Try GOLD - Free
S&P Revises Upward Ratings of 7 Banks
The New Indian Express Shivamogga
|August 17, 2025
Expecting banks and leading non-banks to maintain adequate asset quality, good profitability, and enhanced capitalization over the next 12-24 months, S&P Global Ratings, which has upgraded the sovereign rating on the country to BBB with positive outlook—first time in 18 years—has raised the long-term issuer credit ratings with stable outlook on seven banks and three finance companies, despite noting some pockets of stress.
These entities are SBI, HDFC Bank, ICICI Bank, Axis Bank, Kotak Mahindra Bank, Union Bank of India, and Indian Bank, and three non-banking finance companies -- Bajaj Finance, Tata Capital and L&T Finance.
This story is from the August 17, 2025 edition of The New Indian Express Shivamogga.
Subscribe to Magzter GOLD to access thousands of curated premium stories, and 10,000+ magazines and newspapers.
Already a subscriber? Sign In
MORE STORIES FROM The New Indian Express Shivamogga
The New Indian Express Shivamogga
India calls for quick de-escalation in West Asia
INDIA on Monday voiced deep concern over the renewed military escalation in West Asia, urging all parties to immediately de-escalate tensions, protect civilians, and pursue a diplomatic resolution as hostilities between Israel and Iran entered a dangerous new phase.
1 mins
June 09, 2026
The New Indian Express Shivamogga
The silence around menopause in India needs to break
ON May 28, as the world marks the International Day of Action for Women's Health, we need to talk about something Indian public health almost never addresses. Menopause.
3 mins
June 09, 2026
The New Indian Express Shivamogga
WHEN HOME-COOKED MEALS CAN LAND YOU IN HOSPITAL
Leftovers kept on counter for too long, improper refrigeration and lapses in food hygiene can be perfect recipe for food poisoning
4 mins
June 09, 2026
The New Indian Express Shivamogga
‘It is the best I have felt going into a WC’
THE memories of November 2, 2025 still lies fresh in Arundhati Reddy’s mind.
1 mins
June 09, 2026
The New Indian Express Shivamogga
BJP names RS nominee from MP eyeing UP Assembly polls
A day after the BJP fielded MP Fisherman Welfare Board chief Mahesh Kewat for the third seat in the biennial Rajya Sabha polls, the boatmen-fisherman caste OBC leader filed his nomination for the June 18 election.
1 mins
June 09, 2026
The New Indian Express Shivamogga
COOLING EPIC FURY DESPITE BIBI
UNDAY, the hundredth day of Operation Epic Fury—the joint military campaign launched by the US and Israel against Iran—turned out to be one of dramatic developments.
3 mins
June 09, 2026
The New Indian Express Shivamogga
‘Reheating spoiled food does not make it safe’
DISTINGUISHING between a simple stomach bug and severe food contamination is critical for timely medical intervention.
1 mins
June 09, 2026
The New Indian Express Shivamogga
India aims for tariff rates negotiated under BTA
INDIA'S exports to the US will be subject to tariff rates negotiated under the proposed Bilateral Trade Agreement (BTA) once the ongoing Section 301 investigations are completed and a trade deal is concluded, according to commerce ministry sources.
1 min
June 09, 2026
The New Indian Express Shivamogga
Cong cornered at INDIA bloc meeting
KNIVES were out at the meeting of the INDIA bloc on Saturday, where the Congress came under sharp criticism from several allies, including the SP, RJD, NCP (SP), NC, and the Left parties, over poor coordination and the party’s approach towards alliance partners.
2 mins
June 09, 2026
The New Indian Express Shivamogga
Consistent efforts to ensure development benefits reach those left behind, says PM
A day after the NDA government led by him completed 12 years in office on June 7, Prime Minister Narendra Modi highlighted its achievements, saying India had witnessed significant transformation during this period, with the welfare of the poor and marginalised remaining at the centre of government efforts.
1 mins
June 09, 2026
Listen
Translate
Change font size