NEW DELHI: India’s second coronavirus wave will affect its infrastructure sectors to varying degrees with power companies and ports better able to weather the impact of pandemic-induced disruptions compared with… Read more »
MUMBAI: Global rating agency Moody’s on Wednesday downgraded Indiabulls Housing Finance (IBH) long- term corporate family rating to Ba2 from Ba1, while changing its outlook to negative from stable. The… Read more »
MUMBAI (INDIA): The Reserve Bank of India’s recent move to reduce risk weights and standard asset provisioning on individual housing loans are credit negative for the banking sector, says a… Read more »
BEIJING: Moody’s Investors Service warned on Wednesday that the financial risks facing China from a potential property downturn have grown as record lending has made banks more risk-prone while the… Read more »
By: K J M Varma BEIJING: China’s overheated property market is likely to show a slower pace of sales growth this year due to tightened regulations, a top credit ratings… Read more »
NEW DELHI (INDIA): Moody’s Investors Service said the overall asset profile of property retail loan portfolio of banks is stable although risks are rising in the non-traditional loan against property… Read more »