Search results for ' Credits'

Mohammad Yunus: The Nobel laureate Prof who will head new Bangladesh govt

Mohammad Yunus: The Nobel laureate Prof who will head new Bangladesh govt

Rediff.com7 Aug 2024

Life has come full circle for Nobel laureate Professor Mohammad Yunus, who faced persecution during Sheikh Hasina's regime for embezzlement, is now all set to head of the interim government in Bangladesh after she resigned and fled the country.

Kusale's journey from Railways to Olympic bronze

Kusale's journey from Railways to Olympic bronze

Rediff.com2 Aug 2024

Swapnil Kusale made a conscious effort to not pay attention to the scores and just wanted to worry about his breathing and shooting the 50m Rifle 3 Positions shooting at the Paris Games on Thursday. .

Yes Bank Q1 net profit surges 46.7% on lower provisions

Yes Bank Q1 net profit surges 46.7% on lower provisions

Rediff.com20 Jul 2024

Private sector lender Yes Bank on Saturday reported a 46.7 per cent growth in net profit to Rs 502 crore for the June 2024 quarter, helped by a reduction in provisions. The city-headquartered bank's core net interest income rose 12.2 per cent to Rs 2,000 crore. Its net interest margin stayed flat at 2.4 per cent.

How 156 Soldiers Built A Bridge of Hope In 36 Hours

How 156 Soldiers Built A Bridge of Hope In 36 Hours

Rediff.com12 Aug 2024

'It was a war-like situation, but instead of enemy fire, we fought against the vagaries of nature,' says Major Seeta Shelke.

Beware! Cybercriminals May Target Olympics

Beware! Cybercriminals May Target Olympics

Rediff.com26 Jul 2024

Domains spoofing the legitimate Olympics Web site, while fake mobile apps masquerading as transport, booking, or other planning apps are also certain to be leveraged by fraudsters during the event, cybersecurity firms say, which puts Indian users also at risk.

Multiple triggers ahead for affordable housing finance companies

Multiple triggers ahead for affordable housing finance companies

Rediff.com26 Jul 2024

Mortgage finance remains a structural growth opportunity in India with a policy focus on affordable housing, housing shortages, low mortgage penetration, and rising incomes as drivers. Affordable Housing Finance Companies (AHFCs) serve the mass market, low-income segments, which is the least-serviced category, and to operate in this segment, the mortgage provider needs good assessment skills. AHFCs and HFCs have also been increasing exposure in other mortgage segments (loan against property, developer loans among others).

Manika, Sreeja beaten in TT singles pre-quarter-finals

Manika, Sreeja beaten in TT singles pre-quarter-finals

Rediff.com1 Aug 2024

Indian ace Manika Batra's impressive run in the Paris Olympics came to an end in Paris on Wednesday with a 1-4 defeat at the hands of higher-ranked Japanese Miu Hirano in the women's singles pre-quarterfinals.

Peaty eyes 'three-peat' to extend rule in the pool

Peaty eyes 'three-peat' to extend rule in the pool

Rediff.com26 Jul 2024

Adam Peaty hopes to emulate retired American great Michael Phelps, the only swimmer to win gold in the same event at three successive Games, at the Paris Olympics.

'Want to keep playing fearless cricket': Harmanpreet

'Want to keep playing fearless cricket': Harmanpreet

Rediff.com20 Jul 2024

India captain Harmanpreet Kaur wants her side to play fearless cricket to claim an eighth consecutive women's Asia Cup title.

Kotak Bank barred from onboarding customers online, issuing fresh credit cards

Kotak Bank barred from onboarding customers online, issuing fresh credit cards

Rediff.com24 Apr 2024

Cracking down on repeated non-compliance of IT norms, the RBI on Wednesday barred Kotak Mahindra Bank from onboarding new customers through its online and mobile banking channels and issuing fresh credit cards with immediate effect after the regulator found "serious deficiencies" in the lender's IT risk management. These actions, the RBI said, are necessitated based on significant concerns arising out of Reserve Bank's IT examination of the bank for the years 2022 and 2023 and the continued failure on part of the bank to address these concerns in a comprehensive and timely manner.

'For 5 cr corpus in 5 yrs you must...'

'For 5 cr corpus in 5 yrs you must...'

Rediff.com14 Aug 2024

Do you have financial planning or income tax queries? Ask rediffGURU Anil Rego.

5-term PM Sheikh Hasina's dramatic fall!

5-term PM Sheikh Hasina's dramatic fall!

Rediff.com5 Aug 2024

Sheikh Hasina, who was elected for a record fourth consecutive term and fifth overall term this year, was always admired by her supporters as "Iron Lady", before the dramatic development that abruptly ended her 15-year-rule in Bangladesh.

Why Janhvi Got Aggressive!

Why Janhvi Got Aggressive!

Rediff.com5 Aug 2024

'It went from me being scared and intimidated by him to me being very aggressive and passionate.'

Budget 2024: Sitharaman unveils road map for 'Viksit Bharat'

Budget 2024: Sitharaman unveils road map for 'Viksit Bharat'

Rediff.com24 Jul 2024

Finance Minister Nirmala Sitharaman's Budget proposals lay out a comprehensive road map for transforming India into a developed nation, focusing on key priorities that aim to generate ample opportunities for all citizens in "Viksit Bharat". It sets the stage for sustained economic growth, social development, and technological advancement.

Job creation gets Budget boost with incentives

Job creation gets Budget boost with incentives

Rediff.com24 Jul 2024

Recognising job creation for the youth as the foremost challenge for the economy, Finance Minister Nirmala Sitharaman on Tuesday announced a comprehensive Prime Minister's package to facilitate the employment and skilling of 41 million youth with a central outlay of Rs 2 trillion over the next five-year period. The package will consist of five schemes and initiatives - three focused on jobs and two on skilling.

Old Tax Regime May Soon Be History

Old Tax Regime May Soon Be History

Rediff.com24 Jul 2024

There are a number of steps taken that will leave more money in the hands of the taxpayers.
These include the reduction in tax rates under the new tax regime, increase in standard deduction, allowing tax collected at source to be adjusted against tax deducted at source from salaries, notes Harsh Roongta.

PIX: China end US reign; Sjostrom does sprint double

PIX: China end US reign; Sjostrom does sprint double

Rediff.com5 Aug 2024

Images from the Olympics swimming action at the La Defense Arena, Paris, on Sunday.

Arshdeep credits Bumrah for taming the swing

Arshdeep credits Bumrah for taming the swing

Rediff.com6 Jun 2024

Arshdeep said for a bowler like him, he would rather focus on his process rather than look at the scoreboard.

Fraser-McGurk credits coach Ponting for dream IPL debut

Fraser-McGurk credits coach Ponting for dream IPL debut

Rediff.com13 Apr 2024

Delhi Capitals young batting sensation Jake Fraser-McGurk says if he was able to handle the nerves on his IPL debut, the credit goes to coach Ricky Ponting, who advised him to time the ball instead of swinging his bat wildly.

Banks make beeline for fundraise via infrastructure bonds

Banks make beeline for fundraise via infrastructure bonds

Rediff.com17 Jul 2024

Public-sector banks, including Canara Bank and Bank of India, are tapping the infrastructure bond market. Canara Bank on Tuesday raised Rs 10,000 crore at a coupon rate of 7.40 per cent through 10-year infrastructure bonds. This comes after SBI on July 10 raised Rs 10,000 crore also through infrastructure bonds with a 15-year tenor at a coupon rate of 7.36 per cent.

Dutt hopes wrestlers overcome turmoil to win medals

Dutt hopes wrestlers overcome turmoil to win medals

Rediff.com22 Jul 2024

Really pained by events in Indian wrestling but hopeful of two medals: Yogeshwar Dutt

Southgate quits as England manager after Euros final defeat

Southgate quits as England manager after Euros final defeat

Rediff.com16 Jul 2024

Gareth Southgate took charge in 2016 and oversaw 102 games, leading the team to the World Cup semi-finals in 2018 as well as the Euros finals in 2021 and 2024.

Now, 5% uniform IGST rate on all aircraft, engine parts

Now, 5% uniform IGST rate on all aircraft, engine parts

Rediff.com15 Jul 2024

The government on Monday announced the implementation of a 5 per cent uniform IGST rate on all aircraft and aircraft engine parts to boost the industry. The decision, which comes into force with immediate effect, marks a significant milestone for the domestic Maintenance, Repair, and Overhaul (MRO) industry, aimed at making India a global aviation hub, an official release said. Earlier, IGST rates on all aircraft and engine parts were ranging from 5 per cent to 28 per cent.

PICS: Leander, Amritraj inducted into Hall of Fame

PICS: Leander, Amritraj inducted into Hall of Fame

Rediff.com21 Jul 2024

Now both men have made history for their country, leaving a permanent mark on the history books.

PIX: India humiliated as Sri Lanka clinch series

PIX: India humiliated as Sri Lanka clinch series

Rediff.com7 Aug 2024

IMAGES from the 3rd ODI played between Sri Lanka and India, in Colombo, on Wednesday.

'What is happening in Bangladesh can happen in India'

'What is happening in Bangladesh can happen in India'

Rediff.com7 Aug 2024

"Everything may look normal in Kashmir. Everything may look normal here. We may be celebrating the victory, although of course some people believe that that victory or that success of 2024 was perhaps only marginal, perhaps a lot more needs to be done," he said.

Credit growth, quality assets likely to spur bank profits in Q4 FY24

Credit growth, quality assets likely to spur bank profits in Q4 FY24

Rediff.com17 Apr 2024

With high credit growth and healthy asset quality, listed commercial banks are expected to report steady growth in earnings during the fourth quarter ended March 2024 (Q4 FY24). Profits are expected to grow at 9.6 per cent year-on-year (Y-o-Y) and net interest income (NII) by 8.7 per cent in Q4 FY24, according to Bloomberg analysts' estimates. According to Motilal Oswal Securities, while bank credit growth has been robust, deposit growth has also gathered pace.

Meet Yuzi Chahal's 'Lady Luck'

Meet Yuzi Chahal's 'Lady Luck'

Rediff.com8 Jul 2024

Yuzvendra Chahal posed with wife Dhanashree Verma along with the World Cup winner's medal

Hard Choice Modi Must Make

Hard Choice Modi Must Make

Rediff.com22 Aug 2024

Modi can abandon the path of Hindutva only at risk to his position within his own fraternity. But if he pursues a hard line, he faces the risk of being hauled up by his coalition-partners. For the first time in a decade, Modi is not in enviable situation, observes Nilanjan Mukhopadhyay.

Big Steel Boys Pushing Future Mobiility Pedal

Big Steel Boys Pushing Future Mobiility Pedal

Rediff.com11 Aug 2024

From setting up cutting-edge facilities to cater to the domestic market and building capabilities of global standards, the action is building up.

How Banks Plan To Tackle 'Mule' Fraud

How Banks Plan To Tackle 'Mule' Fraud

Rediff.com8 Aug 2024

'A mule operates someone else's account to transfer illegal money.'

Despair to glory: Sarabjot's iconic Olympic turnaround

Despair to glory: Sarabjot's iconic Olympic turnaround

Rediff.com30 Jul 2024

From feeling hopeless to Olympic medal three days later, the changing fortunes of shooter Sarabjot Singh

140 million HDFC Bank, Axis customers may face service interruption

140 million HDFC Bank, Axis customers may face service interruption

Rediff.com12 Jul 2024

As many as 140 million customers of HDFC Bank and Axis Bank are expected to face interruption in banking services in the weekend due to the former's system upgrade and the transition of Citi India business to the latter. Both the banks have notified their customers about the interruption in services. HDFC Bank - the country's largest private sector lender with 93.2 million customers - had announced that it will undertake a system upgrade on July 13, wherein it will migrate its core banking system (CBS) to a new engineered platform to enhance customer experience.

Tyger Capital to list by next year, targets Rs 20,000 crore book

Tyger Capital to list by next year, targets Rs 20,000 crore book

Rediff.com12 Jul 2024

Bain Capital-backed Tyger Capital is planning to list its shares on the Indian stock exchanges by the next financial year and is targeting to grow its assets under management by four times to Rs 20,000 crore in five years from Rs 5,000 crore now, Gaurav Gupta, MD and CEO of the firm said. In an exclusive interview, Gupta said that keeping with the growing business, the finance company expects to on-board 600 people in the current financial year as it is opening 60-65 new branches for broad-basing its network in the country.

Abhishek credits Lara, Yuvraj for smashing form!

Abhishek credits Lara, Yuvraj for smashing form!

Rediff.com6 Apr 2024

Abhishek Sharma's stupendous 12-ball 37 set up Sunrisers Hyderabad's successful run chase against Chennai Super Kings.

'Frazer-McGurk hit the ball really well; credit to him'

'Frazer-McGurk hit the ball really well; credit to him'

Rediff.com13 Apr 2024

Lucknow Super Giants skipper K L Rahul was all praise for young Delhi Capitals batter Jake Frazer-McGurk, saying the Australian batter took his team by surprise.

Raayan Review: Dhanush Works His Magic Again

Raayan Review: Dhanush Works His Magic Again

Rediff.com29 Jul 2024

Dhanush deserves credit for imagining a visually rich, edgy action thriller which is enhanced by a fascinating background score from A R Rahman, observes Divya Nair.

How Postmen Can Help Micro-Entrepreneurs

How Postmen Can Help Micro-Entrepreneurs

Rediff.com11 Jul 2024

'The dakiyas will be our partners, receiving credit proposals from micro-enterprises at the grassroots level.'

Rural two-wheeler demand roars back to life in first half of 2024

Rural two-wheeler demand roars back to life in first half of 2024

Rediff.com22 Jul 2024

The two-wheeler segment has shown signs of recovery in the first half (H1) of calendar year (CY) 2024, largely driven by improving performance in rural areas. According to the Federation of Automobile Dealers Associations, rural contribution to two-wheeler sales surged by 57-60 per cent in the April-June quarter of 2024-25, indicating a rising demand in these regions. Experts believe that this trend will continue, supported by a favourable monsoon season and government initiatives aimed at rural development.

Indian food services sector to grow by 8.1% from 2024 to 2028: Report

Indian food services sector to grow by 8.1% from 2024 to 2028: Report

Rediff.com10 Jul 2024

Indian food services sector is expected to grow at a CAGR (compounded annual growth rate) of 8.1 per cent between 2024 and 2028 on the back of rapid urbanisation, robust GDP growth, a rising younger population, and greater exposure among consumers, said a new report. The India Food Services Report-2024, brought out by the National Restaurants Association of India (NRAI), states that the sector contributes 1.9 per cent to India's GDP and is projected to grow to Rs 7.76 trillion by 2028 from Rs 5.69 trillion currently.

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