News for 'credit'

Lakshya and Satwik-Chirag's title dreams shattered

Lakshya and Satwik-Chirag's title dreams shattered

Rediff.com14 Sep 2025

India squandered a golden opportunity to return with two titles as both Lakshya Sen and the men's doubles pair of Satwiksairaj Rankireddy and Chirag Shetty signed off with runner-up finishes at the Hong Kong Open Super 500 in Hing Kong on Sunday.

India Inc turns to equity, bonds as cheaper bank loans remain elusive

India Inc turns to equity, bonds as cheaper bank loans remain elusive

Rediff.com25 Aug 2025

Indian corporate are increasingly shifting away from bank funding towards alternative sources, such as equity and bond markets, as their deleveraged balance sheets have improved their ability to raise equity at better valuations. Moreover, the 100 basis points (bps) rate cut by the Reserve Bank of India (RBI) has enabled them to access long-term funds from the debt capital market at cheaper rates.

Fonseca credits Guga for Brazilian support at French Open

Fonseca credits Guga for Brazilian support at French Open

Rediff.com28 May 2025

One of the rising stars of the men's tour, Fonseca shocked ninth seed Andrey Rublev on his Grand Slam main draw debut at the Australian Open in January and became the youngest Brazilian to win an ATP tournament at the Argentina Open the following month.

Credit-deposit growth gap likely to dip sharply in FY26: India Ratings

Credit-deposit growth gap likely to dip sharply in FY26: India Ratings

Rediff.com17 Mar 2025

The gap between credit and deposit growth in the banking system is expected to decline sharply to 80 basis points (bps) in the next financial year from an average of 386 bps over the FY22-Q3FY25 period, according to rating agency India Ratings. This would be against the backdrop of sharp moderation in the incremental loan deposit ratio (LDR) of the Indian banking system to 85 per cent in February 2025 from 117-118 per cent in the same month of 2024.

PSBs' share in household deposits falls to 63%; private banks gain ground

PSBs' share in household deposits falls to 63%; private banks gain ground

Rediff.com9 Sep 2025

Public sector banks (PSBs) have seen a sharp drop in household deposits from 70.6 per cent to 63 per cent in contrast with private banks, which witnessed a surge from 27.1 per cent to 34.1 per cent.

Allow certain good things to happen too: SC on Vantara

Allow certain good things to happen too: SC on Vantara

Rediff.com16 Sep 2025

The Supreme Court acknowledged a clean chit from a special investigation team (SIT) regarding the Vantara zoological rescue and rehabilitation centre in Gujarat's Jamnagar, following allegations of irregularities.

'Dhoni-Gambhir Pairing Will Be Worth Watching'

'Dhoni-Gambhir Pairing Will Be Worth Watching'

Rediff.com31 Aug 2025

Dhoni and Gambhir have not had the smoothest of relationships as teammates and it will be interesting to see how this pair goes on if Dhoni were to accept the offer to mentor the team at the T20I World Cup.

No infra bond issuances in FY26

No infra bond issuances in FY26

Rediff.com26 Jul 2025

Infrastructure bonds, which were relied upon the most in 2024-25 (FY25) by commercial banks to raise funds through the domestic debt capital market amid lagging deposit growth, seem to have lost their sheen in FY26. So far in FY26, no bank has tapped the domestic debt capital market to raise funds via infra bonds, and the expectation is that the amount raised through this route will be significantly lower than that last year, unless credit demand picks up.

Fitch affirms India's sovereign rating at 'BBB-'

Fitch affirms India's sovereign rating at 'BBB-'

Rediff.com25 Aug 2025

Fitch Ratings on Monday affirmed India's sovereign rating at 'BBB-', with a stable outlook, saying a strong record of delivering growth and improving fiscal credibility will drive improvements in structural metrics. "India's ratings are supported by its robust growth and solid external finances," Fitch said, as it forecast GDP growth of 6.5 per cent in the fiscal year ending March 2026 (FY26), unchanged from FY25, and well above the 'BBB' median of 2.5 per cent.

Piyush Goyal urges India Inc to pass on GST benefits to consumers

Piyush Goyal urges India Inc to pass on GST benefits to consumers

Rediff.com4 Sep 2025

Union Commerce and Industry Minister Piyush Goyal on Thursday described the reduction in GST rates as "game-changing" and the "biggest reform" since independence, as he asked the industry to pass on the full benefit to consumers.

ED raids Anil Ambani-linked cos in loan fraud case, Yes Bank

ED raids Anil Ambani-linked cos in loan fraud case, Yes Bank

Rediff.com24 Jul 2025

The Enforcement Directorate on Thursday conducted simultaneous raids as part of a money laundering investigation linked to an alleged bank loan fraud of Rs 3,000 crore against Anil Ambani group companies and Yes Bank, official sources said.

Baaghi 4 Review: Mindless Violence

Baaghi 4 Review: Mindless Violence

Rediff.com5 Sep 2025

If it wasn't so violent, there would have been a few unintended laughs in Baaghi 4, but this one has not a shred of humour amidst the nonstop mayhem, observes Deepa Gahlot.

'Satwik-Chirag need to work on fitness to go distance'

'Satwik-Chirag need to work on fitness to go distance'

Rediff.com31 Aug 2025

Indian doubles coach Tan Kim Her praised Satwiksairaj Rankireddy and Chirag Shetty for winning a bronze medal at the World Championships but rued the missed opportunity, saying the doubles specialists need to work more on their fitness to go the distance.

Credit card delinquencies rise even as retail credit growth moderates

Credit card delinquencies rise even as retail credit growth moderates

Rediff.com24 Sep 2024

Balance-level delinquencies in the credit card segment saw a 17 basis points (bps) year-on-year (Y-o-Y) rise in the quarter ending June 2024 (Q1FY25). In all other credit segments, including personal loans, delinquencies declined even as retail credit growth moderated, consequent to banks tightening the supply of credit to the unsecured segments, a report by TransUnion CIBIL said on Monday. Data shows that balance-level delinquencies, measured in terms of 90 days or more past due, in the credit card segment stood at 1.8 per cent in Q1FY25- highest among all other credit segments.

Patients to benefit from GST cut, but pharma firms may face margin pressure

Patients to benefit from GST cut, but pharma firms may face margin pressure

Rediff.com12 Sep 2025

The rationalisation of goods and services tax (GST), announced on Wednesday, directly lowers the cost of everyday medical consumables, and also high-end therapies in oncology and rare diseases, helping reduce out-of-pocket patient expenditure and better adherence to medication.

759 runs! Sudharsan credits County stints for IPL dream run

759 runs! Sudharsan credits County stints for IPL dream run

Rediff.com31 May 2025

Brief stints in county cricket have given Sai Sudharsan immense confidence ahead of his maiden Test tour of England and convinced him that "basics" are the most important part of batting.

Growth: RBI Sees Too Many Uncertainties

Growth: RBI Sees Too Many Uncertainties

Rediff.com19 Aug 2025

For the time being, the RBI is done with the cuts. A cut in October, which many are still predicting, is not certain. Of course, if growth nosedives, the script will be different, expects Tamal Bandyopadhyay.

Uddhav, Raj meet for 2nd time in 2 weeks amid alliance buzz

Uddhav, Raj meet for 2nd time in 2 weeks amid alliance buzz

Rediff.com10 Sep 2025

The Congress party extends best wishes to the newly-elected Vice President of India, C P Radhakrishnan, while recalling the words of the first Vice President, Sarvepalli Radhakrishnan, on the importance of free criticism in a democracy.

Venus Williams exits US Open in style!

Venus Williams exits US Open in style!

Rediff.com3 Sep 2025

Venus Williams, 45, made an age-defying return to tennis this year, becoming the oldest WTA singles match winner since 2004 in July.

Diwan Arun Nanda, Last Of India's Advertising Greats

Diwan Arun Nanda, Last Of India's Advertising Greats

Rediff.com8 Sep 2025

Diwan Arun Nanda, founder of Rediffusion and one of India's last great admen, changed the industry with memorable campaigns, political ads, and a rare mix of sharp strategy and creativity.

'Will you now stand up and salute Gambhir?'

'Will you now stand up and salute Gambhir?'

Rediff.com6 Aug 2025

Former India batter Navjot Singh Sidhu on Wednesday lauded current head coach Gautam Gambhir for his conviction during the gruelling England tour and asked his detractors if they would now "stand up and salute him" for the 2-2 draw.

Digital debt collection makes strides as lenders use tech to cut visits

Digital debt collection makes strides as lenders use tech to cut visits

Rediff.com4 Aug 2025

"We currently manage collections for over 98 million retail and small-business loan accounts, covering a loan book of about $250 billion," says Rishabh Goel, cofounder and chief executive officer (CEO) of Credgenics, a software-as-a-service platform for debt collection. With more than 700 million smartphone users and over 450 million UPI users, digital access is everywhere.

'He's a better bowler when there's more expectation'

'He's a better bowler when there's more expectation'

Rediff.com9 Aug 2025

At The Oval, it was Siraj who delivered a comeback spell, reducing England from a dominant position of 301/4 to 367 all out while chasing 374, bowling brilliantly and relentlessly in tandem with Prasidh Krishna.

Zverev tested but marches on in New York

Zverev tested but marches on in New York

Rediff.com29 Aug 2025

Alexander Zverev's Grand Slam experience proved decisive as the German third seed defeated Briton Jacob Fearnley 6-4 6-4 6-4 in the U.S. Open second round on Thursday

Why D-Street is positive on 2-wheeler stocks

Why D-Street is positive on 2-wheeler stocks

Rediff.com10 Sep 2025

Given the stronger rural activity, and potential goods and services tax (GST) impact, investors are bullish on the two-wheeler (2W) segment. In August, dealers in the domestic market picked up 11 per cent more 2Ws year-on-year (Y-o-Y), despite only 2 per cent growth in retail registrations. This indicates inventory stocking ahead of the festival season. Export trends were good. TVS Motor and Royal Enfield may have gained domestic market share.

2.17 lakh fake notes of various denominations detected in FY25

2.17 lakh fake notes of various denominations detected in FY25

Rediff.com11 Aug 2025

As many as 2.17 lakh pieces of fake notes of various denominations were detected during 2024-25 compared to 2.23 lakh such notes in the previous year, Parliament was informed on Monday. Of this, highest -- 117,722 pieces -- counterfeit notes of 500 [MG (New) Series] were detected in FY25, Minister of State for Finance Pankaj Chaudhary said in a written reply in the Lok Sabha.

Tata Capital to float $2-bn IPO in Sep; eyes $11 bn valuation

Tata Capital to float $2-bn IPO in Sep; eyes $11 bn valuation

Rediff.com31 Aug 2025

Non-banking financial company (NBFC) Tata Capital is set to launch its much-anticipated $2 billion (Rs 17,200 crore) initial public offering (IPO) in the week beginning September 22, market sources familiar with the matter said on Sunday. The issue is expected to value the company around $11 billion, they added. Tata Capital is likely to make its stock market debut by September 30.

Woman on FBI's 'top 10 most wanted' list held in India

Woman on FBI's 'top 10 most wanted' list held in India

Rediff.com21 Aug 2025

The FBI has arrested Cindy Rodriguez Singh, a woman on the agency's '10 Most Wanted Fugitive' list, accused of killing her six-year-old son and fleeing to India to evade prosecution.

Sensex climbs 143 points on buying in ICICI Bank, Reliance

Sensex climbs 143 points on buying in ICICI Bank, Reliance

Rediff.com21 Aug 2025

Among Sensex firms, Bajaj Finserv, ICICI Bank, Reliance Industries, Bajaj Finance, Larsen & Toubro and Bharat Electronics were the major gainers. However, Power Grid, Eternal, Hindustan Unilever and Adani Ports were among the laggards.

Recuperating Parag satisfied with Duleep Trophy outing

Recuperating Parag satisfied with Duleep Trophy outing

Rediff.com31 Aug 2025

'Performances, I didn't really focus on it that much. I just wanted to have some fun. I haven't played competitive cricket in a long time.'

Why No Indian Players Will Feature in SA20

Why No Indian Players Will Feature in SA20

Rediff.com5 Sep 2025

The BCCI bars active Indian cricketers -- international or domestic -- from playing in overseas leagues to protect the IPL's exclusivity.

Is Abhimanyu Mishra The Next Bobby Fischer?

Is Abhimanyu Mishra The Next Bobby Fischer?

Rediff.com12 Sep 2025

'He was like a sponge. He soaked up everything we taught him -- and when it came time to play, he'd squeeze out exactly what was needed on the board during tournaments.'

'Player of Match' Patidar credits bowlers after RCB break Wankhede jinx

'Player of Match' Patidar credits bowlers after RCB break Wankhede jinx

Rediff.com8 Apr 2025

Royal Challengers Bengaluru skipper Rajat Patidar hailed his bowlers for showing courage during a tough target defence against Mumbai Indians, saying his 'Player of the Match' award actually goes to them for being able to control a batting unit on such batter-friendly conditions at the Wankhede stadium in Mumbai.

Flipkart, Amazon Stack Up Space For Festival Rush

Flipkart, Amazon Stack Up Space For Festival Rush

Rediff.com9 Sep 2025

Festive sales are expected to surge 27 per cent to cross Rs 120,000 crore in 2025, driving Amazon and Flipkart to expand warehousing capacity by millions of cubic feet and extend delivery networks to thousands of new pin codes -- an infrastructure buildout that could reshape India's retail landscape for years.

'Trump's policies alienated India, pushed it towards Russia, China'

'Trump's policies alienated India, pushed it towards Russia, China'

Rediff.com2 Sep 2025

Former US National Security Advisor John Bolton says President Trump's policies have damaged US-India relations, pushing New Delhi closer to Russia and China.

War with Pak didn't end on May 10: Army chief on Op Sindoor

War with Pak didn't end on May 10: Army chief on Op Sindoor

Rediff.com6 Sep 2025

So, when to start, when to stop, how much to apply in terms of time, space and resources, and how much, what is the definition of calibrated action, all these things were something "we kept discussing at every time," Gen Dwivedi recalled.

India the team to beat as Asia Cup battle commences

India the team to beat as Asia Cup battle commences

Rediff.com8 Sep 2025

India, for all their internal debates and external expectations, look like the one side that has clarity of purpose. And clarity, in high-pressure tournaments, often counts for more than raw talent.

Songs of Paradise Review: A Singer's Story

Songs of Paradise Review: A Singer's Story

Rediff.com29 Aug 2025

Songs Of Paradise is the story of a female achiever that needed to be told, just as her songs of love and longing deserve to be rediscovered and shared with music aficionados, observes Deepa Gahlot.

'Sir Sobers inspired me to take up cricket'

'Sir Sobers inspired me to take up cricket'

Rediff.com18 Aug 2025

Former India spinner Murali Kartik has opened up on his cricketing journey, crediting West Indies cricket and the legendary Sir Garfield Sobers for inspiring him to pursue a career in cricket.

Adolescence Star Wins Emmy, Says Namaste

Adolescence Star Wins Emmy, Says Namaste

Rediff.com15 Sep 2025

Stephen Graham won two awards at the Emmys, including Best Actor for his role in Netflix's hit drama Adolescence as well as Best Writing alongside co-creator Jack Thorne.