Localized Lockdowns News Today : Breaking News, Live Updates & Top Stories | Vimarsana

(File photo) MANILA - The seven-day average in new daily Covid-19 cases in Quezon City has decreased to 29, lowest since May 2020, with a one-week growth rate of -41 percent, the OCTA Research Group said Monday. In its latest report, the group said the figures represented the week of November 29 to December 5. "The current number is the lowest seven-day average in Quezon City since May 20 to 26, 2020. Quezon City has already achieved its target of less than 30 new cases per day, as stated in our Quezon City report on November 24," OCTA said. Quezon City's current average daily at...

Any such possible downgrades will likely raise MFIs' funding costs compounding the problem of asset-liability mismatch at a time when collection efficiencies have deteriorated amid localized lockdowns.

Micro lenders face rating downgrade risk amid second wave SECTIONS Share Synopsis Any such possible downgrades will likely raise MFIs' funding costs compounding the problem of asset-liability mismatch at a time when collection efficiencies have deteriorated amid localized lockdowns. Agencies Anticipating rating actions, microfinance industry associations have already pleaded with the regulators seeking forbearance. Microfinance companies (MFIs) may be facing rating downgrades as the share of bad loans is rising as the second wave of pandemic has derailed the loan repayment again. Rating compa...

Explore Now MUMBAI: Domestic equity market is likely to remain rangebound next week as investors are unwilling to take bullish positions at a time when the pandemic is raging and making them second-guess their rosy outlook for the economy and earnings growth. The government’s repeated insistence on not imposing a national lockdown despite the country reporting over 200,000 new cases on Friday has kept investors from panicking and thereby, limited the downside in the stock market. Yet the surge in cases and localized lockdowns across the country has fogged investors’ ability to forecast ea...