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Deposit traction visible in SFBs but improvement in other aspects awaited:
Updated : 6 years, 3 months ago IST
Mumbai (Maharashtra) [India], Dec 13 (ANI): Small finance banks (SFBs) will continue to see increased traction in deposits on the back of higher interest rates (1 to 2 per cent higher than most banks), focussed marketing strategies and maturing branches of a fast-growing branch network (40 p
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Citizenship (Amendment) Bill is patently unconstitutional: P Chidambaram
Updated : 6 years, 3 months ago IST
New Delhi [India], Dec 11 (ANI): Former Finance Minister and senior Congress leader P Chidambaram on Wednesday said that the Citizenship (Amendment) Bill, 2019, which has been passed by the Lok Sabha, is "patently unconstitutional."
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Ind-Ra slashes FY20 GDP growth forecast for fourth time to 5.6 pc
Updated : 6 years, 4 months ago IST
Mumbai (Maharashtra) [India], Nov 26 (ANI): India Ratings and Research (Ind-Ra) on Tuesday revised its GDP growth forecast for the current financial year (FY20) to 5.6 per cent.
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J-K: Case registered against miscreants for attempting to damage shrine in
Updated : 6 years, 4 months ago IST
Awantipora (Jammu and Kashmir) [India], Nov 26 (ANI): A case was registered after unidentified miscreants allegedly attempted to damage the Shrine of Mir Syed Mohammad Hamdani (RA) at Kounsarbal in Tral, police said on Tuesday.
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3 persons linked to ISIS-inspired module arrested, IED blasts thwarted in
Updated : 6 years, 4 months ago IST
New Delhi [India], Nov 25 (ANI): Three persons linked to an ISIS-inspired module were arrested by Delhi Police and have been sent to 10-day Assam Police remand for planning to execute IED blasts in high-footfall areas in the national capital and Assam.
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Cotton prices to be impacted by higher production: Ind-Ra
Updated : 6 years, 4 months ago IST
Mumbai (Maharashtra) [India], Nov 22 (ANI): The cotton crop in Maharashtra is estimated to be delayed as unseasonal rains damaged about 1.9 million bales, India Ratings and Research (Ind-Ra) said on Friday, adding that the damaged crop is estimated to fetch prices that will be 30 to 35 per c
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New LCR framework to strengthen NBFCs' liability profile: Ind-Ra
Updated : 6 years, 4 months ago IST
Mumbai (Maharashtra) [India], Nov 21 (ANI): New guidelines on liquidity risk management (LCR) announced by the Reserve Bank of India (RBI) for non-banking finance companies (NBFCs) including core investment companies (CICs) will increase discipline in liquidity maintenance and improve transp
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Amid disagreement among members, Parliamentary Standing Committee discusse
Updated : 6 years, 4 months ago IST
New Delhi [India], Nov 20 (ANI): The meeting of Parliamentary Standing Committee on Information Technology headed by Shashi Tharoor on Wednesday was marked by differences among members as they were not able to reach a consensus whether the issue of data privacy should be discussed or not.
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BS-VI implementation can lead to short-term headwinds for CV sales
Updated : 6 years, 4 months ago IST
Mumbai (Maharashtra) [India], Nov 20 (ANI): India Ratings and Research (Ind-Ra) said on Wednesday that Bharat Stage VI (BS-VI) emission norms scheduled to be implemented from April 1 next year can create short-term headwinds for the commercial vehicle (CV) segment.
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Ind-Ra revises SAIL outlook to negative from stable
Updated : 6 years, 4 months ago IST
Mumbai (Maharashtra) [India], Nov 19 (ANI): State-owned Steel Authority of India Limited (SAIL) said on Tuesday that India Ratings and Research (Ind-Ra) has revised its outlook to negative from stable while affirming its long-term issuer rating at IND AA minus.
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Irani performs with swords at function in Gujarat
Updated : 6 years, 4 months ago IST
Bhavnagar (Gujarat) [India], Nov 16 (ANI): Union Minister Smriti Irani performed 'Talwar Raas', a traditional dance form using swords, at a cultural programme in Bhavnagar on Friday.
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Provident fund investment issues to impact UPPCL financials: Ind-Ra
Updated : 2 years, 5 months ago IST
New Delhi [India], Nov 10 (ANI): The likely loss to Uttar Pradesh State Power Sector Employees Trust due to investments in controversial Dewan Housing Finance Ltd (DHFL) will have an impact on UP Power Corporation Ltd's (UPPCL's) financial performance, according to India Ratings and Research
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