News for 'Line of Credit'

PM grants $12m to Pacific island states, $150m line of credit

PM grants $12m to Pacific island states, $150m line of credit

Rediff.com25 Sep 2019

A release issued by the MEA said the meeting was attended by the heads of delegations of Fiji, Republic of Kiribati, Republic of Marshall Islands, Federated States of Micronesia, Republic of Nauru, Republic of Palau, Independent State of Papua New Guinea, The Independent State of Samoa, Solomon Islands, Kingdom of Tonga, Tuvalu and Republic of Vanuatu.

Is This A Good Time To Buy A House?

Is This A Good Time To Buy A House?

Rediff.com23 Sep 2024

Experts say you should be certain of living in a city and locality for a long time before purchasing a home.

Rohit slams batters after spin debacle in Sri Lanka

Rohit slams batters after spin debacle in Sri Lanka

Rediff.com8 Aug 2024

Rohit Sharma urged the Indian batters to have a 'serious look' at their individual plans against spin bowling.

Bowlers, Ravindra get captain's nod after historic win

Bowlers, Ravindra get captain's nod after historic win

Rediff.com20 Oct 2024

Latham also reminded his team not to lose focus on the second Test amid the revelries after winning the first match, as India has the firepower in its ranks to hit back.

Beware The American Deep State

Beware The American Deep State

Rediff.com11 Dec 2024

Do not underestimate the ingenuity of the Deep State in America to have its way. Keeping the guard down will be a catastrophic mistake on the part of the Delhi establishment. We could get hit when least expected. That's what happened in Bangladesh and Syria, warns Ambassador M K Bhadrakumar.

Defying age: Chhetri breaks ISL records

Defying age: Chhetri breaks ISL records

Rediff.com7 Dec 2024

At 40 years and 126 days, Sunil Chhetri became the oldest hat-trick scorer in the ISL history

Google Cloud's ambitious India plans

Google Cloud's ambitious India plans

Rediff.com6 Oct 2024

India is among the fastest-growing markets for Google in the cloud services segment, a senior executive has said, adding that the tech giant is looking to partner companies in their business transformation through its offerings. Google Cloud India is seeing an "increased adoption" of its offerings across segments from the public sector to small and medium businesses and from startups and digital-native companies, Google Cloud India vice president and country managing director Bikram Singh Bedi told PTI.

'200 cows, $200M lines of credit': Modi ends 2-day Rwanda visit

'200 cows, $200M lines of credit': Modi ends 2-day Rwanda visit

Rediff.com24 Jul 2018

Here are some of the glimpses of his visit.

Chess C'ship: Gukesh's miscalculation costs him Game 1

Chess C'ship: Gukesh's miscalculation costs him Game 1

Rediff.com25 Nov 2024

D Gukesh paid dearly for unwarranted complications in the middle game, allowing defending champion Ding Liren of China to clinch the opening game

'Game never done till it's done': Samson rues loss

'Game never done till it's done': Samson rues loss

Rediff.com3 May 2024

Rajasthan Royals skipper Sanju Samson said that even while it seemed his side was cruising to victory he was not certain they would get over the line given the unpredictable nature of the league.

Prosperity Is Not India's Birth Right

Prosperity Is Not India's Birth Right

Rediff.com30 Nov 2024

If growth reverts to the pre-Covid level, a lot of people may have to temper their rosy optimism, points out Debashis Basu.

Budget: Worst-hit sectors may get credit guarantee breather

Budget: Worst-hit sectors may get credit guarantee breather

Rediff.com14 Jan 2022

According to highly placed sources, the finance ministry is likely to extend ECLGS and other loan guarantee schemes for micro, small and medium enterprises (MSMEs), hospitality and tourism sector, and the health infrastructure beyond March 31, Business Standard has learnt. This is likely to be announced by Finance Minister Nirmala Sitharaman as part of her Budget speech on February 1.

Bhagwat's madrasa visit, meeting imams no deviation from Sangh line: RSS leader

Bhagwat's madrasa visit, meeting imams no deviation from Sangh line: RSS leader

Rediff.com23 Sep 2022

RSS chief Mohan Bhagwat's visit to a mosque and his meeting with the head of an organisation of imams were not a deviation from the outfit's line, its senior leader Indresh Kumar said on Friday.

Bank credit likely to grow at 4-year high of 11-12% in FY23

Bank credit likely to grow at 4-year high of 11-12% in FY23

Rediff.com29 Apr 2022

Bank credit is likely to grow at a four-year high of 11-12 per cent in fiscal 2023, on the back of better economic growth and budgetary support from the government, according to a report. In the fiscal ended March 2022, bank advances have likely grown at 9-10 per cent. "Healthy economic growth and budgetary support from the government should lift bank credit growth by 200-300 basis points to 11-12 per cent this fiscal," Crisil Ratings said in the report. The higher credit growth expectation is also supported by the improved resilience of the banking system, it added.

How will govt's credit guarantee scheme 2.0 work?

How will govt's credit guarantee scheme 2.0 work?

Rediff.com26 Nov 2020

The government on Thursday said it has extended the Emergency Credit Line Guarantee Scheme (ECLGS) to the health sector and 26 other sectors identified by the Kamath Committee. The National Credit Guarantee Trustee Company Limited (NCGTC) has issued the operational guidelines for implementation of ECLGS 2.0 scheme, the finance ministry said in a statement. The scheme was announced by the government earlier this month as part of the Rs 2.65 lakh crore Atmanirbhar Bharat 3.0 package.

Pink slips are out at Paytm as part of 'restructuring'

Pink slips are out at Paytm as part of 'restructuring'

Rediff.com10 Jun 2024

Fintech firm One97 Communications, owner of Paytm brand, is laying off an undisclosed number of employees and claimed that it is providing outplacement support for their smooth transition, according to a company statement. Paytm's sales employee headcount in March 2024 quarter dropped by about 3,500 to 36,521 personnel on a quarter-on-quarter basis, mainly due the impact of the Reserve Bank of India's ban on services of Paytm Payments Bank.

Bharti Airtel Q2 net profit zooms nearly three-fold to Rs 3,593 cr

Bharti Airtel Q2 net profit zooms nearly three-fold to Rs 3,593 cr

Rediff.com28 Oct 2024

Bharti Airtel on Monday reported a 168 per cent year-on-year rise in consolidated net profit to Rs 3,593 crore for the September quarter, and the company unveiled top-level changes, including Gopal Vittal moving into the role of executive vice chairman on January 1, 2026. India's second-largest telco - that competes with Reliance Jio and Vodafone Idea in the Indian telecom market - clocked quarterly revenues of Rs 41,473 crore, 12 per cent higher than the year-ago period, aided by strong momentum in India and growth in Africa.

Global lenders line up $1.8 billion rural credit

Global lenders line up $1.8 billion rural credit

Rediff.com21 Nov 2006

Funds for capital recast of rural credit societies

Gold loan business is shining as regulatory scrutiny of sector grows

Gold loan business is shining as regulatory scrutiny of sector grows

Rediff.com27 May 2024

In mid-March this year, the finance ministry asked state-run banks to review their gold loan portfolio for the two-year period between January 1, 2022, and January 31, 2024. This business had grown at a fast clip. Reserve Bank of India (RBI) data has it that it grew 15 per cent to Rs 1 trillion in FY24. Now, in recent times, any kind of exuberance in financial services has seen the authorities swoop down - be it pushing the lines on governance or unsecured credit.

2nd T20I PIX: Stubbs, Coetzee steal the show, Varun's heroics in vain

2nd T20I PIX: Stubbs, Coetzee steal the show, Varun's heroics in vain

Rediff.com11 Nov 2024

IMAGES from the second T20I in Gqeberha played between India and South Africa on Sunday

'Wash Can Take Over From Ashwin, Jadeja'

'Wash Can Take Over From Ashwin, Jadeja'

Rediff.com25 Oct 2024

'He is definitely much more mature and he knows the value of his place in the Indian team, 2-3 years of not being there.' 'He will now look to take care of his body much more. He has developed from a youngster to a responsible person now.' 'He knows what he needs to do, to succeed at the highest level.'

Digital payments in India to double to $7 tn by 2030

Digital payments in India to double to $7 tn by 2030

Rediff.com14 Jul 2024

With digital adoption fast gaining currency, India is likely to see retail digital payments double to $7 trillion by 2030 from current levels, a study by Kearney and Amazon Pay said. In the report 'How Urban India Pays', Kearney-Amazon Pay said strong adoption of digital payments in online purchases has potentially led to a permanent shift in consumer behaviours, fuelling offline adoption as well.

Is A Toxic Work Culture Affecting You?

Is A Toxic Work Culture Affecting You?

Rediff.com20 Sep 2024

"There is a limit when it comes to tolerating abusive behaviour or working styles. Many (employees) find ways to quit," says career coach and rediffGURU Pradeep Pramanik.

We Are In An Era Of Puppets And Puppeteers

We Are In An Era Of Puppets And Puppeteers

Rediff.com31 Dec 2024

'As we enter 2025, it must be acknowledged that there is a convergence of capital, influential people (from business and politics) and technology deciding the destiny of others in the name of pride, patriotism, nationalism, nation building, all of it thinly veiled disguises for personal profit and glory,' asserts Shyam G Menon.

Rohit dissects India's shocking loss to SL in 2nd ODI

Rohit dissects India's shocking loss to SL in 2nd ODI

Rediff.com4 Aug 2024

'We understand nature of this surface, it gets really tough in the middle overs. You have to try to get as many as possible in the powerplay.'

EPL PIX: City crush West Ham; Arsenal, Chelsea held

EPL PIX: City crush West Ham; Arsenal, Chelsea held

Rediff.com5 Jan 2025

Manchester City thrashed West Ham United 4-1 in the Premier League on Saturday to claim their first back-to-back wins since October.

Ladakh Disengagement: What's The Reality?

Ladakh Disengagement: What's The Reality?

Rediff.com11 Nov 2024

The government needs to answer the critical question of whether it has accepted any restrictions on its infrastructure creation activities, asserts Ajai Shukla.

'What If We Go Back A Few Hundred Years?'

'What If We Go Back A Few Hundred Years?'

Rediff.com23 Oct 2024

'We have loved Braveheart, Lord of the Rings, Game of Thrones and Apocalypto.' 'The thought was 'When are we going to do such films?''

'Never Put Anyone To Sleep During Sex'

'Never Put Anyone To Sleep During Sex'

Rediff.com12 Dec 2024

'Imagine having a conversation with your parents, where you say, "I want to break up with someone because he's bad in bed".'

Quarters sealed; India face Belgian test in Olympic hockey

Quarters sealed; India face Belgian test in Olympic hockey

Rediff.com31 Jul 2024

Indian men's hockey team set for first real test against Belgium

Driverless train operations flagged off on Delhi Metro's Pink Line

Driverless train operations flagged off on Delhi Metro's Pink Line

Rediff.com25 Nov 2021

In another milestone for the DMRC, driverless train operations on 59-km Pink Line of the Delhi Metro were flagged off on Thursday.

Bengaluru women rush to open post office account after INDIA win rumour

Bengaluru women rush to open post office account after INDIA win rumour

Rediff.com29 May 2024

There was such a rush that more counters were opened outside the GPO building, under the open sky, he added.

Banks' bottom line improves as bad loans continue to fall

Banks' bottom line improves as bad loans continue to fall

Rediff.com16 Feb 2022

Commercial banks in the country continued with their improving asset quality trend in the October-December 2021 quarter with slippages remaining under control coupled with healthy recoveries and upgradation of asset classification. The 28-listed banks reported improvement in bottom line with net profits rising 64.1 per cent year-on-year (YoY) and 21.5 per cent sequentially. This is mostly on account of a fall in provisions and contingencies.

'Proteas will succumb to unplayable Axar, Kuldeep'

'Proteas will succumb to unplayable Axar, Kuldeep'

Rediff.com28 Jun 2024

Former Indian cricketer Sarandeep Singh believes India's bowling attack holds the key to victory in the T20 World Cup final against South Africa

Which is Better? FDs Or Debt MFs?

Which is Better? FDs Or Debt MFs?

Rediff.com5 Sep 2024

Feature for feature, bank FDs are indeed better than debt funds today, mainly thanks to Ms Sitharaman, notes Debashis Basu.

Broad: 'Anderson is an addict of the art of bowling'

Broad: 'Anderson is an addict of the art of bowling'

Rediff.com7 Jul 2024

James Anderson has taken 700 Test wickets, behind only Sri Lankan spinner Muttiah Muralitharan (800) and Australia's Shane Warne (708) on the all-time list

PM asks bankers to ensure stable credit growth

PM asks bankers to ensure stable credit growth

Rediff.com30 Jul 2020

During a three-hour long virtual meeting with CEOs of large public and private sector banks along with heads of NBFCs, the prime minister assured them that the government is ready to take all steps to support the financial sector.

Valuations factor in strong earnings growth for TVS Motor

Valuations factor in strong earnings growth for TVS Motor

Rediff.com19 Aug 2024

TVS Motor Company met expectations in terms of revenue and posted a strong margin performance in Q1FY25. The key drivers were material cost savings and a better mix. The domestic demand outlook looks good with a rural rebound but geopolitical uncertainties in key export markets may dent overall growth.

'Trump Will Back India On Pakistan'

'Trump Will Back India On Pakistan'

Rediff.com13 Nov 2024

'Trump will absolutely back New Delhi on its position that Pakistan must do more to crack down on terrorists that threaten India.'

Lanka may run out of fuel by April end; India's credit exhausting rapidly

Lanka may run out of fuel by April end; India's credit exhausting rapidly

Rediff.com8 Apr 2022

Sri Lanka is facing its worst economic crisis since gaining independence from the UK in 1948.