News for 'Credit Association'

PR Sreejesh chosen for Padma Bhushan; Ashwin to get Padma Shri

PR Sreejesh chosen for Padma Bhushan; Ashwin to get Padma Shri

Rediff.com25 Jan 2025

Former hockey captain P R Sreejesh was chosen for the Padma Bhushan, while Ravichandran Ashwin was among the Padma Shri winners.

Budget 2025: What farmers want from Sitharaman

Budget 2025: What farmers want from Sitharaman

Rediff.com7 Dec 2024

Farmer representatives and agricultural stakeholders urged the government to provide cheaper long-term credit, implement lower taxes, and double the PM-KISAN income support during a comprehensive pre-budget consultation with Finance Minister Nirmala Sitharaman on Saturday. The two-hour meeting saw a detailed discussion of proposals, aimed at addressing multiple challenges in the agricultural sector, with key demands focusing on financial relief, market reforms, and strategic investments.

Auto retail sales rise 9% in 2024 despite multiple headwinds: FADA

Auto retail sales rise 9% in 2024 despite multiple headwinds: FADA

Rediff.com7 Jan 2025

Automobile retail sales grew 9 per cent year on year in 2024 riding on the back of robust demand for two-wheelers and passenger vehicles amid challenging business environment, dealers' body FADA said on Tuesday. Overall vehicle registrations stood at 2,61,07,679 units last year as compared to 2,39,28,293 units in the 2023 calendar year, recording a growth of 9 per cent.

Acted swiftly to control situation after Kumbh stampede: Adityanath

Acted swiftly to control situation after Kumbh stampede: Adityanath

Rediff.com3 Mar 2025

Uttar Pradesh Chief Minister Yogi Adityanath highlighted the successful execution of the Maha Kumbh 2025, emphasizing effective crisis management, economic benefits, and the event's role in national unity and infrastructure development. He cited the swift response to a stampede on January 29 and the extensive preparations that ensured a smooth experience for millions of pilgrims.

Rekha Gupta takes charge of Delhi after grand swearing-in

Rekha Gupta takes charge of Delhi after grand swearing-in

Rediff.com20 Feb 2025

Debutant legislator Rekha Gupta was sworn in as Delhi chief minister along with six ministers on Thursday in a grand show of strength full of colour and spectacle to mark the Bharatiya Janata Party's return to power in the city after more than 26 years.

Satish-Aadya: Climbing rankings while embracing trials

Satish-Aadya: Climbing rankings while embracing trials

Rediff.com8 Feb 2025

Just 18 months after pairing up, the young mixed doubles pair of Sathish Kumar Karunakaran and Aadya Variyath rise to World No 33.

ED raids in Maharashtra, Guj in cash-for-votes case

ED raids in Maharashtra, Guj in cash-for-votes case

Rediff.com14 Nov 2024

The Enforcement Directorate (ED) conducted raids at multiple locations in Maharashtra and Gujarat as part of a money laundering investigation targeting a Malegaon-based trader suspected of misusing bank accounts to carry out transactions exceeding Rs 100 crore. The probe is linked to an FIR filed by Malegaon Police against Siraj Ahmed Harun Meman, who operates a tea and cold drinks agency, for allegedly misusing bank accounts for illegal transactions. The ED suspects the trader may have been using the funds to divert and route money for certain individuals by misusing the banking credentials of ordinary citizens. The possibility of electoral malpractice being involved is also under scrutiny.

Uttarakhand becomes first state to implement UCC, tribals kept out

Uttarakhand becomes first state to implement UCC, tribals kept out

Rediff.com28 Jan 2025

Uttarakhand has become the first state in India to implement the Uniform Civil Code (UCC), fulfilling a key promise made by the ruling BJP ahead of the 2022 Assembly elections. Chief Minister Pushkar Singh Dhami unveiled the UCC notification and launched a portal for mandatory online registration of marriages, divorces, and live-in relationships. The UCC aims to create equal laws for all citizens regardless of their religion, marking a historic moment in the state's legal landscape.

'Rekha And I Didn't Speak To Each Other For 20 Years'

'Rekha And I Didn't Speak To Each Other For 20 Years'

Rediff.com10 Oct 2024

'Rekha and my wife were close friends, and my so-called cold war with Rekha was causing difficulties in my wife's friendship with her.' 'She patched us up for her own selfish reason.'

Delhiwaale ho, dum dikhao: Kohli's advice to youngsters

Delhiwaale ho, dum dikhao: Kohli's advice to youngsters

Rediff.com28 Jan 2025

Virat Kohli began training with the Delhi team on Tuesday ahead of his eagerly-awaited Ranji Trophy comeback after a 12-year gap.

Khel Ratna is just the beginning: Harmanpreet

Khel Ratna is just the beginning: Harmanpreet

Rediff.com3 Jan 2025

Indian men's hockey team captain Harmanpreet Singh said the honour is a recognition of his "fascinating" journey in which he still has plenty more to achieve.

Meet India's rising tennis star

Meet India's rising tennis star

Rediff.com8 Oct 2024

Eqbal and Faisal's recent success saw him conquer Fardeen Mohammed and Abhinansu Borthakur 6-0, 6-2 in the men's doubles final to win the title.

Nestle, IndusInd, Bandhan, Asian Paints from BSE 500 index hit 52-week lows

Nestle, IndusInd, Bandhan, Asian Paints from BSE 500 index hit 52-week lows

Rediff.com20 Dec 2024

Share prices of Nestle India, Asian Paints, Bandhan Bank, Tata Technologies, AU Small Finance Bank and Avenue Supermarts, all a part of the BSE 500 index, have hit their respective 52-week lows on the BSE in Thursday's intra-day trade after a sharp correction in the equity markets.

Why RBI Flagged Small Loans As Risky

Why RBI Flagged Small Loans As Risky

Rediff.com6 Aug 2024

In FY24, loans given out by such firms had topped a whopping Rs 146,517 crore, up by 49 per cent year-on-year and spread over 10.19 million accounts (up 35 per cent).

'Trump Has Very Positive View Of Modi'

'Trump Has Very Positive View Of Modi'

Rediff.com17 Feb 2025

'By his words, actions, and body language during their joint press appearance wanted to convey his personal respect and, more broadly, his desire to work closely with India.'

SEE: Just-retired Ashwin returns home with 'zero regrets'

SEE: Just-retired Ashwin returns home with 'zero regrets'

Rediff.com19 Dec 2024

Ravichandran Ashwin returned home on Thursday after his shock international retirement in the middle of a Test series in Australia

'Trump Doesn't Want To Wait For Benefits Of A Long-Term Partnership'

'Trump Doesn't Want To Wait For Benefits Of A Long-Term Partnership'

Rediff.com15 Feb 2025

'He needs to see results while he is in office.'

UGC Draft Regulations And AMU

UGC Draft Regulations And AMU

Rediff.com15 Jan 2025

Will the Draft UGC Regulations 2025 undermine our universities? Unlikely, notes Professor Mohammad Sajjad, citing how AMU has utilised its exceptional autonomy.

Can Ranji Match IPL's Star Power?

Can Ranji Match IPL's Star Power?

Rediff.com1 Feb 2025

'The IPL provides a different ladder in terms of recognition.' 'If you do well, you will obviously get noticed and it enhances your selection into white-ball formats.'

<I>Forbes</I> honours Bengal's micro credit firm

Forbes honours Bengal's micro credit firm

Rediff.com24 Jan 2008

Forbes magazine has honoured Bandhan of being the world's largest micro finance institute.

Upton's mental masterclass: The secret behind Gukesh's triumph

Upton's mental masterclass: The secret behind Gukesh's triumph

Rediff.com16 Dec 2024

D Gukesh credited mental conditioning coach Paddy Upton for helping him tame the 'emotional pressure' of competing at the World Chess Championship.

BJP shouldn't give Oscar win credit to Modi: Kharge

BJP shouldn't give Oscar win credit to Modi: Kharge

Rediff.com14 Mar 2023

Actor and Samajwadi Party MP Jaya Bachchan said she was happy that the House was discussing the most important ambassadors of the country, the film fraternity.

How Reddy's 'Salaar' Style Celebration Stole the Show at MCG

How Reddy's 'Salaar' Style Celebration Stole the Show at MCG

Rediff.com28 Dec 2024

The maiden Test ton celebration in Salaar style was a tribute to his father Mutyala, who watched his son rescue India from the stand behind team's dug-out.

How to make the most of RBI's new customer-friendly credit card rules

How to make the most of RBI's new customer-friendly credit card rules

Rediff.com9 May 2022

The Reserve Bank of India (RBI) announced new rules for credit cards, applicable from July 1. "These directions cover the general and conduct regulations relating to credit, debit and co-branded cards which shall be read along with prudential, payment and technology & cyber security related directions applicable to credit, debit and co-branded cards, as issued by the Reserve Bank," the circular by RBI said. Business Standard culled out key rules from the list, and asked financial experts for advice on them, along with the thumb rules one needs to follow while using credit cards.

'Are ULIP Returns Taxable?'

'Are ULIP Returns Taxable?'

Rediff.com25 Nov 2024

Ask rediffGURU and tax expert Mihir Tanna your income tax-related questions.

Citi credit card business losing steam in India

Citi credit card business losing steam in India

Rediff.com1 Apr 2022

At a time when banks are engaged in a fierce battle to gain market share in the credit card segment, Citibank India has been losing its share, both in terms of outstanding cards and spends in the last few years. Still, average spends on Citi cards are higher than any other Indian bank. Last year, the global banking behemoth announced exit from its consumer banking franchises in 13 markets across Europe, Middle East and Asia, including India, citing lack of scale.

Sharmila And Kenny's Olympic Love Story

Sharmila And Kenny's Olympic Love Story

Rediff.com29 Aug 2024

Sharmila Nicollet and Kenny Bednarek have been dating since 2020, the year he won his first silver medal at the Tokyo Olympics.

Farewell, Shyam Babu

Farewell, Shyam Babu

Rediff.com24 Dec 2024

Shyam Benegal, the shining beacon of the Indian cinema, was laid to rest on Tuesday around 3 pm with full state honours and a three-gun salute at Shivaji Park, central Mumbai.

C S Setty appointed new SBI chairman for 3 years

C S Setty appointed new SBI chairman for 3 years

Rediff.com7 Aug 2024

The government on Tuesday appointed C S Setty as chairman of the country's biggest lender State Bank of India (SBI) for a period of three years. Setty, currently senior most MD of the bank, will replace incumbent chairman Dinesh Kumar Khara on August 28.

RBI recognises FACE as fintech SRO

RBI recognises FACE as fintech SRO

Rediff.com29 Aug 2024

The Reserve Bank of India (RBI) has recognised the Fintech Association for Consumer Empowerment (FACE) as a self-regulatory organisation (SRO) in the fintech sector, the central bank announced on Wednesday. The banking regulator received three applications for fintech SRO. Of the remaining two applications, one has been returned by the RBI with a provision for resubmission after meeting specific requirements, while the third application is still under examination, said Governor Shaktikanta Das at the Global Fintech Fest in Mumbai.

BJP can win many seats in Assam's minority areas if...: Himanta

BJP can win many seats in Assam's minority areas if...: Himanta

Rediff.com28 Nov 2024

Assam Chief Minister Himanta Biswa Sarma believes that the BJP could win more seats in the state by aggressively campaigning in minority-dominated areas. He attributed the party's recent success in the bypolls to its beneficiary schemes, which he claims have garnered support from the minority community. Sarma emphasized that the BJP will continue with its development work for all communities and has no plans for appeasement. He also gave an update on the Guwahati-North Guwahati bridge project, which is progressing well and is scheduled to be opened to the public in July 2025. Sarma also hinted at a possible cabinet reshuffle in the coming months.

Controversy-ridden AIFF president gets life threat

Controversy-ridden AIFF president gets life threat

Rediff.com13 Sep 2024

The FIR also mentioned that the unidentified individual stated that Chaubey should be careful of his decisions and other actions.

Does Ozempic Help You Reduce Weight?

Does Ozempic Help You Reduce Weight?

Rediff.com7 Nov 2024

In India, the drug is not licensed for weight loss. but as anti-diabetic medication, warns Dr Chandrakant Lahariya.

Every attack makes us stronger: Adani speaks up for first time

Every attack makes us stronger: Adani speaks up for first time

Rediff.com1 Dec 2024

"Less than two week back, we faced a set of allegations from the US about compliance practices. This is not the first time we have faced such challenges. What I can tell you is that every attack makes us stronger," he said addressing the 51st Gems and Jewellery Award in Jaipur.

Gukesh's 'Karpov-like' style tipped to outclass Ding

Gukesh's 'Karpov-like' style tipped to outclass Ding

Rediff.com12 Nov 2024

Ding will face a stern challenge from the 18-year-old Gukesh, who "doesn't make any mistakes at all" and has had a terrific run in 2024.

Before Manu Bhaker, there was Norman Pritchard

Before Manu Bhaker, there was Norman Pritchard

Rediff.com30 Jul 2024

Norman Pritchard: Colonised India's first athlete to win 2 medals in same Olympics

Govt debt to stabilise above 80% of GDP: Moody's

Govt debt to stabilise above 80% of GDP: Moody's

Rediff.com23 Jul 2024

Moody's Ratings on Tuesday projected general government debt to stabilise above 80 per cent of GDP over the next three years, down from 89.3 per cent in 2020-21. "General government interest payments to fall to around 24 per cent of general government revenue over the next two years from over 28 per cent in fiscal 2020-21, although this remains much higher than the median 8.7 per cent recorded by Baa-rated peers," Moody's Ratings associate managing director Gene Fang said in a post-Budget reaction.

'They outplayed us and they deserved to win that game'

'They outplayed us and they deserved to win that game'

Rediff.com23 Jun 2024

'When the scores are low, we had an off-one in the field. But yeah, got to give credit where credit is due and Afghanistan were pretty good.'

Exporters demand fiscal incentives, credit at affordable rates in Budget

Exporters demand fiscal incentives, credit at affordable rates in Budget

Rediff.com24 Nov 2022

Exporters on Thursday demanded fiscal incentives, tweaking in customs duties on certain products and credit at affordable rates in the forthcoming Budget to boost exports and create jobs. In a pre-budget virtual meeting with Finance Minister Nirmala Sitharaman, the Federation of Indian Export Organisations (FIEO) said the depreciation of the rupee against the US dollar is affecting exports' competitiveness and the sector requires more support. "Creation of employment is the biggest challenge faced by the country...We would urge the government to provide fiscal support to units which provide additional employment in the export sector," the exporter's body said.

SBI focuses on JanDhan, trusts, societies to mobilise incremental deposits

SBI focuses on JanDhan, trusts, societies to mobilise incremental deposits

Rediff.com13 Sep 2024

In order to boost its deposit base, State Bank of India (SBI) is focusing on various segments, including JanDhan account holders, trusts, societies, and the segment below the affluent class but above the normal account holders. According to Ashwini Tewari , managing director, SBI, the bank is focusing on three broad segments. One is wealth banking, where the bank is focusing on individuals who perhaps do not qualify for private banking but are above regular accounts and require individual attention.