News for 'Industrial Development Bank of India'

Money Courses To Help Earn Up To Rs 2 Cr

Money Courses To Help Earn Up To Rs 2 Cr

Rediff.com13 Sep 2024

Pratham Barot, CEO and co-founder, Zell Education, explains how specialised courses in finance can help you earn a cushy six-figure salary.

Buy Health Insurance Or Invest In FD?'

Buy Health Insurance Or Invest In FD?'

Rediff.com13 Mar 2025

Ask rediffGURU and PF expert Milind Vadjikar your insurance, stocks, mutual fund and personal finance-related questions.

India's water crisis detrimental to credit health, warns Moody's

India's water crisis detrimental to credit health, warns Moody's

Rediff.com25 Jun 2024

Moody's Ratings on Tuesday said India's growing water shortage can disrupt farm and industry sectors and is detrimental to the credit health of the sovereign as rising food inflation and decline in income may spark social unrest. It said decreases in water supply can disrupt agricultural production and industrial operations, resulting in inflation in food prices and hence can be detrimental to credit health of sectors that heavily consume water, such as coal power generators and steel-makers.

CBIC clarifies rules, says no GST to apply on pre-paid gift vouchers, cards

CBIC clarifies rules, says no GST to apply on pre-paid gift vouchers, cards

Rediff.com2 Jan 2025

In a recent clarification, the Central Board of Indirect Taxes and Customs (CBIC) provided insights into the goods and services tax (GST) treatment of transactions involving vouchers. According to the CBIC, vouchers can be categorised into two types.

'Banking system has learnt lessons from 2008 crisis'

'Banking system has learnt lessons from 2008 crisis'

Rediff.com15 Mar 2024

'They have since only tried to improve systems. Also, with regulatory guidance from time to time, we are in a position to assess a situation and react in time.'

HDFC, IDBI banks to appeal demat ban

HDFC, IDBI banks to appeal demat ban

Rediff.com29 Apr 2006

HDFC Bank had opened multiple demand accounts which were used for manipulation of the IPO allotment process in the last few years, but those were not held in benami names.

Will Budget Help BJP Bag Delhi?

Will Budget Help BJP Bag Delhi?

Rediff.com4 Feb 2025

Banking on the Budget's tax relief, the BJP seeks to energise Delhi's middle class; the AAP is doing its bit too. But will their outreach mobilise this politically crucial yet disengaged electorate?

Banks, FIs cream bull run

Banks, FIs cream bull run

Rediff.com21 Aug 2003

ChatGPT Vs DeepSeek: The Plot Thickens

ChatGPT Vs DeepSeek: The Plot Thickens

Rediff.com18 Feb 2025

The tech community, which was getting ready to use the ChatGPT fever and raise unlimited capital for their businesses, is going to face tougher obstacles now, predicts Ajit Balakrishnan.

The new rankings in banking

The new rankings in banking

Rediff.com30 Jul 2004

Plan panel against IDBI as bank

Plan panel against IDBI as bank

Rediff.com24 Jan 2003

How Gujarat is luring investors with industrial parks

How Gujarat is luring investors with industrial parks

Rediff.com14 Nov 2014

Companies are drawn to the parks by the infrastructure and ready-to-occupy land.

Employees want IFCI to merge with a strong bank

Employees want IFCI to merge with a strong bank

Rediff.com19 Aug 2003

The employees associations of Industrial Finance Corporation of India have requested the government to merge it with a strong bank or financial institution.

IPO scam: RBI fines HDFC Bank, IDBI

IPO scam: RBI fines HDFC Bank, IDBI

Rediff.com28 Feb 2006

Sidbi to ink tie-up pact with banks

Sidbi to ink tie-up pact with banks

Rediff.com11 Aug 2003

The Small Industries Development Bank of India will soon ink a strategic tie-up agreement with a commercial bank for extending direct credit facilities to the small-scale sector.

IDBI retail banking operations from April

IDBI retail banking operations from April

Rediff.com10 Feb 2004

The Industrial Development Bank of India will start its retail banking operation with 100-odd branches from April this year, its chairman M Damodaran said in New Delhi on Tuesday.

Meet Nirmalaji's Budget Team

Meet Nirmalaji's Budget Team

Rediff.com30 Jan 2025

This will be the first full-year Budget of the BJP-led National Democratic Alliance government since it came to power for a third consecutive term in July last year.

Maruti Rolls Out Scheme To Encourage EV Adoption

Maruti Rolls Out Scheme To Encourage EV Adoption

Rediff.com31 Jan 2025

MSIL, which currently has a subscription service that allows customers to lease its petrol-run and strong hybrid vehicles on a flexible, long-term basis without ownership commitments, will introduce a leasing service as well.

Chidambaram to meet bank chiefs on Nov 4

Chidambaram to meet bank chiefs on Nov 4

Rediff.com31 Oct 2008

Union Finance Minister P Chidambaram will meet the heads of public sectors banks and financial institutions, like IFCI and Small Industries Development Bank of India (Sidbi) on Tuesday to review their performance for the second quarter ended September 2008.

Foreign Brands Are Eyeing India Again

Foreign Brands Are Eyeing India Again

Rediff.com28 Sep 2024

Whether it's Carrefour, Ford, or other foreign majors, they are ready to adjust their strategies and design their plans in a way that would address the Indian consumption story.

Why CEOs, Bankers Want To Be Like Bumrah

Why CEOs, Bankers Want To Be Like Bumrah

Rediff.com7 Jan 2025

From CEOs to RBI governors, cricket's rich imagery and strategy resonate deeply with leadership, uncertainty, and decision-making across industries and global diplomacy, points out Suveen Sinha.

Budget: Why exporters are seeking Rs 750 cr from Sitharaman

Budget: Why exporters are seeking Rs 750 cr from Sitharaman

Rediff.com26 Dec 2024

Exporters on Thursday sought a fund of Rs 750 crore for three years to tap USD 25 billion export potential in the US, aiming to seize potential opportunities that may arise as the US President-elect, Donald Trump, has threatened to impose high tariffs on Chinese goods. In its pre-Budget meeting with the finance ministry, Federation of Indian Export Organisations (FIEO) President Ashwani Kumar has also demanded extension of the five per cent Interest Equalisation Scheme (IES).

'Govt Unsure How To Fire Economy Upwards'

'Govt Unsure How To Fire Economy Upwards'

Rediff.com6 Feb 2025

'I am optimistic about the Budget because of the fiscal discipline the government has committed to.'

Aim to make India core in global energy revolution: Ola Electric

Aim to make India core in global energy revolution: Ola Electric

Rediff.com1 Jul 2024

In March 2021, Ola Electric founder Bhavish Aggarwal was seen surveying an empty 500-acre land surrounded by shoe factories, temples, bakery shops, coconut trees and dusty roads in Pochampalli town of Krishnagiri district, Tamil Nadu. Many excavators and workers were busy at the construction site to build the Ola Futurefactory for electric vehicles.

Financial sector outlook appears bright, but needs to brace for vulnerabilities: Survey

Financial sector outlook appears bright, but needs to brace for vulnerabilities: Survey

Rediff.com22 Jul 2024

The outlook for India's financial sector appears bright, but it needs to brace for likely vulnerabilities, said Economic Survey 2023-24 tabled in Parliament on Monday. The Indian financial sector is at a "turnpike moment", it said, adding that the dominance of banking support to credit is being reduced, and the role of capital markets is rising. For a country that aspires to be a developed nation by 2047, this is a long-awaited and welcome development, it said.

RBI Guv Shaktikanta Das to demit office on Tuesday

RBI Guv Shaktikanta Das to demit office on Tuesday

Rediff.com9 Dec 2024

Shaktikanta Das will demit the office on Tuesday after completing six years as the 25th Governor of the Reserve Bank of India. Revenue Secretary Sanjay Malhotra will replace him as the 26th Governor. He was appointed as the Governor on December 12, 2018, after the abrupt exit of Urjit Patel.

IDBI Bank, IDBI set to finalise merger

IDBI Bank, IDBI set to finalise merger

Rediff.com19 Jan 2005

IDBI will finalise on Thursday the scheme for merging with itself its private banking arm IDBI Bank.

IDBI to be merged into IDBI Bank

IDBI to be merged into IDBI Bank

Rediff.com2 Aug 2003

The Industrial Development Bank of India will be merged into its subsidiary IDBI Bank, in a reverse merger on similar lines as the merger of ICICI into its subsidiary ICICI Bank.

FinMin list ready for CMDs, EDs at 11 banks

FinMin list ready for CMDs, EDs at 11 banks

Rediff.com22 Mar 2010

PSB may get its first non-Sikh at the helm, vigilance clearances are awaited.

Stocks Crash: Worst Week in Years

Stocks Crash: Worst Week in Years

Rediff.com21 Dec 2024

The week's losses wiped out investor wealth worth Rs 18.43 trillion, with the total market capitalisation of BSE-listed firms now at Rs 441 trillion.

Rs 1.2 Lakh Scholarship For Entrance Exam Coaching

Rs 1.2 Lakh Scholarship For Entrance Exam Coaching

Rediff.com28 Nov 2024

Students from de-notified tribes, nomadic tribes and semi-nomadic tribes will receive coaching fees of up to 1,20,000 and additional benefits for preparing for entrance examinations such as JEE, NEET, CLAT and the NDA.

Trump 2.0: Will Bulls Run Amok?

Trump 2.0: Will Bulls Run Amok?

Rediff.com8 Nov 2024

'Investors looking at the next 6-12 months can be certain that the Fed will maintain its easing cycle, and we expect the overall environment to be conducive for fixed income investments for portfolio diversification.'

Tapping into India's talent, GCCs eye revenue goldmine

Tapping into India's talent, GCCs eye revenue goldmine

Rediff.com28 Mar 2024

Global capability centres (GCCs) are increasingly looking to tap into revenue opportunities from the Indian market, which is already a critical talent hub. While capturing the potential of the Indian market has been in the works over the past few years, it's only of late that companies are gaining momentum. India is home to more than 1,580 GCCs, with a total market size of $46 billion and growing at a compound annual growth rate (CAGR) of 11.4 per cent, according to a Nasscom-Zinnov report.

High-level delegation of US pension funds to visit India next week

High-level delegation of US pension funds to visit India next week

Rediff.com6 Sep 2024

A delegation of high-level executives from US public pension funds (non-profit and government sectors) is visiting India next week to assess and familiarise themselves with the investment opportunities in the country. These executives belong to various American states and cumulatively represent $1.8 trillion in assets under management (AUM) invested across the US and global markets. The United States (US) mission to India, which includes its embassy and consulates and the Department of Treasury, along with India's Ministry of Finance and the National Investment and Infrastructure Fund (NIIF), is hosting the delegation.

Have Indian regulators made the system more transparent?

Have Indian regulators made the system more transparent?

Rediff.com8 Oct 2024

Union Finance Minister Nirmala Sitharaman on Tuesday commended Indian financial sector regulators for doing a "world-class job" and bringing greater transparency into the system. Underlining that she is not against questioning or critiquing regulators, Sitharaman said there is a need to be "extremely conscious" about contributions made by them as well. Speaking at the Financial Express Best Banks Awards, the finance minister said, "I strongly recommend that facts are taken on board before we discuss anything to do with the regulators, strictly speaking."

Union Budget 2024 remains largely neutral for stock markets in India

Union Budget 2024 remains largely neutral for stock markets in India

Rediff.com25 Jul 2024

Overall market reaction to the Budget was neutral. Investors absorbed the changes to the tax rates (positive for salaried class) and capital gains taxes (CGTs, negative due to the removal of indexation and increases. Other proposals largely pertain to supporting rural development, buybacks taxed as dividends, Custom duty changes that impact multiple sectors, higher outlays for clean energy, etc. There's some moderation in the growth of capex outlay across defence, fer

Yogi Goes All Out For Flawless Mahakumbh

Yogi Goes All Out For Flawless Mahakumbh

Rediff.com24 Dec 2024

For Yogi Adityanath the successful management of the fair is a crucial part of building 'Brand UP' and making the state a $1 trillion economy.

India, US settle final trade dispute at WTO

India, US settle final trade dispute at WTO

Rediff.com8 Sep 2023

India and the US have settled the last trade dispute at the World Trade Organization (WTO) over poultry products, according to a joint statement released on Friday. With this, the two countries have mutually resolved all the seven pending trade disputes at the WTO. "The leaders lauded the settlement of the seventh and last outstanding WTO dispute between India and the United States.