Credit risk

Can central bank gold reserves reduce sovereign credit risk? – A study by the India Gold Policy Center of the IIMA

At a time of increasing public debt and the harmful effects of COVID-19, a study conducted by the India The Gold Policy Center (IGPC) of the Indian Institute of Management, Ahmedabad (IIMA) has revealed a silver lining for countries that have diversified their foreign exchange reserves by increasing their holdings of gold. The study reveals […]

Credit line

Centerspace improves and extends its line of credit; Repay bank loans

MINNEAPOLIS, September 30, 2021 / PRNewswire / – Centerspace (NYSE: CSR) today announced that it has modified and expanded its $ 250 million Revolving credit facility. The new installation includes an accordion function for up to $ 400 million and matures in September 2025 with two optional six-month extensions. In addition to the new line […]

Financial credit

Desert Financial Credit Union Donates Laptops To Prescott Valley Library

Presented by Beltone – A leader in audience health care. Desert Financial Credit Union continues its parade of kindness to celebrate the grand opening of its first Yavapai County branch in the Prescott Valley. On Tuesday, September 28, the Prescott Valley Desert Financial team donated 20 laptops to the Prescott Valley Library. As part of […]

Credit risk

Norfolk County remains a good credit risk

Content of the article Norfolk County is well positioned to fund expensive infrastructure upgrades at reasonable interest rates thanks to a positive credit rating outlook from Standards and Poor’s Global Ratings. = Content of the article Earlier in September, S&P Global Rating’s confirmed the county’s credit rating to “AA- / Stable”. This is the rating […]

Credit line

Ministry of Finance extends emergency credit line guarantee program until March 2022

The Ministry of Finance Wednesday widened the scope of ₹ 4.5 lakh crore Emergency Line of Credit Guarantee System (ECGLS) to support micro, small and medium-sized businesses facing liquidity challenges due to the COVID-19 pandemic. The program’s validity has been extended for six months until March 31, 2022, the ministry said in a statement. The […]

Credit risk

Your queries (mutual funds): always go for well-diversified credit risk funds and check the underlying holdings

Assuming a moderate risk profile given the short horizon of 5 to 7 years, invest with an allocation of 50% to equities and the remainder (50%) to bonds. What factors should I take into account when investing in credit risk funds?—Arvind ShekhawatCredit risk funds are a category of fixed income funds with a mandate to […]

Credit risk

Blockchain: How does it play a crucial role in assessing credit risk among borrowers?

Blockchain entered the scene with the introduction of digital currencies – like BitCoin and Ethereum. By Amit Kumar Founder of GalaxyCard Blockchain entered the scene with the introduction of digital currencies – like BitCoin and Ethereum. These currencies have played a crucial role in the growth of the FinTech industry while also driving the widespread […]

Credit risk

GGRAsia – Macau offers credit risk for casino companies: Moody’s

Macau offers credit risk for casino companies: Moody’s Sep 28, 2021 News desk Latest news, Macau, Top of the deck   Macau’s proposals presented on September 14 to change the legal framework for its casino industry are “negative credit” for companies associated with the Macau sector, according to Moody’s Investors Service Inc. The institution wrote […]