NEW YORK, February 25, 2021 (GLOBE NEWSWIRE) – Guggenheim Investments, the global asset management and investment advisory business of Guggenheim Partners, today presented its outlook for premier bank and high yield lending quarter 2021. Entitled “A Ripe Environment for Strong Credit Performance,” the report explains why we expect lower default volumes, improved rating migration and […]
Month: February 2021
Reserve bank: service complaints from bank customers rise from 57 pc to over 3 lakh: RBI report
Mumbai: Consumer complaints about banking services jumped 57% to 3.08 lakh for the year through June 30, 2020, the Reserve Bank said on Monday. In its annual report on mediation programs, the central bank said more than a fifth of complaints were about services at ATMs or with debit cards, followed by mobile or electronic […]
China Bank Lending Growth Expected To Slow Further Due To Reduced Stimulus And Credit Restrictions
Chinese banks are expected to see credit growth continue to slow in 2021, as the government steps up measures to curb mortgages and consumer lending and may at some point start to slow COVID-19 stimulus measures, analysts say. Total outstanding loans in yuan with Chinese financial institutions reached a new record of 172.7 trillion yuan […]