The gross non-performing assets (GNPAs) of scheduled commercial banks (SCBs) fell by 15.2 per cent year-on-year (y-o-y) to Rs 4.57 lakh crore as of Q1FY25, compared to Rs 5.66 lakh crore in the same period last year.
Singapore, September 26: Digital travel platform Agoda is thrilled to announce the 2024 recipients of its annual Customer Review Awards, acknowledging over 40,000 properties across 147 markets. Each awarded property has demonstrated excellence in service, securing impressive customer rati
India should develop a regional network of vital ports to fully capitalise on the opportunities for trade growth along its coastline, according to S&P Global Ratings.
Recent political developments in Bangladesh haven't had a significant impact on India's trade and going forward, the effect will vary based on industry or sector-specific nuances and their trade exposure, asserted Crisil Ratings.
Amid concerns about India's rising household debts a recent report by Care Edge Ratings highlighted that the increase in household debt is primarily driven by a surge in housing loans, which constitute over 50 per cent of retail loans.
Six Sri Lankan players have obtained new career-high ratings on the latest ICC Men's Test Rankings following their victory over England in the third Test match at The Oval.
Arjun Erigaisi has been creating waves this year with a career-best ranking. He ascended to World number 4 in the FIDE world ratings in June this year after beating France's Loic Travadon in the French Team Chess Championship 2024.
A recent analysis by CRISIL Ratings, which examined 58 gold jewellery retailers representing a third of the organised sector's revenues, indicates that the sector will benefit from improved working capital management.
Education loans, primarily those to fund courses overseas, will continue to be among the fastest-growing segments for non-banking financial companies (NBFCs) because of rising demand for higher education, said Crisil Ratings.
With the increased infrastructure spending by the Union and state governments post 2021-22, the medium-term outlook is positive for FDI inflows, opined India Ratings and Research's in a report on Sunday.
The revenue growth of auto dealers is expected to slow to 7-9 per cent this financial year after a healthy 14 per cent last year, due to a moderation in sales volume growth and modest price hikes by car manufacturers, asserted Crisil Ratings.
American credit rating agency Fitch Ratings, on August 29, affirmed India's Long-Term Foreign-Currency Issuer Default Rating (IDR) at 'BBB-' with a Stable Outlook.