Tag: Asset deterioration

Asset deterioration a challenge for Indian banks: Moody’s

Global credit rating agency Moody's on Monday said asset deterioration is a challenge for Indian banks over the medium-term. Moody's Investor's Service and its Indian affiliate ICRA Ltd said in a statement the prospect for Indian banks were subdued. "Asset quality will remain a negative driver of the credit profiles of most rated Indian banks and the …

Continue reading "Asset deterioration a challenge for Indian banks: Moody’s"

January 9, 2017

Asset deterioration a challenge for Indian banks: Moody’s

Global credit rating agency Moody's on Monday said asset deterioration is a challenge for Indian banks over the medium-term. Moody's Investor's Service and its Indian affiliate ICRA Ltd said in a statement the prospect for Indian banks were subdued. "Asset quality will remain a negative driver of the credit profiles of most rated Indian banks and the …

Continue reading "Asset deterioration a challenge for Indian banks: Moody’s"

January 9, 2017