Search results for ' Finance'

Bajaj Finance to Muthoot Finance: NBFCs outpace banks once again

Bajaj Finance to Muthoot Finance: NBFCs outpace banks once again

Rediff.com16 Dec 2025

Non-banking financial companies (NBFCs) such as Bajaj Finance, Shriram Finance, Muthoot Finance, and IIFL Finance have regained their growth momentum after losing market share to banks in the post-Covid period. The growth surge is being led by diversified lenders and gold-loan companies while development-finance institutions such as Power Finance Corporation (PFC), REC, and Housing & Urban Development Corporation (Hudco) continue to grow at a slower pace.

Sagarmala Finance expecting at least Rs 2K cr equity infusion from govt: MD

Sagarmala Finance expecting at least Rs 2K cr equity infusion from govt: MD

Rediff.com6 days ago

India's first maritime lender, state-owned Sagarmala Finance Corporation Ltd (SMFCL) hit the ground running with a Rs 4,300 crore disbursement announcement last Tuesday, within months of being registered as a non-banking financial company (NBFC) in June 2025.

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.

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

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

Rediff.com26 Nov 2025

Mint Road's proposals on banks' M&A funding are cautious even as entrants root for more elbow room, and weigh business models.

Sitharaman to Present Budget 2026 on Sunday, February 1

Sitharaman to Present Budget 2026 on Sunday, February 1

Rediff.com1 hour ago

Finance Minister Nirmala Sitharaman will present the general budget in Parliament on February 1. The Budget session of Parliament begins on January 28 with President Droupadi Murmu addressing both houses.

India's Housing Finance Sector Hits Home Run

India's Housing Finance Sector Hits Home Run

Rediff.com29 Oct 2025

India's housing finance sector is riding a wave of post-pandemic revival, driven by policy support, digital innovation, and growing demand from younger homebuyers in emerging cities.

Live selfie, location lock: India tightens KYC rules for crypto exchanges

Live selfie, location lock: India tightens KYC rules for crypto exchanges

Rediff.com1 days ago

Under the new rules, users must take a "live selfie" using software that verifies their presence, typically through eye-blinking or head movement. The measure helps prevent the use of static photos or deepfakes.

Budget session from Jan 28; Union Budget on February 1

Budget session from Jan 28; Union Budget on February 1

Rediff.com2 days ago

The Budget session of Parliament will be held from January 28 to April 2, featuring the President's address, the Economic Survey, and the presentation of the general Budget.

SBI open to collaborate with foreign banks on acquisition finance: Chairman

SBI open to collaborate with foreign banks on acquisition finance: Chairman

Rediff.com4 Nov 2025

The country's largest lender SBI is open to collaborating with foreign banks once the Reserve Bank makes it possible for local banks to do acquisition finance, its chairman CS Setty said on Tuesday. Speaking to reporters, weeks after the central bank announced its intent to allow Indian banks to fund companies for executing domestic acquisitions, Setty acknowledged that the "MNC (multinational companies) banks" are dominant in the space.

Rice exporters seek Budget sops to boost competitiveness

Rice exporters seek Budget sops to boost competitiveness

Rediff.com6 days ago

The Indian Rice Exporter's Federation (IREF) on Tuesday urged the government to provide tax incentives, interest subvention and freight support in the upcoming 2026 Budget to strengthen the sector's competitiveness while addressing sustainability concerns.

How Winter Session Sets Stage For Budget

How Winter Session Sets Stage For Budget

Rediff.com7 days ago

Three laws passed in Parliament could boost central revenues, reshape GST cess flows, shift MGNREGA costs to states and create new budget headroom ahead of the 2026-2027 Union Budget, points out A K Bhattacharya.

Bajaj Finance expects AUM from MSME business to grow 10-12% in FY26

Bajaj Finance expects AUM from MSME business to grow 10-12% in FY26

Rediff.com12 Nov 2025

Bajaj Finance's shares fell more than 7 per cent on Tuesday after it trimmed growth guidance for FY26, from 24-25 per cent projected earlier to 22-23 per cent.

'I was living a lie': Mary Kom breaks silence on divorce

'I was living a lie': Mary Kom breaks silence on divorce

Rediff.com10 hours ago

"What's the point of all that I achieved?" wondered M C Mary Kom as she opened up to PTI about the "darkest phase" of her life, that included a painful divorce, near bankruptcy and a quiet emotional collapse.

States Have Thrown A Spanner In RBI's Easy-Money Machine

States Have Thrown A Spanner In RBI's Easy-Money Machine

Rediff.com5 days ago

State debt is rising because revenues are disappointingly weak. Ten states have debt ratios exceeding 30 per cent. In 2023-2024, states were borrowing simply to meet day-to-day expenses, points out Debashis Basu.

$6-Billion Foreign Bet on India's Private Banks

$6-Billion Foreign Bet on India's Private Banks

Rediff.com3 hours ago

Cleaner balance sheets, regulatory support and strong growth prospects helped Indian private banks attract over $6 billion in foreign capital, with more deals expected in 2026.

Energy, banking and metal stocks push Sensex up 302 points

Energy, banking and metal stocks push Sensex up 302 points

Rediff.com41 minutes ago

From the 30-Sensex firms, Tata Steel, Asian Paints, Trent, State Bank of India, Hindustan Unilever, UltraTech Cement, ICICI Bank and Bharti Airtel were among the gainers. On the other hand, Infosys, Bajaj Finance, Bharat Electronics, Larsen & Toubro and HDFC Bank were the laggards.

GST Council To Consider 5% GST For Air, Water Purifiers

GST Council To Consider 5% GST For Air, Water Purifiers

Rediff.com5 hours ago

Any reduction on purifiers would need consensus among state finance ministers.

Budget 2026: Is Customs Amnesty Scheme On The Cards?

Budget 2026: Is Customs Amnesty Scheme On The Cards?

Rediff.com5 days ago

Total pending Customs arrears, including amounts under litigation, court stays and cases where the appeal period has not expired, stood at about Rs 1.36 trillion at the end of December 2024.

500% US Tariff Threat Looms Over India

500% US Tariff Threat Looms Over India

Rediff.com3 days ago

A 500 per cent tariff would effectively shut out India's goods and services exports to the US.

Sensex tanks 780 points on renewed trade uncertainties

Sensex tanks 780 points on renewed trade uncertainties

Rediff.com4 days ago

From the 30-Sensex firms, Larsen & Toubro, Tech Mahindra, Tata Consultancy Services, Reliance Industries, Tata Steel, and Trent were among the biggest laggards. On the other hand, Eternal, ICICI Bank, Bajaj Finance, and Bharat Electronics were the gainers.

Sensex, Nifty tank nearly 1%

Sensex, Nifty tank nearly 1%

Rediff.com3 days ago

From the 30-Sensex firms, NTPC, ICICI Bank, Adani Ports, Bharti Airtel, Sun Pharma and Bajaj Finance were among the biggest laggards. However, Asian Paints, HCL Tech, Bharat Electronics and Reliance Industries were among the gainers.

Manappuram, Muthoot zoom up to 82% in 2025; what's driving gold financiers?

Manappuram, Muthoot zoom up to 82% in 2025; what's driving gold financiers?

Rediff.com25 Dec 2025

Shares of gold finance companies Muthoot Finance and Manappuram Finance hit their respective all-time highs, gaining on the BSE during Wednesday on expectation of healthy earnings. In comparison, the benchmark BSE Sensex was down 0.14 per cent, closing at 85,408.

The 7 Highest-Rated TV Shows Ever

The 7 Highest-Rated TV Shows Ever

Rediff.com3 days ago

Drawing on December 2025 IMDb user ratings, we present a list of the most-highly rated shows of all time.

'IOB Bets Big On M&A Financing'

'IOB Bets Big On M&A Financing'

Rediff.com3 Nov 2025

'This is an area where good lending can happen, and that is one of the priorities for the next quarter.'

Tenure of 16th Finance Commission extended till Nov 30

Tenure of 16th Finance Commission extended till Nov 30

Rediff.com14 Oct 2025

The government has extended the tenure of the 16th Finance Commission by one month till November 30. The 16th Finance Commission was constituted by the government on December 31, 2023, with former Niti Aayog vice-chairman Arvind Panagariya as its Chairman.

At $4.4 bn, Shriram Fin to get India's largest financial-sector FDI

At $4.4 bn, Shriram Fin to get India's largest financial-sector FDI

Rediff.com20 Dec 2025

Leading non-banking financial company (NBFC) Shriram Finance on Friday said Japan-based MUFG Bank would invest Rs 39,618 crore, or $4.4 billion, to acquire a 20 per cent stake on a fully diluted basis through a preferential issue of equity shares.

'She Lied When She Said She's A Virgin'

'She Lied When She Said She's A Virgin'

Rediff.com9 hours ago

rediffGURU Ravi Mittal, CEO of Quack Quack, an online dating Website and Rebounce, a matchmaking matrimony platform, counsels a young man on how to approach the situation with sincerity.

Sensex down 322 points on selling in blue-chips

Sensex down 322 points on selling in blue-chips

Rediff.com7 days ago

From the 30-Sensex firms, HDFC Bank, Infosys, HCL Tech, Bajaj Finance, Tata Consultancy Services and Reliance Industries were among the biggest laggards. In contrast, Bharat Electronics, Hindustan Unilever, Tata Steel and UltraTech Cement were among the gainers.

'Indian agent' tag on Tamim divides Bangladesh cricket

'Indian agent' tag on Tamim divides Bangladesh cricket

Rediff.com3 days ago

A senior Bangladesh Cricket Board (BCB) official has found himself at the centre of a major controversy after branding former Bangladesh captain Tamim Iqbal an 'Indian agent', triggering widespread backlash across the country's cricketing fraternity.

Govt notifies rules to enable 100% FDI in insurance sector

Govt notifies rules to enable 100% FDI in insurance sector

Rediff.com1 Jan 2026

Following the notification allowing 100 per cent foreign direct investment (FDI) in the insurance sector, the Finance Ministry has revised norms to remove the requirement that a majority of directors and key management personnel in an insurance company with foreign investment be Indian residents.

Nifty hits record intra-day high; Sensex jumps 573 points

Nifty hits record intra-day high; Sensex jumps 573 points

Rediff.com2 Jan 2026

From the 30-Sensex firms, NTPC, Trent, Bajaj Finance, Power Grid, Maruti, State Bank of India, ICICI Bank and Bharat Electronics were among the biggest gainers. In contrast, ITC, Kotak Mahindra Bank, Titan Company, Axis Bank and Bharti Airtel were the laggards.

'India Lags Behind In Innovation Leadership'

'India Lags Behind In Innovation Leadership'

Rediff.com6 days ago

'We frequently discuss AI, but we're waiting for other countries to develop solutions rather than creating intellectual property ourselves.' 'We haven't yet produced comprehensive AI solutions developed in India for global markets.'

Trump backs bill to 'punish' countries buying Russian oil

Trump backs bill to 'punish' countries buying Russian oil

Rediff.com4 days ago

United States President Donald Trump has backed a sanctions bill that could impose 500 per cent tariffs on countries buying Russian oil, giving the White House leverage against countries like China and India to stop them from purchasing cheap oil from Moscow.

Sensex ends in red; ITC is biggest drag

Sensex ends in red; ITC is biggest drag

Rediff.com1 Jan 2026

From the 30-Sensex firms, ITC tanked 9.69 per cent, following Bajaj Finance, Asian Paints, Bharat Electronics and ICICI Bank. In contrast, NTPC, Eternal, Mahindra & Mahindra, Larsen & Toubro and Power Grid were among the gainers.

Automobile retail sales up 7.71% at 2,81,61,228 units in 2025: FADA

Automobile retail sales up 7.71% at 2,81,61,228 units in 2025: FADA

Rediff.com5 days ago

Retail sales of vehicles across categories in India in 2025 grew by 7.71 per cent at 2,81,61,228 units as compared to 2,61,45,445 in 2024, with GST 2.0 helping overcome a subdued start to the year, Federation of Automobile Dealers Associations said on Tuesday.

'Trapped in Payday-Loan Debt! Help'

'Trapped in Payday-Loan Debt! Help'

Rediff.com8 hours ago

Ask rediffGURU and PF expert Nitin Narkhede your mutual fund and personal finance-related questions.

Centre Okays First Underwater Road-Rail Tunnel Across Brahmaputra

Centre Okays First Underwater Road-Rail Tunnel Across Brahmaputra

Rediff.com7 days ago

The project is aimed at enabling faster movement of security forces and military equipment during exigencies, while also improving connectivity to Arunachal Pradesh, Manipur and other north eastern states.

How EPF Compounds But Inflation...

How EPF Compounds But Inflation...

Rediff.com6 days ago

While EPF rewards patience and compounds your money, inflation decides how far your money really goes.

Sensex, Nifty close marginally lower on foreign fund outflows

Sensex, Nifty close marginally lower on foreign fund outflows

Rediff.com30 Dec 2025

From the 30-Sensex firms, Eternal, Infosys, Asian Paints, UltraTech Cement, Bajaj Finance, HCL Tech and Titan were among the biggest laggards. However, Tata Steel, Mahindra & Mahindra, Bajaj Finserv and Axis Bank were among the biggest gainers.

The Jail Where Nicolas Maduro Is Imprisoned

The Jail Where Nicolas Maduro Is Imprisoned

Rediff.com4 days ago

Well-known inmates of the notorious Metropolitan Detention Center, Brooklyn, New York.