News for 'CASA'

It's McLaren one-two as Piastri wins Spanish GP

It's McLaren one-two as Piastri wins Spanish GP

Rediff.com1 Jun 2025

Verstappen collided with Leclerc and twice with Mercedes' George Russell after the safety car restart.

Tough Time Ahead for Banking Sector?

Tough Time Ahead for Banking Sector?

Rediff.com5 Mar 2025

Net NPAs increased to Rs 36,260 crore in the December quarter from Rs 34,843 crore in September and Rs 33,116 crore in December 2023, observes Tamal Bandyopadhyay.

Pope Francis passes away hours after delivering Easter message

Pope Francis passes away hours after delivering Easter message

Rediff.com21 Apr 2025

Pope Francis has died, the Vatican said on Monday. The Pope passed away on Easter Monday, April 21, 2025, at the age of 88 at his residence in the Vatican's Casa Santa Marta, according to a statement from the Vatican.

F1 Reveals 2026 Calendar: Madrid GP To Replace...

F1 Reveals 2026 Calendar: Madrid GP To Replace...

Rediff.com10 Jun 2025

Formula One will have two races in Spain next season with Madrid's new street circuit making its debut in September and Italy's Imola dropping off the 24-round calendar, F1 and the governing FIA announced on Tuesday.

Axis Bank Q1 net profit down 4% on rise in slippages, provisions

Axis Bank Q1 net profit down 4% on rise in slippages, provisions

Rediff.com18 Jul 2025

In Q1FY26, the bank reported fresh slippages of 8,200 crore, up 71 per cent Y-o-Y and sequentially. Of this, 7,500 crore is from the retail segment.

F1: Piastri on pole as McLaren lock out front row in Spain

F1: Piastri on pole as McLaren lock out front row in Spain

Rediff.com31 May 2025

F1 leader Oscar Piastri seized pole position from teammate and title rival Lando Norris by a hefty margin as dominant McLaren locked out the front row in Spanish Grand Prix.

Q4 result preview: Banks' net profit likely fell 4% on NIM pressure

Q4 result preview: Banks' net profit likely fell 4% on NIM pressure

Rediff.com15 Apr 2025

Net profit of 19 listed banks is likely to decline by 4 per cent year-on-year (Y-o-Y) for the quarter ended March (Q4FY25) mainly due to pressure on net interest margins (NIM) as a result of rate cut by the Reserve Bank of India (RBI), according to analysts' estimates. Additionally, loan growth is expected to further slowdown amid low demand in certain secured products, stress in the unsecured segment, and a high cost to deposit (CD) ratio across the system.

Injured Alcaraz pulls out of Madrid Open

Injured Alcaraz pulls out of Madrid Open

Rediff.com24 Apr 2025

Carlos Alcaraz withdrew from the Madrid Open on Thursday after the second seed said he was struggling with hamstring and groin injuries.

Shah Rukh To Move Out Of Mannat!

Shah Rukh To Move Out Of Mannat!

Rediff.com27 Feb 2025

Shah Rukh Khan is all set to move out of his famous residence, Mannat, in Mumbai and shift into a rented accommodation.

How Will Nuns' Arrest Affect Kerala Politics?

How Will Nuns' Arrest Affect Kerala Politics?

Rediff.com6 Aug 2025

The current situation in Kerala politics is perhaps best described as a case of the state's traditional two front politics now seeing a third front (the BJP) muscling in with the potential outcome being either a messy three front affair or a renewed endorsement of the two front pattern but with one of the old fronts compromised or quashed, observes Shyam G Menon.

'Ambition to double the business within three years'

'Ambition to double the business within three years'

Rediff.com24 Feb 2025

'The way the bank is doing in the past 4-5 quarters, no reason to see why we will not be able to achieve that.'

Alcaraz beats Fils, meets Rune in 3rd Barcelona Open final

Alcaraz beats Fils, meets Rune in 3rd Barcelona Open final

Rediff.com20 Apr 2025

World number two Carlos Alcaraz beat seventh seed Arthur Fils 6-2, 6-4 on Saturday to advance into his third Barcelona Open final, where the Spaniard will face Denmark's Holger Rune for the title.

Indian football team held by Casa Pia

Indian football team held by Casa Pia

Rediff.com12 Aug 2010

India's winless run on its Portugal tour continued as they played out a goalless draw with Casa Pia AC in their fifth practice match at Casa Pia ground in Lisbon.

Death of Pope Francis: India declares 3-day State mourning

Death of Pope Francis: India declares 3-day State mourning

Rediff.com22 Apr 2025

The mourning will be observed across the country on April 22 and 23, and again on the day of the Pope's funeral.

Pope Francis remains critical, receives blood transfusion: Vatican

Pope Francis remains critical, receives blood transfusion: Vatican

Rediff.com23 Feb 2025

While the Pope "continues to be alert and spent the day in an armchair" he is "in more pain than yesterday," it added.

Bank of Baroda to UCO Bank: Loan growth of banks picks up pace in Q3

Bank of Baroda to UCO Bank: Loan growth of banks picks up pace in Q3

Rediff.com5 Jan 2025

Bank of Baroda, a state-owned bank, in its quarterly update on Friday said its domestic deposits grew 9.23 per cent year-on-year (Y-o-Y) in October-December (Q3FY25) at Rs 11.65 trillion, while advances increased 11.76 per cent Y-o-Y at Rs 9.63 trillion, outpacing deposit growth during the period. Domestic retail advances grew at a robust 19.5 per cent Y-o-Y to Rs 2.43 trillion.

'Yes Bank has solved the asset quality problem'

'Yes Bank has solved the asset quality problem'

Rediff.com17 May 2025

'Now we have one of the best asset qualities in the industry.'

Inside Arshad Warsi-Maria Goretti's Beautiful Goa Home

Inside Arshad Warsi-Maria Goretti's Beautiful Goa Home

Rediff.com21 Jan 2025

Maria Goretti and Arshad Warsi have beautifully restored a 150-year-old Portuguese home in the sleepy village of Saligao, Goa, and its unique interiors truly transport you to another world.

Barcelona's 7-goal blitz leaves Valladolid in ruins

Barcelona's 7-goal blitz leaves Valladolid in ruins

Rediff.com31 Aug 2024

Barcelona will go to the international break on top of the standings on a perfect 12 points from four games, five ahead second-placed Villarreal and seven clear of bitter rivals Real Madrid

Happy-go-lucky Heymal

Happy-go-lucky Heymal

Rediff.com20 Sep 2024

What's absolutely loveable is the Navra Maza Navsacha 2 actor's knack for choosing the perfect look for any outing.

Deposits grew slower than loans

Deposits grew slower than loans

Rediff.com9 Jul 2024

Most lenders that have reported their April-June business update posted slower growth in deposits sequentially as compared to the loan growth in the April-June quarter of 2024-25 (FY25). Current and savings account (CASA) deposits continue to face pressure. Private-sector lenders YES Bank, Bandhan Bank, and RBL Bank saw their deposit growth contract by 0.5 per cent, 1.5 per cent, and 2 per cent, respectively.

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.

L&T Q4 net profit jumps 25% to Rs 5,497 crore, beats Street estimates

L&T Q4 net profit jumps 25% to Rs 5,497 crore, beats Street estimates

Rediff.com10 May 2025

Engineering and construction major Larsen & Toubro (L&T) reported a 25 per cent rise in net profit attributable to the owners of the company for the January-March quarter of 2024-25, owing to higher revenues and an exceptional gain. For the quarter under review, L&T posted a consolidated net profit of Rs 5,497.3 crore, while revenue rose 10.9 per cent year-on-year (Y-o-Y) to Rs 74,392.28 crore.

'PSB is exploring digital lending solutions'

'PSB is exploring digital lending solutions'

Rediff.com5 Feb 2025

'We plan to launch new initiatives, including cash flow-based lending, to ensure borrowers are not burdened and can access funds more quickly.'

Can Setty Take SBI To New Heights?

Can Setty Take SBI To New Heights?

Rediff.com4 Sep 2024

It is to be seen if SBI under Setty, who will have a three-year term, can ride the economic cycle to take SBI to new heights, navigating some of these challenges.

China's World Cup dream collapses, Iran qualifies

China's World Cup dream collapses, Iran qualifies

Rediff.com26 Mar 2025

Coach Branko Ivankovic insisted China's World Cup qualifying campaign was still alive despite back-to-back losses to Saudi Arabia and Australia over the last five days leaving them bottom of Asian qualifying Group C.

'No need to panic on draft infra guidelines'

'No need to panic on draft infra guidelines'

Rediff.com24 May 2024

'It's a debatable topic, and we will submit our comments to the RBI by June 15.'

How Bank of India Plans To Counter Deposit Woes

How Bank of India Plans To Counter Deposit Woes

Rediff.com28 Nov 2024

A grooming branch network for servicing HNIs is a stepping stone for a full-fledged wealth management business.

Sebi proposes mandatory UPI block secondary market for larger brokers

Sebi proposes mandatory UPI block secondary market for larger brokers

Rediff.com29 Aug 2024

The Securities and Exchange Board of India (Sebi) plans to mandate the UPI block mechanism, also known as the ASBA-like facility, in the secondary market for Qualified Stock Brokers (QSBs). QSBs are brokers with larger client sizes and thus more significance in the market ecosystem.

Doctors Can Now Check Patients Remotely

Doctors Can Now Check Patients Remotely

Rediff.com28 Feb 2024

An ambulance with a headset that helps doctors monitor and help patients from a distance is showcased at the Mobile World Congress in Barcelona, February 27, 2024.

New Challenges Facing Banks

New Challenges Facing Banks

Rediff.com28 Feb 2024

As the fight for deposits intensifies, the cost of money will rise and the margin will be under further pressure, points out Tamal Bandyopadhyay.

'NPA recoveries has helped to reduce credit cost'

'NPA recoveries has helped to reduce credit cost'

Rediff.com11 Feb 2024

'For the first time ever it has come below 1 per cent, at 0.97 per cent.'

Modi, Sanchez unveil facility to manufacture military aircraft

Modi, Sanchez unveil facility to manufacture military aircraft

Rediff.com28 Oct 2024

Prime Minister Narendra Modi and his Spanish counterpart Pedro Sanchez on Monday inaugurated the Tata Advanced System Limited (TASL)-Airbus facility in Vadodara to manufacture C-295 military aircraft in India.

Rerating potential in Axis Bank stock, may be among top outperformers

Rerating potential in Axis Bank stock, may be among top outperformers

Rediff.com20 Jul 2024

The April-June quarter (Q1) of the current financial year (FY25) may be soft for banks with loan growth moderation, net interest margin (NIM) pressures, and higher staff and credit costs inching up, according to analysts. Credit growth could ease due to the lagged impact of the Reserve Bank of India (RBI) tightening and deposit growth has weakened, and the current account and savings account (CASA) ratio has declined 10-370 basis points (bps) quarter-on-quarter (Q-o-Q) for many banks.

Mexico City: Viva La Vida!

Mexico City: Viva La Vida!

Rediff.com1 Feb 2024

Embracing the past and the present, Mexico City pulsates with warmth and vibrancy, discovers Payal Singh Mohanka.

'No Hurry To Convert To Universal Bank'

'No Hurry To Convert To Universal Bank'

Rediff.com11 Jun 2024

'Have a long way to go even as a small finance bank, both in terms of size, and in terms of fulfilling our aspirations for financial inclusion.'

'Rates to remain elevated for bulk deposits'

'Rates to remain elevated for bulk deposits'

Rediff.com21 Aug 2024

'In the case of corporate credit, especially to AAA borrowers, lenders will have to take a fresh look at pricing.'

HDFC Bank's share price down, should you worry?

HDFC Bank's share price down, should you worry?

Rediff.com22 Aug 2024

Analysts are of the view that long-term investors could continue to hold the stock, irrespective of the MSCI development.

Banks post robust credit growth in Q1; deposit mobilisation improves

Banks post robust credit growth in Q1; deposit mobilisation improves

Rediff.com4 Jul 2023

Reflecting strong momentum in business, commercial banks, including one public sector lender, reported a year-on-year (YoY) growth in advances. This was higher than or around the banking sector trend in the first quarter ended June 2023. Bank of Maharashtra said its loans expanded by 25 per cent YoY to Rs 1.75 trillion. This pace was much higher than the banking system's 15.4 per cent growth till June 16, 2023, according to Reserve Bank of India (RBI) data.

Ex-Brazil player Alves faces 15-year jail term in sexual assault case!

Ex-Brazil player Alves faces 15-year jail term in sexual assault case!

Rediff.com20 Dec 2023

Dani Alves faces charges of sexual assault of a woman in a Barcelona nightclub last December.