News for 'Bank In Trouble'

'Indrani was very angry'

'Indrani was very angry'

Rediff.com30 Nov 2022

'At any point did you find out why Sheena had not disclosed her true relationship with Indrani?' Rahul: 'Sheena had told me as her grandparents were dependent on Indrani financially (and if she told the truth) her grandparents would suffer.' 'She had slapped Sheena the night before which she was very not happy about.'

Green shoots are mechanical rebound, don't read much into it: Subbarao

Green shoots are mechanical rebound, don't read much into it: Subbarao

Rediff.com24 Aug 2020

Subbarao said, short-term as well as medium-term prospects or Indian economy continue to be grim. Fiscal deficit is going to be much higher, the debt burden much larger and the financial sector will be in a worse shape.

Uday Kotak warns of more liquidity squeeze

Uday Kotak warns of more liquidity squeeze

Rediff.com1 May 2019

Rather than focusing on profits, market should look at the inherent strength of the balance sheet whether it can withstand difficulties, he said.

'If the government doesn't help, our dreams will collapse'

'If the government doesn't help, our dreams will collapse'

Rediff.com7 Oct 2022

'Our future is in limbo. The government saved us with Operation Ganga; now, they must save our careers.'

Digvijaya Singh acknowledges RSS, Amit Shah's help on Narmada yatra

Digvijaya Singh acknowledges RSS, Amit Shah's help on Narmada yatra

Rediff.com30 Sep 2021

On other days Digvijaya Singh is among staunchest critics of the Rashtriya Swayamsevak Sangh and Union Home Minister Amit Shah, but on Thursday he revealed how Shah as well as RSS workers had helped him during his `Narmada Parikrama' four years ago.

China's tech crackdown may be good news for Indian start-ups

China's tech crackdown may be good news for Indian start-ups

Rediff.com2 Sep 2021

The Chinese government is imposing severe restrictions on their tech companies - whether it is on data security, marketing practices or floating an IPO. Should this be music to the ears of Indian start-ups and home-grown private equity (PE) funds? Ask Indian start-ups and the answer is a resounding "yes".

ED books Rana Kapoor in fresh money laundering case

ED books Rana Kapoor in fresh money laundering case

Rediff.com17 Mar 2020

Kapoor is already facing an ED criminal case for receiving alleged kickbacks, through companies purportedly controlled by his family, for going slow on bad loans extended by his bank to some big corporate.

Want to invest in Corporate FDs? Read this

Want to invest in Corporate FDs? Read this

Rediff.com5 Nov 2020

When looking for alternatives, consider several parameters -- your investment horizon and liquidity requirement, post-tax returns, and risk.

EPL PIX: Liverpool end City's unbeaten run; United held

EPL PIX: Liverpool end City's unbeaten run; United held

Rediff.com16 Oct 2022

IMAGES from the English Premier League matches played on Sunday.

Alibaba's Jack Ma resurfaces after months: Chinese media

Alibaba's Jack Ma resurfaces after months: Chinese media

Rediff.com20 Jan 2021

Chinese billionaire Jack Ma, suspected to be missing following Beijing's aggressive crackdown on Alibaba Group, resurfaced on Wednesday.

The financial world is a dangerous place

The financial world is a dangerous place

Rediff.com1 Apr 2020

Banks can collapse, markets can be rigged, investment instruments can become worthless overnight, auditors can fail to blow the whistle, board directors can be asleep, and regulators can be incompetent, notes T N Ninan.

Rana Kapoor's properties may soon be attached by ED

Rana Kapoor's properties may soon be attached by ED

Rediff.com14 Mar 2020

The properties overseas include two luxury hotels - one in New York and one in London - two residential apartments in London valued at 15 million each, and a yacht stationed in the UK. In India, Kapoor's six bungalows in Delhi's upscale localities, including Jor Bagh, Hauz Khas, and Kautilya Marg, were also identified.

Services sector shrinks for third straight month in July: PMI

Services sector shrinks for third straight month in July: PMI

Rediff.com4 Aug 2021

India's services sector remained in contraction territory for the third straight month in July, as business activity, new orders and employment declined further largely due to the COVID-19 pandemic and local restrictions, a monthly survey said on Wednesday. The seasonally adjusted India Services Business Activity Index rose from 41.2 in June to 45.4 in July, but was stuck in the red due to subdued demand conditions amid the COVID-19 crisis. In Purchasing Managers' Index (PMI) parlance, a print above 50 means expansion, while a score below 50 denotes contraction.

Despite NBFC crisis, NPAs fall to 9.3% in FY19: RBI

Despite NBFC crisis, NPAs fall to 9.3% in FY19: RBI

Rediff.com27 Jun 2019

The report said resilience of the banks has increased with a sharp improvement in the provision coverage ratio to 60.6 per cent in March 2019 from 52.4 per cent in September 2018 and 48.3 per cent in March 2018.

Soccer PIX: Leicester punish Brentford; PSG held

Soccer PIX: Leicester punish Brentford; PSG held

Rediff.com25 Oct 2021

Alaba strike on Clasico debut gives Real Madrid 2-1 win at Barcelona.

Troubles for listed MNCs to increase in India

Troubles for listed MNCs to increase in India

Rediff.com25 Mar 2014

Compared to their Indian peers, MNCs have higher return ratios.

More relief for Yes users: Inward RTGS services enabled

More relief for Yes users: Inward RTGS services enabled

Rediff.com11 Mar 2020

Yes Bank users can now make over Rs 2 lakh payments towards loans, credit cards via other bank accounts.

Lenders to rejig debt of 2 more Anil Ambani firms

Lenders to rejig debt of 2 more Anil Ambani firms

Rediff.com22 Jul 2019

The two troubled subsidiaries of Reliance Capital have over Rs 20,000 crore debt of both the companies. Reliance Home Finance has a debt of Rs 11,500 crore and Reliance Commercial Finance owes Rs 9,000 crore to lenders.

'China can lift a village overnight'

'China can lift a village overnight'

Rediff.com19 Nov 2021

'India and China are already in a warlike situation.'

Rana Kapoor in judicial custody till April 2, lawyers fear coronavirus

Rana Kapoor in judicial custody till April 2, lawyers fear coronavirus

Rediff.com21 Mar 2020

Advocate Abbad Ponda, his lawyer, said a person with low immunity is easily susceptible to catching coronavirus.

RBI's new stressed asset resolution is 'practical'

RBI's new stressed asset resolution is 'practical'

Rediff.com17 Jun 2019

'If there is a technical issue and the borrowers can resolve it within 30 days, you don't have to go through the bankruptcy court.' 'If the borrower is expecting a large disbursal of a facility or expecting a payment or receivables, in such cases it becomes practical to give a window for taking care of such circumstances. 'If banks had aggregated the assets and benefited with a long relationship with borrowers and now when assets get into a trouble, it is incumbent on banks to find resolution and take responsibility.'

'Large-caps, especially with a value bias, are preferable at this stage'

'Large-caps, especially with a value bias, are preferable at this stage'

Rediff.com7 Jan 2022

'If the third wave of Covid infections is as bad as the second one, the market may get very polarised with a preference for blue-chips with low volatility.'

Rana Kapoor: The banker who said 'YES' to a chosen few

Rana Kapoor: The banker who said 'YES' to a chosen few

Rediff.com19 Mar 2020

The bank was worth over Rs 80,000 crore as recently as September 2017. The lender had grown at breakneck speed, helped perhaps by Rana Kapoor's reputation as a banker, willing to aggressively write checks.

'Modi has wasted his time with religious things'

'Modi has wasted his time with religious things'

Rediff.com16 Jan 2020

'Outside investors don't want to get tangled up in a religious war.'

BJP govt in UP needed to keep state riot-free: Modi

BJP govt in UP needed to keep state riot-free: Modi

Rediff.com10 Feb 2022

Attacking the Samajwadi Party, Prime Minister Narendra Modi on Thursday said it supported rioters and the mafia, and fielded criminals in western Uttar Pradesh for the assembly elections.

Why Hasina government drove out Hindu chief justice

Why Hasina government drove out Hindu chief justice

Rediff.com29 Nov 2021

In 2017 the Bangladesh supreme court on his watch annulled the 16th amendment to the constitution which empowered parliament to impeach SC judges for misconduct or incapacity. As it upheld the independence of the judiciary, it miffed Prime Minister Sheikh Hasina, who accused Justice Sinha of 'humiliating' the country. He was accused of corruption and misuse of power, allegations that he denied. Prakash Bhandari reports.

Be Financially Prepared For Third Wave

Be Financially Prepared For Third Wave

Rediff.com16 Dec 2021

While the likely intensity of the third wave is still a matter of debate, wisdom lies in being financially prepared for it, advises Bindisha Sarang.

'Will Kejriwal allow Mann to run Punjab?'

'Will Kejriwal allow Mann to run Punjab?'

Rediff.com10 Mar 2022

'Had the Congress made Sidhu its CM face, they would have won 80 out of 117 seats.'

'RBI was the worst central bank in the world in 2011'

'RBI was the worst central bank in the world in 2011'

Rediff.com29 Mar 2013

Surjit Bhalla believes that RBI is the only central bank in the world that formed its monetary policy on the basis of the current account deficit. He also feels that the Chidambaram proposed women's bank in Budget to impress Sonia Gandhi.

Moradabad crisis: SP, BJP playing vote bank politics?

Moradabad crisis: SP, BJP playing vote bank politics?

Rediff.com5 Jul 2014

The ruling Samajwadi Party and the Bharatiya Janata Party in Uttar Pradesh seem to be making the most of the prevailing crisis in Moradabad to serve their political ends.

Modi meets Ambani, Tata, other biz leaders to discuss economy ahead of Budget

Modi meets Ambani, Tata, other biz leaders to discuss economy ahead of Budget

Rediff.com6 Jan 2020

Further stimulus measures are expected in the upcoming Budget where the focus is likely to be on reforms, including some structural measures such as reducing red tape and boosting foreign direct investment. The meeting with industrialists is in the series of discussions that Modi has had during the last couple of weeks to seek suggestions to revive growth.

Raghuram Rajan differs with FM, says NPAs will see unprecedented rise

Raghuram Rajan differs with FM, says NPAs will see unprecedented rise

Rediff.com15 Jul 2020

Rajan said that while there were talks about Jan Dhan, it was difficult to target transfers to people through this tool. Jan Dhan, he said, does not really work as advertised.

How Non-BJP States Are Paying Back Modi-Shah

How Non-BJP States Are Paying Back Modi-Shah

Rediff.com13 May 2022

Non-BJP chief ministers are retaliating. If the Centre can use its agencies to threaten, intimidate and jail its rivals, so can they. The fightback will get more intense, observes Shekhar Gupta.

Modi Must Fix His Problems With The States

Modi Must Fix His Problems With The States

Rediff.com5 Oct 2021

Given the many policy areas where the Centre and the states have not been seeing eye to eye in the last few years, it is time the Modi government convenes a meeting of the Inter-State Council, recommends A K Bhattacharya.

How To Invest in 2022: Market Gurus' Gyaan

How To Invest in 2022: Market Gurus' Gyaan

Rediff.com31 Dec 2021

'There is no need to do anything, let your SIPs get deducted every month, and stick to your allocation between equity, fixed income and emergency funds and your risk covers.'

'We are being told a server crash stalled the ATMs'

'We are being told a server crash stalled the ATMs'

Rediff.com7 Mar 2020

Across Yes Bank branches, the busiest people were the relationship managers, trying to soothe nerves. Many were seen advising clients the situation was only temporary and that their money was safe.

PNB ready to disburse Rs 16,000 crore in loans

PNB ready to disburse Rs 16,000 crore in loans

Rediff.com6 Jul 2020

'We have already sanctioned loans worth over Rs 3,000 crore to around 120,000 customers.'

How Indian IT giants are playing catch-up in consultancy

How Indian IT giants are playing catch-up in consultancy

Rediff.com18 Jan 2022

The analyst community tracking the Indian IT services industry took special note of Accenture's first quarter (Q1) performance, which showcased the rapid growth of its consulting business that outperformed its outsourcing business. Bookings indicate that the trend will continue. Consulting bookings increased 41.6 per cent year-on-year (yoy) to $9.4 billion, higher than the 17.6 per cent growth in outsourcing to $7.4 billion. The management commentary was also more bullish on the consulting business.

What are Sex-Workers Doing With Cryptos?

What are Sex-Workers Doing With Cryptos?

Rediff.com9 Sep 2021

The OF saga has led to sex-workers looking at cryptocurrency as an alternative, notes Devangshu Datta.