Search For "brickwork ratings"
India's Residential Property Market Reached an All-Time High in FY23: Bric
Updated : 1 year, 7 months ago IST
Bangalore (Karnataka) [India], July 30: According to the analyst at Brickwork Ratings, India's residential property market reached an all-time high in FY23, with home sales reaching Rs. 3.47 lakh crore ($42 billion), a 48% year-on-year increase and a 36% volume increase. The Indian real esta
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Removal of Indexation Benefits Announced in the Union Budget 2024 Could Si
Updated : 1 year, 7 months ago IST
Bangalore (Karnataka) [India], July 30: According to analyst at Brickwork Ratings, removal of indexation benefits announced in the Union Budget 2024 could significantly impact the Indian real estate sector, potentially increasing tax burdens and causing market slowdowns. The long-term outcom
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Brickwork Ratings (BWR) approved by RBI for Bank Risk-Weighting Claims
Updated : 1 year, 8 months ago IST
Bengaluru (Karnataka) [India], July 16: The Reserve Bank of India (RBI) has permitted banks to use the ratings of Brickwork Ratings India Private Limited (BWR) for risk-weighting their claims for capital adequacy purposes, according to a statement released by the RBI on July 10, 2024.
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Brickwork Ratings diversifies its Board with Santosh B Nayar as Chairman
Updated : 1 year, 10 months ago IST
Bengaluru (Karnataka) [India], April 23: Brickwork Ratings (BWR) has diversified and broadened its Board with additional Independent Directors having expertise in banking, ratings, law, information technology and corporate business. The Board's Independent Directors include Santosh B Nayar,
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Brickwork Ratings Gets SEBI Nod to Resume Business Without Restrictions
Updated : 1 year, 11 months ago IST
Bengaluru (Karnataka) [India], April 1: Brickwork Ratings (BWR) is glad to announce the resumption of business and client onboarding following the order of the Securities and Exchange Board of India (SEBI) order dated March 26, 2024. The SEBI order from September 2023 had previously restrict
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Alok Kedia Joins Brickwork Ratings as Managing Director & CEO
Updated : 2 years ago IST
Bangalore (Karnataka) [India], February 28: Brickwork Ratings (BWR) is pleased to announce the appointment of Alok Kedia as its new Managing Director & CEO, effective Monday, February 26, 2024. Alok brings with him almost three decades of extensive experience in senior management roles a
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The Securities Appellate Tribunal Quashes SEBI's Order to Cancel the Licen
Updated : 2 years, 9 months ago IST
Bengaluru (Karnataka) [India], June 8: The Securities Appellate Tribunal ("SAT") has, on 6 June 2023, quashed SEBI's decision of cancelling Brickwork Ratings's registration as a credit rating agency.
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Sebi orders Brickwork Ratings to shut down in 6 months
Updated : 3 years, 5 months ago IST
Mumbai [India], October 7 (ANI): Market regulator Sebi has issued an order to Brickwork Ratings to wind up its operation within six months because the watchdog said there were major lapses in the rating agency's duties during its inspections.
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Brickwork upgrades ratings for Tata Steel's Rs 4,000 crore NCDs
Updated : 4 years, 6 months ago IST
Mumbai (Maharashtra) [India], Aug 24 (ANI): Brickwork Ratings has upgraded the rating of unsecured non-convertible debenture (NCD) issues aggregating Rs 4,000 crore of Tata Steel Ltd (TSL) from AA stable to AA-plus stable.
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RBI's move on 90 per cent LTV on gold loans to heighten credit risk for ba
Updated : 5 years, 7 months ago IST
Mumbai (Maharashtra) [India], August 7 (ANI): Brickwork Ratings has said that an increase in loan to value (LTV) ratio to 90 per cent for borrowers increases the credit risk for banks as the collateral available in the form of gold ornaments or jewellery may not be sufficient to fully cover
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Yes Bank sees rating downgrade on multiple bonds
Updated : 6 years, 2 months ago IST
Mumbai (Maharashtra) [India], Dec 26 (ANI): Brickwork Ratings has downgraded the rating of Yes Bank's various long-term bond issues worth Rs 1,330 crore as India's fourth largest private sector lender grapples with the overhang of stressed assets.
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Essel Group to further divest its stake in ZEEL
Updated : 6 years, 3 months ago IST
Mumbai (Maharashtra) [India], Nov 21 (ANI): The Essel Group has finally announced plans to sell 16.5 per cent stake in Zee Entertainment Enterprises Ltd (ZEEL) to financial investors.
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