News for 'banking'

Realme Narzo Power 5G Arrives With A 10,001mAh Battery

Realme Narzo Power 5G Arrives With A 10,001mAh Battery

Rediff.com5 days ago

Realme has introduced its new Realme Narzo Power 5G handset in the Indian market, highlighted by an enormous 10,001mAh power unit.

Deposit Rate Cuts Tough For Banks As Govt Retains Small Savings Rates

Deposit Rate Cuts Tough For Banks As Govt Retains Small Savings Rates

Rediff.com14 Jan 2026

'The government's decision to keep interest rates unchanged on small savings schemes will certainly constrain banks' ability to cut deposit rates further.'

Sensex gains 480 points as investors cheer US SC tariff verdict

Sensex gains 480 points as investors cheer US SC tariff verdict

Rediff.com23 Feb 2026

Indian equity markets closed higher, driven by gains in PSU bank, auto, and financial stocks, following the US Supreme Court's decision on tariffs. Sensex climbed 479.95 points to 83,294.66, and Nifty advanced 141.75 points to 25,713.

Blue-chips Reliance, ICICI Bank drag Sensex down by 324 points

Blue-chips Reliance, ICICI Bank drag Sensex down by 324 points

Rediff.com19 Jan 2026

ICICI Bank, Eternal, Titan, Adani Ports, Tata Consultancy Services and UltraTech Cement were also among the laggards. However, InterGlobe Aviation, Tech Mahindra, Hindustan Unilever and Bajaj Finance were among the gainers.

Stock markets on March 10, 2026: Sensex jumped 640 points

Stock markets on March 10, 2026: Sensex jumped 640 points

Rediff.com4 days ago

Indian stock market benchmarks Sensex and Nifty rebounded strongly after a two-day decline, driven by falling crude oil prices and positive global cues amid hopes of de-escalation in the Middle East.

Main Contractor Arrested After Fatal Janakpuri Pit Incident

Main Contractor Arrested After Fatal Janakpuri Pit Incident

Rediff.com4 days ago

Delhi Police have arrested the main contractor responsible for the unsecured sewage pit in Janakpuri, which led to the death of a 25-year-old bank employee last month. The contractor, Himanshu Gupta, was apprehended in Udaipur, Rajasthan, after a month-long search.

IPL 2026: 'This Could Be Last Time We See Dhoni In Yellow Jersey'

IPL 2026: 'This Could Be Last Time We See Dhoni In Yellow Jersey'

Rediff.com1 days ago

'I'm not sure how many games he will play. But his presence in the dressing room will help a lot.'

Court Accepts Closure Report in MSCB Scam Case

Court Accepts Closure Report in MSCB Scam Case

Rediff.com27 Feb 2026

A Mumbai court has accepted the closure report submitted by the Economic Offences Wing (EOW) in the Maharashtra State Cooperative Bank (MSCB) scam case, giving a clean chit to Ajit Pawar and other accused.

Loan growth, margins set to improve for banks in Q3

Loan growth, margins set to improve for banks in Q3

Rediff.com8 Jan 2026

The banking sector could see better loan growth in the third quarter of financial year 2026 (Q3FY26) with improved net interest margins (NIMs), though the full impact of latest rate cuts will be largely felt in the fourth quarter. There may be lower slippage in unsecured loans and microfinance institutions (MFIs) along with steady recovery trends, which should lower credit cost.

Energy, banking and metal stocks push Sensex up 302 points

Energy, banking and metal stocks push Sensex up 302 points

Rediff.com12 Jan 2026

From the 30-Sensex firms, Tata Steel, Asian Paints, Trent, State Bank of India, Hindustan Unilever, UltraTech Cement, ICICI Bank and Bharti Airtel were among the gainers. On the other hand, Infosys, Bajaj Finance, Bharat Electronics, Larsen & Toubro and HDFC Bank were the laggards.

WATCH: The Mistake Rajpal Yadav Made

WATCH: The Mistake Rajpal Yadav Made

Rediff.com2 Mar 2026

'In the past 20 days, I've received everything from kids' piggy banks to Rs 1 crore (Rs 10 million) through social media. I want to thank them for their sympathy. I also want to ask them to send their bank details. I just need time, but will pay them all back with respect.'

IDFC First Bank cuts savings account rates, introduces new balance slabs

IDFC First Bank cuts savings account rates, introduces new balance slabs

Rediff.com9 Jan 2026

Private sector lender IDFC First Bank has lowered its savings account rates and introduced new slabs for small and medium balance categories, effective January 9, 2025, as per its website. The interest slabs and rates for higher balance accounts remain unchanged. Despite the revision, the bank continues to offer one of the highest savings account interest rates in the industry among mid-sized banks.

Nirav Modi's Brothers Served Notices in PNB Scam Case

Nirav Modi's Brothers Served Notices in PNB Scam Case

Rediff.com5 Mar 2026

A special court in Mumbai has issued notices to Nirav Modi's brothers, Neeshal and Nehal, asking them to explain why they should not be declared fugitive economic offenders in connection with the Punjab National Bank scam.

ED attaches Anil Ambani's Rs 3,716-crore house 'Abode'

ED attaches Anil Ambani's Rs 3,716-crore house 'Abode'

Rediff.com25 Feb 2026

The Enforcement Directorate attached Reliance Group chairman Anil Ambani's Mumbai house, 'Abode', worth Rs 3,716 crore under the anti-money laundering law, official sources said on Wednesday.

Man Held for Allegedly Cheating Businessman of 1.37 Crore in Meat Export Scam

Man Held for Allegedly Cheating Businessman of 1.37 Crore in Meat Export Scam

Rediff.com28 Feb 2026

A 36-year-old man was arrested for allegedly cheating a businessman of around Rs 1.37 crore on the pretext of investing in a meat export business.

Rupee falls 18 paise to close at 91.82 against US dollar

Rupee falls 18 paise to close at 91.82 against US dollar

Rediff.com7 days ago

The Indian rupee weakened against the US dollar due to rising crude oil prices, geopolitical tensions in the Middle East, and foreign fund outflows.

ADB flags India's oil vulnerability amid rising West Asia tensions

ADB flags India's oil vulnerability amid rising West Asia tensions

Rediff.com7 days ago

Asian Development Bank (ADB) on Friday warned that India's limited crude oil reserves of about 100 million barrels - sufficient for only 40-45 days of consumption - leave the country particularly vulnerable to supply disruptions through the Strait of Hormuz amid the ongoing war in West Asia.

How an MLA was nearly scammed by cyber fraudsters claiming a terror link

How an MLA was nearly scammed by cyber fraudsters claiming a terror link

Rediff.com7 days ago

A Kerala MLA, K Shantakumari, was targeted by cyber fraudsters claiming a connection to a bomb blast case and using her identity. The MLA reported the incident to the cyber cell after her son identified inconsistencies in the video call.

Stock Market Crash: Investors Lose Rs 16.32 Lakh Crore in Two Days

Stock Market Crash: Investors Lose Rs 16.32 Lakh Crore in Two Days

Rediff.com4 Mar 2026

Indian equity investors experienced a significant loss of 16.32 lakh crore due to a two-day stock market decline fueled by escalating geopolitical tensions involving the US, Israel, and Iran.

UP Man Murders Brother Over Property and Humiliation

UP Man Murders Brother Over Property and Humiliation

Rediff.com6 days ago

A man in Uttar Pradesh's Chandauli district has been arrested for allegedly killing his younger brother due to a property dispute and ongoing financial tensions. The accused confessed to the crime, citing humiliation and a desire to control his brother's assets as motives.

CBI Arrests Key Accused in Massive Gain Bitcoin Scam

CBI Arrests Key Accused in Massive Gain Bitcoin Scam

Rediff.com3 days ago

The Central Bureau of Investigation (CBI) has arrested Ayush Varshney, co-founder of Darwin Labs, in connection with the 200 million Gain Bitcoin cryptocurrency scam. Varshney was apprehended while attempting to flee the country.

Rupee Hits All-Time Low as Oil Prices Surge and Dollar Strengthens

Rupee Hits All-Time Low as Oil Prices Surge and Dollar Strengthens

Rediff.com4 days ago

The Indian rupee crashed to a record closing low against the US dollar due to rising global crude oil prices, a strengthening dollar, and geopolitical tensions in the Middle East.

Street Signs: Narrowing window, upping the colo game, and test of patience

Street Signs: Narrowing window, upping the colo game, and test of patience

Rediff.com5 days ago

With domestic markets turning choppy, investors are increasingly scouting for opportunities overseas to diversify portfolios and hedge against a weakening rupee.

Stock Market Today Feb 26, 2026: Sensex, Nifty End Mixed In Volatile Trade

Stock Market Today Feb 26, 2026: Sensex, Nifty End Mixed In Volatile Trade

Rediff.com26 Feb 2026

Indian equity markets experienced a volatile trading day, with the Sensex and Nifty closing almost flat. Market sentiment was influenced by global cues, US-Iran talks, and profit-booking activities.

Model Accuses IPL Cricketer Amit Mishra of Dowry Harassment and Assault

Model Accuses IPL Cricketer Amit Mishra of Dowry Harassment and Assault

Rediff.com4 days ago

A model has filed a complaint in a Kanpur court against her husband, IPL cricketer Amit Mishra, accusing him and his family of dowry harassment, assault, and abetment to suicide.

Smallcap Segment Is Volatile

Smallcap Segment Is Volatile

Rediff.com2 days ago

'Except for extremely conservative investors, others can consider allocating 10 to 20 per cent of their portfolio to small caps.'

Stock Market Today March 9, 2026: Sensex tanks 1,353 points

Stock Market Today March 9, 2026: Sensex tanks 1,353 points

Rediff.com5 days ago

Indian equity markets experienced a significant downturn, with the Sensex and Nifty plummeting due to rising crude oil prices, geopolitical tensions in West Asia, and continuous foreign fund outflows.

Banks 'resilient' but face stiff fund mobilisation competition

Banks 'resilient' but face stiff fund mobilisation competition

Rediff.com30 Dec 2025

The country's banking system, while remaining "resilient" with bad loans at over a decade low and strong capital buffers, will continue to face intense competition from non-bank sources for resource mobilisation, said the Reserve Bank of India's (RBI's) Trend and Progress of Banking in India 2024-25 report.

How Punjab Police Uncovered a Cyber Fraud Ring Preying on Women

How Punjab Police Uncovered a Cyber Fraud Ring Preying on Women

Rediff.com4 days ago

Punjab Police have arrested three members of a cyber fraud gang who used voice-changing software and fake social media profiles to extort money from women by threatening to circulate AI-generated objectionable videos.

Shirtless protest at AI Summit: Two more arrested, funds under lens

Shirtless protest at AI Summit: Two more arrested, funds under lens

Rediff.com27 Feb 2026

Delhi Police have arrested two more Indian Youth Congress workers in connection with a 'shirtless' protest at the AI Summit, bringing the total arrests to 14. Authorities are investigating the financial trail behind the protest, suspecting funds meant for Bihar Assembly elections may have been diverted.

OTP Scams Top Cyber Fraud List

OTP Scams Top Cyber Fraud List

Rediff.com27 Feb 2026

OTP scams accounted for over one-fourth of all cyber frauds.

Tata Trusts Back Chandra's Third Term

Tata Trusts Back Chandra's Third Term

Rediff.com5 days ago

The government is closely watching the fast-paced developments at the salt-to-semiconductor conglomerate.

Attack that killed Indian crew member was deliberate: Safesea chief

Attack that killed Indian crew member was deliberate: Safesea chief

Rediff.com1 days ago

The chairman of maritime company Safesea Group has described the attack on the US-owned crude oil tanker Safesea Vishnu, which resulted in the death of an Indian crew member, as "deliberate and calculated". He emphasised the need for governments to ensure the safety of commercial shipping lanes and seafarers.

Gold poised for volatile week as West Asia crisis roils markets

Gold poised for volatile week as West Asia crisis roils markets

Rediff.com5 days ago

Gold prices are expected to remain volatile next week as investors track geopolitical developments in the Middle East and key macroeconomic data releases that could shape the sentiment in the domestic market, analysts said.

India women crush Uruguay in FIH WC Qualifiers opener

India women crush Uruguay in FIH WC Qualifiers opener

Rediff.com5 days ago

The Indian women's hockey team began their FIH World Cup Qualifiers 2026 campaign with a convincing 4-0 victory over Uruguay, showcasing a dominant performance in Hyderabad.

India's Young Women Face Employment Gap

India's Young Women Face Employment Gap

Rediff.com4 days ago

'India cannot speak of a demographic dividend if half its young women are unable to participate in paid work.'

Gold, Silver Prices Poised for Rally Amid Geopolitical Uncertainty

Gold, Silver Prices Poised for Rally Amid Geopolitical Uncertainty

Rediff.com1 Mar 2026

Analysts predict a surge in gold and silver prices as investors seek safe-haven assets due to escalating tensions in the Middle East. The impact on domestic prices will depend on the conflict's duration, with geopolitical factors and macroeconomic data also playing a role.

Man Accused of Leaking Navy Secrets to Pakistan Denied Bail

Man Accused of Leaking Navy Secrets to Pakistan Denied Bail

Rediff.com6 days ago

A court in Thane, Maharashtra, has denied bail to a junior service engineer accused of leaking sensitive information about warships and submarines to Pakistani nationals, citing the serious nature of the offence.

'Will My Mother's Gold Sale Attract IT?'

'Will My Mother's Gold Sale Attract IT?'

Rediff.com27 Feb 2026

rediffGURU T S Khurana answers readers' personal income tax queries

Iran crisis: Gold, Silver Prices Jump on Safe-Haven Demand

Iran crisis: Gold, Silver Prices Jump on Safe-Haven Demand

Rediff.com2 Mar 2026

Precious metal prices surged in futures trading, with silver hitting Rs 2.93 lakh per kg and gold nearing Rs 1.68 lakh per 10 grams, driven by safe-haven demand following US-Israel strikes in Iran and retaliatory attacks.