Search For "fy22"
HDFC Bank reports 14 pc credit growth in Q1
Updated : 4 years, 8 months ago IST
Mumbai (Maharashtra) [India], July 5 (ANI): HDFC Bank on Monday reported 14 per cent year-on-year growth in its loan book during the first quarter of current financial year (Q1 FY22) despite second wave of coronavirus pandemic.
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Equity indices erase gains, financials drag
Updated : 4 years, 8 months ago IST
Mumbai (Maharashtra) [India], June 30 (ANI): Equity benchmark indices shaved early gains to end flat on Wednesday as the last day of Q1 FY22 came to a close amid the second wave of Covid-19 pandemic.
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Ind-Ra lowers FY22 GDP growth forecast to 9.6 pc due to Covid 2.0
Updated : 4 years, 8 months ago IST
Mumbai (Maharashtra) [India], June 26 (ANI): India Ratings and Research (Ind-Ra) has said its earlier estimate of gross domestic product (GDP) growth at 10.1 per cent for the current financial year (FY22) is unlikely to hold due to the speed and scale of Covid 2.0.
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S&P lowers India FY22 GDP growth forecast to 9.5 pc
Updated : 4 years, 8 months ago IST
Singapore, June 24 (ANI): S&P Global Ratings on Thursday revised its GDP growth forecast for India to 9.5 per cent for the fiscal year ending March 31, 2022 due to a severe Covid-19 pandemic wave.
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Auto component suppliers to see 70 pc dip in Q1 profits: ICRA
Updated : 4 years, 8 months ago IST
New Delhi [India], June 22 (ANI): Auto component suppliers are likely to witness over 70 per cent decline in operating profits during first quarter of current financial year (Q1 FY22) due to Covid 2.0 lockdown restrictions, investment information firm ICRA said on Tuesday.
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Credit growth in FY22 to be in low double-digit: Care Ratings
Updated : 4 years, 8 months ago IST
Mumbai (Maharashtra) [India], June 19 (ANI): The credit growth for FY22 is likely to remain in low double-digit on the back of muted economic activity, Care Ratings said on Saturday.
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Real GDP growth likely to be 8.7 pc in FY22: Motilal Oswal
Updated : 4 years, 8 months ago IST
Mumbai (Maharashtra) [India], June 19 (ANI): Motilal Oswal Financial Services has projected real GDP growth of 8.7 per cent in FY22, down from 11.1 per cent it had forecast earlier.
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General insurance industry to grow at 7 to 9 pc in FY22: ICRA
Updated : 4 years, 8 months ago IST
New Delhi [India], June 18 (ANI): The general insurance industry is expected to clock 7 to 9 per cent growth in gross direct premium income during FY22, investment information firm ICRA has said.
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CII projects FY22 GDP growth at 9.5 pc
Updated : 4 years, 9 months ago IST
New Delhi [India], June 17 (ANI): The Confederation of Indian Industry (CII) said on Thursday the country's gross domestic product (GDP) is expected to grow at 9.5 per cent in the current financial year (FY 2021-22).
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Indian pharma companies' sales to rise after resilience in FY21: Fitch
Updated : 4 years, 9 months ago IST
Mumbai (Maharashtra) [India], June 15 (ANI): Indian pharmaceutical companies' sales will grow robustly in the financial year ending March 2022 (FY22) as sales normalise in categories affected by the pandemic in previous year, Fitch Ratings has said.
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With phased unlocking under way, GDP growth projected at 8.5 pc in FY22: I
Updated : 4 years, 9 months ago IST
New Delhi [India], June 10 (ANI): Rating agency ICRA on Thursday projected the year-on-year (YoY) growth of GDP and gross value added (GVA) at basic prices (at constant 2011-12 prices) at 8.5 per cent and 7.3 per cent respectively in FY2022.
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India's bank privatisation plans can face hurdles amid Covid: Fitch
Updated : 4 years, 9 months ago IST
Mumbai (Maharashtra), June 7 (ANI): The Indian government's plan to privatise two state-owned banks in current financial year (FY22 ending March 2022) can face delays amid renewed challenges for banking sector, Fitch Ratings said on Monday.
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