News for 'deposits'

HC warns Vijay's TVK over rallies, asks govt to frame rules

HC warns Vijay's TVK over rallies, asks govt to frame rules

Rediff.com19 Sep 2025

The Madras high court has issued a strong warning to Tamilaga Vettri Kazhagam (TVK), led by actor-turned-politician Vijay, over alleged damage to public property during recent political rallies and asked the Tamil Nadu government to establish uniform, legally sound rules for holding large public meetings.

Global Investing: What YOU Must Know

Global Investing: What YOU Must Know

Rediff.com16 Oct 2025

Here's what Indian investors diversifying into equities, ETFs, and real estate abroad to manage risk, returns, and currency exposure must watch out for.

Bank customers can opt for up to four nominees from Nov 1

Bank customers can opt for up to four nominees from Nov 1

Rediff.com23 Oct 2025

Beginning next month, a bank customer can opt for up to four nominees in her or his account with a view to ensure uniformity, and efficiency in claim settlement across the banking system. The key provisions relating to Nomination under the Banking Laws (Amendment) Act, 2025 will come into effect from November 1, 2025, a finance ministry statement said on Thursday.

India Opens Doors To Foreign Banks, But...

India Opens Doors To Foreign Banks, But...

Rediff.com12 Nov 2025

But selectively, with regulatory scrutiny and special approval, points out Tamal Bandyopadhyay.

Op Sindoor case: Ashoka University prof moves SC for passport release

Op Sindoor case: Ashoka University prof moves SC for passport release

Rediff.com27 Oct 2025

Ashoka University professor Ali Khan Mahmudabad, previously booked for social media posts, has petitioned the Supreme Court for the release of his passport, a condition of his bail. The court will consider the plea on November 18.

Anti-graft body Lokpal wants 7 BMWs worth Rs 5 cr

Anti-graft body Lokpal wants 7 BMWs worth Rs 5 cr

Rediff.com21 Oct 2025

The Lokpal, India's anti-corruption ombudsman, has issued a tender for the procurement of seven BMW 3 Series 330Li cars, estimated to cost around Rs 5 crore.

Tax cut may bolster credit growth in H2

Tax cut may bolster credit growth in H2

Rediff.com5 Sep 2025

After a subdued first quarter of 2025-26 (Q1FY26), banks are now betting big on the festive season, rolling out attractive loan offers to boost credit growth in the second half of the current financial year (H2FY26) - a trend likely to be further accentuated by the second-order effects of the good services tax (GST) cuts.

'Emirates NBD Is In RBL For 15-20 Years'

'Emirates NBD Is In RBL For 15-20 Years'

Rediff.com29 Oct 2025

'It is not looking at valuation, but investment, growth and ultimately better profit for stakeholders.'

'Digital arrest' most dreaded threat to citizens: President Murmu

'Digital arrest' most dreaded threat to citizens: President Murmu

Rediff.com27 Oct 2025

President Droupadi Murmu addressed Indian Police Service probationers, highlighting the growing threat of 'digital arrest' scams and emphasizing the importance of ethical policing and public service.

Coming Soon! Simplified Bank Customer Claim Rules

Coming Soon! Simplified Bank Customer Claim Rules

Rediff.com7 Aug 2025

The move is aimed at making settlement of claims or return of articles from a locker smooth for relatives after the death of a customer.

Woman labourer finds 8 diamonds worth lakhs in MP mine

Woman labourer finds 8 diamonds worth lakhs in MP mine

Rediff.com20 Sep 2025

A woman labourer in Madhya Pradesh's Panna district has discovered eight diamonds in a mine, potentially worth lakhs of rupees at auction.

Govt scraps FCRA licence of Wangchuk's NGO amid Ladakh unrest

Govt scraps FCRA licence of Wangchuk's NGO amid Ladakh unrest

Rediff.com25 Sep 2025

The cancellation means the Leh-based institute will no longer be able to receive or utilise foreign funding.

Sitharaman urges banks to boost deposits

Sitharaman urges banks to boost deposits

Rediff.com19 Aug 2024

Finance Minister Nirmala Sitharman on Monday held a performance review meeting with heads of public sector banks and asked them to make concerted efforts to garner deposits. Deposits have been growing 300-400 basis points lower than the credit growth in the last few months, creating an asset-liability mismatch for banks. During deliberations on the deposit mobilisation, she said that while the credit growth has picked up, mobilisation of deposits could further be improved to fund the credit growth sustainably, and asked banks to make concerted efforts to garner deposits by conducting special drives.

Delhiites lose nearly Rs 1,000 cr to cyber fraud this year

Delhiites lose nearly Rs 1,000 cr to cyber fraud this year

Rediff.com17 Oct 2025

Cyber fraudsters have duped Delhi residents of nearly Rs 1,000 crore so far this year, with investment scams, digital arrests and boss scams emerging as the most common cybercrimes.

Rs 11.4 trn and counting, DII buying streak continues for 25th month

Rs 11.4 trn and counting, DII buying streak continues for 25th month

Rediff.com2 Sep 2025

Domestic institutional investors (DIIs) poured in Rs 94,829 crore of fresh money into Indian equities in August, the second-highest monthly inflow after record Rs 1.07 trillion influx in October 2024.

ED chargesheets Elvish Yadav, singer Fazilpuria in money laundering case

ED chargesheets Elvish Yadav, singer Fazilpuria in money laundering case

Rediff.com16 Oct 2025

The Enforcement Directorate has filed a chargesheet against YouTuber Elvish Yadav, singer Rahul Yadav (Fazilpuria), and others, accusing them of money laundering related to wildlife crimes involving protected snakes and lizards.

'Tariffs To Have Adverse Impact On Near-Term Growth'

'Tariffs To Have Adverse Impact On Near-Term Growth'

Rediff.com29 Aug 2025

'The statistical confidence bands of the fan charts of the forecasts will provide a better sense of the potential variability of outcomes.'

Man killed, wife injured in Kerala mudslide triggered by NH work

Man killed, wife injured in Kerala mudslide triggered by NH work

Rediff.com26 Oct 2025

A man died and his wife was severely injured after a mudslide levelled several houses in the Idukki district of Kerala. Residents allege unscientific road widening work was responsible for the tragedy.

Chaitanyananda behind bars, but his grip of fear stays on campus

Chaitanyananda behind bars, but his grip of fear stays on campus

Rediff.com28 Sep 2025

The arrest of Swami Chaitanyananda Saraswati in Agra has brought relief to his alleged victims, but concerns remain about the long road to justice and the possibility of his influence affecting the case.

Factors that will drive the markets this week

Factors that will drive the markets this week

Rediff.com5 Oct 2025

Trading sentiment in the equity market will be guided by macroeconomic data announcements, global trends and quarterly earnings from IT major TCS this week, analysts said. Stock markets would also be tracking trading activity of foreign investors who remained net sellers of Indian equities in September.

'Insurance Sector Is At An Unstable Equilibrium'

'Insurance Sector Is At An Unstable Equilibrium'

Rediff.com3 Nov 2025

'Other sectors that manage the savings pools of Indians are giving tough competition to life insurance companies.'

Will Indians' reluctance to talk money derail NSO survey?

Will Indians' reluctance to talk money derail NSO survey?

Rediff.com15 Oct 2025

The NSO previously tried to collect household income data in its ninth (1955), 15th (1959), 19th (1964), and 24th (1969) rounds (July 1969-June 1970), but these efforts were not completed, partly due to non-responsiveness by respondents.

Wankhede promotion row: HC fines Centre for concealing facts

Wankhede promotion row: HC fines Centre for concealing facts

Rediff.com17 Oct 2025

The Delhi High Court imposed a cost of Rs 20,000 on the central government for concealing facts in its plea seeking review of an order relating to the promotion of IRS officer and former NCB Zonal Director Sameer Wankhede.

Banks turn to CD issuances in September amid sluggish deposit growth

Banks turn to CD issuances in September amid sluggish deposit growth

Rediff.com26 Sep 2024

Banks have issued Rs 7.78 trillion worth of CDs in the current calendar year until August 2024, compared to Rs 4.9 trillion in the same period of 2023, registering a 59 per cent growth

RBI's mpc minutes: Status quo in August hinged on tariffs, rate-cut outcome

RBI's mpc minutes: Status quo in August hinged on tariffs, rate-cut outcome

Rediff.com21 Aug 2025

Uncertainties over the impact of the United States' (US') tariffs on India, along with the ongoing transmission of past rate cuts, prompted the members of the Reserve Bank of India's Monetary Policy Committee (MPC) to maintain the status quo during the August meeting, the minutes showed. While some of the external members highlighted their concern over growth, the internal members cited the one-year headline inflation rate overshooting the 4 per cent target.

'Future policy actions tied to the growth-inflation dynamic'

'Future policy actions tied to the growth-inflation dynamic'

Rediff.com1 Sep 2025

'Given the lag in transmission, further softening of lending rates may happen in the coming months.'

Dharmasthala case: SIT recovers skeletal remains near Netravati ghats

Dharmasthala case: SIT recovers skeletal remains near Netravati ghats

Rediff.com17 Sep 2025

A Special Investigation Team (SIT) probing the Dharmasthala case has recovered skeletal remains during a search operation in Banglegudda forest, near the Netravati bathing ghats in Dakshina Kannada district. The remains have been sent for forensic examination.

SC orders Railways to compensate widow after 20-year legal battle

SC orders Railways to compensate widow after 20-year legal battle

Rediff.com22 Oct 2025

The Supreme Court intervened to ensure a tragedy-struck widow received compensation from the Railways after a 20-year legal battle following her husband's death in a train accident.

Fresh charge slapped on Delhi godman, court sends him to 14-day jail

Fresh charge slapped on Delhi godman, court sends him to 14-day jail

Rediff.com3 Oct 2025

Self-styled godman Chaitanyananda Saraswati, accused of molesting 17 women students, has been remanded to judicial custody. Police have added a charge related to threatening a witness.

Let my story be a warning, says ex-banker who lost Rs 23 cr

Let my story be a warning, says ex-banker who lost Rs 23 cr

Rediff.com23 Sep 2025

A retired banker in Delhi lost his entire life savings, amounting to Rs 23 crore, to cyber fraudsters who posed as ED and CBI officers. The victim was kept under 'digital arrest' for over a month and forced to transfer funds under duress.

Rs 40K Salary Can Make You A Crorepati!

Rs 40K Salary Can Make You A Crorepati!

Rediff.com15 Oct 2025

You don't need a six-figure salary to build wealth -- you need discipline and a smart plan, says Ramalingam Kalirajan. and shows you how

Rohit's 73 in vain as Australia seal series

Rohit's 73 in vain as Australia seal series

Rediff.com23 Oct 2025

Australia held their nerve in a tense chase, edging past India by two wickets to seal the series 2-0 despite a late fightback from the visitors on Thursday in Adelaide.

'BJP Is On Shaky Ground In Gujarat'

'BJP Is On Shaky Ground In Gujarat'

Rediff.com18 Oct 2025

'The BJP will win comfortably if the Congress and AAP fight separately -- though not with 162 seats.' 'But if they form an alliance, it will become a major problem for the BJP. That's precisely why this expansion is happening now.'

Will RBI Governor Play Santa In December?

Will RBI Governor Play Santa In December?

Rediff.com3 Oct 2025

While the economy will wait for a rate cut in December, the banking industry should be happy with the wave of liberalisation -- a big push for growth in bank credit, points out Tamal Bandyopadhyay.

Hearing on Vi's plea over additional AGR demand deferred

Hearing on Vi's plea over additional AGR demand deferred

Rediff.com6 Oct 2025

The Supreme Court on Monday deferred to October 13 the hearing on a plea of telecom major Vodafone Idea Ltd seeking quashing of the additional adjusted gross revenue (AGR) demands for the period until 2016-17.

Joint Property? Keep Funding Proof Ready

Joint Property? Keep Funding Proof Ready

Rediff.com30 Sep 2025

'Always keep accurate and transparent records of the source of the investment or property's funding: Loan agreements, transfer records of the property, and bank statements of co-owners if available.'

ED arrests UP agent for duping investors through 'QFX' Ponzi fraud

ED arrests UP agent for duping investors through 'QFX' Ponzi fraud

Rediff.com26 Sep 2025

The Enforcement Directorate (ED) has arrested an agent based in Uttar Pradesh for allegedly defrauding investors through the 'QFX' Ponzi scheme. The agent, Navab Hassan, has been remanded to ED custody for nine days. This is the second arrest in the case, which involves multiple FIRs across several states.

J-K polls: 68% candidates forfeit security deposits in Jammu's 43 seats

J-K polls: 68% candidates forfeit security deposits in Jammu's 43 seats

Rediff.com9 Oct 2024

Incidentally, 164 of the total 356 candidates in the fray from the 43 assembly seats of Jammu region got less votes than none of the above, which gives an option to voters to reject all candidates in a constituency.

SBI focuses on JanDhan, trusts, societies to mobilise incremental deposits

SBI focuses on JanDhan, trusts, societies to mobilise incremental deposits

Rediff.com13 Sep 2024

In order to boost its deposit base, State Bank of India (SBI) is focusing on various segments, including JanDhan account holders, trusts, societies, and the segment below the affluent class but above the normal account holders. According to Ashwini Tewari , managing director, SBI, the bank is focusing on three broad segments. One is wealth banking, where the bank is focusing on individuals who perhaps do not qualify for private banking but are above regular accounts and require individual attention.

How To Deal With Tax On ESOPs, HRA, LTCG

How To Deal With Tax On ESOPs, HRA, LTCG

Rediff.com21 Oct 2025

Ask rediffGURU and tax expert Mihir Tanna your income tax-related questions.