NBFC liquidity normalises, fresh bond sales jump 30% in January: Report
Signalling an end to the liquidity crisis that NBFCs have been facing since last September, corporate bond issuances by them have risen by 30 percent in January, reflecting renewed confidence among both issuers as well as investors, says a report.
IL&FS-led liquidity woes, Aadhaar ban roil NBFCs, micro-lending dips by 15%
The liquidity crisis at NBFCs triggered by the bankruptcy of IL&FS and the Supreme Court verdict banning use of the Aadhaar data for financial transactions have led to a 15 per cent drop in micro-lending by financial institutions for the December 2018 qua
S&P affirms Indian Overseas Bank rating at 'BB', keeps outlook stable
International rating agency S&P Global Monday affirmed credit rating of state-run Indian Overseas Bank (IOB) at 'BB' and 'B' on expectation of government's capital infusion.
The lender's outlook has also been kept stable.
The bank breached its regulator