News for 'digital credit'

Moody's retains India rating at 'Baa3', maintains 'stable' outlook

Moody's retains India rating at 'Baa3', maintains 'stable' outlook

Rediff.com29 Sep 2025

Global rating Moody's on Monday affirmed India's long-term local and foreign-currency issuer ratings and the local-currency senior unsecured rating at 'Baa3' with a 'stable' outlook on the back of robust economic growth and sound external position. The rating agency also affirmed India's other short-term local-currency rating at P-3.

From 1905 cry to Modi's 'Vocal for Local': NCERT's new Swadeshi lessons

From 1905 cry to Modi's 'Vocal for Local': NCERT's new Swadeshi lessons

Rediff.com3 Oct 2025

Two modules published by the NCERT, Swadeshi: Vocal for Local (for middle stage) and Swadeshi: For a Self-Reliant India (for secondary stage), carry excerpts from the prime minister's Independence Day address in which he stressed that self-reliance would drive India's journey towards a Viksit Bharat.

Samvat 2082: Investors likely to see up to 15% returns from equities

Samvat 2082: Investors likely to see up to 15% returns from equities

Rediff.com5 Nov 2025

After a year of modest returns, equity investors may anticipate gains of 10-15 per cent in Samvat 2082, which began on October 21. Although valuations have moderated from their peaks a year earlier, they remain above long-term averages, potentially limiting sharp upsides.

'Banks Need To Reinvent Themselves'

'Banks Need To Reinvent Themselves'

Rediff.com3 Nov 2025

'Reinvention is not a hugely difficult task. With technology as available today, you can reinvent yourself pretty quickly.'

'The Intent Is To Make A Better Bank In The Future'

'The Intent Is To Make A Better Bank In The Future'

Rediff.com28 Oct 2025

'As the team builds, each of them will bring in a different perspective, new thinking.'

Why EQ Matters More Than IQ At Work

Why EQ Matters More Than IQ At Work

Rediff.com3 Nov 2025

'In the real world, it's not about being the smartest person in the room -- it's about being the one who stays grounded, adaptable and emotionally steady when everything else shakes,' says Ankita Kaul, a National Board certified health and wellness coach from the Dr Sears Wellness Institute.

India Inc meeting capex need with own cash, says SBI chief C S Setty

India Inc meeting capex need with own cash, says SBI chief C S Setty

Rediff.com26 Aug 2025

India Inc, which is sitting on cash balances of 13.5 trillion, is using the funds to meet capital expenditure as well as brownfield expansion, resulting in 'anaemic' demand for bank loans, State Bank of India (SBI) chairman CS Setty said at an event on Monday. He added that a slowdown in corporate credit is mainly due to lack of demand.

'Emirates NBD Is In RBL For 15-20 Years'

'Emirates NBD Is In RBL For 15-20 Years'

Rediff.com29 Oct 2025

'It is not looking at valuation, but investment, growth and ultimately better profit for stakeholders.'

BFSI sector to add 2.5 lakh jobs by 2030

BFSI sector to add 2.5 lakh jobs by 2030

Rediff.com21 Aug 2025

India's BFSI sector is set for robust growth, with hiring projected to rise 8.7 per cent in 2025-26 and touch 10 per cent by 2030, creating nearly 2.5 lakh permanent jobs, a report said on Thursday. This growth in the Banking, Financial Services, and Insurance (BFSI) sector is being driven by rising demand in tier II and III cities, marking a clear shift from metro-centric recruitment.

Your EPF Can Fund Housing, Surgery, Education...

Your EPF Can Fund Housing, Surgery, Education...

Rediff.com23 Oct 2025

Your EPF isn't just a retirement pot. It's a financial safety net you can dip into for life's biggest needs. Here's how these one-time advances work and when to use them wisely.

Ranji Trophy: 5-star Shami fires Bengal to victory

Ranji Trophy: 5-star Shami fires Bengal to victory

Rediff.com28 Oct 2025

Shami's five wickets on final day sets up fine win for Bengal over Gujarat in Ranji Trophy

How To Use Your Credit Card Wisely

How To Use Your Credit Card Wisely

Rediff.com7 Oct 2024

'Credit card debt comes with high interest cost and stringent penalties.' 'If you do not repay on time, the costs balloon.'

'To chase down 350 is a fantastic effort; Credit to Australia'

'To chase down 350 is a fantastic effort; Credit to Australia'

Rediff.com23 Feb 2025

England skipper Jos Buttler expressed delight in Ben Duckett's record-breaking knock even as he hailed Australia for chasing down a massive total of 352 runs in the ICC Champions Trophy Group B match in Lahore on Saturday.

Trishul 2025 Signals New Era in Fighting Wars

Trishul 2025 Signals New Era in Fighting Wars

Rediff.com14 Nov 2025

After Operation Sindoor, the Army and Navy now view the IAF as not a supporting arm, but the spearhead of India's warfighting capability, capable of decisive outcomes across domains, explains Air Commodore Nitin Sathe (retd).

Retail inflation slips to over 8-yr low of 1.54% in Sep

Retail inflation slips to over 8-yr low of 1.54% in Sep

Rediff.com13 Oct 2025

Retail inflation slipped to 1.54 per cent in September from 2.07 per cent in the preceding month mainly due to subdued prices of food items, including vegetables and pulses, according to government data released on Monday. The consumer price index (CPI) based inflation was 5.49 per cent in September 2024.

Digital payments in India to double to $7 tn by 2030

Digital payments in India to double to $7 tn by 2030

Rediff.com14 Jul 2024

With digital adoption fast gaining currency, India is likely to see retail digital payments double to $7 trillion by 2030 from current levels, a study by Kearney and Amazon Pay said. In the report 'How Urban India Pays', Kearney-Amazon Pay said strong adoption of digital payments in online purchases has potentially led to a permanent shift in consumer behaviours, fuelling offline adoption as well.

'GST 2.0 Great Opportunity For Insurance Biz To Make Products Affordable'

'GST 2.0 Great Opportunity For Insurance Biz To Make Products Affordable'

Rediff.com3 Nov 2025

'The government is putting insurance in the same category as food, which is essential for life.' 'Now this is an opportunity for the sector to focus on the consumer.'

How Kuldeep, Axar Spun Webs Around Pak Batters

How Kuldeep, Axar Spun Webs Around Pak Batters

Rediff.com16 Sep 2025

'You told me to give revs on the ball. I decided to give the ball some spin and get some bounce. Because of that, I got three wickets, you got two.'

iPhone Affordability Index Reveals: Most Indians Can't...

iPhone Affordability Index Reveals: Most Indians Can't...

Rediff.com16 Sep 2025

The average Indian worker must labour for an extraordinary 160 full working days to afford Apple's latest iPhone 17 Pro.

Jaguar Land Rover gets UK govt loan guarantee after cyber-attack

Jaguar Land Rover gets UK govt loan guarantee after cyber-attack

Rediff.com28 Sep 2025

The UK government on Sunday announced that it will support "iconic British brand" Jaguar Land Rover (JLR) with a loan guarantee of up to 1.5 billion pounds to give certainty to the Tata Motors owned carmaker's supply chain following a devastating cyber-attack. The loan will come from a commercial bank, backed by the Department for Business and Trade's (DBT) Export Development Guarantee (EDG), provided by export credit agency UK Export Finance, to be paid back over five years.

Taiwanese among 17 held in Gujarat for 'digital arrest' fraud

Taiwanese among 17 held in Gujarat for 'digital arrest' fraud

Rediff.com14 Oct 2024

Seventeen persons, including four hailing from Taiwan, were arrested by Ahmedabad Cyber Crime Branch for allegedly operating a nationwide 'digital arrest' racket, a Gujarat police official said on Monday.

Ranji Trophy: Karun, Smaran hit double tons as Karnataka dominates

Ranji Trophy: Karun, Smaran hit double tons as Karnataka dominates

Rediff.com2 Nov 2025

Karun Nair and Ravichandran Smaran made double hundreds as Karnataka gained upper hand over Kerala on the second day of their Ranji Trophy Elite Group B match.

0% GST On Health Insurance: Will You Really Benefit?

0% GST On Health Insurance: Will You Really Benefit?

Rediff.com11 Sep 2025

Reduction of GST on health insurance premium from 18% to 0% looks like a straight 18% reduction in what consumers pay. The truth, however, is...

No need to relabel existing medicine stock: FinMin

No need to relabel existing medicine stock: FinMin

Rediff.com17 Sep 2025

Recalling or relabelling medicines already in the supply chain before September 22 will not be mandatory, the finance ministry said on Tuesday, issuing a fresh set of frequently asked questions (FAQs) to address industry concerns following the announcement of goods and services tax (GST) revisions.

How UPI, AePS, Wallets Are Changing India

How UPI, AePS, Wallets Are Changing India

Rediff.com24 Jul 2025

UPI has catapulted India into the forefront on the global digital payments landscape. Working hand in hand, the AePS payments system is making life easy for rural folks, notes Tamal Bandyopadhyay.

Challenges Before The New Data Law

Challenges Before The New Data Law

Rediff.com28 Jul 2025

DPDP Act (2023) gives individuals the right to decide how their personal data is collected and used. For many businesses, this means reworking longstanding data practices, notes Ravi Duvvuru.

How India Spends: A Revealing Story

How India Spends: A Revealing Story

Rediff.com19 Aug 2025

Nearly 7 out of every 10 P2M UPI transactions take place in high frequency categories like groceries, restaurants, pharmacies, fuel service stations, bakeries and utility services such as electricity, gas, water and sanitation.

Future of digital payments in India

Future of digital payments in India

Rediff.com20 Mar 2024

'The focus needs to shift towards the ability to collect payments, particularly in tier-3 to tier-4 areas where acceptance is still lacking.'

SBI@70: Who Says The Elephant Can't Dance?

SBI@70: Who Says The Elephant Can't Dance?

Rediff.com7 Jul 2025

While a giant, it's a nimble-footed one, and is growing at a speed that even some of its private sector peers find enviable.
Between FY18 and FY24, it doubled its balance sheet. Despite being a late entrant in some segments, it has been able to grab market share, observes Tamal Bandyopadhyay.

'Digital India Defeated Terrorism In Kashmir'

'Digital India Defeated Terrorism In Kashmir'

Rediff.com3 Oct 2024

'PM Modi would have swept the elections in Kashmir after notebandi but then he scrapped Article 370 so all his good work went down the drain.'

There is more room for monetary policy easing, says Finance Ministry

There is more room for monetary policy easing, says Finance Ministry

Rediff.com29 Jul 2025

With inflation comfortably below the Reserve Bank of India's (RBI's) 4 per cent median target and likely to undershoot its 3.7 per cent projection for 2025-26 (FY26), there is room for the monetary policy easing cycle to be sustained, the Finance Ministry said on Monday. The comments, featured in the ministry's Monthly Economic Review for June 2025, assume significance ahead of the Monetary Policy Committee (MPC) meeting of the Reserve Bank of India (RBI) scheduled to begin from August 5.

NPAs in agriculture sector stay high amid loan-saturation concerns

NPAs in agriculture sector stay high amid loan-saturation concerns

Rediff.com4 Aug 2025

Bad loans in the agriculture sector remain elevated, with several public-sector banks (PSBs) reporting higher slippages in the April-June quarter of FY26. For many banks, non-performing assets (NPAs) in farm lending were 5 per cent or more, with some nearing double digits.'

Sitharaman has a message for the fintechs

Sitharaman has a message for the fintechs

Rediff.com19 Jun 2025

Finance Minister Nirmala Sitharaman on Wednesday asked fintech startups to come out with solutions to deal with the rising incidence of digital arrests, cheating by fly-by-night operators, and other kinds of cyber frauds. Speaking at the Digital Payments Awards 2025 ceremony here, the minister credited fintechs with helping speed up financial inclusion and taking the payment system to even the far-flung areas of the country.

Asia Cup: India storm into final after crushing Bangladesh

Asia Cup: India storm into final after crushing Bangladesh

Rediff.com25 Sep 2025

Abhishek Sharma's scintillating 75 was beautifully complemented by Kuldeep Yadav and Varun Chakravarthy as India comfortably hammered Bangladesh by 41 runs to enter the Asia Cup final in Dubai on Wednesday.

Debt Collection Goes Digital

Debt Collection Goes Digital

Rediff.com10 Aug 2023

Companies don't have to be in the field to nudge people to return money they owe lenders.

Festive Hiring To Generate 2 Lakh Jobs

Festive Hiring To Generate 2 Lakh Jobs

Rediff.com16 Jul 2025

Hiring activity has gained momentum in anticipation of upcoming festivals like Raksha Bandhan, Dussehra, Diwali, seasonal sales and the wedding season.

'UCO Bank's strategy is to raise capital in tranches'

'UCO Bank's strategy is to raise capital in tranches'

Rediff.com27 Jun 2025

'Raising the entire amount in one go may not be prudent, given the market dynamics.'

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.'

Digital Loan Apps: Boon Or Bane?

Digital Loan Apps: Boon Or Bane?

Rediff.com18 Jan 2024

For the time being, digital lending remains a grey area, notes Tamal Bandyopadhyay.

Adani Group's EBITDA crosses Rs 90,000 cr in 12 months to June

Adani Group's EBITDA crosses Rs 90,000 cr in 12 months to June

Rediff.com28 Aug 2025

The Adani Group reported its highest-ever trailing twelve-month EBITDA of Rs 90,572 crore, driven by strong performance in its core infrastructure and clean energy businesses, along with contributions from its emerging airports segment, the conglomerate said on Thursday. The group reported an earnings before interest, taxes, depreciation and amortization (EBITDA) of Rs 90,572 crore for the period from July 2024 to June 2025, up from Rs 85,502 crore pre-tax profit in the trailing twelve months ending June 2024, it said in a statement.