Moody’s says bank exposure to Adani not large to affect credit quality
Indian banks' exposure to the Adani Group will not materially affect their credit quality since it is less than one...
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BFSI
Banking laws recast likely to protect bankers from Lokpal
India is eyeing a significant revamp of the banking laws that includes ring-fencing bankers from the Lokpal Act, stock options...
Read moreHSBC confident it can serve an aspirational India going global
With Citi India exiting India's retail segment, another foreign lender, HSBC, is firming up plans to grab a bigger share...
Read moreDon’t see loan exposure to Adani as an issue for SBI, says CreditSights
Research firm CreditSights on Tuesday said that it does not see the loan exposure to Adani Group stocks as an...
Read moreIL&FS to distribute Rs 3,200 crore to IFIN creditors
IL&FS Group has initiated its largest Interim Distribution pay-out till date - in IL&FS Financial Services Limited (IFIN), an IL&FS...
Read moreBanks to face margin pressure next fiscal, net interest margin may fall by 10 basis points to 3.45%: Fitch
Banks will face margin pressure next fiscal as they increase the deposit rates to attract funds to support sustained high...
Read moreBanks want funds in dormant accounts taken as CRR
Banks have reached out to the Reserve Bank of India (RBI) with a suggestion to count funds in unclaimed deposits...
Read moreBonds out, Adani Group looks for new ways to refinance ACC, Ambuja M&A loans
The Adani Group is likely to shelve its plans to raise close to $500 million via international bonds and will...
Read moreStandard Chartered stops lending against Adani dollar bonds amid volatility
After Citi and Credit Suisse, British bank Standard Chartered (StanChart) has stopped giving loans on the back of dollar bonds...
Read moreAxis Bank says exposure to Adani Group at 0.94 pc of total loans
Axis Bank, India’s fourth-biggest private lender, joined top-deck state-run peers in defending its financial exposure to the Adani Group, which...
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