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INDIA CREDIT RATING UPGRADE
NY Fed survey finds highest credit application rate in nearly five yearsAmericans’ demand for new credit hit a near five-year high in June, according to New York Fed data. While applications for credit cards and...
New phone, same salary: Why Indians need to stop falling for tech upgrade traps
Credit-deposit gap to persist as loan demand dynamics have changed, says SBI ResearchA noticeable gap between credit and deposit growth is troubling the banking landscape. Consumers are shifting their savings from traditiona...
India vs US real estate: Transparency, legal protection, fraud risks, and what NRIs should consider before buying propertyIt is relatively easier to reliably buy or sell property in the United States, compared to the process in India, which can be fraught with ...
ICICI Bank shares rise 3% after Q1 results. Why Bernstein and 4 other brokerages see up to 32% upsideICICI Bank shares rose 3% after the lender reported strong Q1FY27 results, with net profit growing 15.9% and net interest income rising 12....
Rs 91,000 crore wipeout: What spooked HDFC Bank, Axis Bank and Kotak investors even as credit growth picked up?Nearly Rs 91,000 crore was wiped off the market value of HDFC Bank, Axis Bank and Kotak Mahindra Bank as stronger credit growth failed to o...
Yes Bank shares drop 4% after Q1 results. What are Nuvama, other brokerages saying?Yes Bank shares fell despite reporting a 34% year-on-year jump in Q1FY27 standalone net profit to Rs 1,071 crore. Net interest income (NII)...
BBBump it up, boys! The great Indian economic rating puzzleIndia's fiscal discipline has improved significantly, supported by strong economic growth. Government deficit has narrowed while growth con...
Trade, NBFC credit to remain fastest-growing lending segments: ReportTrade and NBFC credit are expected to remain among the fastest-growing segments of India's banking system, supported by rising formalisatio...
Crisil Ratings upgrades long-term ratings of Vedanta group companiesCrisil Ratings has upgraded Vedanta group companies' long-term ratings to AA+ and assigned a stable outlook. This upgrade reflects the stro...
Vedanta, demerged Vedanta Aluminium, Vedanta Oil & Gas get rating upgrades from CRISILCRISIL has upgraded ratings for Vedanta Aluminium Metal and Vedanta Oil and Gas. These upgrades reflect stronger business and financial ris...
India's non-sovereign debt may rise to 150 pc of GDP by 2047: CrisilIndia's non-sovereign debt may reach 150 percent of GDP by 2047. This increase is essential for achieving a USD 30 trillion economy. Banks ...
Tata Capital raises $400 million in dollar bond sale after strong demandTata Capital successfully raised four hundred million dollars through dollar-denominated bonds. The company achieved a coupon rate signific...
UPI credit line explained: How to pay now, settle later without a credit card
Lending, deposit rates likely to ease gradually as funding costs soften: CareEdgeLending and deposit rates will likely moderate gradually in coming months. High-cost legacy deposits are maturing, and liquidity remains co...
Moody's affirms SBI, HDFC Bank ratings on strong asset qualityMoody's Ratings has confirmed the ratings for both State Bank of India and HDFC Bank, attributing a stable outlook to their robust asset qu...
Consumers adjust to a supply squeezeConsumers are increasing borrowing to afford rising prices on electronics and gadgets. Easy digital credit fuels this demand, but household...