Rajiv Kumar assumes charge as chief election commissioner

Former finance secretary Rajiv Kumar took charge as the 25th chief election commissioner (CEC) on Sunday and the first major task before him will be to hold the President and the Vice President......

Cong questions delay in FIR against ABG Shipyard in duping 28 banks

The Congress on Sunday accused those sitting in the highest echelons of power in the Narendra Modi government of complicity, collusion and connivance in what it described as "India's biggest bank......

A fifth of AIF investments questionable in terms of intent: Sebi official

Sebi had issued norms to bring clarity on the on boarding of accredited investors, however, the certification for the same have not picked up much. Illustration: Uttam Ghosh/Rediff.com Around Rs 1......

Bad loans in P2P more than doubles to Rs 1,163 cr in FY24

NBFCs' P2P platforms provide an online marketplace for participants, which includes individual lenders and borrowers. Illustration: Dominic Xavier/Rediff.com Bad loans in the peer-to-peer (P2P)......

Asset quality risk, a worry for IndusInd

A Rs 525-crore contingency provision during the July-September period led to a 19 per cent fall in IndusInd Bank’s share price on Friday (October 25). Photograph: Anushree Fadnavis/Reuters......

HDFC Bank aims to reduce CD ratio, plans slower loan growth in FY25

The country’s largest private sector lender HDFC Bank on Saturday said it will grow its loan book slower than the industry in the current financial year (FY25). Photograph: Shailesh......