News for 'loan origination'

It's time to name and shame defaulters

It's time to name and shame defaulters

Rediff.com4 Dec 2018

Spare the serious entrepreneurs but don't allow the rogues to use the shield of secrecy, writes Tamal Spare the serious entrepreneurs but don't allow the rogues to use the shield of secrecy, says Tamal Bandyopadhyay.

Rajya Sabha accepts Vijay Mallya's fresh resignation

Rajya Sabha accepts Vijay Mallya's fresh resignation

Rediff.com4 May 2016

Liquor baron Vijay Mallya's tenure in the Rajya Sabha came to an end on Wednesday with Chairman Hamid Ansari accepting his fresh resignation letter.

Xiaomi to offer digital payments services in India

Xiaomi to offer digital payments services in India

Rediff.com20 Mar 2019

Consumers can effectively make payments using UPI and other debit cards, credit cards and internet banking across 120 banks and over 120 billers, Xiaomi said.

Will banks bail out debt-laden Jet Airways?

Will banks bail out debt-laden Jet Airways?

Rediff.com20 Mar 2019

Switching to a damage-control mode, bankers and government officials claimed that Jet Airways wouldn't fall even if Etihad refuses to back the resolution plan and exits.

Britain refuses to extradite Dawood aide Tiger Hanif

Britain refuses to extradite Dawood aide Tiger Hanif

Rediff.com18 May 2020

The British government has turned down India's request for the extradition of Tiger Hanif, an alleged aide of underworld don Dawood Ibrahim wanted in India in connection with two bomb blasts in Surat in 1993, the UK home office has confirmed.

Full text: What Modi said in his farm laws repeal speech

Full text: What Modi said in his farm laws repeal speech

Rediff.com19 Nov 2021

'Whatever I did, I did for the farmers and whatever I am doing, I am doing for the country'

New or used? Important tips for buying a car

New or used? Important tips for buying a car

Rediff.com7 Feb 2015

These pros and cons can help you overcome your confusion and make a wise decision.

How YOU help India reduce fiscal deficit

How YOU help India reduce fiscal deficit

Rediff.com19 Feb 2019

Post office savings deposit, recurring deposit accounts and the senior citizen savings scheme account have shown the highest growth in the current financial year.

If NRIs back out, Indian banks face big crisis

If NRIs back out, Indian banks face big crisis

Rediff.com18 Jun 2013

NRIs will abandon rupee-denominated accounts, causing a deposit crunch and worsening the current account deficit.

Sri Lanka to cancel Indian coal plant deal; proposes LNG instead

Sri Lanka to cancel Indian coal plant deal; proposes LNG instead

Rediff.com18 May 2016

Area residents and environmental groups have resisted the coal power plant ever since it was originally proposed in 2006 due to worries about land clearance and pollution

ED imposes Rs 100 crore fine on StanChart for FEMA breach

ED imposes Rs 100 crore fine on StanChart for FEMA breach

Rediff.com11 Sep 2020

The investigation under FEMA was taken up by ED based on a reference received from RBI to investigate advance remittances received by certain entities for the purchase of the shares of Tamil Nadu Mercantile Bank through escrow mechanism maintained with Standard Chartered Bank, Mumbai.

Time to privatise government owned banks

Time to privatise government owned banks

Rediff.com21 Jan 2021

The only feasible way to have a healthy banking sector could be making it mostly private, along with two or three large, better-run government banks, suggests T N Ninan.

Rishi Sunak lights diyas on Downing Street for Diwali

Rishi Sunak lights diyas on Downing Street for Diwali

Rediff.com13 Nov 2020

His celebratory gesture on Thursday night marks a first for Downing Street, which annually sees the UK prime minister host a Diwali gathering and an Annakut, or spread of festive food, from London's Swaminarayan Mandir next door at No 10.

Kochhar family and the mystery of Credential Finance

Kochhar family and the mystery of Credential Finance

Rediff.com3 May 2018

Its registration is unusual because the firm appears twice in the RoC database, but different identification numbers.

'This government wants to make India a gambling den'

'This government wants to make India a gambling den'

Rediff.com14 Mar 2018

'We feel there is definitely something murky in the system.' 'Will anyone believe that Nirav Modi will go to a branch and bribe a low-level officer?' 'Just look at the people with whom he had moved around.'

Total vehicle registrations in India slip 30% in 2020-21: FADA

Total vehicle registrations in India slip 30% in 2020-21: FADA

Rediff.com10 May 2021

The total vehicle registrations in India fell by 29.85 per cent to 1,52,71,519 units in financial year 2020-21, the lowest in the last eight years, the Federation of Automobile Dealers Associations (FADA) said on Monday. Total vehicle registrations were at 2,17,68,502 units in fiscal year 2019-20. All categories of vehicles, except tractors were in red in FY21 with two-wheeler (2W), three-wheeler (3W), commercial vehicles (CV) and passenger vehicles (PV) falling by 31.51 per cent, 64.12 per cent, 49.05 per cent and 13.96 per cent respectively -- the lowest in last eight years and way below the FY13 levels, FADA said in a statement.

RBI revises asset classification norms for infra firms

RBI revises asset classification norms for infra firms

Rediff.com26 Jun 2014

However, banks will not be able to retain the 'standard' asset classification status of the loan accounts in such cases.

Coronavirus fears send aerospace industry into tailspin

Coronavirus fears send aerospace industry into tailspin

Rediff.com22 Mar 2020

Several hundred Indian firms that manufacture or assemble Rs 10,000 crore worth of aerospace components annually for manufacturers like Boeing, Airbus, Lockheed Martin and Bell Helicopters now face disruptions relating to covid-19.

Asset quality of banks improved in March quarter: RBI

Asset quality of banks improved in March quarter: RBI

Rediff.com27 Jun 2013

NPA ratio declined to 3.4% of total loans outstanding, from 3.6% in the Jul-Sept quarter last year.

Bank mergers: Changes that customers can expect

Bank mergers: Changes that customers can expect

Rediff.com23 May 2016

Loan rates will change at the next reset, while deposit rates will continue till maturity.

Football Briefs: Higuain undergoes medical at Milan, Bonucci at Juve

Football Briefs: Higuain undergoes medical at Milan, Bonucci at Juve

Rediff.com2 Aug 2018

News of all that's transpired on and off the football field

Go paperless. Use DigiLocker

Go paperless. Use DigiLocker

Rediff.com10 May 2019

In DigiLocker, a user can get different government departments to issue documents in digital format. At present, there are 117 such issuers. You can get PAN, Aadhaar, vehicle fitness certificate, vehicle tax receipt, class ten and twelve mark sheets, driving licence, caste certificate, ration card, birth certificate, college degrees and diplomas, marriage certificate, and many more.

Meet the BJP's silent army in Bengal

Meet the BJP's silent army in Bengal

Rediff.com3 Apr 2021

'They are our go-to men, our trouble-shooters.' 'They draw their strength from remaining low-key and accessible only to our workers.'

Tracing the rise and fall of the King of Good Times

Tracing the rise and fall of the King of Good Times

Rediff.com4 Feb 2019

Vijay Mallya is accused of money laundering and violating the FEMA.

Know how to claim your PF money?

Know how to claim your PF money?

Rediff.com18 Apr 2018

Want to know how to claim tax deduction on property income you earn? Do you know how to withdraw unclaimed EPF money?

Indian among 6 charged in $30-million bank fraud

Indian among 6 charged in $30-million bank fraud

Rediff.com7 May 2014

Manjeet Bawa, 46, of New York and other co-defendants contracted to buy homes in Nassau and Suffolk Counties from innocent sellers at market prices.

Mallya saga: How it all began, and 'ended'

Mallya saga: How it all began, and 'ended'

Rediff.com10 Dec 2018

The UK Home Secretary will have to sign Mallya's extradition order within two months. However, Mallya's defence team has a chance to appeal in higher courts in the UK against the verdict.

Budget must provide a realistic road map

Budget must provide a realistic road map

Rediff.com14 Jan 2021

'But can it afford to present a scenario within the existing legal framework of fiscal consolidation?', asks A K Bhattacharya.

'Delhi Chalo': What the farmers' protest is all about

'Delhi Chalo': What the farmers' protest is all about

Rediff.com28 Nov 2020

Thousands of farmers have reached the national capital on their tractor-trolleys and other vehicles, responding to the 'Delhi Chalo' call against the agri-marketing laws enacted at the Centre in September. On Saturday morning, it wasn't clear if they will agree to move to the Burari ground on the outskirts of the city, where police said they can continue with their protest. Many protesters were demanding a better venue in the centre of Delhi. Originally, the protest was meant to be on November 26 and 27.

There is no liquidity crisis, PSBs tell Sitharaman

There is no liquidity crisis, PSBs tell Sitharaman

Rediff.com26 Sep 2019

Sitharaman said economic slowdown seems to have bottomed out and the coming festive season will help the economy start looking up.

Indian cos invested $9.6 bn in 5 countries

Indian cos invested $9.6 bn in 5 countries

Rediff.com1 Aug 2014

British Virgin Islands, Mozambique, the Netherlands, Mauritius and Singapore were the top five nations where Indian firms made investment of $9.6 billion in the last three years.

'We want to remain competitive in terms of rates and fees'

'We want to remain competitive in terms of rates and fees'

Rediff.com18 May 2017

If customers did not see value in what we provide them at the price point at which we provide these, they would not have been there with us in such a competitive market, says HDFC deputy managing director Paresh Sukthankar.

ICICI Bank goes slow on hiring for now

ICICI Bank goes slow on hiring for now

Rediff.com22 Nov 2014

The introduction of more technology platforms has also helped.

It's tax saving season again

It's tax saving season again

Rediff.com26 May 2015

While saving tax is important and certainly welcome, it's lot more important to ensure each instrument actually does the job it was originally meant to, says Manish Shah.

Football Extras: Another 'biting' incident

Football Extras: Another 'biting' incident

Rediff.com30 Nov 2018

News of all that's transpired on and off the football field

Punjab polls: Kejriwal releases AAP's 31-point farmers manifesto

Punjab polls: Kejriwal releases AAP's 31-point farmers manifesto

Rediff.com11 Sep 2016

The manifesto said that loans of poor farmers and farm labourers will be waived off and loans of SCs and BCs will also be waived off.

God help our economy

God help our economy

Rediff.com1 Feb 2019

Given Indian corporates's high indebtedness, new credit will be used for servicing loans rather than building factories. This is setting us up for more companies on life support and more zombie banks, warns Rahul Jacob.

Deepak Kochhar's NuPower in fresh controversy

Deepak Kochhar's NuPower in fresh controversy

Rediff.com27 Apr 2018

Shareholder advisory companies are raising eyebrows at the ICICI Bank board not being aware of Firstland's investment in NuPower

Modi is at a crucial juncture

Modi is at a crucial juncture

Rediff.com12 Sep 2017

'There is economic danger: Not inflation, but a slowdown that feeds an employment crisis,' says T N Ninan.

Zoomcar to be electric vehicle-driven by 2025

Zoomcar to be electric vehicle-driven by 2025

Rediff.com29 Dec 2019

The company, which rents cars by the hour, day, week and month, has Mahindra E2O Plus and Tata E Tigor available on the platform for which it charges a subscription fee of Rs 15,000-20,000 per month.