News for 'bank of india'

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.

RBI may rationalise board norms, shift focus to strategy, policy

RBI may rationalise board norms, shift focus to strategy, policy

Rediff.com9 Apr 2026

The Reserve Bank of India (RBI) is set to revise its directives for bank boards, aiming to alleviate operational burdens and enable them to concentrate on crucial policy and strategic decision-making, thereby enhancing corporate governance in the Indian banking sector.

OnePlus Nord 6 Packs Massive 9,000 mAh Battery And 165Hz Display

OnePlus Nord 6 Packs Massive 9,000 mAh Battery And 165Hz Display

Rediff.com4 days ago

OnePlus Nord 6 for cool colours and a hot battery.

'Banks not investing in right technology'

'Banks not investing in right technology'

Rediff.com10 Feb 2026

'There is a challenge in repositioning yourself, maybe reinventing yourself.'

IDFC First Bank Pays Rs 583 Cr To Haryana Govt

IDFC First Bank Pays Rs 583 Cr To Haryana Govt

Rediff.com25 Feb 2026

'...even though the investigation in the matter is ongoing, we have paid 100 per cent of the principal and interest to relevant departments of the Haryana government.'

Goldman Cuts India Market Outlook

Goldman Cuts India Market Outlook

Rediff.com27 Mar 2026

Goldman Sachs has materially lowered its earnings growth forecast for Indian companies by a cumulative 9 percentage points over the next two years.

RBI Suggests Lagged Credit and 'Kill Switch' to Fight Payment Fraud

RBI Suggests Lagged Credit and 'Kill Switch' to Fight Payment Fraud

Rediff.com9 Apr 2026

The Reserve Bank of India (RBI) has proposed new measures to combat financial fraud in digital payments, including lagged credit for authorised push payments and a 'kill switch' for users to disable all digital transactions.

Poor Credit Score May Cost You Jobs

Poor Credit Score May Cost You Jobs

Rediff.com4 days ago

Over the past three years, the appointments of 20 candidates selected through the Institute of Banking Personnel Selection were cancelled or offers were withdrawn due to poor credit history.

Sensex Jumps 919 Points as Financial Stocks Lead Market Rebound

Sensex Jumps 919 Points as Financial Stocks Lead Market Rebound

Rediff.com10 Apr 2026

Indian benchmark indices Sensex and Nifty surged over 1 per cent, with the Sensex jumping 918.60 points, driven by strong buying in banking and financial counters and a positive trend in global equities, fuelled by hopes of easing West Asia tensions.

Rupee falls 32 paise to 92.83 against US dollar, global tensions weigh

Rupee falls 32 paise to 92.83 against US dollar, global tensions weigh

Rediff.com10 Apr 2026

The Indian rupee depreciated by 32 paise to close at 92.83 against the US dollar, influenced by escalating global tensions, particularly the US-Iran conflict, and the deadline for the RBI's instructions to banks to curb overnight positions.

CBI Files Chargesheet in Rs 23 Crore Digital Arrest Scam

CBI Files Chargesheet in Rs 23 Crore Digital Arrest Scam

Rediff.com10 Apr 2026

The CBI has filed a chargesheet against a man accused of defrauding a retired banker of Rs 23 crore in a sophisticated digital arrest scam involving impersonation of law enforcement and judicial authorities.

Delhi Police Uncover Rs 3.6 Crore Cyber Fraud Operation

Delhi Police Uncover Rs 3.6 Crore Cyber Fraud Operation

Rediff.com9 Apr 2026

Delhi Police have arrested two men for allegedly running a cyber fraud racket involving over Rs 3.60 crore. The accused used mule bank accounts and a social media application to defraud victims. The investigation revealed links to an international cyber fraud network and training in Cambodia.

$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.

Delhi Police Bust Online Investment Fraud Ring, Two Arrested

Delhi Police Bust Online Investment Fraud Ring, Two Arrested

Rediff.com13 hours ago

Delhi Police have arrested two individuals for allegedly defrauding a 25-year-old man of Rs 1.46 lakh through a fake online investment scheme. The accused lured the victim with promises of high returns for completing online tasks.

Mcap of top 6 most valued firms drops nearly Rs 65k cr; Airtel biggest laggard

Mcap of top 6 most valued firms drops nearly Rs 65k cr; Airtel biggest laggard

Rediff.com5 Apr 2026

Mcap of top 6 most valued firms drops nearly Rs 65k cr; Airtel biggest laggard

RBI: Forex market interventions are temporary, not structural shifts

RBI: Forex market interventions are temporary, not structural shifts

Rediff.com9 Apr 2026

Reserve Bank of India (RBI) Governor Sanjay Malhotra stated that recent regulatory measures to address foreign exchange market volatility, such as capping banks' net open positions, are temporary and aligned with current market conditions, not signalling any structural shift in policy.

Sensex rebounds, climbs 316 pts; banks, metal stocks shine

Sensex rebounds, climbs 316 pts; banks, metal stocks shine

Rediff.com20 Feb 2026

Stock markets rebounded on Friday with the benchmark Sensex closing higher by 316 points after heavy buying in banking and metal shares amid optimism over trade deal progresses and India's participation in Pax Silica.

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.

VinFast targets 75 dealerships by 2026, expands EV ecosystem in India

VinFast targets 75 dealerships by 2026, expands EV ecosystem in India

Rediff.com30 Mar 2026

Vietnamese automobile major VinFast is rapidly expanding its retail network in India, aiming for 75 dealerships across 60 cities by the end of 2026, while also building a comprehensive EV ecosystem.

How Mahavir Jayanti Is Celebrated In India

How Mahavir Jayanti Is Celebrated In India

Rediff.com31 Mar 2026

One of the notable celebrations includes the Rath Yatra -- a spectacular procession through the streets with Lord Mahavir's idol on a chariot, with followers accompanying it while chanting hymns and performing prayers.

India Extends 4% Retail Inflation Target for RBI Until 2031

India Extends 4% Retail Inflation Target for RBI Until 2031

Rediff.com25 Mar 2026

The Indian government has extended the Reserve Bank of India's (RBI) mandate to maintain retail inflation at 4 per cent, with a tolerance band of 2 per cent on either side, for another five years until March 2031.

International Cyber Fraud Racket Busted: Two Arrested in Delhi

International Cyber Fraud Racket Busted: Two Arrested in Delhi

Rediff.com9 Apr 2026

Two African nationals have been arrested in Delhi for their alleged involvement in an international cyber fraud racket that defrauded victims across multiple states of more than Rs 5 million.

Delhi Police Operation CyHawk 4.0 Leads to Mass Arrests in Cybercrime Sweep

Delhi Police Operation CyHawk 4.0 Leads to Mass Arrests in Cybercrime Sweep

Rediff.com8 Apr 2026

Delhi Police arrested over 600 people and rounded up over 8,300 suspects during Operation CyHawk 4.0, a large-scale crackdown on cybercrime.

West Asia War Pushes RBI into Growth-Inflation Dilemma

West Asia War Pushes RBI into Growth-Inflation Dilemma

Rediff.com6 Apr 2026

The Reserve Bank of India (RBI) Governor Sanjay Malhotra is now confronting the classic growth-inflation tradeoff, a situation exacerbated by the West Asia war, which threatens to end the 'goldilocks period' of low inflation and robust growth.

RBI Proposes Strict Curbs On Bank Recovery Agents

RBI Proposes Strict Curbs On Bank Recovery Agents

Rediff.com13 Feb 2026

Abusive language, threats, harassment, excessive or anonymous calls, public humiliation, and misleading representations are explicitly prohibited.

India-China border trade via Lipulekh Pass to resume after 6 yrs

India-China border trade via Lipulekh Pass to resume after 6 yrs

Rediff.com20 Mar 2026

Border trade between India and China through the Lipulekh Pass in Uttarakhand's Pithoragarh district is set to resume this year after a six-year hiatus due to the COVID-19 pandemic.

Rupee surges 52 paise to close at 92.54/USD on US-Iran ceasefire

Rupee surges 52 paise to close at 92.54/USD on US-Iran ceasefire

Rediff.com8 Apr 2026

The Indian rupee saw a significant appreciation against the US dollar following President Trump's suspension of military strikes against Iran and the Reserve Bank of India's decision to maintain its key interest rate. Market sentiment was further buoyed by positive comments from the RBI regarding the health of the banking sector.

Sensex and Nifty Rally as US-Iran Ceasefire Boosts Global Markets

Sensex and Nifty Rally as US-Iran Ceasefire Boosts Global Markets

Rediff.com8 Apr 2026

Indian stock markets experienced a significant rally following the announcement of a US-Iran ceasefire, coupled with a drop in crude oil prices. The Sensex and Nifty both closed nearly 4 per cent higher, mirroring gains in global markets.

Markets rally over 1% as US-Iran peace talks hopes drive crude oil below $100

Markets rally over 1% as US-Iran peace talks hopes drive crude oil below $100

Rediff.com3 days ago

Indian benchmark stock indices, Sensex and Nifty, surged over 1 per cent, driven by optimism surrounding potential US-Iran peace talks and a significant drop in crude oil prices below the USD 100 per barrel mark. This de-escalation in geopolitical concerns and easing inflation pressures provided a substantial boost to investor sentiment.

Rupee likely to stabilise at 92-93 per dollar: EAC-PM chairman

Rupee likely to stabilise at 92-93 per dollar: EAC-PM chairman

Rediff.com9 Apr 2026

S Mahendra Dev, chairman of the Economic Advisory Council to the Prime Minister, expressed confidence that the rupee would stabilise around the 92-93 level against the US dollar, despite geopolitical tensions, and that foreign investment flows would return.

Amit Shah Focuses on Infiltration Issue in West Bengal Poll Campaign

Amit Shah Focuses on Infiltration Issue in West Bengal Poll Campaign

Rediff.com5 days ago

Union Home Minister Amit Shah asserts the BJP will form a government in West Bengal and address the issue of infiltration, accusing Mamata Banerjee of allowing it for vote-bank politics.

Retail Inflation Inches Up to 3.4% in March, Driven by Food and Fuel

Retail Inflation Inches Up to 3.4% in March, Driven by Food and Fuel

Rediff.com5 days ago

India's retail inflation marginally increased to 3.4 per cent in March, up from 3.21 per cent in February, primarily due to an uptick in certain food items and the initial impact of the West Asia crisis on fuel prices, according to government data.

RBI Projects $85 Crude Oil, Rupee at 94 by FY27

RBI Projects $85 Crude Oil, Rupee at 94 by FY27

Rediff.com8 Apr 2026

The Reserve Bank of India (RBI) has projected that crude oil prices will average USD 85 per barrel and the rupee will weaken to 94 against the dollar by FY27, according to its bi-annual Monetary Policy report.

How Delhi Police Busted a Rs 300 Crore Cyber Fraud Syndicate

How Delhi Police Busted a Rs 300 Crore Cyber Fraud Syndicate

Rediff.com5 Apr 2026

Delhi Police have dismantled a major international cyber fraud syndicate, arresting the alleged mastermind and 10 others. The syndicate is linked to over 2,000 complaints and scams worth over Rs 300 crore, with connections to international cyber fraud operations in Cambodia.

Sensex jumps 650 points on buying in power, banking stocks

Sensex jumps 650 points on buying in power, banking stocks

Rediff.com16 Feb 2026

Equity benchmark indices Sensex and Nifty rebounded sharply by nearly 1 per cent on Monday, driven by strong buying in power, banking, and financial stocks.

RBI Projects 6.9% GDP Growth Amid Global Uncertainties

RBI Projects 6.9% GDP Growth Amid Global Uncertainties

Rediff.com8 Apr 2026

The Reserve Bank of India (RBI) has projected a 6.9 per cent GDP growth for the current financial year, citing concerns over commodity prices and supply chain disruptions stemming from the West Asia crisis.

Quite possible that rates will remain low in the near to medium term, says RBI Governor

"Quite possible that rates will remain low in the near to medium term," says RBI Governor

Rediff.com9 Apr 2026

"It is quite possible that the rates will remain low in the near to medium term, but that will depend on how conditions evolve," said RBI Governor Sanjay Malhotra.

NBFCs see rise in early-stage delinquencies from MSMEs due to West Asia war

NBFCs see rise in early-stage delinquencies from MSMEs due to West Asia war

Rediff.com3 days ago

Several non-banking financial companies (NBFCs) are observing an increase in early-stage delinquencies within their micro, small and medium enterprises (MSME) loan portfolios, primarily driven by supply chain disruptions and escalating raw material costs exacerbated by the ongoing conflict in West Asia.

Sensex tumbles 931 points, Nifty plunges to 23,775 amid fading confidence on ceasefire

Sensex tumbles 931 points, Nifty plunges to 23,775 amid fading confidence on ceasefire

Rediff.com9 Apr 2026

Indian equity benchmarks, Sensex and Nifty, ended lower after a spectacular rally, with the Sensex tumbling 931 points, as renewed tensions in West Asia, particularly the risk to the ceasefire deal after Iran closed the Strait of Hormuz, dampened investor optimism.

How RBI's Two-Factor Authentication Will Impact Digital Payments

How RBI's Two-Factor Authentication Will Impact Digital Payments

Rediff.com1 Apr 2026

Two-factor authentication for all digital transactions, including UPI, is now mandatory in India, as per RBI guidelines, to enhance security and curb fraud.