Search For "crisil rating"
Revenue of States to grow moderately at 7-9 pc in 2022-23: Report
Updated : 3 years, 9 months ago IST
New Delhi [India], August 24 (ANI): Revenue of the major States is likely to grow at a moderate pace of 7-9 per cent this financial year, after galloping 25 per cent last year, said rating agency CRISIL Ratings in a report.
Read More
Latest milk price hike to limit decline in profitability for dairy sector:
Updated : 3 years, 9 months ago IST
New Delhi [India], August 23 (ANI): The latest hike in retail milk prices will limit the fall in profitability of the organised dairy sector this financial year, rating agency CRISIL Ratings said in a report on Tuesday.
Read More
Milk price hike to improve profitability of organised dairies
Updated : 3 years, 9 months ago IST
Mumbai (Maharashtra) [India], August 23 (ANI): The recent hike in retail milk price by Rs 2 per litre will limit the slide in the profitability of the organised dairy sector to 50 basis points (bps) on-year this fiscal, despite a higher than anticipated rise in procurement prices, and transp
Read More
RBI's digital lending norms to change operating model of NBFCs
Updated : 3 years, 9 months ago IST
New Delhi [India], August 20 (ANI): The digital lending norms announced by the Reserve Bank of India (RBI) on August 10, 2022, aim to usher in orderly growth and financial stability, check malpractices, strengthen transparency, and protect customer interests. They would, however, raise opera
Read More
Apparel retailers' revenue to grow 21-23 pc this fiscal
Updated : 3 years, 9 months ago IST
New Delhi [India], August 10 (ANI): Revenue of apparel retailers is expected to grow by 21 to 23 per cent in the current financial year driven by better same-store sales and higher contribution from new stores set up in the past 2-3 fiscals, CRISIL Ratings said in a report.
Read More
Discom dues liquidation scheme 'to help realise Rs 9,000-cr receivables' f
Updated : 3 years, 11 months ago IST
New Delhi [India], June 23 (ANI): The Ministry of Power's scheme to liquidate overdues that distribution companies (discoms) owe to generation companies (gencos) can release the past receivables of the renewable energy (RE) sector of Rs 9,000 crore over the next two fiscals, CRISIL Ratings s
Read More
EMI scheme to be boon for power sector despite higher discom payout
Updated : 3 years, 11 months ago IST
New Delhi [India], June 21 (ANI): Electricity distribution companies (discoms) could potentially save a quarter of their additional payouts, and effectively pay Rs 20,000 crore to generation companies (gencos) this fiscal, in addition to their annual cost of power purchase, if they subscribe
Read More
Luggage makers set to travel past pre-pandemic revenues: Report
Updated : 3 years, 11 months ago IST
New Delhi [India], June 16 (ANI): Luggage makers are set to wheel in on-year revenue growth of 45-50 per cent this fiscal on the back of pent-up tourism demand, resumption of corporate travel, reopening of schools/colleges/offices, and limited restrictions on festivities and social events, C
Read More
Rs 18 lakh crore NBFC debt set to become dearer by 85-105 bps this fiscal
Updated : 3 years, 11 months ago IST
New Delhi [India], June 14 (ANI): Borrowing costs for non-banking financial companies (NBFC) are expected to become costlier by 85-105 basis points in the current financial year due to an increase in policy rates by the Reserve Bank of India (RBI), CRISIL Ratings said in a report released on
Read More
Hike in third-party motor insurance premium to only partially offset insur
Updated : 3 years, 12 months ago IST
Mumbai (Maharashtra) [India], June 4 (ANI): The Ministry of Road Transport and Highways' recent move to increase the premium on third-party motor insurance after two years is a step in the right direction, but unlikely to fully offset the segment's underwriting losses, CRISIL Ratings said in
Read More
Welspun India receives industry-leading scores in CRISIL's sustainability
Updated : 4 years ago IST
Mumbai (Maharashtra) [India], May 31 (ANI/BusinessWire India): Welspun India Ltd, a global leader in Home Textiles, has been rated Strong in the Sustainability Yearbook 2022, released by CRISIL, an S&P Global company and leading rating agency in India. Based on fiscal 2021 data, CRISIL a
Read More
Soaring costs to hit 25 GW of solar projects in India
Updated : 4 years ago IST
New Delhi [India], May 25 (ANI): A sharp increase in the prices of solar modules and commodities such as steel, together with rising freight costs, will affect 25 GW private solar capacity under construction in India, CRISIL Ratings said in a report on Wednesday.
Read More