Mumbai (Maharashtra) [India], Mar 19 (ANI): Rating agency Crisil on Thursday assigned A2 rating to the Rs 20,000 crore certificate of deposit programme of Yes Bank Ltd.
Singapore, Mar 12 (ANI): Non-bank financial institutions (NBFIs) will likely face renewed pressure on funding and liquidity following the Reserve Bank of India's (RBI's) takeover of Yes Bank this month, according to Fitch Ratings.
Mumbai (Maharashtra) [India], Mar 11 (ANI): Private sector lender RBL Bank said on Wednesday it is a fundamentally strong institution and speculation over financial health and stability of the institution especially in social media seem to be misplaced, motivated and not based on facts.
Singapore, Mar 9 (ANI): Fitch Ratings said on Monday that operating environment remains difficult for India's banks in line with its negative outlook for the sector despite some indications of an improvement in the macroeconomic outlook.
Mumbai (Maharashtra) [India], Mar 7 (ANI): India Ratings and Research (Ind-Ra) has downgraded PNB Housing Finance Ltd's (PNBHF) non-convertible debentures (NCDs) rating to AA from AA-plus with a stable outlook.
Mumbai (Maharashtra) [India], Feb 18 (ANI): Crisil has assigned AA/Stable rating to the Rs 2,000 crore tier two bonds under Basel III norms of IDFC First Bank Ltd.
Mumbai (Maharashtra) [India], Feb 10 (ANI): State-owned Union Bank of India on Monday reported a net profit for Q3 FY20 at Rs 575 crore as compared to a loss of Rs 1,194 crore in Q2 FY20.
Mumbai (Maharashtra) [India], Jan 31 (ANI): Government-owned State Bank of India (SBI) on Friday reported the highest-ever quarterly net profit of Rs 5,583 crore in the October to December quarter, up 41 per cent year-on-year due to lower provisions.
Mumbai (Maharashtra) [India], Jan 15 (ANI): Shares of Yes Bank rose by 4.6 per cent on Wednesday afternoon after the embattled private sector lender invoked pledge and acquired 30 per cent of Rosa Power Supply Company Ltd.
New Delhi [India], Dec 18 (ANI): State-owned Punjab National Bank (PNB) said on Wednesday that Crisil has placed its bonds on rating watch with developing implications from the previous rating of AA-plus with a stable outlook.
Hong Kong, Dec 10 (ANI): India's non-bank financial companies (NBFCs) will look increasingly to offshore financing in 2020 as local funding conditions are likely to remain under pressure, according to Fitch Ratings.