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Sebi issues new guidelines to streamline operations of credit rating agencies
"In order to promote ease of doing business and bring about uniformity in dealing with appeals…
PTI
Fitch retains India rating at 'BBB-' with stable outlook
India's rating has remained unchanged at 'BBB-', the lowest investment grade, since August 2006.
PTI
Credit and profitability of banks to moderate in FY25, says ICRA
The Indian banking sector’s rating has been revised to stable from positive by rating agency ICRA o…
SBI economists see Q2 GDP growth slowing down to 6.5%; FY25 growth to be closer to 7%
Economists at SBI predict a dip in India's GDP growth to 6.5% for the September quarter, citing pre…
Israel downgraded by another big credit ratings agency as Middle East tensions escalate
Israel's economy is likely to suffer if there's a drawn-out conflict in the Middle East, S&P Global…
George Glover
NCDs may offer a higher interest rate than fixed deposits but experts advise caution
A non-convertible debenture, (NCD), is a type of debt instrument that lacks the option for buyers t…
RBI action on Kotak Mahindra Bank may restrain credit growth, profitability: S&P
Credit cards are a higher-yielding target growth segment for Kotak Mahindra Bank. This portfoli…
PTI
Two entities upgraded for every downgrade in FY24, hospitality sector records 23 upgrades: ICRA
The fiscal year of FY24 continued the ‘upgrade momentum’ that was set into motion in FY22, said the…
Attention! Here's what's changing with your PPF accounts starting 1st October, 2024
Note that if you have opened a second PPF account on or after December 12, 2019, you are not eligib…
Rate cuts are a double edged sword for Kamala Harris
The Fed's decision creates a delicate political situation for Harris — celebrate beating inflation…
Alice Tecotzky
The best way to fix your credit score? Ignore it.
Credit scores and reports can be daunting to think about for consumers. For companies from Experian…
Emily Stewart
RBI expected to begin rate cuts in October, with two reductions this fiscal: Crisil
The Reserve Bank of India (RBI) may begin lowering interest rates around October, provided that ext…
ANI
Digital initiatives to triple Indian retail borrowing to USD 2.5 trillion by 2030: S&P Global
Recognising the impact of digitisation in the country, S&P Global Ratings said that the state-backe…
ANI
No credit agency – in India or abroad – cut any of our ratings, says Gautam Adani at AEL AGM
While addressing the shareholders of Adani Enterprises at its AGM, Gautam Adani said that the compa…
Indian airlines likely to prune losses to Rs 3,000-5,000 cr this fiscal: ICRA
Indian airline industry is expecting to prune its net losses to Rs 3,000-5,000 crore in this fiscal…
PTI
Deposit rates rise faster than lending rates in March 2023: CareEdge
In March 2023, both lending and deposit rates rose, but the rate of increase was faster for the dep…
Wall Street sees this opaque corner of financial markets as the likeliest source of a credit crisis, Bank of America says
Investors now see "shadow banking" as the leading source of a potential credit event, respondents i…
Filip De Mott
Moody's told staff to WFH before it slashed China's credit rating as it feared authorities might retaliate: report
Moody's told its China-based staff not to come into the office before it slashed the country's cred…
Tom Carter
Growth in India set to get more broad-based, says Morgan Stanley; pegged 6.8% for 2024
Growth in India, which already is strong and surging, may become more broad-based across both on th…
ANI
S&P ups India's outlook to positive, raises hope for rating upgrade in 2 years
In a statement on Wednesday, the US-based agency said India's rating can be upgraded in the nex…