Mumbai (Maharashtra) [India], April 3 (ANI): Equity benchmark indices slipped further on Friday as banks and financial stocks dragged with investors expecting a deterioration in their asset qualities due to disruption in economic activity from the coronavirus outbreak.
New Delhi [India], April 1 (ANI): The ED on Wednesday attached assets worth Rs 10.5 crores of directors of Bhagwati Lifestyle stores chain under Prevention of Money Laundering Act, 2002 (PMLA) in connection with alleged bank fraud case.
Singapore, Mar 30 (ANI): The economic disruption caused by a 21-day lockdown in India will hit the performance of the commercial vehicle and small and midsize enterprise (SME) loans in asset-backed securities (ABS), according to Moody's Investors Service.
Singapore, Mar 26 (ANI): Moody's Investors Service has placed GMR Hyderabad International Airport Ltd's (HIAL's) Ba1 corporate family rating on review for possible downgrade.
New Delhi [India], Mar 25 (ANI): The Cabinet Committee on Economic Affairs (CCEA) on Wednesday gave its approval for continuing the process of recapitalization of Regional Rural Banks by providing minimum regulatory capital for those RRBs which are unable to maintain minimum Capital to Ri
Mumbai, (Maharashtra) [India], Mar 25 (ANI): IndiGrid, India's first power sector infrastructure investment trust (InvIT), has announced the acquisition of another transmission asset, East North Interconnection Company Ltd, from Sterlite Power at a value of Rs 1,020 crore.
New Delhi [India], Mar 25 (ANI): The Cabinet Committee on Economic Affairs (CCEA) on Wednesday approved Rs 1,340 crore recapitalisation of regional rural banks to improve their capital to risk-weighted assets ratio.
New Delhi [India] March 20 (ANI/Digpu): Giving centre stage to its phenomenal growth, one of the fastest-growing MFIs in India, SATYA MicroCapital has crossed several milestones since its inception on October 28, 2016.
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.
Mumbai (Maharashtra) [India], Mar 17 (ANI): Private sector lender RBL Bank said on Tuesday it is financially strong, well-capitalised, profitable and a growing entity with a strong governance set-up.
New Delhi [India], Mar 16 (ANI): Minister of State (MoS) Finance, Anurag Thakur on Monday said that as reported by the Life Insurance Corporation (LIC), its Non Performing Assets (NPAs) stood at Rs 1453.11 crore as on December 31, 2019.
Tokyo [Japan], Mar 16 (ANI): The Bank of Japan said on Monday it will buy exchange-traded funds at double the current pace to about 112.55 billion dollars annually as part of the measures to help support the economy amid the coronavirus pandemic.