Bengaluru (Karnataka) [India], March 5 (ANI): Crisil has revised its outlook on long-term debt instruments of Canara Bank to stable from negative while reaffirming the ratings at AAA and AA.
Mumbai (Maharashtra) [India], Mar 3 (ANI): Crisil Ratings has revised the outlook on long-term debt instruments of Union Bank of India (UBI) to stable from negative while reaffirming ratings at AA-plus.
Mumbai (Maharashtra) [India], March 3 (ANI): National Stock Exchange (NSE) and Small Industries Development Bank of India (SIDBI) have signed a memorandum of understanding for cooperation in various ongoing micro, small and medium enterprise (MSME) related initiatives.
Beijing [China], March 2 (ANI): China's fiscal situation is "extremely severe with risks and challenges", former finance minister Lou Jiwei has warned, citing fallout from aggressive US stimulus policies, the global economic slowdown during the pandemic, an ageing Chinese population and moun
Singapore, March 2 (ANI): S&P Global Ratings on Tuesday projected that Asia Pacific central government borrowings will remain high by historical standards in 2021 after a pandemic-driven surge in 2020.
Bengaluru (Karnataka) [India], March 2 (ANI): Business services provider Quess Corp has announced the separation of its Chairman and Managing Director roles as it seeks to scale up operations and reduce debt burden.
Islamabad [Pakistan], February 27 (ANI): As Pakistan's financial debt continues to mount, the Imran Khan government received USD 6.7 billion in gross foreign loans in the first seven months of the current fiscal year, including a new commercial loan of USD 500 million from China last month.
Dhaka [Bangladesh], February 26 (ANI): The Bangladesh Railways Ministry on Thursday dismissed allegations made by China Railway Group Ltd (CREC), the contractor for the Padma Bridge Rail Link Project (PBRLP), that a fund crisis had slowed down the implementation of the project, reported Dhak
New Delhi [India], Feb 25 (ANI): Bharti Airtel said on Thursday it has successfully priced its debt fund raise of 1.25 billion dollars through the issuance of its first ever dual-tranche US dollar bond offering spread across senior and perpetual issuance.
Peshawar [Pakistan], February 25 (ANI): In China's debt-trap diplomacy, Pakistan is struggling to repay loans for power projects under President Xi Jinping's Belt and Road Initiative (BRI) and seeks to reschedule as much as USD 22 billion in outstanding credits.
Mumbai (Maharashtra) [India], February 24 (ANI/BusinessWire India): Mirae Asset Investment Managers India, one of the fastest-growing fund houses in the country today announced the launch of 'Mirae Asset Corporate Bond Fund', an open-ended debt scheme predominantly investing in AA+ and above