Credit India Latest Information

Credit India Latest Information

Corruption, policy uncertainties pose credit risk in India: S&P
As per S&P, the country-specific risks have increased in India in the past two years, making it harder for the companies to manage their cash flows

Corruption, policy qualms pose credit risk in India: S&P
The perceived notion about growing corruption and the policy uncertainties have increased the country-specific credit quality risks for the companies in India, global rating agency S&P has warned.

Kotak Buys Barclays' India Stressed Credit Card Business - Report
Kotak Mahindra Bank Ltd. (500247.BY) has bought the non-performing portfolio of Barclays Bank's credit card business in India, the Business Standard Newspaper reported Wednesday, citing unnamed sources.

Telenor Seeks Norway’s Help After Cancellation of India Permits
Telenor ASA has enlisted the help of the Norwegian government to protect its investment in India following the cancellation of 122 mobile-phone licenses by the nation’s top court.

Bonds Beating Gold for Funds on Slower Inflation: India Credit
Investors in India are shunning gold while adding to holdings of government bonds, betting that policy makers will cut borrowing costs as inflation slows to the least in two years.

Analysis: No check-in queue as global airlines wary of India
NEW DELHI (Reuters) - Just because foreign airlines may soon be allowed to invest in India's battered carriers doesn't mean they will. New Delhi's expected move to allow global airlines to own up to 49 percent in Indian carriers has been welcomed by investors as a potential lifeline for an industry mired in $20 billion of debt and on course to rack up $3 billion in annual losses. But aviation ...

India Prepared for Rate Cut on Visible Easing Inflation: Economy
Reserve Bank of India Deputy Governor Subir Gokarn said the monetary authority will cut interest rates once it’s confident inflation will keep slowing.

CRISIL puts India's Sistema Shyam rating on 'watch'
Feb 3 (Reuters) - Indian credit ratings agency CRISILput its rating on Sistema Shyam Teleservices on 'watch' afterIndia's top court ordered the quashing of 122 2G licenses issuedafter January 2008. CRISIL ...

SMEs and credit guarantee
The Credit Guarantee Fund Trust for Micro and Small Enterprises (CGTMSE), founded in 2000, has made some progress in its 12 years of existence.

Oil Firms Stop Jet Fuel Supplies to Air India Over Dues
Bangalore: State-owned oil companies today snapped supplies of jet fuel (ATF) to Air India after the national carrier failed to honour payments even after 90-day credit period.

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