Fitch Ratings on Monday said the shock to economic activity from the latest wave of COVID-19 pandemic will be less severe than the one in 2020, but recovery is likely to be delayed as economic......
'Mostly, the relief, if needed, would be for housing loans where a person has lost a job and is unable to pay his EMI or there has been a temporary salary cut.' Illustration: Dominic......
The net NPA ratio declined to 3.7 per cent in September 2019 from just below 4 per cent in March 2019, reflecting increased provisioning. Illustration: Dominic Xavier/Rediff.com The finance......
Among the bank groups, under the baseline scenario, public sector banks’ gross NPA ratios may increase to 13.2 per cent by September 2020 from 12.7 per cent in September 2019. Illustration:......
'The banking sector appears to be on course to recovery,' declares the RBI governor.Anup Roy reports. IMAGE: RBI Governor Shaktikanta Das. Photograph: Danish Siddiqui/Reuters The bad assets......
Ankita Raina continued her red-hot form with a fluent win after Karman Kaur Thandi's erratic victory as India blanked Hong Kong 3-0 in the Fed Cup in New Delhi on Friday. Karman struggled to......
Federer in fine fettle as Switzerland beat Russia in Hopman Cup IMAGE: Roger Federer’s Australian Open preparation gained momentum. Photograph: Hopman Cup/Twitter. Roger Federer subdued a......