Search For "asset quality"
Updated : 1 month, 1 week ago IST
London [UK], September 10 (ANI): Indian banks' improved performance for the financial year ended March 2021 (FY21) is in contrast to the stress evident from extension of Covid-19-related relief measures to borrowers, Fitch Ratings has said.
Updated : 2 months, 2 weeks ago IST
Mumbai (Maharashtra) [India], August 7 (ANI): India Ratings and Research (Ind-Ra) has affirmed IDFC First Bank's (IDFCFB's) debt instruments' ratings at AA-plus with a negative outlook.
Singapore, Aug 6 (ANI): S&P Global Ratings has revised its rating outlook on Indian Bank to stable from negative.
Updated : 3 months, 4 weeks ago IST
Singapore, June 25 (ANI): Moody's Investors Service on Friday affirmed IDBI Bank Ltd's long-term deposit and senior unsecured debt ratings at Ba2.
Updated : 4 months ago IST
New Delhi [India], June 22 (ANI): Government-owned India Infrastructure Finance Company Ltd (IIFCL) said on Tuesday it has returned to profitability with a standalone profit after tax of Rs 286 crore and consolidated profit after tax of Rs 325 crore in the fiscal year 2020-21.
Updated : 4 months, 1 week ago IST
Mumbai (Maharashtra) [India], June 12 (ANI): A hit to collection efficiency of non-banking finance companies and microfinance institutions (NBFCs-MFIs) owing to protracted Covid-19 curbs will increase asset-quality pressures in the sector, according to Crisil Ratings.
Updated : 4 months, 3 weeks ago IST
New Delhi [India], May 29 (ANI): Nearly 73 per cent of credit managers are expected to change their lending strategies, especially for the unsecured portfolio, in order to manage asset quality and mitigate emerging risks in the portfolio, according to a recent PwC Equifax survey.
Mumbai (Maharashtra) [India], May 28 (ANI): S&P Global Ratings has affirmed BB long-term and B short-term foreign currency issuer credit ratings on IDBI Bank.
Updated : 4 months, 4 weeks ago IST
Mumbai (Maharashtra) [India], May 26 (ANI): India Ratings and Research (Ind-Ra) has said the second Covid wave will have a material impact on vehicle financers' asset quality as borrowers are grappling with reduced capacity utilisation and increased operating costs.
Updated : 5 months ago IST
Bengaluru (Karnataka) [India], May 18 (ANI): Public sector lender Canara Bank said on Tuesday its net profit stood at Rs 1,011 crore in the January to March quarter (Q4 FY21) against a loss of Rs 3,259 crore in the year-ago period.
Updated : 5 months, 1 week ago IST
London [UK], May 15 (ANI): Downside pressures on India's creditworthiness remain prominent and the ongoing health crisis will depress economic activity in the near term, Fitch Ratings has said.
Updated : 5 months, 2 weeks ago IST
Singapore, May 10 (ANI): There are growing indications that India's latest wave of Covid-19 infections will add to risks among financial institutions (FIs) by sapping near-term momentum from the economic recovery, according to Fitch Ratings.