The growth prospects are particularly high for Indian companies in the speciality and complex generic drugs segment in the US, the report said.
Moody's has revised to positive the outlook on the long- term ratings of private sector lenders
Bandhan expects to have a loan portfolio of Rs 14,500 crore.
The defendants would make up a false identity to get cards and then use them.
Your social media profile may soon be your ticket to a loan or a credit card, says Abhishek Agarwal
Demand for the earlier variant 737NG planes is also expected to pick up due to the grounding of MAX planes.
Follow these 6 Cs of building good credit and your lender will never disappoint you!
'Given the emerging trends, it may be time for India to embrace digital banking,' notes Pradipta Bagchi.
The advice your mother gave you about choosing your friends wisely got a whole new meaning with lenders looking at your social media posts
Rating agency Moody's on Tuesday cautioned that a third front government created by regional parties could lead to capital flight and delay economic recovery.
The bosses of SBI, Union Bank and Central Bank have been driving down to their offices everyday to take stock of the biggest loan drive ever undertaken for MSMEs, discovers Tamal Bandyopadhyay.
In December 2016, RBI had granted additional 60 days for repayment of certain loans
'We don't trade with any business where we have specific concerns,' a De Beers spokesperson said.
'As banks grapple with risk aversion and savers see an erosion in the value of money, the P2P platform can be a win-win for both borrowers and lenders,' notes Tamal Bandyopadhyay.
Secured credit cards offer benefits similar to regular credit cards and hence an applicant should try and get a card with lower fees and more features, suggests Sarbajeet K Sen.
The ministry has also asked that the cap of such borrowings is to be set at $500 million (Rs 3,450 crore) for a single company and $1 billion (Rs 6,900 crore) for the entire sector.
More asset sales may be only way out, though most of the group companies' ratings have been downgraded and their combined market value is now a fraction of their combined debt.
A few important factors to keep in mind while applying for a home loan, and strategies to manage it, whatever your age.
Credit is relevant in the short run but what actually matters is productivity in the long run.
In 2009, ArcelorMittal had picked up a stake in Uttam Galva Steels. A new Section 29A of the IBC prohibits promoters of companies with NPAs of more than a year from bidding for these companies.
Fitch Ratings says in a report published on Thursday that the spillover effects of a weaker rupee have not significantly hurt India's creditworthiness, and hence would not trigger any rating action as this point.
The Income Tax Department on Tuesday also raided 20 premises linked to Gitanjali Gems promoter Mehul Choksi and suspected shell firms in connection with an alleged tax evasion case against them, official sources said.
None of the four benchmarks suggested by the RBI is ideal as banks in India create loan assets from their deposits and not borrowing from the regulator or market, says Tamal Bandyopadhyay.
'If your loan application gets turned down by one bank, do not apply immediately to several others.' 'This makes you appear credit hungry and possibly in some form of financial distress.' 'Multiple enquiries affect your credit score adversely,' advises Mohan Jayaraman.
Tailored luxury experiences with the most minute of details charted out for discerning travellers is the way forward, says Nikita Puri.
How to use the credit card is more important that the credit limit of the cards or how many you possess.
There are organisations who help individuals to improve their credit health.
Besides the thrill of changing cars quite often, a higher tax deduction is available, experts tell Tinesh Bhasin
In order to be eligible for a loan when you really need one, it is imperative to maintain a good credit score. By having a good mix of debt and servicing it regularly, you can maintain a good credit score and be loan ready at all times.
Obama said every country, every democracy in particular, has tussles over the budget.
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Amid fears of a downgrade from ratings agencies, the finance ministry is gearing up for a visit of Japan Credit Rating Agency officials on September 6.
Being a guarantor for a freinds loan can cost you a dear.
On February 22, 2013, the Reserve Bank of India issued guidelines on 'Licensing of New Banks in the Private Sector'.
The I-T department said NuPower's balance sheet did not substantiate the high premium paid by Singapore-based DH Renewables for its shares, and suspects it could be a case of round-tripping of unaccounted income by NuPower.
If you ever face a situation where your card transaction is declined, it is advisable to call your bank and check with them for the cause. In most cases, unless it's a fraudulent issue, the problems will be resolved on the phone.
President appealed to Congress to pass the budget while pushing Republicans to agree to hike the borrowing limit.
Find out how banks and lending institutions decide if you are worth their money based on your CIBIL TransUnion Score and Credit Information Report.
The move comes within months of a crisis at JPMorgan Asset Management Company.
The new Insolvency and Bankruptcy Code has serious drawbacks, finds out Somasekhar Sundaresan.
China's move to devalue its currency has exposed the fragility of its economy.
