News for 'banking services'

BharatPe Bets Big On Online Payments

BharatPe Bets Big On Online Payments

Rediff.com3 Sep 2025

'Our focus would be to onboard top 100 merchants in top 10 different segments.'

How I Almost Lost My WhatsApp To A Scam

How I Almost Lost My WhatsApp To A Scam

Rediff.com19 Nov 2025

What looked like a delivery update quickly turned into a WhatsApp hijack, Rishika Shah discovered to her horror.

EPF Withdrawal Made Simpler? What It Means For YOU

EPF Withdrawal Made Simpler? What It Means For YOU

Rediff.com20 Oct 2025

EPFO has simplified PF withdrawals -- fewer rules, faster access, and more flexibility -- while introducing safeguards that make it harder to drain your retirement savings too early.

Will RBI Governor Play Santa In December?

Will RBI Governor Play Santa In December?

Rediff.com3 Oct 2025

While the economy will wait for a rate cut in December, the banking industry should be happy with the wave of liberalisation -- a big push for growth in bank credit, points out Tamal Bandyopadhyay.

Centre races to rescue failing power discoms

Centre races to rescue failing power discoms

Rediff.com24 Nov 2025

After four failed reform drives, a new plan aims to rescue India's debt-laden power discoms through privatisation, accountability and long-term financial fixes.

Time To Raise Health Insurance Cover

Time To Raise Health Insurance Cover

Rediff.com17 Nov 2025

'Buy early and review the sum insured regularly.'
'Combining individual or family policies with corporate cover, along with top-ups and wellness programmes, can help maintain strong health protection throughout life.'

Airtel to approach DoT on AGR in coming days: MD

Airtel to approach DoT on AGR in coming days: MD

Rediff.com5 Nov 2025

Telecom firm Bharti Airtel will approach the government on the adjusted gross revenue (AGR) it has to pay the exchequer following the Supreme Court's judgment that the government can reassess all AGR dues, according to vice-chairman and managing director Gopal Vittal.

Urgent Need For Data Sovereignty

Urgent Need For Data Sovereignty

Rediff.com13 Oct 2025

'When global politics has some intervention on the core software one uses, and if you are cut off from your own data in critical workflows, sovereignty is no longer optional. It becomes a necessity.'

Global headwinds likely to show in IT firms' Q2 results

Global headwinds likely to show in IT firms' Q2 results

Rediff.com8 Oct 2025

Indian information-technology (IT) service providers are likely to report another quarter (July-September) of low, single-digit growth owing to macro uncertainties, chiefly emanating from America, with no respite in sight even in the second half of the year.

Payment apps, DoT help avert Rs 200 cr potential fraud loss: PhonePe co-founder

Payment apps, DoT help avert Rs 200 cr potential fraud loss: PhonePe co-founder

Rediff.com8 Oct 2025

Payment apps PhonePe and Paytm have helped citizens avert potential financial frauds worth Rs 200 crore by using the fraud risk indicator platform developed by the Department of Telecom, a senior Walmart group official said on Wednesday.

Budget 2026: Nirmalaji's Challenges, Opportunities

Budget 2026: Nirmalaji's Challenges, Opportunities

Rediff.com21 Nov 2025

The best course for the government at this time would be to tighten the seat belt a little more, without compromising on its investments in creating better infrastructure and giving a push to privatisation, points out A K Bhattacharya.

Nehru's Journey: 12 Historic Places

Nehru's Journey: 12 Historic Places

Rediff.com14 Nov 2025

As we celebrate the 136th anniversary of Jawaharlal Nehru's birth, let's embark on a journey to places in India, and across the world, that had a connection with India's first prime minister.

112,000 Tech Jobs Have Vanished In 2025 So Far

112,000 Tech Jobs Have Vanished In 2025 So Far

Rediff.com24 Nov 2025

...compared with 153,000 in all of 2024.

After H-1B Trump Tightens Grip On OPT Students

After H-1B Trump Tightens Grip On OPT Students

Rediff.com13 Oct 2025

The share of Indian students pursuing OPT has nearly doubled from 22.12 per cent in 2006-07 to over 40 per cent in 2023-24.

Pre-Budget meeting: Ficci seeks faster resolution of tax disputes

Pre-Budget meeting: Ficci seeks faster resolution of tax disputes

Rediff.com29 Oct 2025

The Federation of Indian Chambers of Commerce and Industry (Ficci) has sought urgent steps to clear the huge backlog of income-tax appeals, simplify tax deducted at source (TDS) compliance, and ensure tax neutrality for fast-track demergers, during its consultation with Revenue Secretary Arvind Shrivastava ahead of the Union Budget 2026-27.

Economists torn between rate cut and pause in next MPC

Economists torn between rate cut and pause in next MPC

Rediff.com31 Oct 2025

While participants in the domestic financial market are expecting a 25 basis-point policy repo rate cut in the December meeting of the Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI), economists remain torn between a reduction in rate cut and a pause.

RBI raises FY26 GDP growth projection to 6.8%

RBI raises FY26 GDP growth projection to 6.8%

Rediff.com1 Oct 2025

The Reserve Bank on Wednesday revised upward its growth estimates for the current fiscal year to 6.8 per cent and lowered its inflation projection to 2.6 per cent based on an above-normal monsoon and the rationalisation of GST rates.

'Don't Consider Gold, Silver As Asset Classes'

'Don't Consider Gold, Silver As Asset Classes'

Rediff.com11 Nov 2025

'An asset must generate income. Equities yield dividends, bonds pay coupons, deposits give interest, and real estate earns rent.' 'Gold, silver, and even Bitcoin produce no income, they merely store value. So, they should not be compared to productive assets.'

Sensex down 174 points mirroring weak global trends

Sensex down 174 points mirroring weak global trends

Rediff.com13 Oct 2025

Among Sensex firms, Tata Motors, Infosys, Hindustan Unilever, Power Grid, Bharat Electronics, ITC, UltraTech Cement and Tata Consultancy Services were the major laggards. However, Adani Ports, Bajaj Finance, Bajaj Finserv and Axis Bank were among the gainers.

Sitharaman asks fintechs to strengthen risk management to check AI misuse

Sitharaman asks fintechs to strengthen risk management to check AI misuse

Rediff.com8 Oct 2025

Finance Minister Nirmala Sitharaman on Tuesday asked fintech firms to focus on risk management at a time when criminals are using AI to mimic voices, clone identities and create lifelike videos to manipulate people.

Sitharaman on the merits of next gen GST reforms

Sitharaman on the merits of next gen GST reforms

Rediff.com2 Sep 2025

The next generation GST reforms would 'absolutely' set an economy open and transparent with further reduction in compliance burden and benefiting small businesses, Union Finance Minister Nirmala Sitharaman said on Tuesday.

J-K LG sacks two teachers for alleged terror links

J-K LG sacks two teachers for alleged terror links

Rediff.com30 Oct 2025

Jammu and Kashmir Lieutenant Governor Manoj Sinha dismissed two government employees, both teachers, for their alleged links with terrorists. The action is part of Sinha's zero-tolerance policy against terrorism and a broader crackdown on the terror ecosystem within Jammu and Kashmir.

Global Investing: What YOU Must Know

Global Investing: What YOU Must Know

Rediff.com16 Oct 2025

Here's what Indian investors diversifying into equities, ETFs, and real estate abroad to manage risk, returns, and currency exposure must watch out for.

Bank services likely to hit on Mon, Tue due to strike

Bank services likely to hit on Mon, Tue due to strike

Rediff.com14 Mar 2021

Services such as deposits and withdrawal at branches, cheque clearance and loan approvals would be affected due to the strike.

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.

How UPI, AePS, Wallets Are Changing India

How UPI, AePS, Wallets Are Changing India

Rediff.com24 Jul 2025

UPI has catapulted India into the forefront on the global digital payments landscape. Working hand in hand, the AePS payments system is making life easy for rural folks, notes Tamal Bandyopadhyay.

Can UPI Stay Free Forever?

Can UPI Stay Free Forever?

Rediff.com2 Sep 2025

Several executives argue that UPI has the potential to grow tenfold, but warn that the absence of a monetisation model risks stagnating the real-time payments system, which has been recording all-time-high transaction volumes every year.

Why US-China Face-Off Is Advantage India

Why US-China Face-Off Is Advantage India

Rediff.com29 Oct 2025

Amid US-China trade tensions and economic vulnerabilities, India must seize the 'China +1' opportunity, deepen reforms, secure FTAs, and globalise its firms for long-term growth, suggests Ajay Shah.

Free banking services offered to customers not under GST ambit

Free banking services offered to customers not under GST ambit

Rediff.com4 Jun 2018

The ambiguity arose after notices were sent to lenders for non-payment of service tax under the pre-GST regime

Fulton banks on experience as India target Asia Cup, WC spot

Fulton banks on experience as India target Asia Cup, WC spot

Rediff.com28 Aug 2025

'We haven't won the tournament for a while and the objective is to be No.1 in Asia and we will be pushing hard for the next 10 days.'

Provident Fund Problems? Your Qs Answered

Provident Fund Problems? Your Qs Answered

Rediff.com13 Oct 2025

Ask rediffGURU Reetika Sharma your insurance mutual fund and personal finance-related questions.

Payments banks urge FinMin to raise deposit limit to Rs 5 lakh

Payments banks urge FinMin to raise deposit limit to Rs 5 lakh

Rediff.com28 Mar 2025

Payments banks have urged the Union finance ministry to increase their deposit limit for each account to Rs 5 lakh, according to a source who participated in a meeting, chaired by the Department of Financial Services Secretary M Nagaraju, in New Delhi. At present, they can accept deposits of up to Rs 2 lakh.

It's do or die for India, but Jamil upbeat ahead of Singapore tie

It's do or die for India, but Jamil upbeat ahead of Singapore tie

Rediff.com14 Oct 2025

With just two points from three games and placed third place in the group, India have no room for error as only the top team can advance.

Joint Property? Keep Funding Proof Ready

Joint Property? Keep Funding Proof Ready

Rediff.com30 Sep 2025

'Always keep accurate and transparent records of the source of the investment or property's funding: Loan agreements, transfer records of the property, and bank statements of co-owners if available.'

India among UBS' preferred bets amid positive EM outlook

India among UBS' preferred bets amid positive EM outlook

Rediff.com29 Oct 2025

UBS has turned bullish on emerging markets (EM), including India, as it finds benign macro trends, positive momentum in earnings revisions, and resilient EM currencies helping these economies sustain higher valuations and attracting flows. Among regions, it has upgraded Mainland China to 'attractive' and China Tech to 'most attractive', while downgrading Philippines to 'neutral'.

'Uddhav Should Not Join Hands With Raj Thackeray'

'Uddhav Should Not Join Hands With Raj Thackeray'

Rediff.com5 Nov 2025

'Raj Thackeray is working at the behest of Chief Minister Devendra Fadnavis.'

Most PSBs see decline in headcount even as branches spread

Most PSBs see decline in headcount even as branches spread

Rediff.com16 Jun 2025

At a time when the finance ministry is focusing on addressing employee grievances, the number of employees in most public-sector banks (PSBs) has declined over the last three financial years.

Sensex climbs 398 points on buying in RIL, IT counters

Sensex climbs 398 points on buying in RIL, IT counters

Rediff.com9 Oct 2025

Among Sensex firms, Tata Steel, HCL Tech, UltraTech Cement, Bharat Electronics, Sun Pharma and Tata Consultancy Services were the major gainers. However, Axis Bank, Titan, Maruti and Tata Motors were among the laggards.

Tech Mahindra profit down 4.5%, sees limited impact from H-1B visa fees

Tech Mahindra profit down 4.5%, sees limited impact from H-1B visa fees

Rediff.com15 Oct 2025

Tech Mahindra's net profit declined 4.5 per cent to 1,195 crore in the September quarter over a year earlier. It was, however, slightly higher than 1,141 crore sequentially.

Persistent's premium valuations hinge on sustaining growth momentum

Persistent's premium valuations hinge on sustaining growth momentum

Rediff.com29 Oct 2025

The stock of mid-tier information technology (IT) major Persistent Systems has been one of the outperformers in the IT pack with a return of 5.3 per cent over the last year, while its peer index, the Nifty IT, is down 16.2 per cent over the same period. The strong September quarter (Q2FY26) result and upgrades by brokerages are positive but its ability to sustain growth momentum in a weak macroeconomic environment will be key for future gains. At the current levels, the stock is trading at a premium valuation of 38 times its FY27 earnings estimates.