Search For "asset quality"
RBI approves 3-member committee of directors to manage Lakshmi Vilas Bank
Updated : 5 years, 5 months ago IST
Mumbai (Maharashtra) [India], September 28 (ANI): The Reserve Bank of India (RBI) has approved a three-member committee of directors to run the day-to-day functioning of cash-strapped Lakshmi Vilas Bank.
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Brickwork reaffirms AA negative rating for NCDs of Edelweiss Financial
Updated : 5 years, 5 months ago IST
Mumbai (Maharashtra) [India], September 23 (ANI): Brickwork has reaffirmed the rating of Edelweiss Financial Services' non-convertible debentures (NCDs) at AA with negative outlook due to mounting pressure on the company's asset quality.
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Moody's affirms SBI's Baa3 deposit ratings, downgrades standalone profile
Updated : 5 years, 6 months ago IST
Singapore, Aug 26 (ANI): Moody's Investors Service has affirmed the long-term local and foreign currency deposit ratings of State Bank of India (SBI) at Baa3.
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Indian public sector banks face fresh capital shortages as coronavirus bit
Updated : 5 years, 6 months ago IST
Singapore, Aug 21 (ANI): The sharp slowdown in India's economic growth exacerbated by coronavirus outbreak will hurt public sector banks' (PSBs) asset quality and drive up credit costs, Moody's Investors Service said in a new report on Friday.
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Refinancing needs to rise as NBFCs roll out restructuring plans: Ind-Ra
Updated : 5 years, 7 months ago IST
Mumbai (Maharashtra) [India], Aug 12 (ANI): The Reserve Bank of India's decision allowing lenders to restructure loans will increase their refinancing requirements, especially for non-banking banking companies (NBFCs), India Ratings and Research (Ind-Ra) said on Wednesday.
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India's bank debt restructuring to delay NPL recognition: Fitch
Updated : 5 years, 7 months ago IST
Mumbai (Maharashtra) [India], Aug 11 (ANI): The Reserve Bank of India's (RBI's) recent proposal to allow banks to restructure many types of loans will extend uncertainty over the banking sector's asset quality, Fitch Ratings said on Tuesday.
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Asset quality risks for banks, NBFCs remain elevated: ICRA
Updated : 5 years, 7 months ago IST
New Delhi [India], Aug 5 (ANI): A further deterioration in asset quality and the risks for banks and non-banking finance companies (NBFCs ) continue to remain high despite most of them reporting a decline in the loans under moratorium phase two (June to August 2020), rating agency ICRA said
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Bank of India clocks Q1 net profit of Rs 844 cr on lower provisions
Updated : 5 years, 7 months ago IST
Mumbai (Maharashtra) [India], Aug 3 (ANI): Government-owned Bank of India on Monday reported a net profit of Rs 844 crore in the April to June quarter, up 247 per cent from Rs 243 crore in a year-ago period.
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Indian banks to require more capital as safeguard against stress: Fitch
Updated : 5 years, 7 months ago IST
Mumbai (Maharashtra) [India], August 1 (ANI): Indian state-owned banks' plans to raise capital from private sources will not be sufficient to mitigate anticipated risks unless supplemented with additional capital support from the government, according to Fitch Ratings.
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RBI's stress test results indicate high risk to asset quality: Moody's
Updated : 5 years, 7 months ago IST
Singapore, July 30 (ANI): The Reserve Bank of India's recent financial stability report and results of banking system stress tests show that banks' gross non-performing assets will rise meaningfully under all four stress test scenarios with their common equity tier one ratio declining by one
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Banks in India, ASEAN face increasing headwinds amid COVID-19 pandemic: Mo
Updated : 5 years, 8 months ago IST
Singapore, July 14 (ANI): The challenging economic and credit conditions stemming from COVID-19 will weigh on Indian and ASEAN banks' asset quality and profitability, according to Moody's Investors Service.
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India's NBFI liquidity and asset-quality risks remain elevated: Fitch
Updated : 5 years, 8 months ago IST
Singapore, July 2 (ANI): India's non-bank financial institutions (NBFIs) will continue to face elevated near-term risks even as economic activity picks up with the easing of the country's nationwide lockdown, according to Fitch Ratings.
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