News for 'time deposits'

FIFA probe: Warner's sons scrambled to deposit cash hoard at US banks

FIFA probe: Warner's sons scrambled to deposit cash hoard at US banks

Rediff.com29 May 2015

Daryan and Daryll Warner, sons of former FIFA Vice President Jack Warner, and their associates deposited more than $600,000 in cash at bank branches in New York, Miami and Las Vegas in the second half of 2011, according to a 2012 complaint in US District Court in New York that was unsealed on Wednesday.

LS polls: Why 'weapon drop boxes' are put in Manipur

LS polls: Why 'weapon drop boxes' are put in Manipur

Rediff.com14 Apr 2024

In violence-hit Manipur, the general buzz associated with elections and the related paraphernalia of posters, banners and rallies are missing but it is the presence of these brown boxes with pictures of guns that is symbolic of the strife-ridden society struggling to return to normalcy.

Modi govt using SBI to...: Cong on electoral bonds data plea

Modi govt using SBI to...: Cong on electoral bonds data plea

Rediff.com5 Mar 2024

"But the BJP wants it to be done after Lok Sabha elections. The tenure of this Lok Sabha will end on 16th June and SBI wants to share the data by 30th June," Kharge said.

FM launches new small savings scheme for women with 7.5% return

FM launches new small savings scheme for women with 7.5% return

Rediff.com1 Feb 2023

The deposit facility for the women and girls will be for a period of two years with a rate of interest of 7.5 per cent, Sitharaman announced.

MI Vs PBKS: Who Bowled Best? Vote!

MI Vs PBKS: Who Bowled Best? Vote!

Rediff.com19 Apr 2024

Bumrah, Coetzee and Patel all took three wickets each.

'We'll have to live with branches for some time'

'We'll have to live with branches for some time'

Rediff.com15 Jul 2021

'67 per cent of our transactions happen digitally and about 93 per cent of transactions happen outside the branch.' 'Despite that, there is ample scope for promoting banking-related activities in branches.' 'So, for some time, we will have to, probably, live with the same structure.'

ICICI, HDFC Bank cut bulk deposit rates by up to 0.25 pc

ICICI, HDFC Bank cut bulk deposit rates by up to 0.25 pc

Rediff.com30 Mar 2015

The rates have been revised downwards for deposits over Rs 1 crore.

For 9th time, RBI keeps key interest rate unchanged at 4%

For 9th time, RBI keeps key interest rate unchanged at 4%

Rediff.com8 Dec 2021

The Reserve Bank of India on Wednesday kept the benchmark interest rate unchanged at 4 per cent and decided to continue with its accommodative stance against the backdrop of concerns over the emergence of the new coronavirus variant Omicron.

Bandhan Bank's micro challenges: Unsecured loan book, CEO's tenure

Bandhan Bank's micro challenges: Unsecured loan book, CEO's tenure

Rediff.com1 Mar 2024

It is 10 years since Bandhan Financial Services became the first microfinance institution (MFI) to receive the universal bank licence. A year later, in 2015, it started operations. Bandhan's entry into banking was seen as a vote of confidence by the Reserve Bank of India (RBI) for the country's microfinance sector. Subsequently, the RBI awarded small finance bank licences to nine MFIs.

Sahara says all set to deposit Rs 12,000 crore by Dec 2018

Sahara says all set to deposit Rs 12,000 crore by Dec 2018

Rediff.com21 Oct 2016

The court allowed the group to re-auction certain properties in Ajmer, Firozabad, Vellore, Tiruchirappalli and Ujjain for which the bidding was at a much higher price

What Led To Paytm's Big Fall

What Led To Paytm's Big Fall

Rediff.com12 Mar 2024

At the heart of Paytm's slide lies the abject failure of its Super App strategy, notes Indrajit Gupta.

LPG price cut by Rs 100/cylinder

LPG price cut by Rs 100/cylinder

Rediff.com8 Mar 2024

Prime Minister Narendra Modi on Friday announced a Rs 100 per cylinder cut in cooking gas LPG price to ease financial burden on households. Non-subsidised cooking gas price will be cut to Rs 803 per 14.2-kg cylinder in the national capital with effect from midnight of Friday/Saturday, official sources said. Prices vary from state to state depending on the incidence on local taxes.

V-Day: Why Investing Is Like Flirting!

V-Day: Why Investing Is Like Flirting!

Rediff.com14 Feb 2024

Shaadi or the stock market? Find your dream partner (and millions) with this simple Valentine's Day checklist from Vatsal Ramaiya.

I had felt FCNR deposits to be an idiotic idea: Rajan

I had felt FCNR deposits to be an idiotic idea: Rajan

Rediff.com12 Aug 2016

"Now I get credit for the idea which actually I neither invented nor actually believed in," he said.

IPL PIX: Dhoni dazzles but CSK lose to Delhi Capitals

IPL PIX: Dhoni dazzles but CSK lose to Delhi Capitals

Rediff.com1 Apr 2024

Delhi Capitals outclass champions Chennai Super Kings by 20 runs for their first victory in IPL 2024.

Will Modi's TN Over-Exposure Boomerang On BJP?

Will Modi's TN Over-Exposure Boomerang On BJP?

Rediff.com11 Apr 2024

There is an impression within the Tamil Nadu BJP -- although no one is airing it -- that over-exposure for Narendra Modi over the past months may work against party candidates, as they have triggered a near-continuous social media debate on his achievements and failures, points out N Sathiya Moorthy.

LS panel cites Moitra for Hiranandani's Dubai status, national security, illegal gratification

LS panel cites Moitra for Hiranandani's Dubai status, national security, illegal gratification

Rediff.com9 Nov 2023

The Lok Sabha ethics committee has cited the threats India faces from State and non-State cyber actors to indict Trinamool Congress MP Mahua Moitra for sharing her log-in credentials with businessman Darshan Hiranandani, noting that he has residency rights in Dubai and has close relatives who are foreign nationals.

Are TMFs A Good Investment Option?

Are TMFs A Good Investment Option?

Rediff.com26 Dec 2023

'TMFs trump FMPs and FDs when it comes to investing in a high-duration product.'

70K security personnel fortify Delhi for Republic Day celebrations

70K security personnel fortify Delhi for Republic Day celebrations

Rediff.com25 Jan 2024

Out of over 70,000 personnel, 14,000 will be deployed at and around Kartavya Path for the security of the Republic Day parade, they said.

Amazon Pay accepts Rs 2,000 notes to top up customers' digital wallet

Amazon Pay accepts Rs 2,000 notes to top up customers' digital wallet

Rediff.com21 Jun 2023

Amazon customers can now use their Rs 2,000 notes to top up their Amazon Pay balances during cash-on-delivery orders, as it offers a doorstep solution to ease the stress of exchanging such currency. Customers can deposit cash of up to Rs 50,000 per month, including notes of Rs 2,000 denomination, Amazon said. The cash load at doorstep service by Amazon Pay is helping consumers convert high-value notes for digital transactions.

HDFC Bank: Despite merger, stock may remain sideways, caution analysts

HDFC Bank: Despite merger, stock may remain sideways, caution analysts

Rediff.com11 Jul 2023

With the merger between HDFC Bank and HDFC Ltd complete, analysts said the next key monitorable for the Street would be successful resolution of merger-related hiccups, including employee-related churn and roll out of complete banking services across branches. At the bourses, they expect the stock to perform in-line with the benchmark indices in the near-term. "There's usually an initial period of consolidation after a merger as the entities work towards integration.

'Help: Paid tax, still got IT demand notice'

'Help: Paid tax, still got IT demand notice'

Rediff.com6 Feb 2024

rediffGURU Samkit Maniar answers readers' personal income tax queries

Das once again urges banks to link loans, deposits to repo rate

Das once again urges banks to link loans, deposits to repo rate

Rediff.com19 Aug 2019

Today, the economy requires a certain amount of push not just from the monetary policy but also from its transmission: Das.

'There could be new challenges, new battles'

'There could be new challenges, new battles'

Rediff.com7 Apr 2023

'The Indian economy and the Indian financial sector today remain resilient and much better placed.'

Think-tank funded by Gates, World Bank loses FCRA status

Think-tank funded by Gates, World Bank loses FCRA status

Rediff.com17 Jan 2024

The Union home ministry has cancelled the Foreign Contribution Regulation Act (FCRA) registration of the Centre for Policy Research (CPR) for alleged violation of laws, a move the public think-tank termed "incomprehensible and disproportionate" and vowed to seek legal recourse against.

Tafajjal Hossain: Meet BJP's new poster boy in Tripura

Tafajjal Hossain: Meet BJP's new poster boy in Tripura

Rediff.com9 Sep 2023

Tafajjal Hossain polled 33,849 votes in the by-election to the Boxanagar seat while CPI-M's Mizan Hussain got only 3,884 votes.

Jewellers may soon offer higher interest on gold deposits

Jewellers may soon offer higher interest on gold deposits

Rediff.com11 Oct 2013

The biggest bullion-importing bank in India plans to team up with jewellers for the first time to offer a gold deposit scheme, hoping ease of access and attractive interest rates will tempt people to part with their jewellery and relieve tight supplies.

How Shajahan Sheikh became 'tiger' of Sandeshkhali

How Shajahan Sheikh became 'tiger' of Sandeshkhali

Rediff.com1 Mar 2024

The meteoric rise of Shajahan Sheikh from a modest background of a helper in a local transport company to becoming the so-called 'tiger' of Sandeshkhali is what Bollywood film scripts are made of. And so does his fall.

The captain behind Kuldeep's sensational comeback

The captain behind Kuldeep's sensational comeback

Rediff.com7 Mar 2024

If one checks Kuldeep's stats, he has felt more empowered across formats whenever Rohit has been the captain.

Maharashtra cabinet nod for OPS to state employees

Maharashtra cabinet nod for OPS to state employees

Rediff.com5 Jan 2024

The Maharashtra cabinet on Thursday cleared a proposal that offers an option of availing the Old Pension Scheme (OPS) to the state government employees who joined the service after November 2005.

Tata Motors confirms delisting from NYSE, termination of ADS programme

Tata Motors confirms delisting from NYSE, termination of ADS programme

Rediff.com23 Jan 2023

Tata Motors on Monday said the voluntary delisting of its American Depositary Shares, representing ordinary shares, from the New York Stock Exchange will become effective close of trading on January 23, 2023. After Monday, there will be no over-the-counter market trading of the American Depositary Shares (ADSs) in the US due to regulatory restrictions under the Indian law, Tata Motors said in a regulatory filing.

HDFC Bank Q2 puts levers in place to undo stock underperformance: Analysts

HDFC Bank Q2 puts levers in place to undo stock underperformance: Analysts

Rediff.com25 Oct 2023

Weakness in HDFC Bank's net interest margin (NIM) might have bottomed out in the July-September quarter (Q2-FY24), analysts said on Tuesday, as most of the merger-related one-time adjustments have been done. The bank, they believe, should be able to grow from here on, allowing the stock to reverse its underperformance. "The weak NIM print was not unexpected given the merger and regulatory impact caused by the incremental cash reserve ratio (ICRR; 5-10 bps for the quarter).

ED issues fresh summons to China-based US bizman Singham in NewsClick case

ED issues fresh summons to China-based US bizman Singham in NewsClick case

Rediff.com16 Nov 2023

The summons were sent to Singham recently on his personal email ID and also through the Chinese diplomatic channels after the ED routed them through the ministry of external affairs, the officials said.

Who Fared Better On Economy? Modi Or Manmohan

Who Fared Better On Economy? Modi Or Manmohan

Rediff.com15 Feb 2024

Whether it was the MGNREGS or the NFSA or the Aadhaar-based DBT scheme for cash transfer, the Modi government has built on the basic architecture created by the Singh government. Policy makers in the Modi government, instead of discarding them as products of the previous political regime, worked on them, expanded their scope and reach, and used new tools to improve their performance, explains A K Bhattacharya.

Govt sets age limit for coaching centers: No enrollment below 16 years

Govt sets age limit for coaching centers: No enrollment below 16 years

Rediff.com18 Jan 2024

The guidelines for regulating coaching institutes have been framed to address the need for a legal framework and manage the unregulated growth of private coaching centres.

10th time running, RBI leaves key policy rates unchanged

10th time running, RBI leaves key policy rates unchanged

Rediff.com10 Feb 2022

The Reserve Bank of India on Thursday kept the benchmark interest rate unchanged at 4 per cent and decided to continue with its accommodative stance against the backdrop of an elevated level of inflation.

From 1.5 mn km orbit, Aditya-L1 to send 1500 images per day: Scientists

From 1.5 mn km orbit, Aditya-L1 to send 1500 images per day: Scientists

Rediff.com1 Sep 2023

Aditya-L1 will be launched by PSLV-C57 rocket on September 2 at 11:50 am. It carries seven payloads to study the Sun, four of which will observe the light from the Sun and the remaining three will measure insitu parameters of the plasma and magnetic fields.