Subscribe To Print Edition About The Tribune Code Of Ethics Download App Advertise with us Classifieds

Advertisement

Moody’s gives negative outlook for global banks

New Delhi, December 6 Moody’s Investors Service on Wednesday said the outlook for global banks for 2024 is negative as central banks’ tighter monetary policies have resulted in lower GDP growth. It said Indian banks’ profitability will increase further on...

PTI

Updated At : 02:15 PM Dec 07, 2023 IST

featured-img

Advertisement

New Delhi, December 6

Moody’s Investors Service on Wednesday said the outlook for global banks for 2024 is negative as central banks’ tighter monetary policies have resulted in lower GDP growth.

It said Indian banks’ profitability will increase further on lower provisioning expenses and robust growth in higher-yielding retail segments.

Advertisement

Advertisement

Advertisement

Advertisement

Advertisement

The Tribune, now published from Chandigarh, started publication on February 2, 1881, in Lahore (now in Pakistan). It was started by Sardar Dyal Singh Majithia, a public-spirited philanthropist, and is run by a trust comprising five eminent persons as trustees.

The Tribune, the largest selling English daily in North India, publishes news and views without any bias or prejudice of any kind. Restraint and moderation, rather than agitational language and partisanship, are the hallmarks of the newspaper. It is an independent newspaper in the real sense of the term.

The Tribune has two sister publications, Punjabi Tribune (in Punjabi) and Dainik Tribune (in Hindi).

Remembering Sardar Dyal Singh Majithia

Copyright © The Tribune Trust, 2024

Designed and developed by : SORTD