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How to Increase Credit Score without Using Credit Card?
Your credit score is a numerical representation that indicates a cardholder's creditworthiness and plays an important role in determining rejection or approval for an individual's loan and credit card application. CIBIL score, a three-digit numeric value is the most important consideration ...
Tata Motors Gets Upgraded To 'BB/Stable' By S&P Global Ratings
Rating agency S&P Global Ratings has upgraded the credit ratings of Tata Motors Limited from 'BB-/Stable' to 'BB/Stable'. The company announced the revised ratings through securities filing on Wednesday. The upgrade in ratings is on account of earnings improvements, ...
Fitch Downgrades The Russia's Credit Rating
Fitch Ratings has downgraded Russia's credit rating, citing a "severe shock" to fundamental conditions due to its invasion of Ukraine. Fitch said the war has raised risks to financial stability and could undermine Russia's ability to service its government ...
Bank Credit Deployment: Retail Races Ahead, Says CARE Ratings
The non-food credit growth accelerated to 6.8% Year-on-Year (y-o-y) in September 2021 as against a rise of 5.1% growth in September 2020, expanding with a 162 basis points (bps) y-o-y and 07 bps Month-on-Month (m-o-m) due to the easing of the ...
Moody’s Downgrades Outlook On Some Large Indian Companies
On Friday, Moody's Investors Service revised its outlook on six Indian financial institutions from "stable" to "negative." These include HDFC Bank, State Bank of India (SBI), Exim Bank, Hero FinCorp, HUDCO and IRFC (Indian Railway Finance Corporation). The rating agency ...
Finance Ministry Responds To Moody’s Negative Outlook On India
On Friday, international rating agency Moody's Investors Service, downgraded India's credit rating to "negative" from "stable" on concerns over the country's economic growth to remain lower than the past. The foreign-currency and local-currency long-term issuer ratings were unchanged at Baa2. ...
Moody’s Cuts India’s Credit Rating Outlook To Negative
Moody's Investor Service today cut India's credit rating outlook to negative, over mounting concerns over economic slowdown. The cut also came on concerns of a worry of the budget deficit increasing to 3.7 per cent. Moody's projects a budget deficit of ...
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