Search For "credit cost"
Corporate stress to level 18.2 pc of outstanding debt over FY21-22: Ind-Ra
Updated : 5 years, 11 months ago IST
Mumbai (Maharashtra) [India], July 6 (ANI): The impact of COVID-19 and associated policy response is likely to result in an additional Rs 1.67 lakh crore of debt from the top 500 debt-heavy private sector borrowers turning delinquent between FY21 and FY22, India Ratings and Research (Ind-Ra)
Read More
Edelweiss Financial Q3 profit tumbles 93 pc to Rs 17 crore
Updated : 6 years, 3 months ago IST
Mumbai (Maharashtra) [India], Feb 14 : Leading diversified group Edelweiss Financial Services Ltd said on Friday its consolidated profit after tax was down by 93 per cent to Rs 17 crore in Q3 FY20 from Rs 226 crore in the corresponding period of previous fiscal.
Read More
Indian banks' loan write-offs to continue: Fitch Ratings
Updated : 6 years, 6 months ago IST
Singapore, Dec 5 (ANI): Indian banks are likely to take significantly more loan write-offs against a backdrop of rising provisions and weak recovery prospects, Fitch Ratings said on Thursday.
Read More