News for 'Line of Credit'

EPFO Interest Credit: What You Should Know

EPFO Interest Credit: What You Should Know

Rediff.com20 Jul 2026

Millions of EPFO subscribers can now check whether 8.25% annual interest for FY2025-26 has been credited to their provident fund accounts.

Neeraj Chopra's 'one line' advice helped Yashvir Singh clinch CWG bronze

Neeraj Chopra's 'one line' advice helped Yashvir Singh clinch CWG bronze

Rediff.com3 Aug 2026

Indian javelin thrower Yashvir Singh credited Olympic champion Neeraj Chopra's last-second advice for his bronze medal-winning throw of 85.41m at the Glasgow Commonwealth Games, a personal best that propelled him from seventh to third place.

Bank Credit Growth Hits Two-Year High, Deposits Mobilise Rs 7 Trillion

Bank Credit Growth Hits Two-Year High, Deposits Mobilise Rs 7 Trillion

Rediff.com11 Jul 2026

Commercial banks in India recorded their highest credit growth in two years, accelerating to 18.6 per cent year-on-year by June 27, while also mobilising nearly 7 trillion in deposits, marking the third-highest fortnightly deposit growth in 29 years.

What Is Driving India's Outreach To Neighbours?

What Is Driving India's Outreach To Neighbours?

Rediff.com7 hours ago

India has significantly increased its diplomatic engagements with Bhutan, Nepal, Bangladesh and the Maldives.

All about UPI charges: Will merchants pass on MDR to customers?

All about UPI charges: Will merchants pass on MDR to customers?

Rediff.com7 days ago

The Indian government has introduced a 0.4 per cent Merchant Discount Rate (MDR) on UPI payments exceeding Rs 2,000 made to merchants, effective from October 15, with a comprehensive framework set to take full effect by October 15, 2026. This policy aims to regulate transaction fees while protecting small merchants and person-to-person transactions.

India survive mighty scare against Japan in rain-hit T20I

India survive mighty scare against Japan in rain-hit T20I

Rediff.com1 days ago

Seasoned spinner Axar Patel delivered a crucial final over, helping India clinch a narrow two-run victory against Japan in a rain-curtailed one-off T20 International in Sano, despite a challenging pitch and a low-scoring affair.

New UPI MDR Fee Could Push Small Retailers Back To Cash, Warns RAI

New UPI MDR Fee Could Push Small Retailers Back To Cash, Warns RAI

Rediff.com7 days ago

The Retailers Association of India (RAI) has voiced concerns that the government's new 0.4 per cent Merchant Discount Rate (MDR) on UPI transactions above Rs 2,000 could reverse the progress of digital payment adoption among small retailers. This fee, effective October 15, places the burden on merchants operating on thin margins, potentially pushing them back to cash transactions and undermining the government's formalisation agenda, especially ahead of the festive season.

Vibe Review: More Ridiculous Than Funny

Vibe Review: More Ridiculous Than Funny

Rediff.com5 days ago

Despite occasional bursts of spunky comedy, the madness simply doesn't land as expected, and the overall vibe feels off with Vibe.

Govt Deliberates Allowing Airport Operators to Own Airlines Amid Conflict of Interest Concerns

Govt Deliberates Allowing Airport Operators to Own Airlines Amid Conflict of Interest Concerns

Rediff.com5 hours ago

Civil Aviation Minister Kinjarapu Rammohan Naidu stated that no decision has been made regarding allowing Delhi and Mumbai airport operators to own and run airlines, as the government is carefully considering the implications of relaxing cross-ownership restrictions, including potential conflicts of interest and the need for more airlines.

Understanding The New UPI Transaction Fees For Merchants

Understanding The New UPI Transaction Fees For Merchants

Rediff.com7 days ago

The Indian government has introduced a 0.4% transaction fee on Unified Payments Interface (UPI) payments exceeding Rs 2,000 for merchants, effective October 15, marking the end of nearly six years of free service. Person-to-person transfers and small-value transactions below Rs 2,000 remain free. The new Merchant Discount Rate (MDR) is capped at Rs 300 for transactions above Rs 75,000, with differentiated rates for essential sectors and investments, and safeguards to prevent costs from being passed to consumers.

Does GPay/PhonePe Affect CIBIL Score?

Does GPay/PhonePe Affect CIBIL Score?

Rediff.com21 Aug 2026

It's not about how much you earn -- it's about how you borrow and repay.

Why Is Colombo Still Biased Against Jaffna?

Why Is Colombo Still Biased Against Jaffna?

Rediff.com6 days ago

'The way the government behaves, sometimes I ask myself: Are not Tamils Sri Lankans too? Why do you discriminate so much?'

Ravi Kishan: 'People Threw Stones At Me'

Ravi Kishan: 'People Threw Stones At Me'

Rediff.com2 days ago

'I have seen all the storms and floods. I have crawled and reached here.'

UPI payments above Rs 2,000 to merchants to attract 0.4% MDR from Oct 15

UPI payments above Rs 2,000 to merchants to attract 0.4% MDR from Oct 15

Rediff.com7 days ago

The Indian government has introduced a 0.4% Merchant Discount Rate (MDR) on UPI person-to-merchant (P2M) transactions exceeding Rs 2,000, effective October 15. This move ends nearly six years of fully free UPI payments, though person-to-person (P2P) transfers and small P2M payments remain free. The charges aim to bolster investment in UPI infrastructure, with specific exemptions and caps for essential sectors.

'I'm here with my homies': Shelton's US Open fairytale

'I'm here with my homies': Shelton's US Open fairytale

Rediff.com12 Sep 2026

Ben Shelton has reached his first Grand Slam final at the U.S. Open, defeating compatriot Frances Tiafoe. He credits his newfound consistency for this breakthrough. Shelton will face Alexander Zverev in the final, aiming to end a 23-year American drought for a men's singles Grand Slam champion and become the first Black American man to win the New York title since Arthur Ashe in 1968. He expresses excitement and a business-like approach despite the nerves.

CII seeks fiscal support, credit lines for industries hit by West Asia conflict

CII seeks fiscal support, credit lines for industries hit by West Asia conflict

Rediff.com6 Apr 2026

The Confederation of Indian Industry (CII) has proposed a 20-point policy agenda to the finance ministry, including a conflict-linked emergency credit line guarantee scheme and tax rationalisation on energy inputs, to support MSMEs, exporters, and energy-intensive industries affected by the ongoing West Asia war.

India crush Sri Lanka for record women's T20 Asia Cup crown

India crush Sri Lanka for record women's T20 Asia Cup crown

Rediff.com14 Sep 2026

Shafali Verma and Smriti Mandhana's explosive partnership propelled India to 183/5 in the Women's T20I Asia Cup final against Sri Lanka. Despite a late slowdown, their record-breaking fifties laid a strong foundation for India's innings.

Why I Refuse To Romanticise The 1980s

Why I Refuse To Romanticise The 1980s

Rediff.com14 Sep 2026

Some decades are worth remembering exactly as they were, unfiltered, because that's the only way the people who survived them get to be seen at all, points out Binu Alex.

2nd Test: Gill declares 'Test cricket won' after Sri Lanka's gritty fightback

2nd Test: Gill declares 'Test cricket won' after Sri Lanka's gritty fightback

Rediff.com27 Aug 2026

Shubman Gill hailed Sri Lanka's gritty resistance after Sonal Dinusha's second century forced India to settle for a draw in the second Test.

Jai Jai Ram: A R Rahman's Next Devotional Hit?

Jai Jai Ram: A R Rahman's Next Devotional Hit?

Rediff.com15 Sep 2026

Jai Jai Ram may not have the lyrical punch of A R Rahman's earlier devotional tracks, but Shreya Ghoshal and Arijit Singh's vocals give this Ramayana anthem the spiritual grandeur it needs.

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.

'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.

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.

Is Paying Through Your Bank Safer Than UPI?

Is Paying Through Your Bank Safer Than UPI?

Rediff.com2 Sep 2026

Can your money be protected against online frauds like hacking, digital arrests, etc?

Gandhari Review: Taapsee's Blind Fury Lacks Logic

Gandhari Review: Taapsee's Blind Fury Lacks Logic

Rediff.com3 Sep 2026

All of Gandhari's attempts to shroud itself in mystery are laughable, sighs Sukanya Verma.

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.

Women's Asia Cup: Record-Breaking Smriti Mandhana Powers India To Semis With Huge Win Over Hong Kong

Women's Asia Cup: Record-Breaking Smriti Mandhana Powers India To Semis With Huge Win Over Hong Kong

Rediff.com3 Sep 2026

Smriti Mandhana breaks plethora of records as India outplay Hong Kong by 137 runs on Thursday to enter Women's Asia Cup semi-final.

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.'

PSBs' Profit Nearly Trebles in Five Years to Record Rs 1.98 Trillion

PSBs' Profit Nearly Trebles in Five Years to Record Rs 1.98 Trillion

Rediff.com29 Jul 2026

India's public sector banks (PSBs) have seen their net profit nearly treble over the past five years, reaching a record Rs 1.98 trillion in FY26, driven by significant improvements in asset quality and sustained lending growth across key economic sectors.

League Cup: Leeds beat Forest again; Brentford rout Birmingham City

League Cup: Leeds beat Forest again; Brentford rout Birmingham City

Rediff.com26 Aug 2026

Leeds United defeated Nottingham Forest 2-0 to advance to the third round of the League Cup, marking their second victory over Forest in four days.

'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.'

'If Inflation Persists, MPC May Review Policy Rates'

'If Inflation Persists, MPC May Review Policy Rates'

Rediff.com2 Sep 2026

'A balance had to be struck between the economic cost of taking action at this point against the need not to fall behind the curve in controlling inflation and anchoring inflation expectations.'

Haiwaan Trailer: Akshay Kumar Goes Psycho

Haiwaan Trailer: Akshay Kumar Goes Psycho

Rediff.com25 Aug 2026

Akshay Kumar and Saif Ali Khan reunite in Priyadarshan's dark thriller Haiwaan where Kumar portrays a psychopathic villain and Khan a visually impaired hero.

India-China Rivalry Tests BRICS' Future

India-China Rivalry Tests BRICS' Future

Rediff.com8 Sep 2026

India and China are in what experts call 'a cooperation-versus-competition situation'.

Why Are Thousands of GST Appeals Pending?

Why Are Thousands of GST Appeals Pending?

Rediff.com24 Aug 2026

GSTAT has crossed 75,000 filings but disposed of only 83 cases, highlighting the huge backlog facing India's new GST appeals tribunal.

10 Must Watch Taapsee Pannu Films

10 Must Watch Taapsee Pannu Films

Rediff.com4 Sep 2026

From Pink and Thappad to Aadukalam and Game Over, these 10 films showcase Taapsee Pannu at her most powerful and versatile.

Manav Suthar's secret to Galle success: Preparation, patience and Jadeja's influence

Manav Suthar's secret to Galle success: Preparation, patience and Jadeja's influence

Rediff.com17 Aug 2026

Manav Suthar, a left-arm spinner, delivered an exceptional four-wicket haul against Sri Lanka in the first Test, attributing his success to a pre-series training stint at the BCCI Centre of Excellence. His performance, including dismissing Dinesh Chandimal with his first ball, was crucial in keeping the Lankans in check despite a strong partnership. Suthar also highlighted the learning experience from bowling alongside Ravindra Jadeja.

5 Entities With 62% Voting Rights Behind Subhash Chandra's Rs 6.5 Cr Insolvency Plan Getting NCLT Nod

5 Entities With 62% Voting Rights Behind Subhash Chandra's Rs 6.5 Cr Insolvency Plan Getting NCLT Nod

Rediff.com30 Aug 2026

The National Company Law Tribunal (NCLT) has approved media baron Subhash Chandra's personal insolvency resolution plan, which proposes to pay Rs 6.5 crore against admitted creditor claims of approximately Rs 22,006.57 crore, despite allegations from dissenting lenders that five family-linked entities controlled 61.78 per cent of the voting share.

Bajaj Finance's Strong Q1 FY27 Performance Driven by AUM Growth, Digital Initiatives

Bajaj Finance's Strong Q1 FY27 Performance Driven by AUM Growth, Digital Initiatives

Rediff.com9 Aug 2026

Bajaj Finance reported a strong Q1 FY27 performance with 24 per cent year-on-year AUM growth and a 28 per cent rise in consolidated profit after tax, driven by significant increases in consumer financing, gold loans, and commercial vehicle loans, alongside a strategic focus on digital transformation and AI.

5 Reasons Why Toxic Is A 'Tabaahi' Of Our Expectations

5 Reasons Why Toxic Is A 'Tabaahi' Of Our Expectations

Rediff.com27 Aug 2026

Toxic looks spectacular, but beneath its glossy, brutally violent exterior lies a hollow, confused film that mistakes style and swagger for substance, observes Sreeju Sudhakaran.