Outlook on Indian banks stable as economic growth prospects remain healthy amid weak asset quality: Moody's
• 6 years agoThe environment will stay stable, supported by robust economic growth, Moody's said in a statement.
Banking sector outlook to stay negative till capital positions improve: Fitch Ratings
• 7 years agoFitch Ratings believes the country's banks will need $40-55 billion in additional capital to meet the Basel-III requirements by 2019
Fitch downgrades Punjab National Bank’s viability ratings by two notches after oversight gaps
Ians • 7 years agoFitch Ratings downgraded viability rating (VR) of Punjab National Bank (PNB) to 'b' from 'bb-' and maintained it on rating "watch negative" (RWN)
Higher NPA provisioning to impact banks in FY19; recapitalisation will help resolve NPL, rollout of Basel III: Moody's
• 7 years agoThe government in October last year announced plans to infuse Rs 2.11 lakh crore into PSU banks over the next two years
Fitch lowers growth forecast to 6.9%, sees large bank NPAs dampening credit growth, investment
• 7 years agoEconomic activity is expected to accelerate in the second half of the fiscal year with the waning impact of demonetisation shock in late 2016 and GST rollout in July
RBI's move on NPA resolution credit-positive for banks, to improve overall asset quality: Moody's
Ians • 8 years agoThe Reserve Bank of India move is credit-positive for banks because any meaningful resolution under this plan can help improve their overall asset quality
Indian banks' bad loans may rise to 15% by Mar 2018, credit profile unlikely to improve in next 1 year: S&P
• 8 years agoIndian banks' credit profiles are unlikely to improve over the next 12 months, said S&P Global Ratings
'Earnings for banks lending to corporate to be volatile' says investment banking firm
Ians • 8 years agoJefferies does not agree with the view that RBI will form committees to offer haircuts to banks on their loans as a part of resolution of stressed assets/loans.
HDFC reports 16% rise in consolidated net profit at Rs 2,446 crore
• 8 years agoTotal income during the quarter under review rose to Rs 14,504.72 crore from Rs 12,520.83 crore in the July-September period last fiscal
Weaker banks IOB, Central Bank to benefit from govt's capital infusion: Moody's
• 9 years agoLast week, the government announced a Rs 22,915 crore capital infusion into 13 PSBs. Of this, IOB received Rs 3,101 crore and Central Bank got Rs 1,729 crore