Coronavirus surge can delay Indian NBFIs' recovery: Fitch

Apr 08, 2021

Singapore, April 8 : India's non-bank financial institutions (NBFIs) face renewed asset quality and liquidity risks amid a second wave of coronavirus infections, according...

S&P upgrades outlook on Axis Bank from 'stable' to 'positive'

Jan 26, 2022

Mumbai [India], January 26 : Global ratings agency Standard and Poor's (S&P) has upgraded the outlook on Axis Bank from 'stable' to 'positive' citing...

ICICI Bank's gross NPA ratio declines to 3.41 per cent

Jul 23, 2022

Mumbai (Maharashtra) [India], July 23 : India's second-largest private sector lender ICICI Bank on Saturday reported an improvement in its asset quality with gross...

IDFC FIRST Bank to Raise Rs 3,200 cr Via Preferential Issue

May 31, 2024

Mumbai (Maharashtra) [India], May 31: IDFC FIRST Bank has laid a robust foundation with a strong and profitable business model. The Bank is seeing...

India's bank debt restructuring to delay NPL recognition: Fitch

Aug 11, 2020

Mumbai (Maharashtra) [India], Aug 11 : The Reserve Bank of India's (RBI's) recent proposal to allow banks to restructure many types of loans will...

Indian NBFCs' asset quality remains vulnerable: Moody's

Nov 23, 2020

New Delhi [India], November 23 : Moody's Investors Service on Monday said in a new report that although loan collections improved at the rated...