Banking & Finance

S&P Global Ratings has affirmed its 'BBB-' long-term issuer credit ratings on Indian Railway Finance Corp (IRFC). The outlook on the rating is stable. It has also affirmed 'BBB-' long-term issue rating on the company's senior unsecured notes.

Rana Kapoor, managing director and chief executive officer of YES BANK, said he will remain “fully committed to the interests of the Bank and all its stakeholders” and keep the bank shares as "diamonds".

NICE (Nasdaq: NICE) has implemented NICE Robotic Process Automation (RPA) solution for SBI Card to support its growth journey by streamlining operations and enhancing customer experience.

Continued improvement has been noticed in banking in terms of highest ever recovery in the last Quarter, pick-up in credit growth to 13.5%, growth in MSME lending to 10.5%, the highest Provision Coverage Ratio in over five years, and higher...

Tata Steel Ltd will improve the share of long products in its business following acquisition of Usha Martin Ltd. It is bidding for Usha Martin.

It’s not exactly raining investments in the Indian real estate sector right now, but the increasing number of large-size investments give a ray of hope, writes Anuj Puri, Chairman – ANAROCK Property Consultants.

ASDA, the United Kingdom’s third-largest grocery retailer, has awarded a three-year application services contract to HCL Technologies to help drive IT its transformation.

The regulation on data protection and privacy should adopt a risk-based approach and provide certain relaxations and exceptions for micro, small and medium enterprises (MSMEs) under specific circumstances, suggested a recent ASSOCHAM-PwC joint study.

Fitch Ratings has revised upward India's economic growth forecast for the current fiscal year to 7.8%, from 7.4% projected earlier but with a cautious note on rising oil prices, weak banks and tightening financial conditions.

The Initial Public Offering (IPO) of CPSE IRCON International has been subscribed 9.5 times for the 10.5% stake the government is selling and raise Rs.466 crore.