There is a need for real-time or near real-time credit reporting, instead of the current fortnightly system, to improve underwriting precision, enable timely reflection of borrower actions such as loan closures or repayments, and deliver a superior consumer experience, Deputy
‘Every delay directly increases the cost burden on developers. Land holding charges, financing costs, and compliance expenses escalate as approvals drag on.’ Kindly note the images have only been published for representational purposes. Photograph: Hitesh Harisinghani/Rediff Challenges of environmental clearance
Benchmark indices Sensex and Nifty pared early gains to end lower on Wednesday, dragged down by selling pressure in HDFC Bank, L&T and Reliance Industries shares ahead of the impending US tariff deadline. Photograph: Shailesh Andrade/Reuters Flight of foreign capital
Hectic parleys are underway between officials of India and the US in Washington on the proposed interim trade agreement between the two countries, an official said on Wednesday. Illustration: Dado Ruvic/Reuters The talks entered the seventh day on Wednesday in
Harindarpal Singh Banga and Indra Banga are likely to sell a 2.1% equity stake in the fashion and beauty retailer Nykaa Ltd, through block deals, sources privy to the developments told CNBC-TV18. The total block size is estimated at ₹1,200
Mumbai: Harindarpal Singh Banga, along with Indra Banga, will sell a 2.1% stake worth $140.3 million (approximately ₹1,200 crore) in beauty and personal care company Nykaa through a block deal, according to a term sheet accessed by Mint. The Bangas,
State Bank of India has decided to classify the loan account of beleaguered telecom firm Reliance Communications as “fraud” and to report the name of its erstwhile director — Anil Ambani to the Reserve Bank of India (RBI), according to
India’s fair trade regulator Competition Commission of India (CCI) has launched a formal investigation against India’s biggest paints firm, Asian Paints, for alleged abuse of its dominant position in the organised decorative paints market, following a complaint by Aditya Birla
Gross GST collections increased by 6.2 per cent to over Rs 1.84 lakh crore in June but slipped below the Rs 2 lakh crore mark recorded in the previous two months. Illustration: Dominic Xavier/Rediff Gross GST collections stood at Rs
The high-value Rs 2000 notes worth Rs 6,099 crore are still in circulation even after two years of the Reserve Bank withdrawing the currency, according to official data released on Tuesday. Photograph: PTI Photo from the Rediff Archives Rs 2000
