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‘Improved economic environment to boost FY21 credit growth’

New Delhi, Feb 27 | Improved economic environment in 2HFY21 and the Centre's focus on higher spending especially on infrastructure will give a boost...

Credit features its first ever international brands festival

By IANSlifeNew Delhi, Feb 27 (IANSlife) Nothing brings a shopaholic as much joy as buying state-of-the-art products on sale, at a whim. However, we've...

‘Pak offers $15M credit line to SL for defence cooperation’

Islamabad, Feb 24 | Pakistan Foreign Minister Shah Mahmood Qureshi has said that defence and security cooperation to end the menace of terrorism are...

2.5 million UP farmers to be linked to Kisan Credit Card

Lucknow, Feb 21 | With the aim to double the income of farmers, Uttar Pradesh Chief Minister Yogi Adityanath has taken measures to link...

Moody’s upgrades LG Electronics’ credit ratings by one notch

Seoul, Feb 19 | Global rating agency Moody's Investors Service on Friday upgraded credit ratings of LG Electronics for the first time in seven...

Fertiliser manufacturers’ credit metrics to improve in FY22: Ind-Ra

New Delhi, Feb 19 | Fertiliser manufacturers' credit metrics will improve in the upcoming fiscal given the strong likelihood subsidy backlog clearance post allocation...

Commercial credit growth back to pre-pandemic levels: Report

New Delhi, Feb 18 | Findings from the TransUnion CIBIL-SIDBI MSME Pulse Report's latest edition indicate that under the government's Emergency Credit Line Guarantee...

India markets upgraded, China downgraded: Credit Suisse

New Delhi, Feb 16 | Credit Suisse has upgraded India and Australia from Market Weight to Overweight while downgrading China and Thailand stock markets."The...

Apple TV Plus subscribers to receive credit refunds until June

San Francisco, Jan 31 | Apple has informed subscribers of its Apple TV Plus streaming service that they will continue to get refund credits...

Economic Survey FY21 slams ‘biased’ sovereign credit ratings

New Delhi, Jan 29 | Coming down hard on sovereign credit ratings, the Economic Survey 2020-21 said that the ratings do not reflect the...

Give credit to Virat for team’s self-belief, character: Shastri

Brisbane, Jan 19 | India coach Ravi Shastri on Tuesday claimed this was the toughest ever tour an Indian team had undertaken and credited...

One held for availing fake input tax credit of Rs 82.23...

New Delhi, Jan 18 | In the ongoing drive against the availment of inadmissible input tax credit (ITC), officials of the of Central Goods...

Bank credit to manufacturing muted amid pandemic

New Delhi, Jan 17 | Bank credit to manufacturing sector has remained muted in the current financial year amid the pandemic, while few sectors,...

Higher bank credit may not always lead to higher investment

Mumbai, Jan 5 | Increase in credit from banks may not always lead to a rise in investments as largely anticipated, said an RBI...

Steady provisioning to soften impact of slow infra credit resolution: ICRA

New Delhi, Jan 4 | Given the Covid-induced disruption, the trajectory of total infrastructure credit in India (banks and infrastructure finance non-bank companies) slowed...

Bogus input on tax credit lands Zee, L&T in I-T net

New Delhi, Jan 4 | The Income Tax Department on Monday carried out limited verification exercise at the office premises of the Zee Group...

Ankita Lokhande celebrates 3mn Insta followers, trolls credit Sushant for feat

Mumbai, Jan 2 | Ankita Lokhande on Saturday expressed gratitude to her Instagram family, which has reached a count of three...

Better asset quality to drive banks’ credit, earnings in FY22: ICRA

New Delhi, Dec 28 | Improved asset quality, along with lower credit provisions, could drive better profitability for banks and rejuvenate their lending decisions,...

Proposed sale of 33.12% equity shares of Prime Focus by Credit...

Mumbai, Dec 28 | The proposed sale of 33.12% equity shares of Prime Focus Ltd. (PFL) by Credit Suisse (CS) to the PFLs promoter...

Mandatory switch to PNG for Delhi industries credit positive for CGDs:...

New Delhi, Dec 26 | The Centre's new directive for industrial units in Delhi to switch over to PNG (piped natural gas) owing to...

RBI Guv discusses credit flow, rate cut transmission with bank MDs

Mumbai, Dec 23 | Reserve Bank Governor Shaktikanta Das continued discussions with MDs and CEOs of both public and private sector banks on Wednesday. The...

Zomato partners with InCred on credit to restaurant partners

New Delhi, Dec 21 | There is good news for Zomato's restaurant partners as the food-tech unicorn on Monday said it has entered into...

Pandemic may bring back plan for a new credit enhancing NBFC

New Delhi, Dec 15 | The government may give the go-ahead for a new credit enhancement non-banking finance company (NBFC) that will act as...

‘Biden admin’s policies may marginally impact Asian credit conditions’

New Delhi, Dec 9 | The policies of US President-elect Joe Biden's administration may have a marginal impact on the credit conditions in Asia...

RBI’s directive credit negative for HDFC Bank: Moody’s

Mumbai, Dec 7 | The Reserve Bank's directive to HDFC Bank for temporarily stopping all launches of the Digital Business generating activities and sourcing...

IndiGo to complete pending credit shells’ payments by Jan 31

New Delhi, Dec 7 | Airline major IndiGo on Monday said it will complete the payment against all pending credit shells latest by January...

RBI asks HDFC to temporarily stop issuing new credit cards

Mumbai, Dec 3 | The Reserve Bank has asked HDFC Bank to temporarily stop all launches of the ‘Digital Business generating activities and sourcing...

Two held for GST credit fraud of Rs 35.72 crore in...

Chennai, Nov 16 | Two persons were arrested on charge of committing Goods and Services Tax (GST) credit fraud of Rs 35.72 crore, Principal...

Govt extends emergency credit line for sectors stressed by Covid

New Delhi, Nov 12 | The Centre on Thursday revamped its Rs three lakh crore emergency credit line guarantee scheme (RCLGS) launched for providing...

World Bank cautions Indians against fraudulent credit, debit cards

New Delhi, Nov 6 | If there weren't enough financial crimes and frauds, credit and debit cards in the name of the World Bank...

Tata Power’s deleveraging initiatives raises its credit rating

New Delhi, Nov 5 | Private sector power generator Tata Power has secured a rating upgrade by CRISIL over its deleveraging initiatives that involved...

Paytm teams up with SBI Card to launch co-branded credit cards

New Delhi, Nov 4 | Leading digital financial services platform Paytm and SBI Card on Wednesday said they have joined hands to launch co-branded...

DC captain Iyer gives credit to bowlers for win

Abu Dhabi, Nov 3 | While picking his bowlers for a special mention, winning Delhi Capitals (DC) captain Shreyas Iyer said on Monday that...

All credit goes to RCB bowlers, says captain Warner

Sharjah, Oct 31 | SunRisers Hyderabad's (SRH) bowlers deserve all the credit for the team's run of victories in the Indian Premier League, captain...

Jim Sarbh: Don’t think we give credit to all pieces that...

Mumbai, Oct 26 | Actor Jim Sarbh says not much credit is given to all the pieces that go into making a film."Everyone likes...

Paytm enters credit card biz, to issue 20 lakh in 12-18...

New Delhi, Oct 19 | Leading digital financial services platform Paytm on Monday said it will partner with various card issuers to introduce co-branded...

Exim Bank extends $400 mn Line of Credit to the Maldives

Chennai, Oct 12 | The Export-Import Bank of India (Exim Bank) on Monday said it has extended a $400 million Line of Credit (LoC)...

RBI raises retail exposure threshold for banks to improve credit flow

Mumbai, Oct 9 | The Reserve Bank of India (RBI) has decided to enhance the threshold limit of retail portfolio of banks to Rs...

Kerala BJP flays Vijayan for taking credit for Central schemes

Thiruvananthapuram, Oct 8 | The Kerala BJP on Thursday slammed Chief Minister Pinarayi Vijayan for taking credit for Central schemes, with no contribution by...

Energy transition poses varying degrees of credit risk to NOCs :...

Singapore, Oct 6 | Energy transition poses varying degrees of credit risk to the world's largest national oil companies (NOCs), with many of the...

Overall credit growth continues to be muted: FinMin report

New Delhi, Oct 4 | Overall credit growth continues to remain muted amid weak credit demand and heightened risk aversion among banks, as per...

New security norms for credit, debit cards puts several in fix

New Delhi, Oct 1 | New guidelines to further secure credit and debit card payments left several cardholders in a fix on Thursday as...

Australia announces ‘most significant’ credit reforms in decade

Canberra, Sep 25 | The Australian government on Friday announced that it would abolish lending laws imposed on banks which were introduced in 2009...

Govt’s stake divestment to be credit negative for PSBs: ICRA

New Delhi, Sep 17 | The proposed divestment of the Centre's majority stake in certain PSBs will be credit negative for these lenders, ratings...

Credit outlook moderately negative for gold jewellery retailers: Crisil

New Delhi, Sep 17 | Slack demand, resulting in lower cash accrual, along with elevated inventory levels and curtailed bank finance, will lead to...

Project Signal on as UBS drives merger talks with Credit Suisse

New Delhi, Sep 14 | Swiss banking giant UBS is leading talks for a merger with fellow bank Credit Suisse which would create the...

Delhi Police bust gang of credit card cheats

New Delhi, Sep 12 | The Delhi Police have busted a gang of cheats which was operating across India to defraud innocent victims on...

Sustained recovery, loan restructuring to save India Inc’s credit profile: ICRA

New Delhi, Sep 9 | Sustained sequential recovery, along with potential relief from loan restructuring, could prevent further weakening of India Inc's credit profile,...

Credit for top EoDB ranking to Andhra goes to Chandrababu: TDP

Amaravati, Sep 5 | With Andhra Pradesh on Saturday retaining top position in the Ease of Doing Business (EoDB) 2019 ranking, the Opposition Telugu...

RBI revises priority sector lending norms, raises credit limits

Mumbai, Sep 4 | The Reserve Bank of India (RBI) on Friday released its revised priority sector lending guidelines wherein the credit limits have...

Business

Beijing’s new economic forms robust in 2020

Beijing, Feb 27 | Beijing's new economic forms have displayed robust performance in 2020 despite the Covid-19 epidemic, official figures showed.The added value of...