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Gold loan non-bank finance companies (NBFCs) are facing strong competition from traditional banks and large NBFCs in the high-value loan segment, resulting in loan growth challenges, according to India Ratings and Research (Ind-Ra). In addition, these NBFCs which are primarily ...
The Indian banking sector will continue to improve for the rest of FY23 as the banking system’s health remains to be strong, according to India Ratings and Research (Ind-Ra). The key financial metrics are likely to improve during the rest ...
Benchmark Indian indices closed at record highs as stocks in Bank, Realty, Metal and Energy gained. The Sensex closed 1.63% higher at 59885.36 and Nifty rose 1.57% to 17822.95.Among Nifty sectoral indices, Realty (8.66%), Bank (2.24%), Energy (1.83%) and Metal ...
Rating agency CRISIL raised the credit outlook of Corporate India to “positive” from “cautiously optimistic” for FY22, on the back of a sustained recovery in demand. The agency said that the second wave had weighed on the country’s economy and ...