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Moody’s may downgrade India’s three top private lenders

Moody’s may downgrade India’s three top private lenders

Mumbai, April 30 Global ratings agency Moody’s Investors Service said Monday it has placed on review India’s three top private sector lenders ICICI Bank, HDFC Bank and Axis Bank for possible downgrade. The review is mainly because...
Credit offtake to pick up next year: Axis Bank

Credit offtake to pick up next year: Axis Bank

Kolkata, Dec 9 Credit growth will start picking up in 2012, Shikha Sharma, managing director and chief executive officer of Axis Bank, said Friday. “Credit growth is directly linked to what is happening in the economy. Our belief is in the long-term...