Leaving it to Parliament the issue of amending laws to provide heavier penalty on banks indulging in such acts, RBI Governor D Subbarao also dismissed perceptions that the central bank was going soft on errant banks.
'Somewhere along the way, elected office-bearers appeared to have lost sight of the interest of cricket and begun to pursue their own interpretation of what the game should be.' 'Families made it a tradition to have their representatives occupy, if not usurp, positions in state associations,' points out Vinod Rai, who will step down as head of the BCCI's Committee of Administrators on Wednesday, October 23.
At 42, Dizezny D'Souza trained with teenagers at a school ground to get back into running. She won silver and bronze for India in China.
'As he has no executive track record, so far, he is all talk and hence essentially a braggart and a bigot.' 'That he is described as the 'Trump of the tropics' should give a shorthand summary to what he stands for on issues in general,' points out Ambassador B S Prakash, India's former envoy to Brazil.
'The brazen politics, in this series of bullying of AMU by functionaries of the Union and provincial governments, utterly disregarding the fact that the matter is sub judice, is quite obvious.' 'One needs to see through the desperate politics of the BJP which governs both Uttar Pradesh and the Centre, especially its woes over its Dalit support base,' says AMU Professor Mohammad Sajjad.
Shobha Deepak Singh, whose association with the legendary Kishori Amonkar, spanned 35 years, shares her memories of the musical genius.
Across India, decades of mismanagement and political meddling have left utilities selling electricity below cost and turning a blind eye to rampant theft.
'Sexual violence against women is not something unique to India but in our parts the victim must also have to contend with other burdens. Such as the notion of 'honour' and its loss,' says Aakar Patel.
On October 24, the United Nations turns 70. 'The credibility of the UN has been eroded by the fact that the Security Council does not represent the political realities of the world today,' says Ambassador T P Sreenivasan, listing the 10 things the UN needs to do to become more relevant and effective.
While higher income, educated Indians are financially literate, they aren't really much better off when it comes to planning their financial futures
Being employee light is the latest fad.
'Article 15 is not the work of a hack, or of someone merely scooping a plot out of newspaper headlines.' 'It is a well-researched, clear-headed movie; but its findings have a purpose,' says Sreehari Nair.
'The tax avoidance in India is done as much by the wealthy as the lower class.' 'There is no difference in ethics and culture and morality, and no difference in tax-paying behaviour between various Indian classes, whether educated or not,' says Aakar Patel.
'If Rakesh Sinha introduces the bill, but it does not pass the Rajya Sabha in six years, then the bill will lapse.'
But not for too long, as TTV Dinakaran can still play spoilsport, says N Sathiya Moorthy.
Engineering student Arun Suresh Kumar reported two significant security-related bugs to Facebook.
'Bhuvneshwar can swing the ball, Bumrah has a difficult action to pick, Shami's seam position is outstanding, one of the best probably in world cricket and his rhythm is outstanding.' 'Umesh is fantastic as well and so is Ishant.' 'So we have all the tools.' 'It is just about them hitting the right length as quick as possible.'
United States Defence Secretary Chuck Hagel resigned on Monday amid reports of differences with President Barack Obama who apparently wants to install a new leadership at the Pentagon as he enters the last two years of his presidency facing new global challenges like the rise of IS.
A meeting to pay homage to K G Subramanyam, one of India's most interesting painters and thinkers.
'I am a Muslim and if my Hindu brothers were to march to my house and if that were to give birth to any controversy, then this government will use it to exploit another issue.' 'I don't want to give BJP leaders a chance to play their communal politics.'
'The whats app messages came as a tsunami on to dry, sparse, corroded, forgotten parts of the brain. Thoughts, memories, faces and long erased episodes were irrigated once again and with that came a turmoil not felt in a long while.' 'In the stark difference of time zones, how does one work in a work day and when checking messages cope with the instantaneous transport to a time that was different in every possible way?'
'The Constitution, which talks about democracy and equality, is something that will be applied in this country, and not Manusmriti in which the RSS believes.'
This week's collection of stories that prove we live in a truly mad, mad world
'Anyone who heard her sing was left with a lump in the throat.'
Right actions might help reduce this trust deficit. But what we have today is over- enthusiastic vigilante groups targeting minorities over beef or 'love jihad', against whom the government does little apart from meek condemnation, says Utkarsh Misgra.
'The first 55 years of Natwar Singh's life give a fascinating narrative of our diplomacy,' says Ambassador B S Prakash after reading One Life is Not Enough.
'This society discriminates against a girl from the time she is born, in school, at home, everywhere,' young lawyer Anima Muyarath, who was suspended by the local bar association for a post on her Facebook page, tells Rediff.com's Shobha Warrier.
'Gujarat is number one in public relations and marketing. Gujarat's PR is strong, it washes like a strong washing soap... The third phase is ours. It is our family and household elections, let him come there... Banaras and UP have taken on the challenge.' Uttar Pradesh Chief Minister Akhilesh Yadav tells Rediff.com contributor Neeta Kolhatkar how he plans to keep Narendra Modi at bay.
'Last year, someone told us you must remove 's' otherwise you won't perform well and we didn't perform well.' 'Obviously, that's not the reason for not performing well, but it didn't hurt us to remove the 's'.'
Just two actors on stage capturing love, jealousy, possessiveness, class issues and guilt in 90 minutes... a highly entertaining musical set in 19th century Paris. Arthur J Pais/Rediff.com reports from New York on Love Letters and Can-Can.
MUST READ: The speech Nayantara Sahgal was not allowed to give.
'There is a point near the hill where you kill the engine and park your vehicle in neutral.' 'The vehicle automatically slides a few inches, which the locals believe is due to the magnetic power of the hill.'
No wedding invitation? No problem! Rajul Punjabi who gate-crashed a wedding shares her experience
So concluded a day in court that saw a woman accused of murder don a fresh role of heroine of the moment. Even Bollywood couldn't have come up with such a curious twist.
'In this resurgent India, class is the new caste. We are shaken up only occasionally, and briefly, when a battered, tribal teenager from Jharkhand looks us in the eye from our closet,' says Shekhar Gupta.
'From the beginning (I have told her) "Whatever it may be -- you are losing or winning -- on the ground you're not going to cry!" She never cried.' '"I don't want you to project that you are a loser. You are a winner".' Vaihayasi Pande Daniel/Rediff.com speaks to Leela Raj about her famous daughter, now in the West Indies for the women's T20 World Cup.
Following is the full text of Prime Minister Narendra Modi's address from the ramparts of the Red Fort on the 73rd Independence Day.
'Swaraj Samvad sees itself in the role of a watchdog in Delhi,' Professor Anand Kumar tells Rediff.com.
The 25-year-old telecom engineer from Lahore says his employer had 'no idea' of his secret cyber life and his recent exploits.
In this exclusive conversation with Rediff.com contributor Rajeev Sharma, exiled opposition leader Ahmed Naseem explains why the world should care about democracy in Maldives.