Exclusive

Publication

Byline

Banks' bad assets may rise to 11-11.5% in FY21, says Crisil

MUMBAI, May 1 -- Bad loans are expected to rise to 11-11.5% of banks' total advances by March 2021 from 9.6% estimated in March this year, said rating agency Crisil. This will be the result of sharpl... Read More


Banks to elongate working capital cycles for small businesses amid disruptions

MUMBAI, May 1 -- Indian banks have decided to elongate the working capital loan cycles by 30-90 days while determining credit drawing power of small businesses hit hard by the covid-19 pandemic, said ... Read More


Banks may allow MSMEs more time to repay loans

New Delhi, May 1 -- Small businesses may get more time to repay working capital loans and even become eligible to borrow more, as banks try to support millions of enterprises brought to their knees by... Read More


Lenders to focus on corporates as retail loans expected to drop

Mumbai, April 30 -- Indian lenders, which have been focusing on retail loans for several years, could now start extending corporate credit, at least in the near term, as the economy tries to recover f... Read More


Fitch downgrades viability ratings of four Indian banks citing covid-19 impact

New Delhi, April 30 -- Fitch Ratings on Thursday downgraded the viability rating (VR) of State Bank of India (SBI), ICICI Bank, Bank of Baroda (BoB) and Axis Bank by one notch each, citing the impact ... Read More


Indian lenders witness a spike in their bad loans

mumbai, April 30 -- Bad loans could potentially rise for Indian lenders because of the covid-19 pandemic and the subsequent nationwide lockdown, according to internal stress tests conducted by HDFC Ba... Read More


Covid-19 to affect sale of loan portfolios for couple of quarters, says Icra

Mumbai, April 29 -- India's securitisation market is expected to face hurdles for the next one-two quarters owing to disruptions caused by the covid-19 pandemic, rating agency Icra said in a statement... Read More


Indian lenders see a spike in bad loans

Mumbai, April 29 -- Bad loans could potentially rise for Indian lenders because of the covid-19 pandemic and the subsequent nationwide lockdown, according to internal stress tests conducted by HDFC Ba... Read More


Covid-19 disruption could tilt credit scale in favour of corporates

MUMBAI, April 29 -- Indian lenders who have been for several years now pivoting towards retail loans could see a shift towards corporate credit, at least in the near term, as a result of the covid-19 ... Read More


India to see slow recovery, loss of demand post covid-19, say rating agencies

Mumbai, April 28 -- Following the disruption to business activities caused by the pandemic, India will see a slow recovery and a permanent loss of demand for certain sectors, credit rating agencies sa... Read More