News for 'union bank of india'

Education Ministry To Prioritise AI Training For Teachers

Education Ministry To Prioritise AI Training For Teachers

Rediff.com8 May 2026

The Education Ministry will focus on training teachers in the use of Artificial Intelligence tools over the next three to four months to support classroom teaching, lesson planning and student assessment, a senior official said.

India-China border trade via Lipulekh Pass to resume after 6 yrs

India-China border trade via Lipulekh Pass to resume after 6 yrs

Rediff.com20 Mar 2026

Border trade between India and China through the Lipulekh Pass in Uttarakhand's Pithoragarh district is set to resume this year after a six-year hiatus due to the COVID-19 pandemic.

Iranian Oil Tanker Changes Course from India to China Amid Payment Concerns

Iranian Oil Tanker Changes Course from India to China Amid Payment Concerns

Rediff.com3 Apr 2026

A US-sanctioned tanker carrying Iranian crude oil has rerouted mid-voyage from its previously indicated destination of India to China, raising questions about payment issues and the future of India's Iranian oil imports.

As Iran Tensions Surge, India Leans On UAE

As Iran Tensions Surge, India Leans On UAE

Rediff.com13 Apr 2026

For India, much is at stake: Crucial energy supplies traversing the Strait of Hormuz, the fate of its 10 million citizens living and working in West Asia -- who send generous remittances home -- and its major trade links with the region.

India's Young Women Face Employment Gap

India's Young Women Face Employment Gap

Rediff.com10 Mar 2026

'India cannot speak of a demographic dividend if half its young women are unable to participate in paid work.'

Delhi Villages To Get Land Ownership Rights: What It Means

Delhi Villages To Get Land Ownership Rights: What It Means

Rediff.com20 Apr 2026

Residents of 31 villages in Delhi will soon receive ownership rights to their residential land within 'Lal Dora' limits, according to South Delhi BJP MP Ramvir Singh Bidhuri. Property cards will be issued to landowners, enabling them to secure bank loans.

Amit Shah Accuses Mamata Banerjee Of Turning Kolkata Into 'City Of Slums'

Amit Shah Accuses Mamata Banerjee Of Turning Kolkata Into 'City Of Slums'

Rediff.com22 Apr 2026

Union Home Minister Amit Shah has accused the TMC government of turning Kolkata into a 'city of slums' and using infiltrators as a vote bank, sparking a strong reaction from the TMC, which accused him of insulting the people of Bengal.

How investors will benefit if banks start lending to Reits

How investors will benefit if banks start lending to Reits

Rediff.com6 Feb 2026

The Reserve Bank of India on Friday proposed to allow banks to lend to Real Estate Investment Trusts (REITs) with certain prudential safeguards to deepen the financing pool for the real estate sector.

Sensex bounces back on buying in metal, bank stocks

Sensex bounces back on buying in metal, bank stocks

Rediff.com27 Jan 2026

Equity benchmark indices Sensex and Nifty ended higher in highly volatile trade on Tuesday, buoyed by heavy buying in bank and metal stocks, a firm trend in global markets and optimism over India-EU FTA. The 30-share BSE Sensex climbed 319.78 points, or 0.39 per cent, to settle at 81,857.48.

India needs world-class banks; in talks with RBI, lenders: Sitharaman

India needs world-class banks; in talks with RBI, lenders: Sitharaman

Rediff.com6 Nov 2025

Finance Minister Nirmala Sitharaman on Thursday said the country needs big and world-class banks, and discussions are on with the Reserve Bank and lenders in this regard.

Amit Shah Focuses on Infiltration Issue in West Bengal Poll Campaign

Amit Shah Focuses on Infiltration Issue in West Bengal Poll Campaign

Rediff.com13 Apr 2026

Union Home Minister Amit Shah asserts the BJP will form a government in West Bengal and address the issue of infiltration, accusing Mamata Banerjee of allowing it for vote-bank politics.

What The Opposition Must Learn From Mamata's Defeat

What The Opposition Must Learn From Mamata's Defeat

Rediff.com6 May 2026

'If the Opposition associates itself too much with the minorities, then it becomes easy for the BJP to get Hindu consolidation votes.'

J&K Governor Accuses Pakistan Of Pushing Drugs

J&K Governor Accuses Pakistan Of Pushing Drugs

Rediff.com3 May 2026

Jammu and Kashmir Lieutenant Governor Manoj Sinha has accused Pakistan of targeting the region's youth by flooding the streets with drugs, vowing to combat the menace and protect the younger generation.

What NSA Ajit Doval Told 16 Prominent Indian Muslims

What NSA Ajit Doval Told 16 Prominent Indian Muslims

Rediff.com28 Apr 2026

'I cannot imagine that any NSA before Ajit Doval would have given us this kind of time and this kind of engagement. They would have offered slogans, or nothing at all. That, too, tells you something.'

West Asia crisis, inflation weighed on RBI panel's decision on interest rate

West Asia crisis, inflation weighed on RBI panel's decision on interest rate

Rediff.com22 Apr 2026

Uncertainties stemming from the West Asia crisis and its potential impact on inflation and economic growth were key factors in the Reserve Bank of India's Monetary Policy Committee (MPC) decision to maintain the status quo on interest rates, according to the recently released MPC meeting minutes.

Strikes Shake India's Gig Economy

Strikes Shake India's Gig Economy

Rediff.com21 Feb 2026

Two of the three strikes are related to the gig economy, a centrepiece of the new labour Codes.

RBI Projects 6.9% GDP Growth Amid Global Uncertainties

RBI Projects 6.9% GDP Growth Amid Global Uncertainties

Rediff.com8 Apr 2026

The Reserve Bank of India (RBI) has projected a 6.9 per cent GDP growth for the current financial year, citing concerns over commodity prices and supply chain disruptions stemming from the West Asia crisis.

Govt receives financial bids for IDBI Bank stake sale, says Dipam

Govt receives financial bids for IDBI Bank stake sale, says Dipam

Rediff.com7 Feb 2026

The government on Friday received financial bids for the strategic disinvestment of IDBI Bank, the Department of Investment and Public Asset Management (Dipam) said in an official statement on X.

Shah Accuses TMC of Jeopardising National Security Through Infiltration

Shah Accuses TMC of Jeopardising National Security Through Infiltration

Rediff.com28 Mar 2026

Union Home Minister Amit Shah has accused the TMC government in West Bengal of jeopardising national security through appeasement politics and failing to secure the border, framing the upcoming election as crucial for the entire country.

Poor Credit Score May Cost You Jobs

Poor Credit Score May Cost You Jobs

Rediff.com14 Apr 2026

Over the past three years, the appointments of 20 candidates selected through the Institute of Banking Personnel Selection were cancelled or offers were withdrawn due to poor credit history.

RBI looks to ban sales incentive to bank staffers from third party

RBI looks to ban sales incentive to bank staffers from third party

Rediff.com12 Feb 2026

In a move aimed at curbing the mis-selling of financial products, the Reserve Bank of India (RBI) has proposed banning incentives paid to bank staffers by third parties such as insurance companies and mutual fund houses for selling their products and services. It has also proposed that banks must ensure their user interfaces do not deploy "dark patterns" to lure customers.

CBI books Anil Ambani's son, Reliance Home Finance in Rs 228 crore bank fraud case

CBI books Anil Ambani's son, Reliance Home Finance in Rs 228 crore bank fraud case

Rediff.com9 Dec 2025

The CBI has booked the son of industrialist Anil Ambani, Jai Anmol Anil Ambani, and Reliance Home Finance Ltd. (RHFL) in a case of alleged cheating in Union Bank of India that caused a loss of Rs 228 crore to the public bank, officials said on Tuesday.

Amit Shah Promises to Recover 'Stolen' Funds, Boost North Bengal Development

Amit Shah Promises to Recover 'Stolen' Funds, Boost North Bengal Development

Rediff.com15 Apr 2026

Union Home Minister Amit Shah pledged the BJP will recover funds allegedly stolen by the TMC in Bengal and promised development schemes for North Bengal, while attacking Mamata Banerjee's governance.

Loan growth, margins set to improve for banks in Q3

Loan growth, margins set to improve for banks in Q3

Rediff.com8 Jan 2026

The banking sector could see better loan growth in the third quarter of financial year 2026 (Q3FY26) with improved net interest margins (NIMs), though the full impact of latest rate cuts will be largely felt in the fourth quarter. There may be lower slippage in unsecured loans and microfinance institutions (MFIs) along with steady recovery trends, which should lower credit cost.

How India's New Phygital Centre Aims to Transform Rural Life in Madhya Pradesh

How India's New Phygital Centre Aims to Transform Rural Life in Madhya Pradesh

Rediff.com15 Mar 2026

India has launched its first integrated phygital service centre in Umri village, Madhya Pradesh, aiming to provide online services and boost rural development through digital connectivity and various essential services.

Revealed! Nirmalaji's 'Dharam Sankat'...

Revealed! Nirmalaji's 'Dharam Sankat'...

Rediff.com7 Apr 2026

'Whether you will bring this down and cause hurt to senior citizens, who are probably living on that little interest rate that they earn out of it... But equally, if I just look at the kitty of the National Small Savings Fund, it is from that same kitty that I'm borrowing.'

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.

'Real Issue Is Land, Not Religion In Assam'

'Real Issue Is Land, Not Religion In Assam'

Rediff.com5 May 2026

'The real fault line in Assam is not Hindu versus Muslim. It is Assamese versus Bengali -- and within that, the specific anxiety about undocumented Bangladeshi settlers claiming land and altering the demographic balance of the state.'

High-pitched campaign for Phase 1 of Bengal polls ends

High-pitched campaign for Phase 1 of Bengal polls ends

Rediff.com21 Apr 2026

The high-pitched campaign for the first phase of West Bengal assembly elections concluded with the BJP and TMC focusing on electoral rolls and dietary habits, while making promises to voters. Voting is scheduled in 152 constituencies across north Bengal and southern districts, with over 3.60 crore electors eligible to vote. A record number of Central paramilitary forces have been deployed, and several districts have been identified as highly sensitive.

Union Bank launches solution

Union Bank launches solution

Rediff.com17 Feb 2003

Union Bank of India launched core banking solution for anywhere banking, interconnecting its twelve branches across centres in Mumbai, Delhi and Bangalore.

GST rate cuts spur credit growth in banking sector in Q3 FY26

GST rate cuts spur credit growth in banking sector in Q3 FY26

Rediff.com7 Jan 2026

Banking sector has witnessed healthy growth in advances in the third quarter of financial year 2026 (Q3FY26) against the same period last year, as the full impact of goods and service tax (GST) rate cuts drove growth. Most of the lenders saw their credit growth outpace the deposit growth in the quarter.

Quite possible that rates will remain low in the near to medium term, says RBI Governor

"Quite possible that rates will remain low in the near to medium term," says RBI Governor

Rediff.com9 Apr 2026

"It is quite possible that the rates will remain low in the near to medium term, but that will depend on how conditions evolve," said RBI Governor Sanjay Malhotra.

Shah Accuses TMC of Jeopardising National Security Through Infiltration

Shah Accuses TMC of Jeopardising National Security Through Infiltration

Rediff.com28 Mar 2026

Union Home Minister Amit Shah has accused the TMC government in West Bengal of jeopardising national security through appeasement politics and allowing infiltration, framing the upcoming election as crucial for the country's security.

Tamil Nadu defeats Delhi: Stalin on women's quota bill's rout in LS

Tamil Nadu defeats Delhi: Stalin on women's quota bill's rout in LS

Rediff.com17 Apr 2026

Tamil Nadu Chief Minister M K Stalin has claimed victory for the state after the Constitution Amendment Bill was defeated in the Lok Sabha. Stalin criticised the Centre's handling of the Women's Reservation Bill and delimitation process, accusing the BJP of prioritising political gain over fairness and consultation.

Amit Shah Promises to Drive Out Infiltrators from Bengal if BJP Forms Government

Amit Shah Promises to Drive Out Infiltrators from Bengal if BJP Forms Government

Rediff.com15 Apr 2026

Union Home Minister Amit Shah has promised to expel infiltrators from West Bengal and secure the border if the BJP wins the upcoming assembly elections. He accused Chief Minister Mamata Banerjee of neglecting North Bengal and favouring Muslims in budget allocations.

India now Maoist-free, declares Amit Shah in Lok Sabha; slams Rahul Gandhi

India now Maoist-free, declares Amit Shah in Lok Sabha; slams Rahul Gandhi

Rediff.com31 Mar 2026

Union Home Minister Amit Shah criticised the Congress party for its alleged inaction in addressing Maoist violence during its long rule, while highlighting the Modi government's success in nearly eradicating Maoists from Bastar, Chhattisgarh.

Will Vijay Be Tamil Nadu's Showstopper?

Will Vijay Be Tamil Nadu's Showstopper?

Rediff.com21 Apr 2026

Whether he comes to power or not, both his admirers and opponents agree on one thing -- Vijay may well turn out to be the 'X factor'.

BJP-TMC clash dominates as Bengal heads into final phase voting

BJP-TMC clash dominates as Bengal heads into final phase voting

Rediff.com28 Apr 2026

The campaign for the current election cycle ended on Monday as canvassing for the final phase in West Bengal concluded with a bitter war of words between rival parties over cross-border infiltration, corruption, unemployment and the Special Intensive Revision (SIR) of electoral rolls.

Rajnath Singh Accuses Mamata Banerjee of Misrule and Appeasement in Bengal

Rajnath Singh Accuses Mamata Banerjee of Misrule and Appeasement in Bengal

Rediff.com7 Apr 2026

Defence Minister Rajnath Singh has launched a strong attack on West Bengal Chief Minister Mamata Banerjee, accusing her government of appeasement politics, encouraging illegal immigration for votes, and leading the state into misrule and corruption.

The Luv Kush Factor: Why BJP Picked Samrat Choudhary

The Luv Kush Factor: Why BJP Picked Samrat Choudhary

Rediff.com15 Apr 2026

The BJP will use Samrat Choudhary to make a dent into Nitish Kumar's traditional social support base of Kurmi and Koeri/Kushwaha communities.