Go

Follow Us

S&P flags concerns over financial sector

NEW DELHI: The Indian financial sector is facing rising risk of contagion and failure of any large finance company will adversely impact economic growth, S&P Global Ratings said in a report on Wednesday.

New Delhi: The Indian financial sector is facing rising risk of contagion and failure of any large finance company will adversely impact economic growth, S&P Global Ratings said in a report on Wednesday. According to the report, a bank failure could disrupt interbank market, payments, hurt credit availability and adversely affect economic growth. PTI

Show comments

Show comments

Top News

64.4% turnout in Ph-3, stray incidents of violence in WB

Jyoti Malhotra appointed first woman Editor-in-Chief

Kejriwal fails to get immediate relief as SC defers hearing

Indian Navy flexes muscle, sends 3 ships for deployment in disputed South China Sea

India may get new Chinese envoy after LS election

Don’t Miss

View All

Kangana Ranaut claims ‘after Amitabh Bachchan, I am the one who gets respect in industry’, netizen says ‘chall jhuthi'

10-year-old Delhi boy runs food cart to support family after father’s death; businessman offers help

Sharing a video on X, Anand Mahindra extends support to the boy

Indian-origin astronaut Sunita Williams set to fly into space again on first crewed mission of Boeing's Starliner

Williams, 59, a retired US Navy captain, and Wilmore will pilot the flight

Former bureaucrat Ashok Kundra believes in giving

Gurbani rings out at UK Parliament complex for Baisakhi

The event is organised by the British Indian think-tank 1928 Institute and diaspora membership organisations City Sikhs and the British Punjabi Welfare Association

‘Like Switzerland’: Saina Nehwal on visit to Lahaul, Manali

Father elated at Arshdeep Singh’s selection in Team India

Harappan habitat found near Rakhigarhi burial site in Hisar district

View all stories in this section

Most Read In 24 Hours

1

2

3

4

5

6

7

8

9

10