Tag: provisions
Posted in Economy
RBI looks to soften blow of tighter infrastructure funding rules
The Reserve Bank of India (RBI) is contemplating a staggered implementation of the increase in provisioning for project financing to soften the blow on lenders…
Posted in Business
IndusInd Bank’s Q4 profit jumps 50% to ₹20.41 billion
Indian private lender IndusInd Bank reported a bigger-than-expected rise in fourth-quarter profit on Monday, helped by strong loan growth and drop in provisions for bad…