Search results for 'Credit'

PM Modi's Encouragement Fuels Asian Games Medallists' Olympic Dreams

PM Modi's Encouragement Fuels Asian Games Medallists' Olympic Dreams

Rediff.com6 days ago

Indian Asian Games medallists expressed boosted confidence after meeting Prime Minister Narendra Modi, who encouraged them to aim for bigger goals at the 2028 Los Angeles Olympics. Athletes like Lovlina Borgohain, Nethra Kumanan, and Vithya Ramraj highlighted Modi's vision for Indian sports, including hosting major events, and the positive impact of improved facilities and support.

Ranji Trophy: Manvanth Kumar's 135 Puts Karnataka on Top Against Saurashtra

Ranji Trophy: Manvanth Kumar's 135 Puts Karnataka on Top Against Saurashtra

Rediff.com2 days ago

Manvanth Kumar's brilliant maiden first-class hundred, a composed 135 off 214 balls, enabled Karnataka to post 342 all out before their bowlers rattled Saurashtra's top-order, reducing them to 164 for four at stumps on day two of their Ranji Trophy Group B match.

Nirmala Sitharaman: Next-Gen GST and India's next phase of growth

Nirmala Sitharaman: Next-Gen GST and India's next phase of growth

Rediff.com5 Oct 2026

India's Next-Gen GST reforms are proving instrumental in driving robust economic growth, simplifying tax compliance, and fostering a more inclusive business environment across the nation, aligning with the vision of a 'Viksit Bharat', writes Finance Minister Nirmala Sitharaman.

Shreyas Iyer highlights bowling failures as India miss T20I series win vs Windies

Shreyas Iyer highlights bowling failures as India miss T20I series win vs Windies

Rediff.com4 days ago

India captain Shreyas Iyer reflected on the drawn five-match T20I series against the West Indies, suggesting India could have performed better with the ball in their lost games. West Indies captain Shai Hope expressed satisfaction with his team's progress despite missing a series win. India is now set to tour New Zealand for another five-match series.

Nana Patekar or Smit Machchhar? Mumbai bridge naming sparks political row

Nana Patekar or Smit Machchhar? Mumbai bridge naming sparks political row

Rediff.com5 days ago

A dispute has emerged in Mumbai regarding the naming of the new East-West Vidyavihar bridge. The Shiv Sena (UBT) is advocating for it to be named after actor Nana Patekar, while BJP MLA Parag Shah proposed naming it after Captain Smit Machchhar, a pilot recognised for thwarting a hijacking. The controversy highlights differing views on honouring local figures and public service.

GST Council to focus on process reforms, ease of doing business

GST Council to focus on process reforms, ease of doing business

Rediff.com8 Oct 2026

The Goods and Services Tax (GST) Council is set to discuss proposals aimed at transforming the complex indirect tax system into a more business-friendly regime, focusing on simplifying compliance, reducing administrative burdens, and potentially raising the prosecution threshold.

Akash Ambani seeks to recreate Dhirubhai's legacy with India's biggest IPO as Jio goes public

Akash Ambani seeks to recreate Dhirubhai's legacy with India's biggest IPO as Jio goes public

Rediff.com2 days ago

Akash Ambani is leading Jio Platforms' initial public offering (IPO), set to be India's largest, with a strategy that includes appealing to regional investors and drawing parallels to his grandfather Dhirubhai Ambani's historic public listing of Reliance Industries.

Samson reveals what cost India the 4th T20I

Samson reveals what cost India the 4th T20I

Rediff.com7 days ago

Sanju Samson defended India's bowlers after their 24-run defeat to the West Indies in the fourth T20, which levelled the series 2-2. He attributed the loss to Tilak Varma's dismissal as a turning point and praised Shai Hope's match-winning century. Samson also discussed the challenging conditions in Hyderabad and the need for emerging pacers to gain experience.

'You Will Get Your Opportunities': Iyer's Message to Sooryavanshi

'You Will Get Your Opportunities': Iyer's Message to Sooryavanshi

Rediff.com4 days ago

Indian skipper Shreyas Iyer has assured young talent Vaibhav Sooryavanshi that opportunities will come if he remains consistent, while also reflecting on India's high-scoring T20I series against West Indies, which ended in a 2-2 draw.

Indian banks set for healthy profit growth in Q2FY27, but NIMs face pressure

Indian banks set for healthy profit growth in Q2FY27, but NIMs face pressure

Rediff.com12 Oct 2026

Indian banks are projected to achieve healthy profit growth in the second quarter of financial year 2027 (Q2FY27), driven by lower credit costs, robust advance growth, and fee income. However, net interest margins (NIMs) are expected to face pressure due to significant mobilisation of foreign currency non-resident (bank) FCNR(B) deposits.

Buying A Car This Festive Season? Avoid These Loan Mistakes

Buying A Car This Festive Season? Avoid These Loan Mistakes

Rediff.com1 days ago

Choose a car loan that fits your budget, keeps EMIs manageable and saves you money on interest, not just one with attractive festive offers.

How Arshdeep and Co. stopped Hope after Ranchi blitz

How Arshdeep and Co. stopped Hope after Ranchi blitz

Rediff.com12 Oct 2026

India secured a 14-run victory against West Indies in the third T20 International, taking a 2-1 lead in the five-match series. Pacer Arshdeep Singh was instrumental, claiming three wickets and executing a clear plan to contain key West Indies batters like Shai Hope and Sherfane Rutherford. Arshdeep also highlighted the relaxed team atmosphere and his desire to contribute with the bat.

Tsitsipas credits coaching change for renewed calm, confidence

Tsitsipas credits coaching change for renewed calm, confidence

Rediff.com1 Sep 2026

Stefanos Tsitsipas revealed that ending his coaching relationship with his father, Apostolos, brought much-needed calm and rebuilt his confidence, leading to a strong first-round win at the US Open.

PIX: Rice saves Arsenal; Real Madrid hit four, Manchester Utd trounced

PIX: Rice saves Arsenal; Real Madrid hit four, Manchester Utd trounced

Rediff.com15 hours ago

Declan Rice scored a late equaliser for Arsenal in a 2-2 Champions League draw against Bayern Munich on Wednesday. Elsewhere, Real Madrid secured a dominant 4-1 victory over RB Leipzig, largely due to Thibaut Courtois's saves. Manchester United suffered a bruising 4-1 defeat to Como, with Nico Paz starring for the Italian side. Other European matches saw Galatasaray, Inter Milan, Aston Villa, Real Betis, and LASK secure wins.

Matthew Wade Warns Australia of Kagiso Rabada Threat in Second Test

Matthew Wade Warns Australia of Kagiso Rabada Threat in Second Test

Rediff.com6 days ago

Australia's assistant coach Matthew Wade has warned his team to expect a more dangerous and aggressive South African attack with pace spearhead Kagiso Rabada poised to return for the second Test in Gqeberha, following his absence from the first match due to a hamstring injury.

What Hardik's Girlfriend Revealed on His 33rd Birthday

What Hardik's Girlfriend Revealed on His 33rd Birthday

Rediff.com12 Oct 2026

Mahieka Sharma penned a heartfelt note for Hardik Pandya's 33rd birthday, detailing his journey from a struggling young cricketer in Baroda to one of India's leading all-rounders, highlighting his early struggles, unexpected turn to bowling, and unwavering work ethic.

FCNR(B) Inflows Squeeze Private Bank Margins in Q2, Recovery Expected

FCNR(B) Inflows Squeeze Private Bank Margins in Q2, Recovery Expected

Rediff.com3 days ago

Leading private banks in India, including HDFC Bank, ICICI Bank, and Axis Bank, experienced a decline in net interest margins (NIMs) during the second quarter of the financial year due to significant deposit mobilisation under the Foreign Currency Non-Resident (Bank), or FCNR (B), scheme. However, banks anticipate a recovery in margins in the coming quarters as these funds are deployed and the interest-rate cycle supports lending yields.

FCNR(B) Inflows Drive Strong Q2 Deposit Growth for Indian Banks

FCNR(B) Inflows Drive Strong Q2 Deposit Growth for Indian Banks

Rediff.com5 Oct 2026

Public and private sector banks in India experienced significant deposit growth in the July-September quarter of FY27, largely propelled by foreign currency non-resident (bank), or FCNR(B), deposits mobilised under the Reserve Bank of India's concessional swap window, which closed on August 31.

ED Nabs Sixth Suspect In Massive Digital Arrest Scam

ED Nabs Sixth Suspect In Massive Digital Arrest Scam

Rediff.com5 days ago

The Enforcement Directorate has made its sixth arrest, Mukesh Kumar Pukhraj Jain, in a pan-India cyber fraud and digital arrest case involving transactions worth Rs 30,000 crore. Jain is accused of acting as an RTGS agent for the criminal network. The probe, initiated by a Goa Police FIR, uncovered a vast money laundering operation across 20 states, with funds converted into foreign currency and linked to numerous shell companies.

Why Akhilesh Yadav Is Challenging BJP Over Banking Practices

Why Akhilesh Yadav Is Challenging BJP Over Banking Practices

Rediff.com6 days ago

Samajwadi Party president Akhilesh Yadav has criticised the BJP government, posing 12 questions regarding the banking sector. He highlighted issues such as recurring bank charges, reduced interest rates, demonetisation's impact, missing locker valuables, and poor working conditions for bank employees, accusing the government of weakening banks and exploiting vulnerable communities.

Saptak Talwar Secures Coveted DP World Tour Card

Saptak Talwar Secures Coveted DP World Tour Card

Rediff.com3 days ago

Saptak Talwar has topped the PGTI Order of Merit, securing a DP World Tour card for next season. His consistent performances, including a victory and eight top-10 finishes, along with lessons from senior pros and Asian Games experience, contributed to this significant career step. Talwar aims to build on his learnings and believes a major international breakthrough is crucial for Indian golf.

Cristiano Ronaldo: I'm The Best Footballer in History, But My Goals Aren't Valued

Cristiano Ronaldo: I'm The Best Footballer in History, But My Goals Aren't Valued

Rediff.com13 Oct 2026

Cristiano Ronaldo says his goalscoring record is not valued enough as the Al Nassr star closes in on 1,000 career goals, with 981 for club and country.

How A Graphic Designer Masterminded A Rs 150 Crore Cyber Fraud

How A Graphic Designer Masterminded A Rs 150 Crore Cyber Fraud

Rediff.com7 days ago

A graphic designer, Pankaj Gupta, was arrested by Mumbai Crime Branch for creating malicious Android Package Kit (APK) files that enabled cyber fraudsters to cheat over 9,600 people of Rs 150 crore. Gupta, who previously escaped a digital arrest scam, developed APKs disguised as government services, selling them to cybercriminal networks in Bihar and Jharkhand.

FCNR(B) Inflows Push Deposit Growth to 15-Year High, Corporate Loan Rates May Soften

FCNR(B) Inflows Push Deposit Growth to 15-Year High, Corporate Loan Rates May Soften

Rediff.com22 Sep 2026

India's deposit growth has reached a 15-year high of 17.8 per cent, primarily driven by a surge in foreign currency non-resident (bank), or FCNR(B), deposits. This influx of funds is expected to lead to a softening of corporate loan rates as banks seek to deploy their excess liquidity.

Dew, a Flat Pitch and a West Indies Blitz: Iyer Explains India's Defeat

Dew, a Flat Pitch and a West Indies Blitz: Iyer Explains India's Defeat

Rediff.com10 Oct 2026

India captain Shreyas Iyer attributed his side's stunning six-wicket defeat against the West Indies in the second T20 International to the dew factor and the almost non-existent margin for error on the pitch, despite India posting a formidable 249 for five.

Pranavi Urs Shares Dream Meeting With Golfing Idol Rory McIlroy

Pranavi Urs Shares Dream Meeting With Golfing Idol Rory McIlroy

Rediff.com5 days ago

Indian golfer Pranavi Urs fulfilled a lifelong dream by spending an hour with her idol, Rory McIlroy, in India. The two discussed their respective triumphs, with Urs sharing how she drew inspiration from McIlroy's Masters win during her own gold medal victory at the recent Asian Games. Urs also spoke about the growth of Indian golf, managing expectations, and her Olympic aspirations.

West Indies can match India, says Sammy after record chase

West Indies can match India, says Sammy after record chase

Rediff.com4 Oct 2026

West Indies head coach Daren Sammy lauded skipper Shai Hope's 'amazing innings' of 162 not out, which led the team to a record chase of 352 against India, denying them a series sweep and providing valuable learnings for the Windies.

Can Banks Recover Deceased Person's Loan From Surviving Spouse?

Can Banks Recover Deceased Person's Loan From Surviving Spouse?

Rediff.com3 days ago

Marriage alone does not make a spouse liable for debt. The extent of liability depends on whether the spouse signed as a co-borrower or guarantor, or inherited assets.

Punjab Cracks Down On Massive GST Evasion Racket

Punjab Cracks Down On Massive GST Evasion Racket

Rediff.com7 days ago

Punjab's Finance, Excise and Taxation Minister Harpal Singh Cheema announced the unearthing of a Rs 429.30 crore GST fraud, leading to an FIR in Ludhiana. The investigation, initiated after intercepting a vehicle on September 30, revealed a syndicate of 62 interconnected firms across multiple states using non-genuine documents to evade taxes.

IDBI Bank: Past tense, future perfect?

IDBI Bank: Past tense, future perfect?

Rediff.com7 days ago

The Indian government has approved the sale of a 60.72 per cent stake in IDBI Bank Ltd to Canadian billionaire Prem Watsa's Fairfax Financial Holdings Ltd for approximately 52,878 crore, a move that reflects improving India-Canada ties and marks a significant turning point for the bank.

Geopolitical risks, supply shocks could keep credit-deposit gap elevated: SBI

Geopolitical risks, supply shocks could keep credit-deposit gap elevated: SBI

Rediff.com21 Jul 2026

A recent SBI Economic Research report indicates that the significant gap between credit and deposit growth, currently over 530 basis points, is likely to persist if geopolitical risks and external supply shocks continue. However, an improvement in deposit growth is anticipated with inflows into foreign currency non-resident (bank) deposits.

Iga Swiatek eyes late-season turnaround as WTA Finals qualification remains uncertain

Iga Swiatek eyes late-season turnaround as WTA Finals qualification remains uncertain

Rediff.com13 Oct 2026

Iga Swiatek sits 10th in the WTA Finals qualifying race and hopes to finish strongly in Wuhan, Ningbo and Tokyo after a challenging season and recent coaching changes.

India's Aviation Sector Soars: Indigenous Aircraft, New Airports On Horizon

India's Aviation Sector Soars: Indigenous Aircraft, New Airports On Horizon

Rediff.com6 Oct 2026

Civil Aviation Minister K Rammohan Naidu announced India's ambition to produce its first indigenous civilian aircraft within two years through a joint venture. He highlighted the rapid growth of the country's aviation sector, with significant aircraft orders, planned new airports, and potential for manufacturing jet engines and Sustainable Aviation Fuel, underscoring India's increasing role in global aviation.

'It Crossed All Limits': Yuzi Chahal Opens Up on Alcohol Addiction

'It Crossed All Limits': Yuzi Chahal Opens Up on Alcohol Addiction

Rediff.com6 days ago

Yuzvendra Chahal opens up about alcohol addiction, his 26-day stay in rehab, divorce and anxiety, revealing how he decided to reclaim his life and cricket.

Rower Satnam Singh: 'This medal is for 1.4 billion people'

Rower Satnam Singh: 'This medal is for 1.4 billion people'

Rediff.com9 Oct 2026

Rower Satnam Singh, who clinched a historic bronze medal in the men's double sculls at the 2026 Asian Games, stated the achievement belonged not just to him but to India's 1.4 billion people, marking the country's first medal in the event since 1951.

Indian Archer Dhiraj Bommadevara Advocates Mixed Day-Night Matches In APL

Indian Archer Dhiraj Bommadevara Advocates Mixed Day-Night Matches In APL

Rediff.com9 Oct 2026

World No. 4 recurve archer Dhiraj Bommadevara has advocated for a mix of daytime and night matches in the Archery Premier League (APL) to better prepare Indian archers for diverse international competition conditions. He highlighted the importance of adapting to varying factors like wind, especially with the APL's shift to Hyderabad, and praised the league for fostering stronger relationships and learning opportunities with international archers.

Amid some bumps, outlook positive for Tata Capital

Amid some bumps, outlook positive for Tata Capital

Rediff.com29 Sep 2026

Tata Capital remains confident in its 23-25 per cent growth guidance, driven by strong momentum in Retail and SME segments, despite facing pressures from rising funding costs and potential impacts from new RBI regulations on revolving credit.

How Delhi Police Saved Rs 1.53 Crore From Digital Arrest Scams

How Delhi Police Saved Rs 1.53 Crore From Digital Arrest Scams

Rediff.com4 days ago

The Delhi Police's Financial Monitoring Cell prevented potential losses of Rs 1.53 crore in "digital arrest" scams across five states. Their Proactive Victim Identification and Protection Team intervened to save multiple victims, including senior citizens, from transferring additional money to fraudsters who impersonated officials and threatened arrest for fabricated crimes.

No dew, slower balls! How Windies stunned India

No dew, slower balls! How Windies stunned India

Rediff.com7 days ago

Pacer Keemo Paul discusses how West Indies bowlers effectively used slow balls on a gripping pitch and the absence of dew to secure a 24-run victory over India in the fourth T20I on Wednesday. He also highlighted captain Shai Hope's crucial century and strong team planning as key factors in their success.

'Immense joy and pride': Father hails Diksha Dagar's Asian Games silver

'Immense joy and pride': Father hails Diksha Dagar's Asian Games silver

Rediff.com5 Oct 2026

Indian golfer Diksha Dagar and her father, Narender Dagar, expressed immense pride and joy after India secured a silver medal in the women's team golf event at the 2026 Asian Games, highlighting years of dedication and hard work.