Search For "liquidity"
Ind-Ra assigns APSEZ's NCDs final AA-plus with stable outlook
Updated : 5 years, 9 months ago IST
Mumbai (Maharashtra) [India], June 8 (ANI): India Ratings and Research (Ind-Ra) has assigned Adani Ports and Special Economic Zone (APSEZ) Ltd's non-convertible debentures (NCDs) a final rating of AA-plus with a stable outlook.
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Loan moratorium extension a credit negative for NBFIs' liquidity: Moody's
Updated : 5 years, 9 months ago IST
Singapore, June 1 (ANI): The extension of a moratorium on loan repayments to their customers until September 1 is credit negative for the liquidity profile of non-bank financial institutions (NBFI), according to Moody's Investors Service.
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Tech solutions provider Mindteck reports FY20 loss of Rs 59 crore
Updated : 5 years, 9 months ago IST
Bengaluru (Karnataka) [India], May 28 (ANI): Engineering and technology solutions provider Mindteck India Ltd on Thursday reported a standalone net loss for the year 2019-20 at Rs 59.24 crore.
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Canara Bank releases emergency credit facilities for MSMEs
Updated : 5 years, 9 months ago IST
New Delhi [India], May 25 (ANI): To meet a temporary liquidity mismatch arising out of the COVID-19 outbreak, Canara Bank has announced a new credit support scheme for borrowers affected by the pandemic.
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Equity indices in red after RBI rate cut, banking stocks down as loan mora
Updated : 5 years, 9 months ago IST
Mumbai (Maharashtra) [India], May 22 (ANI): Equity benchmark indices closed lower on Friday due to underperformance by banking and financial stocks as the Reserve Bank of India forecast contraction in H1 FY21 GDP growth, cut repo rate by 40 basis points to inject liquidity and extended the l
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Industry appreciates RBI rate cut, loan moratorium extension
Updated : 5 years, 9 months ago IST
New Delhi [India], May 22 (ANI): Industry experts on Friday largely welcomed the Reserve Bank of India's measures to increase private consumption and provide liquidity access to all sectors hit by the Covid-19 pandemic.
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RBI cuts repo rate by 40 bps to 4 pc to increase credit flow
Updated : 5 years, 9 months ago IST
Mumbai (Maharashtra) [India], May 22 (ANI): The Reserve Bank of India (RBI) on Friday reduced repo rate by 40 basis points to 4 per cent in an effort to further boost liquidity in the economy which has been reeling under the impact of COVID-19 induced countrywide lockdown.
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NBFI support measures hinge on execution: Fitch Ratings
Updated : 5 years, 9 months ago IST
Singapore, May 21 (ANI): Indian non-bank financial institutions' (NBFI) funding and liquidity will continue to face pressure despite a pick-up in loan collections, according to Fitch Ratings.
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Cabinet approves Special Liquidity Scheme for NBFCs/HFCs to address their
Updated : 5 years, 9 months ago IST
New Delhi [India], May 20 (ANI): The Union Cabinet, which met here on Wednesday under the chairmanship of Prime Minister Narendra Modi, gave approval to the Finance Ministry to launch a new Special Liquidity Scheme for non-banking financial companies (NBFCs) and housing finance companies
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Bajaj Finance Q4 profit down 19 pc to Rs 948 crore on higher provisions
Updated : 5 years, 10 months ago IST
Mumbai (Maharashtra) [India], May 19 (ANI): Bajaj Finance on Tuesday posted a consolidated profit after tax for Q4 FY20 at Rs 948 crore, down 19 per cent from Rs 1,176 crore in the corresponding period of previous fiscal.
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NBFIs face rising liquidity stress with risks looming for broader financia
Updated : 5 years, 10 months ago IST
Singapore, May 19 (ANI): Disruptions from the coronavirus outbreak will worsen economic slowdown in India that has been underway in the past year, accelerating the deterioration in asset quality at non-bank financial institutions (NBFIs), Moody's Investors Service said on Tuesday.
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Canara Bank launches gold loan business vertical to ease liquidity
Updated : 5 years, 10 months ago IST
New Delhi [India], May 18 (ANI): Public sector Canara Bank said on Monday it has launched a business vertical dedicated for gold loans to meet emerging financial needs of customers in view of the current challenges and uncertainties.
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