The Indian automotive industry is projected to experience a normalisation of wholesale volume growth, with a moderate expansion of 3-6 per cent expected across various segments in the 2026-27 fiscal year. This follows a period of elevated growth in the latter half of 2025-26, which was prima
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
Demand for hotels in India is expected to continue to outpace the supply addition, at least over the next three years, rating agency ICRA said Monday, inferring that the demand-supply mismatch augurs well for the pricing environment and occupancies for the key hospitality space.
ICRA forecasts a significant expansion in retail mortgage-backed loans provided by non-banking financial companies (NBFCs) and housing finance companies (HFCs).
ICRA forecasts that the Gross Non-Performing Asset (GNPA) ratio will increase to 2.6-2.8 per cent by the end of March 2025, reflecting heightened stress, particularly in the microfinance segment.
According to ICRA, forecasts suggest this trend will continue, with expectations of a further surge to 55 per cent by March 2025, indicating a notable consolidation within the sector.