News for 'National Housing Bank'

Delhi police quiz 8 more NewsClick scribes for a second time

Delhi police quiz 8 more NewsClick scribes for a second time

Rediff.com7 Oct 2023

They were called to the special cell office in the afternoon and questioned till late evening, a Delhi police source said.

India's biggest media company is born. $10 bn Zee-Sony merger gets NCLT nod

India's biggest media company is born. $10 bn Zee-Sony merger gets NCLT nod

Rediff.com10 Aug 2023

The National Company Law Tribunal (NCLT) on Thursday allowed the merger of Zee Entertainment Enterprises Ltd and Culver Max Entertainment (earlier known as Sony Pictures Networks India). This order by the Mumbai bench, headed by H V Subba Rao and Madhu Sinha, will pave the way for the creation of a $10-billion media company, the biggest in the country. The tribunal also dismissed all objections regarding the merger.

'Strongly oppose' India's abstention on Gaza vote at UN: Sonia

'Strongly oppose' India's abstention on Gaza vote at UN: Sonia

Rediff.com30 Oct 2023

Sonia aid the Congress has been consistent over the years in its strong belief that both the Palestinians and Israelis have the right to live in a just peace.

How banking system changed post Nirav Modi scam

How banking system changed post Nirav Modi scam

Rediff.com26 Nov 2020

'If you give your ID and password to somebody else, how can anybody blame the technology for that problem?'

US to donate 1.6 cr vaccines to India and 17 other Asian nations

US to donate 1.6 cr vaccines to India and 17 other Asian nations

Rediff.com22 Jun 2021

Of the 4.10 crore to be shared through COVAX, 1.40 crore will go to Latin America and the Caribbean nations and 1.60 crore to Asia.

Can Mahua Moitra Fight A 30 Year Battle With BJP?

Can Mahua Moitra Fight A 30 Year Battle With BJP?

Rediff.com3 Jan 2024

For that to happen, Moitra's much followed speeches should be heard outside Parliament so that the PR spins of the ruling dispensation are countered with informed debate, argues Shyam G Menon.

Fundraising activity in debt market gathers speed ahead of festival season

Fundraising activity in debt market gathers speed ahead of festival season

Rediff.com2 Aug 2023

Fundraising activity in the debt market is gaining momentum ahead of the festival season. Several non-banking financial companies (NBFCs) and the National Bank for Agriculture and Rural Development (Nabard) are planning to raise at least Rs 5,560 crore in the next two days by issuing bonds, with a greenshoe size of Rs 6,370 crore. Ajay Malglunia, managing director and head of investment grade group at JM Financial, said, "The market likes certainty, the market will gain clarity after the US Federal Reserve's (Fed's) policy.

RBI unlikely to tinker with key rates

RBI unlikely to tinker with key rates

Rediff.com2 Jun 2021

The Reserve Bank's rate-setting panel, Monetary Policy Committee (MPC), began its three-day deliberations on Wednesday amid expectations of a status quo on benchmark rate mainly on account of uncertainty over the impact of the second wave of COVID-19 pandemic. Moreover, the fears of firming inflation may also refrain the MPC from tinkering with the interest rate in its bi-monthly monetary policy outcome to be announced on Friday. The RBI had kept key interest rates unchanged at the last MPC meeting held in April.

How we cracked Batla House terror case

How we cracked Batla House terror case

Rediff.com28 Dec 2020

'Information trickled in that these phone numbers were switched off when there were blasts in Jaipur, Ahmedabad, and at the time of the Delhi blasts.

'Modi Fatigue Has Set In'

'Modi Fatigue Has Set In'

Rediff.com3 Apr 2024

'Modigate is snowballing into a huge thing with the electorate. The BJP is in for huge punishment by the electorate.'

Can go to jail a number of times: Sisodia on CBI questioning

Can go to jail a number of times: Sisodia on CBI questioning

Rediff.com26 Feb 2023

Sisodia said he will fully cooperate with the CBI that has summoned him for questioning in the excise policy case.

NIA attaches 17 properties of J-K businessman in terror funding case

NIA attaches 17 properties of J-K businessman in terror funding case

Rediff.com12 Jun 2023

The National Investigation Agency (NIA) on Monday attached 17 properties of Kashmiri businessman Zahoor Ahmed Shah Watali in a terror funding case, the agency said.

How sentiments have changed for banks

How sentiments have changed for banks

Rediff.com2 May 2020

Morgan Stanley removed banking stocks from its model portfolio when it slashed its weighting on the sector by 500 basis points. Several foreign brokerages, such as UBS, JP Morgan, and Credit Suisse, of late, have also become less optimistic about banking stocks.

Other fronts may open up if Israel continues bombing Gaza: Iran FM

Other fronts may open up if Israel continues bombing Gaza: Iran FM

Rediff.com13 Oct 2023

Upon his arrival in Beirut on Thursday, the Iranian minister said, "Some European officials asked me if there were any chances that new fronts might open up against the Zionist regime?"

Amit Shah blames Nehru as Parliament okays two J-K bills

Amit Shah blames Nehru as Parliament okays two J-K bills

Rediff.com11 Dec 2023

Union Home Minister Amit Shah on Monday assured the country that the beginning of building a "new and developed Kashmir" that will be free from terrorism has been made under Prime Minister Narendra Modi and said that full statehood would be restored to Jammu and Kashmir at an appropriate time.

When Delhi Was Under Water

When Delhi Was Under Water

Rediff.com10 Jul 2023

Glimpses of the devastation caused due to heavy rainfall in the national capital and other parts of northern India.

Housing cos pin hope on cheaper loans

Housing cos pin hope on cheaper loans

Rediff.com22 Nov 2016

As PM talks of lower lending rates, housing companies prepare to cash in.

Yamuna water level stabilises but many Delhi areas inundated

Yamuna water level stabilises but many Delhi areas inundated

Rediff.com13 Jul 2023

The Yamuna surged to a record 208.48 metres at 8 am, the Central Water Commission said on Thursday, adding that it is likely to rise to 208.75 metres by 4 pm.

Sensex, Nifty close marginally up in volatile trade

Sensex, Nifty close marginally up in volatile trade

Rediff.com23 May 2023

Among the Sensex firms, Bajaj Finserv, Tata Motors, Asian Paints, ITC, IndusInd Bank, State Bank of India, Tata Steel, Wipro, Infosys and Maruti were the major gainers. Tech Mahindra, HCL Technologies, Kotak Mahindra Bank, Titan and Larsen & Toubro were the major laggards.

NHB hikes interest rates on bonds

NHB hikes interest rates on bonds

Rediff.com30 Nov 2004

The National Housing Bank on Tuesday hiked the interest rates on its capital gains bonds by 0.25-0.35 per cent effective from December 1.

How home loans help you save taxes

How home loans help you save taxes

Rediff.com12 Sep 2007

The average age of person/s having own residential homes has come down from 42 in 2000-01 to 31 years in 2006-07? Do you know how this has become possible. Tax sops on home loans is the biggest catalyst to begin with.

Vivo PMLA case: Delhi court sends four accused to 3-day ED custody

Vivo PMLA case: Delhi court sends four accused to 3-day ED custody

Rediff.com10 Oct 2023

The Enforcement Directorate has arrested four persons including the MD of the Lava International mobile company and a Chinese national as part of its ongoing money-laundering probe against Chinese smartphone-maker Vivo, official sources said on Tuesday. They identified the four as Hari Om Rai, the MD of Lava International company, Chinese national Guangwen Kyang, chartered accountant Nitin Garg and a person called Rajan Malik. They have been taken into custody under the provisions of the Prevention of Money Laundering Act (PMLA).

Govt banks penalised peons, cashiers over rising NPAs

Govt banks penalised peons, cashiers over rising NPAs

Rediff.com13 Dec 2019

Most of those punished were managers across different scales, from Scale 7 (general managers) to Scale 1 (officers). However, at least one bank - Oriental Bank of Commerce - revealed that 17 single-window operators (SWOs), five head cashiers, two clerks, one clerk-cum-cashier, and one peon-cum-housekeeper were among those penalised for staff delinquency. Punishments against these employees included withholding of increment, demotion for one year, and censure under provisions of the bipartite settlement.

'I have never done one wrong thing in my life'

'I have never done one wrong thing in my life'

Rediff.com16 Nov 2023

Excerpted from Sahara: The Untold Story by Tamal Bandyopadhyay.

Parl passes bill allowing govt to take control of telecom services

Parl passes bill allowing govt to take control of telecom services

Rediff.com21 Dec 2023

The Bill allows stopping of transmission and intercepting messages in case of public emergency, in the interest of the public, to prevent incitement for committing offence.

Full Text: President's joint address to both houses of Parliament

Full Text: President's joint address to both houses of Parliament

Rediff.com31 Jan 2022

Here's the full text of President's Ram Nath Kovind's address to the joint sitting of both houses of Parliament on the first of Budget Session 2022.

Supply shocks led to price rise during pandemic, says SBI report

Supply shocks led to price rise during pandemic, says SBI report

Rediff.com25 Apr 2023

The price hikes during Covid were more because of supply chain and logistics disruptions caused by the pandemic and the Ukraine war rather than firms increasing prices because of higher pricing power, a report by State Bank of India (SBI) said. "It is thus incorrect to infer that concentration power dictated pricing capacity of firms, thus resulting in unyielding core inflation," the report authored by Soumya Kanti Ghosh, group chief economic adviser, SBI, said. A recent research article by former Reserve Bank of India (RBI) deputy governor Viral Acharya had observed that persistence of core inflation in India is due to purchasing power of top-five corporate houses.

'General Zia was real startled'

'General Zia was real startled'

Rediff.com21 Mar 2024

'But he was very quick and did a very stylish adab.' 'Of course, I didn't expect him to hug.'

Biden commits support to Israel, but says Palestinians need aid

Biden commits support to Israel, but says Palestinians need aid

Rediff.com15 Oct 2023

Biden, in his call with Netanyahu, updated him on US military support and reiterated his warning against anyone seeking to expand the conflict, according to a readout of the call.

Delhi flood victims say they were not alerted, got little help

Delhi flood victims say they were not alerted, got little help

Rediff.com16 Jul 2023

As floods hit the low-lying areas in the national capital, slum dwellers whose houses got submerged claimed that they were not alerted beforehand and many others alleged that help was not forthcoming from the administration.

I was handed a hot potato with carte blanche: Naravane on LAC tensions

I was handed a hot potato with carte blanche: Naravane on LAC tensions

Rediff.com19 Dec 2023

In his memoir Four Stars of Destiny, Naravane recounts Singh's direction as well as a flurry of phone calls between the defence minister, external affairs minister, the national security advisor and the chief of defence staff that night on the sensitive situation.

DHFL resolution: Lenders back Piramal's bid

DHFL resolution: Lenders back Piramal's bid

Rediff.com16 Jan 2021

Piramal Enterprises' bid for debt-ridden DHFL received the most votes from lenders at the close of the voting process on Friday, sources said. Piramal Enterprises' bid received 94 per cent votes as compared to 45 per cent for the US-based Oaktree Capital. Voting was done on various parameters, including qualitative and quantitative.

EPF Withdrawal Claim Rejected? Here's Help

EPF Withdrawal Claim Rejected? Here's Help

Rediff.com3 Oct 2023

Post your financial planning queries for rediffGURU and financial planning expert, Colonel Sanjeev Govila.

Yes Bank moratorium to be lifted by March 18

Yes Bank moratorium to be lifted by March 18

Rediff.com14 Mar 2020

The Yes Bank Reconstruction Scheme 2020, shall come into force on March 13, the gazette notification said.

'Hamas would have not existed if...'

'Hamas would have not existed if...'

Rediff.com17 Oct 2023

'If Israel had stuck to the peace accords, Hamas would have had no one to fight.'

Nationwide strike hits banking services of PSBs on Day 1

Nationwide strike hits banking services of PSBs on Day 1

Rediff.com15 Mar 2021

Banking operations including cheque clearance across the country got affected on Monday as bankers under the aegis of the United Forum of Bank Unions have gone on a nationwide strike to protest against the proposed privatisation of two state-owned lenders.

Pros and cons of Indian banks' cross-selling initiatives

Pros and cons of Indian banks' cross-selling initiatives

Rediff.com28 Dec 2020

In a bid to gain a bigger share of the customer's wallet, banks are ramping up their cross-selling initiatives.

No let up in monsoon fury in Himachal, death toll rises to 18; 300 stranded

No let up in monsoon fury in Himachal, death toll rises to 18; 300 stranded

Rediff.com11 Jul 2023

Chief Minister Sukhvinder Singh Sukhu said efforts are on to rescue the 300 stranded people, and they could be airlifted as the weather clears. Power and water supply has been snapped in several areas.

Rising markets fails to lift new investor addition by mutual funds

Rising markets fails to lift new investor addition by mutual funds

Rediff.com1 Aug 2023

Even as the returns of mutual fund (MF) schemes have improved considerably in the past three months, addition of new investors has remained in the slow lane for the MF industry. According to industry data, during the first six months of CY 2023, MFs onboarded only 1.6 million new unique investors, in stark contrast to the 4.7 million investors added during the same period last CY and the 2.4 million in 2021. It is noteworthy, however, that the current additions for this year have doubled in comparison to the figure of 800,000 seen in 2020.