News for 'National Housing Bank'

SC asks Reserve Bank for list of defaulters of over Rs 500-cr loan

SC asks Reserve Bank for list of defaulters of over Rs 500-cr loan

Rediff.com16 Feb 2016

SC expressed surprise that no steps were taken for recovery.

Disengagement plan at Pangong Tso finalised: Rajnath on China row

Disengagement plan at Pangong Tso finalised: Rajnath on China row

Rediff.com11 Feb 2021

As per the agreement reached by the two sides, India and China will withdraw the forward deployment in a phased and coordinated manner, the defence minister said.

Netanyahu takes oath as Israel's new PM, to head most hardline govt to date

Netanyahu takes oath as Israel's new PM, to head most hardline govt to date

Rediff.com29 Dec 2022

Out of 120 members of the Knesset (Israeli parliament), Netanyahu has the support of 64 members

CBI summons Sisodia for questioning in excise case, AAP fears arrest

CBI summons Sisodia for questioning in excise case, AAP fears arrest

Rediff.com16 Oct 2022

The AAP claimed that Sisodia would be arrested on Monday and alleged the move was initiated in view of the forthcoming assembly elections in Gujarat where it is in a direct contest with the BJP.

Interest on home loans set to rise

Interest on home loans set to rise

Rediff.com11 Jan 2006

For BJP 'rajniti' and 'rashtra niti' are same: Modi

For BJP 'rajniti' and 'rashtra niti' are same: Modi

Rediff.com6 Apr 2022

He also stressed that whether we look from the world point of view or from the national viewpoint, the responsibilities of each member of the BJP are constantly growing. "Each and every worker of the BJP is a representative of the country's dreams," added PM Modi.

MCX sees bank guarantee withdrawal by brokers

MCX sees bank guarantee withdrawal by brokers

Rediff.com9 Aug 2013

Brokers have only kept guarantees for which they have open positions.

Stocks You Must AVOID or EXIT

Stocks You Must AVOID or EXIT

Rediff.com26 Apr 2022

Ajit Mishra, vice president, Research, Religare Broking, answers your queries.

Reliance Cap gets NHB nod for home loan business

Reliance Cap gets NHB nod for home loan business

Rediff.com14 Jan 2009

It has also got the Reserve Bank's nod to set up a non-banking finance company subsidiary for its consumer loan business, which would primarily focus on vehicle loans and lending to SMEs. Both HFC and consumer finance subsidiaries would be in place in the next two months, and the employees currently working with the related businesses at Reliance Consumer Finance Ltd would be relocated to the new entities.

How Sajjan Jindal 'reshaped' banking code through tweets!

How Sajjan Jindal 'reshaped' banking code through tweets!

Rediff.com26 Dec 2017

If tweets can do so much, why do we need an independent regulator and multiple committees discuss and recommend policy?

Those who were left out can apply for new bank licence: Rajan

Those who were left out can apply for new bank licence: Rajan

Rediff.com4 Apr 2014

The RBI has agreed to consider the application of India Post in consultation with the government.

Budget's focus is to provide basic amenities to poor, Modi tells BJP

Budget's focus is to provide basic amenities to poor, Modi tells BJP

Rediff.com2 Feb 2022

The focus of the Union Budget is on providing basic amenities to the poor, middle class and youth, Prime Minister Narendra Modi said on Wednesday, and asserted that it is imperative that India becomes self-reliant.

Opposition to let House function, hold Centre responsible for disruption

Opposition to let House function, hold Centre responsible for disruption

Rediff.com16 Jul 2018

During the meeting, the parties also decided to unitedly move forward in fielding a joint candidate for the post of deputy chairman of Rajya Sabha, which fell vacant after the retirement of P J Kurien on July 1.

For Adani, magic happened after 2014: In LS Rahul links group's rise to Modi

For Adani, magic happened after 2014: In LS Rahul links group's rise to Modi

Rediff.com8 Feb 2023

Leading the Opposition attack over the Adani-Hindenburg issue in the Lok Sabha, Rahul Gandhi on Tuesday linked Gautam Adani's meteoric rise to Prime Minister Narendra Modi's coming to power and said "magic" happened after 2014 that propelled the businessman from the 609th to the second spot on the global rich list.

Mysuru native, man from Nilgiris picked up for Mangaluru blast

Mysuru native, man from Nilgiris picked up for Mangaluru blast

Rediff.com21 Nov 2022

The police investigating into the Mangaluru blast case on Monday picked up a person from Bengaluru who was allegedly in touch with the blast accused Shariq while another was detained in Nilgiris in neighbouring Tamil Nadu and brought to Karnataka.

US House approves $1.1 trillion spending bill, averts shutdown

US House approves $1.1 trillion spending bill, averts shutdown

Rediff.com12 Dec 2014

The US House of Representatives averted a government shutdown on Thursday, narrowly passing a $1.1 trillion spending bill despite strenuous Democratic objections to controversial financial provisions.

PNB fraud: ED attaches over Rs 14 cr assets of Choksi, Gitanjali Gems

PNB fraud: ED attaches over Rs 14 cr assets of Choksi, Gitanjali Gems

Rediff.com4 Feb 2021

The Enforcement Directorate has attached assets worth over Rs 14 crore belonging to the Gitanjali Group and its promoter and jeweller Mehul Choksi, one of the prime accused in the alleged over Rs 13,000 crore PNB loan fraud case. The properties attached, under the anti-money laundering law, include a flat measuring 1,460 sq feet located at O2 Tower in Goregaon area of Mumbai, gold and platinum jewellery, diamond stones, necklaces made of silver and pearls, watches and a Mercedes Benz car, the ED said in a statement. A provisional order for attachment has been issued under the Prevention of Money Laundering Act (PMLA) for the assets worth a total Rs 14.45 crore that are in the name of Gitanjali Group of companies and its director Mehul Choksi, it said.

Will L'affaire Adani Affect Modi's Image?

Will L'affaire Adani Affect Modi's Image?

Rediff.com21 Feb 2023

Gautam Adani's alleged proximity to Narendra Modi may dent the latter's self-styled image of incorruptibility, points out Kanika Datta.

Court humare kabze mein...: Shah on CBI, ED 'misuse'

Court humare kabze mein...: Shah on CBI, ED 'misuse'

Rediff.com14 Feb 2023

Shah said that the people of the country will decide about the principal opposition party to BJP in the 2024 polls and they have not given this label to any party.

London pulls out all stops for Queen's lying-in-state

London pulls out all stops for Queen's lying-in-state

Rediff.com14 Sep 2022

The UK capital on Wednesday unleashed a major operation to manage the several thousands of people expected to queue over the next few days to pay their respects to Queen Elizabeth II as she lies in state at Westminster Hall.

We don't work to benefit corporate houses, Modi tells Oppn

We don't work to benefit corporate houses, Modi tells Oppn

Rediff.com3 Mar 2015

He urged Congress-run states to also help elevate the poor.

Choksi's firms siphoned off over Rs 6,344.96 cr from PNB

Choksi's firms siphoned off over Rs 6,344.96 cr from PNB

Rediff.com16 Jun 2021

Companies owned by fugitive diamantaire Mehul Choksi have allegedly siphoned off over Rs 6,344.96 crore from the Punjab National Bank (PNB) using fraudulent letters of undertaking and foreign letters of credit, a CBI investigation into the scam has detected. The findings were submitted by the CBI in a supplementary chargesheet filed before a special court in Mumbai last week, where the agency said the PNB was conned by its employees who were allegedly hand in gloves with Choksi and his company executives and who facilitated the scam as part of a criminal conspiracy. The PNB officials at the bank's Brady House branch in Mumbai issued 165 letters of undertaking (LoUs) and 58 foreign letters of credit (FLCs) during March-April 2017, against which 311 bills were discounted.

After 20 years, privatisation programme in India off to 'Maharaja' start

After 20 years, privatisation programme in India off to 'Maharaja' start

Rediff.com27 Jan 2022

After a hiatus of nearly two decades, the government's programme to privatise state-owned firms restarted with the handing over of debt-laden national carrier Air India to the Tata Group. With the new owner shelling out Rs 18,000 crore for the buyout of the 'Maharaja', this would be the highest-ever amount garnered through privatisation, and is even more than the cumulative sum mopped up through strategic sales from 1999-00 to 2003-04. The government had in October last year inked the share purchase agreement with the Tata Group for sale of national carrier Air India for Rs 18,000 crore. Tatas would pay Rs 2,700 crore cash and take over Rs 15,300 crore of the airline's debt.

'Definite improvement in economic activity in October'

'Definite improvement in economic activity in October'

Rediff.com24 Nov 2021

'I hope the trend is sustainable and that economic activity accelerates going forward.'

Winter session begins today, farm law repeal among 26 bills on agenda

Winter session begins today, farm law repeal among 26 bills on agenda

Rediff.com29 Nov 2021

The government's agenda also includes the Cryptocurrency and Regulation of Official Digital Currency Bill, 2021.

What PM told the nation: 'Secrecy was essential for this action'

What PM told the nation: 'Secrecy was essential for this action'

Rediff.com9 Nov 2016

Here's the full text of Prime Minister Narendra Modi's address to the nation where he announced the demonetisation of Rs 1,000 and Rs 500 notes with effect from midnight on November 8-9.

Court says NSCN-IM runs parallel govt in Nagaland, rejects leader's bail plea

Court says NSCN-IM runs parallel govt in Nagaland, rejects leader's bail plea

Rediff.com17 Dec 2022

Coupled with the fact that arms were recovered at the instance of Jamir, there is also evidence showing running of parallel government which was never acknowledged under any peace accord, the judge said.

'India is not for sale'

'India is not for sale'

Rediff.com25 Aug 2021

'This plan is basically to allow some of the government assets for rent, and surely not for sale.' 'There is a difference between selling a house and renting out a house.'

Why the US has sanctioned Putin's daughters

Why the US has sanctioned Putin's daughters

Rediff.com7 Apr 2022

Asked why the United States was targeting Putin's daughters, a senior Biden administration official said the US thought they could be in control of some of their father's assets.

Asian Infra Investment Bank: An opportunity for India

Asian Infra Investment Bank: An opportunity for India

Rediff.com1 Apr 2015

China's intended role for AIIB is not so different from the existing Western lenders like the World Bank.

Why LIC buying 30% of IDBI Bank is bad news

Why LIC buying 30% of IDBI Bank is bad news

Rediff.com4 Jul 2018

'LIC's proposed investment will come out of what is technically called the 'policyholders funds'.' 'As the name implies, these monies belong to policyholders; that is, you, me and 25 crore others who have taken a total of 30 crore policies from LIC.' 'It is not the government's or LIC's money to play poker with,' says S Muralidharan, former managing director, BNP Paribas.

Pathaan Cheers Single Screen Theatres

Pathaan Cheers Single Screen Theatres

Rediff.com11 Mar 2023

Their number is dwindling, but single-screens believe they have a place in the entertainment space

India now One Nation with One Constitution: PM on I-Day

India now One Nation with One Constitution: PM on I-Day

Rediff.com15 Aug 2019

"Our government does not delay decisions. We neither nurse problems nor keep them pending," Modi said.

ASK AJIT: 'This stock hits circuits often. What to do?'

ASK AJIT: 'This stock hits circuits often. What to do?'

Rediff.com29 Mar 2022

Ajit Mishra, vice president, Research, Religare Broking, answers your queries.

HDFC launches festive offer; home loan at 6.7%

HDFC launches festive offer; home loan at 6.7%

Rediff.com21 Sep 2021

Country's biggest mortgage lender HDFC on Tuesday announced a festive offer in line with peers like SBI with home loans starting from 6.70 per cent. Last week, SBI as part of festival bonanza offered a concessional home loan rate of 6.70 per cent under its festive offer. This was followed by other lenders like Punjab National Bank and Bank of Baroda.

Get a laddoo from Delhi BJP for standing in bank, ATM queue

Get a laddoo from Delhi BJP for standing in bank, ATM queue

Rediff.com14 Dec 2016

The 'thanksgiving and feedback' programme will also gauze public mood by asking them about the problems they face.

40% of loss in Mallya, PNB scams recovered from sale of shares: ED

40% of loss in Mallya, PNB scams recovered from sale of shares: ED

Rediff.com23 Jun 2021

About 40 per cent of the money lost by banks in the PNB scam and the fraud linked to fugitive businessman Vijay Mallya's defunct Kingfisher Airlines has been realised by way of sale of shares seized under the Prevention of Money Laundering Act (PMLA), the Enforcement Directorate said on Wednesday.

Shahbaz: Maths-loving cricketer makes it to the top!

Shahbaz: Maths-loving cricketer makes it to the top!

Rediff.com16 Aug 2022

While he has 57 first-class, 24 List A and 39 T20 wickets at domestic level, Shahbaz Ahmed does have the ability to punch above his weight.

Was Nirav Modi tipped off?

Was Nirav Modi tipped off?

Rediff.com28 Feb 2018

'It can't be a coincidence that he and his family, uncles and all, vanished from India only days before the scam was discovered.'

What Future plans to do after its deal with RIL was rejected

What Future plans to do after its deal with RIL was rejected

Rediff.com25 Apr 2022

Debt-ridden Future Group is now focusing on saving and rebuilding firms such as -- Future Lifestyle Fashions, Future Supply Chain Solutions, Future Consumer and Future Enterprises, after the Rs 24,713-crore deal with Reliance Retail was rejected by secured creditors, according to industry sources. However, Future Group's flagship firm Future Retail Ltd (FRL), which has nearly Rs 18,000 crore debt, is bound to face the corporate insolvency resolution process before the National Company Law Tribunal (NCLT). Other companies like Future Enterprises Ltd (FEL), Future Lifestyle Fashions Ltd (FLFL), Future Supply Chain Solutions Ltd (FSCSL), Future Consumer Ltd (FCL) can sustain on their own and can be rebuilt by restructuring their liabilities with the help of current lenders and investors, said an industry source close to the Future Group.