Search For "credit"
Cyber crime is growing risk to bank ratings: S&P
Updated : 5 years, 1 month ago IST
Singapore, May 25 (ANI): The banking sector is becoming more exposed to cyber crime after Covid-19 pandemic accelerated digitalisation and remote working, S&P Global Ratings said on Tuesday.
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Sequential challenging year stares at microfinance sector: Ind-Ra
Updated : 5 years, 1 month 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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Conflict in Israel has limited economic implications: Moody's
Updated : 5 years, 1 month ago IST
London [UK], May 24 (ANI): Given the long-standing resilience of the Israeli economy to geopolitical developments, Moody's Investors Service expects heightened conflict with Hamas militants in Palestine to have only a modest impact on the country's economic recovery from the pandemic and on
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Mindtree's acquisition of Nxt Digital business rating neutral: Ind-Ra
Updated : 5 years, 1 month ago IST
Mumbai (Maharashtra) [India], May 22 (ANI): Mindtree's recently announced acquisition of Nxt Digital business of Larsen & Toubro is credit neutral for the company, India Ratings and Research (Ind-Ra) has said.
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Air India reports mega data breach, credit cards, passport details and mor
Updated : 5 years, 1 month ago IST
New Delhi [India], May 21 (ANI): Air India on Friday reported a massive data breach in its passenger service system that affected the personal data of around 45 lakh subjects across the world over the last 10 years.
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Mangal Credit and Fincorp Ltd. announces F.Y. 2020-21 financial results wi
Updated : 5 years, 1 month ago IST
Mumbai (Maharashtra) [India], May 20 (ANI/BusinessWire India): Mangal Credit and Fincorp Ltd. one of India's fastest-growing NBFC which is based out of Mumbai today announced its financial results for the quarter & year ended March 31, 2021, and reported that the Company's quarterly &
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RBI Governor meets chiefs of PSU banks amid COVID-19 challenges
Updated : 5 years, 1 month ago IST
Mumbai (Maharashtra) [India], May 19 (ANI): Reserve Bank of India (RBI) Governor Shaktikanta Das on Wednesday held a virtual meeting with managing directors and CEOs of public sector banks to discuss credit flows for small borrowers and micro, small and medium enterprises (MSMEs) in the b
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Adani Transmission's obligor group restructuring credit neutral: Fitch
Updated : 5 years, 1 month ago IST
Singapore, May 19 (ANI): Fitch Ratings has said the restructuring plan by Adani Transmission Ltd (ATL) will be credit neutral and unlikely to lead to any change to the company's ratings.
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With the second wave of COVID-19, TVS Credit adds additional financial ass
Updated : 5 years, 1 month ago IST
New Delhi [India], May 19 (ANI/NewsVoir): In an effort to ensure employees' well-being and safety amidst the COVID pandemic, India's leading financial services provider TVS Credit Services Ltd. extended additional financial assistance under "Parivaar": an Employee Family Assistance Program (
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Bank of Sydney appoints Nucleus Software for digital lending transformatio
Updated : 5 years, 1 month ago IST
New Delhi [India], May 18 (ANI): Nucleus Software said on Tuesday that Bank of Sydney has chosen flagship lending solution FinnOne Neo to accelerate its digital lending transformation strategy.
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Founder of DigiX Solution Media, Manish Yadav manifests as a digital virtu
Updated : 5 years, 1 month ago IST
New Delhi [India], May 17 (ANI/The PRTree): Founder of the digital marketing agency, 'DigiX Solution Media', Manish Yadav yields services like social media marketing, Google ads, branding, web designing, social media management, and online reputation management. Holding a clientele of brands
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India's investment-grade rating remains under strain: Fitch
Updated : 5 years, 1 month ago IST
London [UK], May 15 (ANI): Downside pressures on India's creditworthiness remain prominent and the ongoing health crisis will depress economic activity in the near term, Fitch Ratings has said.
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