Page 94 - Abhijit Lele

About 3,400 rated firms eligible for recast under fresh rules: CRISIL

Actual number of units going for recast could be much lower as the impact of pandemic might be contained over next 2-3 months, says rating agency

Corporate India jittery about Q1 amid a relentless second Covid-19 wave

Restrictions have hurt discretionary, out-of-home categories the most

RBI announces loan relief, Rs 50,000 cr liquidity to tide over Covid

Central bank's 'immediate objective is to preserve human life and restore livelihoods', says Shaktikanta Das.

RBI's Covid relief: SFB loans to MFIs get priority sector status

Special liquidity for SFBs to help low-income groups, say experts

Second Covid-19 wave may derail India's strong economic recovery: S&P

Lockdowns could thwart robust rebound

Covid-19 second wave: Clamour for packages for banks and NBFCs grows

Senior bankers say the situation had become serious and it was tough to gauge the economic impact

Microfinance collections may dip 8-10% sequentially in April: Icra

Healthy liquidity buffers maintained by most entities provide some comfort

CARE Debt index improves by 33 bps in April on better asset quality

Improvement was backed by enhancements in higher rated debt paper. As it is contemporary with minimum time lags, the health of debt and credit markets is encapsulated on a near-real-time basis

IDBI Bank Q4 net profit jumps 278% to Rs 512 crore; NII rises 38%

The net NPAs improved to 1.97% as on March 2021 from 4.19% in March 2020. NNPA stood at 2.75% (on proforma basis) in Dec 2020.

FinMin asks state-run banks, insurers to postpone staff promotions

The advisory issued by the DFS states that the promotion process has coincided with a spike in Covid-19 cases across the country along with localised lockdowns

YES Bank's capital requirement for current fiscal pegged at Rs 7,500 cr

The bank's MD and CEO Prashant Kumar said the bank would not like its Common Equity Tier I (CET1) ratio to fall below 11 per cent

State Bank of India slashes home loan interest rates by 25 bps to 6.7%

By February 2021, SBI's home loan portfolio reached Rs 5 trillion-mark

YES Bank posts net loss of Rs 3,788 crore in Q4 as provisions rise

The bank's net interest income declined 61.5% to Rs 987 cr in Q4

Bank credit growth declines to 5% in FY21 as Covid-19 takes a toll

Farm sector stands out with uptick in credit offtake

Project Future-Ready: HDFC Bank rehauls organisation set-up, top-deck roles

The bank is reorganising itself into three clear areas of business verticals, delivery channels and technology/digital to further build its execution muscle

L&T Finance Holdings says Q4 net profit down 30% on one-time expenses

Quarter continued to see economic recovery across sectors led by rural and infrastructure space, company says.

S&P downgrades Future Retail's issuer credit rating on debt recast

The rating agency might look at an upgrade after liquidity review

Most Indian companies protected against weakening rupee: Moody's report

Firms' costs in dollar terms might rise as India battles second wave of Covid-19, says agency.

PNB HF eyes single digit growth in AUM, 15-16% in disbursement in FY22

The Delhi-based mortgage lender's AUM shrank from Rs 83,346 crore as on March 31, 2020 to Rs 74,470 crore as on March 31, 2021

Second Covid-19 wave heightens downside risks to India's GDP, says S&P

The country is already facing a permanent loss of output versus its pre-pandemic path, suggesting a long-term production deficit equivalent to about 10% of GDP