News for 'banking security'

Prayagraj Bank Hit by Loan Fraud Involving Counterfeit Gold

Prayagraj Bank Hit by Loan Fraud Involving Counterfeit Gold

Rediff.com11 Apr 2026

Sixteen people, including two gold appraisers, have been booked for allegedly securing loans worth lakhs of rupees against counterfeit gold from a bank in Prayagraj.

Rajesh Exports probed over Rs 15.15 trillion financial misstatement

Rajesh Exports probed over Rs 15.15 trillion financial misstatement

Rediff.com8 Jul 2026

The National Financial Reporting Authority (NFRA) has commenced an investigation into Rajesh Exports concerning a 15.15 trillion financial misstatement, following a referral from market regulator Sebi.

Why Policyholders Surrender Life Insurance Policies

Why Policyholders Surrender Life Insurance Policies

Rediff.com20 Jul 2026

Understanding a product and assessing its suitability improve the chances of staying invested. Use life insurance mainly to cover risk, not to seek returns.

SIT probe reveals systematic theft, lapses at Ram Temple

SIT probe reveals systematic theft, lapses at Ram Temple

Rediff.com7 Jul 2026

A Special Investigation Team (SIT) probing alleged theft and embezzlement of donations at the Ram Temple in Ayodhya has found repeated instances of employees concealing cash during counting and flagged serious security and supervision lapses. The preliminary report, shared with the Shri Ram Janmabhoomi Teerth Kshetra Trust, indicates systematic irregularities and financial discrepancies among employees, leading to arrests and resignations within the trust.

Rs 14 Lakh Looted From Bank In Madhya Pradesh

Rs 14 Lakh Looted From Bank In Madhya Pradesh

Rediff.com17 Apr 2026

Five masked gunmen stormed a nationalised bank in Madhya Pradesh's Singrauli district, making off with Rs 14 lakh after threatening staff and customers at gunpoint.

How Paytm's Separation From PPBL Secured Its Future

How Paytm's Separation From PPBL Secured Its Future

Rediff.com29 Apr 2026

Following regulatory action against Paytm Payments Bank Ltd (PPBL), Paytm strategically separated its core operations, a move praised by analysts for preserving business continuity and governance. This separation has enabled Paytm to sustain growth and improve profitability.

'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.

NBFCs show strong Q4, but near-term outlook remains cautious

NBFCs show strong Q4, but near-term outlook remains cautious

Rediff.com4 Jul 2026

Non-banking financial companies (NBFCs) reported encouraging results for Q4FY26 with improved asset quality and earnings, but analysts maintain a cautious near-term outlook due to geopolitical tensions, monsoon risks, and specific portfolio concerns.

Must-Learn Leadership Lessons From HDFC Bank's Aditya Puri

Must-Learn Leadership Lessons From HDFC Bank's Aditya Puri

Rediff.com30 Apr 2026

Aditya Puri is one of the cleanest examples we have, in Indian corporate history, of a leader who understood early that the measure of his work was not what happened while he was in the chair. It was what would keep happening when he was no longer there, says Suresh M K.

Shah Alleges Bengal Infiltration Threatens National Security

Shah Alleges Bengal Infiltration Threatens National Security

Rediff.com28 Mar 2026

Union Home Minister Amit Shah sharpened the BJP's campaign for the West Bengal assembly polls, releasing a 'charge sheet' against the TMC government and framing the election as a battle for the country's security.

Reliance Cap, Yes Bank Debt Prompt EPFO Investment Rethink

Reliance Cap, Yes Bank Debt Prompt EPFO Investment Rethink

Rediff.com22 Apr 2026

Rising stressed debt and past exposures like Reliance Capital, Yes Bank push EPFO to frame exit rules for its portfolio.

The MBBS Costs You Don't See Till It's Too Late

The MBBS Costs You Don't See Till It's Too Late

Rediff.com23 Jul 2026

Be aware of a set of costs that never appears on a college's fee page. They sit as clauses near the end of the state counselling body's prospectus and, in many states, not even there, warns Ashok Hegde, founder, neet2seat.

OYO parent Prism files updated IPO papers for Rs 6,650-cr fresh issue; no OFS

OYO parent Prism files updated IPO papers for Rs 6,650-cr fresh issue; no OFS

Rediff.com30 Jun 2026

Prism, the parent company of OYO, has filed updated draft papers with Sebi for a Rs 6,650 crore initial public offering (IPO) consisting entirely of a fresh issue of shares, with no offer-for-sale component from existing investors.

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.

Banking system liquidity improves to 4-yr high on back of Gsec maturities

Banking system liquidity improves to 4-yr high on back of Gsec maturities

Rediff.com17 Apr 2026

The Indian banking system's net liquidity surplus has reached a four-year high of Rs 4.57 trillion, driven by maturing government securities, with further maturities expected to push the surplus to around 5 trillion.

Ram Temple theft: Police seek custody of 2 accused after fresh disclosure

Ram Temple theft: Police seek custody of 2 accused after fresh disclosure

Rediff.com12 Jul 2026

Police investigating the alleged embezzlement of donations at the Ram temple in Ayodhya have requested seven-day custody for two jailed accused, Ram Shankar Yadav and Subhash Srivastava. This request follows new disclosures that necessitate further verification and recovery of evidence. The court is set to hear the remand application on July 14, as investigators scrutinise financial transactions and property purchases to trace the diverted funds.

RBI approves Emirates NBD's 74% stake acquisition in RBL Bank

RBI approves Emirates NBD's 74% stake acquisition in RBL Bank

Rediff.com3 Apr 2026

The Reserve Bank of India (RBI) has granted approval for UAE-based Emirates NBD (ENBD) PJSC to acquire up to a 74 per cent stake in RBL Bank for $3 billion, marking the largest foreign investment ever in a domestic Indian bank.

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.

Shah Accuses TMC of Jeopardising National Security Through Infiltration

Shah Accuses TMC of Jeopardising National Security Through Infiltration

Rediff.com28 Mar 2026

Union Home Minister Amit Shah has accused the TMC government in West Bengal of jeopardising national security through appeasement politics and allowing infiltration, framing the upcoming election as crucial for the country's security.

How Ludhiana Police Busted A Cyber Fraud Racket Targeting Foreign Nationals

How Ludhiana Police Busted A Cyber Fraud Racket Targeting Foreign Nationals

Rediff.com15 May 2026

Ludhiana Police have busted a large cyber fraud racket, arresting 132 people involved in running fake call centres that targeted foreign nationals through various online scams.

RBI introduces new business correspondent norms to expand banking access

RBI introduces new business correspondent norms to expand banking access

Rediff.com7 Apr 2026

The Reserve Bank of India (RBI) has unveiled draft norms for branch authorisation and business correspondents (BCs), introducing a two-tiered classification for BCs and redefining 'banking outlets' to include BC-Banking Outlets (BC-BOs), aiming to expand formal banking presence, particularly in rural areas.

Maharashtra plans Devabhau, Chhava taxis to take on Uber/Ola, activists cry foul

Maharashtra plans Devabhau, Chhava taxis to take on Uber/Ola, activists cry foul

Rediff.com16 Jun 2026

Maharashtra BJP MLC Pravin Darekar announced the launch of 'Devabhau' and 'Chhava' cooperative taxi services in Mumbai, aiming to counter private aggregators and benefit drivers directly, but the scheme has drawn sharp criticism from social activist Anjali Damania and the Opposition Congress over the proposed use of Mumbai Bank funds and its political branding.

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.

FIFA World Cup 2026: Fired-up Mexico aim to extend dream run against England

FIFA World Cup 2026: Fired-up Mexico aim to extend dream run against England

Rediff.com4 Jul 2026

Mexico will bid to continue their remarkable World Cup run when they face England in the last 16 on Sunday, with Javier Aguirre's side standing one victory away from a first quarter-final appearance in 40 years.

Jaspreet Kaur, Jhandu Kumar's Inspiring Para Powerlifting Journey

Jaspreet Kaur, Jhandu Kumar's Inspiring Para Powerlifting Journey

Rediff.com15 Jul 2026

Jaspreet Kaur and Jhandu Kumar, two Indian para powerlifters, have overcome significant personal challenges, including polio and poverty, to qualify for the upcoming Commonwealth Games.

'We will go to war': Pak threatens India amid water crisis

'We will go to war': Pak threatens India amid water crisis

Rediff.com22 Jun 2026

Pakistan's Defence Minister Khawaja Asif has issued a war threat against India, citing water security as a national concern. This comes as Pakistan grapples with a severe internal water crisis, attributed by experts to mismanagement, and India maintains its suspension of the Indus Waters Treaty following a terror attack. Asif accused India of "weaponising water" but admitted to lacking current data on the situation.

MP Congress MLA disqualified after bank fraud conviction

MP Congress MLA disqualified after bank fraud conviction

Rediff.com4 Apr 2026

Madhya Pradesh Congress MLA Rajendra Bharti has been disqualified from the state legislative assembly after being convicted in a bank fraud case involving the tampering of bank records. The disqualification has sparked a political row, with the Congress party alleging a violation of democratic process.

Shah Accuses TMC of Jeopardising National Security Through Infiltration

Shah Accuses TMC of Jeopardising National Security Through Infiltration

Rediff.com28 Mar 2026

Union Home Minister Amit Shah has accused the TMC government in West Bengal of jeopardising national security through appeasement politics and failing to secure the border, framing the upcoming election as crucial for the entire country.

RBI, Govt Unveil Measures to Attract Up to $50 Billion in Foreign Capital

RBI, Govt Unveil Measures to Attract Up to $50 Billion in Foreign Capital

Rediff.com6 Jun 2026

The Reserve Bank of India (RBI) and the central government have introduced a package of measures, including tax exemptions for FPIs on government securities and a concessional foreign-exchange swap facility, aiming to attract up to $50 billion in foreign capital. This initiative is designed to strengthen India's balance of payments and potentially cover the projected BoP gap for FY27.

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.

10 AI Careers For Fresh Graduates

10 AI Careers For Fresh Graduates

Rediff.com15 Jul 2026

Dr Lovi Raj Gupta, pro vice-chancellor, Lovely Professional University, explains how aspiring professionals can equip themselves for a competitive AI-driven job market.

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.

SCARY! Weak Monsoon Threatens Water Security

SCARY! Weak Monsoon Threatens Water Security

Rediff.com24 Apr 2026

'Monsoon is the pran (life) of our water system.' 'A weak monsoon will have a very negative impact on crops and people's lives.'

Maharashtra students who haven't updated Aadhaar IDs won't lose benefits: Minister

Maharashtra students who haven't updated Aadhaar IDs won't lose benefits: Minister

Rediff.com2 Jul 2026

Maharashtra School Education Minister Dada Bhuse stated that despite 5.5 lakh students having non-updated Aadhaar IDs, no student is being deprived of government scheme benefits or facing educational hurdles. He clarified that the government is actively conducting special camps and has issued instructions to ensure continuous access to education and benefits while the update drive is underway.

How To Protect Yourself From Online Dark Patterns

How To Protect Yourself From Online Dark Patterns

Rediff.com29 Jun 2026

'Dark patterns exploit human psychology, cognitive biases, urgency, confusion, or lack of attention to increase revenue for digital platforms at the expense of consumer choice and transparency.'

SBI Funds Management IPO: Why the 'moderate' valuation and what's next?

SBI Funds Management IPO: Why the 'moderate' valuation and what's next?

Rediff.com10 Jul 2026

SBI Funds Management, India's largest asset management company, has set its IPO price band between 545 and Rs 574 per share, valuing the company at 1.2 trillion. The management explained the 'moderate' valuation aims to instil investor confidence amidst market uncertainty, while also highlighting plans for AI integration, expansion into GIFT City, and new alternative investment funds.

How Delhi Police Uncovered A Major Cyber Fraud Network

How Delhi Police Uncovered A Major Cyber Fraud Network

Rediff.com6 Jun 2026

Delhi Police have dismantled an interstate cyber fraud syndicate, arresting three key operatives involved in siphoning off money through unauthorised banking transactions. The police successfully froze approximately Rs 4 lakh of the Rs 4.82 lakh stolen from a victim's account and recovered numerous debit cards, SIM cards, and mobile phones used in the operation.

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.

Want OpenAI Shares? Read This First

Want OpenAI Shares? Read This First

Rediff.com17 Jun 2026

Investors should do thorough due diligence when selecting a platform.

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?