Mumbai: Credit Suisse has downgraded its India position to ‘underweight’ from ‘overweight’ due to high oil prices. Terming the downgrade as ‘tactical’, Credit Suisse said it will use the funds freed from India to raise its China and Australia position to ‘overweight’ from ‘market weight’. “Because of its strong structural prospects and robust earnings per…Continue Reading
‘Credit enhancement’ from parent company Tata Sons will be vital in arresting any jump in borrowing costs for Air India, which returned to the conglomerate’s ownership after nearly seven decades. Experts said an ownership change would likely open both local and offshore bond markets for the aviation company, which has no baggage of past debt…Continue Reading
Credit Resources becomes the company that is helping to improve people’s credit scores. This program that has been launched to give the best results. Calgary, AB – Canada | January 03, 2022 –[Press Release Wire]– Credit has become the necessity of time. People rely on credit to support themselves in financial matters and enjoy the…Continue Reading
Non-food credit growth of banks accelerated to 6.9 % in October as against 5.2 % in the same month of last year, the RBI data showed. Loans to agriculture and allied activities continued to perform well, registering an accelerated growth of 10.2 % in October 2021 as compared to 7.2 % in October 2020, according…Continue Reading