Heavy rainfall and storms in Assam lead to four deaths and affect 45 villages. Union Home Minister Amit Shah assures assistance after reviewing the situation. In South Salmara-Mankachar district, a four-year-old dies and two go missing as a boat capsizes in the Brahmaputra River. The India Meteorological Department forecasts more thunderstorms and heavy rainfall in Assam and other northeastern states till April 4.
India Ratings also expects operating costs to sustain with ongoing investments in technology, and the banking system would continue to see lower slippages (gross slippage less upgrades and recoveries of 0.5%-0.6% and credit costs (1%-1.3%) that could give them the wherewithal to withstand near-term pressures. The asset quality metrics for public sector banks and private banks are converging and profitability is at about steady state.
06.05.2023 - Lima, May 05, 2023 (GLOBE NEWSWIRE) - Credicorp Ltd. Reports First Quarter 2023 Financial and Operating Results ROE of 18.7% Driven by Resilient Core Income Cost of Risk Stable Sequentially Remaining High impacted by Social and Climatic Events . Seite 1