News for 'Credit Association'

Why The Royals Gathered in Dilli

Why The Royals Gathered in Dilli

Rediff.com7 Nov 2022

Some of India's best-known royals gathered in New Delhi to watch the final of the Sir Pratap Singh Polo Cup, which is named after Sir Pratap Singh, the man credited with the foundation of modern polo in India.

Islam has pride of place among religions in India, says NSA Doval

Islam has pride of place among religions in India, says NSA Doval

Rediff.com11 Jul 2023

Asserting that terrorism is not linked to any religion, National Security Advisor Ajit Doval on Tuesday said it is no coincidence that despite there being around 200 million Muslims, the involvement of Indian citizens in global terrorism has been "incredibly low".

Big Tech in financial system poses concentration risk: Shaktikanta Das

Big Tech in financial system poses concentration risk: Shaktikanta Das

Rediff.com21 Sep 2022

The increasing involvement of Big Tech in the financial system could give rise to concentration risk and there are potential spillovers, which call for closer attention, Reserve Bank of India (RBI) Governor Shaktikanta Das said on Tuesday. "...enormous amounts of consumer data is being generated and leveraged upon by a few entities (the so-called Big Tech) by virtue of their huge customer base. "Such developments raise concerns on concentration risk and potential spillovers as their level of engagement with the financial system strengthens in the years to come," Das said at the Global Fintech Fest 2022.

Which Banks Should You Keep Your Money?

Which Banks Should You Keep Your Money?

Rediff.com3 Apr 2023

Be wary of co-operative banks which have historically been most vulnerable.

Portugal health minister quits after pregnant Indian woman dies

Portugal health minister quits after pregnant Indian woman dies

Rediff.com1 Sep 2022

Portugal's shortage of health staff, especially those specialising in gynaecology and obstetrics, has led to the government considering hiring from abroad.

Canada court orders seizure of Air India, AAI assets over dues

Canada court orders seizure of Air India, AAI assets over dues

Rediff.com4 Jan 2022

A court in Canada has ordered the seizure of amounts collected by the International Air Transport Association (IATA) on behalf of Air India and the Airports Authority of India (AAI). Separate orders were passed on November 24 and December 21 on pleas by shareholders of Devas Multimedia Private Limited who have filed multiple petitions to enforce arbitration awards against the Indian government. According to a Devas spokesperson, more than $30 million has been seized to date under the IATA action.

Meet NDA's Vice President nominee Jagdeep Dhankhar

Meet NDA's Vice President nominee Jagdeep Dhankhar

Rediff.com16 Jul 2022

The 71-year-old Dhankhar has been a noted lawyer, was instrumental in getting Other Backward Class status for Jats in Rajasthan and loves to beat his own cappuccino desi-style.

When President Wanted To Get Rid Of Rajiv Gandhi

When President Wanted To Get Rid Of Rajiv Gandhi

Rediff.com26 Jul 2023

Gianiji had crafted his moves with the meticulous planning of a chess grandmaster. He did not know whether a checkmate was feasible, as his time was running out, but he wanted Rajiv Gandhi to smell the fear of loss. A fascinating excerpt from K C Singh's The Indian President: An Insider's Account of the Zail Singh Years.

NRIs: Pop Nationalism To Identity Supremacy

NRIs: Pop Nationalism To Identity Supremacy

Rediff.com21 Oct 2023

Brand India's societal divisions and distortions have remained as much relevant in 'liberal' America and Europe as it still is in the structurally stratified Indian society of the 21st century, observes N Sathiya Moorthy.

'Eddie Murphy was approached for Sanjay Dutt's role'

'Eddie Murphy was approached for Sanjay Dutt's role'

Rediff.com4 Sep 2023

'Eddie Murphy was approached for Sanjay Dutt's role, Omar Sharif for Jackie's Shroff's. The title of Khalnayak was Be Negative then. I had started working on the screenplay with Hollywood writers. And then after three-four months...

Credit cards with a heart!

Credit cards with a heart!

Rediff.com29 Mar 2005

SC seeks OROP payment plan from Centre within a week

SC seeks OROP payment plan from Centre within a week

Rediff.com13 Mar 2023

The Supreme Court on Monday said the ministry of defence cannot take law in its own hands by issuing communication on payment of One Rank-One Pension (OROP) arrears in four instalments.

Merger with HDFC: RBI gives some leeway to HDFC Bank

Merger with HDFC: RBI gives some leeway to HDFC Bank

Rediff.com21 Apr 2023

In a mixed bag for HDFC Bank ahead of the parent HDFC's merger with itself, the Reserve Bank of India has declined to make exceptions on certain aspects, and has offered some leeway on others. The country's largest private sector lender, which is aiming to conclude the merger with the home finance major by July, had written to the central bank seeking certain forbearances after announcing the $40-billion merger in April last year. In an exchange filing this evening, HDFC Bank said it received a response from RBI on Thursday and also said that there are a few pending issues.

Court humare kabze mein...: Shah on CBI, ED 'misuse'

Court humare kabze mein...: Shah on CBI, ED 'misuse'

Rediff.com14 Feb 2023

Shah said that the people of the country will decide about the principal opposition party to BJP in the 2024 polls and they have not given this label to any party.

Why Did This Kerala Story Become A Huge Hit?

Why Did This Kerala Story Become A Huge Hit?

Rediff.com12 Jun 2023

'Cinema or the sentiment of a people, disgusted by contemporary politics and wanting to feel whole by collectively recalling a moment of great difficulty that was also a cause for togetherness?', asks Shyam G Menon.

Home prices set for steep 6-10% jump this fiscal

Home prices set for steep 6-10% jump this fiscal

Rediff.com15 Dec 2022

Home prices across the top six cities are set to jump 6-10 per cent this fiscal and 3-5 per cent in the next financial year because of a steep rise in raw material, labour and land costs, and relatively favourable demand-supply dynamics, a report said on Thursday. The report by Crisil also said large residential realtors are on course to log a robust 25 per cent sales growth in 2022-23 and 10-15 per cent in the next fiscal. The unsold inventory level is down to 2.5 years from four years pre-pandemic, and this has credit profile of the large realtors strengthening, the report said.

Tendulkar, PM Modi hail PV Sindhu

Tendulkar, PM Modi hail PV Sindhu

Rediff.com17 Jul 2022

'Your attitude and spirit to win every game is something that inspires everyone'

Planning For Digital Loan? Read This

Planning For Digital Loan? Read This

Rediff.com18 Oct 2022

Borrowers should be careful if the app promises too-quick disbursal, and doesn't provide adequate information on the terms of the loan, such as interest rate, repayment schedule, etc.

India's game plan ensures comfortable win in 2nd ODI

India's game plan ensures comfortable win in 2nd ODI

Rediff.com10 Oct 2022

Man of the Match for his 113 not out off 111 balls, Shreyas Iyer said, "I am ecstatic. When I went in to bat, I spoke to Ishan and he was of the mindset to take on the bowlers. So we decided to play the ball on merit and see how it goes.

No political statements on scrapping Muslim quota please, says SC

No political statements on scrapping Muslim quota please, says SC

Rediff.com9 May 2023

The Supreme Court on Tuesday took serious exception to political statements being made on the sub-judice matter related to the withdrawal of four percent Muslim quota in Karnataka, saying "some sanctity needs to be maintained".

GST: Success And The Way Forward

GST: Success And The Way Forward

Rediff.com12 Jul 2023

No longer a discretion of the tax administrator, the audit of returns filed by taxpayers is now based on a selection by algorithms, notes Tarun Bajaj.

Bishnoi joins BJP, lauds Modi as India's best PM

Bishnoi joins BJP, lauds Modi as India's best PM

Rediff.com4 Aug 2022

Former Haryana Congress leader Kuldeep Bishnoi joined the Bharatiya Janata Party on Thursday along with his wife Renuka Bishnoi here in the presence of senior party leaders, including state Chief Minister Manohar Lal Khattar.

Leave Encashment: What You Must Know

Leave Encashment: What You Must Know

Rediff.com17 Feb 2023

'The number of leave accumulated sometimes goes up to 300.' 'The encashed amount is equivalent to almost 10 months' salary.'

What's Soccer Legend Johan Neeskens Doing In Mumbai?

What's Soccer Legend Johan Neeskens Doing In Mumbai?

Rediff.com23 Aug 2022

Johan Neeskens, one of the finest midfielders football has seen, is in Mumbai this week in connection with the World Coaches Programme.

Planning For Higher Pension Under EPS?

Planning For Higher Pension Under EPS?

Rediff.com26 May 2023

Remember, pension from EPS will be taxable at slab rate, reducing the post-tax income for people who remain in the higher tax brackets after retirement.

'If my mother knew of my arrest, she would have died of shock'

'If my mother knew of my arrest, she would have died of shock'

Rediff.com31 Jul 2023

'After exiting jail, I thought some of my IIM-A classmates would contact me. None did.' 'The case indeed scared people, which perhaps was the objective of the State.'

How RBI's bar on Mastercard impacts Indian banks

How RBI's bar on Mastercard impacts Indian banks

Rediff.com16 Jul 2021

The Reserve Bank of India's (RBI's) move to ban Mastercard from issuing new cards for not complying with the local data storage guidelines may hit five private banks, a non-bank lender, and a major card-issuing company. The impact is expected to be felt for a few months as these players transition to other card networks. According to Nomura Research, RBL Bank, YES Bank, and Bajaj Finserv are the ones most impacted by the ban as all their credit card schemes are allied to Mastercard. Among others, IndusInd Bank, Axis Bank and ICICI Bank have 35-40 per cent of their credit card schemes tied to Mastercard, the report said.

'I won't kill anyone to get what I want'

'I won't kill anyone to get what I want'

Rediff.com14 Jun 2023

'Nobody told me upfront that you are a Marathi girl so we will not cast you.' 'I questioned myself: 'Am I not good enough?' 'Am I not good-looking to be in this industry?''

GST Council may consider changes in monthly payment form

GST Council may consider changes in monthly payment form

Rediff.com24 Jun 2022

The GST Council in its meeting next week is likely to consider a proposal for making changes in the monthly tax payment form -- GSTR-3B, which would include auto-population of outward supplies from sales return and non-editable tax payment table, officials said. The move would help curb the menace of fake billing, whereby sellers would show higher sales in GSTR-1 to enable purchasers to claim input tax credit (ITC), but report suppressed sales in GSTR-3B to lower GST liability. Currently, GSTR-3B of a taxpayer includes auto drafted input tax credit (ITC) statements based on inward and outward B2B supplies and also red flags any mismatch between GSTR-1 and 3B.

Banks wrote off NPAs over 10 lakh crore in last 5 financial years: FM

Banks wrote off NPAs over 10 lakh crore in last 5 financial years: FM

Rediff.com13 Dec 2022

Banks have written off bad loans worth Rs 10,09,511 crore during the last five financial years, finance minister Nirmala Sitharaman informed Parliament on Tuesday. The non-performing assets (NPAs), including those in respect of which full provisioning has been made on completion of four years, are removed from the balance sheet of the bank concerned by way of write-off, she said in a reply to Rajya Sabha. "Banks write off NPAs as part of their regular exercise to clean up their balance sheet, avail tax benefit and optimise capital, in accordance with RBI guidelines and policy approved by their boards.

Will Financial Stress Break The Global Economy?

Will Financial Stress Break The Global Economy?

Rediff.com4 Apr 2023

What's different this time is that global financial stress -- which has its genesis in four policy choices made in recent years -- is juxtaposed with a more resilient real economy, observes Sajjid Z Chinoy, chief India economist at J P Morgan.

'Nari shakti', festivals, spirituality themes of this year's states' tableaux

'Nari shakti', festivals, spirituality themes of this year's states' tableaux

Rediff.com26 Jan 2023

"Nari shakti" and women empowerment dominated the theme of tableaux of Kerala, Karnataka, Tamil Nadu, Maharashtra and Tripura at the Republic Day parade here on Thursday.

JD-U nominates Nitish Kumar's trusted aide Anil Hegde to RS

JD-U nominates Nitish Kumar's trusted aide Anil Hegde to RS

Rediff.com16 May 2022

Bihar Chief Minister Nitish Kumar's Janata Dal-United on Monday announced its low-profile top office-bearer Anil Hegde as its candidate for the by-election to a Rajya Sabha seat which has been necessitated by the death of multiple-term MP, King Mahendra.

CWG 2022: Lovlina's coach Sandhya receives accreditation

CWG 2022: Lovlina's coach Sandhya receives accreditation

Rediff.com26 Jul 2022

Lovlina Borgohain's personal coach Sandhya Gurung on Tuesday received her accreditation for the Commonwealth Games, a day after the Olympic bronze medallist claimed her preparation for the event was getting affected due to "continuous harassment" of her coaches.

Centurion Munro credits Kiwi bowlers for Rajkot T20 win

Centurion Munro credits Kiwi bowlers for Rajkot T20 win

Rediff.com5 Nov 2017

Centurion Colin Munro credited New Zealand's "outstanding" bowling attack for the 40-run victory in the second T20 International, in Rajkot, on Saturday, saying dismissing the in-form India openers early was "massive".

National interest must guide your every decision, Modi tells bureaucrats

National interest must guide your every decision, Modi tells bureaucrats

Rediff.com21 Apr 2023

Prime Minister Narendra Modi on Friday urged bureaucrats to make national interest the sole basis of their every decision, saying the country has put its faith in them and they must uphold that trust.

Want To Rent Your Place? Read This

Want To Rent Your Place? Read This

Rediff.com3 Feb 2023

Don't download a rent agreement from the Internet or sign blindly on one prepared by the broker.

Common man bogged down by corruption, remarks SC in case to debar criminal MPs

Common man bogged down by corruption, remarks SC in case to debar criminal MPs

Rediff.com24 Feb 2023

The common man in India is bogged down by corruption and there is a need to fix accountability at all levels, the Supreme Court observed on Friday as it dealt with a petition seeking debarment of those against whom charges have been framed in criminal cases from contesting elections.

Missed ITR Deadline? Here's HELP!

Missed ITR Deadline? Here's HELP!

Rediff.com12 Aug 2022

Mihir Tanna, Associate Director, S K Patodia & Associates, will answer your personal income tax queries.

The A-W Of Desi Guests At the White House Dinner

The A-W Of Desi Guests At the White House Dinner

Rediff.com24 Jun 2023

The dinner Jill Biden and her husband US President Joe Biden hosted for Indian prime minister Narendra Modi, June 22, at the White House brought together, Indians and Americans from so many firmaments.