News for 'cooperative banks'

Indian money in Swiss banks dips 33% to Rs 8,392 cr

Indian money in Swiss banks dips 33% to Rs 8,392 cr

Rediff.com30 Jun 2016

This is the lowest amount of funds held by Indians in the Swiss banks ever since the Alpine nation began making the data public in 1997.

Biden says he raised Khashoggi murder with MBS

Biden says he raised Khashoggi murder with MBS

Rediff.com16 Jul 2022

Biden said that the Saudi Crown Prince told him he was not "personally responsible" for Khashoggi's murder.

Pay all bills, make investments from one place

Pay all bills, make investments from one place

Rediff.com11 Aug 2017

BBPS allows you to pay electricity, telephone, water supply, gas and DTH bills. Its scope will be expanded to include other payments like school and university fees, government taxes, insurance premiums, mutual fund investments, even credit card bills.

As Chinese FM visits Pak, Nepal, no official word yet on India trip

As Chinese FM visits Pak, Nepal, no official word yet on India trip

Rediff.com24 Mar 2022

Wang began a two-day trip to Pakistan on Tuesday primarily to attend a meeting of the Council of Foreign Ministers of the Organisation Islamic Cooperation (OIC) as a special guest.

RBI to discuss issuance of sovereign bonds with govt: Das

RBI to discuss issuance of sovereign bonds with govt: Das

Rediff.com8 Jul 2019

Expressing his satisfaction over the government's move to slash fiscal deficit target, Das said it will help improve investment by the private sector as crowding out impact will be less.

Regulators fine global banks $3.4 bn in forex probe

Regulators fine global banks $3.4 bn in forex probe

Rediff.com12 Nov 2014

Royal Bank of Scotland and JP Morgan were also fined over attempts to rig currency benchmarks in a year-long probe that has put the largely unregulated $5 trillion-a-day market on a tighter leash, with dozens of dealers suspended or fired.

SBI raises $1 bn from JBIC, other Japanese lenders

SBI raises $1 bn from JBIC, other Japanese lenders

Rediff.com29 Oct 2020

These are untied loans, meaning SBI has freedom to use this money to lend. They also do not come with any conditions attached for lending to specific projects or programmes.

Sahara chief Subrata Roy may come out of Tihar jail soon

Sahara chief Subrata Roy may come out of Tihar jail soon

Rediff.com8 May 2015

Sahara Counsel told the court that negotiations were underway for selling Sahara Group's offshore properties for raising sufficient fund for Subrata Roy's bail.

ZEE's Subhash Chandra bets on white-label ATMs

ZEE's Subhash Chandra bets on white-label ATMs

Rediff.com21 Jan 2015

It is likely he will rope in an international ATM manufacturer as a strategic partner with equity stake.

For Adani, magic happened after 2014: In LS Rahul links group's rise to Modi

For Adani, magic happened after 2014: In LS Rahul links group's rise to Modi

Rediff.com8 Feb 2023

Leading the Opposition attack over the Adani-Hindenburg issue in the Lok Sabha, Rahul Gandhi on Tuesday linked Gautam Adani's meteoric rise to Prime Minister Narendra Modi's coming to power and said "magic" happened after 2014 that propelled the businessman from the 609th to the second spot on the global rich list.

CBI defers questioning on Sisodia's request for more time

CBI defers questioning on Sisodia's request for more time

Rediff.com19 Feb 2023

The CBI on Sunday deferred the questioning of Deputy Chief Minister Manish Sisodia in connection with the Delhi Excise policy scam case after he sought time from the probe agency citing the city government's ongoing budget exercise.

S Asia to grow at 7.2%: World Bank

S Asia to grow at 7.2%: World Bank

Rediff.com20 Apr 2004

Ladakh standoff: China hopes for a solution in March 11 talks

Ladakh standoff: China hopes for a solution in March 11 talks

Rediff.com10 Mar 2022

'We hope this round of meeting, on the basis of previous meetings, can move forward, further enlarge consensus, narrow differences and work for a solution that is acceptable to both parties,' the spokesperson said in updated comments posted on the ministry's website.

SC asks Sebi to probe allegations against Adani group

SC asks Sebi to probe allegations against Adani group

Rediff.com2 Mar 2023

The Supreme Court on Thursday asked the Sebi to probe within two months allegations of stock price manipulation by the Adani group and any lapses in regulatory disclosures, and also set up a panel to look into protection of Indian investors after a damning report by a US short seller wiped out more than USD 140 billion of the conglomerate's market value. The top court while directing the setting up of a six-member committee headed by former apex court judge Justice A M Sapre for the assessment of the extant regulatory framework and for making recommendations to strengthen the process said it was appropriate to set up such a panel of experts in order to "protect Indian investors against volatility of the kind which has been witnessed in the recent past". The court-appointed Justice Sapre panel, which will be provided assistance by the Centre and other statutory agencies including the Sebi chairperson, will have to submit its report in a sealed cover within two months, said the bench which comprised Chief Justice D Y Chandrachud and Justices P S Narasimha and J B Pardiwala.

Partha, Arpita sent to 14-day jail in Bengal's SSC scam case

Partha, Arpita sent to 14-day jail in Bengal's SSC scam case

Rediff.com5 Aug 2022

Former education minister of West Bengal Partha Chatterjee and his aide Arpita Mukherjee were sent to 14 days in judicial custody by a special court in Kolkata on Friday in the SSC scam case.

India may not get to play a major role in reconstruction of Ukraine

India may not get to play a major role in reconstruction of Ukraine

Rediff.com16 Mar 2022

Reconstruction efforts after the Russia-Ukraine war will be dominated by the heft of the membership of major nations across international organisations. India is hamstrung because it does not play host to any major global institution nor does it hold positions of significant influence in the ones in which it has membership. As a result, the world's sixth largest economy is obliged to follow the rules set by most of them.

Cong-NCP defectors lead to disgruntlement in BJP, Sena

Cong-NCP defectors lead to disgruntlement in BJP, Sena

Rediff.com30 Sep 2019

Ahead of the assembly elections, the saffron allies may be ecstatic over the swelling, but it's a double-edged sword with many older leaders wondering what they have got after putting in years of hard work, reports Radhika Ramaseshan

76th I-Day: Modi sets 'Panch Pran' goal to develop India in 25 yrs

76th I-Day: Modi sets 'Panch Pran' goal to develop India in 25 yrs

Rediff.com15 Aug 2022

"For the next 25 years we need to focus on the five resolves - developed India, removing every trace of bondage from our mind, taking pride in our glorious heritage, unity, and fulfilling our duties," he said.

Rajan visits Pulwama, assures support to flood-hit people

Rajan visits Pulwama, assures support to flood-hit people

Rediff.com28 May 2015

The aim of his visit was to explore how financial institutions can be co-opted in reviving the local economy.

U'khand resort murder: Ankita cremated, NH blockade ends after CM assurance

U'khand resort murder: Ankita cremated, NH blockade ends after CM assurance

Rediff.com25 Sep 2022

She was cremated on the banks of the Alaknanda at Shrinagar around 6.30 pm in the presence of commissioner, Garhwal, Sushil Kumar and Pauri district magistrate Vijay Kumar Jogdande.

Get a laddoo from Delhi BJP for standing in bank, ATM queue

Get a laddoo from Delhi BJP for standing in bank, ATM queue

Rediff.com14 Dec 2016

The 'thanksgiving and feedback' programme will also gauze public mood by asking them about the problems they face.

Kejriwal in Gujarat promises job to every youth, Rs 3000 dole

Kejriwal in Gujarat promises job to every youth, Rs 3000 dole

Rediff.com1 Aug 2022

Kejriwal's new jobs promise comes days after he assured free electricity up to 300 units per month if voted to power in the Bharatiya Janata Party-ruled state where polls are due by the year-end.

How To Fix The Jobs Crunch

How To Fix The Jobs Crunch

Rediff.com14 Feb 2023

The only real solution to the jobs crisis, whether in India or abroad, is to direct tech innovation towards job enhancing sectors, and disincentivising job-replacing ones, observes R Jagannathan.

New Development Bank to set its own standards; no rivalry issues: Kamath

New Development Bank to set its own standards; no rivalry issues: Kamath

Rediff.com8 Jul 2015

Kamath also said that the new bank, set up by India and four other members of the BRICS grouping, will strive to approve its first loan before end of the current fiscal.

Legal expert, bank officer to help CBI probe into Saradha chit scam

Legal expert, bank officer to help CBI probe into Saradha chit scam

Rediff.com14 May 2014

The Director told his team of officers to expedite the probe as it involved the trust of common people as well as the Supreme Court in CBI.

Undisclosed incomes of Rs 3,651 cr detected after note ban

Undisclosed incomes of Rs 3,651 cr detected after note ban

Rediff.com24 Dec 2016

The department has found that Rs 100 crore were deposited in 500 Jan Dhan accounts in the banks in western Madhya Pradesh post-demonetisation.

Pak will remain on its terror 'grey list': FATF

Pak will remain on its terror 'grey list': FATF

Rediff.com22 Oct 2021

Pakistan will remain on the 'grey list' of the Financial Action Task Force (FATF) until it further demonstrates that action is being taken against Jamaat-ud-Dawah chief Hafiz Saeed and Jaish-e-Mohammed founder Masood Azhar who are listed as global terrorists by the United Nations, the global anti-money laundering and terror financing watchdog said on Thursday.

Defying US, European allies say they'll join China-led bank

Defying US, European allies say they'll join China-led bank

Rediff.com17 Mar 2015

The venture is seen as a rival to the World Bank.

Not going to wait till 15 days to prove majority: Yeddyurappa

Not going to wait till 15 days to prove majority: Yeddyurappa

Rediff.com17 May 2018

"I seek support of all legislators and I ask them to vote for me by exercising their conscience just as Indira Gandhi did in a Presidential election," he said.

PNB fraud: Nirav Modi's sister turns approver; will help ED unearth Rs 579-cr assets

PNB fraud: Nirav Modi's sister turns approver; will help ED unearth Rs 579-cr assets

Rediff.com7 Jan 2021

Fugitive diamantaire Nirav Modi's sister and brother-in-law have "turned approvers" in the over $2 billion PNB fraud case against him and they will help the Enforcement Directorate confiscate assets worth Rs 579 crore, including Swiss bank deposits, the agency said on Thursday. Forty-nine-year-old Nirav Modi, who is currently lodged in a London jail, his uncle Mehul Choksi and others are being probed by the Enforcement Directorate (ED) in the Punjab National Bank (PNB) money laundering case since 2018. The diamond merchant's younger sister Purvi Modi (47) is a Belgian national while her husband Maiank Mehta is a British citizen. They are stated to be based abroad and have never joined the probe.

'China Wants To keep India On The Hook'

'China Wants To keep India On The Hook'

Rediff.com12 Sep 2022

'This was Indian land the PLA advanced on and occupied.' 'The Chinese then 'negotiated' a pullback of their troops a small distance on Indian territory even as Indian jawans draw back further into India from the forward position.' 'An apparently satisfied Indian government says this is a great move for peace! How great is that for China!'

China confirms disengagement from Gogra-Hotsprings

China confirms disengagement from Gogra-Hotsprings

Rediff.com9 Sep 2022

The Chinese military on Friday confirmed that the troops of China and India have begun the process of disengagement from the Patrolling Point 15 in the Gogra-Hotsprings area of eastern Ladakh in a 'coordinated and planned way'.

Your cash deposits, credit card bills now under I-T scanner

Your cash deposits, credit card bills now under I-T scanner

Rediff.com19 Jan 2017

Payments made by any person of an amount aggregating to Rs 100,000 or more in cash towards credit card dues will have to be reported.

Zubair's tweet threatened communal harmony: Delhi Police

Zubair's tweet threatened communal harmony: Delhi Police

Rediff.com28 Jun 2022

A day after fact-checking website Alt News co-founder Mohammad Zubair was arrested by the Delhi Police, officials said on Tuesday that his 'objectionable tweet of 2018 led to a Twitter storm with hate speeches, detrimental to communal harmony'.

I-T searches at multiple premises of Chinese telecom major Huawei

I-T searches at multiple premises of Chinese telecom major Huawei

Rediff.com16 Feb 2022

The Income-tax department has conducted searches at multiple premises of Chinese telecom company Huawei in the country as part of a tax evasion investigation, official sources said on Wednesday. The raids were launched at the company's premises in Delhi, Gurugram (Haryana) and Bengaluru in Karnataka on Tuesday. Sources said the officials looked at financial documents, account books and company records as part of a tax evasion investigation against the company, its Indian businesses and overseas transactions.

Al Jazeera says Israel shot and killed its journalist

Al Jazeera says Israel shot and killed its journalist

Rediff.com11 May 2022

A veteran journalist working for Al Jazeera was killed on Wednesday during an Israeli operation in the West Bank city of Jenin, prompting the Palestinian Authority (PA) and the Qatar-based network to blame the Israeli Army for her death.

'An assault on the common man': Rahul targets PM on DeMo

'An assault on the common man': Rahul targets PM on DeMo

Rediff.com30 Aug 2018

The Congress president said the PM should apologise for the note ban decision.

What Future plans to do after its deal with RIL was rejected

What Future plans to do after its deal with RIL was rejected

Rediff.com25 Apr 2022

Debt-ridden Future Group is now focusing on saving and rebuilding firms such as -- Future Lifestyle Fashions, Future Supply Chain Solutions, Future Consumer and Future Enterprises, after the Rs 24,713-crore deal with Reliance Retail was rejected by secured creditors, according to industry sources. However, Future Group's flagship firm Future Retail Ltd (FRL), which has nearly Rs 18,000 crore debt, is bound to face the corporate insolvency resolution process before the National Company Law Tribunal (NCLT). Other companies like Future Enterprises Ltd (FEL), Future Lifestyle Fashions Ltd (FLFL), Future Supply Chain Solutions Ltd (FSCSL), Future Consumer Ltd (FCL) can sustain on their own and can be rebuilt by restructuring their liabilities with the help of current lenders and investors, said an industry source close to the Future Group.

Indo-US military drills near LAC in October make China see red

Indo-US military drills near LAC in October make China see red

Rediff.com25 Aug 2022

Tan said that China has always stressed that military cooperation of relevant countries, especially on exercises and training activities, should not be targeted at any third party, but rather serve to help maintain regional peace and stability.

Vijay Mallya declared bankrupt by UK court

Vijay Mallya declared bankrupt by UK court

Rediff.com26 Jul 2021

A British court on Monday granted a bankruptcy order against Vijay Mallya, paving the way for a consortium of Indian banks led by the State Bank of India (SBI) to pursue a worldwide freezing order to seek repayment of debt owed by the now-defunct Kingfisher Airlines. "As at 15.42 [UK time], I shall adjudicate Dr Mallya bankrupt," Chief Insolvencies and Companies Court (ICC) Judge Michael Briggs said in his ruling during a virtual hearing of the Chancery Division of the high court. "I have to decide if there is a real prospect of payment of petition debt in full within a reasonable period of time... there is insufficient evidence that [Mallya's asset realisations in India] will pay the debt in full within a reasonable period of time," Judge Briggs noted, in reference to defence arguments pointing to a restoration process in India following a Prevention of Money Laundering Act (PMLA) court order for the attachment of Mallya's assets.