News for 'Bad Bank'

Wipro Profits Up 10.9%

Wipro Profits Up 10.9%

Rediff.com18 Jul 2025

'We remain cautious in this environment, and the uncertainty continues.'

'India Should Reduce Tariffs For All Countries'

'India Should Reduce Tariffs For All Countries'

Rediff.com11 Aug 2025

'That way you're not hostage just to US sort of exports to India.'

Flash floods devastate Uttarkashi village; 4 killed, houses buried

Flash floods devastate Uttarkashi village; 4 killed, houses buried

Rediff.com5 Aug 2025

A cloudburst in the high altitude villages of Dharali in Uttarkashi district of Uttarakhand led to flash floods, causing damage to houses and sweeping away structures. Several people are feared buried under debris.

'Banking system moving from bad to normal'

'Banking system moving from bad to normal'

Rediff.com14 Jun 2023

'It is nice that the banking system is in good shape.' 'It is a little early to call it too good because I think it was too bad in the past.'

Growth to remain muted for IT services firms in Q1 amid macro uncertainty

Growth to remain muted for IT services firms in Q1 amid macro uncertainty

Rediff.com7 Jul 2025

Indian information technology (IT) service providers are expected to deliver low single-digit sequential growth in the first quarter (April-June) of 2025-26 (FY26), even as macroeconomic uncertainties continue to persist due to the volatile geopolitical environment.

J-K cloudburst: 60 dead, 69 missing, over 100 hurt

J-K cloudburst: 60 dead, 69 missing, over 100 hurt

Rediff.com15 Aug 2025

Jammu and Kashmir Chief Minister Omar Abdullah briefed Prime Minister Narendra Modi on a devastating cloudburst in Kishtwar district that claimed 60 lives and injured over 100. Abdullah expressed condolences and assured assistance, while also questioning potential administrative lapses.

BSE: Stock Exchange That Refused To Die

BSE: Stock Exchange That Refused To Die

Rediff.com25 Jul 2025

The story of the Bombay Stock Exchange and the people who shaped its growth: From wars and bomb blasts to speculators, reformers and wealth creators.

Odisha girl set afire by 3 dies after fortnight-long battle for life

Odisha girl set afire by 3 dies after fortnight-long battle for life

Rediff.com3 Aug 2025

A 15-year-old girl in Odisha, India, has died after allegedly being set on fire by unidentified assailants. The incident has sparked outrage and prompted investigations by local authorities.

'This will only increase panic between people and dogs'

'This will only increase panic between people and dogs'

Rediff.com12 Aug 2025

The Supreme Court's order to remove stray dogs from Delhi-NCR localities has sparked mixed reactions, with RWAs welcoming the move and animal rights activists raising concerns about implementation and potential harm.

Vijay's Political Challenge Begins Now

Vijay's Political Challenge Begins Now

Rediff.com22 Aug 2025

Vijay, with his chief ministerial ambitions, is a one-man army, at least as of now, and his campaign team considers him omnipresent. He has to be present in all districts, if not all constituencies at the same time, as there is no second-line leader or platform speaker in the party, who can draw crowds, points out N Sathiya Moorthy.

Private banks' bottom line remains healthy in Q1, bad loans inch up

Private banks' bottom line remains healthy in Q1, bad loans inch up

Rediff.com7 Aug 2024

Private banks' net profit grew 26.3 per cent year-on-year (Y-o-Y) to Rs 48,982 crore in the first quarter ended June 2024 (Q1FY25) owing to healthy growth in credit and other income. The gross non-performing assets (GNPAs) increased with the end of dispensation granted during the pandemic, according to the data compiled by BS Research Bureau for listed 18 private banks.

Vadodara bridge collapse: Toll rises to 18, search to resume on Friday

Vadodara bridge collapse: Toll rises to 18, search to resume on Friday

Rediff.com11 Jul 2025

The death toll in the collapse of a bridge over the Mahisagar river in Gujarat's Vadodara district has risen to 15. Rescue operations are ongoing to find the missing.

'Cinema's Greatest Challenge Is Reels'

'Cinema's Greatest Challenge Is Reels'

Rediff.com5 Aug 2025

'I don't know how long cinema will survive.'

How Jane Street Made Rs 36,500 Crore

How Jane Street Made Rs 36,500 Crore

Rediff.com7 Jul 2025

SEBI alleges Jane Street placed bets on the stock market falling and then acted in a way to make the market actually fall so it could win its bet.

Why Gen Z Is Investing In US Stocks

Why Gen Z Is Investing In US Stocks

Rediff.com27 Jun 2025

They don't just want better returns -- they're looking for global opportunities, more variety and smarter ways to grow their money, says Soubho Moulik, CEO, Appreciate.

Gross NPAs of banks decline to 12-yr low of 2.6%: RBI report

Gross NPAs of banks decline to 12-yr low of 2.6%: RBI report

Rediff.com30 Dec 2024

The Reserve Bank on Monday said asset quality of banks improved further and their gross non-performing assets (GNPA) or bad loans ratio declined to a 12-year low of 2.6 per cent in September 2024 on the back of falling slippages and steady credit demand. The RBI also flagged concern over a sharp rise in write-offs, especially among private sector banks (PVBs), which could be partly masking worsening asset quality in unsecured lending segment and dilution in underwriting standards.

'I Will Always Be Remembered For Don'

'I Will Always Be Remembered For Don'

Rediff.com21 Jul 2025

'Don was declared a flop because not many people turned up.' 'Luckily, Khaike Paan Banaraswala became a big hit.' 'Word of mouth publicity led to the film becoming a big hit from the second week on.'

Why This Banker Didn't Get Promoted!

Why This Banker Didn't Get Promoted!

Rediff.com2 May 2025

The bank made a Rs 67 crore net profit, up 21% from the previous year. Its deposits grew 8%, the loan book 10%. Net bad loans dropped from 7.53% to 6.07%. So why was the banker, who headed the bank, not promoted?

Banks Caught In A Trap

Banks Caught In A Trap

Rediff.com30 Aug 2024

The cost of deposits is on the rise, but banks can't raise interest rate on close to 60% of their loan books, points out Tamal Bandyopadhyay.

Bad loans in P2P more than doubles to Rs 1,163 cr in FY24

Bad loans in P2P more than doubles to Rs 1,163 cr in FY24

Rediff.com18 Dec 2024

Bad loans in the peer-to-peer (P2P) lending industry more than doubled in financial year 2024 (FY24) to Rs 1,163 crore from Rs 472.1 crore in FY23, said a financial services company on Monday. Non-performing assets (NPAs), as such loans are officially called, were a modest Rs 14.7 crore at the end of FY19 when P2P lending was in its nascent stage, according to Capitalmind Financial Services that accessed data from the Reserve Bank of India (RBI) through a right to information application.

Govt mulls a bank to deal with bad loans

Govt mulls a bank to deal with bad loans

Rediff.com17 Feb 2016

Reserve Bank of India Governor Raghuram Rajan had said recently that there was "no need" to set up a separate bad bank to deal with stressed assets of public sector lenders.

PSU bank stocks surge up to 39% in 2024; what does 2025 hold in store?

PSU bank stocks surge up to 39% in 2024; what does 2025 hold in store?

Rediff.com13 Dec 2024

Stock Market News today, PSU banks: The year 2024 was a roller-coaster ride for Indian stock markets, marked by volatility driven by the Lok Sabha elections, Union Budget 2024, a slowdown in corporate earnings, and sticky inflation. Geopolitical tensions - particularly between Israel and Iran in West Asia - along with various stimulus announcements by China and yen carry trade rocked the equity markets throughout the year.

'Acting Is In My Karma'

'Acting Is In My Karma'

Rediff.com26 Jun 2025

'The industry has never accepted me.' 'When I was shooting Aashiqui, I would hear comments like, "Yeh toh bahut lambi hai. Heroine nahin dikhti hai".' 'Aashiqui became such a big hit, and you know how the industry is.' 'You have success, then you have everything.'

Where You Can Watch Bad Newz

Where You Can Watch Bad Newz

Rediff.com13 Sep 2024

Sukanya Verma gives you some interesting options to choose from.

'Pakistan Generals Are Unhappy With Munir'

'Pakistan Generals Are Unhappy With Munir'

Rediff.com23 Jun 2025

'Pakistan's army has got a streak of democracy. It is more democratic than the country.'

Bhushan Steel Case: Urgent Need For IBC Reforms

Bhushan Steel Case: Urgent Need For IBC Reforms

Rediff.com29 May 2025

The Supreme Court's ruling in the BPSL case exposes deep flaws in the IBC's institutional framework and raises concern about judicial overreach, notes Rajeswari Sengupta.

Big Four rejig IBC verticals with fewer cases getting filed

Big Four rejig IBC verticals with fewer cases getting filed

Rediff.com20 May 2025

A decline in the initiation of the corporate insolvency process last year is spurring most Big Four firms to rethink and rejig their insolvency verticals to focus on business beyond Insolvency and Bankruptcy Code (IBC), industry experts said. Between the June and December quarter of FY25, the number of insolvency applications initiated by financial creditors went down from 150 to 84.

Flash floods claim 5 lives in Himachal, 3 in Jammu; red alert in Kerala

Flash floods claim 5 lives in Himachal, 3 in Jammu; red alert in Kerala

Rediff.com27 Jun 2025

While two bodies were recovered on Wednesday, the death toll climbed to four on Thursday after the recovery of two more bodies from the Indira Priyadarshini Hydroelectric project site in Kangra district.

'Indian Cricket Changed My Life'

'Indian Cricket Changed My Life'

Rediff.com16 Jul 2025

'I have a deep affection for Indian cricket. If someone asked me to come back, I wouldn't say no.'

'I'm Grateful I'm Indian'

'I'm Grateful I'm Indian'

Rediff.com28 May 2025

'Thankfully, as Indians, we have a long history of trans people in our culture, in our religions, in our mythology.' 'It's not a fad which has suddenly come into existence, the way that a lot of Americans treat it.'

Diplomacy, Royalty, Humanity On OTT

Diplomacy, Royalty, Humanity On OTT

Rediff.com9 May 2025

There's room for all kinds on OTT this week, as Sukanya Verma tells us.

She was spared because...: Ramgopal Yadav's claim on Vyomika sparks row

She was spared because...: Ramgopal Yadav's claim on Vyomika sparks row

Rediff.com15 May 2025

The SP MP said when the mentality is bad, then instead of telling about the achievements of the army, people start talking about their own achievements.

'Indian Stocks Unlikely To Give Significant Returns In 12 Months'

'Indian Stocks Unlikely To Give Significant Returns In 12 Months'

Rediff.com30 May 2025

'Right now, silver -- and especially platinum -- are very cheap compared to gold. If I were buying today, I would choose platinum.'

Gandhigiri To Recover Bad Loans

Gandhigiri To Recover Bad Loans

Rediff.com21 Nov 2023

Every defaulter is not a wilful defaulter who has the capability of paying back and is yet not servicing the bank loan, observes Tamal Bandyopadhyay.

IMF imposes 11 new conditions on Pak, warns against tensions with India

IMF imposes 11 new conditions on Pak, warns against tensions with India

Rediff.com18 May 2025

The International Monetary Fund (IMF) has slapped 11 new conditions on Pakistan for the release of the next tranche of its bailout programme and warned that tensions with India could heighten risks to the scheme's fiscal, external, and reform goals, according to a media report on Sunday.

Automobile retail sales up 2.95% in April: FADA

Automobile retail sales up 2.95% in April: FADA

Rediff.com5 May 2025

Overall automobile retail sales in India grew a modest 2.95 per cent in April this year to 22,87,952 units with completion of purchases by customers around Chaitra Navratri, Akshay Tritiya, Bengali New Year, Baisakhi and Vishu helping April end on a positive note, Federation of Automotive Dealers Associations said on Monday.

Shaktikanta Das appointed principal secretary to PM

Shaktikanta Das appointed principal secretary to PM

Rediff.com22 Feb 2025

P K Mishra, a retired IAS officer of the Gujarat cadre, is currently serving as the principal secretary to the prime minister.

The Costly Flops of IPL 2025

The Costly Flops of IPL 2025

Rediff.com16 May 2025

Here's a look at the biggest disappointments of IPL 2025 -- the players who've cost crores but delivered crumbs.

'Indian Markets Could Outperform'

'Indian Markets Could Outperform'

Rediff.com5 Apr 2025

'If the US stagnates and falls into a recession, the dollar will weaken, oil prices will also dip. This augurs well for India.'

Congress must be party of hope, not resentment: Tharoor

Congress must be party of hope, not resentment: Tharoor

Rediff.com9 Apr 2025

Senior Congress leader Shashi Tharoor on Wednesday urged the party to be a party of hope, not resentment, a party of the future not just of the past, and a party with a positive narrative and not just criticism. He also slammed the BJP for trying to divide North from South, emphasizing the need for inclusivity and national harmony. Tharoor highlighted the importance of economic growth and equitable distribution of its benefits, calling for the Congress to remain the voice of the voiceless.