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When China closed its local cryptocurrency exchanges late last year, an underground ecosystem of bitcoin mules and peer-to-peer platforms sprung up to allow bitcoin trading to thrive, away from regulators watchful eyes.

Cryptocurrencies to continue facing regulatory hurdles: Moody's

Cryptocurrencies threaten payments providers who charge a commission of up to 7.2 per cent.

25 April 2018 3:28 PM IST

Moodys has downgraded Chinas long-term rating by one notch from Aa3 to A1 as the Chinese government grapples with the challenges of rising financial risks stemming from years of credit-fueled stimulus.

Moody's retains stable outlook for Power Finance Corp, Rural...

The ratings agency Moody's has confirmed the Baa3 issuer ratings of PFC and REC.

27 March 2019 7:48 PM IST

In its first board meeting after a controversy erupted involving Chanda Kochhar and the Videocon Group, leading private lender ICICI Bank examined insolvency cases pending before the National Company Law Tribunal (NCLT) under the Insolvency and Bankruptcy Code, 2016.

ICICI, Axis have gaps in their risk control mechanism, says Fitch

It can be noted that both the private sector lenders have had a tumultuous time in the past few months.

15 Jun 2018 4:49 PM IST

Inflation in onion continued to rule high at 42.22 per cent and in potato at 43.25 per cent.

India Ratings pegs down FY19 GDP forecast to 7.2 pc on inflation

The ratings agency has also revised upwards its inflation forecast despite a likely normal rainfall this year.

16 Aug 2018 5:14 PM IST