Page 3 - Abhijit Lele

S&P affirms Adani International Container Terminal's issue rating at 'BBB-'

S&P said AICTPL's debt is fully secured and has cash flow waterfalls that prioritise operating expenditure and debt service over distributions

Retail trade and NBFCs drive credit growth in services: RBI data

Retail trade, NBFCs drive credit growth in services

SBI raises $1 bn under 5-year syndicated social loan for ESG funding

Priced at three-month SOFR plus 130 bps; largest such ESG loan by bank in Asia-Pacific; to also use proceeds for affordable housing, SHG lending

MFIs' net profit more than doubles in Q3 on buoyant interest income

The interest income expanded by 25% YoY to Rs 2,414 crore and sequentially, it rose 9.7% from Rs 2,201 crore in Q2FY23

LIC Housing Fin, HDB Finance reduce fundraise sizes on hardening yields

LIC Housing raises 1,150 cr against Rs 3,000 cr planned

Fitch affirms Adani Transmission restricted group's notes at 'BBB-'

ATL RG1's credit assessment is not directly affected by the allegations of malpractices at Adani group made by US-based short seller Hindenburg Research

CRISIL upgrades DB Power's rating after Adani Power calls off acquisition

CRISIL also removed the company from "on watch status" and assigned "stable" outlook

Indian banks' performance till Dec 22 exceeds expectations: Fitch Ratings

The sector's impaired-loan ratio declined to 4.5 per cent in the first 9 months of FY23 (9MFY23), from 6.0 per cent at FY22

Reserve Bank of India tightens norms for ARCs on income recognising fee

They will have to reduce unrealised management fees where the net asset value of the Security Receipts has fallen below 50 per cent of the face value

Flows into NRI deposits up 76% to $5.4 billion in April-December

Outstanding amounts stable in December compared to November

PNB to raise Rs 800 cr in AT1 bond, instrument has 'AA+' from India Ratings

The Delhi-based lender has board approvals in place to raise Rs 12,000 crore in capital in FY23 through bond issuances

S&P puts Adani Transmission's ESG rating under review on governance issues

Will closely monitor developments, including any investigations by the Indian regulators and any additional disclosures by the Adani group, S&P said in a statement

IndoStar Capital Chief Executive Deep Juggi quits after short stint

Company elevates Chief Risk Officer K Srinivasan as CEO

Moody's affirms Baa1 rating for TCS, Infosys, sees growth slowing in FY24

IT services companies expected to maintain businesses growth and market position

PSBs write off Rs 29,000 cr in Q3FY23 as part of a clean-up exercise

According to estimates by rating agency CARE Ratings, the write-offs by PSBs in April-December 2022, at Rs 81,000 crore, were lower than the Rs 90,000 crore in April-December 2021

Fusion Microfinance sees asset growth moderating as pent-up demand tapers

Expects to NIMs to improve to 11.3-11.5% from 10.3%

State Bank of India expects moderation in growth in global books

The foreign office advances were up by 21.47 per cent year on year (YoY) basis to Rs 4.86 trillion in December 2022 from Rs 4.0 trillion in December 2021

Rehaul rules to improve financing Indian green projects: Fitch unit

In a report listing steps to revise the framework, the unit of Fitch Ratings said implementing public-sector credit guarantees would help lower financing costs

Manappuram Finance plans to rope in private equity player for MFI unit

Manappuram holds about 98 per cent stake in Micro finance subsidiary

Q3 results: PSBs' net profit jumps 66% on healthy interest margins

Other income rises in Q3 against contraction in Q2