News for 'banking'

RBI takes measured steps on liquidity amid tax outflows

RBI takes measured steps on liquidity amid tax outflows

Rediff.com9 Mar 2026

To meet liquidity pressure because of advance tax outflows this month, the Reserve Bank of India (RBI) has adopted a measured approach with its latest announcement of open-market operations (OMOs), worth Rs 1 trillion.

Cybersecurity Expert: Critical Infrastructure Attacks Threaten Lives

Cybersecurity Expert: Critical Infrastructure Attacks Threaten Lives

Rediff.com28 Mar 2026

A cybersecurity expert warns that cyberattacks are increasingly targeting critical infrastructure, posing direct risks to human lives beyond mere data theft. The convergence of IT and OT expands the attack surface, making sectors like aviation, transport, and public utilities highly vulnerable.

Kochi Cyber Police Recovers Majority of Funds Stolen in Digital Arrest Scam

Kochi Cyber Police Recovers Majority of Funds Stolen in Digital Arrest Scam

Rediff.com14 Mar 2026

Kochi city cyber police have recovered over 1 crore stolen from an 81-year-old man through a 'digital arrest' online fraud. The incident occurred in November when the man was defrauded of around 1.30 crore. Police intervention led to the recovery of 1.06 crore from a bank in Jammu and Kashmir.

How Kochi Police Recovered 1 Crore in Online Fraud Case

How Kochi Police Recovered 1 Crore in Online Fraud Case

Rediff.com14 Mar 2026

Kochi cyber police recovered over 1 crore stolen from an 81-year-old man through a 'digital arrest' online fraud. The police froze the funds in a bank account in Srinagar and returned the money to the victim.

Earnings upgrade to downgrade ratio improved after Q3

Earnings upgrade to downgrade ratio improved after Q3

Rediff.com3 Apr 2026

There are hopes of a turnaround in overall corporate earnings after six quarters of single digit growth.

Mumbai Woman Duped of 25 Lakh in Electricity Bill Fraud

Mumbai Woman Duped of 25 Lakh in Electricity Bill Fraud

Rediff.com25 Mar 2026

A 78-year-old woman in Mumbai was defrauded of over 25 lakh after a scammer gained access to her mobile phone under the guise of updating her electricity bill details.

Surat Yoga Teacher and Gang Circulated Fake Currency Worth Lakhs, Police Say

Surat Yoga Teacher and Gang Circulated Fake Currency Worth Lakhs, Police Say

Rediff.com24 Mar 2026

A yoga teacher from Surat and six others have been arrested in Ahmedabad for circulating fake Indian currency notes (FICN). Police estimate they may have circulated Rs 10 to 12 lakh in counterfeit money.

Ranchi Police Nab Four in Connection with Restaurant Employee's Murder

Ranchi Police Nab Four in Connection with Restaurant Employee's Murder

Rediff.com18 Mar 2026

Four individuals have been arrested in connection with the murder of a restaurant employee in Ranchi, Jharkhand, linked to an extortion attempt. The arrests followed a gunfight with police, and the investigation has uncovered a network of bank accounts used for illicit transactions.

Rupee closes at record low of 94.05 against US dollar

Rupee closes at record low of 94.05 against US dollar

Rediff.com25 Mar 2026

The Indian rupee weakened against the US dollar due to sustained foreign fund outflows and uncertainties in West Asia, although lower crude oil prices and a positive opening in domestic equity markets limited the losses.

Fraudulent Loan Attempt Uncovered at Pilibhit Tiger Reserve

Fraudulent Loan Attempt Uncovered at Pilibhit Tiger Reserve

Rediff.com6 Mar 2026

An attempt to secure a bank loan using forged signatures and documents related to the Pilibhit Tiger Reserve has been uncovered, prompting a police investigation.

Santiago Nieva Focuses on Technique for Indian Women Boxers at Asian Championships

Santiago Nieva Focuses on Technique for Indian Women Boxers at Asian Championships

Rediff.com27 Mar 2026

Head coach Santiago Nieva is focusing on technical discipline and a tighter defensive guard for the Indian women's boxing team at the Asian Championships in Ulaanbaatar, Mongolia.

Pilot Claims Vijayan and Modi Follow Similar Political Approaches

Pilot Claims Vijayan and Modi Follow Similar Political Approaches

Rediff.com26 Mar 2026

AICC general secretary Sachin Pilot has accused Kerala Chief Minister Pinarayi Vijayan of following similar political approaches to Prime Minister Narendra Modi, alleging a tacit understanding between the CPI(M) and the BJP in Kerala.

Pakistan Offers To Mediate Between Iran, US: Financial Times

Pakistan Offers To Mediate Between Iran, US: Financial Times

Rediff.com23 Mar 2026

'Pakistan has pitched Islamabad as a possible venue for talks as early as this week involving senior figures from the Trump administration and Iran,' the Financial Times reported.

Stock Markets Today March 25, 2026 ' Sensex, Nifty50 Rally on US-Iran Ceasefire Hopes

Stock Markets Today March 25, 2026 ' Sensex, Nifty50 Rally on US-Iran Ceasefire Hopes

Rediff.com25 Mar 2026

Indian markets on Dalal Street rallied sharply as easing tensions in the US-Iran conflict and stable oil prices boosted sentiment. Track Nifty 50 and BSE Sensex performance and key global triggers.

Beware: 'Digital Lutera' toolkit targets UPI users, warns cyber firm

Beware: 'Digital Lutera' toolkit targets UPI users, warns cyber firm

Rediff.com12 Mar 2026

Cyber intelligence firm CloudSEK reports that online fraudsters are using a new toolkit called 'Digital Lutera' to bypass security features of UPI apps and carry out fraudulent financial transactions.

Job Aspirants in Mumbai Fall Prey to 23 Lakh BMC Job Scam

Job Aspirants in Mumbai Fall Prey to 23 Lakh BMC Job Scam

Rediff.com14 Mar 2026

Two young men in Mumbai were defrauded of 23.43 lakh after being promised jobs in the Brihanmumbai Municipal Corporation (BMC). The accused, posing as a BMC employee, assured them of supervisor positions in the water department in exchange for money, providing fake joining letters and identity cards.

India now Maoist-free, declares Amit Shah in Lok Sabha; slams Rahul Gandhi

India now Maoist-free, declares Amit Shah in Lok Sabha; slams Rahul Gandhi

Rediff.com31 Mar 2026

Union Home Minister Amit Shah criticised the Congress party for its alleged inaction in addressing Maoist violence during its long rule, while highlighting the Modi government's success in nearly eradicating Maoists from Bastar, Chhattisgarh.

Punjab Governor Highlights Aadhaar's Role in Governance and Welfare

Punjab Governor Highlights Aadhaar's Role in Governance and Welfare

Rediff.com24 Mar 2026

Punjab Governor Gulab Chand Kataria emphasised the importance of Aadhaar in promoting good governance, transparency, and ease of living, highlighting its role in ensuring welfare benefits reach the intended recipients and strengthening the rural economy through Direct Benefit Transfer.

Delhi Police Nab Two in Online Investment Fraud Case Involving 21 Lakh

Delhi Police Nab Two in Online Investment Fraud Case Involving 21 Lakh

Rediff.com23 Mar 2026

Delhi Police have arrested two individuals from Rajasthan for allegedly defrauding a Delhi resident of over 21 lakh through a high-return online investment scam. The accused lured the victim with promises of lucrative returns and prepaid tasks.

Police Investigate Man's Murder in Ballia, Uttar Pradesh

Police Investigate Man's Murder in Ballia, Uttar Pradesh

Rediff.com21 Mar 2026

A 45-year-old man was found murdered with his throat slit in Ballia district, Uttar Pradesh. Police have launched an investigation and are searching for the perpetrators.

Cybercrime Ring Busted: Delhi Police Uncovers Digital Arrest and Fake IPO Scams

Cybercrime Ring Busted: Delhi Police Uncovers Digital Arrest and Fake IPO Scams

Rediff.com25 Mar 2026

Delhi Police have arrested six individuals linked to interstate cybercrime syndicates involved in digital arrest, fake IPO, and trading scams, recovering millions of rupees.

Delhi Police Cracks Down on Social Media Rumours in Uttam Nagar Murder Case

Delhi Police Cracks Down on Social Media Rumours in Uttam Nagar Murder Case

Rediff.com13 Mar 2026

Delhi Police has initiated legal action against social media accounts spreading rumours and misleading content related to the Uttam Nagar murder case, including a viral video seeking financial donations. Authorities have frozen a suspect bank account containing nearly Rs 37 lakh and are working with social media platforms to remove inflammatory content.

Sensex, Nifty Tumble as Middle East Conflict Fuels Oil Price Surge

Sensex, Nifty Tumble as Middle East Conflict Fuels Oil Price Surge

Rediff.com23 Mar 2026

Indian benchmark indices Sensex and Nifty experienced a sharp decline in early trading due to escalating tensions in the Middle East, driving crude oil prices higher. Global market bearishness and foreign fund outflows further contributed to investor unease.

Rajasthan Police Move to Seize Assets Linked to Online Betting Ring

Rajasthan Police Move to Seize Assets Linked to Online Betting Ring

Rediff.com16 Mar 2026

Rajasthan Police have initiated proceedings to attach properties worth approximately Rs 35 crore linked to an online betting racket in Karauli district, as part of 'Operation Shikanja'.

Maoist Surrenders Signal Insurgency's Endgame

Maoist Surrenders Signal Insurgency's Endgame

Rediff.com31 Mar 2026

As the March 31 deadline arrives, a wave of Maoist surrenders suggests insurgency's end, but political and social concerns remain.

PSPB and RBI Set Up Title Clash at Table Tennis Nationals

PSPB and RBI Set Up Title Clash at Table Tennis Nationals

Rediff.com16 Mar 2026

Petroleum Sports Promotion Board (PSPB) and Reserve Bank of India (RBI) will compete in the final of the 87th UTT Senior National Table Tennis Championships after defeating Uttar Pradesh and Karnataka respectively.

Uttarakhand HC Demands Status Reports in 'Mohammad Deepak' Case

Uttarakhand HC Demands Status Reports in 'Mohammad Deepak' Case

Rediff.com17 Mar 2026

The Uttarakhand High Court has directed state authorities to provide status reports on FIRs related to the 'Mohammad Deepak' incident, where a gym operator confronted Bajrang Dal activists harassing a Muslim shopkeeper.

RBI proposes to cap banks' dividend payout at 75% of net profit

RBI proposes to cap banks' dividend payout at 75% of net profit

Rediff.com7 Jan 2026

The Reserve Bank of India (RBI) on Tuesday came out with a draft framework on declaration of dividend by banks, as it proposed capping dividend payout to shareholders at 75 per cent of their net profit-- also called profit after tax (PAT).

Iran launches 80 strikes as Israel hits missile sites

Iran launches 80 strikes as Israel hits missile sites

Rediff.com25 Mar 2026

The IRGC said the strikes were conducted in support of offensives by Hezbollah and residents of southern Lebanon, and described them as the beginning of a series of pre-announced operations against Israel.

BJP MLC kept under 'digital arrest' for 90 minutes posing as ATS sleuths

BJP MLC kept under 'digital arrest' for 90 minutes posing as ATS sleuths

Rediff.com5 Mar 2026

A BJP MLC in Sultanpur, Uttar Pradesh, has filed a complaint alleging he was held under 'digital arrest' by individuals posing as Mumbai ATS officers.

Shah Alleges West Bengal Government Aided Infiltration, Defends Voter List Revision

Shah Alleges West Bengal Government Aided Infiltration, Defends Voter List Revision

Rediff.com27 Mar 2026

Union Home Minister Amit Shah accuses the West Bengal government of openly facilitating infiltration, defends the Special Intensive Revision of voter lists, and asserts BJP's prospects in upcoming elections.

Cyberfraudsters Dupe Thane Man of 1.56 Crore with 'Digital Arrest' Scam

Cyberfraudsters Dupe Thane Man of 1.56 Crore with 'Digital Arrest' Scam

Rediff.com11 Mar 2026

A 64-year-old man from Thane was allegedly defrauded of 1.56 crore by cybercriminals using a 'digital arrest' scam, involving forged documents and constant surveillance.

ED Raids Reliance Power Offices in Money Laundering Case

ED Raids Reliance Power Offices in Money Laundering Case

Rediff.com6 Mar 2026

The Enforcement Directorate conducted searches at multiple locations in Mumbai and Hyderabad as part of a money laundering investigation against Reliance Power Ltd., a group company of businessman Anil Ambani.

How This Model Stays Calm At Fashion Week

How This Model Stays Calm At Fashion Week

Rediff.com20 Mar 2026

Lakme model Anushka Dhaka tells Rediff's Hitesh Harisinghani what makes the runway so thrilling for her, and the simple rituals that help her stay calm before the spotlight hits.

Gold futures plunge Rs 8,089 to Rs 1.36 lakh/10g on global selloff, inflation fears

Gold futures plunge Rs 8,089 to Rs 1.36 lakh/10g on global selloff, inflation fears

Rediff.com23 Mar 2026

Gold prices experienced a significant drop in futures trading due to global selloff, inflation concerns, and a strong US dollar. Analysts predict a continued downward trend amid geopolitical tensions and potential rate hikes.

Pune Businessman Accuses Godman of 600,000 Fraud

Pune Businessman Accuses Godman of 600,000 Fraud

Rediff.com26 Mar 2026

A Pune-based businessman has accused self-styled godman Ashok Kharat of defrauding him of Rs 6 crore (600,000) under the guise of helping him establish a logistics business abroad. This is the eighth case registered against Kharat, who is already in police custody on separate charges.

Why I Want Iran To Win

Why I Want Iran To Win

Rediff.com28 Mar 2026

For that to happen America does not have to lose. It only has to do the right thing, asserts Aakar Patel.

Stock Market Today March 24, 2026: Sensex, Nifty50 Surge on US-Iran Relief

Stock Market Today March 24, 2026: Sensex, Nifty50 Surge on US-Iran Relief

Rediff.com24 Mar 2026

Indian markets on Dalal Street rallied sharply as easing tensions in the US-Iran conflict and stable oil prices boosted sentiment. Track Nifty 50 and BSE Sensex performance and key global triggers.

Sensex down 376 points on selling in RIL, HDFC Bank

Sensex down 376 points on selling in RIL, HDFC Bank

Rediff.com6 Jan 2026

Reliance Industries cracked 4.42 per cent, while ITC, Kotak Mahindra Bank, InterGlobe Aviation, and HDFC Bank were also among the laggards. However, ICICI Bank, Sun Pharma, Hindustan Unilever, and State Bank of India were among the gainers.

Man Held in Cyber Fraud Case Involving Senior Citizen

Man Held in Cyber Fraud Case Involving Senior Citizen

Rediff.com6 Mar 2026

Mumbai police have arrested a man from Gujarat for his alleged involvement in a cyber fraud case where a senior citizen was duped of Rs 2.25 crore after being threatened with arrest in a fake terrorism-related probe.