Singapore, June 1 (ANI): India's economy will rebound in the current financial year to mark a growth of 9.3 per cent but the second Covid-19 wave has increased risks to the country's outlook with potential longer-term credit implications, Moody's Investors Service said on Tuesday.
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], May 31 (ANI): The Resident Doctors' Association (RDA) of AIIMS Delhi on Sunday wrote to Union Health Minister Dr Harsh Vardhan, seeking the implementation of gargle lavage method to detect COVID-19.
Singapore, May 31 (ANI): S&P Global Ratings on Monday affirmed its long-term foreign and local currency sovereign credit ratings on Sri Lanka at CCC-plus.
New Delhi [India], May 30 (ANI): The Ministry of Finance on Sunday further expanded the scope of the Emergency Credit Line Guarantee Scheme (ECLGS) amid the economic disruption caused by the second wave of the COVID-19 pandemic.
London [UK], May 30 (ANI): Amid calls for a fresh probe into the origins of Covid-19, an explosive new study has found that Chinese scientists created the virus in a lab in Wuhan, then tried to cover their tracks by reverse-engineering versions of the virus to make it look like it evolved na
Mumbai (Maharashtra) [India], May 29 (ANI): Bank of Baroda on Saturday reported a standalone net loss of Rs 1,047 crore for the January to March quarter (Q4 FY21) as against a profit of Rs 507 crore in the same period last year (Q4 FY20).
New Delhi [India], May 29 (ANI): Nearly 73 per cent of credit managers are expected to change their lending strategies, especially for the unsecured portfolio, in order to manage asset quality and mitigate emerging risks in the portfolio, according to a recent PwC Equifax survey.
Mumbai (Maharashtra) [India], May 29 (ANI): Bank credit growth slowed down to 5.6 per cent from 6.4 per cent a year ago, according to data published by the Reserve Bank of India (RBI).
Beijing [China], May 29 (ANI): Taking credit for delivering the modernity and prosperity which Chinese people have dreamed of for over a century, the Chinese Communist Party (CCP) is pulling out all the stops to celebrate 100th anniversary of the party.
Mumbai (Maharashtra) [India], May 28 (ANI): S&P Global Ratings has affirmed BB long-term and B short-term foreign currency issuer credit ratings on IDBI Bank.
New Delhi [India], May 27 (ANI): The Enforcement Directorate on Thursday provisionally attached 20 immovable properties worth Rs 166 crore located in Mumbai, Pune and Ratnagiri in connection with a case of bank fraud involving Maharashtra-based Varron group of Industries and others, accused