The asymmetry in deposit and credit growth is the biggest challenge before the Indian banking industry. For every 100 deposit that a bank mobilises, it needs to keep 3 with the banking regulator in the form of cash reserve ratio on which it doesn't earn any interest. Another 18 is used for buying government bonds (statutory liquidity ratio). This means, a bank is left with 79 for giving credit. Add to this, its capital which can be used for giving loans. Most banks are facing a fund crunch. They need to find ways to attract deposits if they want to sustain credit growth, explains Tamal Bandyopadhyay.
A woman in Baghpat, Uttar Pradesh, has been arrested for allegedly murdering her 34-year-old husband with the assistance of her lover. Police investigation, including CCTV footage and post-mortem findings, led to her confession. The lover remains at large.
The Central Drugs Laboratories identified 60 drug samples as 'not of standard quality' in February, while state labs found 134 substandard samples. Investigations are underway for spurious drugs manufactured by unauthorised companies.
Police in Meerut have arrested two individuals for allegedly running a fake Common Service Centre (CSC) to open fraudulent bank accounts using forged documents of unsuspecting, needy people. The accused used these accounts for online financial frauds, leading to the recovery of numerous fake IDs, bank cards, and other incriminating evidence.
The Cockroach Janta Party (CJP) founder Abhijeet Dipke has appealed to Prime Minister Narendra Modi to provide Rs 1 crore compensation to families of students who allegedly died by suicide amid examination controversies, while also demanding the sacking of Union Education Minister Dharmendra Pradhan.
A Delhi hospital has successfully operated on a woman with advanced endometriosis, highlighting the challenges of treating the condition after multiple previous surgeries.
A special CBI court in Mumbai acquitted former Maharashtra home minister Padamsinh Patil and seven others in the 2006 murder case of Congress leader Pawanraje Nimbalkar and his driver, citing the prosecution's failure to prove the conspiracy and finding the approver's testimony doubtful. The CBI has announced its intention to appeal the verdict in the Bombay High Court.
The Federation of Indian Pilots (FIP) on Thursday renewed its demand for a judicial probe into the AI-171 crash and urged authorities not to release any interim investigation report, saying it would create further confusion and speculation.
'...would obesity still be a global epidemic?'
Aamir Khan provides a reassuring health update on legendary screenwriter Salim Khan, confirming his recovery from a minor brain hemorrhage and imminent return home after being hospitalised.
In Bijnor, Uttar Pradesh, a mother-in-law and her daughter-in-law allegedly attempted suicide following a prolonged domestic dispute. Both are in serious condition, and police are investigating the incident.
Dr. Jaideep Arya, Secretary General of World Yogasana and Yogasana Bharat, states that Prime Minister Narendra Modi's support has significantly boosted Yogasana's bid for Olympic recognition. He highlights the efforts to rebrand Yogasana as a competitive sport for younger generations and its accessibility, despite challenges like geopolitical tensions affecting participation.
The Union Health Ministry has directed states and Union territories to enhance surveillance, hospital preparedness, and screening of international travellers after the WHO declared the Ebola outbreak in the Democratic Republic of Congo and Uganda a public health emergency of international concern.
A notorious criminal, Prafulla Mallik alias Pappu, was injured in a gunfight with police in Odisha's Bhadrak district during a raid on his hideout. Pappu, who has around 25 criminal cases against him, opened fire on the police team before being shot in the leg.
Two Lok Sabha MPs from Uddhav Thackeray's Shiv Sena-UBT, Nagesh Patil Ashtikar and Omprakash Raje Nimbalkar, have confirmed their defection to the Eknath Shinde-led Shiv Sena, citing reasons including a fund crunch and Thackeray's absence from local body polls. Maharashtra CM Devendra Fadnavis and Eknath Shinde have virtually acknowledged the success of 'Operation Tiger', aimed at splitting Thackeray's faction.
At least 14 people were injured when a private bus veered off the road in the Mandi district of Himachal Pradesh on Monday, police said. The incident occurred near Dyoh Nala in the Durgapur area when the bus was on its way to Sundernagar from Sarkaghat.
The India-Africa Forum Summit, scheduled for May 28-31 in New Delhi, has been postponed due to concerns over the Ebola virus outbreak in Africa. The Ministry of External Affairs announced that new dates will be finalised in consultation with African nations.
It took years and years to bump into a green banana and learn how to eat it.
England head coach Brendon McCullum expressed anger and concern over Ben Stokes's involvement in a nightclub incident, leading to his omission from the second Test against New Zealand. Stokes and Gus Atkinson breached the team's midnight curfew. This incident adds to a series of off-field issues for the England team, prompting McCullum to focus on Stokes's well-being while deferring decisions on his captaincy.
On World Brain Tumour Day, Consultant Brain and Spine Surgeon Dr Keval Shukla explains why you should not ignore symptoms like persistent headache, blurred vision and a loss of balance.
IIT Madras researchers have developed an indigenous pilot plant in Tiruchirappalli capable of processing 100 tonnes of electronic waste annually. This zero-discharge, single-acid process recovers valuable metals like copper, lead, and tin from PCBs, addressing India's growing e-waste challenge and supporting circular economy initiatives.
IIT Madras researchers have developed an indigenous pilot plant in Tiruchirappalli capable of processing 100 tonnes of electronic waste annually. This zero-discharge, single-acid process recovers valuable metals like copper, lead, and tin from PCBs, addressing India's growing e-waste challenge and supporting circular economy initiatives.
rediffGURU Anu Krishna, mind coach and co-founder of Unfear Changemakers, counsels a married woman how to come to terms with her husband's affair.
Google Cloud services in major Indian cities, including Delhi, Mumbai, and Chennai, are experiencing network disruptions and elevated latency following a fire at a third-party data centre facility in the national capital, which necessitated an emergency power shutdown.
An inspector in charge of a police station in Odisha's Cuttack district has been transferred following allegations that a man was tortured by police for refusing to identify a body as that of his missing wife.
Police in Unnao have detained three of the five accused in the murder of a 60-year-old man, Baba Milan Das. A murder case has been registered, and efforts are underway to apprehend the remaining two absconding suspects. The motive behind the killing is still under investigation.
Google Cloud services in major Indian cities like Delhi, Mumbai, and Chennai are experiencing network disruptions and elevated latency due to a fire at a third-party data centre in Delhi. The incident led to an emergency power shutdown, reducing network capacity and causing intermittent latency spikes despite Google's efforts to reroute traffic. The company is investigating further mitigations to restore full service.
Police in Thane, Maharashtra, have dismantled a flesh trade operation disguised as a health spa, rescuing five women and arresting one woman involved in the racket.
Union Health Minister J P Nadda has emphasised the need for sound regulation, ethical oversight, and equity in the application of Artificial Intelligence (AI) to healthcare, speaking at the World Health Assembly in Geneva.
The amputated arm of an ITBP jawan's mother, which was stored at a police station after a hospital allegedly handed it to the family, has been sent for examination as part of a medical negligence investigation in Uttar Pradesh.
A flood relief mock drill in Bahraich, Uttar Pradesh, unexpectedly became a real rescue operation when a woman jumped into the Ghaghra river in an apparent suicide attempt. Rescuers, initially mistaking it for part of the drill, quickly saved her. Police investigations revealed the woman acted due to alleged family harassment and a dispute with her husband and in-laws, leading to a case being registered.
The Nationalist Citizens Party of India (NCPI), previously obscure, has gained national attention after 20 rebel TMC MPs merged with it. The Tripura-based party now claims to be the largest parliamentary bloc from West Bengal, holding 20 Lok Sabha seats. Its registered address in Howrah is linked to a couple running an NGO, and a founder member has expressed support for PM Modi and a desire to join the NDA.
Dr Rishikesh Malokar, senior consultant gastroenterologist, hepatologist, and therapeutic GI endoscopist at the Zynova Shalby Hospital, explains how habits such as unmonitored consumption of processed foods, skipping meals, and lack of fibre in the diet can quietly create havoc on the gut.
At least eight people, including three women and two boys, were killed in lightning strikes across six districts of Jharkhand. The victims were engaged in daily activities like farming, grazing, or seeking shelter when the incidents occurred.
The National Testing Agency (NTA) will conduct a nationwide mock drill on Saturday ahead of the NEET-UG re-examination the day after as part of its preparations to ensure the smooth, secure and transparent conduct of the test, official said on Friday.
A senior health expert warns against the growing trend of using AI for self-diagnosis and treatment, emphasizing that these tools should not replace human clinical judgment.
The NEET-UG re-exam was held at centres across the country and overseas on Sunday amid tight security arrangements for the smooth conduct of the examination.
The Enforcement Directorate has issued a fresh summons to Veena T, daughter of former Kerala Chief Minister Pinarayi Vijayan, for questioning on June 17 in a money laundering case involving Cochin Minerals and Rutile Ltd (CMRL). The probe focuses on alleged payments of Rs 2.78 crore from CMRL to Veena's IT firm, Exalogic Solutions, without services rendered, and loans from an associated company.
Three tribal teenagers were killed in Chhattisgarh's Korba district after a large tree branch fell on them during a thunderstorm.
A miscreant, Prafulla Mallik alias Pappu, with 25 criminal cases against him, was injured in a gunfight with police in Bhadrak, Odisha, during a raid on his hideout where he was planning a robbery. Three police personnel also sustained minor injuries in the scuffle.
