[

credit rating

]

Covid-19 bringing record $1 trillion of new global corporate debt in 2020: Report

The unprecedented increase will see total global corporate debt jump by 12% to around $9.3 trillion, adding to years of accumulation that has left the world’s most indebted firms owing as much as many medium-sized countries.
Companies included in the new debt index already owe almost 40% more than they did in 2014, and growth in debt has comfortably outstripped growth in profits.(Representative image)
Companies included in the new debt index already owe almost 40% more than they did in 2014, and growth in debt has comfortably outstripped growth in profits.(Representative image)
Published on Jul 13, 2020 07:27 AM IST
Copy Link
London | By Reuters | Posted by Prashasti Singh

Sebi relaxes rules for listed companies with stressed assets

Consequently, Securities and Exchange Board of India (Sebi) has eased the pricing methodology of preferential issues by such firm.
The new framework is aimed at helping stressed companies raise capital through timely financial intervention at the same time protecting the interest of shareholders.(REUTERS)
The new framework is aimed at helping stressed companies raise capital through timely financial intervention at the same time protecting the interest of shareholders.(REUTERS)
Published on Jun 23, 2020 02:00 PM IST
Copy Link
New Delhi | By Press Trust of India

Moody’s cuts India’s sovereign credit rating by one notch

India’s fiscal deficit in FY20 widened to 4.6% of GDP against the budgeted 3.8%.
To be sure, Moody’s was always a notch above other agencies assessing India’s sovereign rating and, hence, had a greater risk of downgrade.(Bloomberg file photo)
To be sure, Moody’s was always a notch above other agencies assessing India’s sovereign rating and, hence, had a greater risk of downgrade.(Bloomberg file photo)
Published on Jun 02, 2020 08:04 AM IST
Copy Link
Livemint, New Delhi | By Asit Ranjan Mishra

Invest in Bajaj Finance FD, amid falling interest rates

The benefit of investing in an FD now is that you can lock in at an attractive rate and earn returns steadily over a tenure of your choice.
Even after a slew of repo rate cuts in 2019, company FDs still promise much in terms of wealth generation.(Bajaj Finserv)
Even after a slew of repo rate cuts in 2019, company FDs still promise much in terms of wealth generation.(Bajaj Finserv)
Updated on Feb 17, 2020 01:20 PM IST
Copy Link

Make your money work efficiently with a Bajaj Finance FD

To provide ease of investment, Bajaj Finance allows you to invest online and start an FD from the comfort of your home or workplace.
With Bajaj Finance, you can earn some of the highest FD interest rates in the country(Getty Images/iStockphoto)
With Bajaj Finance, you can earn some of the highest FD interest rates in the country(Getty Images/iStockphoto)
Updated on Aug 29, 2019 03:40 PM IST
Copy Link

Deutsche Bank calls staff to cafeteria, tells them they were being laid off

JP Morgan analysts called the plan “bold and for the first time not half-baked” but questioned the credibility of execution, revenue growth and employee motivation.
A logo of a branch of Germany's Deutsche Bank is seen in Cologne, Germany, July 18, 2016. REUTERS/Wolfgang Rattay/Files(Reuters File Photo)
A logo of a branch of Germany's Deutsche Bank is seen in Cologne, Germany, July 18, 2016. REUTERS/Wolfgang Rattay/Files(Reuters File Photo)
Updated on Jul 09, 2019 01:08 PM IST
Copy Link
Frankfurt/Sydney/Hong Kong/New York | By Reuters

House panel raps rating agencies for not anticipating IL&FS situation

Earlier this week, members of the standing committee on finance met representatives from credit rating agencies and ministry officials to discuss the functioning of the agencies.
The panel wants the government to end the practice of agencies getting paid by the companies that want credit ratings, a business model that has often come under criticism.(Mint)
The panel wants the government to end the practice of agencies getting paid by the companies that want credit ratings, a business model that has often come under criticism.(Mint)
Updated on Feb 08, 2019 09:39 AM IST
Copy Link
Hindustan Times, New Delhi | By HT Correspondent

Transfer of excess reserve to govt may bring down RBI rating: Raghuram Rajan

Former RBI Governor Raghuram Rajan has cautioned that transfer of excess reserve to the government may bring down rating of the central bank. Rating downgrade of the RBI from ‘AAA’ would make borrowing costlier for the central bank and will have implication for the entire economy.
Highlighting that profit of the central bank largely comes due to devaluation of Indian currency, Raghuram Rajan said keeping a portion for the contingency reserves, RBI usually pays entire profit.(Mohd Zakir/HT PHOTO)
Highlighting that profit of the central bank largely comes due to devaluation of Indian currency, Raghuram Rajan said keeping a portion for the contingency reserves, RBI usually pays entire profit.(Mohd Zakir/HT PHOTO)
Updated on Dec 17, 2018 07:06 PM IST
Copy Link
New Delhi | By Press Trust of India

Shaktikanta Das’s 1st board meet as RBI chief to pose new worries about autonomy

Prime Minister Narendra Modi has a new ally at the Reserve Bank of India in Governor Shaktikanta Das, who may be more amenable to the government’s requests to ease lending restrictions on state-run banks and hand over more of its capital to the state.
Shaktikanta Das, the new Reserve Bank of India (RBI) Governor, attends a news conference in Mumbai, India, December 12, 2018.(REUTERS)
Shaktikanta Das, the new Reserve Bank of India (RBI) Governor, attends a news conference in Mumbai, India, December 12, 2018.(REUTERS)
Updated on Dec 14, 2018 09:15 AM IST
Copy Link
New Delhi | By Nasreen Seria and Karthikeyan Sundaram, Bloomberg

Ratings agency Moody’s to pay $16 mn over flawed credit ratings

Moody’s failed to establish and enforce proper internal controls for models used to rate mortgage backed securities between 2010 and 2013, says regulator.
A trader waits on a nearly empty trading floor at the New York Stock Exchange (NYSE) after trading was halted due to a 'technical glitch' in New York City.(AFP)
A trader waits on a nearly empty trading floor at the New York Stock Exchange (NYSE) after trading was halted due to a 'technical glitch' in New York City.(AFP)
Published on Aug 28, 2018 10:39 PM IST
Copy Link
AFP, Washington | By HT Correspondent
SHARE
Story Saved
×
Saved Articles
My Reads
Sign out
New Delhi 0C
Tuesday, October 19, 2021