Search For "credit"
India has offered 300 Lines of Credit to 64 countries: Jaishankar at Globa
Updated : 6 years ago IST
New Delhi [India], Mar 7 (ANI): Stressing on the need of economic diplomacy as one of the core components of India's foreign policy, External Affairs Minister S Jaishankar on Saturday noted that the country has so far offered 300 Lines of Credit (LoCs) to 64 countries that further involve 53
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Moody's downgrades Yes Bank, ratings remain under review
Updated : 6 years ago IST
Singapore, Mar 7 (ANI): Moody's Investors Service has downgraded Yes Bank Ltd's long-term foreign currency issuer rating to Caa3 from B2.
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Digital architectures expanding reach of credit to MSMEs: RBI Governor Das
Updated : 6 years ago IST
Mumbai (Maharashtra) [India], Mar 6 (ANI): New technologies are enabling lenders to appraise loan proposals of micro, small and medium enterprises (MSMEs) expeditiously by doing due diligence online, Reserve Bank of India Governor Shaktikanta Das said on Friday.
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Bank credit growth on a low swing this fiscal: Care Ratings
Updated : 6 years ago IST
Mumbai (Maharashtra) [India], Mar 4 (ANI): The overall bank credit growth has been low so far this year with the first 10 months registering an increase of 3.5 per cent compared with 7 per cent last year (January over March), according to Care Ratings.
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GST authorities bust racket of fake invoicing of Rs 7896 Cr, 2 held
Updated : 6 years ago IST
New Delhi [India], Mar 3 (ANI): The GST authorities have busted a major racket in West Delhi of fake invoicing of Rs.7,896 crore involving fraudulent Input Tax Credit (ITC) of Rs.1,709 crore using a network of 23 shell companies, the Union Finance Ministry said in a statement on Tuesday.
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Corporate stress yet to peak as additional 4 pc of debt could turn delinqu
Updated : 6 years ago IST
Mumbai (Maharashtra) [India], Mar 2 (ANI): The credit profiles of corporates are likely to remain under pressure as the economy grapples with a synchronised and prolonged economic slowdown, India Ratings and Research (Ind-Ra) said on Monday.
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Trump's standalone visit to India became possible due to PM Modi's vibrant
Updated : 6 years, 1 month ago IST
Shimla (Himachal Pradesh) [India], Feb 29 (ANI): BJP President JP Nadda on Friday credited Prime Minister Narendra Modi for US President Donald Trump's recent standalone visit to India, claiming that it was a result of Modi's 'vibrant leadership', which has shown its influence worldwide.
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University of Birmingham signs up for strategic research vision in India
Updated : 6 years, 1 month ago IST
Manipal (Karnataka) [India], Feb 27 (ANI/NewsVoir): Professor Sir David Eastwood Vice-Chancellor of the University of Birmingham and Dr H Vinod Bhat, Vice-Chancellor of MAHE signed MoU at a special signing ceremony in New Delhi on February 19, 2021, to enable Manipal engineering students to
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Making the most of Bajaj Finserv RBL Bank SuperCard reward points
Updated : 6 years, 1 month ago IST
Pune (Maharashtra) [India] Feb 27 (ANI/BusinessWire India): The Bajaj Finserv RBL Bank SuperCard is a feature-rich credit card that allows to make spends with ease while enjoying deals and offers from partners across multiple categories.
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COAI asks govt for fiscal relief to offset AGR crisis
Updated : 6 years, 1 month ago IST
New Delhi [India], Feb 27 (ANI): The Cellular Operators Association of India (COAI) has urged the government to reduce licence fee from 8 per cent to 3 per cent and asked for a slew of fiscal measures to offset the stress stemming from Supreme Court's verdict on adjusted gross revenue (AGR)
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Pak's listing under increased monitoring a credit negative for banks: Mood
Updated : 6 years, 1 month ago IST
New York [USA], Feb 27 (ANI): The Financial Action Task Force's (FATF's) announcement that Pakistan will remain on its list of jurisdictions under increased monitoring is credit negative for the country's banks, Moody's Investors Service said its latest credit outlook report released on Thur
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PayU India appoints Country Head for Enterprise Business and Chief Product
Updated : 6 years, 1 month ago IST
New Delhi [India] Feb 27 (ANI/PRNewswire): PayU, India's leading online payment solutions provider announced two key appointments to further fortify its Indian leadership team to scale-up the business and pave the way for its next phase of growth of developing a fintech ecosystem in the regi
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