Moody’s flags higher risks for Indian banks from Middle East crisis as oil prices stay elevated

Amid the ongoing stalemate over US-Iran deal, credit rating agency Moody’s Ratings on Wednesday said Indian banks are among the more exposed lenders in the Asia-Pacific region to risks arising from the ongoing Middle East crisis because of India’s heavy dependence on energy imports from the region, PTI reported.The ratings agency said sustained high oil…

Read More

17 properties with links to Abhishek under KMC lens

KOLKATA: ‘Shantiniketan’, at Harish Mukherjee Road where a notice was pasted Monday for alleged unauthorised construction, is among the 17 properties “owned or co-owned by Abhishek Banerjee, his company and family” that are under the scrutiny of Kolkata Municipal Corporation, an official of KMC said. Officials said notices under section 400(1) of the KMC Act,…

Read More