BBB

R&I upgrade comes as RBI rate cuts, GST revamp and resilient domestic demand boost confidence in India's economic outlook

The government has set a lower fiscal deficit target of 4.9 per cent in the union budget presented on July 23 compared with 5.1 per cent set in the interim budget in February

Agency revises outlook for lender's asset quality score from 'stable' to 'positive'

The bureau has also suggested the names of L V Prabhakar and Atanu Kumar Das for Canara Bank Bank of India chiefs, respectively

BBB will also decide on filling board-level vacancies in various banks, the official added