Search For "bank credit"
A-Pac banks rating actions highlight importance of sovereign support: Fitc
Updated : 5 years, 11 months ago IST
Hong Kong, June 19 (ANI): Asia Pacific emerging market (EM) banks whose ratings benefit from sovereign support could be affected if the economic impact of coronavirus deepens and governments' policy responses fail to adequately mitigate risks to the economy, Fitch Ratings has said.
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Banking, auto stocks jump as RBI unveils steps to ease liquidity
Updated : 6 years, 1 month ago IST
Mumbai (Maharashtra) [India], April 17 (ANI): Equity benchmark indices jumped over 3 per cent on Friday as the Reserve Bank of India unveiled measures to ease liquidity and bank credit as part of economic relief to offset the fallout of coronavirus lockdown.
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RBI slashes reverse repo rate by 25 bps to inject liquidity, no change in
Updated : 6 years, 1 month ago IST
Mumbai (Maharashtra) [India], April 17 (ANI): The Reserve Bank of India (RBI) on Friday announced a reduction in reverse repo rate by 25 basis points from 4 per cent to 3.75 per cent to facilitate bank credit flows amid the coronavirus crisis and subsequent countrywide lockdown which has
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Bank credit growth on a low swing this fiscal: Care Ratings
Updated : 6 years, 2 months ago IST
Mumbai (Maharashtra) [India], Mar 4 (ANI): The overall bank credit growth has been low so far this year with the first 10 months registering an increase of 3.5 per cent compared with 7 per cent last year (January over March), according to Care Ratings.
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Bank credit growth moderated to 7.1 pc
Updated : 6 years, 3 months ago IST
New Delhi [India], Jan 31 (ANI): Bank credit growth (YoY) moderated from 12.9 per cent in April 2019 to 7.1 per cent as on December 20, 2019, says the Economic Survey tabled in Parliament by Finance and Corporate Affairs Minister Nirmala Sitharaman.
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S&P places IDBI Bank 'BB/B' ratings on credit watch negative, shares fall
Updated : 6 years, 8 months ago IST
Mumbai (Maharashtra) [India], Aug 28 (ANI): Global rating agency S&P has placed IDBI Bank on credit watch, citing uncertainty over its ability to meet capital requirements over the next few months.
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Diamond prices slide as year begins with caution
Updated : 7 years, 3 months ago IST
New Delhi [India], Feb 6 (ANI): Polished-diamond prices softened in January as US restocking proved slower than expected after the holiday season, and as Far East buyers took vacation ahead of the Chinese New Year. Dealers were cautious due to weak demand, tight profitability and a signif
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Moody's downgrades Yes Bank's ratings; changes outlook to negative
Updated : 7 years, 5 months ago IST
New Delhi [India], Nov 27 (ANI): Downgrading the outlook from stable to negative, Moody's Investors Service on Tuesday positioned Yes Bank's foreign currency issuer rating to Ba1 from Baa3.
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Bajaj Finserv RBL Bank world plus supercard rewards its jet-setting custom
Updated : 7 years, 7 months ago IST
Pune [India], Oct 3 (ANI-BusinessWireIndia): Bajaj Finance has announced offering of exciting benefits to their Bajaj Finserv RBL Bank Credit Card customers.
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ASSOCHAM calls for urgent fixing of twin balance sheet problem
Updated : 8 years ago IST
New Delhi [India], April 29 (ANI): Inability of the banks, reeling under the mammoth problem of non-performing assets (NPA) to lend, coupled with lack of appetite for fresh investment by highly indebted India Inc. has resulted in most of the industry sectors reporting negative growth in depl
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IndusInd-Samsung tie up to facilitate 'tap and pay' credit system
Updated : 8 years, 1 month ago IST
Mumbai (Maharashtra) [India], Apr. 07 (ANI): IndusInd Bank announced a collaboration with Samsung Electronics to enable its MasterCard and Visa credit card customers to use 'Samsung Pay'.
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RBL Bank, CreditVidya partner for instant Employment Verification
Updated : 8 years, 2 months ago IST
New Delhi [India], Mar 13 (ANI): Fastest growing private sector banks RBL Bank has announced partnering with CreditVidya, India's leading fintech firm providing alternate data credit underwriting solutions to over 25 premier financial institutions.
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