Search For "icr"
Proposed IBC amendments positive but miss real estate sector reforms: ICRA
Updated : 5 months ago IST
The proposed amendments to the Insolvency and Bankruptcy Code (IBC) are encouraging. They could help improve recovery rates and reduce resolution timelines. Still, credit rating agency ICRA noted that the changes do not address long-standing structural issues in the real estate sector, which
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InvITs, REITs distributions saw sharp surge in Q2 FY26 on strong asset per
Updated : 5 months, 2 weeks ago IST
India's Infrastructure Investment Trusts (InvITs) and Real Estate Investment Trusts (REITs) reported robust growth in distributions during the second quarter of FY2026, supported by strong operating performance across asset classes such as roads, power and energy, commercial real estate, tel
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ICRA flags margin pressure for steelmakers despite 8% demand growth in FY2
Updated : 5 months, 2 weeks ago IST
Domestic steel demand is expected to remain healthy at around 8 per cent in FY2026; however, continued weakness in steel prices is likely to keep operating margins of steel producers under pressure, according to a report by rating agency ICRA.
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Indian Textile companies achieve major water-management milestone, yet was
Updated : 5 months, 3 weeks ago IST
Close to 74 per cent of India's textile companies have adopted Zero Liquid Discharge (ZLD) processes in FY2025, marking a major shift towards sustainable water practices in one of the country's most resource-intensive sectors, according to the latest ICRA ESG Ratings report.
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ICRA expects extended policy rate pause, unless economic growth moderates
Updated : 5 months, 3 weeks ago IST
An extended pause on policy rates is expected going ahead unless India's economic growth materially undershoots the projections, rating agency ICRA has asserted in a report, as the Reserve Bank of India (RBI) in an unprecedented move reduced repo rate when both GDP and inflation are congenia
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India's Office sector to enter high-growth phase with record absorption fo
Updated : 6 months ago IST
Rating agency ICRA revealed that the net absorption in the top six office markets, Bengaluru, Chennai, Delhi-NCR, Hyderabad, Mumbai Metropolitan Region (MMR) and Pune, would reach a record 69-70 million square feet (msf) in FY2026. The momentum is expected to remain strong in FY2027, with ab
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India Inc set for steady 8-10% revenue growth in Q3 FY2026: ICRA
Updated : 6 months, 1 week ago IST
Kinjal Shah, Senior Vice President & Co-Group Head - Corporate Ratings at ICRA, says rural spending continues to hold steady, while several policy steps are supporting sentiment in cities.
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Fintellix Wins IBSi Global FinTech Innovation Award 2025 for Best-in-Class
Updated : 6 months, 1 week ago IST
Bengaluru (Karnataka) [India], November 21: Fintellix, a Group ICRA Company, has won the IBSi Global FinTech Innovation Award (GFIA) 2025 for 'Best-in-Class RegTech Solution', recognising its advanced regulatory solutions that streamline compliance for banks and financial institutions worldw
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India's renewable energy share in overall power generation to spike 35% by
Updated : 6 months, 1 week ago IST
ICRA also maintained a stable outlook for India's renewable energy sector, supported by robust policy measures, competitive tariffs and rising sustainability commitments from large commercial and industrial consumers.
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ICRA highlights shifting growth drivers as industry outpaces services firs
Updated : 6 months, 2 weeks ago IST
India's growth drivers are set to shift in Q2 FY2026, with industry expected to outpace services for the first time in four quarters, even as overall GDP expansion moderates, according to credit rating agency ICRA.
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ICRA affirms "stable" outlook on Indian aviation industry, though with cha
Updated : 6 months, 2 weeks ago IST
Rating agency ICRA has affirmed "stable" outlook on Indian civil aviation industry, with expectations that will witness modest 4-6 per cent growth in domestic air passenger traffic in the current financial year 2025-26.
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ICRA raises India's 2025-26 credit growth projection on stronger demand, l
Updated : 6 months, 2 weeks ago IST
Rating agency ICRA has revised upwards its projection of credit expansion in India for 2025-26 from its previous estimate, noting that improved demand post the recent Goods and Services Tax (GST) rationalisation, and liquidity boosts via the cash reserve ratio (CRR) cuts would support offtak
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