New York [USA], Nov 8 (ANI): Moody's Investors Service has changed the outlook on India's ratings to negative from stable and affirmed the Baa2 foreign-currency and local-currency long-term issuer ratings.
New Delhi [India], Sept 26 (ANI): After meeting top management of private sectors banks, NBFCs, microfinance institutions (MFIs) and small finance banks, Finance Minister Nirmala Sitharaman on Thursday said that she had not heard of any liquidity problem from them.
Hong Kong, Sep 26 (ANI): India's corporate tax cuts support efforts to stimulate investment and GDP growth in the medium term but will cause the fiscal deficit to widen in the near term, Fitch Ratings said on Thursday.
Kathmandu [Nepal], Sept 25 (ANI): Nepal Police on Wednesday rounded up 12 suspects for attempting to steal NPR 5 billion from various banks and financial institutions in the country through hacking.
Mumbai (Maharashtra) [India], Sep 6 (ANI): Risks in India's banking sector may rise as a result of the central bank's steps encouraging more lending to non-bank financial institutions (NBFIs) and retail borrowers, Fitch Ratings said on Friday.
Mumbai (Maharashtra) [India], Aug 16 (ANI): Liquidity risk is increasing for Indian real estate developers as non-bank financial institutions (NBFIs) including housing finance companies are shying away from lending to the sector, Fitch Ratings said on Friday.
Pune (Maharashtra) [India] August 07 (ANI/BusinessWire India): To compliment your fast-paced lifestyle and help you have the means to access all the things you like, financial institutions today offer something called pre-approved offers on loans and other financial products.
Mumbai (Maharashtra) [India], June 7 (ANI): Equity benchmark indices oscillated between gains and losses on Friday, a day after the Reserve Bank of India (RBI) marginally reduced key interest rates and serious funding challenges appeared to cripple non-bank financial institutions.
Mumbai (Maharashtra) [India], June 7 (ANI): Dewan Housing Finance Corporation Limited's (DHFL) liquidity problems and its failure this week to pay coupons highlight the funding challenges faced by India's non-bank finance sector, according to Fitch Ratings.
New Delhi [India] June 6 (ANI/BusinessWire India): Biz2Credit Inc., the leading online lending platform that helps banks and other financial institutions manage small and medium enterprises (SMEs) lending processes and makes it easier and faster for SMEs to access working capital, announced