New Delhi [India], January 4 (ANI): The Supreme Court on Monday asked the Indian Bank Association (IBA) and representatives of other banks, concerned, to convene a meeting with the receiver, lawyer, R Venkatramani, for raising the funding of the unfinished projects of Amrapali real estate in
Singapore, December 24 (ANI): S&P Global Ratings has affirmed BBB-minus long-term and A-3 short-term issuer credit ratings on Indian Bank, and said the outlook on long-term rating is negative.
New Delhi [India], December 22 (ANI/NewsVoir): The Professional Risk Managers' International Association (PRMIA), a global forum for the development and promotion of the risk profession, has launched its 50th chapter in New Delhi. It was digitally inaugurated with discussions on "Evolving Ro
Singapore, November 23 (ANI): Last week, news emerged that DBS Bank (DBS), Southeast Asia's largest lender, has proposed to fold Indian Bank Lakshmi Vilas Bank (LVB) into its Indian subsidiary, DBS Bank India Limited (DBSIL).
Mumbai (Maharashtra) [India], October 14 (ANI): The gross non-performing assets (NPAs) ratio of Indian banks is likely to be 11 to 11.5 per cent by end of current fiscal and they are likely to restructure 4 to 5 per cent of the overall bank credit outstanding, according to Care Rating.
Mumbai (Maharashtra), October 6 (ANI): Indian banks face a tough operating environment in the near term as stressed loans and write-offs increase as a result of the economic fallout from the coronavirus pandemic, Fitch Ratings said on Tuesday.
Singapore, October 1 (ANI): Provisioning levels will remain elevated across Asia Pacific (A-Pac) banking sectors in the second half of this year and 2021, according to Fitch Ratings.
Mumbai (Maharashtra) [India], Sep 18 (ANI): India Ratings and Research (Ind-Ra) on Friday revised its outlook on the banking sector to negative for the second half of current financial year from stable.
Mumbai (Maharashtra) [India], September 15 (ANI/BusinessWire India): In a first-of-its kind recognition for an Indian corporate leader, Aditya Puri, MD, HDFC Bank was conferred the Lifetime Achievement Award by Euromoney Awards of Excellence 2020.
Singapore, Sep 4 (ANI): Moody's Investors Service on Friday downgraded various instruments of five Indian banks: Bank of Baroda, Bank of India, Canara Bank, Punjab National Bank and Union Bank of India.
Singapore, Aug 26 (ANI): Moody's Investors Service has affirmed the long-term local and foreign currency deposit ratings of State Bank of India (SBI) at Baa3.
Mumbai (Maharashtra) [India], Aug 22 (ANI): India Ratings and Research (Ind-Ra) has downgraded South Indian Bank's long-term issuer rating to A from A-plus with a negative outlook.