Singapore, July 14 (ANI): The challenging economic and credit conditions stemming from COVID-19 will weigh on Indian and ASEAN banks' asset quality and profitability, according to Moody's Investors Service.
Mumbai (Maharashtra) [India], July 11 (ANI): The Reserve Bank of India (RBI) has taken several measures to protect the country's financial system and support the economy after COVID-19 crisis, Governor Shaktikanta Das said on Saturday.
Mumbai (Maharashtra) [India], July 11 (ANI): The Reserve Bank of India (RBI) has cut the repo rate by 250 basis points since February 2019 to alleviate liquidity stress and provide financial stability in the economy, said Governor Shaktikanta Das on Saturday.
Mumbai (Maharashtra) [India] July 7 (ANI/NewsVoir): Startups have been significantly impacted as the global COVID-19 pandemic continues to disrupt life. Entrepreneurs and innovators have had to respond to immediate questions around the existing business model, protecting employees, safely ma
Mumbai (Maharashtra) [India], July 2 (ANI): Maharashtra Energy Minister Dr Nitin Raut on Thursday urged the Union Ministry of Power to provide a grant of Rs 10,000 crore to Maharashtra State Electricity Distribution Co. Ltd. (MSEDCL) to tide over the liquidity crunch caused by COVID-19 crisi
New Delhi [India], July 2 (ANI): Union Minister G Kishan Reddy on Thursday said that over Rs 24,500 crores have been distributed to Corporate Banks, Regional Rural Banks and Micro Finance Institutions under special liquidity facility by the National Bank for Agriculture and Rural Development
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.
Mumbai (Maharashtra) [India], July 1 (ANI): The Reserve Bank of India (RBI) on Wednesday said the Centre has approved a scheme to improve the liquidity position of non-banking finance companies (NBFCs) and Housing Finance Companies (HFCs) through a Special Purpose Vehicle (SPV) to avoid any
Bengaluru (Karnataka) [India], July 1 (ANI/BusinessWire India): JFrog, the Universal DevOps technology leader known for enabling liquid software via continuous update flows, has unveiled new capabilities to address the growing problem of software distribution bottlenecks.
Bhopal (Madhya Pradesh) [India], June 29 (ANI): Integrated alcobev player Som Distilleries and Breweries Ltd on Monday reported net sales of Rs 460 crore in FY 2019-20 as compared to Rs 393 crore in the previous fiscal reflecting a growth of 17 per cent.
Mumbai (Maharashtra) [India], June 24 (ANI): India's gross domestic product (GDP) will contract by 5.3 per cent year-on-year in the current financial year (FY21), marking the lowest growth rate in the country's history and sixth instance of economic contraction, India Ratings and Research (I
London [UK], June 22 (ANI): A Chinese conglomerate which has built hotels for Hilton and Travelodge has abruptly liquidated its UK subsidiaries, trade magazine Construction Enquirer reported.