Search For "rating agency crisil"
Edible oil refiners' revenue to dip 2-3% this fiscal despite volume growth
Updated : 8 months ago IST
Indian edible oil refiners are set to see their revenues decline 2-3 per cent on-year to Rs 2.6 lakh crores this fiscal due to lower realisations, even as volumes grow 2.8-3.0 per cent on-year, according to the credit rating agency Crisil Ratings.
Read More
India's used-car volume to grow 8-10% in 2025-26, over twice as fast as ne
Updated : 8 months ago IST
The sales volume of used cars in India is expected to cross 6 million units this fiscal driven by value-conscious demand, rising digital adoption and better access to finance, the credit rating agency Crisil Rating said in a report.
Read More
Crisil revised India's FY26 GDP growth to 6.5% on good monsoon, rate cuts,
Updated : 8 months, 2 weeks ago IST
Rating agency Crisil has revised India's gross domestic product (GDP) growth to 6.5 per cent for the current fiscal, supported by expectations of above-normal monsoon, rate cuts and the government's rural support schemes.
Read More
India's merchandise trade deficit will be under pressure in fiscal 26, ser
Updated : 12 months ago IST
India's merchandise trade deficit will be under pressure in the fiscal year 2026, as domestic private consumption is expected to remain strong, maintaining imports up, the rating agency Crisil said in its recent report.
Read More
CRISIL Removes IIFL Finance from 'Rating Watch with Developing Implication
Updated : 1 year, 5 months ago IST
Mumbai (Maharashtra) [India], October 2: IIFL Finance, which is one of India's largest non-banking financial companies, today said that leading rating agency CRISIL has removed IIFL Finance from 'Rating Watch with Developing Implications' and has reaffirmed the rating at 'CRISIL AA/CRISIL A
Read More
RBI expected to begin rate cuts in October, with two reductions this fisca
Updated : 1 year, 7 months ago IST
The Reserve Bank of India (RBI) may begin lowering interest rates around October, provided that external factors like weather conditions and international commodity prices do not cause any disruptions, the credit rating agency, Crisil said in its report.
Read More
Jute makers expected to see margins drop for second straight year
Updated : 1 year, 8 months ago IST
Operating margins of jute manufacturers are expected to shrink 50 basis points (100 basis point is equated to 1 percentage point) this financial year 2024-25, according to rating agency Crisil.
Read More
Revenues of top Indian states to grow at 8-10 pc this financial year: Cris
Updated : 1 year, 8 months ago IST
Revenue of India's top states, which account for over 90 per cent of India's gross state domestic product, is likely to grow at a steady pace of 8-10 per cent this current financial year 2024-25, according to an analysis by rating agency Crisil Ratings.
Read More
Crisil expects RBI to initiate repo rate cuts from mid-2024
Updated : 1 year, 11 months ago IST
As the Reserve Bank of India (RBI) maintained the status quo in repo rate for the seventh time this month, rating agency Crisil now expects the rate cut cycle to begin from mid-2024. The repo rate is the rate of interest at which RBI lends to other banks.
Read More
Firm domestic demand to keep India's steel imports elevated in 2023-24: Cr
Updated : 2 years, 2 months ago IST
Strong domestic demand, supported by government spending on infrastructure, building and construction segments, is expected to keep India's steel imports elevated around the 6 million tonne (MT) mark this financial year even as the global steel industry battles a slowdown, according to ratin
Read More
CRISIL Upgrades IIFL Finance's Outlook to 'Positive' from 'Stable', Sees M
Updated : 2 years, 3 months ago IST
New Delhi [India], November 23: Fairfax-backed IIFL Finance Limited, which is one of India's largest non-banking financial companies, today said that leading rating agency CRISIL has upward revised its outlook to 'Positive' from 'Stable'. The agency has also reaffirmed the long-term rating a
Read More
CRISIL upgrades Fusion Micro Finance Limited to 'CRISIL A+/Stable'
Updated : 2 years, 5 months ago IST
New Delhi [India], October 4: Fusion Micro Finance [BSE (BOM: 543652) and NSE (NSE: FUSION)], one of India's leading NBFC-MFIs, has announced that CRISIL, the Credit Rating Agency, has upgraded its credit rating on the Bank Loan Facilities and Non-Convertible Debentures of Fusion Micro Finan
Read More