ICICI Securities on Thursday noted that the absence of a ‘promoter’ tag for SMBC could limit its otherwise strong embedded value. YES Bank saw a pause in its profit trajectory in Q2 after reporting ...
MUMBAI, Oct 18 (Reuters) - Indian private lender ICICI Bank (ICBK.NS), opens new tab reported a higher-than-expected profit for the second quarter on Saturday, as lower provisions against bad loans ...
Global credit markets are on edge as fresh loan blowups fuel credit risk concerns and stir memories of the 2023 US regional banking crisis. US high-yield and leveraged-loan funds each had $1.3 billion ...
Jim Cramer said bad bank loans will pressure Jerome Powell to cut interest rates faster. Major indexes fell, with bank stocks leading losses after loan defaults and fraud claims. Zions Bancorporation ...
After months of roaring share prices, stock investors were rattled this week by reports of souring debts on bank balance sheets. By Joe Rennison Through the summer, stocks were riding a resilient ...
Colin is an Associate Editor focused on tech and financial news. He has more than three years of experience editing, proofreading, and fact-checking content on current financial events and politics.
US stocks closed lower Thursday as jitters spread on Wall Street about credit market turmoil and regional banks’ exposures to bad loans. The Dow fell 301 points, or 0.65%. The broader S&P 500 dropped ...
(Reuters) -Bank of America's syndicated loans to First Brands are secured by strong collateral, while Morgan Stanley has no exposure to the bankrupt U.S. auto parts supplier, the banks' top executives ...
Lenders Cooperative announced that South Shore Bank has selected its software to strengthen and scale the bank’s small business lending operations. “At South Shore Bank, we’re focused on delivering ...
Hang Seng Bank Ltd. is seeking to sell a property-backed loan portfolio worth at least $1 billion, according to people familiar with the matter, as it looks to unload bad debt that’s piled up during ...
Here’s how the central bank’s interest rate stance influences car loans, credit cards, mortgages, savings and student loans. By Tara Siegel Bernard The Federal Reserve lowered its key interest rate by ...
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XTGlobal Infotech Secures ₹250 Million Loan from ICICI Bank for Infrastructure Development
Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. XTGlobal Infotech Ltd. ( (IN:XTGLOBAL)) ...
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