Tag: Balance Sheet

Washington: The US Federal Reserve has kept its interest rate unchanged but announced that it would start unwinding its $4.5 trillion balance sheet from October, a further step to end the loose monetary policy. “Information received since the Federal Open Market Committee met in July indicates that the labor market has continued to strengthen and […]

Mumbai: India’s banks are staring at significant asset-quality challenges for at least the next two years despite regulatory measures, Fitch Ratings said on Thursday. Accordingly, Fitch estimates that the impact on impaired-loan ratios could be anywhere between 200bp-600bp, depending on the severity of stress and banks’ individual risk exposures. “The latest set of measures announced […]