News for 'Credit'

RBI Deputy Governor flags systemic risk from financial institutions' reliance on common tech providers

RBI Deputy Governor flags systemic risk from financial institutions' reliance on common tech providers

Rediff.com10 Sep 2026

Reserve Bank of India (RBI) Deputy Governor Rohit Jain has warned that financial institutions' increasing reliance on a small number of common technology providers, including cloud and AI model providers, could create a new source of systemic risk. He highlighted 'speed, concentration and opacity' as key risks, noting that a disruption at one provider could rapidly spread across multiple institutions, amplifying existing financial risks.

Beckham hails Messi: 'Your Legacy Will Live Forever'

Beckham hails Messi: 'Your Legacy Will Live Forever'

Rediff.com1 Sep 2026

England football icon David Beckham has paid tribute to Lionel Messi, calling him a 'credit to himself' and an 'inspiration for millions' after the Argentina legend announced his retirement from international football.

Shafali Verma Highlights India's Batting Challenges On Turning Pitches

Shafali Verma Highlights India's Batting Challenges On Turning Pitches

Rediff.com31 Aug 2026

India opener Shafali Verma acknowledged the team's batting unit needs to address its shortcomings on turning pitches, despite securing a 94-run victory against Thailand in the Women's Asia Cup opener. Verma, who scored a brisk 64, noted that while the new ball came on well, the older ball gripped and turned, causing difficulties for the middle order. She emphasised the need for adaptation and praised Thailand's improving performance.

The Big Boom In Gold Loans

The Big Boom In Gold Loans

Rediff.com22 Aug 2026

Gold loans accounted for 41 per cent of retail loan disbursements in FY26, up sharply from 18 per cent in FY23 and 20 per cent in FY24.

Naomi Osaka survives Elise Mertens scare to enter fourth

Naomi Osaka survives Elise Mertens scare to enter fourth

Rediff.com6 Sep 2026

Naomi Osaka, the 13th seed, secured a hard-fought victory over Elise Mertens at the US Open, winning 6-3, 3-6, 7-5 to progress to the fourth round. Despite moments of frustration and a medical timeout, the two-time champion showcased her resilience to clinch the win.

'My Rhythm Wasn't Quite There': Siraj On Why He Struggled In Sri Lanka Tests

'My Rhythm Wasn't Quite There': Siraj On Why He Struggled In Sri Lanka Tests

Rediff.com11 Sep 2026

India pacer Mohammad Siraj has attributed his drop in pace and rhythm since the recent tour of Sri Lanka to an extended two-month break.

SKM ends dharna after Punjab govt's assurance on key demands

SKM ends dharna after Punjab govt's assurance on key demands

Rediff.com8 Sep 2026

The Samyukta Kisan Morcha (SKM) has ended its protest at the Chandigarh-Mohali border after receiving written assurances from the Punjab government. The government has pledged to convene a state Assembly session within a month to address issues concerning river waters, agriculture, and farmer loans, including resolutions against old water agreements and certain central bills.

Why 9/11 Still Matters

Why 9/11 Still Matters

Rediff.com11 Sep 2026

On the 25th anniversary of that world-changing morning in New York, it is also for the rest of to reflect. Not only on those who were killed but also on why the event happened and what led to it and what came after it, asserts Aakar Patel.

British parentage, Indian ownership: The Royal Enfield Story

British parentage, Indian ownership: The Royal Enfield Story

Rediff.com4 Sep 2026

"When Royal Enfield turned 100, we were struggling for survival"

Shubman Gill Turns 27: The Key Milestones That Define India's Young Captain

Shubman Gill Turns 27: The Key Milestones That Define India's Young Captain

Rediff.com8 Sep 2026

Shubman Gill, India's Test and ODI captain, celebrated his 27th birthday, marking a remarkable journey from a young prodigy to a dependable leader and cornerstone of the Indian batting line-up, with impressive records across all formats.

Marijne Hails Indian Women's Hockey Team's Historic World Cup Performance

Marijne Hails Indian Women's Hockey Team's Historic World Cup Performance

Rediff.com27 Aug 2026

Indian women's hockey coach Sjoerd Marijne expressed satisfaction with the team's fifth-place finish at the World Cup, their best in 52 years, after defeating Germany 3-1. He highlighted the achievement as a significant confidence boost for the upcoming Asian Games, emphasising the young team's potential and the need for continued focus on their own game and consistency.

Vijay Deverakonda's Heartwarming Family Moment

Vijay Deverakonda's Heartwarming Family Moment

Rediff.com20 Aug 2026

Vijay Deverakonda shared a heartwarming photograph of him napping with his parents in his favourite childhood spot.

Super.money Unveils SplitStore For Gen Z Buyers

Super.money Unveils SplitStore For Gen Z Buyers

Rediff.com6 Aug 2026

Flipkart-backed Scapic Innovations, operating as super.money, has launched splitStore, a credit-linked e-commerce platform targeting Gen Z. It allows customers to split payments into interest-free installments, with the goal of contributing 20% to total revenue by December and transforming how India shops by providing instant access to products for new-to-credit users.

Atiqa Mir's fighting spirit shines in Italy karting run

Atiqa Mir's fighting spirit shines in Italy karting run

Rediff.com2 Sep 2026

Indian karting sensation Atiqa Mir achieved two top-four finishes in Round 1 of the WSK Final Cup in Franciacorta, Italy, despite facing setup issues and a crash in the final. Her performance showcased resilience and race craft against a competitive field of 72 drivers.

OpenAI launches GPT-6 Astra, calls it 'world's most intelligent' AI model

OpenAI launches GPT-6 Astra, calls it 'world's most intelligent' AI model

Rediff.com4 Sep 2026

OpenAI has officially launched GPT-6 Astra, hailed as 'the world's most intelligent and aligned model,' designed to excel in computer browsing, software engineering, mathematics, and enterprise workflows, with immediate deployment for select organisations.

Credit Card Transactions Soar 2.6x, Private Banks Dominate

Credit Card Transactions Soar 2.6x, Private Banks Dominate

Rediff.com18 May 2026

Credit card transactions in India have surged over 2.6 times between 2021 and 2025, reaching 570 crore volumes and Rs 23.2 lakh crore in value, with private sector banks significantly increasing their market share, according to a recent RBI report.

Google Asked To Urgently Remove Fake Bank Web Sites

Google Asked To Urgently Remove Fake Bank Web Sites

Rediff.com22 Aug 2026

Phishing sites mimicked SBI, ICICI Bank and Axis Bank to steal card details and OTPs.

HDFC Bank's Next CEO Faces Big Test

HDFC Bank's Next CEO Faces Big Test

Rediff.com1 Sep 2026

'The changes in its leadership team will help address the scepticism that has engulfed the bank over the recent period.'

Mammootty@75: His 10 Funniest Films

Mammootty@75: His 10 Funniest Films

Rediff.com7 Sep 2026

From Kottayam Kunjachan to Unda, here are 10 Mammootty films that prove the megastar can be every bit as entertaining as he is intense.

What If the Biggest Bank Fraud Risk Is An Employee?

What If the Biggest Bank Fraud Risk Is An Employee?

Rediff.com21 Aug 2026

Bank fraud is no longer just an external cyber threat -- insiders with legitimate access can exploit banking systems, trusted credentials and institutional blind spots to quietly siphon money.

Aditya Birla Capital targets 1,000 gold loan branches in three years

Aditya Birla Capital targets 1,000 gold loan branches in three years

Rediff.com20 Aug 2026

Aditya Birla Capital has entered the gold loan business, aiming to establish 1,000 branches within three years, capitalising on the strong structural growth and surge in demand for gold-backed credit in India.

Gurbaz credits Gambhir after slamming century against India

Gurbaz credits Gambhir after slamming century against India

Rediff.com13 Jun 2026

Afghanistan opener Rahmanullah Gurbaz credited India head coach Gautam Gambhir for his technical inputs after smashing a 51-ball 102 in the rain-hit first One-Day International.

SBI MD Highlights Need For Alternative Data In MSME Lending

SBI MD Highlights Need For Alternative Data In MSME Lending

Rediff.com11 Aug 2026

A top SBI official has highlighted the challenges bankers face in lending to MSMEs using only GST data, advocating for the integration of alternative data sources like power consumption and telecom records through credit bureaus to improve credit assessment.

Major Financial Institutions Expand Reach And Offerings

Major Financial Institutions Expand Reach And Offerings

Rediff.com17 Aug 2026

Axis Bank has opened 50 new branches across India, while Abakkus Mutual Fund has surpassed Rs 10,000 crore in AUM. YES Bank launched a new credit card for women, and J&K Bank partnered with HDFC Life to enhance its insurance offerings, showcasing significant growth and strategic developments in the Indian financial sector.

Mukesh Ambani: 'When Women of India Rise, India Rises'

Mukesh Ambani: 'When Women of India Rise, India Rises'

Rediff.com11 Sep 2026

'When the women of India become unstoppable, India becomes unstoppable.'

How K L Rahul's advice helped this UP batter overcome tough times

How K L Rahul's advice helped this UP batter overcome tough times

Rediff.com1 Sep 2026

Kashi Rudras captain Karan Sharma revealed that a conversation with KL Rahul during his Lucknow Super Giants stint profoundly influenced his cricketing philosophy, with Rahul's advice to prioritise the process over results helping him navigate challenging phases and slumps.

Coach Marijne Defends Pre-World Cup Leave, Reflects On Team's Performance

Coach Marijne Defends Pre-World Cup Leave, Reflects On Team's Performance

Rediff.com28 Aug 2026

India women's hockey team chief coach Sjoerd Marijne addressed concerns regarding his pre-World Cup leave, asserting his continuous involvement in the team's preparations. He reflected on the team's creditable fifth-place finish at the World Cup, emphasising the need for sustained hunger and improvement. Marijne also discussed the advantages of his second stint, his focus on team discipline, and the positive impact of the Women's Hockey India League on player development.

Sachin Yadav Undergoes Elbow Surgery, Misses World Athletics Ultimate Championships

Sachin Yadav Undergoes Elbow Surgery, Misses World Athletics Ultimate Championships

Rediff.com3 Sep 2026

Top Indian javelin thrower Sachin Yadav has undergone elbow surgery, forcing him to miss the inaugural World Athletics Ultimate Championships in Budapest, despite being in a qualifying spot. He is currently undergoing rehabilitation and hopes to return next season.

How AI Will Revolutionise Healthcare And Empower Doctors

How AI Will Revolutionise Healthcare And Empower Doctors

Rediff.com7 Sep 2026

Prof Ajit Kumar Chaturvedi, Vice-Chancellor of Banaras Hindu University, highlighted Artificial Intelligence's transformative potential in healthcare, emphasising its role in augmenting doctors' capabilities and enhancing efficiency. Speaking at PGIMER's Foundation Day, he stressed the need for India to develop AI solutions tailored to its unique healthcare realities, moving beyond being a mere consumer of Western-trained systems. PGIMER Director Vivek Lal also detailed the institute's expansion and commitment to affordable healthcare.

BCCI Secretary Saikia Dismisses Rumours Over Rohit Sharma's Future

BCCI Secretary Saikia Dismisses Rumours Over Rohit Sharma's Future

Rediff.com3 Sep 2026

BCCI secretary Devajit Saikia addressed recent speculations regarding Rohit Sharma's future, chief selector Ajit Agarkar's contract extension, and VVS Laxman's potential appointment as director of cricket, dismissing all rumours after a review meeting.

'I Say 'Don't Cast Me, It's Bad For Your Film''

'I Say 'Don't Cast Me, It's Bad For Your Film''

Rediff.com29 Aug 2026

'I've 'de-sold' myself to a few films.'

Ben Shelton rallies to defeat Tallon Griekspoor at US Open

Ben Shelton rallies to defeat Tallon Griekspoor at US Open

Rediff.com1 Sep 2026

Eighth seed Ben Shelton recovered from a shaky start to beat Tallon Griekspoor 1-6, 6-1, 7-6(3), 6-2 in the first round of the US Open, despite enduring a disappointing run in this year's Grand Slams.

Man Held For Credit Card Fraud In Delhi

Man Held For Credit Card Fraud In Delhi

Rediff.com11 May 2026

Delhi Police have arrested a man from Bihar for allegedly committing credit card fraud of Rs 3.99 lakh. The accused used stolen credentials to make purchases through the victim's e-commerce account.

BWF Worlds: Lakshya Sen Suffers Shock Exit

BWF Worlds: Lakshya Sen Suffers Shock Exit

Rediff.com19 Aug 2026

Lakshya Sen suffered a shock second-round exit at the BWF World Championships after losing to USA's 18-year-old Garret Tan in a thrilling three-game contest in New Delhi on Wednesday.

Life After Leak: When Your Data Gets Stolen

Life After Leak: When Your Data Gets Stolen

Rediff.com18 Aug 2026

A data breach does not end when the headlines fade. For victims, stolen personal information can fuel fraud, identity theft and financial losses for years.

Prasidh Krishna: Aggression is in my bowling, not my demeanour

Prasidh Krishna: Aggression is in my bowling, not my demeanour

Rediff.com25 Aug 2026

Indian seamer Prasidh Krishna clarified that his aggression manifests through his intense and disciplined bowling, not his on-field behaviour, emphasising his adaptability to pitch conditions and team requirements.

Mammootty@75: His 10 Best Detective Dramas

Mammootty@75: His 10 Best Detective Dramas

Rediff.com10 Sep 2026

From Yavanika to The Truth, these 10 Mammootty films prove that the superstar has always had a nose for gripping mysteries and unforgettable investigators.

Commercial Vehicle Loans See Rising Delinquencies, Used Car Finance Surges: CRIF

Commercial Vehicle Loans See Rising Delinquencies, Used Car Finance Surges: CRIF

Rediff.com20 Aug 2026

Commercial vehicle loans recorded the highest early-stage delinquency among vehicle finance products, with portfolio at risk (PAR) 31-90 at 4.1 per cent in June 2026, while used car loans emerged as the fastest-growing segment, according to a CRIF High Mark report.

Deepti Sharma becomes leading wicket-taker in women's T20Is

Deepti Sharma becomes leading wicket-taker in women's T20Is

Rediff.com31 Aug 2026

Indian all-rounder Deepti Sharma has become the leading wicket-taker in women's T20 Internationals, surpassing previous records with 171 wickets. She achieved this milestone in her 150th T20I match, demonstrating her consistent performance and dedication to the team.

'HDFC Merger Contributed To HDFC Bank's Troubles'

'HDFC Merger Contributed To HDFC Bank's Troubles'

Rediff.com7 Sep 2026

'Once you're wrestling with making a merger of that scale value-accretive, you're also under pressure to keep growing the balance sheet and chasing liabilities, and other things start to slip as a consequence.'