Banking & Finance

Overall housing credit growth likely to be at 12-14% in FY2020 (last three years’ CAGR of 17%); the long-term growth outlook remains good given the low mortgage penetration levels but will depend on improvement in operating environment, said ICRA Ltd.

The year 2020 will be the testing ground for the legal and regulatory changes implemented by the Government in 2019, according to Nishith Desai Associates.

Snapped up like hot cakes by investors in previous years, luxury housing sales are still in the doldrums and hinging largely on end-user sales.

WNS (Holdings) Limited has launched its blockchain-enabled risk syndication solution, WNS VeriChain for the insurance and re-insurance industry.

The latest round of FICCI's Economic Outlook Survey puts forth the annual median GDP growth forecast for 2019-20 at 5.0%.

London, with its deep capital markets, its expertise in green finance and its own experience of low carbon transition, is a partner of choice for investments in India’s low-carbon economy.

To maintain the massive road network of India in efficient, environment friendly and safe manner at economical costs, there is a strong need for enhancement of knowledge, skill and expertise of the engineers, said Road Transport and Highway Minister Nitin...

ICRA-rated securitised pools which continue to have adequate credit enhancement, their performance till December 2019 has been good with cumulative collection efficiencies of around 95% on average.

The Government has directed Banks on 27 Jan 2020 to set up a committee of senior officers to monitor progress of pending disciplinary and internal vigilance cases.

Boston and Bengaluru technology giants have announced collaboration on four jointly-developed transformative insurance solutions for achieving Contextual and Value-Centric Customer Engagement in Insurance through connected ecosystems.