London [United Kingdom], Aug 12 (ANI): With Saudi Arabia ending loan and oil supply to Pakistan, the decade-long friendship between the two countries has finally ended, reported Middle East Monitor.
Mumbai (Maharashtra) [India], Aug 11 (ANI): The Reserve Bank of India's (RBI's) recent proposal to allow banks to restructure many types of loans will extend uncertainty over the banking sector's asset quality, Fitch Ratings said on Tuesday.
Islamabad [Pakistan], August 10 (ANI): An accountability court here on Monday indicted former Pakistan President Asif Ali Zardari in connection with the Park Lane corruption case.
Mumbai (Maharashtra) [India], Aug 8 (ANI): The absence of a common benchmark for lenders for reporting loans under moratorium has led to mismatches between the data in financial stability report published by the Reserve Bank of India (RBI) and the reported data of individual banks, India Rat
Mumbai (Maharashtra) [India], Aug 8 (ANI): India Ratings and Research (Ind-Ra) has affirmed private sector lender IDFC First Bank's debt instruments ratings at AA-plus with a negative outlook.
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
Mumbai (Maharashtra) [India], Aug 7 (ANI): The Reserve Bank of India (RBI) on Friday announced the members of Kamath committee who will frame rules for the one-time restructuring of loans for stressed borrowers proposed by the central bank a day earlier.
Pune (Maharashtra) [India] Aug 7 (ANI/BusinessWire India): According to a report by the Economic Times - "The MSME sector is and regarded as the backbone of the Indian economy. It churns out over 6000 products which are highly sought after across the global marketplaces and employs 40 per ce
New Delhi [India], Aug 6 (ANI): Industry experts on Thursday welcomed the Reserve Bank of India's (RBI's) accommodative stance and keep the key repo rate unchanged in view of spurting inflationary pressures.
Ahmedabad (Gujarat) [India], Aug 6 (ANI): Adani Power Ltd said on Thursday its total comprehensive loss after tax of Rs 266 in Q1 FY20 increased to Rs 705 crore in Q1 FY21 (April to June).
Mumbai (Maharashtra) [India], Aug 6 (ANI): The Reserve Bank of India (RBI) on Thursday kept the key repo rate unchanged at 4 per cent in view of rising inflation and faint signs of economic growth amid the gradual lifting of coronavirus (COVID-19) countrywide lockdown.