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Bank Frauds Creep Back, RBI Sounds Alarm

Fraud reported by banks declined in 2024-2025 to 23,953 as compared to 36,060 in the previous year though the amount involved jumped to Rs 36,014 crore from Rs 12,230 crore. Kindly note that this......

In An AI-Obsessed World, India's Craft May Redefine 'Made In India'

What is currently perceived as a massive, low-tech liability could become a high-value, export-oriented economic engine, points out Ajit Balakrishnan. Illustration: Dominic Xavier/Rediff When I......

Over 50 held as T'gana's EAGLE Force hits Nigerian cartel's India Ops

Telangana's anti-narcotics wing, the EAGLE Force, on Friday said it had carried out a massive multi-state operation against a 'Nigerian drug cartel' operating across India, resulting in the arrest......

5,800 Jews In India's North East To Relocate To Israel

Israel's government has approved a proposal to bring all the remaining 5,800 Jews from India's north-east, commonly referred to as Bnei Menashe, over the next five years. IMAGE: Jews recite......

Apple won't preload Sanchar Saathi app on iPhones: Report

Apple does not plan to comply with the mandate to preload mobile handsets with the 'Sanchar Saathi' app and will convey its concerns before the Indian government, Reuters reported on Tuesday,......

Fino 1st payments bank to get RBI nod to turn SFB

Fino Payments Bank (Fino) has become the first such entity to get an in-principle approval from the Reserve Bank of India (RBI) to transition into a small finance bank (SFB). Illustration: Dominic......

State Bank of India readies plan to ease KYC process

State Bank of India has embarked on a drive to cut the Know Your Customer (KYC) process to a single one across its branches, a top official said on Tuesday. IMAGE: Kindly note the image has been......

We expect deposit rates to moderate post rate cut: RBI

Reserve Bank of India (RBI) Governor Sanjay Malhotra, and Deputy Governors Poonam Gupta, T Rabi Sankar, Swaminathan J, and S C Murmu on Friday addressed issues during the post-policy media......

M&A financing the new frontier for banks, but RBI's watching

Mint Road's proposals on banks' M&A funding are cautious even as entrants root for more elbow room, and weigh business models. Illustration: Uttam Ghosh/Rediff Ask Debadatta Chand about his plans......

Bank loan books report healthy growth in Q2

The pickup was driven partly by fresh corporate investment but more by higher working-capital demand. IMAGE: Kindly note that this image has only been posted for representational purposes.......

'Crazy win': AB hails SA, KP fumes at 'modern batting'

'Crazy good win that! Well done Proteas I'm speechless' IMAGE: South Africa claimed their first Test victory on Indian soil since 2010. Photograph: Cricket South Africa/X South Africa’s......

Jujitsu champ Rohini Kalam found dead at home

Her younger sister, Roshni, discovered her hanging in her room and immediately alerted the family. She was rushed to a nearby hospital but was declared brought dead. IMAGE: Rohini Kalam had......