Financial Risks News - Latest Updates & Headlines
Moody's places IndusInd bank credit assessment on review for downgrade
New Delhi, March 18: Concerns over internal control discrepancies in derivative accounts and retail loan stress of IndusInd bank has prompted rating agency Moody's to place the bank's baseline credit assessment under review for downgrade.
IMF cautioned of systemic risks in India's NBFC sector due to high exposure to power and infrastructure sector
New Delhi, March 4: The International Monetary Fund (IMF) has raised concerns about potential financial instability in India due to the concentrated exposure of Non-Banking Financial Companies (NBFCs) to the power and infrastructure sector.