News for 'banks'

Iran fires new solid-fuel missiles in latest wave of attacks

Iran fires new solid-fuel missiles in latest wave of attacks

Rediff.com3 days ago

The Islamic Revolutionary Guard Corps (IRGC) has declared the commencement of its 27th offensive under Operation True Promise 4, targeting American and Israeli positions in response to what it termed a new wave of 'unprovoked US-Israeli aggression against the Islamic Republic', Iranian state broadcaster Press TV reported.

Couple Nabbed for Selling Same Flat Multiple Times

Couple Nabbed for Selling Same Flat Multiple Times

Rediff.com27 Feb 2026

A couple has been arrested in Greater Noida for allegedly defrauding multiple people by selling the same flat multiple times after mortgaging it to a bank.

Stock Market Today March 5, 2026: Sensex, Nifty Surge as Global Equities Recover

Stock Market Today March 5, 2026: Sensex, Nifty Surge as Global Equities Recover

Rediff.com5 days ago

Indian benchmark stock indices Sensex and Nifty rebounded, closing over 1% higher, mirroring a global equities recovery after recent losses due to geopolitical tensions.

Online Cricket Betting Racket Busted in Delhi, Four Arrested

Online Cricket Betting Racket Busted in Delhi, Four Arrested

Rediff.com7 days ago

Delhi Police have arrested four individuals for allegedly operating an illegal online cricket betting racket with connections to Dubai from Paschim Vihar.

Buying Online May Soon Be As Simple As Looking At Your Phone

Buying Online May Soon Be As Simple As Looking At Your Phone

Rediff.com25 Feb 2026

Mastercard and Visa are introducing passkeys that will allow users to authenticate card payments with face scans or fingerprints, eliminating the need for one-time passwords (OTPs).

Is Your Meta Glass Data Safe?

Is Your Meta Glass Data Safe?

Rediff.com4 days ago

'We take steps to filter this data to protect people's privacy and to help prevent identifying information from being reviewed.'

Gurugram Man Arrested for Hotel Fraud Using Fake Payment App

Gurugram Man Arrested for Hotel Fraud Using Fake Payment App

Rediff.com26 Feb 2026

A man in Gurugram was arrested for allegedly defrauding a hotel by using a fake payment application to create screenshots of payments totaling Rs 6 lakhs, allowing him to stay for five months without paying.

RBI proposes easing forex transaction norms

RBI proposes easing forex transaction norms

Rediff.com17 Feb 2026

The Reserve Bank on Tuesday proposed greater flexibility to authorised persons to undertake foreign exchange transactions for hedging their exposures, balance sheet management and market-making, as well as to ease reporting obligations, after a review of the current regulations.

'Want To Retire Early... Are My Investments Enough?'

'Want To Retire Early... Are My Investments Enough?'

Rediff.com6 days ago

Ask rediffGURU and PF and MF expert Janak Patel your mutual fund and personal finance-related questions.

US embassy in Oman orders staff to 'take cover'

US embassy in Oman orders staff to 'take cover'

Rediff.com7 days ago

Amid rising tensions in West Asia following a series of strikes and counter-strikes, the United States Embassy in Muscat on Tuesday instructed its staff to shelter in place.

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).

'You End Up Firefighting': Finance Minister

'You End Up Firefighting': Finance Minister

Rediff.com26 Feb 2026

'Uncertainty level A in the morning, uncertainty level B in the afternoon. If I answer about tariff rates now, I'll be outdated by the evening.'

Two CAs Arrested in Cyber Fraud Money Laundering Case

Two CAs Arrested in Cyber Fraud Money Laundering Case

Rediff.com5 days ago

Two chartered accountants have been arrested by the Enforcement Directorate in connection with a money laundering case linked to a cyber fraud involving Rs 641 crore.

Tehran, Lebanon Hit By Israeli Bombs

Tehran, Lebanon Hit By Israeli Bombs

Rediff.com3 days ago

US-Israel air attacks intensified on the seventh day of war, striking Tehran and other Iranian cities.

Abhishek Banerjee Accuses BJP of Political Games, Challenges Amit Shah to Public Debate

Abhishek Banerjee Accuses BJP of Political Games, Challenges Amit Shah to Public Debate

Rediff.com2 days ago

TMC leader Abhishek Banerjee challenges Amit Shah to a debate on governance, accusing the BJP of political manipulation and misrepresenting West Bengal's financial situation. He also criticised the BJP's record on women's safety and alleged the Centre was withholding funds from West Bengal.

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.

Stock markets today March 4, 2026: Sensex sinks 1,123 pts, Nifty dives 1.55%

Stock markets today March 4, 2026: Sensex sinks 1,123 pts, Nifty dives 1.55%

Rediff.com6 days ago

Benchmark equity indices Sensex and Nifty tumbled in early trade on Wednesday, tracking a bearish trend in Asian markets, as the conflict in West Asia widened, driving oil prices higher.

Short-term debt flows shifting from CPs to CDs

Short-term debt flows shifting from CPs to CDs

Rediff.com16 Feb 2026

Investors are moving away from the commercial paper (CP) market towards certificates of deposit (CDs), as primary CD issuances and rates on these short-term instruments rise.

BJP Promises to Replicate Assam Model in Bengal

BJP Promises to Replicate Assam Model in Bengal

Rediff.com2 Mar 2026

BJP national president Nitin Nabin announced the party's plan to replicate Assam's 'detect, delete and deport' model to expel alleged Bangladeshi infiltrators in West Bengal if voted to power.

Stock Market Today: Sensex, Nifty50 React to Global Cues and Trump Tariff Concerns

Stock Market Today: Sensex, Nifty50 React to Global Cues and Trump Tariff Concerns

Rediff.com24 Feb 2026

Indian equities on Dalal Street saw volatility as global market trends and fresh tariff concerns linked to Donald Trump impacted investor sentiment. Track Sensex, Nifty50 movement and key market drivers for Feb 24, 2026.

Enforcement Directorate Attaches Assets in Andhra Pradesh Liquor Scam Case

Enforcement Directorate Attaches Assets in Andhra Pradesh Liquor Scam Case

Rediff.com4 days ago

The Enforcement Directorate has attached assets worth over 441 crore in connection with the Andhra Pradesh liquor scam, which allegedly occurred during the previous YSRCP government's tenure.

Sensex Plunges 1069 Points on IT Selloff, Global Trade Worries

Sensex Plunges 1069 Points on IT Selloff, Global Trade Worries

Rediff.com24 Feb 2026

Equity benchmark indices Sensex and Nifty experienced a significant decline, primarily driven by a selloff in IT stocks due to concerns about AI disruption and renewed worries over global trade.

Strikes Shake India's Gig Economy

Strikes Shake India's Gig Economy

Rediff.com21 Feb 2026

Two of the three strikes are related to the gig economy, a centrepiece of the new labour Codes.

DY Patil T20 Cup: 63 Off 19! Sooryavanshi, Tendulkar script stunning chase

DY Patil T20 Cup: 63 Off 19! Sooryavanshi, Tendulkar script stunning chase

Rediff.com26 Feb 2026

Vaibhav Sooryavanshi's explosive innings and Arjun Tendulkar's half-century guided DY Patil Blue to a thrilling victory in the DY Patil T20 Cup.

Stock Markets Today: Sensex, Nifty50 End Marginally Higher In Volatile Trade

Stock Markets Today: Sensex, Nifty50 End Marginally Higher In Volatile Trade

Rediff.com25 Feb 2026

Indian equities on Dalal Street saw volatility. Track Sensex, Nifty50 movement and key market drivers for Feb 25, 2026.

GST rate cuts spur credit growth in banking sector in Q3 FY26

GST rate cuts spur credit growth in banking sector in Q3 FY26

Rediff.com7 Jan 2026

Banking sector has witnessed healthy growth in advances in the third quarter of financial year 2026 (Q3FY26) against the same period last year, as the full impact of goods and service tax (GST) rate cuts drove growth. Most of the lenders saw their credit growth outpace the deposit growth in the quarter.

GESDA and CERN Partner to Ensure Quantum Computing Accessibility for All

GESDA and CERN Partner to Ensure Quantum Computing Accessibility for All

Rediff.com4 days ago

The Open Quantum Institute, a joint initiative by GESDA and CERN, aims to ensure that quantum computing is accessible to all when it becomes widely available, fostering global collaboration and capacity building.

'LIC sets sights on sustained 60% plus market share'

'LIC sets sights on sustained 60% plus market share'

Rediff.com26 Feb 2026

'LIC will reduce but not fully exit its stake in IDBI Bank, which remains an important bancassurance partner,' says LIC of India' MD and CEO R Doraiswamy.

How the Open Quantum Institute Plans to Make Quantum Computing Accessible to All

How the Open Quantum Institute Plans to Make Quantum Computing Accessible to All

Rediff.com3 days ago

The Open Quantum Institute (OQI), a joint initiative by Geneva Science and Diplomacy Anticipator (GESDA) and CERN, aims to ensure equitable access to quantum computing when it becomes widely available, fostering international cooperation and addressing societal implications.

Depleted Australia bank on Travis Head in T20 World Cup

Depleted Australia bank on Travis Head in T20 World Cup

Rediff.com4 Feb 2026

Australia's title bid will be tested by injuries and Asian conditions at the T20 World Cup.

Who Will Be BJP's First CM In Bihar?

Who Will Be BJP's First CM In Bihar?

Rediff.com5 days ago

It now has become clear that he will have to quit his post.

India's forex kitty jumps $8.66 bn to record $725.72 bn

India's forex kitty jumps $8.66 bn to record $725.72 bn

Rediff.com20 Feb 2026

India's forex reserves jumped $8.663 billion to hit a new all-time high of $725.727 billion in the week ended February 13, the RBI said on Friday.

Police Freeze Assets in Cough Syrup Trafficking Case

Police Freeze Assets in Cough Syrup Trafficking Case

Rediff.com26 Feb 2026

Kanpur police have frozen assets worth Rs 9.5 crore, including properties, vehicles, and bank accounts, as part of an investigation into an interstate racket involved in trafficking codeine-based cough syrups.

Up to 4 banks may have to tap buffers in adverse scenarios

Up to 4 banks may have to tap buffers in adverse scenarios

Rediff.com1 Jan 2026

The Reserve Bank of India (RBI), in its Financial Stability Report (FSR), cautioned that stress tests indicate two scheduled commercial banks (SCBs) may have to dip into their capital conservation buffers (CCBs), unless stakeholders infuse capital, under a scenario involving a gradual slowdown in domestic GDP growth and a moderate rise in inflation, with limited policy easing space available to the central bank.

'Is Rs 10 Cr Realistic In 10 Years?'

'Is Rs 10 Cr Realistic In 10 Years?'

Rediff.com26 Feb 2026

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

US urges citizens to leave 12 Middle East nations; 6 American troops killed

US urges citizens to leave 12 Middle East nations; 6 American troops killed

Rediff.com3 Mar 2026

Secretary of State Marco Rubio urged its citizens to immediately depart from several Middle Eastern countries, citing "serious safety risks."

T20 WC Semi-Final: Unbeaten South Africa Take On Giant-Killers New Zealand

T20 WC Semi-Final: Unbeaten South Africa Take On Giant-Killers New Zealand

Rediff.com2 Mar 2026

Unbeaten South Africa take on a dangerous New Zealand side in the T20 World Cup semi-final at Eden Gardens, with the Proteas wary of complacency in the knockout stage.

T20 World Cup semifinal: England back struggling Buttler to fire vs India

T20 World Cup semifinal: England back struggling Buttler to fire vs India

Rediff.com7 days ago

England are relying on Jos Buttler to rediscover his form and deliver a match-winning performance against India in the T20 World Cup semifinal, despite his recent struggles in ICC events.

Economy growing at robust pace, banking sector remains sound: RBI report

Economy growing at robust pace, banking sector remains sound: RBI report

Rediff.com1 Jan 2026

The Indian economy is growing at a robust pace, driven by strong domestic demand, low inflation, and the healthy balance sheets of banks, said a Reserve Bank report released on Wednesday.

Banks see double-digit credit growth in Q3 FY26 on strong lending

Banks see double-digit credit growth in Q3 FY26 on strong lending

Rediff.com3 Jan 2026

Six banks that reported their quarterly business updates for the October-December (Q3FY26) quarter on Friday recorded double-digit growth in their loan books compared with a year ago. Deposits also posted healthy growth during the period.