Search For "credit"
S&P affirms CCC-plus/C on Sri Lanka ratings with stable outlook
Updated : 5 years, 1 month ago IST
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.
Read More
COVID-19: Centre expands Emergency Credit Line Guarantee Scheme amid secon
Updated : 5 years, 1 month ago IST
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.
Read More
Bank of Baroda reports Q4 loss of Rs 1,047 crore on DTA reversal
Updated : 5 years, 1 month ago IST
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).
Read More
73 pc of credit managers likely to change lending strategies post pandemic
Updated : 5 years, 1 month ago IST
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.
Read More
Bank credit growth slows to 5.6 pc in March: RBI
Updated : 5 years, 1 month ago IST
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).
Read More
Chinese Communist Party marks 100 years, claims credit for achieving Chine
Updated : 5 years, 1 month ago IST
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.
Read More
S&P affirms BB/B ratings on IDBI Bank with negative outlook
Updated : 5 years, 1 month ago IST
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.
Read More
ED attaches 20 immovable properties of Varron Group, others worth Rs 166 C
Updated : 5 years, 1 month ago IST
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
Read More
Flipkart adds benefits for sellers under growth programme
Updated : 5 years, 1 month ago IST
Bengaluru (Karnataka) [India], May 27 (ANI): Flipkart said on Thursday it has expanded benefits under a seller financing programme to support business continuity and growth.
Read More
Midland Credit Management India delivers to community and colleagues durin
Updated : 5 years, 1 month ago IST
Gurugram (Haryana), May 27 (ANI/BusinessWire India): Just as India recovered from the first wave of the COVID-19 pandemic, the second wave began to take shape in March 2021.
Read More
Attaining the milestone of Platinum year and a worthwhile legacy in filtra
Updated : 5 years, 1 month ago IST
Faridabad (Haryana) [India], May 26 (ANI/PRNewswire): On 11-05-2021, Elofic celebrated 70th Anniversary of its founding and its triumphant growth over the years. Evolving from a cottage industry level to a globally renowned player, Elofic looks back and credits hard work, perseverance, busin
Read More
Digital Loan Origination: Transforming the Credit Underwriting
Updated : 5 years, 1 month ago IST
Pune (Maharashtra) [India], May 25 (ANI/BusinessWire India): The lending market is witnessing a paradigm shift towards digitalization across the globe. A new category of digital lenders has emerged who are leveraging modern technologies to make the day-to-day life of the consumers easy and f
Read More