News for 'bank of india'

New labour Codes raise operating expenses of pvt banks, insurers

New labour Codes raise operating expenses of pvt banks, insurers

Rediff.com26 Jan 2026

The new labour Codes, notified by the central government in November 2025, have pushed up employee costs for private-sector banks and insurance companies, with these firms reporting higher operating expenses in the October-December quarter (Q3FY26) due to the statutory impact of the new labour Codes.

India's forex reserves drop $6.7 bn to $717 bn

India's forex reserves drop $6.7 bn to $717 bn

Rediff.com13 Feb 2026

India's forex reserves dropped by $6.71 billion to $717 billion during the week ended February 6, the RBI said on Friday.

T20 World Cup semifinal: England back struggling Buttler to fire vs India

T20 World Cup semifinal: England back struggling Buttler to fire vs India

Rediff.com3 Mar 2026

England are relying on Jos Buttler to rediscover his form and deliver a match-winning performance against India in the T20 World Cup semifinal, despite his recent struggles in ICC events.

T20 WC Semis: Mitchell Backs NZ's India Experience Ahead of SA Clash

T20 WC Semis: Mitchell Backs NZ's India Experience Ahead of SA Clash

Rediff.com2 Mar 2026

New Zealand batter Daryl Mitchell says Kiwis focus on winning 'little moments' as they prepare for South Africa semi-final showdown.

Court Demands Extradition Update in Bush Foods Money Laundering Case

Court Demands Extradition Update in Bush Foods Money Laundering Case

Rediff.com13 hours ago

A Delhi court has requested clarification from the Ministry of External Affairs regarding the extradition status of a former managing director of Bush Foods Overseas Pvt Ltd and his wife, who are residing in London, in connection with a money laundering case linked to an alleged Rs 750-crore bank loan fraud.

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.

Public Cloud Service Drives Oracle India's Double-Digit Run

Public Cloud Service Drives Oracle India's Double-Digit Run

Rediff.com18 Feb 2026

'India is often skipping legacy cycles and moving directly to advanced AI-driven operations.'

India Women Seek to Level ODI Series Against Australia

India Women Seek to Level ODI Series Against Australia

Rediff.com26 Feb 2026

After a disappointing loss in the first ODI, the Indian women's cricket team aims for a stronger batting performance in the second match against Australia to keep the series alive. Australia leads the three-match series after winning the first match by six wickets.

Beware: 'Digital Lutera' toolkit targets UPI users, warns cyber firm

Beware: 'Digital Lutera' toolkit targets UPI users, warns cyber firm

Rediff.com16 hours ago

Cyber intelligence firm CloudSEK reports that online fraudsters are using a new toolkit called 'Digital Lutera' to bypass security features of UPI apps and carry out fraudulent financial transactions.

RBI takes measured steps on liquidity amid tax outflows

RBI takes measured steps on liquidity amid tax outflows

Rediff.com3 days ago

To meet liquidity pressure because of advance tax outflows this month, the Reserve Bank of India (RBI) has adopted a measured approach with its latest announcement of open-market operations (OMOs), worth Rs 1 trillion.

Stock Market Today March 6, 2026: Sensex, Nifty dive over 1% on boiling crude price

Stock Market Today March 6, 2026: Sensex, Nifty dive over 1% on boiling crude price

Rediff.com6 days ago

Indian stock market benchmark indices Sensex and Nifty experienced a significant decline, driven by escalating tensions in the Middle East and rising crude oil prices.

Swift Launches New System for Faster, Cheaper International Payments

Swift Launches New System for Faster, Cheaper International Payments

Rediff.com7 days ago

Swift and global banks are launching a new system to make international payments faster and cheaper for small businesses and consumers, starting with major global markets.

'Even China...': BJP slams Congress for blindly backing Iran

'Even China...': BJP slams Congress for blindly backing Iran

Rediff.com7 days ago

The BJP has criticised the Congress party for allegedly prioritising its vote bank and outdated ideologies over India's national interest and citizen safety in its foreign policy approach towards Iran.

Google Introduces Pixel 10a To India Market

Google Introduces Pixel 10a To India Market

Rediff.com19 Feb 2026

Google has unveiled the Pixel 10a in India and worldwide, expanding its Pixel series. The device can be pre-ordered through the brand's online store and an e-commerce platform, with sales starting next month.

Rs 14 Trillion Investor Wealth Wiped Out

Rs 14 Trillion Investor Wealth Wiped Out

Rediff.com5 days ago

Sensex and Nifty post steepest weekly loss in over a year, falling nearly 3 per cent.

'Can I Build Rs 2 Cr Corpus in 10 Years?'

'Can I Build Rs 2 Cr Corpus in 10 Years?'

Rediff.com2 days ago

Ask rediffGURU and PF expert Nitin Narkhede your mutual fund and personal finance-related questions.

Stock Markets Today March 9, 2026: Sensex crashed 2346 points

Stock Markets Today March 9, 2026: Sensex crashed 2346 points

Rediff.com3 days ago

Indian stock market benchmark indices Sensex and Nifty experienced a significant drop in early trade due to rising crude oil prices, bearish global market trends, and continuous foreign fund outflows.

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.

T20 World Cup: Zimbabwe eye upset against India in must-win Super 8 clash

T20 World Cup: Zimbabwe eye upset against India in must-win Super 8 clash

Rediff.com25 Feb 2026

Zimbabwe all-rounder Ryan Burl acknowledges the challenge of facing India at home in the T20 World Cup but hopes to capitalize on the pressure of a must-win game for both teams.

Bengal polls: CEC warns of action over law and order lapses

Bengal polls: CEC warns of action over law and order lapses

Rediff.com3 days ago

The Election Commission has warned against any lapses in maintaining law and order ahead of the West Bengal Assembly elections, questioning the absence of a Narcotics Advisory Committee in the state and directing strict monitoring of financial transactions.

India Eye ODI Edge Over Aus as Healy Gears Up for Swansong

India Eye ODI Edge Over Aus as Healy Gears Up for Swansong

Rediff.com23 Feb 2026

India take on Australia in the 1st Women's ODI in Brisbane after a historic T20I series win. Alyssa Healy returns for her farewell ODI series, while Smriti Mandhana leads India's charge.

Why India equity markets are likely to remain volatile next week

Why India equity markets are likely to remain volatile next week

Rediff.com22 Feb 2026

Analysts predict continued volatility in Indian equity markets due to domestic macroeconomic data, F&O expiry, global developments including US tariff policies, and geopolitical tensions.

Macron calls for India-France push on responsible AI

Macron calls for India-France push on responsible AI

Rediff.com19 Feb 2026

French President Emmanuel Macron announced that India and France will collaborate to develop an artificial intelligence framework that combines innovation with responsibility and technology with humanity, addressing the need for inclusive digital tools amid rising geopolitical tensions.

India Opens Doors To Foreign Banks, But...

India Opens Doors To Foreign Banks, But...

Rediff.com12 Nov 2025

But selectively, with regulatory scrutiny and special approval, points out Tamal Bandyopadhyay.

No toll plaza queues anywhere in India by yearend, says Gadkari

No toll plaza queues anywhere in India by yearend, says Gadkari

Rediff.com25 Feb 2026

'Within six months I expect petrol, diesel, and electric vehicles (EVs) to reach cost parity,' says Union Minister for Road Transport and Highways Nitin Gadkari.

Mumbai Bomb Threat Email: Probe Launched, No Middle East Link Yet

Mumbai Bomb Threat Email: Probe Launched, No Middle East Link Yet

Rediff.com15 hours ago

Authorities in Mumbai are investigating an email threatening bomb attacks on key buildings, including the Vidhan Bhavan and the Bombay Stock Exchange (BSE). Security has been heightened, and officials are working to trace the origin of the threat.

Rice exporters seek urgent relief as Iran crisis disrupts exports, shipping

Rice exporters seek urgent relief as Iran crisis disrupts exports, shipping

Rediff.com7 days ago

Indian rice exporters are seeking urgent government support to mitigate the impact of shipping disruptions caused by the Iran crisis and instability in key maritime routes. The disruptions have led to increased freight rates, insurance premiums, and fuel costs, impacting domestic prices and exporter profitability.

Ashwini Vaishnaw: BJP to End TMC's 15-Year Rule in West Bengal

Ashwini Vaishnaw: BJP to End TMC's 15-Year Rule in West Bengal

Rediff.com5 days ago

Railway Minister Ashwini Vaishnaw asserted that the BJP will form the government in West Bengal after the upcoming assembly elections, ending the Trinamool Congress's 15-year rule. He criticised the TMC for vote-bank politics, hindering development, and failing to protect women, while promising unprecedented development under a BJP government.

Rupee Hits All-Time Low as Oil Prices Surge and Dollar Strengthens

Rupee Hits All-Time Low as Oil Prices Surge and Dollar Strengthens

Rediff.com3 days ago

The Indian rupee crashed to a record closing low against the US dollar due to rising global crude oil prices, a strengthening dollar, and geopolitical tensions in the Middle East.

Energy, banking and metal stocks push Sensex up 302 points

Energy, banking and metal stocks push Sensex up 302 points

Rediff.com12 Jan 2026

From the 30-Sensex firms, Tata Steel, Asian Paints, Trent, State Bank of India, Hindustan Unilever, UltraTech Cement, ICICI Bank and Bharti Airtel were among the gainers. On the other hand, Infosys, Bajaj Finance, Bharat Electronics, Larsen & Toubro and HDFC Bank were the laggards.

Pan-India LeT module busted, 7 Bangladeshis among 8 held

Pan-India LeT module busted, 7 Bangladeshis among 8 held

Rediff.com22 Feb 2026

In a major counter-terror operation spanning three states, the Delhi Police has dismantled a Lashkar-e-Taiba (LeT) module comprising eight operatives, including seven Bangladeshi nationals who had illegally entered India and procured forged identity documents, an official said on Sunday.

How Jaipur Police Recovered and Returned Overpaid Taxi Fare to Tourist

How Jaipur Police Recovered and Returned Overpaid Taxi Fare to Tourist

Rediff.com2 days ago

Jaipur police swiftly recovered and returned Rs 27,000 to a Slovakian tourist who mistakenly overpaid for a taxi ride. The tourist, who was visiting India for a conference, realised the error after checking her bank account and sought help from the local police.

How India measured inflation, and what is set to change

How India measured inflation, and what is set to change

Rediff.com19 Feb 2026

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.

Positive biz outlook nudges banks to hire for sales growth

Positive biz outlook nudges banks to hire for sales growth

Rediff.com16 Jan 2026

Banks are witnessing a surge in hiring for sales staff in secured segments such as home, vehicle and gold loans as compared to the recovery category, driven by a boost in business growth, and a host of regulatory measures aimed at improving ease of doing business, according to industry experts.

T20 World Cup: Can India Turn Super Eight Tension Into Triumph?

T20 World Cup: Can India Turn Super Eight Tension Into Triumph?

Rediff.com22 Feb 2026

It takes a lot of mental strength to play in front of nearly 100,000 people in Ahmedabad. Even the bravest can succumb to the tension.

Kanpur Police Bust Robbery, Expose Crores-Worth Hawala Racket

Kanpur Police Bust Robbery, Expose Crores-Worth Hawala Racket

Rediff.com27 Feb 2026

Kanpur Police solved a robbery case leading to the discovery of a large hawala network. Six people were arrested, and investigations are ongoing to uncover the full extent of the illegal financial activities.

Is Your Meta Glass Data Safe?

Is Your Meta Glass Data Safe?

Rediff.com6 days ago

'We take steps to filter this data to protect people's privacy and to help prevent identifying information from being reviewed.'

ED attaches Anil Ambani's Rs 3,716-crore house 'Abode'

ED attaches Anil Ambani's Rs 3,716-crore house 'Abode'

Rediff.com25 Feb 2026

The Enforcement Directorate attached Reliance Group chairman Anil Ambani's Mumbai house, 'Abode', worth Rs 3,716 crore under the anti-money laundering law, official sources said on Wednesday.

Three Arrested in Cyber Fraud Case Involving Rs 82 Crore

Three Arrested in Cyber Fraud Case Involving Rs 82 Crore

Rediff.com28 Feb 2026

Three individuals have been arrested in Shivamogga, Karnataka, in connection with a nationwide cyber fraud operation involving over Rs 82 crore and 352 registered complaints.

Rupee falls 18 paise to close at 91.82 against US dollar

Rupee falls 18 paise to close at 91.82 against US dollar

Rediff.com6 days ago

The Indian rupee weakened against the US dollar due to rising crude oil prices, geopolitical tensions in the Middle East, and foreign fund outflows.