News for 'bank managers'

Volkswagen bets big on India, targets 5% market share

Volkswagen bets big on India, targets 5% market share

Rediff.com21 Apr 2026

koda Auto Volkswagen India aims to capture a 5 per cent share of India's passenger vehicle market by 2030, driven by new product launches, including alternate fuel vehicles, and a potential entry into the high-volume sub-4 metre SUV segment.

Value of CDs climbs to Rs 5.75 trn, rates cross 7% for marquee banks

Value of CDs climbs to Rs 5.75 trn, rates cross 7% for marquee banks

Rediff.com26 Jan 2026

Banks are depending more heavily on the market for certificates of deposit (CDs), whose worth climbed to a record Rs 5.75 trillion in the fortnight to January 15, owing to deposit tightness in the system.

Will FY27 Be The Year Of Equities?

Will FY27 Be The Year Of Equities?

Rediff.com3 Apr 2026

Fixed deposits from nationalised banks delivered higher returns than equities, outperforming both inflation and stock market benchmarks.

In Rs 1 trn urban fund, cities to get Rs 10K cr for capacity building, credit guarantee

In Rs 1 trn urban fund, cities to get Rs 10K cr for capacity building, credit guarantee

Rediff.com16 Apr 2026

The Indian government has launched the Urban Challenge Fund (UCF) with a total outlay of Rs 1 lakh crore, aiming to leverage private and market finance for urban infrastructure projects by providing state support in capacity building and credit guarantees.

UPI emerges as dominant payment method, drives 92% of transactions

UPI emerges as dominant payment method, drives 92% of transactions

Rediff.com26 Mar 2026

A new report indicates that UPI has become the dominant payment method for lenders, accounting for over 90% of transactions. The report also highlights trends in investment amounts, diversification strategies, and geographic participation in peer-to-peer lending.

RBI's New Rules: BIG Changes From April 1 for OTP, Cards, Online Payments

RBI's New Rules: BIG Changes From April 1 for OTP, Cards, Online Payments

Rediff.com1 Apr 2026

From April 1, 2026, the Reserve Bank of India's new authentication directions modernise how every digital payment you make must be verified -- and place the burden of security squarely on your bank, not on you.

Shah Accuses TMC of Jeopardising National Security Through Infiltration

Shah Accuses TMC of Jeopardising National Security Through Infiltration

Rediff.com28 Mar 2026

Union Home Minister Amit Shah has accused the TMC government in West Bengal of jeopardising national security through appeasement politics and allowing infiltration, framing the upcoming election as crucial for the country's security.

How AI Will Enhance Crime Tracking and Criminal Profiling in India

How AI Will Enhance Crime Tracking and Criminal Profiling in India

Rediff.com31 Mar 2026

The Indian government is integrating artificial intelligence into the Crime and Criminal Tracking Network & Systems (CCTNS) 2.0 to enhance crime tracking, criminal profiling, and predictive policing across the country.

Will Lucknow Super Giants Check Punjab Kings Charge?

Will Lucknow Super Giants Check Punjab Kings Charge?

Rediff.com18 Apr 2026

Punjab Kings, currently unbeaten, will rely on their strong batting lineup to maintain their winning streak against Lucknow Super Giants, who are concerned about Rishabh Pant's injury, in their upcoming IPL match.

Anil Ambani, Reliance Communications Face New CBI Case Over Alleged Rs 3,750 Crore LIC Loss

Anil Ambani, Reliance Communications Face New CBI Case Over Alleged Rs 3,750 Crore LIC Loss

Rediff.com1 Apr 2026

The CBI has registered a new case against Anil Ambani and Reliance Communications Ltd for allegedly causing a loss of Rs 3,750 crore to the Life Insurance Corporation (LIC) of India.

Online Share Trading Scam Costs Pune Doctor 1.2 Million

Online Share Trading Scam Costs Pune Doctor 1.2 Million

Rediff.com9 Apr 2026

A 75-year-old doctor from Pune was defrauded of Rs 12.31 crore in an online share trading scam after being coerced into making multiple investments by fraudsters.

CBDT Urged to Issue Master Circular

CBDT Urged to Issue Master Circular

Rediff.com13 Apr 2026

'In practical terms, a Master Circular is not merely desirable; it is a necessary transition tool to ensure that the promise of simplification under the Income-Tax Act, 2025, is fully realised.'

Pune Doctor Duped of 12.31 Crore in Online Share Trading Fraud

Pune Doctor Duped of 12.31 Crore in Online Share Trading Fraud

Rediff.com8 Apr 2026

A 75-year-old doctor in Pune was defrauded of 12.31 crore in an online share trading scam after being coerced into making multiple investments by fraudsters.

Why Were 3 HDFC Executives Asked To Leave?

Why Were 3 HDFC Executives Asked To Leave?

Rediff.com21 Mar 2026

The controversy involves mis-selling Credit Suisse AT-I bonds to NRIs as fixed-maturity instruments, later written off after collapse.

Enforcement Directorate Attaches 581 Crore Assets of Reliance Group Companies

Enforcement Directorate Attaches 581 Crore Assets of Reliance Group Companies

Rediff.com12 Mar 2026

The Enforcement Directorate (ED) has attached assets worth over 581 crore belonging to Reliance Home Finance Limited (RHFL) and Reliance Commercial Finance Limited (RCFL), companies of Reliance Group Chairman Anil Ambani, as part of an ongoing investigation.

Gold price volatility: Lenders demand more collateral or partial repayment if LTVs breached

Gold price volatility: Lenders demand more collateral or partial repayment if LTVs breached

Rediff.com3 Apr 2026

Lenders are actively monitoring gold price volatility, prompting them to ask borrowers for additional gold collateral or partial principal repayment when loan-to-value (LTV) thresholds are breached, particularly for loans disbursed in February.

$6-Billion Foreign Bet on India's Private Banks

$6-Billion Foreign Bet on India's Private Banks

Rediff.com12 Jan 2026

Cleaner balance sheets, regulatory support and strong growth prospects helped Indian private banks attract over $6 billion in foreign capital, with more deals expected in 2026.

Assets Attached in United Services Club Financial Fraud Investigation

Assets Attached in United Services Club Financial Fraud Investigation

Rediff.com23 Mar 2026

The Enforcement Directorate (ED) has provisionally attached assets worth approximately Rs 34.51 crore in connection with an alleged financial fraud involving the United Services Club in south Mumbai.

India Inc hits pause on factory expansion in March

India Inc hits pause on factory expansion in March

Rediff.com10 Apr 2026

India's new manufacturing project announcements more than halved in the fourth quarter of FY26, falling 60 per cent sequentially and 78 per cent year-on-year to approximately 1.7 trillion, driven by global uncertainties, geopolitical conflicts in West Asia, and existing unutilised manufacturing capacity.

Bihar Government Officers Under Scrutiny for Alleged Asset Discrepancies

Bihar Government Officers Under Scrutiny for Alleged Asset Discrepancies

Rediff.com31 Mar 2026

Two senior Bihar government officers are under investigation after the Economic Offences Unit (EOU) discovered property documents, cash deposits, and valuable items allegedly disproportionate to their known income.

Odisha Vigilance Apprehends Family Members in Rs 5.56 Crore Embezzlement Case

Odisha Vigilance Apprehends Family Members in Rs 5.56 Crore Embezzlement Case

Rediff.com19 Mar 2026

Odisha vigilance officers arrested the parents of a previously arrested banker, along with another individual, for allegedly embezzling Rs 5.56 crore in government funds in the Jajpur district. The accused are Pradip Kumar Mohanty, his wife Gitarani Mohanty, and Bishnu Prasad Dash. The funds were fraudulently diverted over six years.

Fakhar Zaman Banned for Two PSL Matches Over Ball Tampering

Fakhar Zaman Banned for Two PSL Matches Over Ball Tampering

Rediff.com31 Mar 2026

Pakistan opener Fakhar Zaman has been suspended for two Pakistan Super League (PSL) matches after being found guilty of breaching the code of conduct related to changing the condition of the ball during a match between Lahore Qalandars and Karachi Kings.

Builder Arrested in Chhattisgarh for Odisha DMF Fraud

Builder Arrested in Chhattisgarh for Odisha DMF Fraud

Rediff.com19 Mar 2026

Odisha Police's Economic Offence Wing (EOW) has arrested a builder from Chhattisgarh for his alleged involvement in swindling Rs 9.6 crore from the District Mineral Foundation (DMF) in Mayurbhanj.

R. Vaishali's Candidates Triumph: The Making Of A Chess Champion Through Family And Perseverance

R. Vaishali's Candidates Triumph: The Making Of A Chess Champion Through Family And Perseverance

Rediff.com16 Apr 2026

R. Vaishali, the newly-crowned Candidates champion, exemplifies quiet intensity and strong values, nurtured by a supportive family, as she prepares for the World Championship showdown against Ju Wenjun.

The Rediff Podcast: Stay Invested When Markets Fall: Swati Khemani

The Rediff Podcast: Stay Invested When Markets Fall: Swati Khemani

Rediff.com2 Apr 2026

'Portfolios built in these phases often deliver the strongest outcomes over time.'

Cyber Fraud Ring Busted: 11 Arrested in Delhi, Mumbai Operation

Cyber Fraud Ring Busted: 11 Arrested in Delhi, Mumbai Operation

Rediff.com24 Mar 2026

Delhi Police have arrested 11 individuals involved in a cyber fraud racket operating from Delhi and Mumbai, which allegedly defrauded a senior citizen of over Rs 22 lakh with promises of high investment returns. The network is linked to international operators in Cambodia.

ED Intensifies Probe, Attaches 581 Crore in Reliance Group Assets

ED Intensifies Probe, Attaches 581 Crore in Reliance Group Assets

Rediff.com12 Mar 2026

The Enforcement Directorate (ED) has attached fresh assets worth over 581 crore belonging to Reliance Group companies, RHFL and RCFL, as part of its ongoing money laundering investigation.

Bank loan books report healthy growth in Q2

Bank loan books report healthy growth in Q2

Rediff.com31 Oct 2025

The pickup was driven partly by fresh corporate investment but more by higher working-capital demand.

Vishwaguru stands exposed: Cong mocks Modi over Pak-brokered Iran truce

Vishwaguru stands exposed: Cong mocks Modi over Pak-brokered Iran truce

Rediff.com8 Apr 2026

The Congress party has criticised Prime Minister Narendra Modi's diplomatic efforts following the ceasefire agreement between the US and Iran, facilitated in part by Pakistan. The party claims this development undermines Modi's strategy and exposes his perceived failures in foreign policy.

The Rediff Podcast: Stay Invested When Markets Fall: Swati Khemani

The Rediff Podcast: Stay Invested When Markets Fall: Swati Khemani

Rediff.com1 Apr 2026

'Portfolios built in these phases often deliver the strongest outcomes over time.'

TMC Leader Banerjee Criticises Modi Government's Economic Policies

TMC Leader Banerjee Criticises Modi Government's Economic Policies

Rediff.com3 Apr 2026

Senior TMC leader Abhishek Banerjee criticised the Modi government's economic policies, citing rising prices and hardships caused by demonetisation and lockdown measures during an election rally in West Bengal.

Remittances from West Asia see 20-30% jump in March due to conflict

Remittances from West Asia see 20-30% jump in March due to conflict

Rediff.com20 Mar 2026

Remittances from West Asia in March rose sharply amid the conflict in the region, with industry insiders estimating inflows to be 20-30 per cent higher than what is usual in a month.

Banks 'resilient' but face stiff fund mobilisation competition

Banks 'resilient' but face stiff fund mobilisation competition

Rediff.com30 Dec 2025

The country's banking system, while remaining "resilient" with bad loans at over a decade low and strong capital buffers, will continue to face intense competition from non-bank sources for resource mobilisation, said the Reserve Bank of India's (RBI's) Trend and Progress of Banking in India 2024-25 report.

Delhi Court Demands Explanation for Missing CCTV Footage in Biker Death Case

Delhi Court Demands Explanation for Missing CCTV Footage in Biker Death Case

Rediff.com6 Apr 2026

A Delhi court has requested clarification from the Delhi Police regarding the absence of CCTV footage related to the alleged illegal detention of a sub-contractor in the Janakpuri biker-death case.

Kodak 65-Inch QD Mini LED TV Packs 108W Sound, 120Hz Gaming

Kodak 65-Inch QD Mini LED TV Packs 108W Sound, 120Hz Gaming

Rediff.com25 Mar 2026

65-inch Mini QD screen combining Mini LED lighting with Quantum Dot enhancement, delivering 4K Ultra HD clarity with Dolby Vision, HDR10 and HLG support.

RBI Keen to Expand Use of Indian Rupee for Russian Trade

RBI Keen to Expand Use of Indian Rupee for Russian Trade

Rediff.com19 Mar 2026

The Reserve Bank of India (RBI) is exploring ways for Russian trade counterparts to use accumulated Indian rupees (INR) for imports or capital investments in India, aiming to boost INR-Rouble transactions and reduce reliance on the US dollar.

RBI Processes 99.8% of Applications Under Citizen's Charter Within Timeline

RBI Processes 99.8% of Applications Under Citizen's Charter Within Timeline

Rediff.com2 Mar 2026

The Reserve Bank of India (RBI) announced that it processed 99.8% of applications within the prescribed timeline under its Citizen's Charter in February, demonstrating high efficiency in its operations.

How a Mumbai Resident Was Duped in a Sophisticated Cyber Fraud

How a Mumbai Resident Was Duped in a Sophisticated Cyber Fraud

Rediff.com30 Mar 2026

A 69-year-old man in Mumbai was defrauded of 1.57 crore (157,000) in a 'digital arrest' cyber scam. The victim was tricked into transferring funds to accounts controlled by cyber criminals posing as police officers.

LTCG: How to Save Tax on Property Deals

LTCG: How to Save Tax on Property Deals

Rediff.com8 Apr 2026

Ask rediffGURU and tax expert Mihir Tanna your income tax-related questions

A War With No Exit Strategy, No Victory To Declare

A War With No Exit Strategy, No Victory To Declare

Rediff.com20 Apr 2026

Both sides have now revealed a preference for escalation over strategic defeat, and each new provocation narrows the space for the next pause. The Touska seizure, Iran's refusal to negotiate under blockade, Israel's strikes on Iranian oil infrastructure -- all of these add up to an increasingly untenable situation. This makes the wild card -- Trump and his motormouth -- more consequential than ever, notes Prem Panicker in his must read blog on the Iran War.