News for 'cash deposits'

Udupi Excise Deputy Commissioner Under Investigation for Alleged Disproportionate Assets

Udupi Excise Deputy Commissioner Under Investigation for Alleged Disproportionate Assets

Rediff.com13 Mar 2026

Karnataka Lokayukta police have registered a disproportionate assets case against Udupi Excise Deputy Commissioner T M Srinivas after searches at multiple locations allegedly revealed assets worth Rs 8.69 crore beyond his known sources of income.

Kerala BJP chief Rajeev Chandrasekhar declares assets worth Rs 93 crore

Kerala BJP chief Rajeev Chandrasekhar declares assets worth Rs 93 crore

Rediff.com21 Mar 2026

BJP state president Rajeev Chandrasekhar, contesting from Nemom, Kerala, declares assets exceeding 93 crore, including movable and immovable properties, ahead of the upcoming Assembly elections.

Interview with chairman SC Shetty: 'SBI Will Double Its Balance Sheet In 6-7 Years'

Interview with chairman SC Shetty: 'SBI Will Double Its Balance Sheet In 6-7 Years'

Rediff.com11 Feb 2026

'Credit growth in India remains in double digits, even though corporate borrowing is subdued.' 'Corporate credit is weak because companies are cash-rich and cautious amid global uncertainty.'

Enforcement Directorate Attaches Assets in Andhra Pradesh Liquor Scam Case

Enforcement Directorate Attaches Assets in Andhra Pradesh Liquor Scam Case

Rediff.com6 Mar 2026

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.

UPI Boom Drives Down Cash Demand

UPI Boom Drives Down Cash Demand

Rediff.com25 Sep 2025

UPI crossed 20 billion monthly transactions for the first time in August 2025, with a transaction value of Rs 24.85 trillion.

Men posing as RBI officials stop cash van, flee with Rs 7 cr

Men posing as RBI officials stop cash van, flee with Rs 7 cr

Rediff.com19 Nov 2025

Unidentified men posing as central government officials intercepted a cash van in Bengaluru and allegedly fled with about Rs 7 crore. Police are investigating the incident and have formed teams to hunt for the suspects.

Old Vs New Tax Regime: Stop Losing Money

Old Vs New Tax Regime: Stop Losing Money

Rediff.com8 Apr 2026

With Income Tax Act 2025 in force, your tax choice can quietly cost you big money if you're not paying attention. Ramalingam Kalirajan explains how

'No Fuel Shortage, Only Panic'

'No Fuel Shortage, Only Panic'

Rediff.com28 Mar 2026

'There is no shortage of fuel whatsoever.' 'India is stock surplus as far as petrol and diesel are concerned.'

Police Nab Alleged Mastermind of Inter-State Employment Scam in Rajasthan

Police Nab Alleged Mastermind of Inter-State Employment Scam in Rajasthan

Rediff.com11 Mar 2026

Kota City Police have arrested an alleged mastermind of an inter-state employment racket accused of defrauding over 8,500 people by promising work-from-home opportunities.

Delhi Police Crackdown: 204 Arrested in 'Operation Aaghat' Before Holi

Delhi Police Crackdown: 204 Arrested in 'Operation Aaghat' Before Holi

Rediff.com3 Mar 2026

Delhi Police have arrested 204 people and taken preventive action against 973 individuals under 'Operation Aaghat' ahead of the Holi festival. The operation targeted habitual offenders, bootleggers, drug peddlers, and other miscreants across the southern range of Delhi.

Court Acquits Man in 2016 Robbery Case

Court Acquits Man in 2016 Robbery Case

Rediff.com26 Feb 2026

A Delhi court acquitted a man in a 2016 robbery case, citing the complainant's failure to identify him during a test identification parade (TIP) as creating 'serious doubt' about his involvement.

Should Investors Consider Money Market Funds?

Should Investors Consider Money Market Funds?

Rediff.com2 Mar 2026

Investors with a 6 to 12 month horizon may consider them. They should align their holding period with the fund's maturity profile and prefer schemes with a lower expense ratio.

Zero-Coupon Bonds: All You Want To Know

Zero-Coupon Bonds: All You Want To Know

Rediff.com12 Feb 2026

Zero-coupon bonds suit investors with long-term goals such as retirement or education planning.

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.

What are the Do's and Don'ts while using MTF!

What are the Do's and Don'ts while using MTF!

Rediff.com19 Feb 2026

Margin Trading Facility (MTF) provides an avenue for traders to magnify their potential returns by trading with borrowed money; however, it carries inherent risks. While the lure of increased purchasing power is strong, responsible engagement with MTF requires having a clear understanding of the MTF feature. In this blog, we will explore the key do's and don'ts of those who are considering using MTF.

Under-19 World Cup: Peake century guides Australia into semis

Under-19 World Cup: Peake century guides Australia into semis

Rediff.com28 Jan 2026

Captain Oliver Peake scored a century as Australia beat the West Indies by 22 runs to book their spot in the semi-finals of the Under-19 World Cup.

'Money Comes Only When Markets Do Well'

'Money Comes Only When Markets Do Well'

Rediff.com4 Feb 2026

'Given that India underperformed emerging markets by 28 per cent in 2025, the worst performance in over 30 years, the timing of the sharp STT hike could have been better.'

HDFC's new diktat: Pay for inoperative A/Cs, cash deposits

HDFC's new diktat: Pay for inoperative A/Cs, cash deposits

Rediff.com10 Jan 2012

These fees are part of the new set of service charges introduced by HDFC Bank from January 1, 2012.

NSE one step closer to IPO filing as Sebi grants NOC

NSE one step closer to IPO filing as Sebi grants NOC

Rediff.com31 Jan 2026

The Securities and Exchange Board of India (Sebi) has granted a no-objection certificate (NOC) to the National Stock Exchange of India (NSE), paving the way for the country's biggest exchange - currently valued at 5 trillion in the unlisted market - to file draft documents for its long-awaited initial public offering (IPO).

BCCI's cash soars by Rs 4,193 Cr in just one year

BCCI's cash soars by Rs 4,193 Cr in just one year

Rediff.com7 Sep 2025

The BCCI has strengthened its coffers by Rs 14,627 crore over the past five years, including Rs 4,193 crore in the last financial year alone, taking its cash and bank balance to Rs 20,686 crore, according to a report.

Banks Struggle to Regain Deposits

Banks Struggle to Regain Deposits

Rediff.com13 Mar 2025

Privately, many bankers admit their immediate goal is not growth but slowing the erosion of Casa deposits, reveals Tamal Bandyopadhyay.

Sebi lifts trading ban on Jane Street after Rs 4,843 cr deposit in escrow account

Sebi lifts trading ban on Jane Street after Rs 4,843 cr deposit in escrow account

Rediff.com21 Jul 2025

Markets regulator Sebi on Monday announced that it has allowed Jane Street, the US-based proprietary trading firm accused of market manipulation, to resume trading after the company deposited the mandated Rs 4,843.57 crore in an escrow account. The move comes after Jane Street complied with Sebi's directive, issued in the interim order dated July 3, to deposit the amount in an escrow account.

Liquor scam: Jagan chaired meet, kickbacks laundered via staff, say police

Liquor scam: Jagan chaired meet, kickbacks laundered via staff, say police

Rediff.com12 Aug 2025

A chargesheet filed by Andhra Pradesh police alleges former Chief Minister YS Jagan Mohan Reddy chaired a meeting related to a new liquor policy under which outlets would be run by a government entity. The chargesheet details alleged kickbacks and money laundering.

Bank Deposits: Govt Plans To Increase Insurance

Bank Deposits: Govt Plans To Increase Insurance

Rediff.com18 Feb 2025

Currently, deposits of up to Rs 5 lakh are covered under the deposit-insurance scheme.

Want To Plan Your Tax Savings? Read This

Want To Plan Your Tax Savings? Read This

Rediff.com28 Jan 2026

The most common mistake is investing without assessing suitability and long-term implications.

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.

Jane Street deposits Rs 4,843 cr in escrow account; requests Sebi to lift curbs

Jane Street deposits Rs 4,843 cr in escrow account; requests Sebi to lift curbs

Rediff.com14 Jul 2025

US-based hedge fund Jane Street, which allegedly made handsome gains through market manipulation, has deposited the mandated Rs 4,843.57 crore in an escrow account in favour of Sebi and requested it to lift certain restrictions. The watchdog is examining the request, Sebi said in a statement on Monday.

What Budget 2026 Says About Taxes

What Budget 2026 Says About Taxes

Rediff.com5 Feb 2026

This Budget positions India's taxation ideology as not merely a revenue source but as a strategic catalyst for growth, inclusion and long-term confidence.

India Inc meeting capex need with own cash, says SBI chief C S Setty

India Inc meeting capex need with own cash, says SBI chief C S Setty

Rediff.com26 Aug 2025

India Inc, which is sitting on cash balances of 13.5 trillion, is using the funds to meet capital expenditure as well as brownfield expansion, resulting in 'anaemic' demand for bank loans, State Bank of India (SBI) chairman CS Setty said at an event on Monday. He added that a slowdown in corporate credit is mainly due to lack of demand.

Why You May Get An I-T Notice

Why You May Get An I-T Notice

Rediff.com17 Jun 2025

'Most tax notices arise not from wrongdoing, but from unintentional mismatch or ignorance.'

Taskaree: The Smuggler's Web Review: A Neeraj Pandey thriller

Taskaree: The Smuggler's Web Review: A Neeraj Pandey thriller

Rediff.com15 Jan 2026

It is difficult to make conveyor belt and baggage-scanning scenes thrilling -- which is how most people trying to sneak out through the Green Channel are caught -- but Neeraj Pandey and co-director Raghav M Jairath and co-writer Vipul K Rawal make sure there is enough going on to make the series watchable, raves Deepa Gahlot.

Want A Bank Job? IBPS Clerk Exam Dates Announced

Want A Bank Job? IBPS Clerk Exam Dates Announced

Rediff.com29 Jul 2025

The IBPS clerk application form for 2025 will be released on July 31. The IBPS Clerk preliminary exam 2025 is scheduled to be held on October 4, 5 and 11.

'Govt And Banks Want Private Investment To Return In Force'

'Govt And Banks Want Private Investment To Return In Force'

Rediff.com3 Nov 2025

'Corporates now have multiple funding sources beyond banks, and many are sitting on large cash reserves.'

SC seeks Centre's response on plea against anonymous political donations

SC seeks Centre's response on plea against anonymous political donations

Rediff.com24 Nov 2025

The Supreme Court has sought responses from the Centre and others on a plea challenging the validity of a provision of the Income Tax Act that allows political parties to receive "anonymous" cash donations below Rs 2,000.

The Great Shamsuddin Family Review: Interesting Watch

The Great Shamsuddin Family Review: Interesting Watch

Rediff.com12 Dec 2025

The Great Shamsuddin Family is a seemingly light chamber piece that hides its claws of social commentary under the chirpy banter of an apartment full of women, observes Deepa Gahlot.

Loan growth, profitability seen improving for public sector banks

Loan growth, profitability seen improving for public sector banks

Rediff.com10 Dec 2025

The Indian banking sector could be due for a rise in profitability after several quarters of net interest margin (NIM) compression. The Q2FY26 results suggest NIMs have bottomed out.

Cash out: Mobile wallet payments may hit Rs 532 trn in 2028

Cash out: Mobile wallet payments may hit Rs 532 trn in 2028

Rediff.com9 Apr 2024

Mobile wallet adoption is surging in India and swiftly becoming a primary payment option, surpassing traditional methods like cash and cards. Over the next few years, payments via mobile wallets in India are likely to surpass the Rs 531.8 trillion mark in 2028, witnessing a compound annual growth rate (CAGR) of 18.3 per cent between 2024 and 2028, according to GlobalData - a London-based leading data and analytics company. The value of mobile wallet payments in India, as per a GlobalData report, grew at a CAGR of 72.1 per cent between 2019 and 2023 to reach Rs 202.8 trillion ($2.5 trillion) in 2023.

'IOB Bets Big On M&A Financing'

'IOB Bets Big On M&A Financing'

Rediff.com3 Nov 2025

'This is an area where good lending can happen, and that is one of the priorities for the next quarter.'

Improving asset quality, healthy loan growth positives for ICICI Bank

Improving asset quality, healthy loan growth positives for ICICI Bank

Rediff.com28 Oct 2025

ICICI Bank delivered satisfactory results in the second quarter of 2025-26 (Q2FY26), sustaining return on assets (RoA) of around 2.3-2.4 per cent and improving asset quality. Provisions declined 26 per cent year-on-year (Y-o-Y) and 50 per cent quarter-on-quarter (Q-o-Q).

How to Beat the Festive Debt Trap

How to Beat the Festive Debt Trap

Rediff.com5 Nov 2025

Those who have binged on credit must spend less, cut discretionary expenses, and focus on repayment.