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Ind-Ra downgrades South Indian Bank to A with negative outlook
Updated : 5 years, 9 months ago IST
Mumbai (Maharashtra) [India], Aug 22 (ANI): India Ratings and Research (Ind-Ra) has downgraded South Indian Bank's long-term issuer rating to A from A-plus with a negative outlook.
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Indian public sector banks face fresh capital shortages as coronavirus bit
Updated : 5 years, 9 months ago IST
Singapore, Aug 21 (ANI): The sharp slowdown in India's economic growth exacerbated by coronavirus outbreak will hurt public sector banks' (PSBs) asset quality and drive up credit costs, Moody's Investors Service said in a new report on Friday.
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