News for 'Credit Association'

Watch Raj Kapoor's Films On OTT

Watch Raj Kapoor's Films On OTT

Rediff.com16 Dec 2024

The world is celebrating Raj Kapoor's birth centenary, but when was the last time you watched an RK film?

'How To Repay Rs 30 Lakh Gold Loan?'

'How To Repay Rs 30 Lakh Gold Loan?'

Rediff.com10 Dec 2024

Ask rediffGURU and PF expert Nitin Narkhede your mutual fund and personal finance-related questions.

PHOTOS: NZ's historic win looms as India stumble again

PHOTOS: NZ's historic win looms as India stumble again

Rediff.com25 Oct 2024

Images from Day 2 of the second Test between India and New Zealand at the Maharashtra Cricket Association Stadium in Pune on Friday.

No exchange, deposit of Rs 2,000 notes on Apr 1

No exchange, deposit of Rs 2,000 notes on Apr 1

Rediff.com28 Mar 2024

The facility to exchange or deposit Rs 2,000 banknotes will not be available on Monday, April 1, 2024 due to operations associated with the annual closing of accounts, the Reserve Bank of India (RBI) said on Friday. The facility will resume on Tuesday (April 2, 2024) at the 19 issue offices of the RBI, it added. "The facility of exchange/deposit of Rs 2,000 banknotes will not be available on Monday, April 1, 2024 at the 19 issue offices of the Reserve Bank of India due to operations associated with the annual closing of accounts," it said.

Beware The American Deep State

Beware The American Deep State

Rediff.com11 Dec 2024

Do not underestimate the ingenuity of the Deep State in America to have its way. Keeping the guard down will be a catastrophic mistake on the part of the Delhi establishment. We could get hit when least expected. That's what happened in Bangladesh and Syria, warns Ambassador M K Bhadrakumar.

Once She Begged. Now She's A Doctor!

Once She Begged. Now She's A Doctor!

Rediff.com4 Oct 2024

After a wait of 20 years, Pinki Haryan is a qualified doctor raring to serve the destitute and give them a better life.

Sebi bans Anil Ambani, 24 other entities from securities mkt for 5-yrs

Sebi bans Anil Ambani, 24 other entities from securities mkt for 5-yrs

Rediff.com23 Aug 2024

Markets regulator Sebi has barred industrialist Anil Ambani, 24 other entities, including former key officials of Reliance Home Finance from the securities market for five years for diversion of funds from the company. Sebi has imposed a penalty of Rs 25 crore on Ambani and restrained him from being associated with the securities market including as a director or Key Managerial Personnel (KMP) in any listed company, or any intermediary registered with the market regulator, for a period of 5 years.

Body-shamed, judged, Sarfaraz proves critics wrong with ton

Body-shamed, judged, Sarfaraz proves critics wrong with ton

Rediff.com19 Oct 2024

Sarfaraz was loudly telling the world that he is no longer a replacement, but a firm contender for a slot in the first eleven even when Shubman Gill's stiff neck is healed.

MFs seek greater leeway for proposed new asset class

MFs seek greater leeway for proposed new asset class

Rediff.com18 Aug 2024

The new asset class (NAC) proposed by the market regulator could see diverse product offerings with high-risk strategies across equity and debt if the mutual fund (MF) industry's recommendations are incorporated into the final regulations. While the Securities and Exchange Board of India (Sebi) has suggested relaxations in investment norms for NAC compared to traditional MFs, some fund houses are advocating for further relaxations in concentration norms, greater flexibility in leverage, and the ability to invest in securities currently outside the MF domain, such as unlisted debt papers and debentures, sources reveal.

Loan growth may drive further gains for LIC Housing

Loan growth may drive further gains for LIC Housing

Rediff.com4 Jul 2024

LIC Housing Finance (LICHF) delivered a healthy FY24 with improvements in net interest margin (NIM) and credit costs and an improved return on assets of 1.7 per cent compared to an average of 1.3 per cent between FY14-FY23. Loan growth was low due to technology upgrades to the platform in H1FY24, though momentum improved in H2FY24. In Q4FY24, the net interest income (NII) came in at Rs 2,250 crore.

India's First Hindi Horror Comedy

India's First Hindi Horror Comedy

Rediff.com18 Sep 2024

Mehmood and R D Burman shiver, wail and flail when they encounter a stuffed tiger that wags its tail, furniture that moves on its own volition and dancing skeletons and mummies. Dinesh Raheja revisits a must-watch.

Five years of GST: Recovery of input tax credit still a struggle

Five years of GST: Recovery of input tax credit still a struggle

Rediff.com27 Jun 2022

Agra has long been known for the Taj Mahal, but it is also a manufacturing hub filled with micro, small and medium enterprises (MSMEs) that make everything from electronic components to metal products, from paints and chemicals to footwear. And five years after the introduction of the Goods and Services Tax (GST), the MSMEs here complain that while the indirect tax regime has been transformative, cutting out the need to file multiple taxes, its biggest drawback has been the delay in credit refunds. Whoever you speak to - MSME owners, tax lawyers, or industry bodies like the National Chambers of Industries and Commerce (NCIC), Agra Footwear Manufacturers and Exporters Chamber (AFMEC) and Agra Shoe Manufacturers Association (ASMA) - they all emphasise that the GST continues to face some key challenges.

Lanka may run out of fuel by April end; India's credit exhausting rapidly

Lanka may run out of fuel by April end; India's credit exhausting rapidly

Rediff.com8 Apr 2022

Sri Lanka is facing its worst economic crisis since gaining independence from the UK in 1948.

'Trump Will Back India On Pakistan'

'Trump Will Back India On Pakistan'

Rediff.com13 Nov 2024

'Trump will absolutely back New Delhi on its position that Pakistan must do more to crack down on terrorists that threaten India.'

Pink slips are out at Paytm as part of 'restructuring'

Pink slips are out at Paytm as part of 'restructuring'

Rediff.com10 Jun 2024

Fintech firm One97 Communications, owner of Paytm brand, is laying off an undisclosed number of employees and claimed that it is providing outplacement support for their smooth transition, according to a company statement. Paytm's sales employee headcount in March 2024 quarter dropped by about 3,500 to 36,521 personnel on a quarter-on-quarter basis, mainly due the impact of the Reserve Bank of India's ban on services of Paytm Payments Bank.

Voting For Trump Will Only Hurt America

Voting For Trump Will Only Hurt America

Rediff.com5 Nov 2024

'To everyone voting for Trump, I have only this simple question: Would you let him have lunch with your daughter or sister or wife or mother?' 'Then why would you let him have our lunch (and so much more) for four more years?', asks Sree Sreenivasan.

Taj Is No. 1 Tourist Choice, What Is No. 2?

Taj Is No. 1 Tourist Choice, What Is No. 2?

Rediff.com12 Jul 2024

It's the Qutub Minar!

Murshid Review: Gangster Overkill

Murshid Review: Gangster Overkill

Rediff.com30 Aug 2024

Perhaps Kay Kay Menon should choose his projects carefully, instead of wasting his talent like this, observes Deepa Gahlot.

'There was a guy called Rishabh Pant': Rohit's witty reply to Duckett

'There was a guy called Rishabh Pant': Rohit's witty reply to Duckett

Rediff.com6 Mar 2024

Ahead of the fifth and final Test match in Dharamshala, India skipper Rohit Sharma gave a witty reply to England opener Ben Duckett's comment that Yashasvi Jaiswal started playing aggressively after getting influenced by Bazball.

Urgent! Update Financial Details!

Urgent! Update Financial Details!

Rediff.com6 Dec 2023

Nominations and addresses are of paramount importance in bank accounts, insurance policies, mutual funds, etc.

Ratan Tata, As I Knew Him

Ratan Tata, As I Knew Him

Rediff.com10 Oct 2024

Ratan was extremely ethical in his dealings, which he brought to bear on the business house which he helmed, remembers Sailesh Kottary.

Should You Take A Loan Against MFs?

Should You Take A Loan Against MFs?

Rediff.com3 Jul 2024

'If the portfolio growth rate is higher, take this loan. If it is lower, liquidate your investments.'

Why You Must Review Mid-Year Finances

Why You Must Review Mid-Year Finances

Rediff.com9 Jul 2024

'A mid-year review makes the end-of-year financial review manageable and less stressful.'

Paytm, Adani Group deny stake sale talks

Paytm, Adani Group deny stake sale talks

Rediff.com29 May 2024

Paytm operator One97 Communications Ltd on Wednesday said it is not in talks to sell a stake to the Adani Group. Adani group has also termed such reports as "false and untrue." Commenting on a report that billionaire Gautam Adani was in talks with Paytm CEO Vijay Shekhar Sharma for a possible stake buy, One97 Communications said, the "news item is speculative and the company is not engaged in any discussions in this regard."

Nitin Gadkari: Longest serving transport minister gets another stint

Nitin Gadkari: Longest serving transport minister gets another stint

Rediff.com9 Jun 2024

Gadkari is credited with the construction of more than 90,000 km of national highways and 30,000 km of new roads in the country in the last 10 years.

Dev Anand Would Be 101 Today!

Dev Anand Would Be 101 Today!

Rediff.com26 Sep 2024

Did you know Dev Anand worked as a clerk at a salary of Rs 85 before he became an actor?

Sold House? Calculate Capital Gain/Loss

Sold House? Calculate Capital Gain/Loss

Rediff.com30 May 2024

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

Kotak Mahindra Bank's joint MD KVS Manian steps down

Kotak Mahindra Bank's joint MD KVS Manian steps down

Rediff.com30 Apr 2024

Kotak Mahindra Bank on Tuesday announced that its joint managing director K V S Manian, a veteran at the private sector lender, has stepped down with immediate effect. Manian, who had been with the lender for nearly three decades, was elevated in a management rejig in January.

Paytm: What's working and what's next?

Paytm: What's working and what's next?

Rediff.com7 Feb 2024

The Reserve Bank of India (RBI) has barred Paytm Payments Bank from most operations, including taking deposits and fund transfers with effect from March 1, 2024. The curbs on the bank come amid several alleged failures such as violations of know-your-customer (KYC) norms. Under such a scenario, here's what works for customers using Paytm Payments Bank, according to the company.

'Trump's Going To Be Very Good For India'

'Trump's Going To Be Very Good For India'

Rediff.com6 Nov 2024

'He is the only president, the only American politician, who had the guts to stand with Hindus.'

Last Minute Tips For Error Free ITR

Last Minute Tips For Error Free ITR

Rediff.com31 Jul 2024

It is advisable to file your ITR right away and not rely on potential extensions.

Indian food services sector to grow by 8.1% from 2024 to 2028: Report

Indian food services sector to grow by 8.1% from 2024 to 2028: Report

Rediff.com10 Jul 2024

Indian food services sector is expected to grow at a CAGR (compounded annual growth rate) of 8.1 per cent between 2024 and 2028 on the back of rapid urbanisation, robust GDP growth, a rising younger population, and greater exposure among consumers, said a new report. The India Food Services Report-2024, brought out by the National Restaurants Association of India (NRAI), states that the sector contributes 1.9 per cent to India's GDP and is projected to grow to Rs 7.76 trillion by 2028 from Rs 5.69 trillion currently.

Is Priyanka A Political Tourist In Wayanad?

Is Priyanka A Political Tourist In Wayanad?

Rediff.com2 Nov 2024

When it comes to the Congress and Wayanad, the only way the scepticism in the minds of some in Kerala may be addressed is by the Gandhi family proving that they are more than a passing caravan in town, reports Shyam G Menon.

RBI tighten norms for personal loans

RBI tighten norms for personal loans

Rediff.com16 Nov 2023

The Reserve Bank on Thursday tightened norms for consumer credit as it asked banks and NBFCs to assign a higher risk weight for unsecured personal loans, a move aimed at making the lenders more cautious on such advances. The risk weight on unsecured consumer loans has been raised by 25 percentage points. The new regulations, however, will not be applicable on housing loans, education loans, vehicle loans and loans secured by gold and gold jewellery, the Reserve Bank said in a circular.

What Is Form 26AS?

What Is Form 26AS?

Rediff.com31 May 2024

Discrepancies between Form 26AS and Form 16 can lead to an inquiry by the I-T department.

Planning To Go For Loan Against Gold?

Planning To Go For Loan Against Gold?

Rediff.com27 Mar 2024

Customers who possess gold jewellery but are either being denied a personal loan or are being asked for a high interest rate due to their poor credit profile may consider a gold loan.

Interim Budget 2024-25: Funds to boost reach on fintech industry wishlist

Interim Budget 2024-25: Funds to boost reach on fintech industry wishlist

Rediff.com8 Jan 2024

Indian fintechs and associated entities are hoping that the Union Budget 2024 will provide a boost and empower firms to extend their reach beyond Tier-II regions, with an emphasis on supporting enterprises led by women. The fintech industry, which has witnessed regulatory reforms over the last year, expects the Budget, scheduled to be presented by Finance Minister Nirmala Sitharaman on February 1, will further encourage financial inclusion, empower micro-small-medium enterprises (MSMEs) with lending solutions, and push for upskilling initiatives for the country's young workforce.

Valuations factor in strong earnings growth for TVS Motor

Valuations factor in strong earnings growth for TVS Motor

Rediff.com19 Aug 2024

TVS Motor Company met expectations in terms of revenue and posted a strong margin performance in Q1FY25. The key drivers were material cost savings and a better mix. The domestic demand outlook looks good with a rural rebound but geopolitical uncertainties in key export markets may dent overall growth.

STCG, LTCG, MFs: What You Must Know

STCG, LTCG, MFs: What You Must Know

Rediff.com30 Jul 2024

Investors should view the increase in the LTCG tax rate in conjunction with the increase in capital gains exemption from Rs 1 lakh to Rs 1.25 lakh, which will provide some relief.

Missed Tax Return Deadline? What To Do

Missed Tax Return Deadline? What To Do

Rediff.com13 Aug 2024

Submitting a late return helps you stay compliant with tax regulations and avoid legal issues.