Credit costs in Indian banks are expected to continue in declining trend in the second half of the current financial year 2025, though near-term slippages are likely to remain elevated, according to a report by global financial services firm UBS.
Mumbai (Maharashtra), March 8 (ANI): The impact of Covid-19 pandemic is likely to pose challenges to improving financial performance of Indian banks once asset-quality risks manifest in the financial year ending March 2022 (FY22), Fitch Ratings said on Monday.
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.
Singapore, May 29 (ANI): Indian banks are looking at significant asset quality challenges for at least the next two years despite regulatory measures, according to Fitch Ratings.