Search For "credit costs"
Sequential challenging year stares at microfinance sector: Ind-Ra
Updated : 4 years, 9 months ago IST
Mumbai (Maharashtra) [India], May 24 (ANI): India Ratings and Research (Ind-Ra) said on Monday that collections for microfinance institutions (MFIs) and small finance banks (SFBs) are estimated to have declined 3 to 5 per cent in April and additional 5 to 7 per cent in first fortnight of May
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Bajaj Finance can absorb a surge in provisions: S&P
Updated : 5 years, 1 month ago IST
Singapore, January 22 (ANI): Bajaj Finance Ltd (BFL) has sufficient financial headroom to withstand moderate downside risks over the next 12 months from tough operating conditions, according to S&P Global Ratings.
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HFCs to generate 12 to 17 pc RoE in FY22-23: Motilal Oswal
Updated : 5 years, 1 month ago IST
Mumbai (Maharashtra) [India], January 15 (ANI): Housing finance companies (HFCs) are expected to generate 12 to 17 per cent return on equity in the next two years as credit costs normalise, Motilal Oswal Financial Services said on Friday.
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S&P affirms Indian Bank's BBB-minus/A-3 ratings with negative outlook
Updated : 5 years, 2 months ago IST
Singapore, December 24 (ANI): S&P Global Ratings has affirmed BBB-minus long-term and A-3 short-term issuer credit ratings on Indian Bank, and said the outlook on long-term rating is negative.
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Ind-Ra downgrades Indian banking outlook to negative for H2
Updated : 5 years, 5 months ago IST
Mumbai (Maharashtra) [India], Sep 18 (ANI): India Ratings and Research (Ind-Ra) on Friday revised its outlook on the banking sector to negative for the second half of current financial year from stable.
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Indian public sector banks face fresh capital shortages as coronavirus bit
Updated : 5 years, 6 months ago IST
Singapore, Aug 21 (ANI): The sharp slowdown in India's economic growth exacerbated by coronavirus outbreak will hurt public sector banks' (PSBs) asset quality and drive up credit costs, Moody's Investors Service said in a new report on Friday.
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Ind-Ra affirms IDFC First Bank's debt instruments at AA-plus with negative
Updated : 5 years, 7 months ago IST
Mumbai (Maharashtra) [India], Aug 8 (ANI): India Ratings and Research (Ind-Ra) has affirmed private sector lender IDFC First Bank's debt instruments ratings at AA-plus with a negative outlook.
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PPOP could fall 15 pc for private banks in FY21: Ind-Ra
Updated : 5 years, 8 months ago IST
Mumbai (Maharashtra) [India], July 10 (ANI): The pre-provisioning operating profit (PPOP) of top five private sector banks by advances size can decline by 15 per cent year-on-year in the current financial year as compared to 4.9 per cent in FY20, India Ratings and Research (Ind-Ra) said on F
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Edelweiss Financial Q3 profit tumbles 93 pc to Rs 17 crore
Updated : 6 years, 1 month 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.
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Indian banks' loan write-offs to continue: Fitch Ratings
Updated : 6 years, 3 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.
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