The asymmetry in deposit and credit growth is the biggest challenge before the Indian banking industry. For every 100 deposit that a bank mobilises, it needs to keep 3 with the banking regulator in the form of cash reserve ratio on which it doesn't earn any interest. Another 18 is used for buying government bonds (statutory liquidity ratio). This means, a bank is left with 79 for giving credit. Add to this, its capital which can be used for giving loans. Most banks are facing a fund crunch. They need to find ways to attract deposits if they want to sustain credit growth, explains Tamal Bandyopadhyay.
Satwiksairaj Rankireddy and Chirag Shetty defeated the world number one pair from Korea to reach the final of the Singapore Open Super 750 badminton tournament.
The world volleyball body FIVB has revoked the Volleyball Federation of India's recognition with immediate effect for breach of legal and administrative requirements.
Sports Minister Mansukh Mandaviya will visit Meghalaya to review preparations for the 39th National Games and inaugurate a sports complex.
India and China held constructive talks on the situation along the Line of Actual Control (LAC) in eastern Ladakh, emphasising that maintaining border peace and tranquillity enabled progress in normalising overall relations.
India has rejected any role for third parties in resolving its border dispute with Nepal, following comments from Nepal's Prime Minister suggesting involvement of China and the UK.
India has expressed firm opposition to attacks on merchant shipping amidst the ongoing Iran conflict, revealing that several Indian nationals have died or are missing due to these incidents. The nation also called for restraint, de-escalation, and prioritising civilian safety in the region.
For the foreseeable future, the most likely outcome remains continuation of the status quo. Taiwan will remain self-governing without formally declaring independence, while China continues to apply sustained pressure short of war, predict Krishnan Srinivasan and Manoj Mohanka.
The England and Wales Cricket Board has moved the start times of the upcoming five T20 Internationals against India an hour earlier to 10:00 pm IST, aiming to maximise television viewership in the subcontinent. This decision, made after consulting broadcasters, highlights English cricket's financial reliance on high-value series featuring India. The tour also includes a sold-out ODI series, with uncertainty surrounding Virat Kohli's participation due to injury.
The Indian government has addressed Parliament regarding a case of an Indian national seeking repatriation from Russia due to the situation in West Asia and the Gulf region. The government also responded to queries about Indian nationals denied entry to South Korea and seafarers detained in foreign countries.
US Secretary of State Marco Rubio says relations between India and the US have not lost momentum and are set to strengthen, with hopes for a trade deal soon.
Based on figures currently listed on the ministry of external affairs web site, a large number of Indians reside across West Asia.
The MY Bharat Youth Convention in New Delhi will host over 6,000 youngsters, featuring interactions with prominent personalities and felicitating emerging talents. Organised by the Ministry of Youth Affairs and Sports, the event aims to empower youth towards the vision of Viksit Bharat @2047. It also celebrates MY Bharat's recent Guinness World Record for youth engagement.
Dinesh Trivedi's experience as a businessperson and his fluency in Bengali are expected to be crucial in strengthening India-Bangladesh relations, particularly in attracting Indian investments to Dhaka.
Through his commitment to democratic norms, debate, dissent and constitutionalism, Jawaharlal Nehru helped ensure that parliamentary democracy took deep root in independent India. Utkarsh Mishra evaluates Nehru's 17 years as India's first prime minister, examining his role in nation-building, democratic institution-building, economic planning, scientific advancement and foreign policy.
Google has removed the messaging app Telegram from its Play Store in India, with Apple expected to follow, in compliance with a government order aimed at preventing paper leaks during the upcoming NEET-UG re-examination on June 21. The government has also directed Telegram to temporarily disable its message-editing feature until June 30.
To get its act going in Myanmar, India would need very dynamic diplomacy and not the lazy all-eggs-in-one-basket approach, points out Subir Bhaumik.
An innovation roadmap, a mechanism to double annual bilateral trade within next five years, and a joint artificial intelligence framework were among 13 outcomes to emerge from wide-ranging talks between Prime Minister Narendra Modi and President Emmanuel Macron on Sunday.
Satwiksairaj Rankireddy and Chirag Shetty defeated the world number one pair from Korea to reach the final of the Singapore Open Super 750 badminton tournament.
'We caught General Pervez Musharraf talking over the phone with his Chief of General Staff Lieutenant General Mohammad Aziz. Musharraf was visiting China; Aziz was in Rawalpindi.'
Russian President Vladimir Putin has offered New Delhi Russia's fifth-generation stealth aircraft Sukhoi Su-57 and even suggested that the combat jet could even be jointly produced in India in line with the strong strategic partnership between the two countries.
Venezuela's Interim President Delcy Rodriguez is in New Delhi on her sixth visit to India.
Author of over 100 books, he served as the secretary general of Lok Sabha from 1983 to 1990.
India beat defending champion Bangladesh 3-1 to win their first SAFF title in seven years.
The Congress party has launched a scathing attack on Prime Minister Narendra Modi, calling him a 'millstone' around India's neck and accusing him of presiding over the 'murder of democracy', even as he achieved the milestone of becoming India's longest continuously serving elected prime minister.
The Ministry of External Affairs informed a parliamentary committee that nearly 1,000 Indians remain in Iran amidst the West Asia conflict, and 23,000 students in the Gulf region missed CBSE exams due to the turmoil.
The BJP has announced 11 candidates for the upcoming Rajya Sabha polls, notably omitting Union ministers Ravneet Singh Bittu and George Kurian, whose terms end soon. This decision, alongside other recent appointments, has fuelled speculation about an imminent Cabinet reshuffle. The list includes new faces and senior party leaders from various states.
Data reveals a disturbing trend of Indian worker deaths abroad, particularly in Gulf nations, alongside numerous complaints of exploitation and labour rights violations.
US President Donald Trump reiterated his strong support for India and Prime Minister Narendra Modi, declaring that 'India can count on me 100 per cent' during a celebratory event marking the 250th anniversary of American independence in New Delhi.
The family of Dixit Solanki, an Indian seafarer killed in a suspected attack on a merchant vessel off the coast of Oman, has filed a petition in the Bombay High Court seeking the return of his mortal remains.
World Anti-Doping Agency President Witold Banka is in India to discuss the implementation of effective anti-doping measures with sports minister Mansukh Mandaviya and other officials, following concerns about India's high doping numbers.
The 75th edition of Fit India Sundays on Cycle drew massive participation across more than 8,000 locations nationwide as the initiative commemorated Commonwealth Games Day and built momentum towards the historic 2030 Commonwealth Games in Ahmedabad.
Taking to Truth Social on Monday evening, Trump reposted Gor's original Sunday night dispatch alongside a video snippet from the grand celebrations marking the 250th anniversary of America's independence, hosted at the iconic Bharat Mandapam in the national capital.
'Today, we see people go on ChatGPT to ask 'can you plan my holiday' and then they have to go outside of the ChatGPT window to make all the bookings and so how can we complete that really high-intent use case that a user has come to ChatGPT with and help them complete that all the way within the chat GPT window.'
HDFC Bank's shares experienced a dip on Wednesday after a newspaper report alleged that the bank made illegal payments to the Maharashtra State Road Development Corporation to secure large deposits, raising concerns about corporate governance.
The Ministry of External Affairs (MEA) reports that over 1,150 Indian nationals have been evacuated from Iran through land borders into Armenia and Azerbaijan since the start of the West Asia conflict. The MEA also confirmed that three Indians were injured in attacks in the UAE.
The Nepalese foreign minister was speaking to the media a day after holding wide-ranging talks with his Indian counterpart S Jaishankar that focused on ways to further expand ties in diverse sectors, including trade, critical technology, connectivity and energy.
External Affairs Minister S Jaishankar raised India's concerns with US Secretary of State Marco Rubio regarding changes to US visa and immigration policies, emphasising that legal mobility should not be negatively affected. Rubio acknowledged potential 'bumps' during the transition as the US aims to improve its immigration system.
rediffGURU Nayagam PP, career counsellor and founder of EduJob360 explains why cracking the UPSC exam is a dream for lakhs of young Indians.
The Enforcement Directorate conducted raids across Maharashtra and Gujarat as part of a money laundering investigation against Mohammad Salim Dola, an alleged drug trafficker associated with the Dawood Ibrahim gang.
