News for 'bank'

Iga Swiatek beats Rybakina to win Canadian Open title

Iga Swiatek beats Rybakina to win Canadian Open title

Rediff.com14 Aug 2026

Iga Swiatek defeated Elena Rybakina 6-2, 6-3 to win her first title of the season at the Canadian Open. The victory provides a significant confidence boost for Swiatek ahead of the US Open.

Census 2027: What personal details will you have to disclose?

Census 2027: What personal details will you have to disclose?

Rediff.com15 Aug 2026

In addition to caste details, the Census will, for the first time, collect personal information such as the total number of bank accounts held by individuals, along with their mobile number, Aadhaar number, voter ID number, passport number and driving licence status, according to the 40 questions notified by the Registrar General of India on Friday.

PM promises Rs 1 lakh crore Innovation Fund for start-ups

PM promises Rs 1 lakh crore Innovation Fund for start-ups

Rediff.com15 Aug 2026

Prime Minister Narendra Modi has called upon India's youth to dream big, assuring them of government support and resources, including a Rs 1 lakh crore Innovation Fund, to bolster the country's burgeoning startup ecosystem and drive its journey towards becoming a developed nation.

Sensex, Nifty end down amid rising crude price; Tata Group stock under pressure

Sensex, Nifty end down amid rising crude price; Tata Group stock under pressure

Rediff.com12 Aug 2026

Indian benchmark equity indices, Sensex and Nifty, extended their decline for a second consecutive day, primarily due to elevated crude oil prices and selling pressure on Tata Group stocks following Tata Sons Chairman N Chandrasekaran's announcement that he will not seek reappointment.

Moody's: Indian banks 'more exposed' to West Asia crisis impact

Moody's: Indian banks 'more exposed' to West Asia crisis impact

Rediff.com27 May 2026

Moody's Ratings has highlighted that Indian banks are among the most exposed in the Asia-Pacific region to the West Asia crisis, primarily due to India's high dependence on energy imports, which could lead to increased inflation, higher interest rates, and strained borrower cash flows.

'India needs deeper bond, forex, derivatives markets for Viksit Bharat'

'India needs deeper bond, forex, derivatives markets for Viksit Bharat'

Rediff.com28 Jul 2026

Reserve Bank of India Deputy Governor Rohit Jain has stated that India cannot rely solely on bank balance sheets to fund the extensive investment required for its 'Viksit Bharat' (developed India) goal by 2047, emphasising the critical need for deeper corporate bond, foreign exchange, and derivatives markets.

Why Customer Experience Is Key For Indian Banks

Why Customer Experience Is Key For Indian Banks

Rediff.com21 May 2026

An EY India report suggests that banks must compete on customer experience and evolve physical branches into phygital advisory hubs. The report highlights the importance of anticipating customer needs and blending digital tools with human interaction.

Applying For US Student Visa? Avoid These 9 Mistakes

Applying For US Student Visa? Avoid These 9 Mistakes

Rediff.com17 Aug 2026

When you apply for a US visa, you need to be clear and honest about why you chose this course or country and what you plan to do with the qualification afterwards -- whether you will be returning home or building a career abroad, says Sonal Kapoor, global chief business officer, Prodigy Finance.

RBI's Rate Decision, West Asia Tensions to Drive Indian Market Sentiment

RBI's Rate Decision, West Asia Tensions to Drive Indian Market Sentiment

Rediff.com2 Aug 2026

Analysts predict that the Reserve Bank of India's interest rate decision, the evolving situation in West Asia involving the US-Iran conflict, and crude oil prices will be the primary factors influencing investor sentiment in the Indian stock market this week.

'Next 20 Years Are Very Critical For India'

'Next 20 Years Are Very Critical For India'

Rediff.com18 Aug 2026

'... to see that young people are gainfully employed. After that, it will become very difficult as we will start ageing much more rapidly.' 'We have a huge proportion of Gen Z. After 2030, every year, we will start seeing a gradual shift towards a slightly older society.'

Why 2 MP temples celebrated Independence Day four days early

Why 2 MP temples celebrated Independence Day four days early

Rediff.com14 Aug 2026

Two prominent temples in Madhya Pradesh, the Pashupatinath Temple in Mandsaur and the Bade Ganesh Temple in Ujjain, observed India's Independence Day on August 11, four days ahead of the national celebration. This unique tradition stems from their adherence to the Hindu calendar, specifically Shravan Krishna Chaturdashi, which corresponded to August 15, 1947, and fell on August 11 this year. Special rituals, flag hoisting, and a Tiranga Yatra marked the early celebrations.

Court allows CBI to arrest Reliance Group executive in bank loan case

Court allows CBI to arrest Reliance Group executive in bank loan case

Rediff.com2 Jun 2026

A Mumbai court has granted the CBI permission to arrest Amitabh Jhunjhunwala, a former senior executive at Reliance Group, in connection with a case involving the alleged misuse of bank loans. Jhunjhunwala was already in judicial custody in Delhi for a related money laundering case.

RBI Keeps Tata Sons Waiting

RBI Keeps Tata Sons Waiting

Rediff.com7 Aug 2026

The RBI once again said the Tata group holding company's application for deregistration as an NBFC remains under examination.

HDFC Bank Shares Fall After Report Alleges 'Camouflaged' Payments To MSRDC

HDFC Bank Shares Fall After Report Alleges 'Camouflaged' Payments To MSRDC

Rediff.com27 May 2026

HDFC Bank's shares experienced a dip on Wednesday after a newspaper report alleged that the bank made illegal payments to the Maharashtra State Road Development Corporation to secure large deposits, raising concerns about corporate governance.

Caste, Covid jab: What citizens have to answer in Census 2027

Caste, Covid jab: What citizens have to answer in Census 2027

Rediff.com14 Aug 2026

The Centre has notified 40 questions for the upcoming Census 2027, including caste and place of Covid vaccination, marking the first time caste details will be collected as part of the decadal exercise. The population enumeration will be a fully digital process, with an option for self-enumeration.

Sensex Surges 889 Points, Nifty Crosses 24,250 on IT Gains, FII Inflows

Sensex Surges 889 Points, Nifty Crosses 24,250 on IT Gains, FII Inflows

Rediff.com29 Jul 2026

Indian benchmark indices Sensex and Nifty recorded sharp gains, rising over 1 per cent, driven by strong performances in IT stocks, HDFC Bank, and renewed foreign fund inflows, despite mixed global cues and elevated crude oil prices.

How Technology And Innovation Will Drive India's Growth

How Technology And Innovation Will Drive India's Growth

Rediff.com15 Aug 2026

Prime Minister Narendra Modi, in his Independence Day address, highlighted technology and innovation as central to India's goal of becoming a developed nation by 2047. He called for India to lead in emerging technologies like AI, quantum computing, and space, announcing a massive AI skilling initiative for one crore youth. Modi stressed the importance of becoming a global innovation hub, bolstering energy security with nuclear power, and strengthening cybersecurity.

ICICI Bank Demands Rs 100 Crore from Fintechs for Alleged Merchant Misclassification

ICICI Bank Demands Rs 100 Crore from Fintechs for Alleged Merchant Misclassification

Rediff.com1 Jun 2026

ICICI Bank is seeking recoveries of at least 100 crore from fintech firms, alleging merchant misclassification of their business, a practice that has eroded the bank's interchange income. The dispute, lodged with global card network Visa, highlights growing discomfort among banks and intensified scrutiny from the Reserve Bank of India.

Rybakina Edges Osaka in Epic Battle, Sets Up Gauff Semi-Final

Rybakina Edges Osaka in Epic Battle, Sets Up Gauff Semi-Final

Rediff.com12 Aug 2026

Elena Rybakina mounted a stunning comeback from a set and a break down to defeat Naomi Osaka in a hard-fought Canadian Open quarter-final, setting up a semi-final clash with Coco Gauff.

Why Messi's Kerala Visit Never Happened: Report Submitted To Govt

Why Messi's Kerala Visit Never Happened: Report Submitted To Govt

Rediff.com11 Aug 2026

The Kerala Sports Department has submitted its confidential inquiry report regarding the controversy surrounding the proposed visit of football legend Lionel Messi and the Argentina team to the state during the previous government's tenure.

RBI's Concessional Swap Facility Poised to Draw $85 Bn in Foreign Inflows

RBI's Concessional Swap Facility Poised to Draw $85 Bn in Foreign Inflows

Rediff.com27 Jul 2026

India is projected to attract between $80 and $85 billion through the Reserve Bank of India's (RBI) concessional swap facility, designed to boost foreign currency inflows, according to an SBI research report.

'Chandra Has Taken Right Professional Decision At the Right Time'

'Chandra Has Taken Right Professional Decision At the Right Time'

Rediff.com13 Aug 2026

While the latest trigger for him stepping down could be the uncertainty around his renewal as a director at the AGM, which is otherwise a routine matter, Chandra may have been contemplating quitting for some time now because of the overall turbulence with the principal shareholder on the leadership issue.

What Went Wrong At Tata Sons After Ratan Tata?

What Went Wrong At Tata Sons After Ratan Tata?

Rediff.com13 Aug 2026

Chandrasekaran's exit is more than a change of chairman. It represents the breakdown of the informal consensus that governed the Tata system under Ratan Tata.

PSBs' Profit Nearly Trebles in Five Years to Record Rs 1.98 Trillion

PSBs' Profit Nearly Trebles in Five Years to Record Rs 1.98 Trillion

Rediff.com29 Jul 2026

India's public sector banks (PSBs) have seen their net profit nearly treble over the past five years, reaching a record Rs 1.98 trillion in FY26, driven by significant improvements in asset quality and sustained lending growth across key economic sectors.

Vivo T5 Lite 5G Packs 6.74-inch HD+ Screen, 44 W Charging And IP65 Protection

Vivo T5 Lite 5G Packs 6.74-inch HD+ Screen, 44 W Charging And IP65 Protection

Rediff.com30 Jul 2026

Vivo T5 Lite 5G has made its debut with a feature-packed specification sheet aimed at budget-conscious buyers.

Shakib ready to return to Bangladesh, but sets big condition

Shakib ready to return to Bangladesh, but sets big condition

Rediff.com7 Aug 2026

Bangladeshi cricket legend Shakib Al Hasan, an ally of ousted PM Sheikh Hasina, is willing to return from exile in the US to face charges, including murder, if the government guarantees his safety. He hopes to play a farewell series and represent Bangladesh in the 2027 World Cup, highlighting the challenges faced by Hasina's allies after her government's fall.

Road Rage Attack Leaves Bank Employee Injured In Delhi

Road Rage Attack Leaves Bank Employee Injured In Delhi

Rediff.com30 May 2026

A 29-year-old bank employee was injured in a road rage incident in Delhi's Mangol Puri after a minor collision escalated into a violent confrontation. Police are investigating and searching for the accused.

Before Yash's Toxic, 10 Warring Father-Son Duos

Before Yash's Toxic, 10 Warring Father-Son Duos

Rediff.com17 Aug 2026

Yash's Toxic continues a fascinating trend in Indian cinema where a single star portrays both father and son, often leading to intense on-screen conflicts.

Stock Markets Today: Sensex, Nifty Decline as Geopolitical Tensions Push Crude Oil Prices Higher

Stock Markets Today: Sensex, Nifty Decline as Geopolitical Tensions Push Crude Oil Prices Higher

Rediff.com11 Aug 2026

Indian benchmark indices Sensex and Nifty saw declines in early trade, influenced by elevated crude oil prices stemming from renewed geopolitical uncertainties, particularly concerns surrounding the Strait of Hormuz. Track Sensex, Nifty on August 11, 2026.

Indian Markets Marginally Higher Amid Crude Oil Spike, Geopolitical Uncertainty

Indian Markets Marginally Higher Amid Crude Oil Spike, Geopolitical Uncertainty

Rediff.com10 Aug 2026

Indian benchmark indices closed marginally higher, with the Sensex gaining over 43 points and the Nifty remaining flat, as a spike in crude oil prices due to geopolitical uncertainties tempered risk appetite.

Why RBI Asked EPFO To Upgrade Its Investment System

Why RBI Asked EPFO To Upgrade Its Investment System

Rediff.com30 Jul 2026

India's largest retirement fund manager, the Employees' Provident Fund Organisation (EPFO), is enhancing its investment governance and fund management practices, following the Reserve Bank of India's recommendations.

Geopolitical risks, supply shocks could keep credit-deposit gap elevated: SBI

Geopolitical risks, supply shocks could keep credit-deposit gap elevated: SBI

Rediff.com21 Jul 2026

A recent SBI Economic Research report indicates that the significant gap between credit and deposit growth, currently over 530 basis points, is likely to persist if geopolitical risks and external supply shocks continue. However, an improvement in deposit growth is anticipated with inflows into foreign currency non-resident (bank) deposits.

Stock Markets Today: Sensex Rises, Nifty Sinks as New Closing Auction Session Takes Effect

Stock Markets Today: Sensex Rises, Nifty Sinks as New Closing Auction Session Takes Effect

Rediff.com4 Aug 2026

Indian benchmark stock indices, Sensex and Nifty, experienced mixed trading following the introduction of a new Closing Auction Session (CAS) for shares with futures and options (F&O) contracts, aimed at enhancing price discovery transparency. Track Sensex, Nifty on August 4

HDFC Bank, ICICI Bank: Solid Q4, split outlook

HDFC Bank, ICICI Bank: Solid Q4, split outlook

Rediff.com21 Apr 2026

Analysts have largely maintained a bullish outlook on HDFC Bank and ICICI Bank following their Q4FY26 results, though their perspectives on future growth drivers differ. HDFC Bank's near-term performance is tied to accelerating loan growth, while ICICI Bank is seen as a strong candidate for a valuation rerating.

Indian Equities Surge for Fourth Day Amid Falling Crude, FII Inflows

Indian Equities Surge for Fourth Day Amid Falling Crude, FII Inflows

Rediff.com3 Aug 2026

Indian benchmark stock indices, Sensex and Nifty, extended their winning streak to a fourth day, with Nifty surging 1.60 per cent, driven by a sharp decline in crude oil prices and renewed foreign fund inflows.

Education Loans: What You Must Know

Education Loans: What You Must Know

Rediff.com31 Jul 2026

Education loan defaults carry serious consequences. Credit bureaus record missed payments against both the student and the co-borrower, usually a parent.

India's Trade Deficit Widens to $31.98 Billion in July Amid Import Surge

India's Trade Deficit Widens to $31.98 Billion in July Amid Import Surge

Rediff.com14 Aug 2026

India's trade deficit reached a six-month high of $31.98 billion in July, driven by a sharp increase in imports, particularly crude oil, electronic goods, coal, and fertilisers. Both merchandise exports and imports recorded their second-highest levels during the same period.

Stock Markets Today: Sensex, Nifty Dip as Geopolitical Tensions Fuel Crude Price Surge

Stock Markets Today: Sensex, Nifty Dip as Geopolitical Tensions Fuel Crude Price Surge

Rediff.com10 Aug 2026

Indian benchmark indices, Sensex and Nifty, experienced declines in early trade due to a significant spike in crude oil prices, driven by escalating geopolitical uncertainties, despite positive cues from Asian and US markets.

Odisha Police Arrest Two More In Bank Fraud Case

Odisha Police Arrest Two More In Bank Fraud Case

Rediff.com22 May 2026

Odisha Police's Economic Offences Wing (EOW) has arrested two more individuals in connection with a Rs 9.6 crore bank fraud case, bringing the total number of arrests to six. The accused, Surjit Roy and Sameer Srivastav, were apprehended in Raipur, Chhattisgarh, for allegedly withdrawing funds from the District Mineral Foundation (DMF) trust using forged cheques.

Public Sector Banks Face Boardroom Vacancies

Public Sector Banks Face Boardroom Vacancies

Rediff.com6 May 2026

In the draft norms issued last month, the RBI said that the ultimate responsibility for the bank's performance, conduct and control rests with the Board