Search For "financial institutions"
Coronavirus: SC stays orders preventing action against non-payment of taxe
Updated : 5 years, 12 months ago IST
New Delhi [India], Mar 20 (ANI): The Supreme Court on Friday stayed Kerala and Allahabad High Court orders, which directed banks, financial institutions, income tax department and GST authorities to defer recovery proceedings or coercive measures till April 6 in the states in light of the
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NBFI challenges can intensify from Yes Bank restructuring: Fitch Ratings
Updated : 6 years ago IST
Singapore, Mar 12 (ANI): Non-bank financial institutions (NBFIs) will likely face renewed pressure on funding and liquidity following the Reserve Bank of India's (RBI's) takeover of Yes Bank this month, according to Fitch Ratings.
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Coronavirus pandemic to have hard impact on global economy, say business f
Updated : 6 years ago IST
Washington [US], Mar 12 (ANI): A range of financial institutions around the world have admitted that the coronavirus pandemic would have a hard impact on the world economy.
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Conditions remain challenging for India's banks: Fitch
Updated : 6 years ago IST
Singapore, Mar 9 (ANI): Fitch Ratings said on Monday that operating environment remains difficult for India's banks in line with its negative outlook for the sector despite some indications of an improvement in the macroeconomic outlook.
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Axis Bank appoints Puneet Sharma as new CFO
Updated : 6 years ago IST
Mumbai (Maharashtra) [India], Feb 27 (ANI): Private sector lender Axis Bank said on Thursday its board of directors has approved the appointment of Puneet Sharma as the new Chief Financial Officer and key managerial personnel.
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Pak's listing under increased monitoring a credit negative for banks: Mood
Updated : 6 years 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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Relief for real estate sector a credit negative: Moody's
Updated : 6 years, 1 month ago IST
Singapore, Feb 13 (ANI): Moody's Investors Service said on Thursday the Reserve Bank of India's (RBI's) revised asset recognition norms are credit negative for Indian banks.
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Kaspersky forecasts cyberthreats to financial institutions in 2020
Updated : 6 years, 1 month ago IST
Washington D.C. [USA], Jan 16 (ANI: During the last few years, cybercriminals have invested a lot in methods to bypass anti-fraud systems, because now it's not enough just to steal the login, password and PII - they now need a digital fingerprint to bypass anti-fraud systems in order to ext
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Coffee Day reports Q3 defaults on debt of Rs 489 crore
Updated : 6 years, 2 months ago IST
Mumbai (Maharashtra) [India], Jan 9 (ANI): Trouble appeared to be brewing at Coffee Day Enterprises Ltd (CDEL) on Thursday with the company saying it has defaulted on payments of interest, repayment of principal amount on loans from banks and financial institutions, and unlisted debt securit
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Cabinet approves launch of Bharat Bond ETF to provide more money for CPSUs
Updated : 6 years, 3 months ago IST
New Delhi [India], Dec 4 (ANI): The Cabinet Committee on Economic Affairs (CCEA) on Wednesday approved creation and launch of Bharat Bond Exchange Traded Fund (ETF) to create an additional source of funding for Central Public Sector Undertakings (CPSUs), Central Public Sector Enterprises
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Web portal for exchange of information on income tax
Updated : 6 years, 3 months ago IST
New Delhi [India], Nov 22 (ANI): The Central Board of Direct Taxes (CBDT) on Friday unveiled a web portal that consolidates all Automatic Exchange of Information (AEOI) at one place for access by financial institutions, departmental officers and the public at large.
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Moody's takes rating action on 12 Indian FIs, 8 corporates, 8 sovereign-li
Updated : 6 years, 4 months ago IST
Singapore, Nov 8 (ANI): Moody's Investors Service on Friday took rating action on 11 Indian financial institutions (FIs), eight non-financial corporates and eight sovereign-linked Indian infrastructure companies, a day after it changed the outlook on India's Baa2 sovereign rating to negative
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