News for 'bank'

Delhi Hotel Receptionist Held For Stealing Guest's Phone, Rs 1.1 Lakh Fraud

Delhi Hotel Receptionist Held For Stealing Guest's Phone, Rs 1.1 Lakh Fraud

Rediff.com12 Jun 2026

A 20-year-old hotel receptionist in Delhi has been arrested for allegedly stealing a guest's mobile phone and fraudulently transferring Rs 1.10 lakh from his bank account using IMPS transactions. Police have recovered the stolen phone and frozen a significant portion of the stolen amount.

Ram Temple Trust declines financial disclosure amid SIT probe

Ram Temple Trust declines financial disclosure amid SIT probe

Rediff.com25 Jun 2026

The Ram Janmabhoomi Teerth Kshetra Trust secretary, Champat Rai, has declined to provide financial details, including income, expenditure, and donations, citing an ongoing Special Investigation Team (SIT) probe. This decision follows a complaint to the Prime Minister's Office by BJP leader Rajneesh Singh, seeking transparency on the utilisation of funds for the Ram temple project.

HLPP Vs Term Plan: Which Is Better?

HLPP Vs Term Plan: Which Is Better?

Rediff.com1 Jul 2026

An Home Loan Protection Plan repays the outstanding loan if the borrower dies or suffers a covered disability.

Gujarat Police Uncovers Rs 310 Crore Cyber Fraud Racket

Gujarat Police Uncovers Rs 310 Crore Cyber Fraud Racket

Rediff.com14 Jun 2026

Gujarat's Gir Somnath police have busted a massive cyber fraud racket involving over Rs 310 crore in suspicious transactions through mule bank accounts, arresting five individuals. This operation, part of the state-wide "Operation Mule Hunt 2.0," is considered the district's largest cybercrime case to date, aiming to recover victims' money and curb illegal account rentals.

Ram Temple Donation Theft: 'Every Effort Was Made To Bury This'

Ram Temple Donation Theft: 'Every Effort Was Made To Bury This'

Rediff.com9 Jul 2026

'But two things worked against them: People kept coming forward, and -- crucially -- these were not outsiders.'

Stock markets today: Sensex, Nifty surge as Brent crude drops below $73

Stock markets today: Sensex, Nifty surge as Brent crude drops below $73

Rediff.com25 Jun 2026

Indian benchmark indices Sensex and Nifty rallied in early trade, driven by a significant decline in Brent crude oil prices, which fell below the USD 73 per barrel level, and positive trends observed across most Asian equities.

'Why Should We Be Okay With 6.5% Growth Rate?'

'Why Should We Be Okay With 6.5% Growth Rate?'

Rediff.com2 Jul 2026

'Why not aspire for 8 or 9 or even 10 per cent?'

Stock Markets End in Green Buoyed by Falling Oil Prices and Positive Global Cues

Stock Markets End in Green Buoyed by Falling Oil Prices and Positive Global Cues

Rediff.com25 Jun 2026

Indian benchmark stock indices, Sensex and Nifty, advanced for the second consecutive day, driven by softening crude oil prices and a positive trend in global markets. Despite some profit-taking in IT and metal shares, auto stocks outperformed, contributing to the overall gains.

FPIs pulled out Rs 49,340 crore from Indian equities in June

FPIs pulled out Rs 49,340 crore from Indian equities in June

Rediff.com3 Jul 2026

Foreign Portfolio Investors (FPIs) withdrew Rs 49,340 crore (USD 5.16 billion) from Indian equities in June, driven by global risk aversion, a preference for developed markets, soaring US bond yields, and stretched domestic valuations, bringing total withdrawals to Rs 2.7 lakh crore so far in 2026.

How Meerut Police Uncovered A Major Cyber Fraud Operation

How Meerut Police Uncovered A Major Cyber Fraud Operation

Rediff.com14 Jun 2026

Police in Meerut have arrested two individuals for allegedly running a fake Common Service Centre (CSC) to open fraudulent bank accounts using forged documents of unsuspecting, needy people. The accused used these accounts for online financial frauds, leading to the recovery of numerous fake IDs, bank cards, and other incriminating evidence.

Kerala Police And RBI Launch Reelathon To Combat Cyber Fraud

Kerala Police And RBI Launch Reelathon To Combat Cyber Fraud

Rediff.com15 Jun 2026

Kerala Police chief Ravada Chandrasekhar highlighted cyber fraud as a serious social challenge, particularly targeting youth, during the inauguration of 'RBI Reelathon 2026'. This multi-phase awareness campaign by the Reserve Bank of India aims to engage college students in combating cyber financial frauds through creative content creation and timely reporting.

Anil Ambani Aide In CBI Custody Over Rs 9,280 Crore Fraud

Anil Ambani Aide In CBI Custody Over Rs 9,280 Crore Fraud

Rediff.com10 Jun 2026

Amitabh Jhunjhunwala, former Managing Director of the Anil Dhirubhai Ambani Group, has been remanded in CBI custody in an alleged bank fraud case involving Reliance Commercial Finance Limited (RCFL) worth Rs 9,280 crore. The CBI alleges misappropriation of loan funds and violations of RBI guidelines, while Jhunjhunwala's lawyers claim he is a scapegoat.

Stock markets today: Sensex, Nifty opened in red, then recovered

Stock markets today: Sensex, Nifty opened in red, then recovered

Rediff.com29 Jun 2026

Market benchmark indices Sensex and Nifty drifted lower in early trade on Monday amid renewed hostilities between the US and Iran. The 30-share BSE Sensex declined 63.65 points to 77,047.63 during initial trading. The 50-share NSE Nifty went marginally up by 16.55 points to 24,070.20. Later, the BSE benchmark dropped 246.54 points to 76,853.93, and the Nifty dipped 50.55 points to 24,005.45. Track Sensex, Nifty on June 29.

Rs 5.7 Crore Looted From Bank In Madhya Pradesh

Rs 5.7 Crore Looted From Bank In Madhya Pradesh

Rediff.com18 Apr 2026

Five masked gunmen robbed a Bank of Maharashtra branch in Singrauli, Madhya Pradesh, stealing gold and cash worth Rs 5.7 crore. One suspect has been arrested in Bihar.

Mohan Yadav's Family Land Deals Raise Conflict Of Interest Questions

Mohan Yadav's Family Land Deals Raise Conflict Of Interest Questions

Rediff.com23 Jun 2026

Madhya Pradesh Chief Minister Mohan Yadav's family is under scrutiny after an Indian Express newspaper report revealed their extensive land purchases in Ujjain, particularly in areas benefiting from state infrastructure projects, raising questions of propriety and conflict of interest.

'Economy May Take 2 To 3 Months To Return To Normal'

'Economy May Take 2 To 3 Months To Return To Normal'

Rediff.com8 Jul 2026

'The real shock is going to be from a deficient monsoon.'

CBI Uncovers Rs 657 Crore Fraud In Haryana And Chandigarh Government Funds

CBI Uncovers Rs 657 Crore Fraud In Haryana And Chandigarh Government Funds

Rediff.com12 Jun 2026

The CBI has filed two chargesheets in connection with the siphoning of Rs 657 crore from Haryana government and Chandigarh Smart City Limited funds held at IDFC First Bank. The fraud involved fictitious transactions, shell entities, and alleged gold purchases and real estate investments, with IDFC First Bank having already reimbursed the Haryana government.

How a Kerala medical tourism firm orchestrated an organ trafficking racket

How a Kerala medical tourism firm orchestrated an organ trafficking racket

Rediff.com21 Jun 2026

The Enforcement Directorate has uncovered a sophisticated organ trafficking racket in Kerala, operating under the guise of a medical tourism company. The network exploited financially distressed donors, forging documents and facilitating illegal transplant procedures at major hospitals, leading to arrests and freezing of assets.

How A Labourer Facilitated A Rs 5 Lakh Online Investment Fraud

How A Labourer Facilitated A Rs 5 Lakh Online Investment Fraud

Rediff.com14 Jun 2026

A 52-year-old labourer, Santosh Kumar Gupta, has been arrested in New Delhi for allegedly facilitating an online investment fraud by lending his bank account to route Rs 5 lakh of defrauded money. He is suspected of acting as an India-based facilitator for an international cyber fraud network.

How Delhi Police Uncovered A Rs 15 Lakh Credit Card Scam

How Delhi Police Uncovered A Rs 15 Lakh Credit Card Scam

Rediff.com11 Jun 2026

Delhi Police have arrested three individuals for allegedly defrauding a resident of Rs 15.26 lakh by promising to increase his credit card limit. The fraudsters used mule bank accounts to channel the illicit funds, and police recovered several devices used in the crime.

ALL You Want To Know About Maharashtra's SIR!

ALL You Want To Know About Maharashtra's SIR!

Rediff.com8 Jul 2026

'The final electoral roll will be published on October 7, 2026.' 'If someone who is otherwise eligible does not find his/her name in that electoral roll, they can fill Form 6 along with other necessary documents to enrol his/her name in the electoral roll after the final publication of the electoral roll also.'

India's Badminton Future: BAI Seeks Partners For New League

India's Badminton Future: BAI Seeks Partners For New League

Rediff.com15 Jun 2026

The Badminton Association of India (BAI) has invited Expressions of Interest (EOI) from various organisations to conceptualise, develop, and manage a new professional badminton league in India. The initiative aims to create a sustainable league structure focused on commercialisation, fan engagement, and long-term growth of the sport. Interested parties must demonstrate strong financial capability and experience in managing sports leagues, with proposals due by June 30.

'Bank borrowings to dominate NBFC funding mix in FY27'

'Bank borrowings to dominate NBFC funding mix in FY27'

Rediff.com16 Apr 2026

CRISIL Ratings predicts that the share of bank loans in NBFCs' overall borrowings will increase to 44-45 per cent by FY27, driven by elevated bond yields and softening bank lending rates.

US Payment Giant Zelle Expands To India

US Payment Giant Zelle Expands To India

Rediff.com12 Jun 2026

Zelle, a major US peer-to-peer payment service, is set to launch in India by the end of this year, marking its first international expansion. The move aims to tap into India's large remittance market, offering a service similar to UPI but integrated with bank apps. Zelle also introduced ZelleUSD, a stablecoin for future global payment capabilities.

HDFC Bank moderates FY27 growth outlook, targets 12% Y-o-Y

HDFC Bank moderates FY27 growth outlook, targets 12% Y-o-Y

Rediff.com20 Apr 2026

HDFC Bank, India's largest private-sector lender, has revised its FY27 growth trajectory, stepping back from earlier guidance to align with a more measured 12 per cent year-on-year expansion, citing geopolitical uncertainties.

Khamenei Funeral Signals Shift In India-Iran Relations

Khamenei Funeral Signals Shift In India-Iran Relations

Rediff.com6 Jul 2026

It is an unusual choice to depute a retired general for the funeral of a revered religious figure but a thoughtful one in an attempt to inject verve into the bilateral relationship and restore the equilibrium in India's West Asian policies, notes Ambassador M K Bhadrakumar.

Private Banks Face CEO Talent Crunch

Private Banks Face CEO Talent Crunch

Rediff.com30 Mar 2026

What is the reason behind this drying up of talent for the top post in private banks?

Missing CCTVs, hundi keys with driver: What SIT found in Ram temple 'fraud'

Missing CCTVs, hundi keys with driver: What SIT found in Ram temple 'fraud'

Rediff.com27 Jun 2026

Investigators recovered nearly Rs 80 lakh in cash and some foreign currency from six of the accused.

Dell Expands Local Server Production In India Driven By AI And Data Sovereignty

Dell Expands Local Server Production In India Driven By AI And Data Sovereignty

Rediff.com30 Jun 2026

Dell Technologies is significantly expanding its domestic manufacturing in India, with a majority of its servers now produced locally, driven by data sovereignty and AI adoption. The company also launched new AI infrastructure solutions, including PowerStore Elite, designed for secure on-premises data management and AI workflows, while asserting that AI creates more jobs.

Why Modi Wants To Curb NGOs Funding

Why Modi Wants To Curb NGOs Funding

Rediff.com4 Jul 2026

Larger NGOs could no longer work with smaller ones, especially those organisations working on the ground that had no means of or expertise in raising money themselves, reveals Aakar Patel.

Scolded by Mamata, Bengal TMC chief quits, may join rebels

Scolded by Mamata, Bengal TMC chief quits, may join rebels

Rediff.com4 Jul 2026

Senior Trinamool Congress leader Chandrima Bhattacharya has resigned as the party's West Bengal president and from all other posts, citing a loss of trust after an admonishment from Mamata Banerjee. She has since been seen meeting with the Ritabrata Banerjee-led rebel faction, further deepening the organisational crisis within the TMC following its recent Assembly election defeat.

Sensex, Nifty close flat; metal, oil & gas shares major drag

Sensex, Nifty close flat; metal, oil & gas shares major drag

Rediff.com10 Jun 2026

Indian benchmark indices Sensex and Nifty closed flat, paring early gains due to renewed hostilities between the US and Iran, which unsettled investor sentiment and led to profit booking in metal, oil & gas, and telecom shares.

From Snow Passes To Shikara Rides

From Snow Passes To Shikara Rides

Rediff.com22 Jun 2026

Himachal Pradesh's snow-covered mountain passes and Kashmir's iconic lakes attract tourists yearning to escape the hot summer.

Sensex, Nifty rally on US-Iran peace deal optimism, falling crude prices

Sensex, Nifty rally on US-Iran peace deal optimism, falling crude prices

Rediff.com18 Jun 2026

Indian benchmark equity indices, Sensex and Nifty, extended their rally for a fifth consecutive session, driven by optimism surrounding a potential US-Iran peace deal and a significant drop in crude oil prices. Despite hawkish remarks from the US Fed, investors remain hopeful that easing energy prices could temper inflationary pressures.

India's Net FDI Jumps Fourfold to $6.58 Billion in April

India's Net FDI Jumps Fourfold to $6.58 Billion in April

Rediff.com23 Jun 2026

India's net foreign direct investment (FDI) surged more than fourfold to $6.58 billion in April 2026, driven by a significant increase in equity inflows and reduced repatriation by foreign investors, according to the Reserve Bank of India (RBI).

Raids conducted at accused's homes in Ram Temple donation scam; money recovered

Raids conducted at accused's homes in Ram Temple donation scam; money recovered

Rediff.com28 Jun 2026

Ayodhya Police conducted simultaneous raids at the residences of eight individuals arrested in connection with the alleged embezzlement of donations at the Ram Temple. The raids followed their remand to judicial custody, with police expected to seek custodial remand. The accused were involved in counting donations, and investigators have recovered Rs 79.85 lakh so far in a case registered under various sections including the Prevention of Corruption Act.

Spot a Suspicious Credit Card Transaction?

Spot a Suspicious Credit Card Transaction?

Rediff.com10 Jun 2026

The first thing cardholders should do after spotting a suspicious charge is block the card.

Taylor Swift-Travis Kelce's NYC Wedding: All The Details

Taylor Swift-Travis Kelce's NYC Wedding: All The Details

Rediff.com3 Jul 2026

Singer Taylor Swift and NFL player Travis Kelce are reportedly already married after a private ceremony, with their grand Madison Square Garden celebration now underway.

Mumbai Customs Nabs Banker In Rs 11.8 Crore Drug Bust

Mumbai Customs Nabs Banker In Rs 11.8 Crore Drug Bust

Rediff.com12 Jun 2026

Mumbai Customs has arrested a 29-year-old woman, a private bank employee and beauty pageant runner-up, for allegedly smuggling 11.8 kg of hydroponic weed worth Rs 11.8 crore from Bangkok into India. She was apprehended at CSMIA and has been sent to judicial custody under the NDPS Act.

Rajendra Bharti Appeals Conviction in Bank Fraud Case

Rajendra Bharti Appeals Conviction in Bank Fraud Case

Rediff.com7 Apr 2026

Madhya Pradesh Congress MLA Rajendra Bharti has challenged his conviction and three-year jail sentence in a cheating case involving forged bank records. The Delhi High Court has issued a notice to the prosecution and scheduled a hearing for April 15.