In its report, Moody's asserted that Indian banks will profit from a stable operating environment and considerable increases in their solvency indicators.
The Prime Minister's Office (PMO) has made the asset declaration of PM Modi as of June 30, 2020. According to PMO's declaration, PM Modi's wealth has seen an increase of Rs 36 lakh from Rs 2.49 crore in 2019 to Rs 2.85 crore by June 2020.
The outbreak of COVID-19 and continued slowdown in the economy are likely to have an impact on banks asset quality and may trigger a surge in gross non-performing assets (GNPA) ratio to 9.6 to 9.9 per cent by the second or third quarter of the next fiscal, says a report.
Reliance Communications' committee of creditors is likely to seek extension of debt sale process beyond January 10 till February-end from the National Company Law Tribunal, according to sources.
New Delhi: Air India is considering selling off its properties in foreign destinations like Hong Kong, Nairobi and Mauritius as part of asset monetisation to garner resources.The national carrier has started approaching Indian banks and
New Delhi: The Finance Ministry is preparing a draft note on making spectrum a tangible asset so that the airwaves can be considered as collateral by financial institutions for lending to telecom companies. A decision
New Delhi: Sony Music Entertainment and Zee Music Co today announced a world-wide deal under which the global music major will manage all digital assets for the Indian firm's upcoming Bollywood releases.With this announcement Sony
Kolkata: India's largest banker SBI is selling off its non-performing assets (NPA) of around Rs. 3,500-4,000 crore for the financial year 2013-14 to asset reconstruction companies (ARC).“We are selling NPA between Rs. 3,500-4,000 crore of
New Delhi: Some mutual funds have come under scanner of the capital markets watchdog Securities and Exchange Board of India (Sebi) and industry's front-line regulator AMFI (Association of Mutual Funds in India) for allegedly window-dressing
New Delhi: CBI has sent a team to collect documents related to alleged disproportionate assets amassed by Andhra Pradesh Police chief V Dinesh Reddy against whom an enquiry has been initiated by the agency on
New Delhi, Aug 8: The Supreme court today quashed the CBI review petition in the disproportionate assets case relating to Bahujan Samaj Party supremo Mayawati granting her a big relief. The apex court verdict clears
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