News for 'bank officials'

Thousands evacuated from flooded areas of Jammu

Thousands evacuated from flooded areas of Jammu

Rediff.com27 Aug 2025

Over 5,000 people have been evacuated from flooded areas in the Jammu region following heavy rains and flash floods. Rescue and relief operations are underway to restore essential services and provide assistance to those affected.

ED quizzes Sonu Sood for 7 hrs in 1xBet money laundering case

ED quizzes Sonu Sood for 7 hrs in 1xBet money laundering case

Rediff.com24 Sep 2025

Actor Sonu Sood was questioned by the Enforcement Directorate (ED) in connection with a money-laundering case linked to the online betting app 1xBet. The investigation involves several celebrities and focuses on alleged tax evasion and the duping of individuals.

Cough syrup deaths: IMA slams doctor's arrest

Cough syrup deaths: IMA slams doctor's arrest

Rediff.com7 Oct 2025

The Indian Medical Association (IMA) has defended a doctor arrested in connection with cough syrup deaths in Madhya Pradesh, attributing the incident to failures in the drugs regulatory system.

ED conducts 1st-ever raids in Andaman and Nicobar Islands

ED conducts 1st-ever raids in Andaman and Nicobar Islands

Rediff.com31 Jul 2025

The case pertains to the Andaman Nicobar State Cooperative Bank (ANSCB) and its former vice chairman Kuldeep Rai Sharma. Sharma, a 57-year-old Congress leader, is a former MP of the UT (2019-24).

Gold surges Rs 2,200 to hit fresh high of Rs 116,200/10 gm

Gold surges Rs 2,200 to hit fresh high of Rs 116,200/10 gm

Rediff.com22 Sep 2025

Gold prices surged Rs 2,200 to hit a fresh peak of Rs 116,200 per 10 grams in the national capital on Monday buoyed by strong global cues as investors awaited key commentary from US Fed officials for policy direction. According to the All India Sarafa Association, the precious metal of 99.9 per cent purity had closed at Rs 1,14,000 per 10 grams on Friday.

Want to buy items gifted to Modi? Check this out

Want to buy items gifted to Modi? Check this out

Rediff.com17 Sep 2025

An e-auction of over 1,300 items gifted to Prime Minister Narendra Modi has begun, featuring items such as a statue of Goddess Bhavani, an Ayodhya Ram Temple model, and sports memorabilia from the 2024 Paralympic Games. Proceeds will go to the Namami Gange project.

Can AI Improve Customer Service At PSBs?

Can AI Improve Customer Service At PSBs?

Rediff.com20 May 2025

'AI analyses body language, etiquette, and communication skills, providing an in-depth performance matrix and a ranking system to help employees identify areas of improvement.'

Robin Uthappa grilled by ED for 8 hours!

Robin Uthappa grilled by ED for 8 hours!

Rediff.com22 Sep 2025

The Enforcement Directorate questioned Robin Uthappa for over eight hours and recorded his statement in a money laundering case linked to online betting app.

Look Out Notice For Shilpa Shetty, Raj Kundra

Look Out Notice For Shilpa Shetty, Raj Kundra

Rediff.com5 Sep 2025

The Lookout Circular was issued by the city police's economic offences wing as the couple makes frequent international trips

Indian citizen among 51 killed in Nepal 'Gen Z' protest

Indian citizen among 51 killed in Nepal 'Gen Z' protest

Rediff.com12 Sep 2025

At least 51 people, including an Indian national, have died in Nepal during protests against corruption and a ban on social media. The violence included attacks on government buildings and political offices.

Will ATMs Dispense Rs 100, 200 By September?

Will ATMs Dispense Rs 100, 200 By September?

Rediff.com18 Jun 2025

Filling of Rs 100 and Rs 200 notes result in faster depletion and more frequent cash replenishment. This will cost banks and managed service providers more.

NPAs in agriculture sector stay high amid loan-saturation concerns

NPAs in agriculture sector stay high amid loan-saturation concerns

Rediff.com4 Aug 2025

Bad loans in the agriculture sector remain elevated, with several public-sector banks (PSBs) reporting higher slippages in the April-June quarter of FY26. For many banks, non-performing assets (NPAs) in farm lending were 5 per cent or more, with some nearing double digits.'

UP shopkeeper stunned by Rs 141 crore tax notice

UP shopkeeper stunned by Rs 141 crore tax notice

Rediff.com1 Sep 2025

A grocery store owner in Bulandshahr alleges his PAN card was misused to set up six companies in Delhi after receiving an Income Tax notice for sales exceeding Rs 141 crore.

India Inc growth stuck in slow lane; core earnings shrink in Q1FY26

India Inc growth stuck in slow lane; core earnings shrink in Q1FY26

Rediff.com25 Aug 2025

The more things change, the more they remain the same for corporate India. In the April-June 2025 period (Q1FY26) - for the ninth consecutive quarter - listed companies witnessed only single-digit revenue growth, while their core earnings, excluding other income and one-time gains, contracted for the second time in four quarters. This comes as firms brace for the impact of 50 per cent US tariff on Indian goods.

Bihar Polls: Non-Stop Contest For Sops

Bihar Polls: Non-Stop Contest For Sops

Rediff.com2 Oct 2025

Both NDA and INDIA are racing to woo marginalised groups with Assembly polls fast approaching.

Bank of America hit by graft charge on India stock deals

Bank of America hit by graft charge on India stock deals

Rediff.com6 Sep 2024

Bank of America has been hit by a whistleblower complaint that its officials in Asia had shared "non-public information" with investors "before the bank sold hundreds of millions of dollars of stock", reports the Wall Street Journal.

Sushila Karki or Kulman Ghising? Deadlock continues in Nepal over interim govt

Sushila Karki or Kulman Ghising? Deadlock continues in Nepal over interim govt

Rediff.com11 Sep 2025

The representatives of youth-led Gen Z, which spearheaded the anti-government protests, held meetings with the top military brass to finalise a transitional government, but the talks hit a roadblock on the issue of who will head it.

ED records Yuvraj's statement in online betting app case

ED records Yuvraj's statement in online betting app case

Rediff.com23 Sep 2025

Yuvraj Singh on Tuesday appeared before the Enforcement Directorate (ED) for questioning in a money laundering case linked to an online betting app named 1xBet.

Losing local support, J-K terrorists shift to forest bunkers

Losing local support, J-K terrorists shift to forest bunkers

Rediff.com14 Sep 2025

Terror outfits in Jammu and Kashmir are now constructing elaborately-designed underground bunkers deep inside thick forests and elevated ridges instead of taking shelter in local houses, officials said. This tactical shift, fuelled by eroding local support, presents a new challenge to the Army and other security forces.

Team India Sponsorship: BCCI bars gaming, crypto firms

Team India Sponsorship: BCCI bars gaming, crypto firms

Rediff.com2 Sep 2025

The BCCI invited bids for the Indian cricket team's title sponsorship rights after fantasy sports giants Dream11's pullout.

1st major contact with Pak since Op Sindoor: India alerts Pak about flood

1st major contact with Pak since Op Sindoor: India alerts Pak about flood

Rediff.com25 Aug 2025

It is the first major contact of its kind since the Pakistan-India conflict in May, the paper said, citing sources.

Raj Thackeray calls off agitation to enforce Marathi

Raj Thackeray calls off agitation to enforce Marathi

Rediff.com5 Apr 2025

Maharashtra Navnirman Sena (MNS) president Raj Thackeray has asked his party workers to temporarily halt the agitation demanding the use of Marathi language in banks and other establishments. Thackeray said the agitation has been successful in raising awareness about the issue and that the government should now implement the Reserve Bank of India's (RBI) norms on the use of local languages. He warned that the MNS will take action if the government fails to ensure the law is followed.

Gold, silver may extend rally this week

Gold, silver may extend rally this week

Rediff.com28 Sep 2025

Gold and silver prices are expected to maintain their upward trajectory this week, but may see late profit-booking amid the release of a series of crucial global economic indicators, analysts said. On the economic front, traders will closely monitor the manufacturing/ services PMI data from across regions and the US non-farm payrolls/ employment data along with consumer confidence for the month of September and speeches from several Federal Reserve officials, they added.

Cleric among 4 held as UP police bust conversion racket

Cleric among 4 held as UP police bust conversion racket

Rediff.com27 Aug 2025

Uttar Pradesh Police has busted an inter-state religious conversion racket and arrested four individuals, including a madrasa cleric, officials said in Bareilly on Wednesday.

Public sector banks may take QIP route to meet shareholding norm

Public sector banks may take QIP route to meet shareholding norm

Rediff.com26 Jul 2024

Public-sector lenders Indian Overseas Bank (IOB) and Uco Bank are likely to raise funds through qualified institutional placement (QIP) next month. Punjab & Sind Bank is likely to follow suit later this financial year to meet the public shareholding norm of 25 per cent. When a public-sector unit raises funds through QIP, the money goes to the company because it involves issuing new shares whereas in the case of offer for sale (OFS), the money raised goes to the government because its shares are sold.

Has Modi Sacrificed Palestine For Israel Bonhomie?

Has Modi Sacrificed Palestine For Israel Bonhomie?

Rediff.com10 Sep 2025

It is high time India ends its silence on the human cost of the Gaza war and takes a principled stand without diluting its relations with Israel. A largely friendless Tel Aviv today needs New Delhi more than the other way around. India's failure now may cost it diplomatically in the long run, cautions M R Narayan Swamy.

Zubeen Garg's DSP cousin arrested, suspended

Zubeen Garg's DSP cousin arrested, suspended

Rediff.com9 Oct 2025

Zubeen Garg's cousin and Assam Police DSP Sandipan Garg was apprehended on Wednesday in connection with the singer's death in Singapore last month, taking the total number of arrests in the case to five, a senior officer said.

Day after stage removal, Kolkata cops intercept army truck

Day after stage removal, Kolkata cops intercept army truck

Rediff.com3 Sep 2025

Kolkata Police intercepted a military truck for alleged reckless driving, a day after the army dismantled a TMC protest stage. The incident occurred near the Writers' Buildings, with police citing dangerous driving and traffic violations. Army officials deny any wrongdoing.

Mumbai rain fury: Mithi river swells, around 400 people evacuated

Mumbai rain fury: Mithi river swells, around 400 people evacuated

Rediff.com19 Aug 2025

Nearly 350 people were evacuated from Mumbai's Kurla area after the Mithi river swelled due to heavy rains. Authorities are monitoring the situation and working to ease the flow of water.

Super Sunday! India To Play Pakistan In Asia Cup Final

Super Sunday! India To Play Pakistan In Asia Cup Final

Rediff.com26 Sep 2025

Pakistan beat Bangladesh, set up first ever Asia Cup final date against India

No infra bond issuances in FY26

No infra bond issuances in FY26

Rediff.com26 Jul 2025

Infrastructure bonds, which were relied upon the most in 2024-25 (FY25) by commercial banks to raise funds through the domestic debt capital market amid lagging deposit growth, seem to have lost their sheen in FY26. So far in FY26, no bank has tapped the domestic debt capital market to raise funds via infra bonds, and the expectation is that the amount raised through this route will be significantly lower than that last year, unless credit demand picks up.

'Go back, you are late': Kangana faces protest in Manali

'Go back, you are late': Kangana faces protest in Manali

Rediff.com18 Sep 2025

Heated arguments were also witnessed when BJP leaders and others accompanying Kangana tried to pacify the residents, and police had to intervene to restore peace.

Gold, silver log record gains in H1 FY26 amid US economic uncertainties

Gold, silver log record gains in H1 FY26 amid US economic uncertainties

Rediff.com1 Oct 2025

Owing to uncertainties on higher inflation and muted growth in the United States (US), coupled with concerns around America's rising debt and tariffs imposed by President Donald Trump, the world's largest economy has become the epicentre of an unabated record rally in prices of precious metals.

5 swept away as heavy overnight rain wreaks havoc in Dehradun

5 swept away as heavy overnight rain wreaks havoc in Dehradun

Rediff.com16 Sep 2025

Cloudbursts and heavy rains caused widespread destruction in Dehradun and surrounding areas, leaving people stranded and causing damage to infrastructure.

Dehradun flooded, rivers in spate, bridges washed away

Dehradun flooded, rivers in spate, bridges washed away

Rediff.com16 Sep 2025

Cloudbursts and heavy rains overnight left a trail of destruction in Uttarakhand's capital Dehradun and its neighbouring areas on Tuesday, sweeping away at least five people and leaving more than 500 stranded in different locations.

ED summons Anil Ambani on Aug 5, issues look out circular

ED summons Anil Ambani on Aug 5, issues look out circular

Rediff.com2 Aug 2025

The Enforcement Directorate has summoned Reliance Group Chairman Anil Ambani for questioning in a money laundering case linked to alleged bank loan fraud.

The Sword Of Vigilance Hangs Over Bankers

The Sword Of Vigilance Hangs Over Bankers

Rediff.com1 Aug 2025

'Vigilance' is a dreaded term for PSB employees and there are instances where this fear is misused by the higher authorities to tame their subordinate officials. This fear always deters PSB executives from making decisions -- the fewer the decisions, the less the chance of falling into trouble, points out Tamal Bandyopadhyay.

Has Vijay Changed After Karur Stampede?

Has Vijay Changed After Karur Stampede?

Rediff.com25 Oct 2025

Vijay, despite the loud message from his delayed arrival at the road-show/stampede venue, and more so his continued inaccessibility for fans-turned-cadres after graduating from a super-star to a political party leader with electoral ambitions, refuses to change. Or, so it seems, observes N Sathiya Moorthy.

Kishtwar tragedy: A father searches for his daughter

Kishtwar tragedy: A father searches for his daughter

Rediff.com14 Aug 2025

A father searches for his missing daughter after a devastating cloudburst in Kishtwar, Jammu and Kashmir, which killed dozens and left many others untraced.

Twist in Dharmasthala case, 'mass burial' complainant arrested

Twist in Dharmasthala case, 'mass burial' complainant arrested

Rediff.com23 Aug 2025

The complainant-witness, a former sanitation worker, has claimed that he worked in Dharmasthala between 1995 and 2014, and that he was forced to bury a number of bodies, including those of women and minors, in Dharmasthala.