Mumbai (Maharashtra) [India], February 27: Avanse Financial Services (Avanse), a leading education-focused non-banking financial company (NBFC) in India, today announced that India Ratings & Research (Ind-Ra) assigned 'IND AA/Stable' for Bank Loans & Non-Convertible Debentures & 'IND A1+' fo
Ind-Ra sees potential for FY27 growth to outstrip predictions, particularly with a swift Indo-US trade deal and a favorable Indian Ocean Dipole mitigating El Nino impacts. Conversely, a weaker-than-expected revival in demand could temper growth. Upcoming changes to the base year for GDP a
Demand for commercial vehicles in India is expected to remain in a gradual recovery phase through the second half of 2025-26, with growth being led by LCVs (light commercial vehicles), according to a report by India Ratings and Research (Ind-Ra).
Chennai (Tamil Nadu) [India], October 1: Star Health and Allied Insurance Company Limited (Star Health), India's leading standalone health insurer, announced that India Ratings and Research (Ind-Ra) has affirmed the Company's rating at at 'IND AA+' with a Stable outlook, while also reaffirmi
India Ratings and Research (Ind-Ra) has slashed India's GDP projections for 2025-26 to 6.3 per cent, a 30 basis points lower than its earlier forecast of 6.6 per cent in December 2024.
India Ratings and Research (Ind-Ra) expects the country's current account balance (CAB) to have registered a surplus of around USD7 billion (0.7 per cent of GDP) in the fourth quarter of recently concluded financial year 2024-25, higher than USD 4.6 billion (0.5 per cent of GDP) in the corre
India Ratings and Research (Ind-Ra) has published the October 2024 edition of its Credit Market Tracker. The report comments on the systemic and market liquidity with insights on interest rate transmission, short-term yields, and aggregate mutual fund sectoral debt exposure.
The persistent pressure of elevated food prices continues to drive inflation, suggesting that any potential reduction in interest rates will hinge on evidence of stable inflation trends nearing the RBI's target of 4 percent. As such, market participants may need to brace for a prolonged peri
Chennai (Tamil Nadu) [India], October 7: Star Health and Allied Insurance Company Limited (Star Health Insurance), India's leading health insurance provider, has achieved a significant milestone with a credit rating upgrade from India Ratings and Research (Ind-Ra). The company's Long-Term Is
This drop was anticipated following HDFC Ltd's exit from the direct assignment (DA) market in July 2023. However, the quarter-on-quarter (Q-o-Q) change was minimal, with only a 3 per cent decrease, indicating potential growth in the securitisation market for the remainder of the fiscal year.
Despite this positive quarter, the overall CAB for FY24 is expected to remain in deficit at 0.6 per cent of GDP, the lowest since FY17, excluding the pandemic-affected FY21.
The upgrade considers AGEL's continued strong operational asset performance and a scale-up in execution, with annual capacity additions projected to increase to 4GW-5GW from the previous 2.5-3.5GW.