News for 'foreign-bank'

Nation can't be run by 'oxygen from mother and son': Modi

Nation can't be run by 'oxygen from mother and son': Modi

Rediff.com25 Apr 2014

In a fresh salvo at the Gandhi family, Narendra Modi on Friday said the country could not be run by a government working on "oxygen from mother and son" and a "dead, feeble and fractured" regime was not needed.

Supreme Court happy with SIT probe into black money

Supreme Court happy with SIT probe into black money

Rediff.com20 Aug 2014

The apex court, however, turned down the plea of the petitioner and senior advocate Ram Jethmalani, for allowing him to go through the contents of the report.

5 charged with holding Rs 5,000 cr abroad

5 charged with holding Rs 5,000 cr abroad

Rediff.com11 Sep 2017

This is the first big move in the investigation of the British Virgin Islands list where the I-T department has found a significant amount of tax evasion.

2015 outlook: India Inc to tap much more of offshore debt market

2015 outlook: India Inc to tap much more of offshore debt market

Rediff.com11 Dec 2014

Fund raising by Indian companies through the offshore debt market is expected to rise in 2015.

Rupee comes off 5-week highs as shares falter

Rupee comes off 5-week highs as shares falter

Rediff.com17 Jan 2014

In New York, the dollar edged down against the yen for the first time in three sessions as investors weighed economic data and remarks from outgoing Federal Reserve Chairman Ben Bernanke.

SBI to take final call on $1-billion loan to Adani in 3 months

SBI to take final call on $1-billion loan to Adani in 3 months

Rediff.com7 Dec 2014

Adani Mining is building a 300-km rail line for its about $16 billion Carmichael coal mine project in Australia.

Re hits over 11-month low at 56.76; down 26 paise on dollar demand

Re hits over 11-month low at 56.76; down 26 paise on dollar demand

Rediff.com3 Jun 2013

Foreign institutional investors pulled out Rs 86.66 crore (Rs 866.6 million) from local stocks on Monday, as per provisional BSE data.

What are 'lifestyle' credit cards?

What are 'lifestyle' credit cards?

Rediff.com6 Nov 2015

Live it up in style with these credit cards.

Who will replace Chandra at TCS if he moves to Tata Sons?

Who will replace Chandra at TCS if he moves to Tata Sons?

Rediff.com1 Nov 2016

Who will replace Chandra at TCS if moves to Tata Sons?

5,275 wilful defaulters (+ Mallya) owe banks Rs 56,621 crore

5,275 wilful defaulters (+ Mallya) owe banks Rs 56,621 crore

Rediff.com18 Mar 2016

India's five leading wilful defaulters are Winsome Diamonds & Jewellery Ltd and associate Forever Precious Jewellery & Diamonds, Zoom Developers, Kingfisher Airlines, Beta Naphthol and Raza Textiles

Entrepreneurship in the country should not be killed: Rajan

Entrepreneurship in the country should not be killed: Rajan

Rediff.com9 May 2016

RBI governor also spoke on the ill effects of cutting interest rates too much

COLUMN: Mis-selling or fraud?

COLUMN: Mis-selling or fraud?

Rediff.com17 Jun 2013

The onus is on you to reject financial products that don't suit your needs.

Anti-conversion bill if 'secular parties' support: Amit Shah

Anti-conversion bill if 'secular parties' support: Amit Shah

Rediff.com7 Jan 2015

Showing keenness on a general consensus on the issue of stopping forceful religious conversion, BJP President Amit Shah said a bill can be brought in parliament for the purpose if "so called" secular parties extend support.

SIM-swap fraud: A new way of stealing money

SIM-swap fraud: A new way of stealing money

Rediff.com5 Dec 2014

Fraudsters duplicate SIM cards to hack into bank accounts.

Rupee off lows as RBI tightens rules for FIs

Rupee off lows as RBI tightens rules for FIs

Rediff.com1 Aug 2013

The RBI stipulated on Thursday that foreign institutional investors would require a mandate from participatory note holders to hedge on their behalf.

Black money: India offers cash reward to HSBC whistleblower

Black money: India offers cash reward to HSBC whistleblower

Rediff.com23 Mar 2015

The I-T department has also filed 77 prosecution cases.

Have you tried using games to help you save money?

Have you tried using games to help you save money?

Rediff.com22 Sep 2017

Banks play 'mind games' to woo customers. Big data and 'games' are now the tools of the trade.

Now, inherited Swiss bank accounts come under lens

Now, inherited Swiss bank accounts come under lens

Rediff.com3 Nov 2014

It has been in force since October 2011.

India to pay Iran $900 mn in oil dues

India to pay Iran $900 mn in oil dues

Rediff.com17 Oct 2014

India will pay Iran $900 million in two tranches beginning next week to clear part of the past dues for crude oil it buys from the Persian Gulf nation.

Doha Bank gets licence to commence banking operations in India

Doha Bank gets licence to commence banking operations in India

Rediff.com12 Dec 2013

This licence will further enhance the niche role Doha Bank is playing and facilitating the movement of trade between Qatar and India.

Defaulter? No job for you in banks

Defaulter? No job for you in banks

Rediff.com21 Jan 2015

Some leading private and foreign banks in the country have started checking scores of credit information companies such as Credit Information Bureau Ltd as part of their pre-employment screening process.

Credit growth slows to 12.6% in July; corp demand falls to 10%

Credit growth slows to 12.6% in July; corp demand falls to 10%

Rediff.com31 Aug 2014

Increase in non-food credit was a tad lower than the 13 per cent growth in the previous two months, according to the Reserve Bank data.

Banking sector frauds have gone up by over 10%: Deloitte

Banking sector frauds have gone up by over 10%: Deloitte

Rediff.com23 Apr 2015

The survey was based on the survey of 44 banks.

A Rs 3,000-cr 'investment' scheme to help Sahara boss!

A Rs 3,000-cr 'investment' scheme to help Sahara boss!

Rediff.com14 Aug 2014

As Sahara India chief Subrata Roy continues negotiations with potential investors to raise funds to secure his release from jail, a senior group executive has proposed a 'contribution scheme' to raise Rs 2,500-3,000 crore ( 25-30 billion) from two lakh members of its parabanking division.

Rajan effect on Re to continue: Analysts

Rajan effect on Re to continue: Analysts

Rediff.com9 Sep 2013

Rajan's first few measures include swap window facility for banks to lure in NRI funds.

US expands investigations against offshore tax evasion

US expands investigations against offshore tax evasion

Rediff.com27 Feb 2014

Since 2009, the Department has publicly charged 73 account holders and 35 professionals with violations arising from their offshore banking activities, and 72 individuals have plead guilty or were convicted at trial.

RBI for stringent entry norms for new banks

RBI for stringent entry norms for new banks

Rediff.com27 Aug 2013

The discussion paper is released at a time when the central bank is sifting through 26 applications seeking an entry into the fray.

Same old story? How banks ignored alerts

Same old story? How banks ignored alerts

Rediff.com16 Feb 2018

Despite the rating agency CARE withdrawing the ratings assigned to the bank facilities of FIPL "with immediate effect" following the receipt of a no-objection certificate (NOC) from the banks, Modi's company received uninterrupted letters of undertaking (LoUs) from PNB, which were honoured by other banks until a few weeks ago.

Banks as brokers: Good for you?

Banks as brokers: Good for you?

Rediff.com19 Aug 2013

Lenders are not enthused because, as brokers, their responsibility towards policyholders will be higher than corporate agents.

Banks want RBI to do more than just cut rates to spur lending

Banks want RBI to do more than just cut rates to spur lending

Rediff.com28 May 2015

Bankers expect RBI to help them spur lending growth.

Rupee snaps two-day fall, rebounds 39 paise vs dollar

Rupee snaps two-day fall, rebounds 39 paise vs dollar

Rediff.com17 Oct 2014

Tracking a recovery in local shares, the Indian rupee on Friday snapped a two-day declining trend and bounced back by 39 paise to end at 61.44 against the Greenback on fresh dollar selling by exporters and some banks.

Delayed reforms, market woes tarnish end to Modi's first year

Delayed reforms, market woes tarnish end to Modi's first year

Rediff.com13 May 2015

The introduction of GST would constitute India's biggest reform.

FM proposes separate ITR form for expats

FM proposes separate ITR form for expats

Rediff.com4 May 2015

Some of the disclosures in the ITR form, under review at present, increases procedural hassles for expats

How outsourcing raises US banks' operational risks

How outsourcing raises US banks' operational risks

Rediff.com31 Oct 2013

Many Indian companies provide outsourcing services to various American entities, including large banks and financial institutions.

Didn't promise to bring back black money in 100 days: Govt

Didn't promise to bring back black money in 100 days: Govt

Rediff.com27 Nov 2014

The government on Thursday insisted in the Lok Sabha that it had never claimed that all the black money stashed abroad would be brought back within 100 days even as the opposition continued to target it over the issue.

FinMin wants banks to be exempt from CSR spend

FinMin wants banks to be exempt from CSR spend

Rediff.com23 Jul 2014

Letter to corporate affairs ministry cites slowing economy, capital challenges.

SBI defends loan to Adani, says money disbursal after scrutiny

SBI defends loan to Adani, says money disbursal after scrutiny

Rediff.com20 Nov 2014

The development of the coal mine located at Queensland in Australia and required infrastructure including railways would cost $7.6 billion.

'Amid global turmoil, India looks very good'

'Amid global turmoil, India looks very good'

Rediff.com17 Mar 2015

Will Citibank gain from India's position among emerging markets?

Should you file tax return even without taxable income?

Should you file tax return even without taxable income?

Rediff.com20 Aug 2015

Yes, if you are planning to apply for a loan or want to claim refund

Chidambaram rejecting wage hike demand 'unfortunate': AIBEA

Chidambaram rejecting wage hike demand 'unfortunate': AIBEA

Rediff.com11 Feb 2014

Bank employees body AIBEA, which is a major constituent of the United Forum of Bank Employees' Association that has called a nationwide strike, on Tuesday said Finance Minister P Chidambaram rejecting wage demands of bank employees is "unfortunate" and the strike was forced on them.