News for 'banking'

187 bank transfers in 6 months: Woman loses Rs 32cr in digital arrest

187 bank transfers in 6 months: Woman loses Rs 32cr in digital arrest

Rediff.com17 Nov 2025

A 57-year-old woman in Bengaluru was allegedly defrauded of approximately Rs 32 crore in a 'digital arrest' scam. Posing as CBI officers, fraudsters coerced her into sharing financial details and making numerous bank transfers over six months.

PIX: Manchester City, Villa held; Chelsea lose to Fulham

PIX: Manchester City, Villa held; Chelsea lose to Fulham

Rediff.com8 Jan 2026

Arsenal's Premier League title prospects were enhanced without them even kicking a ball on Wednesday as their closest challengers Manchester City and Aston Villa both dropped points.

It Is Hard To Know How The Economy Is Truly Performing

It Is Hard To Know How The Economy Is Truly Performing

Rediff.com23 Dec 2025

The core dilemma remains: Why provide further stimulus to an economy that is already booming at an 8 per cent growth rate? asks Rajeswari Sengupta.

Bangladesh: Hindu businessman hacked, set on fire

Bangladesh: Hindu businessman hacked, set on fire

Rediff.com2 Jan 2026

A Hindu businessman in Bangladesh was brutally attacked, hacked, and set on fire by unidentified assailants. The victim, Khokon Chandra Das, was attacked while returning home from his shop. He sustained severe injuries and is receiving treatment in Dhaka. Police are investigating the incident.

Banks can now fund India Inc's M&A drive

Banks can now fund India Inc's M&A drive

Rediff.com2 Oct 2025

The Reserve Bank of India (RBI) on Wednesday met the long-standing demand of banks by allowing them to finance acquisitions by Indian companies, a move that also expands banks' capital market lending in the country.

Bharat vrooms ahead of India in car sales growth

Bharat vrooms ahead of India in car sales growth

Rediff.com7 Jan 2026

Rural India outpaced urban centres in passenger vehicle sales in 2025, recording a growth of 12 per cent compared with 8 per cent in cities.

Sensex slips 43 pts; IT shares fall on profit-taking

Sensex slips 43 pts; IT shares fall on profit-taking

Rediff.com23 Dec 2025

Among Sensex firms, Infosys, Bharti Airtel, Adani Ports, Sun Pharma, Tech Mahindra, Eternal, Axis Bank and Maruti were the major laggards. However, ITC, UltraTech Cement, Tata Steel and HDFC Bank were among the gainers.

Bhupesh Baghel's son Chaitanya released from jail

Bhupesh Baghel's son Chaitanya released from jail

Rediff.com3 Jan 2026

Chaitanya Baghel, son of Congress leader Bhupesh Baghel, was released from jail after being granted bail in cases related to the alleged liquor scam in Chhattisgarh. The release was met with celebration by Congress supporters.

Duped of Rs 8 crore, ex-IPS officer attempts suicide

Duped of Rs 8 crore, ex-IPS officer attempts suicide

Rediff.com22 Dec 2025

Former IPS officer Amar Singh Chahal allegedly shot himself after claiming he was duped of Rs 8.10 crore by cyber thugs. He was one of the accused in the 2015 police firing cases related to anti-sacrilege protests in Faridkot.

Revealed: CM Nitish poorer than ministers, assets put at Rs 1.65 cr

Revealed: CM Nitish poorer than ministers, assets put at Rs 1.65 cr

Rediff.com31 Dec 2025

Bihar Chief Minister Nitish Kumar's assets have increased slightly to Rs 1.65 crore, while several ministers are wealthier, according to the latest asset disclosure.

ED restores over Rs 300 crore for ex-employees of Kingfisher Airlines

ED restores over Rs 300 crore for ex-employees of Kingfisher Airlines

Rediff.com19 Dec 2025

The Enforcement Directorate on Thursday said it has restituted funds worth more than Rs 300 crore towards long-pending dues of the former workers of now defunct Kingfisher Airlines that was promoted by fugitive liquor baron Vijay Mallya.

Structural gains, valuation support positive for PSU bank stocks

Structural gains, valuation support positive for PSU bank stocks

Rediff.com7 Oct 2025

Public-sector banks (PSBs) are attracting the attention of investors and the PSU Bank Index has gained nearly 10 per cent in the past month. PSBs have seen return on assets (RoA) climbing to 1 per cent in 2024-2025 (FY25) and margins are believed to have moved up further in the first half of this financial year (H1FY26) with asset quality remaining stable.

How Gadchiroli Broke The Maoist Backbone

How Gadchiroli Broke The Maoist Backbone

Rediff.com12 Jan 2026

'The watershed moment was June 22, 2024, when the divisional in-charge of Gadchiroli, Giridhar Tumreti, who was their senior-most commander, along with his wife, came forward to surrender before the then deputy chief minister and home minister Devendra Fadnavis.'

Stock markets end lower in volatile trade

Stock markets end lower in volatile trade

Rediff.com24 Dec 2025

From the 30-Sensex firms, InterGlobe Aviation, Sun Pharma, Asian Paints, Reliance Industries, Hindustan Unilever, and Tata Steel were among the biggest laggards. However, Trent, UltraTech Cement, Maruti, and Power Grid were among the gainers.

Guj IAS officer in the dock as ED unearths land clearance bribe grid

Guj IAS officer in the dock as ED unearths land clearance bribe grid

Rediff.com4 Jan 2026

Former Surendranagar collector Rajendrakumar Patel is accused of fixing bribe rates for approving change of land use applications, according to the Enforcement Directorate.

Bangladesh: Hindu businessman dies 3 days after attack

Bangladesh: Hindu businessman dies 3 days after attack

Rediff.com3 Jan 2026

A Hindu businessman in Bangladesh died after being brutally attacked, raising concerns among minority groups about increasing intimidation and violence.

PM Internship Scheme Tweaks Ahead

PM Internship Scheme Tweaks Ahead

Rediff.com2 Jan 2026

The 12-month programme is expected to offer shorter internship duration in the third phase of the pilot in certain sectors such as services.

Sensex jumps 485 points on gains in banking, oil shares

Sensex jumps 485 points on gains in banking, oil shares

Rediff.com17 Oct 2025

Among Sensex firms, Asian Paints jumped the most by 4.18 per cent. Mahindra & Mahindra, Bharti Airtel, ITC, Hindustan Unilever, ICICI Bank and Reliance Industries were also among the gainers. However, Infosys, HCL Tech, Eternal, Tech Mahindra and Tata Steel were among the laggards.

IPO Market Shows No Sign Of Slowing

IPO Market Shows No Sign Of Slowing

Rediff.com2 Jan 2026

'The first time India has seen two consecutive blockbuster IPO years.'

Sensex sheds 367 points on foreign fund outflows

Sensex sheds 367 points on foreign fund outflows

Rediff.com26 Dec 2025

From the 30-Sensex firms, Bajaj Finance, Asian Paints, HCL Tech, Tata Consultancy Services, Eternal and Sun Pharma were among the biggest laggards. However, Titan, NTPC, Axis Bank, UltraTech Cement, Reliance Industries and Hindustan Unilever were the gainers.

Sensex rallies 638 pts, Nifty settles above 26,000

Sensex rallies 638 pts, Nifty settles above 26,000

Rediff.com22 Dec 2025

From the 30-Sensex firms, Trent, Infosys, Bharti Airtel, Tech Mahindra, Bharat Electronics and Maruti were among the biggest gainers. However, State Bank of India, Kotak Mahindra Bank, Larsen & Toubro and Titan were the laggards.

US will come to rescue if Iran targets protesters, warns Trump

US will come to rescue if Iran targets protesters, warns Trump

Rediff.com2 Jan 2026

This comes as people in Iran continue to protest against rising prices and economic hardship pouring into the streets across several provinces in Iran, with some protests escalating into fatal confrontations with security forces, CNN reported.

Why There's A Music Revolution

Why There's A Music Revolution

Rediff.com3 Jan 2026

With the music industry pushing for growth in the paid subscription segment, Universal Music India anticipates that the Indian market will mature, potentially becoming a highly impactful paid market for music over the next five years.

New market code may constrain Sebi funding

New market code may constrain Sebi funding

Rediff.com29 Dec 2025

As the government moves to revamp India's securities legislation, unifying three different laws into the Securities Markets Code (SMC), regulatory experts and market insiders have raised concerns on potential funding challenges for the stock market regulator.

Santa Goes Boating in Surat

Santa Goes Boating in Surat

Rediff.com18 Dec 2025

A man dressed as Santa Claus rows a boat on the Tapi river in Surat.

Digital Scams Are Getting Smarter

Digital Scams Are Getting Smarter

Rediff.com12 Dec 2025

'Just like oral hygiene, cyber hygiene must become a daily habit,' says Beena Vaheed, executive director, Bank of Baroda. 'It is not enough to rely only on banks, companies, or the government. Each of us must play our part.'

Assam Intensifies Eviction Drives

Assam Intensifies Eviction Drives

Rediff.com7 Jan 2026

'Losing a house is a terrible feeling... We were not given enough time to shift our belongings.'

Sensex jumps 448 points on fresh fund inflows

Sensex jumps 448 points on fresh fund inflows

Rediff.com19 Dec 2025

From the 30-Sensex firms, Bharat Electronics, Power Grid, Tata Motors Passenger Vehicles, Asian Paints, Reliance Industries, and Bajaj Finserv were among the biggest gainers. However, HCL Tech, Kotak Mahindra Bank, ICICI Bank, and Sun Pharma were the laggards.

Hydel power project on Chenab: Pak senator cries foul

Hydel power project on Chenab: Pak senator cries foul

Rediff.com29 Dec 2025

A Pakistani senator has warned that India's approval of a hydel power project on the Chenab River will further inflame tensions between the two countries, particularly in light of the suspended Indus Waters Treaty.

The Biker Dadis Of Ahmedabad

The Biker Dadis Of Ahmedabad

Rediff.com25 Dec 2025

Mandakini Shah, 87, and her sibling, Ushaben, 84, have become local stars since they started riding through Ahmedabad on their scooter

'Number Of Jobs Has Increased!'

'Number Of Jobs Has Increased!'

Rediff.com29 Dec 2025

'There are new job roles that are emerging because of AI.'

Sensex down 78 points on weak global trends

Sensex down 78 points on weak global trends

Rediff.com18 Dec 2025

Among Sensex firms, Sun Pharma, Tata Steel, Power Grid, Asian Paints, NTPC and Bharti Airtel were the biggest laggards. Tata Consultancy Services, Tech Mahindra, Infosys, Adani Ports, Axis Bank and HCL Tech were among the gainers.

Axis Bank Q2 net down 26% to Rs 5,090 cr

Axis Bank Q2 net down 26% to Rs 5,090 cr

Rediff.com15 Oct 2025

Axis Bank on Wednesday reported a 26 per cent decline in standalone net profit to Rs 5,089.64 crore annually for the quarter ended September 2025. The private sector lender posted a profit of Rs 6,917.57 crore for the July-September quarter in 2024-25.

'GCCs Have Evolved To Strategic Innovation Hubs'

'GCCs Have Evolved To Strategic Innovation Hubs'

Rediff.com6 Jan 2026

'Solutions developed in India are being commercialised and offered globally because we're executing at scale, creating new markets and revenue streams.'

Aramco, OIL likely to pick up stake in BPCL's Andhra refinery

Aramco, OIL likely to pick up stake in BPCL's Andhra refinery

Rediff.com30 Dec 2025

State-owned Bharat Petroleum Corporation Ltd (BPCL) is willing to dilute a 30-40 per cent stake in its upcoming greenfield refinery in Andhra Pradesh, with Gulf energy major Saudi Aramco and upstream player Oil India Ltd (OIL) likely to join as partners, a senior BPCL executive said.

Sir Don Bradman's iconic Baggy Green to go under hammer

Sir Don Bradman's iconic Baggy Green to go under hammer

Rediff.com30 Dec 2025

Bradman wore that cap during the 1947/48 series against the first Indian team to tour Australia. The series saw Bradman amassing 715 runs from six innings.

HDFC Bank barred from onboarding new clients in Dubai branch

HDFC Bank barred from onboarding new clients in Dubai branch

Rediff.com27 Sep 2025

HDFC Bank has been barred from onboarding new customers at its Dubai International Financial Centre branch by the local regulator. HDFC Bank, India's largest private sector lender, said it has initiated the necessary steps to comply with the notice of the Dubai Financial Services Authority and added that it does not see any material impact from it.

Banks, NBFCs Light Up Season With Special Offers

Banks, NBFCs Light Up Season With Special Offers

Rediff.com24 Sep 2025

Banks and NBFCs are launching festival offers, including lower loan rates, cashback, EMI schemes and GST-linked benefits to tap rising demand ahead of Diwali

Sensex jumps 427 points on buying in metal, auto shares

Sensex jumps 427 points on buying in metal, auto shares

Rediff.com11 Dec 2025

Among the Sensex constituents, Eternal, Tata Steel, Kotak Mahindra Bank, UltraTech Cement, Maruti Suzuki India, Sun Pharmaceuticals, Tech Mahindra, HDFC Bank, Tata Motors Passenger Vehicles, Infosys, Trent, Mahindra & Mahindra, Reliance Industries and HCL Technologies were the gainers. However, Asian Paints, Bharti Airtel, Bajaj Finance, PowerGrid, Axis Bank, ICICI Bank and Titan were among the laggards.

Sitharaman Orders Banks to Return Unclaimed Citizens' Money

Sitharaman Orders Banks to Return Unclaimed Citizens' Money

Rediff.com23 Sep 2025

Given that a sizeable part of this money is part of the coveted current accounts and savings accounts, it is surprising that banks are not in a hurry to revive these accounts, notes Tamal Bandyopdhyay.