Tighter funding condition for fintechs will curb their near-term expansion. "Regulators will not shield banks from new entrants, but will also prevent the latter from forming closed loop ecosystems," it added.
The profitability of the Indian oil marketing companies (OMCs) has increased as retail selling prices of petroleum products have "remain unchanged" during six months in 2022.
Moody's Senior V-P said TCS's good corporate governance practices, reflected in its extremely strong balance sheet, large liquidity and net cash position, were a key credit strength supporting its Baa1 rating. The senior V-P said Infosys' good corporate governance practices, reflected in its
Moody's Investors Service has said banks' exposures to Adani Group are not large enough to affect their credit quality materially but it has cautioned that the exposure may increase in case the conglomerate becomes more reliant on bank loans.
The Desert Vipers are the last of the six sides in the tournament to get underway, with a match at their home venue, the Dubai International Stadium (DIS), against the Sharjah Warriors on January 15, two days after the opening game.
Moody's Investors Service said in a report said global growth would slow in 2023 and remain sluggish in 2024. Still, a period of relative stability could emerge by 2024 if governments and central banks manage to navigate their economies through the current challenges.