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News for 'Credit Association'

PNB ready to disburse Rs 16,000 crore in loans

PNB ready to disburse Rs 16,000 crore in loans

Rediff.com6 Jul 2020

'We have already sanctioned loans worth over Rs 3,000 crore to around 120,000 customers.'

'Govt doesn't care about restaurant biz'

'Govt doesn't care about restaurant biz'

Rediff.com4 Aug 2021

'The government is not ready to talk to us. They have their own agenda.'

Rs 1.35 lakh cr disbursed so far to farmers: PM

Rs 1.35 lakh cr disbursed so far to farmers: PM

Rediff.com14 May 2021

Prime Minister Narendra Modi on Friday said the Centre has transferred around Rs 1,35,000 crore so far under the Pradhan Mantri Kisan Samman Nidhi (PM-KISAN) scheme with the payment of eighth instalment on Friday and is also procuring higher quantity of paddy and wheat at minimum support price to boost farmers' income.

Modi should not enter turf that angels fear to tread

Modi should not enter turf that angels fear to tread

Rediff.com27 Feb 2022

'Frankly, India has no role to play.' 'This is a showdown between the US and NATO on one hand and Russia on the other.' 'That said, the outcome of this titanic struggle in Central Europe will remould the world order and affect India profoundly,' argues Ambassador M K Bhadrakumar.

NEP, 4-year undergrad programme gets DU's implementation approval

NEP, 4-year undergrad programme gets DU's implementation approval

Rediff.com1 Sep 2021

The implementation of the NEP and four-year undergraduate programme were approved by the Standing Committee on Academic Matters and the Academic Council last week.

How NBFC crisis has hit India's textile industry

How NBFC crisis has hit India's textile industry

Rediff.com12 Jul 2019

Large retailers are allegedly importing apparel made of Chinese fabric from Bangladesh at nil duty, under our free trade agreement with the latter country. However, the same agreement does not permit duty-free export from here.

Huge scam in YES Bank for many years, say ED

Huge scam in YES Bank for many years, say ED

Rediff.com26 May 2020

Proceeds of the crime had been siphoned off and laundered or concealed, or layered and integrated into the main financial system through the acquisition of properties. His wife Bindu Kapoor has been charged with being aware of the source of monies that were being routed through these companies.

The first desi to win the US Spelling Bee

The first desi to win the US Spelling Bee

Rediff.com10 Jun 2021

Indian American children have dominated the Scripps Howard Spelling Bee in the United States since the turn of the new century. Long before this impressive trail of triumphs began, way back in 1985, Balu Natarajan became the first Indian American child to win the Spelling Bee. Rediff.com US Contributor Abhijit Masih catches up with Dr Natarajan as the 2021 Spelling Bee takes off this weekend.

The blind spot on India's biggest banking whodunit

The blind spot on India's biggest banking whodunit

Rediff.com8 Feb 2019

The PNB fiasco falls into a family line that involves non-fund limits - read contingent liabilities which are off-books. Harshad Mehta did it with bankers' receipts in 1992. Ketan Parekh exploited the ignorance of bankers who did not know the difference between a cheque and a pay-order. And the RBI blinked when it failed to insist the SWIFT platform be linked to the core banking solution. Raghu Mohan & Abhijit Lele trace the banking mess that was just waiting to happen.

How To PROTECT Data And Privacy ONLINE

How To PROTECT Data And Privacy ONLINE

Rediff.com22 Sep 2021

Scammers and fraudsters keep coming up with creative ways to gain access to sensitive information and only by being alert and aware of such attempts can data privacy be truly maintained.

Jet Air may get Rs 500 cr interim funding from banks

Jet Air may get Rs 500 cr interim funding from banks

Rediff.com22 Feb 2019

Lenders are likely to convert part of the airline's debt into 11.4 crore shares at a consideration of Re 1 apiece as per RBI norms.

Football clubs, players, strike pay deals for coronavirus lull

Football clubs, players, strike pay deals for coronavirus lull

Rediff.com3 Apr 2020

With sports events around the world suspended because of the coronavirus pandemic, football clubs and leagues have been discussing pay cuts with players to help them make it through the crisis.

Jewellers' stir enters 9th day; loss pegged at Rs 60,000 crore

Jewellers' stir enters 9th day; loss pegged at Rs 60,000 crore

Rediff.com9 Mar 2016

Over 300 associations, that consists of over 3 lakh manufacturers, retailers, wholesalers and artisans among others, are participating the nationwide stir.

Sops to exporters under MEIS may be extended till March 31

Sops to exporters under MEIS may be extended till March 31

Rediff.com22 Oct 2019

Introduced in 2015 under the Foreign Trade Policy, the mega MEIS was created out of a merger of five existing reward schemes.

Opt for NPS for higher returns

Opt for NPS for higher returns

Rediff.com25 Feb 2021

But be ready for lock-in till the age of 60.

Centre, states team up with RBI, Big Tech to fight Chinese lending apps

Centre, states team up with RBI, Big Tech to fight Chinese lending apps

Rediff.com22 Jan 2021

A user just needs to download any app floated by such fraudsters and apply for instant loans. These apps are mainly concentrated on Google Play considering the reach and popularity of Android systems.

Why has SBI's stock risen 127.46%?

Why has SBI's stock risen 127.46%?

Rediff.com16 Jun 2021

Why are investors gung-ho about State Bank? asks Tamal Bandyopadhyay.

For first time in a month, Sensex posts weekly loss

For first time in a month, Sensex posts weekly loss

Rediff.com8 Jun 2019

Market players said a big upmove by the market will depend on policy action by the government to revive economic growth and corporate earnings revival.

Airtel has capacity to withstand $5 bn AGR payout: Moody's

Airtel has capacity to withstand $5 bn AGR payout: Moody's

Rediff.com26 Feb 2020

Bharti recorded $5 billion liability for past-due AGR fees, but is still completing its self-assessment to determine the final amount.

Bullion traders slam duty move, gold markets shut for 3 days

Bullion traders slam duty move, gold markets shut for 3 days

Rediff.com2 Mar 2016

Association will write a letter to Finance Minister Arun Jaitley to demand a rollback.

'I got more praise than the hero'

'I got more praise than the hero'

Rediff.com17 Jun 2021

An encounter with movie veteran Chandrashekhar.

The Hero of the Battle of Longewala

The Hero of the Battle of Longewala

Rediff.com3 Dec 2021

Major Kuldip Singh Chandpuri was awarded the Mahavir Chakra, the second highest medal for gallantry for leading a small company of men against a massive Pakistani attack.

I don't have to stoop to conquer: Bedi hits back at Gambhir

I don't have to stoop to conquer: Bedi hits back at Gambhir

Rediff.com4 Aug 2019

Gautam Gambhir launched a scathing attack on Bishan Singh Bedi after Navdeep Saini's dream debut in international cricket.

'Barbers are the real artists'

'Barbers are the real artists'

Rediff.com14 Mar 2022

Celebrity hairstylist Darshan Yewalekar has some advice for Indian men.

33 of 95 BSE100 cos INCREASED CAPEX

33 of 95 BSE100 cos INCREASED CAPEX

Rediff.com4 Feb 2021

Acquisitions may have played a role in much of the increase.

Auto dealers sceptical about signs of recovery

Auto dealers sceptical about signs of recovery

Rediff.com10 Sep 2020

Dealers say the significant increase in sales was driven by a need to plug the diminishing inventory as most dealerships were transitioning from BS-IV to BS-VI when the Covid-19 lockdown was announced.

Bank board picks Dinesh Khara as new SBI chairman

Bank board picks Dinesh Khara as new SBI chairman

Rediff.com29 Aug 2020

Khara will replace SBI Chairman Rajnish Kumar, whose three-year term comes to an end on October 7.

Jewellers' strike against excise duty enters 7th day

Jewellers' strike against excise duty enters 7th day

Rediff.com8 Mar 2016

The industry is estimated to have incurred a loss of Rs 10,000 crore (Rs 100 billion).

Cabinet nods Rs 6,268 crore export subsidy for sugar

Cabinet nods Rs 6,268 crore export subsidy for sugar

Rediff.com29 Aug 2019

The subsidy will be credited to bank accounts of farmers against cane price dues and are compliant with WTO norms. This will benefit millions of farmers in Uttar Pradesh, Maharashtra and Karnataka.

Now, loans for all your lifestyle needs

Now, loans for all your lifestyle needs

Rediff.com4 Dec 2019

You can get a lumpsum sanctioned, but you may draw only part of it and pay interest on the amount used.

Up against excise duty, bullion traders shut shops for 2nd day

Up against excise duty, bullion traders shut shops for 2nd day

Rediff.com3 Mar 2016

Finance Minister Arun Jaitley in the Budget for 2016-17 had proposed 1 per cent excise duty on jewellery without input credit or 12.5 per cent with input tax credit on jewellery.

Passenger sues Air India for personal data breach: What happens now?

Passenger sues Air India for personal data breach: What happens now?

Rediff.com14 Jul 2021

Recently, an Air India flyer sent a legal notice to the airline seeking damages of Rs 30 lakh for the breach of personal data of 4.5 million passengers, including her husband and herself. Air India had informed the complainant of the data leak a month earlier, after it emerged that its passenger service system provider fell prey to a cyberattack in February. However, in the absence of a data protection law, India lacks a mechanism for compensation or grievance redress of consumers in such cases, say experts. Advocate Virag Gupta, a New Delhi-based cyber law expert, explains that a legal notice is a good beginning in the Air India case, but it raises many questions. These include whether sensitive personal information has been leaked and whether the airline is responsible or not, given that a passenger service system provider was also involved.

Govt and the bogey of content regulation

Govt and the bogey of content regulation

Rediff.com13 Feb 2021

Even if it wants to censor what you read, watch, or consume, the amount of content online is so huge that it is physically impossible for any government to do it, notes Vanita Kohli-Khandekar.

Back to the wall, will Choksi still manage to pull off a trick or two?

Back to the wall, will Choksi still manage to pull off a trick or two?

Rediff.com12 Jun 2021

Given how everything has played out, Mehul Choksi, now 62, achieved all that he wanted but for all the wrong reasons, says Pavan Lall.

Ecomm firms ramp up as Omicron forces customers online

Ecomm firms ramp up as Omicron forces customers online

Rediff.com8 Jan 2022

Besides growing tech and digital enhancements, the firms are ramping up the hiring of more delivery partners and reinforcing existing Covid protocols.

I know what you did on Tuesday night, Piyush Goyal tells jewellers

I know what you did on Tuesday night, Piyush Goyal tells jewellers

Rediff.com29 Nov 2016

The minister asked jewellers not to recover transaction charges for use of debit or credit cards from customers.

MFs add over Rs 4 lakh cr to asset base in 2019, expects momentum to continue

MFs add over Rs 4 lakh cr to asset base in 2019, expects momentum to continue

Rediff.com25 Dec 2019

It was because of strong inflows into debt-oriented schemes that saved 2019 from being a "dark-dull year of investing" as inflows into equity funds has dropped this year due to a volatile market.

BCCI set to launch vaccination drive for cricketers

BCCI set to launch vaccination drive for cricketers

Rediff.com30 Jan 2021

'We are working on having the IPL in India and we are hopeful that we would be able to organise it'

'Why India' to 'Why Not India': Modi on change his reforms have brought

'Why India' to 'Why Not India': Modi on change his reforms have brought

Rediff.com19 Dec 2020

Prime Minister Narendra Modi on Saturday hard sold his government's reforms spanning from manufacturing to taxation to labour, saying they have changed the world perception about the country from 'why India' to 'why not India' and went on to quote record foreign investment during the pandemic as a testimony to that. Speaking at industry association Assocham's Foundation Week event, Modi also said agriculture reforms brought by his government six months back have started benefiting farmers. The reforms in the last six years have influenced in changing the sentiment of the industry from 'why India' to 'why not India' in investing.

24 new ministers take oath in Gujarat, team Rupani out

24 new ministers take oath in Gujarat, team Rupani out

Rediff.com17 Sep 2021

Governor Acharya Devvrat administered the oath to 10 cabinet ministers and 14 ministers of state, including five ministers of state with independent charge.

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