Monday, December 10, 2012

MOODY'S VIEW ON INDIAN BANKING.

The outlook on the Indian banking System for next 12 to 18 months  remains 
negative  due to challenging operating environment which is likely to pressure 
bank's profits.
" This environment is characterised by slow economic growth,high inflation,high
    interest rates and a weak local currency" says Vineet Gupta,Vice President and 
   Senior Analyst Moody's." We expect these factors to lead to further deterioration
   of asset quality,an increase in provisioning costs and a fall in profitability" he added.
Source:Yahoo Finance.

3 comments:

  1. Are you a YouTuber? Do you want to increase your audience then visit here for youtube marketing, youtube viewership boost and for likes.This is the world's best portal for youtube marketing and promotions.

    ReplyDelete
  2. Great news for social media enthusiast and content creators.. If you want to increase your real time followers then go through https://www.ytviews.in and get full support and guarantee

    ReplyDelete