News for 'National Housing Bank'

500,000 Homes, Worth Rs 4.48 Trillion, Stuck In 7 Metros

500,000 Homes, Worth Rs 4.48 Trillion, Stuck In 7 Metros

Rediff.com26 Sep 2022

The NCR and the MMR together account for 77 per cent of 10 big housing projects stuck because of developers' bankruptcy or litigation.

When The Russians Killed A Dancer

When The Russians Killed A Dancer

Rediff.com29 Nov 2022

Colleagues and friends attend a funeral ceremony for Ukrainian soldier and ballet dancer Vadym Khlupianets, who was recently killed by Russian troops, at the National Academic Operetta's Theatre in Kyiv.

Joshimath crisis: Demolition of 2 unsafe hotels begin amid evacuation

Joshimath crisis: Demolition of 2 unsafe hotels begin amid evacuation

Rediff.com13 Jan 2023

In Delhi, Union Home Minister Amit Shah assessed the situation in Joshimath and steps taken to ameliorate people's hardship at a meeting attended by Union ministers Nitin Gadkari, R K Singh, Bhupendra Yadav and Gajendra Singh Shekhawat and top officials.

Will Govt Cut PSBs Loose?

Will Govt Cut PSBs Loose?

Rediff.com28 Jul 2022

Merely bringing down the government stake below 51% may not find any taker for the PSBs. The government must bring down its holding to at least 26%, recommends Tamal Bandyopadhyay.

Health worker tests positive as Kerala reports fifth Nipah case

Health worker tests positive as Kerala reports fifth Nipah case

Rediff.com14 Sep 2023

The government has ordered monoclonal antibody from Indian Council of Medical Research to treat the child. It is the only available anti-viral treatment for Nipah virus infection, though it has not been clinically proven yet.

Modi's longest Parliament speech pressed all the right buttons

Modi's longest Parliament speech pressed all the right buttons

Rediff.com10 Aug 2023

Prime Minister Narendra Modi on Thursday slammed the opposition alliance INDIA as a collection of arrogant dynasties who will take India back by two centuries as he exuded confidence that people will bless the "garib ka beta" with a record-breaking mandate in the 2024 Lok Sabha polls.

PNB fraud: How bank auditors failed to detect the scam

PNB fraud: How bank auditors failed to detect the scam

Rediff.com20 Feb 2018

The problem here is that internal auditors are good at accounts, but they are not trained to track foreign exchange transactions

Demonetisation impact on banks: Asset quality risks will show only in Q4

Demonetisation impact on banks: Asset quality risks will show only in Q4

Rediff.com30 Dec 2016

The loss of income has severely dented the loan repayment ability of small borrowers

Banking licence aspirants scramble to meet RBI norms

Banking licence aspirants scramble to meet RBI norms

Rediff.com19 Jun 2013

With the July 1 deadline to apply for bank licence fast approaching, aspirants are scrambling to meet the Reserve Bank of India's (RBI) eligibility criteria to apply.

CEO, CFO of scam-hit Karvy arrested

CEO, CFO of scam-hit Karvy arrested

Rediff.com2 Sep 2021

Hyderabad police on Thursday arrested two senior executives of scam-hit Karvy Stock Broking Pvt Ltd for allegedly involving in diverting funds raised from banks by pledging clients' securities as collaterals. According to a police press release, Rajiv Ranjan Singh, chief executive officer and G. Krishna Hari chief financial officer of Karvy were arrested basing on a complaint by IndusInd bank.

Ring worth Rs 10 cr, watch valued at Rs 1.4 cr: Raid on Nirav Modi's house

Ring worth Rs 10 cr, watch valued at Rs 1.4 cr: Raid on Nirav Modi's house

Rediff.com24 Mar 2018

Officials said the Enforcement Directorate along with the Central Bureau of Investigation launched fresh searches on March 22 at the Samudra Mahal luxury residential flats of Modi in Mumbai's Worli area which resulted in the recovery of fresh valuables.

India gets a National Security AdviCzar

India gets a National Security AdviCzar

Rediff.com25 Oct 2018

Ajit Doval is now India's all-powerful security boss. This concentration of power disrupts our layered security system. Will it not weaken whatever remains of the power and authority of the home, defence and finance ministers? asks Shekhar Gupta.

Manmohan Singh, Chief Architect Of Modi's Schemes

Manmohan Singh, Chief Architect Of Modi's Schemes

Rediff.com3 Mar 2023

Both prime ministers believed in crafting schemes to help the common man. Modi used quite effectively the instruments Dr Singh introduced. In assessing Modi's success with many schemes, Dr Singh's fundamental work should not be ignored, points out A K Bhattacharya.

'What is predominant in India is disguised unemployment'

'What is predominant in India is disguised unemployment'

Rediff.com1 Dec 2023

'When you do some job for a few hours, you are hardly earning enough to survive.'

Homebuyers caught between banks and builders

Homebuyers caught between banks and builders

Rediff.com16 Sep 2017

N Sundaresha Subramanian, Karan Choudhury and Shreya Jai report on the sorry condition of homebuyers who invested in Jaypee Infratech and the Amrapali group's Noida-based projects.

The remaking of the banking sector

The remaking of the banking sector

Rediff.com15 Apr 2015

Banks in India must have a modern approach, suggests a panel comprising of banking bigwigs.

'Hundreds of Palestinians will be killed'

'Hundreds of Palestinians will be killed'

Rediff.com9 Oct 2023

'Israel has received an extremely hard and rude reminder that it cannot go ahead and talk of normalisation of relations with other Arab countries without addressing the issues pertaining to Palestine.'

Why banks will have fewer branches

Why banks will have fewer branches

Rediff.com19 May 2017

'With technology advancing rapidly, the need for branches is declining.'

'Joshimath can't be saved. It's too late'

'Joshimath can't be saved. It's too late'

Rediff.com12 Jan 2023

'The entire public needs to be evacuated immediately. Any day, the entire town can collapse.'

Sitharaman's Stimulus: Renovate a house in flames without dousing the fire!

Sitharaman's Stimulus: Renovate a house in flames without dousing the fire!

Rediff.com27 May 2020

'The stimulus message was tagged on to what was meant to be an exhortation to self-reliance, glossing over the near impossibility of merging the immediate requirement of relief for a huge population and a questionable strategy for the future trajectory of a large economy aspiring to superstardom,' points out Shreekant Sambrani.

It's high time India built a competitive banking system

It's high time India built a competitive banking system

Rediff.com21 Sep 2015

Multiple organisations of different kinds with overlapping goals would be a dream situation for those who believe in competition and innovation.

Remembering Nitin Desai's Magic

Remembering Nitin Desai's Magic

Rediff.com3 Aug 2023

We remember some of Nitin Chandrakant Desai most influential works.

Piramal Group claims its bid for DHFL highest and compliant

Piramal Group claims its bid for DHFL highest and compliant

Rediff.com8 Jan 2021

Piramal Enterprises on Friday claimed that its bid for resolution of debt-ridden mortgage lender DHFL is highest and fully compliant with regulatory norms. Since the conclusion of the fifth and final round of the bidding process last month, Piramal Enterprises and the US-based Oaktree Capital are claiming that their bids are the highest and fully implementable. According to sources, suitors have submitted bids in the range of Rs 35,000-37,000 crore.

Daily UPI transactions jump 50% to 36 crore: RBI governor

Daily UPI transactions jump 50% to 36 crore: RBI governor

Rediff.com6 Mar 2023

Reserve Bank of India governor Shaktikanta Das on Monday said payments through UPI (unified payment interface) have grown exponentially in the past 12 months with daily transactions crossing 36 crore, which is up 50 per cent from 24 crore in February 2022. In value terms, these transactions are worth Rs 6.27 lakh crore, registering a growth of 17 per cent from Rs 5.36 lakh crore in February 2022, the governor told reporters while launching the Digital Payments Awareness Week at the RBI headquarters in Mumbai this afternoon. He also said the overall monthly digital payment transactions crossed over Rs 1,000-crore-mark each month during the past three months.

'If you allow money to flow, people are ready to buy houses, cars'

'If you allow money to flow, people are ready to buy houses, cars'

Rediff.com5 Sep 2019

'If credit is not available, people will postpone buying. That's what has happened.'

Demonetisation no surgical strike, but 'firebombing' of nation: Rahul

Demonetisation no surgical strike, but 'firebombing' of nation: Rahul

Rediff.com16 Dec 2016

Mounting a blistering attack on Prime Minister Narendra Modi, Rahul Gandhi on Friday said the demonetisation drive launched by him was "firebombing of 99 per cent honest people" and not a "surgical strike".

Indians see China, not Pak as their greatest threat: US Congressman

Indians see China, not Pak as their greatest threat: US Congressman

Rediff.com25 Apr 2023

"China creeps towards hegemony in Asia, threatens India's borders, and treats other countries as junior partners, Indian-American Congressman Ro Khanna said.

Sebi working on new ASBA-like payment system for secondary trades: Buch

Sebi working on new ASBA-like payment system for secondary trades: Buch

Rediff.com22 Sep 2022

The Securities and Exchange Board of India (Sebi) is working on a new payment system for the secondary market, which could prevent brokers from accessing their client funds. It will be on the lines of the Application Supported by Blocked Amount (ASBA) process used for subscribing to initial public offerings (IPOs), where funds move out of an investor's bank account only after the trade is confirmed. Sebi chairperson Madhabi Puri Buch on Wednesday said that despite the challenges, the new system would be ready in a few months.

Full Text: PM Modi's address to US Congress

Full Text: PM Modi's address to US Congress

Rediff.com23 Jun 2023

Here's the full text of Prime Minister Narendra Modi's address to a joint session of the United States Congress, delivered on Thursday.

CRPF used hi-tech gadgets to neutralise Kashmiri Pandit killers

CRPF used hi-tech gadgets to neutralise Kashmiri Pandit killers

Rediff.com2 Mar 2023

Bullet-proof vehicles, wall-through radars and drones are some of the new gadgets inducted by the Central Reserve Police Force into its counter-insurgency operations in Kashmir, leading to precision-based actions against terrorists.

United Bank of India declares Vijay Mallya as wilful defaulter

United Bank of India declares Vijay Mallya as wilful defaulter

Rediff.com1 Sep 2014

United Bank's exposure to Kingfisher Airlines was around Rs 350 crore (Rs 3.50 billion)

Coming Soon: Cibil-Like Rating For Drivers

Coming Soon: Cibil-Like Rating For Drivers

Rediff.com27 Feb 2023

The plan is to offer the ratings of drivers to insurers, which can then customise their premiums -- a higher score meaning a lower premium, for instance, and vice-versa.

'Hard to see how Hamas can be defeated'

'Hard to see how Hamas can be defeated'

Rediff.com26 Oct 2023

'The purported claim that Israel can defeat Hamas and everything 'would go back to normal' is completely absurd.'

After Kerala rain fury, focus shifts to cleaning houses, public places

After Kerala rain fury, focus shifts to cleaning houses, public places

Rediff.com22 Aug 2018

More than 3,000 squads under health and local self-government departments have started the process of cleaning houses and public places, official sources said.

'Hum sab Indian hai; udhar bhi aur idhar bhi'

'Hum sab Indian hai; udhar bhi aur idhar bhi'

Rediff.com20 Jul 2023

At a time when Manipur is burning, voices like Colonel Sapam's serve as a healing balm. 'These are voices that need to heard and their stories of peace and reconciliation must be retold -- over and over again.

Dept of Post, Mahindras, Sun Pharma join banking race

Dept of Post, Mahindras, Sun Pharma join banking race

Rediff.com4 Feb 2015

The Department of Post, Tech Mahindra, Videocon Group and stock exchange NSE have joined big corporates like Ambanis and Birlas to seek entry into banking business through newly created niche category of Payments and Small Finance Banks.

Federal Bank recovers Rs 10 cr dues from defunct Kingfisher Air

Federal Bank recovers Rs 10 cr dues from defunct Kingfisher Air

Rediff.com25 Mar 2014

Banks have been struggling hard to recover dues from grounded Kingfisher Air.

TCS, HZL, CIL boost India Inc's dividend payout to record Rs 2.3 trillion

TCS, HZL, CIL boost India Inc's dividend payout to record Rs 2.3 trillion

Rediff.com18 May 2023

Corporate India continues to be generous in rewarding its shareholders with big dividend payouts. This is especially true for shareholders of companies such as Tata Consultancy Services (TCS), Hindustan Zinc (HZL), and Coal India (CIL) which are seen as cash cows of large business groups and the government. Boosted by a big payout by these three companies, the combined equity dividend payout by listed companies was up 38 per cent year-on-year (YoY) to a record high of Rs 2.27 trillion in 2022-23 (FY23), compared with Rs 1.65 trillion in 2021-22 (FY22).

Nitish Kumar must contest from Phulpur in UP, says JD-U leader

Nitish Kumar must contest from Phulpur in UP, says JD-U leader

Rediff.com30 May 2023

Senior Janata Dal-United leader Dhananjay Singh pitched for Opposition unity ahead of the 2024 Lok Sabha polls and said party workers in Uttar Pradesh want Bihar Chief Minister Nitish Kumar to contest the elections from the state's Phulpur constituency.

'Hamas is not stupid'

'Hamas is not stupid'

Rediff.com25 Oct 2023

'The Israeli government is saying, "OK, leave northern Gaza, because we're going to fight Hamas there".' 'But Hamas is not stupid. They are going to put militants in southern Gaza too. And then what's Israel going to do?' 'At some point are they going to say, 'Leave southern Gaza too because we want to fight Hamas there? Go across the border to Egypt"'? 'That's what people are worried about. Because they fear that once they cross the border into Egypt there will be no coming back.'