However, India's public sector banks will continue to face capital shortages as their profitability remains weak given high credit costs, leaving them vulnerable to any unexpected stress, the agency said.
Henry McKinnell who has been the former chief executive of pharmaceutical company Pfizer and also visiting India frequently since the 1970s said the increase in Covid cases in Asia’s third-biggest economy means its revival
Yes Bank share price was trading at Rs 64.70 apiece on BSE, up 66.31 per cent. The private lender’s share price has risen 1,069 per cent from its 52-week low of Rs 5.55 touched in the intraday trade on March 6, 2020.
Moody's Investors Service has revised to negative from stable the outlook on the Ba3 corporate family rating and senior unsecured rating of Tata Power, days after the company said it will buy Welspun Renewable Energy at an en
In a statement Moody's said the transmission will depend on a range of factors like the effectiveness of the monetary policy framework in maintaining inflation at moderate levels could be tested this year.