A report from Standard & Poor’s (S&P) warned that the declining asset quality of banks in India would affect their performance adversely. Recently, the global credit rating agency released the report titled “Slack Economic Growth Dents Recovery Prospects for Indian Bank. In the next 18-24 months, the Indian banking sector may not recover because of sluggish economic activity and
Tag: credit rating
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S&P expects banks’ performance to be under stress
A report from Standard & Poor’s (S&P) warned that the declining asset quality of banks in India would affect their performance adversely. Recently, the global credit rating agency released the report titled “Slack Economic Growth Dents Recovery Prospects for Indian Bank. In the next 18-24 months, the Indian banking sector may not recover because of sluggish economic activity and
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Roads: Refocus on 20 km/day
This is the penultimate budget of the government before elections. The last budget usually is not one where big ticket reforms can be kicked in. Political comÂpulsions make those budgets populist
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Infrascape 2012 | Finance: IDFs won't attract global investments
The challenges this year have had little to do with the availaÂbility of finance, but with the poor bankability of infrasÂtructure projects. The inability of the goÂveÂrnment to honour agreements (tariff increases, coal linkages, enÂviroÂnment clearanÂces,