Search For "india ratings and research"
Ind-Ra assigns UBI's tier 2 bonds AA-plus with rating watch evolving
Updated : 5 years, 6 months ago IST
Mumbai (Maharashtra) [India], September 11 (ANI): India Ratings and Research (Ind-Ra) said on Friday it has assigned Union Bank of India's (UBI's) tier two bonds an AA-plus rating and placed it on rating watch evolving (RWE).
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Telecom subscriber base continues to decline for third month in a row: Ind
Updated : 5 years, 6 months ago IST
Mumbai (Maharashtra) [India], Sep 7 (ANI): The telecom industry's subscriber base continued to decline month-on-month in May for the third month in a row due to outbreak of COVID-19, which led to issues like movement of migrant labourers to their home towns and SIM card consolidation, India
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Liquidity surplus but contracts with gradual unlocking of economy: Ind-Ra
Updated : 5 years, 6 months ago IST
Mumbai (Maharashtra) [India], September 1 (ANI): The system liquidity though still in surplus territory contracted to average Rs 3.5 lakh crore in July from above Rs 5 lakh crore in June, India Ratings and Research (Ind-Ra) said in its latest edition of credit market tracker.
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Maharashtra stamp duty reduction may do little to revive real estate deman
Updated : 5 years, 6 months ago IST
Mumbai (Maharashtra) [India], Aug 29 (ANI): The proposed stamp duty reduction by Maharashtra state government will do little to boost demand in the sluggish residential real estate market, India Ratings and Research (Ind-Ra) has said.
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Rural demand to support economic recovery but cannot substitute for urban
Updated : 5 years, 6 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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Ind-Ra downgrades South Indian Bank to A with negative outlook
Updated : 5 years, 7 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, 7 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, 7 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, 7 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, 7 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, 7 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, 7 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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