Search For "credit rating agency"
Cement prices rebound to pre-demonetisation levels: ICRA
Updated : 8 years, 10 months ago IST
New Delhi [India], Apr 28 (ANI): Credit rating agency ICRA has recovered to pre-demonetisation levels of prices of key commodity such as cement in April 2017.
Read More
RBI's tightening of prompt corrective action framework positive for b
Updated : 8 years, 10 months ago IST
New Delhi [India], Apr 19 (ANI): According to credit rating agency ICRA, the Reserve Bank of India's (RBI)'s revision in the prompt corrective action (PCA) framework for the banks is a positive and a welcome step, given the operating and financial profile of some of the banks.
Read More
Raw sugar imports unlikely to affect sugar prices negatively in the near t
Updated : 8 years, 10 months ago IST
New Delhi [India], Apr 12 (ANI): Credit rating agency ICRA on Wednesday said that the recent duty free raw sugar imports of 0.5 million MT till June 12, 2017 imposed by Central Government is unlikely to have any significant negative impact on the prices or profitability of sugar mills in the
Read More
Increase in IPP cap on production beyond reassessed capacity is a credit p
Updated : 8 years, 10 months ago IST
New Delhi [India], Apr 4 (ANI): Credit rating agency ICRA on Tuesday said that the Cabinet Committee on Economic Affairs (CCEA) has approved certain amendments related to increasing the IPP-linked cap on urea production beyond re-assessed capacity (RAC) in the New Urea Policy-2015 (NUP-2015)
Read More
Credit quality pressures ease; a meaningful improvement to take longer, sa
Updated : 8 years, 10 months ago IST
New Delhi [India], Apr 3 (ANI): Credit rating agency ICRA on Monday said that the credit quality of India Inc. continues to remain weak, although the trend in rating actions taken by ICRA in the past one year suggests that further credit quality pressures have eased.
Read More
Solar capacity addition estimated at 7~7.5 GW in FY2018, says ICRA
Updated : 8 years, 10 months ago IST
New Delhi [India], Apr 1 (ANI): Credit rating agency ICRA estimates the solar capacity addition to increase from 3.5-4 GW in FY2017 to at least 7-7.5 GW (in grid connected utility segment) in FY2018.
Read More
Rising costs weigh on profitability of cement companies in coming quarters
Updated : 8 years, 10 months ago IST
New Delhi [India], Mar 30 (ANI): Credit rating agency ICRA expects cement demand growth, which has been significantly impacted post demonetisation, to recover to around four to five percent during FY2018, driven by a pick-up in the infrastructure segment, mostly road and irrigation projects
Read More
Affordable housing segment to remain key growth driver in Indian Mortgage
Updated : 8 years, 10 months ago IST
New Delhi [India], Mar 22 (ANI): Credit rating agency ICRA on Wednesday estimated that total housing credit outstanding in India slowed down to 16 percent for the 12 months ending December 31, 2016 vis-a-vis 19 percent in FY2016 with the overall housing credit being Rs. 1 3.7 trillion as on
Read More
Revival of irrigation sector is beneficial for construction companies, say
Updated : 8 years, 10 months ago IST
New Delhi [India], Mar. 20 (ANI): According to credit-rating agency ICRA, the Government has helped construction companies improve their order book positions by investing in urban infrastructure segments.
Read More
Apparel and fabric industry in knots over sluggish exports, demonetisation
Updated : 8 years, 10 months ago IST
New Delhi [India], Mar 17 (ANI): Credit rating agency ICRA on Friday noted that the global apparel trade remains under pressure, having contracted for the second consecutive year in CY2016, owing to subdued demand conditions in the key importing countries.
Read More
Disruptive changes to alter oil and gas industry to slowdown, says ICRA
Updated : 8 years, 10 months ago IST
New Delhi [India], Mar 14 (ANI): Credit rating agency ICRA in its report on Tuesday said that the crude oil era is set for a structural slowdown leading to significant implications for different stakeholders in the Oil and Gas industry according to recent study by ICRA.
Read More
Indian two wheeler industry limping back to normalcy post demonetization,
Updated : 8 years, 10 months ago IST
New Delhi [India], Mar 10 (ANI): Credit rating agency ICRA on Friday noted that post demonetisation, the liquidity crisis has resulted in volume compression of 11.3 percent during Nov'16-Jan'17 over the corresponding previous.
Read More