Search For "financial institutions"
India's NBFI liquidity and asset-quality risks remain elevated: Fitch
Updated : 5 years, 8 months ago IST
Singapore, July 2 (ANI): India's non-bank financial institutions (NBFIs) will continue to face elevated near-term risks even as economic activity picks up with the easing of the country's nationwide lockdown, according to Fitch Ratings.
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Kanimozhi writes to Sitharaman to consider waving interest on loans taken
Updated : 5 years, 8 months ago IST
New Delhi [India], June 25 (ANI): DMK MP Kanimozhi Karunanidhi wrote to Union Finance Minister over the COVID-19 Regulatory Package by the Reserve Bank of India (RBI), requesting her to consider waiving the interest amount on loans taken by women self-help groups (SHGs) for moratorium per
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Loan moratorium extension a credit negative for NBFIs' liquidity: Moody's
Updated : 5 years, 9 months ago IST
Singapore, June 1 (ANI): The extension of a moratorium on loan repayments to their customers until September 1 is credit negative for the liquidity profile of non-bank financial institutions (NBFI), according to Moody's Investors Service.
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NBFI support measures hinge on execution: Fitch Ratings
Updated : 5 years, 9 months ago IST
Singapore, May 21 (ANI): Indian non-bank financial institutions' (NBFI) funding and liquidity will continue to face pressure despite a pick-up in loan collections, according to Fitch Ratings.
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NBFIs face rising liquidity stress with risks looming for broader financia
Updated : 5 years, 9 months ago IST
Singapore, May 19 (ANI): Disruptions from the coronavirus outbreak will worsen economic slowdown in India that has been underway in the past year, accelerating the deterioration in asset quality at non-bank financial institutions (NBFIs), Moody's Investors Service said on Tuesday.
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Karnataka govt should demand economic package of Rs 50,000 crore from cent
Updated : 5 years, 10 months ago IST
Bengaluru (Karnataka) [India], May 8 (ANI): Former chief minister of Karnataka and Congress leader Siddaramaiah on Friday asked the state government to demand a special economic package of at least Rs 50,000 crore from the centre to deal with the coronavirus crisis.
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Impact of COVID-19 lockdown will manifest in slowdown in domestic activity
Updated : 5 years, 10 months ago IST
New Delhi [India], April 25 (ANI): The Advisory Council to the 15th Finance Commission in its meeting on April 23-24, felt that the impact of COVID-19 lockdown on Indian economy will lead to a slowdown in domestic activity, its impact on cash flows of financial institutions and business e
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MHA issues order to include activities in four sectors in its consolidated
Updated : 5 years, 11 months ago IST
New Delhi [India], April 17 (ANI): The Ministry of Home Affairs (MHA) has issued an order to include more activities which include Non-Banking financial institutions, cooperative credit societies and other financial institutions with minimum staff, making them exempt from the lockdown wit
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IMF to consider $1.4 bn loan to Pakistan after Imran Khan seeks help to ta
Updated : 5 years, 11 months ago IST
Islamabad [Pakistan], April 13 (ANI): The International Monetary Fund (IMF) has called its executive board meeting on April 16 to consider disbursement of an extra loan worth $1.4 billion to Pakistan after prime minister Imran Khan, once again, opened up his arms before the global financial
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Finance Ministry staff, allied institutions contribute Rs 430 crore to PM-
Updated : 5 years, 11 months ago IST
New Delhi [India], April 5 (ANI): The officers and staff of the Finance Ministry including the officials of Financial Institutions and Public Sector Banks/Enterprises (PSB) have contributed Rs 430 crore towards PM-CARES Fund to combat the coronavirus pandemic.
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Fitch cuts India growth forecast to 30-year low of 2 pc for FY21
Updated : 5 years, 11 months ago IST
Singapore, April 3 (ANI): Fitch Ratings on Friday cut its GDP growth forecast for India to 2 per cent for the fiscal year ending March 2021 after lowering it to 5.1 per cent previously, which will make it the slowest growth in India over the past 30 years.
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Moody's takes rating actions on four Indian financial institutions
Updated : 5 years, 11 months ago IST
Singapore, April 3 (ANI): Moody's Investors Service on Friday affirmed the deposit ratings of ICICI Bank and Axis Bank at Baa3, and of IDBI Bank at Ba2.
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