May 02, 2016 at 15:48 | Source: Moneycontrol.com
United Credit Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on May 21, 2016, to consider the audited financial results for the fourth quarter and twelve months ended March 31, 2016 and recommendation or passing over of dividend for the financial year ended March 31, 2016.
Apr 30, 2016 at 13:40 | Source: PTI
The bonds were backed by SBLC (standby letter of credit) from various lenders including State Bank of India (SBI).
Apr 30, 2016 at 12:23 | Source: CNBC-TV18
About 80 percent of the bad loan issue in road and power sectors will be resolved over a period of time and about 10-20 percent will have to be written off, says RK Bansal, Executive Director of IDBI Bank.
Apr 29, 2016 at 20:57 | Source: Reuters
Central banks in Asia's emerging markets are introducing new policy tools to get lenders to cut borrowing costs and move credit more quickly through their slowing economies.
Apr 29, 2016 at 20:08 | Source: PTI
The credit rating reflects ability of a company to repay debt. The Baa rating granted by Moody's indicates obligation on a firm are judged to be medium-grade and subject to moderate credit risk and as such may possess certain speculative characteristics.
Apr 29, 2016 at 18:48 | Source: Moneycontrol.com
Some simple steps can help you build a good credit score
Apr 29, 2016 at 18:26 | Source: PTI
Close to 12,000 cases related tocredit/debit cards and net banking were reported during April-December 2015, Parliament was informed today.
Apr 29, 2016 at 15:50 | Source: CNBC-TV18
Jyoti Ghosh, managing director at State Bank of Bikaner & Jaipur said as part of the asset quality review the bank focussed even on smaller accounts and managed to recover Rs 384 crore from about 91,000 accounts in FY16.
Apr 29, 2016 at 13:45 | Source: CNBC-TV18
The Rs 3,600 crore worth of collective contingency and related reserves will help the bank pull down its credit cost in FY17, says Nitin Kumar, Analyst from Prabhudas Liladher. But Bajrang Bafna of Sunidhi Securities says he isn't sure whether the worst is over for banks in general.