Fitch Ratings has slashed its growth forecast for India for the current fiscal year to 7% from the previous estimate…
Browsing: Fitch Ratings
Mumbai, NFAPost: The recent second wave of coronavirus cases will continue to exert near-term pressure on India’s non-bank financial institutions…
Mumbai, NFAPost: The Indian government’s plan to privatise two state-owned banks in the current financial year (FY22, ending March 2022)…
Relief to Postpone Financial Stress from India’s Covid-19 Surge Mumbai, NFAPost: There are growing indications that India’s latest wave of…
Chennai, NFAPost: India’s non-bank financial institutions (NBFI) will continue to face elevated near-term risks, even as economic activity picks up…
State banks were more vulnerable than private banks coming into the crisis, with weaker loss-absorption buffers, and appear to be…