News for 'Line of Credit'

Conway reveals: How NZ plans to tackle India in semis

Conway reveals: How NZ plans to tackle India in semis

Rediff.com13 Nov 2023

New Zealand, who finished fourth in the points table after the 45-match league round, have a dominant record against India in the knockout stage of ICC events.

A first in many years, FY17 credit growth to lag India's GDP

A first in many years, FY17 credit growth to lag India's GDP

Rediff.com31 Mar 2017

Historically, overall credit has grown at 1.6 times GDP growth

Can Voda Idea play on the front foot in a market fast resembling a duopoly?

Can Voda Idea play on the front foot in a market fast resembling a duopoly?

Rediff.com26 Feb 2024

In August 2021, Nick Read, chief executive of Vodafone Plc at the time, did not mince his words while speaking about the India business in an earnings call. Replying to an analyst's question on Vodafone Idea, a venture with the Aditya Birla Group that had piled on huge debts and worrisome losses, Read described it as a highly stressed situation that "they (Vodafone Idea) are trying to navigate... "We, as a group, try to provide them as much practical support as we can, but I want to make it very clear, we are not putting any additional equity into India.''

Who Fared Better On Economy? Modi Or Manmohan

Who Fared Better On Economy? Modi Or Manmohan

Rediff.com15 Feb 2024

Whether it was the MGNREGS or the NFSA or the Aadhaar-based DBT scheme for cash transfer, the Modi government has built on the basic architecture created by the Singh government. Policy makers in the Modi government, instead of discarding them as products of the previous political regime, worked on them, expanded their scope and reach, and used new tools to improve their performance, explains A K Bhattacharya.

Shiv Sena man shot by BJP MLA critical; Oppn guns for Shinde

Shiv Sena man shot by BJP MLA critical; Oppn guns for Shinde

Rediff.com3 Feb 2024

The BJP MLA alleged that Chief Minister Eknath Shinde is "trying to create a kingdom of criminals in Maharashtra".

Ram Temple: Modi Eyes Big Gains

Ram Temple: Modi Eyes Big Gains

Rediff.com23 Jan 2024

BJP sources suggest that the upcoming elections will likely revolve around the renewed enthusiasm for the temple unless another theme with religious and nationalist undertones emerges.

No animosity with Harmanpreet: Alyssa Healy

No animosity with Harmanpreet: Alyssa Healy

Rediff.com10 Jan 2024

Alyssa backed Harmanpreet and the India team to come out stronger from this series.

'Which country is now standing tall in BRICS? It's India'

'Which country is now standing tall in BRICS? It's India'

Rediff.com23 Aug 2023

'India has the potential to do a lot more to take advantage of the time today where we stand to gain, geopolitically and in terms of market attractiveness.'

Govt, Oppn spar over who did more for space mission

Govt, Oppn spar over who did more for space mission

Rediff.com21 Sep 2023

During the day-long debate, the lines between science and religion often got blurred with many invoking religious texts and the contribution of 'rishi munis' to highlight India's tryst with the extra-terrestrial world.

S&P paints a grim picture of Indian banks

S&P paints a grim picture of Indian banks

Rediff.com17 Nov 2022

Polarisation in the performance of Indian banks will persist as many large public sector banks are still saddled with weak assets, high credit costs, and poor earnings, S&P Global Ratings said on Thursday. It said State Bank of India and leading private sector banks have largely addressed their asset quality challenges, and their profitability is improving more sharply than the banking system. In its Global Banking Outlook-2023 report, S&P said economic recovery is driving credit costs to cyclical low levels and stronger balance sheets and higher demand should boost bank loan growth, but deposit growth will lag.

Surely, this isn't the credit economy Modi talks about!

Surely, this isn't the credit economy Modi talks about!

Rediff.com26 Jan 2017

The banana grower, like everyone else in the village, was buying all his daily requirements on credit. The grocer, fishmonger and vegetable seller were all happily dispensing with their goods and keeping account of who owed what.

PIX: India take unassailable 3-1 lead over Australia

PIX: India take unassailable 3-1 lead over Australia

Rediff.com1 Dec 2023

Images from India's fourth T20 International match against Australia in Raipur on Friday.

The Star-Maker You Didn't Know About

The Star-Maker You Didn't Know About

Rediff.com26 Sep 2023

Prayag Raj, who was so successful at his peak, ought not to have slid into oblivion, observes Deepa Gahlot.

World Cup 2023: Australia aim to exploit 'cracks' in India's batting

World Cup 2023: Australia aim to exploit 'cracks' in India's batting

Rediff.com17 Nov 2023

Australia's pacer Josh Hazlewood says he saw a 'few cracks' while rattling their top-order in their World Cup league clash last month.

Privatisation of PSBs gets bankers' thumbs up

Privatisation of PSBs gets bankers' thumbs up

Rediff.com22 Dec 2022

Exuding confidence in sustaining the tempo of credit growth, public sector bankers said on Wednesday that consolidation in the public sector bank (PSB) space has given them a robust base to scale. The privatisation of PSBs can be done through divestment of government stake to a wider base of investors without haste. There is nothing to worry about at this point (high credit offtake) as underwriting standards and risk management are much better.

Ranji Trophy: MP sneak past Andhra to make semis

Ranji Trophy: MP sneak past Andhra to make semis

Rediff.com26 Feb 2024

A round-up of the Ranji Trophy quarter-final matches played on Monday.

Rs 8.45 trn & rising: Orders flood major capital goods firms

Rs 8.45 trn & rising: Orders flood major capital goods firms

Rediff.com4 Dec 2023

India's leading capital goods and engineering firms are in the midst of one of their busiest seasons, with the combined orderbook surging past Rs 8 trillion in value. As on September 30, 2023, 13 of India's top 15 listed capital goods and engineering firms, for which data for the September 2023 quarter was available, had a total orderbook worth Rs 8.45 trillion - a number unseen at least since 2018-19. "This intuitively looks like an all-time high factoring in inflation," said Anupama Arora, a senior independent analyst who tracks the capital goods sector.

Rupee weakness affects India credit profile: Moody's

Rupee weakness affects India credit profile: Moody's

Rediff.com21 Jun 2013

The rupee had slumped to a record low of 59.9850 rupee to the dollar on Thursday, as the country's record high current account deficit is exacerbating its vulnerability in an emerging market rout.

What Reforms Can We Expect, Modiji?

What Reforms Can We Expect, Modiji?

Rediff.com9 Feb 2024

Assuming we still have a Modi-led majority government after May 2024, there is no guarantee that reforms will move at anything more than a snail's pace, though we must be thankful even for that, notes R Jagannathan.

I haven't been everyone's cup of tea, signs off Warner

I haven't been everyone's cup of tea, signs off Warner

Rediff.com6 Jan 2024

Well aware that he has not been "everyone's cup of tea", the enigmatic David Warner says he would have toned down a bit if he were to start all over again.

'It was a great arm-wrestle, so full credit to their attack'

'It was a great arm-wrestle, so full credit to their attack'

Rediff.com16 Jan 2021

They were consistent and despite the inexperience, held their own, feels Australia's assistant coach Andrew McDonald.

McGrath wants Aus batters to value their wicket

McGrath wants Aus batters to value their wicket

Rediff.com27 Feb 2023

The Australia team has come in for criticism from former players over various issues including their approach and selection.

Dunki Review: SRK Is Earnest, The Film Is Not

Dunki Review: SRK Is Earnest, The Film Is Not

Rediff.com22 Dec 2023

Dunki doesn't have any repeat value unlike other Hirani films. And that perhaps is saying a lot, notes Mayur Sanap.

EPL PIX: Nunez scores late winner for Liverpool; Spurs win

EPL PIX: Nunez scores late winner for Liverpool; Spurs win

Rediff.com3 Mar 2024

Liverpool snatched three points with a wild 1-0 victory over relegation-threatened Nottingham Forest.

Siraj on why he is more consistent in Test cricket...

Siraj on why he is more consistent in Test cricket...

Rediff.com16 Dec 2022

India pacer Mohammed Siraj said his approach to bowl consistently at one spot yielded rich dividends for him on Day 2 of the opening Test against Bangladesh in Chattogram.

Untold truth behind Shami, Bumrah's incredible success

Untold truth behind Shami, Bumrah's incredible success

Rediff.com30 Oct 2023

Shami has made himself undroppable with his performances against New Zealand and England.

SVB crisis: Start-ups seek govt's help to bring money to India

SVB crisis: Start-ups seek govt's help to bring money to India

Rediff.com22 Mar 2023

Indian start-ups raised issues, such as blockages in international wire transfers, disruptions due to threshold limits on withdrawals, lack of communication from US agencies, and the need for preferential access to credit, in a meeting with the government over the fallout of Silicon Valley Bank's collapse. Rajeev Chandrasekhar, minister of state for electronics and information technology, held a virtual meeting with over 450 members from start-ups, venture capitalists, and investors who have been directly affected by the closure of SVB. He assured them that the IT ministry would put together a list of suggestions and give it to the finance minister on behalf of start-ups.

Shaktikanta Das: RBI Governor Who Walks The Talk

Shaktikanta Das: RBI Governor Who Walks The Talk

Rediff.com13 Mar 2024

'Das is friendly, but he finally does what he does. The quality of engagement is very good.'

Heartbreak for India as Lebanon crush dreams of King's Cup glory

Heartbreak for India as Lebanon crush dreams of King's Cup glory

Rediff.com10 Sep 2023

India squander chances to lose 0-1 to Lebanon

China lauds India's 'great efforts' to help Lanka, says S Asia its priority

China lauds India's 'great efforts' to help Lanka, says S Asia its priority

Rediff.com8 Jun 2022

Rajapaksa said China indicated that it would help Sri Lanka, while adding that "usually they don't like" lending out more money to cover earlier debt payments.

Rahul's yatra to cover 15 states, now renamed as...

Rahul's yatra to cover 15 states, now renamed as...

Rediff.com4 Jan 2024

The Congress on Thursday renamed the Rahul Gandhi-led Manipur-Mumbai yatra starting on January 14 as the Bharat Jodo Nyay Yatra, which will travel through 100 Lok Sabha segments in 15 states including Arunachal Pradesh, and asserted it will prove to be as 'transformative' as his earlier cross-country march.

'Successful listing is true justice to RE development in country'

'Successful listing is true justice to RE development in country'

Rediff.com24 Dec 2023

'This is not just the IREDA's IPO. It is the success of the ministry of new and renewable energy and of the renewable energy industry.'

What's capping rally in SBI shares?

What's capping rally in SBI shares?

Rediff.com27 May 2023

Given the uncertain macroeconomic conditions, most brokerages have turned slightly cautious on the pace of growth in State Bank of India's (SBI's) earnings going ahead. While they don't see any significant risk arising for now, its sheer balance sheet size and systematic importance has nudged them to cut earnings estimates for fiscal year 2023-24 (FY24) and 2024-25 (FY25) up to 5 per cent. India's largest state-owned bank, on Thursday, reported standalone net profit of Rs 16,694.51 crore for Q4FY23.

Banks shine brightest in otherwise pale FY23 for India Inc

Banks shine brightest in otherwise pale FY23 for India Inc

Rediff.com2 Jun 2023

The banking sector emerged as an outlier when the rest of India Inc witnessed a slowdown in earnings in FY23. The combined net profit of listed public and private sector banks was up 39.4 per cent year-on-year (YoY) last financial year and their share in India's gross value added (GVA) or gross domestic product (GDP) at factor cost rose to a record high of nearly 1 per cent up, from 0.8 per cent a year ago. Listed banks' combined net profit grew to Rs 2.36 trillion in FY23, from Rs 1.69 trillion a year ago. In comparison, India GVA at current prices was up 15.2 per cent YoY at Rs 247 trillion in FY23; it was around Rs 214 trillion a year ago.

Time To Ladder Up Your FD Deposits

Time To Ladder Up Your FD Deposits

Rediff.com18 Apr 2023

'Banks will continue to increase FD rates to attract more deposits and meet the increasing demand for credit.'

Business growth remains robust for Bajaj Finance, M&M Financial Services

Business growth remains robust for Bajaj Finance, M&M Financial Services

Rediff.com12 Oct 2023

MMFS is looking at a compounded annual growth rate (CAGR) of 18 per cent in assets under management (AUM) during FY23 to FY26 on the back of the strong recovery. The company has initiated risk-mitigating initiatives, including diversification into non-vehicle loans, building digital capacity and re-classification of customer profiles into affluent and mass-affluent in semi-urban segments to better target marketing.

Fearing defaults, banks rein in credit to jewellery firms

Fearing defaults, banks rein in credit to jewellery firms

Rediff.com16 Jan 2015

It was unclear how bankers were deciding which jewellers to support

Fukrey 3 Review: Slapstick And Susu

Fukrey 3 Review: Slapstick And Susu

Rediff.com28 Sep 2023

The mental age of Fukrey 3's humour is the same as the ones who titter at number one-number two jokes. And this one certainly has more loo than laughs on its mind, observes Sukanya Verma.

How Kohli's advice led to India's massive ODI victory

How Kohli's advice led to India's massive ODI victory

Rediff.com2 Aug 2023

Hardik Pandya appreciated the advice given by Virat Kohli