Private credit funds in India rush to fill gap left by banks

While there is a lot of interest in this space, deals have been difficult to close as pricing doesn't adequately reflect the risk

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Moody's downgrades 10 US banks, warns of possible cuts to others

Moody's has downgraded the credit ratings of 10 US banks by one notch and has placed some of the major lenders on review for potential downgrades. Moody's has changed its outlook to negative for several major lenders, which include Capital One, Citizens Financial, and Fifth Third Bancorp, among others.

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PB Fintech’s Q1 net loss narrows 94% to ₹ 11.9 crore

Operating revenue of the company’s core online business was up 39 per cent% at ₹516 crore

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Top 15 insurance companies to adopt Ind-AS from April 2024

Interestingly, the Sstate-run insurance companies, including the behemoth LIC, have been excluded from the adoption of the new accounting rules for now

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Soon, banks may surpass ₹1-lakh cr in gold jewellery loans

Higher yields, low defaults and easy recovery via auction drive growth in LAGJ portfolio

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