Search For "bank credit"
Simple steps to apply for a Bajaj Finserv RBL Bank Credit Card and
Updated : 5 days, 8 hours ago IST
Pune (Maharashtra) [India], March 2 (ANI/BusinessWire India): Owning a credit card has become an absolute necessity in today's times. From paying utility bills to buying groceries and home appliances, a credit card offers huge convenience, savings and access to funds with just a simple swip
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Economy gathers steam but pvt investments missing: RBI
Updated : 6 days, 10 hours ago IST
Mumbai (Maharashtra) [India], Mar 1 (ANI): Economic activity is gaining steam in India as Covid-19 incidences recede but private investments are missing in action, according to the Reserve Bank of India (RBI).
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Global bank credit losses for banks may total $1.8 trillion: S&
Updated : 1 month ago IST
Singapore, February 3 (ANI): S&P Global Ratings on Wednesday lowered its forecast of credit losses for banks globally at 1.8 trillion dollars in 2020 and 2021, down 15 per cent from its previous estimate of 2.1 trillion dollars in July 2020.
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Moderate bank stress formation likely but provisioning can remain
Updated : 1 month, 3 weeks ago IST
Mumbai (Maharashtra) [India], Jan 11 (ANI): Bank credit growth remains moderate but the outlook is improving due to healthy traction in mortgage, auto and cards led by faster economic recovery, Emkay Global Financial Services said on Monday.
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HDFC Bank's multiple digital outages are credit negative: Moody's
Updated : 3 months ago IST
Singapore, December 7 (ANI): Moody's Investors Service said on Monday that HDFC Bank's multiple outages in its internet banking, mobile banking and payment utility services over the past two years are credit negative.
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Gross NPAs of banks may jump to 11.5 pc by end of FY21: Care Ratin
Updated : 4 months, 3 weeks ago IST
Mumbai (Maharashtra) [India], October 14 (ANI): The gross non-performing assets (NPAs) ratio of Indian banks is likely to be 11 to 11.5 per cent by end of current fiscal and they are likely to restructure 4 to 5 per cent of the overall bank credit outstanding, according to Care Rating.
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Past instances of bank loan restructuring do not inspire confidenc
Updated : 6 months, 2 weeks ago IST
Mumbai (Maharashtra) [India], Aug 19 (ANI): The recently announced loan restructuring guidelines for COVID-19 related stress will provide banks with an opportunity to keep viable accounts as standard in their books, India Ratings and Research (Ind-Ra) said on Wednesday.
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A-Pac banks rating actions highlight importance of sovereign suppo
Updated : 8 months, 3 weeks ago IST
Hong Kong, June 19 (ANI): Asia Pacific emerging market (EM) banks whose ratings benefit from sovereign support could be affected if the economic impact of coronavirus deepens and governments' policy responses fail to adequately mitigate risks to the economy, Fitch Ratings has said.
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Banking, auto stocks jump as RBI unveils steps to ease liquidity
Updated : 10 months, 3 weeks ago IST
Mumbai (Maharashtra) [India], April 17 (ANI): Equity benchmark indices jumped over 3 per cent on Friday as the Reserve Bank of India unveiled measures to ease liquidity and bank credit as part of economic relief to offset the fallout of coronavirus lockdown.
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RBI slashes reverse repo rate by 25 bps to inject liquidity, no ch
Updated : 10 months, 3 weeks ago IST
Mumbai (Maharashtra) [India], April 17 (ANI): The Reserve Bank of India (RBI) on Friday announced a reduction in reverse repo rate by 25 basis points from 4 per cent to 3.75 per cent to facilitate bank credit flows amid the coronavirus crisis and subsequent countrywide lockdown which has
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Bank credit growth on a low swing this fiscal: Care Ratings
Updated : 1 year ago IST
Mumbai (Maharashtra) [India], Mar 4 (ANI): The overall bank credit growth has been low so far this year with the first 10 months registering an increase of 3.5 per cent compared with 7 per cent last year (January over March), according to Care Ratings.
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Bank credit growth moderated to 7.1 pc
Updated : 1 year, 1 month ago IST
New Delhi [India], Jan 31 (ANI): Bank credit growth (YoY) moderated from 12.9 per cent in April 2019 to 7.1 per cent as on December 20, 2019, says the Economic Survey tabled in Parliament by Finance and Corporate Affairs Minister Nirmala Sitharaman.
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