News for 'Credit Association'

New York Labor Day Parade Was A Spectacle!

New York Labor Day Parade Was A Spectacle!

Rediff.com9 Sep 2024

Thousands of workers of every description -- from journalists to steel workers, from painters to New York cops, from auto to engineering workers -- marched for two hours down 5th Avenue one of Manhattan's most iconic thoroughfares, reports Jyoti Punwani.

Rural two-wheeler demand roars back to life in first half of 2024

Rural two-wheeler demand roars back to life in first half of 2024

Rediff.com22 Jul 2024

The two-wheeler segment has shown signs of recovery in the first half (H1) of calendar year (CY) 2024, largely driven by improving performance in rural areas. According to the Federation of Automobile Dealers Associations, rural contribution to two-wheeler sales surged by 57-60 per cent in the April-June quarter of 2024-25, indicating a rising demand in these regions. Experts believe that this trend will continue, supported by a favourable monsoon season and government initiatives aimed at rural development.

Manu Bhaker continues to dominate Olympic Selection Trials

Manu Bhaker continues to dominate Olympic Selection Trials

Rediff.com17 May 2024

Olympian Manu Bhaker displayed complete dominance in 10m air pistol Olympic Selection Trials (OST), shooting a superb score to overcome the challenge of Asian Games medallist Esha Singh in Bhopal on Friday.

Fintech Lenders Gave Rs 29,875 Crore

Fintech Lenders Gave Rs 29,875 Crore

Rediff.com23 Oct 2023

'The last year's growth is a foretaste of things to come in the retail credit market.'

Why India Will Like Shigeru Ishiba

Why India Will Like Shigeru Ishiba

Rediff.com4 Oct 2024

Shigeru Ishiba is expected to prioritise strengthening Japan's military capabilities and fostering deeper international partnerships, particularly with India, with whom Japan shares significant strategic interests, explains Dr Rajaram Panda.

Last Action Hero: Vijay's Cinematic Legacy

Last Action Hero: Vijay's Cinematic Legacy

Rediff.com17 Sep 2024

As Thalapathy Vijay embarks on a career in politics, Arjun Menon looks closer at his glorious filmography.

'Industry Has To Help Us'

'Industry Has To Help Us'

Rediff.com16 Aug 2024

'There will be 200 ITIs developed as hubs, while 800 will be developed as spoke, connected with five National Skill Training Institutes.'

Explained: All you want to know about Credit Score

Explained: All you want to know about Credit Score

Rediff.com10 Dec 2019

'A score of 750 and above is considered to be good, though these cut-offs can vary depending on the type of loan being sanctioned,' points out Arun Ramamurthy.

'Only A Very Rich Man Can Stand For Elections'

'Only A Very Rich Man Can Stand For Elections'

Rediff.com8 May 2024

'All my wealth I earned in the US. It is all money earned transparently. I have paid all taxes.'

Why Purvanchal Is Challenging For BJP

Why Purvanchal Is Challenging For BJP

Rediff.com29 May 2024

The youth -- their dreams of government jobs unfulfilled -- are voicing their frustration.

Will Sexual Abuse Ever End In Film Industry?

Will Sexual Abuse Ever End In Film Industry?

Rediff.com11 Sep 2024

Nothing is going to change in a hurry unless attitudes change and punishments are speedy and fair, notes Ramesh Menon.

Akhilesh Sniffs Smell Of Success In Kannauj

Akhilesh Sniffs Smell Of Success In Kannauj

Rediff.com11 May 2024

Akhilesh Yadav replaced his nephew Tej Pratap Yadav and decided to contest the Kannauj seat himself.

Chirag Paswan Fights Two-Front Battle In Hajipur

Chirag Paswan Fights Two-Front Battle In Hajipur

Rediff.com15 May 2024

He is not just under attack from his opponent Shiv Chandra Ram of the RJD, but also by his uncle Paras.

FMPs Or TMFs? Where Should You Invest?

FMPs Or TMFs? Where Should You Invest?

Rediff.com22 Apr 2024

FMPs remain an option for investors who believe interest rates could head downward over time and wish to lock in the current rates. TMFs have very low expense ratios, which makes them cost-efficient.

'The Titan Flies Away Into The Ages'

'The Titan Flies Away Into The Ages'

Rediff.com10 Oct 2024

'Some icons are living textbooks, teaching us about leadership, success, and legacy. Extraordinary yet human and approachable, they inspire and guide us.' 'India has lost a true son and champion.'

Paytm net loss widens to Rs 550 crore in Q4

Paytm net loss widens to Rs 550 crore in Q4

Rediff.com22 May 2024

Fintech firm One97 Communications, which owns the Paytm brand, on Wednesday said its loss in the fourth quarter of the financial year 2023-24 has widened to Rs 550 crore following the ban imposed by the RBI on transactions related to its payments bank. The company had posted a loss of Rs 167.5 crore in the same period a year ago, the company said in a regulatory filing. "Our fourth quarter FY24 results were impacted by temporary disruption on account of UPI transition etc. and permanent disruption because of the PPBL embargo.

PIX: India humiliated as Sri Lanka clinch series

PIX: India humiliated as Sri Lanka clinch series

Rediff.com7 Aug 2024

IMAGES from the 3rd ODI played between Sri Lanka and India, in Colombo, on Wednesday.

Indian IT sector staring at 2nd straight year of muted revenue growth: Crisil

Indian IT sector staring at 2nd straight year of muted revenue growth: Crisil

Rediff.com24 Apr 2024

The Indian IT services sector is staring at a second consecutive year of muted revenue growth due to modest increase in tech spends in Europe and the US, a domestic rating agency said on Wednesday. Crisil Ratings said it expects the sector to grow at 5-7 per cent in FY25, after a growth of 6 per cent estimated to have been achieved in FY24. The overall industry size is pegged at $250 billion and it creates over 50 lakh direct jobs.

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.

Rediff's Wave Rider Retires!

Rediff's Wave Rider Retires!

Rediff.com1 Nov 2024

We asked colleagues, present and past, to reflect on a man who has made such a difference to their lives and careers. Here it is then, a rich collection of memories that offer enchanting glimpses of the enigmatic Ajit Balakrishnan.

Is Sanjay Jha Nitish's Political Heir?

Is Sanjay Jha Nitish's Political Heir?

Rediff.com3 Jul 2024

Sanjay Jha's importance lies in his connections to senior BJP and RSS leaders to maintain a smooth relationship within the NDA government in Bihar and at the Centre and to contest the 2025 Bihar assembly elections together under Nitish Kumar's leadership.

Goa Cricket Association president, secretary arrested for fraud

Goa Cricket Association president, secretary arrested for fraud

Rediff.com15 Jun 2016

Goa Cricket Association president Chetan Dessai, secretary Vinod Phadke and treasurer Akbar Mulla were today arrested by police for alleged misappropriation of over Rs three crore belonging to the organisation.

Fintechs may shift to secure products after RBI order on consumer loans

Fintechs may shift to secure products after RBI order on consumer loans

Rediff.com23 Nov 2023

Fintech companies believe that the impact of Reserve Bank of India's order last week on unsecured loans will be visible in six to 12 months and prompt them to diversify and strengthen their secured portfolio. Fintechs which source funds through banks or non-banking finance companies (NBFCs) are looking at quickly building their secured portfolio options to at least 40 per cent of their total portfolio. "Over the medium to long term, as part of our product strategy, we are evaluating secured products which can be enabled over a digital platform" said Yogi Sadana, the founder of Zype, a lending-focussed fintech.

'What is happening in Bangladesh can happen in India'

'What is happening in Bangladesh can happen in India'

Rediff.com7 Aug 2024

"Everything may look normal in Kashmir. Everything may look normal here. We may be celebrating the victory, although of course some people believe that that victory or that success of 2024 was perhaps only marginal, perhaps a lot more needs to be done," he said.

5 credit lessons for college students

5 credit lessons for college students

Rediff.com15 Nov 2015

Here are some very important credit gyaan you wish you had got from your parents

NBA leader Medha Patkar convicted in defamation case by Delhi LG

NBA leader Medha Patkar convicted in defamation case by Delhi LG

Rediff.com24 May 2024

Under the relevant law, the activist may get a jail term of two years or fine or both as the punishment.

Sebi to erect 'building blocks' to wall in finfluencers

Sebi to erect 'building blocks' to wall in finfluencers

Rediff.com13 Mar 2024

Before framing regulations to curb 'misleading' messages and stock recommendations by finfluencers (a portmanteau of the phrase 'financial influencers'), the market regulator plans to put in place some 'building blocks' to ensure smooth enforcement. Madhabi Puri Buch, chairperson of Securities and Exchange Board of India (Sebi), is of the view that the 'traditional approach may not work' to rein in finfluencers. "There are many interlinked pieces in our regulations - investment advisor regulations, research analyst regulations, the fact that we don't have algorithmic (algo)-related regulations, what brokers are permitted to do, and what is incidental advice.

FADA launches credit card

FADA launches credit card

Rediff.com4 Sep 2003

The Federation of Automobile Dealers Association on Thursday launched a credit card in association with the ICICI bank.

Paytm denies any Enforcement Directorate probe into money laundering

Paytm denies any Enforcement Directorate probe into money laundering

Rediff.com5 Feb 2024

One97 Communications Ltd (OCL), the parent firm of fintech major Paytm, has denied reports about any investigation by the Enforcement Directorate (ED) into the company, its associates, and its founder and chief executive officer (CEO), Vijay Shekhar Sharma. The company, in an exchange filing on Sunday, said it had cooperated with the authorities when users or merchants on its platform were subject to enquiries in the past. "We would like to set the record straight and deny any involvement in anti-money laundering activities.

Want a loan against your credit card? Read this first

Want a loan against your credit card? Read this first

Rediff.com11 Sep 2019

While there is easy access to money, the flip side is the high interest rate and processing fees, points out Sarbajeet K Sen.

Paris 2024: 'Expect more than 10 shooting medals for India'

Paris 2024: 'Expect more than 10 shooting medals for India'

Rediff.com13 Jun 2024

Bindra admitted that hopes will be high on the Indian shooting contingent in Paris after having notched up seven medals - India's best-ever tally - at the Tokyo Olympics.

Companies Plan Yoga Day Celebration

Companies Plan Yoga Day Celebration

Rediff.com21 Jun 2024

'An in-house contest encourages employees to share yoga and well-being practices with their families.'

Just what are credit derivatives?

Just what are credit derivatives?

Rediff.com21 Jul 2005

SBI associate banks merger to cost Rs 1,660 crore: Moody's

SBI associate banks merger to cost Rs 1,660 crore: Moody's

Rediff.com20 May 2016

Country's biggest lender State Bank of India had proposed merger of five associate banks.

Slowdown blues: Bank credit growth will be lowest in 58 years

Slowdown blues: Bank credit growth will be lowest in 58 years

Rediff.com27 Dec 2019

According to ICRA, even in a high-growth scenario, wherein the second half of FY20 sees the incremental bank credit rise to Rs 6.5-7 trn, there will still be a 40-45% year-on-year decline.

NRIs, Are You Aware Of Indian Tax Rules?

NRIs, Are You Aware Of Indian Tax Rules?

Rediff.com12 Mar 2024

Understanding tax residency rules and maintaining proper documentation is imperative to ensure smooth tax compliance.

ICC grants Afghanistan Associate membership

ICC grants Afghanistan Associate membership

Rediff.com29 Jun 2013

Afghanistan have been granted the Associate membership of the ICC, making it the eighth Asian nation and the 38th overall to get the status.

'We Have An Indian Tiger That Needs To Be Uncaged'

'We Have An Indian Tiger That Needs To Be Uncaged'

Rediff.com10 Oct 2024

'What's sad today is that there are so many people who cannot find work, not because the country is devoid of that opportunity, but because we are not doing enough in the country.'

IPL: Bond quits as MI bowling coach after 9 years!

IPL: Bond quits as MI bowling coach after 9 years!

Rediff.com18 Oct 2023

Shane Bond, who has been associated with MI since 2015, won four IPL trophies as the bowling coach of the team.

Analysts recommend: Stay put in SBI, associates

Analysts recommend: Stay put in SBI, associates

Rediff.com17 Feb 2017

The consolidated entity can target good growth FY18 onwards, analysts say.