced disruptions. Sporadic incidents of violence were reported in West Bengal.
Budget 2026 sticks to fiscal discipline, shuns populist measures despite five key state elections coming up, but ends up rattling stock markets with a higher transaction tax on derivatives trading.
Infosys has opened a new development centre at Gujarat International Finance Tec-City (GIFT City), Gandhinagar, to develop solutions for global Banking, Financial Services, and Insurance (BFSI) clients.
Vijay Kumar, the bank manager, was shot inside the premises on Thursday morning and died on the way to hospital.
With a scramble for deposits at the end of financial year, banks are using every possible trick to boost employee performance.
