Page 101 - Abhijit Lele

GMR Airports to raise Rs 3,000 crore through non-convertible debentures

Half of this amount (Rs 1,500 crore) will be raised through one-year debentures and the balance through NCDs having 36-month maturity

Retail loans may rise as banks go slow on big-ticket corporate debt

But increase may be lower than what it was earlier

S&P downgrades Sri Lanka's rating on rising external financing risks

With the implementation of expansionary budget measures in Sri Lanka, the country's fiscal position is expected to deteriorate materially over the next few years

NBFCs may lose 1% market share to private banks by FY22: CRISIL report

The growth, though, will be muted at 5-6 per cent due to asset quality concerns, funding issues and competition from banks.

Fitch upgrades IREDA's long-term IDRs to 'BBB-'; outlook negative

The outlook is negative and the outlook on IREDA's long-term IDRs mirrors that on the 'BBB-' sovereign rating

Experts urge caution on low interest rates, warn of liquidity crisis

Ultra-low rates run the risk of enticing firms to borrow too much, they say

ATM moment of banking services is here as lenders make apps open for all

What do banks gain by opening their apps for all? The answer - rival bank's customers under their fold.

Coronavirus pandemic to keep repayment risks elevated for securtised loans

Weak economic conditions will continue to hurt borrowers' ability to repay loans, keeping performance risks for asset-backed securities (ABS) elevated

Indian banks risk Rs 12-trn hit till 2024 from Covid-19: McKinsey

It is a test that the industry has withstood so far, whilst demonstrating resilience and purpose, McKinsey said in its annual review of global banking

India Ratings takes 3 finance firms off rating watch negative list

MMFSL maintained sufficient liquidity buffers to make timely debt repayments, even when collections declined

Working capital cycles returning, especially in manufacturing: Axis Bank MD

On retail loan growth, the season went better than expected, CEO Chaudhry said

HDFC Bank's frequent digital outages credit negative, says Moody's

The recurring outages also risk hurting the bank's brand perception among a growing and increasingly digital-savvy customer base, and increase the chances of clients switching to other banks

Barclays India scales down exposure to banks to Rs 3,090 cr in FY21

The bank's loan book reduced 33 per cent year-on-year in 2019-20 (FY20), largely led by higher repayments in the shorter tenure of the book.

JM Financial Services to use AIFs to grow distressed asset business

AIFs are Sebi-registered entities to make investment on behalf of sophisticated investors.

Non-essential spending by households to shrink further in 2021: RBI survey

More families expect general price rise in next one year

RBI to adopt scale-based regulatory framework for NBFCs, set audit norms

Banking regulator to also prescribe dividend distribution norms

Fitch affirms Issuer Default Rating on four PSBs including SBI

Upgrades viability rating for IDBI Bank by a notch due mainly to improved core capitalisation and the high loan-loss coverage

Moody's downgrades Vedanta Resources' CFR to B2 citing weak liquidity

Revised ratings on firm's senior unsecured bonds from "B3" to "Caa1". All ratings remain under review for further downgrade

Credit risks rising for infrastructure projects in India, says S&P

Growing debt; weakening counter parties driving risks

Early implementation of RBI panel proposals will give us time to list: SFBs

The steps mooted by the RBI's internal working group headed by P K Mohanty may not impact regulations concerning SFBs in the short term