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Wednesday, September 3, 2025
TopicCredit crisis

Topic: credit crisis

Moody’s projects 11.5% contraction of Indian economy this fiscal, cites low credit growth

The investor service said India's credit profile is increasingly constrained by low growth and high debt burden, which have been exacerbated by the pandemic.

India’s credit crisis fuels woes at weaker firms amid Covid crunch

The importance of liquidity was dramatically illustrated to local bond investors when Franklin India abruptly shut 6 funds in the biggest-ever forced closure in the nation.

Prolonged slide in credit ratings of Indian companies is beginning to end

The downswing in credit ratings, triggered by liquidity stress in NBFC sector, had worsened as companies struggled to raise funds & sell assets to pare debt.

Credit health of Indian companies sinks to 8-year low on weak growth

Credit scores of 188 Indian borrowers were lowered in 9 months through December, compared with 103 upgrades, according to India Ratings & Research.

Finally, some good news: NBFCs show signs of recovery, indicating credit crisis could ease

Two of four indicators compiled by Bloomberg that reflect the state of non-bank financial companies strengthened last month from October.

HDFC Bank sees signs of economy reviving in rural and semi-urban areas

Loan outreach programmes in rural areas have given the sense that consumption in rural & semi-urban areas is turning more positive, HDFC Bank says.

Debt-laden Vodafone, Indiabulls & Glenmark likely to be taken out of MSCI index

The global index provider could remove sinking companies, brokers say, but is likely to add ICICI Prudential Life Insurance and Siemens this week.

Yes Bank slump, lowest in a decade, sparks selloff

Yes Bank is among lenders worst affected by the shadow banking crisis, which has seen small- and mid-sized lenders being hit the hardest.

Altico Capital is latest NBFC to default on debt repayment & add to India’s credit crisis

Altico Capital, which focuses on lending to the real estate sector, didn’t pay Rs 199.7 lakh crore of interest on borrowings from a UAE bank.

Unsecured loans are not the answer to the credit crisis at India’s big banks

Unsecured loans can only offer banks a temporary shelter during a downturn in collateralised credit. That protection doesn’t last long.

On Camera

Trump’s 4,500 troops can topple Nicolás Maduro—not fix Venezuela

The US troops could dislodge the government in Caracas, but it won’t be enough to police a country ringed by drug cartels and insurgents.

A Rs 33,000 cr ‘banking fraud’: ED’s case against Arvind Dham, Amtek’s web of ‘500 shell companies’

ED has accused Amtek promoter Arvind Dham of controlling web of nearly 500 shell companies operating as a layered structure, with up to 15 levels of indirect ownership, to divert funds.

‘Real-time, all-climate’ explosives detector could enhance airport & border security—no dogs, no swabs

Bengaluru-based CeNS designs accurate, portable, and cheap sensor using surface-enhanced Raman spectroscopy. It could significantly reduce risks at vulnerable choke points. 

For Indian Mercedes, Asim Munir’s dumper truck in mirror is closer than it appears

From Munir’s point of view, a few bumps here and there is par for the course. He isn’t going to drive his dumper truck to its doom. He wants to use it as a weapon.