Search For "india rating"
Rural demand to support economic recovery but cannot substitute for urban
Updated : 5 years, 8 months ago IST
Mumbai (Maharashtra) [India], Aug 28 (ANI): As the share of agriculture in India's gross value added is about 17 per cent, rural demand at best can extend support to consumption demand but cannot be a substitute for urban demand, India Ratings and Research (Ind-Ra) said on Friday.
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Crisil, Ind-Ra upgrade Yes Bank's bonds on improved liquidity
Updated : 5 years, 9 months ago IST
Mumbai (Maharashtra) [India], Aug 28 (ANI): Crisil and India Ratings (Ind-Ra) have upgraded infrastructure bonds and other papers of Yes Bank due to its improved liquidity and capital raised recently.
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Ind-Ra downgrades South Indian Bank to A with negative outlook
Updated : 5 years, 9 months ago IST
Mumbai (Maharashtra) [India], Aug 22 (ANI): India Ratings and Research (Ind-Ra) has downgraded South Indian Bank's long-term issuer rating to A from A-plus with a negative outlook.
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Past instances of bank loan restructuring do not inspire confidence: Ind-R
Updated : 5 years, 9 months ago IST
Mumbai (Maharashtra) [India], Aug 19 (ANI): The recently announced loan restructuring guidelines for COVID-19 related stress will provide banks with an opportunity to keep viable accounts as standard in their books, India Ratings and Research (Ind-Ra) said on Wednesday.
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Gradual coal demand recovery amid high inventory to keep prices subdued in
Updated : 5 years, 9 months ago IST
Mumbai (Maharashtra) [India], Aug 17 (ANI): Coal prices are likely to be subdued in the current financial year on the back of low power demand and piling inventory at power stations, India Ratings and Research (Ind-Ra) said in its first edition of credit news digest published on Monday.
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Revenue, EBITDA margins of EPC companies to fall by 15 per cent in FY21: I
Updated : 5 years, 9 months ago IST
Mumbai (Maharashtra) [India], Aug 15 (ANI): The revenue and earnings before interest, taxes, depreciation and amortisation (EBITDA) margin of engineering, procurement and construction (EPC) companies will decline around 15 per cent year-on-year in the current financial year as COVID-19 led l
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Gold loan relaxation of LTV norms to limit exposure appetite of banks: Ind
Updated : 5 years, 9 months ago IST
Mumbai (Maharashtra) [India], Aug 13 (ANI): Gold loan non-banking finance companies (NBFCs) are unlikely to be significantly impacted by the Reserve Bank of India's new guidelines allowing banks to lend up to 90 per cent of the gold value as prudent lending practices may demand lenders to be
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Refinancing needs to rise as NBFCs roll out restructuring plans: Ind-Ra
Updated : 5 years, 9 months ago IST
Mumbai (Maharashtra) [India], Aug 12 (ANI): The Reserve Bank of India's decision allowing lenders to restructure loans will increase their refinancing requirements, especially for non-banking banking companies (NBFCs), India Ratings and Research (Ind-Ra) said on Wednesday.
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No common benchmark for reporting portfolio under moratorium creating disc
Updated : 5 years, 9 months ago IST
Mumbai (Maharashtra) [India], Aug 8 (ANI): The absence of a common benchmark for lenders for reporting loans under moratorium has led to mismatches between the data in financial stability report published by the Reserve Bank of India (RBI) and the reported data of individual banks, India Rat
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Ind-Ra affirms IDFC First Bank's debt instruments at AA-plus with negative
Updated : 5 years, 9 months ago IST
Mumbai (Maharashtra) [India], Aug 8 (ANI): India Ratings and Research (Ind-Ra) has affirmed private sector lender IDFC First Bank's debt instruments ratings at AA-plus with a negative outlook.
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Sea and road transport recover after easing of lockdown restrictions: Ind-
Updated : 5 years, 9 months ago IST
Mumbai (Maharashtra) [India], Aug 7 (ANI): A moderate recovery for sea and road transport is underway post the easing of lockdown restrictions while air transport remains severely stressed, according to India Ratings and Research (Ind-Ra).
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Reverse labour migration may lead to multiple headwinds for manufacturing
Updated : 5 years, 9 months ago IST
Mumbai (Maharashtra) [India], Aug 5 (ANI): The recent surge in COVID-19 positive cases and subsequent lockdown imposed by various states are preventing the return of migrant labourers to their workplace, though such measures are necessary to control the outbreak, India Ratings and Research (
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