BFSI Archives - Page 130 of 150 -

Don’t see loan exposure to Adani as an issue for SBI, says CreditSights

07/02/2023
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Research firm CreditSights on Tuesday said that it does not see the loan exposure to Adani Group stocks as an issue for the State Bank […]

IL&FS to distribute Rs 3,200 crore to IFIN creditors

07/02/2023
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IL&FS Group has initiated its largest Interim Distribution pay-out till date – in IL&FS Financial Services Limited (IFIN), an IL&FS Group company. As part of […]

Banks to face margin pressure next fiscal, net interest margin may fall by 10 basis points to 3.45%: Fitch

07/02/2023
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Banks will face margin pressure next fiscal as they increase the deposit rates to attract funds to support sustained high loan growth, and the same […]

BFSI

Banks want funds in dormant accounts taken as CRR

07/02/2023
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Banks have reached out to the Reserve Bank of India (RBI) with a suggestion to count funds in unclaimed deposits and inoperative or dormant accounts […]

Bonds out, Adani Group looks for new ways to refinance ACC, Ambuja M&A loans

06/02/2023
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The Adani Group is likely to shelve its plans to raise close to $500 million via international bonds and will explore other financing options, including […]

Standard Chartered stops lending against Adani dollar bonds amid volatility

06/02/2023
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After Citi and Credit Suisse, British bank Standard Chartered (StanChart) has stopped giving loans on the back of dollar bonds floated by companies of the […]

Axis Bank says exposure to Adani Group at 0.94 pc of total loans

06/02/2023
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Axis Bank, India’s fourth-biggest private lender, joined top-deck state-run peers in defending its financial exposure to the Adani Group, which has lost more than $110 […]