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3 mins read

India's corporate credit quality is getting stronger: S&P Global

S&P Global's analysis reveals that one in three ratings within India now have positive outlooks, ma…

ANI   


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2 mins read

Delhi breathing clean air despite Dussehra celebrations, AQI better than before: Gopal Rai

Delhi's Environment Minister Gopal Rai highlighted an improvement in the capital's air quality post…

PTI   


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2 mins read

Net NPAs of Indian banks dropped by 24.9% and Gross NPAs by 15.2% as of June 2024: CareEdge

The gross non-performing assets (GNPAs) of scheduled commercial banks (SCBs) fell by 15.2 per cent …

ANI   


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2 mins read

In the long run, rate cut by Fed will be favourable for most US banks: Moody's

"Initially, the rate cuts will be credit negative for most US banks. We expect their deposit costs …

ANI   


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1 min read

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   


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Banks' gross NPAs at 12-yr low, may fall further to 2.5%: RBI report

Among bank groups, public sector banks (PSBs) recorded a substantial reduction (76 bps) in their GN…

PTI   


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3 mins read

India Inc’s credit quality continues to shine in FY23: Slowdown concerns could impact IT, textile sectors, says ICRA

Corporate India’s credit quality has continued to rebound in FY23, sustaining the previous year’s m…

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2 mins read

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…

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6 mins read

I left California for Las Vegas. Even after a $39,000 pay cut, my house is bigger, my 401(k) contributions went up, and the quality of my life improved.

A program manager at a startup making $184K moved from California to Las Vegas. She quit and took a…

Jane Zhang   


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3 mins read

The free airport lounge access with credit cards is set to get tougher

All good things come to an end, so the saying goes. Going forward, you may not be able to have free…

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2 mins read

Banks' GNPAs set to improve further to 2.1 pc by FY25: Care Ratings

The gross non-performing assets (GNPA) of the Indian banking system are set to improve further to u…

PTI   


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2 mins read

Indian corporate credit quality remains strong in H1 of FY23: CRISIL

Debt light balance sheets, domestic demand and better cash flows has resulted in higher credit rati…

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4 mins read

Startups want to use blockchain technology to improve the carbon-credit markets. Here's why big names in the climate industry are warming up to the idea.

Startups such as Topl and Toucan are aiming to make carbon-credit markets more transparent through …

April Joyner   


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4 mins read

IndusInd Bank Q3 net profit grows 69% YoY to ₹1,959 crore, margin and asset quality see improvements

IndusInd Bank reported a standalone net profit of ₹1,959 crore in Q3, registering a growth of 69% y…

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1 min read

Fitch Ratings: Indian banks' viability ratings set to flourish amid improved conditions

Fitch foresees the continuation of robust Viability Ratings (VR) for Indian banks, largely propelle…

ANI   


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2 mins read

Credit cards, personal loans & more – India’s youngest adults lead in credit inquiries

As India’s youngest adults are going for credit cards, consumer durable loans and personal loans – …

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2 mins read

Strengthening credit quality and Biden's massive infrastructure plan is setting industrial stocks up for further big gains

A stronger credit outlook and a pending infrastructure plan are paving the way for industrial stock…

Carla Mozée   


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3 mins read

Strong Q4 on the cards, but concerns emerge on fall in CASA deposits and credit offtake slowdown

Indian banks are expected to continue their strong performance in Q4 led by a momentum in credit gr…

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2 mins read

FM Nirmala Sitharaman likely to meet PSU banks heads on Saturday

Finance minister Niramala Sitharaman is scheduled to meet managing directors of public sector banks…

PTI   


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2 mins read

Indian banks to issue bonds to maintain capital levels: CARE Ratings

With credit off-take increasing, Indian banks are expected to issue bonds to maintain their capital…