Search For "balance sheet"
Moody's affirms stable outlook for TCS, Infosys
Updated : 3 years, 3 months ago IST
Moody's Senior V-P said TCS's good corporate governance practices, reflected in its extremely strong balance sheet, large liquidity and net cash position, were a key credit strength supporting its Baa1 rating. The senior V-P said Infosys' good corporate governance practices, reflected in its
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Axis Bank clarifies it remains comfortable with exposure to Adani Group
Updated : 3 years, 3 months ago IST
In a statement shared with exchanges, the lender wrote, "We extend credit, basis comfort on cash flow, security, and repayment capability of obligors as per the Bank's credit assessment framework. We remain comfortable with our exposure to Adani Group basis the same."
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Economic Survey: Pandemic Recovery of India's economy is complete: CEA Nag
Updated : 3 years, 3 months ago IST
During the press conference which took place after the Survey was presented in the House today, CEA Nageswaran said, "Recovery of economy is complete; non-banking and corporate sectors now have healthy balance sheets, hence, we don't have to speak of pandemic recovery anymore, we have to loo
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SVP Global Textiles Ltd Reports Income from Operations of Rs 301.81 crore
Updated : 3 years, 4 months ago IST
Mumbai (Maharashtra) [India], January 18 (ANI/PNN): SVP Global Textiles Ltd, one of the largest compact cotton yarn manufacturers and leading multinational textiles company, has reported a Total Income from Operations of Rs 301.81 crores for the quarter ended December 2022, rise of 2.62 per
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Robust balance sheets, low exposure to global slowdown to support Indian c
Updated : 3 years, 4 months ago IST
Fitch expects India's GDP growth to moderate to 7 per cent in 2022-23 from an 8.7 per cent recovery in 2021-22 from the pandemic.
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Indian economy facing strong global headwinds but strong fundamentals lend
Updated : 3 years, 4 months ago IST
The Indian economy is confronting strong global headwinds but sound macroeconomic fundamentals and healthy financial and non-financial sector balance sheets are providing strength and resilience and financial system stability, said RBI in its Financial Stability Report on Thursday.
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Consolidated balance sheet of scheduled commercial banks registered double
Updated : 3 years, 4 months ago IST
The consolidated balance sheet of scheduled commercial banks (SCBs) has registered double-digit growth in 2021-22, after a gap of seven years, said the Reserve Bank of India.
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India's growth resilient despite exogenous threats: Sitharaman
Updated : 3 years, 7 months ago IST
Despite exogenous threats, India's well-targeted policy mix, accompanied by major structural reforms and a sound external balance sheet, have aided its growth to remain resilient: FM Nirmala Sitharaman
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SBI standalone net profit falls 7 per cent to Rs 6,068 crore
Updated : 3 years, 9 months ago IST
Mumbai (Maharashtra) [India], August 6 (ANI): The country's largest lender State Bank of India (SBI) on Saturday reported a standalone net profit of Rs 6,068 crore for the first quarter of the current financial year as compared to Rs 6,504 crore recorded in the corresponding period of the la
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China scrambles to defuse anger over frozen bank accounts
Updated : 3 years, 10 months ago IST
Hong Kong, July 18 (ANI): To address rising public anger over frozen deposits at some rural banks in the country, the Chinese bank regulator has pledged to boost capital buffers for thousands of small banks which are facing worsening balance sheets amid a weak economy and a slump in the prop
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HDFC and HDFC Bank merger will facilitate higher credit growth in India: H
Updated : 3 years, 10 months ago IST
Mumbai (Maharashtra) [India], July 16 (ANI): The proposed merger of HDFC Bank and HDFC will lead to a large and more stable balance sheet and help boost credit growth in the country, HDFC Bank Chairman Atanu Chakraborty said on Saturday.
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Reliance Infra's subsidiary plea: DMRC provides details of funds in its ba
Updated : 4 years, 3 months ago IST
New Delhi [India], February 16 (ANI): Delhi Metro Rail Corporation (DMRC) on Wednesday filed a fresh affidavit in Delhi High Court comprising of its balance sheet (FY20-21) and details of all bank accounts and fixed deposits.
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