Melbourne [Australia], June 1 (ANI): Credit losses are set to fall across most Asia Pacific banking systems over the next two years, S&P Global Ratings said on Tuesday.
New Delhi [India], June 1 (ANI): Congress spokesperson Gaurav Vallabh on Monday hit out at the Centre alleging that the failure of the Central government in controlling the COVID-19 situation in the country dealt a heavy blow to the economy.
Ahmedabad (Gujarat) [India], March 26 (ANI/BusinessWire India): With about 190 million adults without a bank account, India has -after China- the second-largest unbanked population in the world (World Bank). The microfinance sector has become a key instrument to fight financial exclusion in
Mumbai (Maharashtra) [India], February 27 (ANI): India Ratings and Research (Ind-Ra) has upgraded its FY21 credit growth estimates to 6.9 per cent from 1.8 per cent, given the improved economic environment in 2H FY21 and the government's focus on higher -- spending especially on infrastructu
Singapore, January 20 (ANI): Banking systems in emerging markets face the expected deterioration in asset quality indicators as regulatory forbearance measures are lifted while vaccine rollouts in several countries continue, S&P Global Ratings said on Wednesday.
Mumbai (Maharashtra) [India], December 28 (ANI): The outstanding liquidity in banking system amounted to Rs 5.09 lakh crore as on December 24, Rs 50,386 crore higher than that in the previous week (Rs 4.58 lakh crore as on December 18), CARE Ratings said on Monday.
Mumbai (Maharashtra) [India], Aug 27 (ANI): The Reserve Bank of India will not unwind all recent measures taken to shore up the economy amid COVID-19 pandemic and act when the situation arises, Governor Shaktikanta Das said on Thursday.
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
Mumbai (Maharashtra) [India], July 24 (ANI): The Reserve Bank of India's (RBI's) balance sheet has increased by about Rs 9.5 lakh crore since mid-February when the first-long term repo operation (LTRO) was conducted to Rs 54 lakh crore, Motilal Oswal Financial Services said on Friday.
Beijing (China), July 14 (Xinhua/ ANI): China's central bank continued to pump cash into the banking system via the process of reverse repo Tuesday to maintain liquidity.