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Slow growth, infra spending in India to keep states' deficit high: Moody's

The government is facing growing challenges in meeting its medium-term fiscal consolidation goals amid a slowing economy, which has been driven by a combination of both cyclical and structural factors

CARE downgrades PC Jeweller deposits to 'B' on stressed liquidity

Significant erosion in m-cap since 2018 had a weakening effect on PCJ's financial flexibility and its liquidity

ICRA cuts Karvy Broking's credit rating to 'non-cooperating category'

Rating agency says the investment arm of Karvy Group didn't heed its requests for information about the company's performance.

CARE downgrades Dish TV's short term ratings on weak liquidity position

The company also has sizeable debt repayments in the near term

CRISIL downgraded long-term bank ratings for BHEL from 'AA+' to 'AA'

The rating on the short-term bank facilities has been reaffirmed at 'CRISIL A1+'.

RBI to supersede DHFL board, approach NCLT for bankruptcy proceedings

The central bank said it had appointed R Subramaniakumar, ex-MD and CEO of Indian Overseas Bank, the administrator for DHFL

Curbs on CICs could limit fundraising abilities of big corporate groups

The proposed curbs on core investment companies will make it tough for large corporate groups to funnel capital as they did in the past

Listed commercial banks report Rs 6,675-crore net profit in Sep quarter

Review covers 37 SCBs (18 public sector banks and 19 private sector banks) and the figures are as on November 14

ICRA downgrades Peninsula Land's debentures to 'C', cites debt servicing

The company, which is part of the Ashok Piramal Group, till July 2019 had Rs 2,310 crore in debts on a consolidated basis

Delay in shifting 200 affected families slows Navi Mumbai airport project

On August 31, the GVK group-led Navi Mumbai International Airport awarded the airport's engineering procurement and construction contract to Larsen & Toubro

SBICAP Ventures spots 12 stuck housing projects in first funding round

Most of the stalled projects are in eight large cities and 60 per cent of them are in the Mumbai Metropolitan Region and National Capital Region

Moody's places YES Bank's 'Ba3' rating under review for a downgrade

An inability to raise planned equity capital will negatively impact YES Bank's credit profile and ratings, Moody's added

Fresh funds likely to help housing projects move out of 'stuck' status

The completed and sold projects will start the repayment cycle, reducing bad loans.

Corporate credit growth slows as banks prefer PSUs, top-rated cos

Lenders restrict funds to companies with lower ratings

We will not see repeat of elevated slippages: YES Bank's Ravneet Singh Gill

I think we were in consolidation mode for two quarters; it is important now to get on foot, says Ravneet Singh Gill

Festive season pushes retail lending in Sept to 16.6% from 15% a year ago

Consumer durable and housing loan accelerated the most, service sector witnesses a sharp fall in the credit growth rate

Loans disbursed by NBFCs remain under stress, says CIBIL report

NBFCs have played a key role in consumer credit growth over recent years

Fitch places Bharti on rating watch negative after top court's ARG ruling

RWN resolution may take over six months as it requires clarity on exact amount and timing of payment of dues and whether govt will provide financial relief to telecom sector

Consumer credit market slowdown drags in Q2CY19; NBFCs under stress

Robust balance and originations growth in the unsecured lending categories of credit cards and personal loans continued in Q2 2019

Brickwork downgrades Coffee Day affiliate's bonds from "BBB-" to 'D'

Earlier, the rating agency had placed instrument on credit watch with negative implications.