$8.96
-0.0700 (-0.775%)
At Close: Jun 03, 2026
Fitch has downgraded a record number of sovereign ratings due to the coronavirus. It's not done yet
07:40am, Friday, 03'rd Jul 2020
Fitch Ratings has downgraded a record 33 sovereign ratings in the first half of this year — more than in any given year in the past.
Axis Bank gets board’s nod to raise up to Rs 15,000 crore
02:15am, Friday, 03'rd Jul 2020
Axis Bank's overall capital adequacy stood at 17.53% with a common equity tier I (CET I) ratio of 13.34% as at the end of FY20.
Hildene packages community bank debt into new CDO offering
06:33pm, Thursday, 02'nd Jul 2020
The class A notes, secured by legacy trust-preferreds and subordinated debt of institutions, carry an investment-grade A1 rating from Moody's. That rating is slightly lower than a prior Hildene CDO, d
AVI-SPL's US$370m loan finalized with steepest discount in four years
06:29pm, Thursday, 02'nd Jul 2020
NEW YORK, July 2 (LPC) - AVI-SPL needed two tries and the steepest discount in four years to syndicate a US$370m leveraged loan to an investor base concerned about the health of an audiovisual company
Rating agencies flag off NBFC asset quality concerns
06:24pm, Thursday, 02'nd Jul 2020
Non-performing assets (NPAs) of NBFCs could touch 7.0-9.5% by March 2021, Icra said.
US adds 4.8 million jobs as unemployment falls to 11.1%
05:18pm, Thursday, 02'nd Jul 2020
The US has added as many as 4.8 million new jobs in the month of June, bringing down the unemployment rate to 11.1 per cent, latest monthly figures said on Thursday, prompting President Donald Trump t
NBFIs to face liquidity, asset quality risks in near term: Fitch
01:46pm, Thursday, 02'nd Jul 2020
The non-banking financial institutions will continue to face elevated liquidity and asset quality risks in the near term even as the economic activity picks up with easing of lockdown restrictions, Fi
NBFIs to face liquidity, asset quality risks in near term: Fitch
01:28pm, Thursday, 02'nd Jul 2020
Fitch said cash flow implications of the moratorium, which the RBI has extended to end-August, have not been uniform across the industry, affecting liquidity profiles of some NBFIs more materially and
Ex-Irish President to Lead Review of Ethics Report on AfDB Chief - BNN Bloomberg
01:02pm, Thursday, 02'nd Jul 2020
Former Irish President Mary Robinson will head a panel to review an African Development Bank ethics committee report that found no evidence of wrongdoing by the head of the multilateral lender.
Axis Bank Board approves Rs 15,000 crore fundraising plan to shore up capital; stocks fall 3%
01:02pm, Thursday, 02'nd Jul 2020
Private sector lender Axis Bank informed the stock exchanges that its Board of Directors, in a meeting convened on July 2, has approved a plan to raise Rs 15,000 crore worth of funds through various p
3 Top Low-Risk Stocks to Buy Now | The Motley Fool
11:00am, Thursday, 02'nd Jul 2020
These stocks have remained stable through the COVID-19 volatility.
Mega-merger between Saudi Arabia’s Samba and NCB would be credit positive: Moody’s
10:27am, Thursday, 02'nd Jul 2020
Saudi Arabia’s National Commercial Bank (NCB) and Samba Financial Group entered discussion for a
Coronavirus Surge Strains Municipal Bond Market, but Investors Still Pile In | MarketScreener
09:45am, Thursday, 02'nd Jul 2020COVID19: Moody's would consider Cyprus upgrade if NPLs slashed - Financial Mirror
09:22am, Thursday, 02'nd Jul 2020
A spike in Cyprus’ public debt will come down after the coronavirus pandemic eases, but Moody’s said it would consider upgrading the island’s credit rating if the banking sector reduced its toxi
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