Singapore, Aug 21 (ANI): Banks in Asia's trade-dependent developed markets will face the most pressure on their credit profiles in the event of a sharp slowdown in the Chinese economy, according to a new report by Fitch Ratings.
Mumbai (Maharashtra) [India], Aug 19 (ANI): Although India has a fast-growing economy, the dominant method of payment is still cash, which makes the country an untapped market for the credit card companies.
Pune (Maharashtra) [India] August 17 (ANI/BusinessWire India): Pradhan Mantri Awas Yojana or PMAY, a well-known government housing scheme, was initially instated to serve Indian homebuyers with limited financial means. However, owing to the positive response that the scheme attracted, ref
Washington D.C. [USA], Aug 14 (ANI): Scientists have developed an app that allows inspectors to detect devices that steal consumer credit and debit card data at gas pumps. The devices, known as skimmers, use Bluetooth to transmit the data they steal.
Singapore, Aug 14 (ANI): The proposed sale by Reliance Industries Limited (RIL) of a 20 per cent stake in its oil-to-chemicals (O2C) business to Saudi Arabian oil company Aramco will reduce RIL's debt leverage which is a credit positive, Moody's Investors Service said on Wednesday.
New Delhi (India), Aug 10 (ANI): Ayushmann Khurrana who won 'Best Actor' in the 66th National Award announced today expressed his happiness over the honour and gave special credit to Surekha Sikri who won the award in the Best Supporting Actor category.
New Delhi [India], Aug 9 (ANI): Raj Kumar Singh, Minister of State (MoS) Independent Charge for Ministry of Power, has asked all distribution companies (discoms) to provide unconditional Letter of Credit for power purchases.
New Delhi [India], Aug 9 (ANI): While the government has infused huge capital in public sector banks (PSBs), the funds have largely been used to mitigate losses and failed to contribute meaningfully to credit growth, according to India Ratings and Research (Ind-Ra).
Mumbai (Maharashtra) [India], Aug 9 (ANI): Dewan Housing Finance Corporation (DHFL) has said that its payment obligations falling due in the immediate future may not be met as per their existing schedule.
Pune (Maharashtra) [India] August 06 (ANI/BusinessWire India): The Reserve Bank of India (RBI) has reduced the repo rate by 75 basis points in the past 6 months and is expected to deliver a fourth consecutive rate cut of 25 basis points on August 7, 2019.
Mumbai (Maharashtra) [India] August 05 (ANI/NewsVoir): Ithuba Credit Corporation Ltd and High Ground Enterprises Ltd (HGEL), through its Singapore subsidiary gets into an advisory appointment arrangement for the specific purpose of jointly creating a 'Credit Enhancement Program'.