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[ad_1] Islamabad: Moody’s Investors Service has downgraded the long-term deposit ratings of five Pakistani banks to Caa3 from Caa1, The Express Tribune reported. The ratings of Moody’s Investors Service suggest that the ongoing economic crisis in Pakistan is likely to have an adverse trickle-down impact on banks. The inflation readings are at a historical high…
[ad_1] Abu Dhabi: Indian curriculum schools in Dubai have shown significant improvement in their rating for the year 2022-2023, according to results released by Dubai’s Knowledge and Human Development Authority (KHDA). The KHDA inspects schools in the city and rates them as outstanding, very good, good, fair, or weak. In the academic year 2022-2023, of…
[ad_1] Chennai: With credit off-take increasing, Indian banks are expected to issue bonds to maintain their capital levels and support their advances while cost of funds — deposits and borrowings are likely to increase, said CARE Ratings. “To support credit-off take, banks are expected to shore up their liability franchise by raising capital (AT1 bonds,…