MUMBAI: Non-bank lender Mahindra Finance on Tuesday reported a 9 per cent decline in standalone profit to Rs 563 crore in the March quarter. The Mahindra…
Browsing: Credit
MUMBAI: Credit rating upgrades outpaced downgrades in FY25, though the pace has slowed from FY24. In FY25, ICRA upgraded 301 entities and downgraded 150, with its…
Mumbai: Banks lent an additional Rs 15.3 lakh crore in the first 11 months of the financial year, expanding their loan book by 9.3% to Rs…
MUMBAI: Open Network for Digital Commerce, a non-profit entity set up by the commerce ministry and the department of promotion of industry and internal trade, has…
OLDWICK, N.J., August 07, 2024–(BUSINESS WIRE)–AM Best has affirmed the Financial Strength Rating of B++ (Good) and the Long-Term Issuer Credit Rating of “bbb+” (Good) of…
This past weekend’s Newsletter discussed how yield curve un-inversions have an excellent track record of predicting recessions. Another historically reliable indicator of recessions is weakness in…
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