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RuPay Credit Card UPI Usage: No Charge for Transactions Up to Rs. 2,000, NPCI Says
RuPay credit card Unified Payments Interface (UPI) transactions under Rs. 2,000 will not be charged, as per RBI directions. According to a circular from the National Payments Corporation of India, nil Merchant Discount Rate (MDR) would apply for this category up to the transaction amount less than and equal to Rs 2,000. The NPCI's decision is aimed...
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Moody's Downgrades Ratings Of Delhi International Airport
Moody's Investors Service has downgraded Delhi International Airport Ltd's (DIAL's) corporate family rating and senior secured ratings to B1 from Ba3. It has also downgraded DIAL's baseline credit assessment to b1 from ba3.
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Renault Shares Fall After Moody's Cuts Company To 'Junk' Status
Renault's shares fell on Wednesday after credit rating agency Moody's cut its rating on the French carmaker's debts to "junk" status.
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58% Banks Report Rise In Bad Loans In July-September, Indicate Stable Credit Environment, Says Survey
For the forthcoming Union Budget, the banks demanded full tax deduction on the NPA provisioning; reduction in corporate tax rate; and accelerated investments in infrastructure sector.
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Moody's Withdraws RCom's Corporate Family Rating On 'Default'
Moody's said it has withdrawn the RCom ratings as it considers a missed scheduled payment either of interest or principal as a "default".
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PM Modi Calls For Early Establishment Of BRICS Credit Rating Agency
Prime Minister Narendra Modi today strongly pitched for setting up of a BRICS credit rating agency to counter western rating institutions and cater to the financial needs of sovereign and corporate entities of developing nations.
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RuPay Credit Card UPI Usage: No Charge for Transactions Up to Rs. 2,000, NPCI Says
RuPay credit card Unified Payments Interface (UPI) transactions under Rs. 2,000 will not be charged, as per RBI directions. According to a circular from the National Payments Corporation of India, nil Merchant Discount Rate (MDR) would apply for this category up to the transaction amount less than and equal to Rs 2,000. The NPCI's decision is aimed...
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Moody's Downgrades Ratings Of Delhi International Airport
Moody's Investors Service has downgraded Delhi International Airport Ltd's (DIAL's) corporate family rating and senior secured ratings to B1 from Ba3. It has also downgraded DIAL's baseline credit assessment to b1 from ba3.
-
Renault Shares Fall After Moody's Cuts Company To 'Junk' Status
Renault's shares fell on Wednesday after credit rating agency Moody's cut its rating on the French carmaker's debts to "junk" status.
-
58% Banks Report Rise In Bad Loans In July-September, Indicate Stable Credit Environment, Says Survey
For the forthcoming Union Budget, the banks demanded full tax deduction on the NPA provisioning; reduction in corporate tax rate; and accelerated investments in infrastructure sector.
-
Moody's Withdraws RCom's Corporate Family Rating On 'Default'
Moody's said it has withdrawn the RCom ratings as it considers a missed scheduled payment either of interest or principal as a "default".
-
PM Modi Calls For Early Establishment Of BRICS Credit Rating Agency
Prime Minister Narendra Modi today strongly pitched for setting up of a BRICS credit rating agency to counter western rating institutions and cater to the financial needs of sovereign and corporate entities of developing nations.
