Simply put, credit rating indicates a business’s creditworthiness. For a lender, a higher credit rating implies no default repays and for an investor, it bespeaks safer investment. Credit rate often
Tag: Financial Services
The global cryptocurrency market size was estimated at USD1.49 billion in 2020. The markets is poised to grow at a CAGR of 12.8% between 2021 and 2030. India has a
According to Global Data’s e-commerce analytics (1), e-commerce payments in India grew by 12.2% in 2020 and is estimated to register a growth of 16.8% to reach ₹4.5 trillion ($61.5bn) in
Introduction “The world’s most valuable resource is no longer oil, but data,” published ‘The Economist ’on May 6, 2017. The five corporate titans—Alphabet (Google’s parent company), Amazon, Apple, Facebook, and Microsoft
Is HDB Financial Services A Burden to HDFC Bank or Burdened by It?Is HDB Financial Services A Burden to HDFC Bank or Burdened by It?
Introduction Even though the net income for the quarter ended June 30, 2021 (Q1FY22) was almost flat at ₹ 1,655.8 crore compared to ₹ 1,609.7 crore for the quarter ended
Introduction Bad debt is a global bane for the lending sector. The pandemic stress in 2020 and 2021 has added to the woes. Money lent by a bank needs to