It is unfair and imprudent to convert EMI moratoriums into waivers The Supreme Court had recently sought an explanation from the RBI as to why the EMI moratorium should not be changed into an interest waiver. RBI rightly cited credit quality concerns. Read more [...]

India will have to avoid another downgrade to junk status On June 02, Moody’s Investor Services downgraded India’s sovereign rating from Baa2 to Baa3. In addition, outlook for Indian sovereign debt was also changed to negative from stable. Why the Read more [...]

In a market scenario where businesses are still struggling to recover from the pandemic blow, Digital business is going great guns.  There appears to be an insatiable demand for Digital India. Reliance sets the trend There appears to be endless appetite Read more [...]

In a surprising move Moody’s downgraded India’s sovereign rating to Baa3 from Baa2, citing worsening fiscal situation and major challenges to growth in the coming quarters. Baa3 is the lowest investment grade and is just one notch above Junk Read more [...]