Search For "liquidity"
RBI's move on 90 per cent LTV on gold loans to heighten credit risk for ba
Updated : 5 years, 7 months ago IST
Mumbai (Maharashtra) [India], August 7 (ANI): Brickwork Ratings has said that an increase in loan to value (LTV) ratio to 90 per cent for borrowers increases the credit risk for banks as the collateral available in the form of gold ornaments or jewellery may not be sufficient to fully cover
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ICRA reaffirms IndiGo's long-term rating at A-plus with negative outlook
Updated : 5 years, 7 months ago IST
New Delhi [India], July 30 (ANI): Rating agency ICRA has reaffirmed IndiGo's long-term rating at A-plus with a negative outlook but downgraded short-term rating by one notch from A1-plus to A1.
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SBI providing USD 16 million liquidity support for local businesses in Mal
Updated : 5 years, 7 months ago IST
Male [Maldives], July 28 (ANI): The State Bank of India (SBI) is providing liquidity support of USD 16.20 million for local businesses and deferred loan repayment for over 200 retail accounts, the Indian High Commission in the Maldives said on Monday.
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Fitch downgrades Future Retail's IDR to C on missed coupon
Updated : 5 years, 7 months ago IST
Mumbai (Maharashtra) [India], July 25 (ANI): Fitch Ratings has downgraded Future Retail's long-term issuer default rating and the rating on its 500 million dollars 5.6 per cent senior secured notes due in 2025 to C from CCC-plus with the recovery rating remaining at RR4.
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Ind-Ra downgrades GoAir's rating to BBB-plus, maintains RWN
Updated : 5 years, 7 months ago IST
Mumbai (Maharashtra) [India], July 25 (ANI): India Ratings and Research (Ind-Ra) has downgraded low-cost carrier Go Airlines India Ltd (Go Air) long-term issuer rating to BBB-plus from A-minus while maintaining it on rating watch negative.
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Five proposals worth Rs 3,090 cr sanctioned under Aatmanirbhar Bharat
Updated : 5 years, 7 months ago IST
New Delhi [India], July 25 (ANI): The Central government on Friday said that the Special Liquidity Scheme of Rs 30,000 cr for Non-Banking Financial Companies (NBFCs) and Housing Finance Companies (HFCs) is being implemented from July 1 this year as a follow up of one of the announcements
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Sri Lanka signs $400mn currency swap facility with RBI to meet short term
Updated : 5 years, 7 months ago IST
Colombo [Sri Lanka], July 24 (ANI): Sri Lanka on Friday signed a USD 400 million currency swap agreement with India's Reserve Bank of India (RBI), valid till November 2022, to meet short-term international liquidity requirements following the economic crisis resulted from COVID-19.
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Embassy Office Parks REIT reports rental collections of 97 pc in Q1
Updated : 5 years, 7 months ago IST
Bengaluru, (Karnataka) [India], July 20 (ANI): Embassy Office Parks, India's first listed real estate investment trust (REIT) and the largest in Asia by area, said on Monday its rental collections for the first quarter (April to June) from office occupiers remained robust at 97 per cent.
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CBDT refunds Rs 71,229 crore during Covid-19 to help taxpayers
Updated : 5 years, 8 months ago IST
New Delhi [India], July 17 (ANI): The Central Board of Direct Taxes (CBDT) said on Friday it issued refunds worth Rs 71,229 crore in more than 21.24 lakh cases till a week ago to help taxpayers with liquidity in the Covid-19 pandemic days.
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China's central bank injects 30 billion yuan into market
Updated : 5 years, 8 months ago IST
Beijing (China), July 14 (Xinhua/ ANI): China's central bank continued to pump cash into the banking system via the process of reverse repo Tuesday to maintain liquidity.
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Banks in India, ASEAN face increasing headwinds amid COVID-19 pandemic: Mo
Updated : 5 years, 8 months ago IST
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.
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COVID-19 biggest test of financial system's resilience: RBI Governor Das
Updated : 5 years, 8 months ago IST
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.
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