Moody's places Deutsche Bank ratings on review
Moody`s move comes days after the German bank warned that volatile financial markets in the first quarter, normally a strong season for banks, posed a challenge for the entire sector.Moody`s said a potential downgrade to Deutsche Bank`s Baa1 senior debt and A2 deposit ratings would be limited to one notch.
Mar 22, 2016, 09:18 AM IST
New RBI norm for rate calculation credit positive: Moody's
To improve transparency and ensure speedier monetary policy transmission, RBI last week said that from next April, all banks will have to follow a new uniform methodology for calculation of base rate on the basis of the marginal cost of funds.
Dec 21, 2015, 18:53 PM IST
'Vedanta to be accountable for Cairn's $3.2 billion tax demand'
The I-T Department had in March imposed a tax demand of Rs 20,495 crore on Cairn India for failing to deduct withholding tax on alleged capital gains made by its erstwhile promoter, Cairn Energy.
Jun 15, 2015, 16:12 PM IST
