Search For "asset quality"
Canara Bank back in profit at Rs 1,011 crore on lower provisioning
Updated : 4 years, 9 months ago IST
Bengaluru (Karnataka) [India], May 18 (ANI): Public sector lender Canara Bank said on Tuesday its net profit stood at Rs 1,011 crore in the January to March quarter (Q4 FY21) against a loss of Rs 3,259 crore in the year-ago period.
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India's investment-grade rating remains under strain: Fitch
Updated : 4 years, 10 months ago IST
London [UK], May 15 (ANI): Downside pressures on India's creditworthiness remain prominent and the ongoing health crisis will depress economic activity in the near term, Fitch Ratings has said.
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RBI's relief to postpone financial stress from Covid-19 surge: Fitch
Updated : 4 years, 10 months ago IST
Singapore, May 10 (ANI): There are growing indications that India's latest wave of Covid-19 infections will add to risks among financial institutions (FIs) by sapping near-term momentum from the economic recovery, according to Fitch Ratings.
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PNB Housing Finance reports net profit of Rs 127 crore in Q4
Updated : 4 years, 10 months ago IST
Mumbai (Maharashtra) [India], April 28 (ANI): PNB Housing Finance has reported a consolidated net profit of Rs 127 crore for the January to March quarter as compared to a net loss of Rs 242 crore in the same period a year ago.
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Concerns re-emerge on retail loans asset quality due to increasing lockdow
Updated : 4 years, 10 months ago IST
New Delhi [India], Apr 24 (ANI): The rising Covid-19 cases has again raised concerns on asset quality of retail loans from non-banking financial companies (NBFCs) and housing finance companies (HFCs), , according to investment information agency ICRA.
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Asset quality headwinds to impact retail NBFC net earnings in FY22: ICRA
Updated : 4 years, 11 months ago IST
New Delhi [India], April 17 (ANI): The growth in assets under management (AUMs) of retail non-banking financial company (retail NBFC) sector is expected to revive in FY22 to about 8 to 10 per cent as compared to an estimated growth of a muted 3 to 5 per cent in FY2021, according to investmen
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Coronavirus surge can delay Indian NBFIs' recovery: Fitch
Updated : 4 years, 11 months ago IST
Singapore, April 8 (ANI): India's non-bank financial institutions (NBFIs) face renewed asset quality and liquidity risks amid a second wave of coronavirus infections, according to Fitch Ratings.
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Banks' asset quality remains monitorable despite lower increase in NPAs: I
Updated : 4 years, 11 months ago IST
New Delhi [India], April 6 (ANI): Despite a decline in reported gross and net non-performing assets (NPAs) by banks, their assets quality continues to remain monitorable, ICRA Ratings has said.
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Moody's affirms IndusInd Bank's ratings, revises outlook to stable
Updated : 4 years, 11 months ago IST
Singapore, March 27 (ANI): Moody's Investors Service has affirmed long-term local and foreign currency deposit ratings of IndusInd Bank at Ba1.
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Indian banks' modest recovery faces challenges from Covid-19 stress: Fitch
Updated : 5 years ago IST
Mumbai (Maharashtra), March 8 (ANI): The impact of Covid-19 pandemic is likely to pose challenges to improving financial performance of Indian banks once asset-quality risks manifest in the financial year ending March 2022 (FY22), Fitch Ratings said on Monday.
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Crisil revises outlook on Canara Bank's debt instruments to stable
Updated : 5 years ago IST
Bengaluru (Karnataka) [India], March 5 (ANI): Crisil has revised its outlook on long-term debt instruments of Canara Bank to stable from negative while reaffirming the ratings at AAA and AA.
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Business models to evolve for non-banks amid regulatory changes: Ind-Ra
Updated : 5 years ago IST
Mumbai (Maharashtra) [India], Mar 4 (ANI): India Ratings and Ratings (Ind-Ra) on Thursday maintained a stable outlook on retail non-banking finance company (NBFC) and housing finance company sectors for FY22.
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