News for 'loan'

'Anxious' Indian students at Harvard stare at uncertainties

'Anxious' Indian students at Harvard stare at uncertainties

Rediff.com10 Jun 2025

Indian students at Harvard, on condition of anonymity, shared their concerns and experiences of the last few months during which the prestigious university has seen relentless attacks by the Trump administration.

Housing prices remain stable in Mumbai, Delhi in Q4

Housing prices remain stable in Mumbai, Delhi in Q4

Rediff.com7 May 2025

Average housing prices across Mumbai Metropolitan Region (MMR), Delhi-NCR, Chennai and Pune remained stable during the January-March period compared to the previous quarter while rates appreciated 4-5 per cent in the other four major cities, according to PropTiger. Data from real estate brokerage firm PropTiger, a part of REA India that owns Housing.com, showed that prices in Bengaluru and Hyderabad grew 5 per cent each while Ahmedabad and Kolkata saw an appreciation of 4 per cent each.

Using An App For A Loan? Read This First

Using An App For A Loan? Read This First

Rediff.com7 Mar 2024

Borrowing from a fraudulent loan app subjects the borrower to a variety of risks.

Mehul Choksi detained in Belgium on India's extradition request

Mehul Choksi detained in Belgium on India's extradition request

Rediff.com14 Apr 2025

Absconding diamond jeweller Mehul Choksi has been detained in Belgium following an extradition request by Indian probe agencies for his alleged involvement in the Rs 13,000 crore PNB bank loan 'fraud' case, official sources said Monday. The action against the diamantaire was taken on Saturday.

Homebuyers Beware: No Sale Agreement, No Legal Rights

Homebuyers Beware: No Sale Agreement, No Legal Rights

Rediff.com6 Jun 2025

Registering the agreement for sale remains the most reliable way for a homebuyer to secure their legal and financial interests.

Investing In Property? Read This

Investing In Property? Read This

Rediff.com10 Apr 2025

Buying makes sense for those planning to stay in a city for at least 7 to 10 years. Financial preparedness is crucial.

Why Are All Eyes on Nifty Bank?

Why Are All Eyes on Nifty Bank?

Rediff.com19 May 2025

With rising credit demand, cleaner balance sheets, and renewed investor confidence, banks are positioned at the forefront of the market rally. From major players like ICICI and HDFC to broader policy shifts, there's much driving this momentum.

Why Are All Eyes on Nifty Bank?

Why Are All Eyes on Nifty Bank?

Rediff.com19 May 2025

With rising credit demand, cleaner balance sheets, and renewed investor confidence, banks are positioned at the forefront of the market rally. From major players like ICICI and HDFC to broader policy shifts, there's much driving this momentum.

Why Are All Eyes on Nifty Bank?

Why Are All Eyes on Nifty Bank?

Rediff.com19 May 2025

With rising credit demand, cleaner balance sheets, and renewed investor confidence, banks are positioned at the forefront of the market rally. From major players like ICICI and HDFC to broader policy shifts, there's much driving this momentum.

Busted Pakistani propaganda among OIC nations: Shrikant Shinde

Busted Pakistani propaganda among OIC nations: Shrikant Shinde

Rediff.com5 Jun 2025

India succeeded in busting the Pakistani narrative on Operation Sindoor, particularly among the Organisation of Islamic Conference (OIC) member nations, where Islamabad sought succour after carrying out terror activities across the border, Shiv Sena leader Shrikant Shinde said.

7 Reasons To Be Financially Free By 45

7 Reasons To Be Financially Free By 45

Rediff.com10 Jun 2025

Wouldn't it be better to reach 45 with a backup engine of passive income that helps you glide through these years instead of grinding, asks Ramalingam Kalirajan

82% Indians Eye Job Change In 12 Months

82% Indians Eye Job Change In 12 Months

Rediff.com12 May 2025

As many as 76 per cent of respondents said they will be willing to sacrifice existing benefits for better ones.

Govt abruptly terminates IMF ED Subramanian's services 6 months ahead of tenure

Govt abruptly terminates IMF ED Subramanian's services 6 months ahead of tenure

Rediff.com4 May 2025

In an unexpected move, the government has terminated services of K V Subramanian as the executive director at the International Monetary Fund (IMF) six months ahead of his three-year tenure. The move comes days before the IMF executive board is to consider financial aid for debt-ridden Pakistan.

Be Careful About Festival Loan Offers

Be Careful About Festival Loan Offers

Rediff.com1 Dec 2023

'Look not just at the interest rate but also the processing fee.'

'Our unsecured loan portfolio is better than secured'

'Our unsecured loan portfolio is better than secured'

Rediff.com17 Feb 2024

'Our unsecured loan is not exactly unsecured. It is backed by cash flow of customers.'

Moody's lauds RBI move on unsecured loans

Moody's lauds RBI move on unsecured loans

Rediff.com20 Nov 2023

The RBI's decision to tighten norms for unsecured personal loans is credit positive because lenders will need to allocate higher capital for such loans, thus improving their loss-absorbing buffers, Moody's Investors Service said on Monday. The Reserve Bank last week raised risk weights on unsecured retail loans, credit cards and lending to non-banking finance companies (NBFCs) by 25 percentage points. Moody's said unsecured loans have been growing rapidly in the past few years, exposing financial institutions to a potential spike in credit costs in case of sudden economic or interest rate shocks.

Bandhan Bank's micro challenges: Unsecured loan book, CEO's tenure

Bandhan Bank's micro challenges: Unsecured loan book, CEO's tenure

Rediff.com1 Mar 2024

It is 10 years since Bandhan Financial Services became the first microfinance institution (MFI) to receive the universal bank licence. A year later, in 2015, it started operations. Bandhan's entry into banking was seen as a vote of confidence by the Reserve Bank of India (RBI) for the country's microfinance sector. Subsequently, the RBI awarded small finance bank licences to nine MFIs.

The Harsh Reality For Wayanad Survivors

The Harsh Reality For Wayanad Survivors

Rediff.com27 Mar 2025

In Kerala's society, known for its high material standard of living, plunging into a state of having nothing overnight can be terrible for one's social standing and sense of self-esteem. Rehabilitation entails piecing a community back together after a disturbance and while its aim is noble, the act of reassembling will bring alive disparities and inequalities, explains Shyam G Menon.

'A Great Retirement Product For Every Indian Is...'

'A Great Retirement Product For Every Indian Is...'

Rediff.com4 Apr 2025

Ask rediffGURU and PF expert Milind Vadjikar your insurance, stocks, mutual fund and personal finance-related questions.

'China Will Keep Supplying Pakistan Weapons'

'China Will Keep Supplying Pakistan Weapons'

Rediff.com14 May 2025

'The lesson Beijing would have learned is that there is, cost-benefit wise, no better option than to keep the Pakistan military supplied with its most advanced armaments, certain that in hostilities with India these would be used for maximum effect.'

Champions League: Arsenal need 'something special' vs PSG in second leg SF

Champions League: Arsenal need 'something special' vs PSG in second leg SF

Rediff.com30 Apr 2025

Mikel Arteta said his Arsenal side must do something special next week to reach the Champions League final after a 1-0 defeat by Paris St Germain in the semi-final first leg at home on Tuesday.

Amritsar-Wagah War Losses: Rs 12,000 Crore

Amritsar-Wagah War Losses: Rs 12,000 Crore

Rediff.com29 May 2025

'Only those who live through these situations understand the true cost of war.'

Home loan outstanding up by Rs 10 lakh cr in last 2 yrs

Home loan outstanding up by Rs 10 lakh cr in last 2 yrs

Rediff.com5 May 2024

Credit outstanding to the housing sector rose by nearly Rs 10 lakh crore in the last two fiscals to reach a record Rs 27.23 lakh crore in March this year, according to RBI's data on 'Sectoral Deployment of Bank Credit'. Experts from banking and real estate sectors attributed this growth in housing credit outstanding to a strong revival in the residential property market post-COVID pandemic on pent-up demand. According to the data of the Reserve Bank of India (RBI) on sectoral deployment of bank credit for March 2024, the credit outstanding to the housing (including priority sector housing') stood at Rs 27,22,720 crore in March 2024, up from Rs 19,88,532 crore in March 2023, and Rs 17,26,697 crore in March 2022.

Modi's warning to Pakistan in Kanpuriya lingo draws cheers

Modi's warning to Pakistan in Kanpuriya lingo draws cheers

Rediff.com30 May 2025

Prime Minister Narendra Modi on Friday said the world has seen the power of India's indigenous weapons during Operation Sindoor, which is 'not over yet'.

AFC Qualifiers: Chhetri & Co held to goalless draw by B'desh

AFC Qualifiers: Chhetri & Co held to goalless draw by B'desh

Rediff.com25 Mar 2025

India and Bangladesh played out a goalless draw in their 2027 AFC Asian Cup qualifying round match in Shillong on Tuesday.

Belgian court rejects Mehul Choksi's bail plea

Belgian court rejects Mehul Choksi's bail plea

Rediff.com22 Apr 2025

A Belgian court has declined the bail plea of Mehul Choksi, a key accused in the Rs 13,500 crore Punjab National Bank (PNB) loan fraud case.

'We're Winning The War Against Terrorism'

'We're Winning The War Against Terrorism'

Rediff.com30 May 2025

'We've moved from thousands killed yearly in Jammu and Kashmir to 127 last year.' 'Cross-border terrorism in Kashmir is being solved. We are winning it.'

From 96% holding to a sliver: How Gensol promoters made swift exit

From 96% holding to a sliver: How Gensol promoters made swift exit

Rediff.com29 Apr 2025

When Gensol Engineering made its public market debut through a small and medium enterprises (SME) initial public offering (IPO) in September 2019, its promoters held a commanding 96 per cent stake. Now, that figure has shrunk to a "negligible" fraction.

Religare Enterprises begins governance review of firm, subsidiaries

Religare Enterprises begins governance review of firm, subsidiaries

Rediff.com18 Mar 2025

Religare Enterprises Ltd (REL) on Monday notified the exchanges that its Board has commissioned a governance review of REL and its subsidiaries - Religare Finvest and Religare Housing Development Finance. Additionally, the Board has decided to approach the new promoters, the Burman Group, for immediate funding support to sustain operations of the company.

'Tax Liability Can Be Reduced By 3L'

'Tax Liability Can Be Reduced By 3L'

Rediff.com21 Feb 2025

rediffGURU Vivek Lala answers your income tax and personal finance queries.

Why brokerages are bullish on Hindalco

Why brokerages are bullish on Hindalco

Rediff.com29 May 2025

Hindalco's India business, including Utkal Alumina, reported good results for the January-March quarter of the financial year 2024-25 (FY25) and consolidated earnings before interest, taxes, depreciation, and amortisation (Ebitda) also rose. Earnings growth was driven by favourable pricing, lower input costs and lower tax outgo for Novelis.

Women Drive Used-Car Boom

Women Drive Used-Car Boom

Rediff.com9 Apr 2025

77 per cent of all transactions in the January-March 2025 period took place digitally, indicating continued preference for online car purchases.

'ROI On An MBA Is Seriously Messed Up'

'ROI On An MBA Is Seriously Messed Up'

Rediff.com12 Mar 2025

Why has a Reddit user's post -- where the user warns that 'even an IIM tag won't save you' -- created a storm online?

Under huge debt, Haryana family's horrific suicide pact

Under huge debt, Haryana family's horrific suicide pact

Rediff.com28 May 2025

Six members of a family were found dead inside a car parked in Haryana's Panchkula, while one more died on the way to a hospital, police said on Tuesday, suspecting a suicide pact. Police are investigating the incident from all angles.

RBI lens on 8 fintech companies in P2P lending space

RBI lens on 8 fintech companies in P2P lending space

Rediff.com28 Jan 2025

Currently there are 26 licensed players in the P2P lending sector but only 10-11 are actively operating.

Want To Invest In Banking Sector Funds?

Want To Invest In Banking Sector Funds?

Rediff.com29 Jan 2025

The ideal time to invest in sector funds, is during a downturn so that investors can capitalise on a turnaround in 1.5 to 2 years.

Sensex, Nifty fall on selling in Axis Bank, Indo-Pak tensions

Sensex, Nifty fall on selling in Axis Bank, Indo-Pak tensions

Rediff.com25 Apr 2025

However, Tata Consultancy Services, Infosys, Tech Mahindra, UltraTech Cement, IndusInd Bank, Hindustan Unilever and ICICI Bank were the gainers.

'There is huge demand for home loans'

'There is huge demand for home loans'

Rediff.com2 Dec 2023

'We started affordable housing loans that has good traction and the books have grown to Rs 750 crore as of the end of last quarter.'

The 17 Girls India Will Never Forget

The 17 Girls India Will Never Forget

Rediff.com29 May 2025

Barely out of their teens, the first batch of girls will graduate alongside 300 male cadets from the National Defence Academy.

Nifty Bank's valuation still lags Nifty 50's despite recent rally

Nifty Bank's valuation still lags Nifty 50's despite recent rally

Rediff.com7 May 2025

Banks have outperformed the broader market in the past six months and most of the leading lenders have given positive returns to investors compared to a negative return delivered by benchmark indices.