Search For "asset quality"
Poonawalla Fincorp Q3FY22 Consolidated Profit Before Tax up 651 percent Yo
Updated : 4 years, 1 month ago IST
Pune (Maharashtra) [India], February 2 (ANI/BusinessWire India): The Board of Directors of Poonawalla Fincorp Limited (PFL), a non-deposit taking systemically important NBFC focusing on consumer and small business finance, today announced its un-audited results for the quarter ended December
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S&P upgrades outlook on Axis Bank from 'stable' to 'positive'
Updated : 4 years, 1 month ago IST
Mumbai [India], January 26 (ANI): Global ratings agency Standard and Poor's (S&P) has upgraded the outlook on Axis Bank from 'stable' to 'positive' citing an improvement in asset quality of the private sector lender.
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Singapore's DBS Bank post 31 percent rise in Q3 profits, LVB integration '
Updated : 4 years, 4 months ago IST
Singapore, November 8 (ANI): Last week, DBS Bank, Southeast Asia's largest bank by assets, announced sterling Quarter 3 profits which beat analysts average forecast on Refinitiv by SGD 130 million. The Singapore-based lender reported a net profit of SGD 1.7 billion (USD 1.26 billion) for the
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Indian banks' improved performance reflects deferred recognition of asset
Updated : 4 years, 6 months ago IST
London [UK], September 10 (ANI): Indian banks' improved performance for the financial year ended March 2021 (FY21) is in contrast to the stress evident from extension of Covid-19-related relief measures to borrowers, Fitch Ratings has said.
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Ind-Ra affirms IDFC First Bank's debt instruments at AA-plus with negative
Updated : 4 years, 7 months ago IST
Mumbai (Maharashtra) [India], August 7 (ANI): India Ratings and Research (Ind-Ra) has affirmed IDFC First Bank's (IDFCFB's) debt instruments' ratings at AA-plus with a negative outlook.
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S&P revises Indian Bank's outlook to stable, BBB-/A-3 ratings affirmed
Updated : 4 years, 7 months ago IST
Singapore, Aug 6 (ANI): S&P Global Ratings has revised its rating outlook on Indian Bank to stable from negative.
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Moody's affirms IDBI Bank's deposit ratings, upgrades BCA
Updated : 4 years, 8 months ago IST
Singapore, June 25 (ANI): Moody's Investors Service on Friday affirmed IDBI Bank Ltd's long-term deposit and senior unsecured debt ratings at Ba2.
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IIFCL posts Rs 286 crore standalone PAT in FY21
Updated : 4 years, 8 months ago IST
New Delhi [India], June 22 (ANI): Government-owned India Infrastructure Finance Company Ltd (IIFCL) said on Tuesday it has returned to profitability with a standalone profit after tax of Rs 286 crore and consolidated profit after tax of Rs 325 crore in the fiscal year 2020-21.
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NBFC-MFI sector may see more restructuring of portfolio: Crisil
Updated : 4 years, 9 months ago IST
Mumbai (Maharashtra) [India], June 12 (ANI): A hit to collection efficiency of non-banking finance companies and microfinance institutions (NBFCs-MFIs) owing to protracted Covid-19 curbs will increase asset-quality pressures in the sector, according to Crisil Ratings.
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73 pc of credit managers likely to change lending strategies post pandemic
Updated : 4 years, 9 months ago IST
New Delhi [India], May 29 (ANI): Nearly 73 per cent of credit managers are expected to change their lending strategies, especially for the unsecured portfolio, in order to manage asset quality and mitigate emerging risks in the portfolio, according to a recent PwC Equifax survey.
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S&P affirms BB/B ratings on IDBI Bank with negative outlook
Updated : 4 years, 9 months ago IST
Mumbai (Maharashtra) [India], May 28 (ANI): S&P Global Ratings has affirmed BB long-term and B short-term foreign currency issuer credit ratings on IDBI Bank.
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Vehicle financers face risk with falling fleet utilisation: Ind-Ra
Updated : 4 years, 9 months ago IST
Mumbai (Maharashtra) [India], May 26 (ANI): India Ratings and Research (Ind-Ra) has said the second Covid wave will have a material impact on vehicle financers' asset quality as borrowers are grappling with reduced capacity utilisation and increased operating costs.
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