Search For "rating agency icra"
With phased unlocking under way, GDP growth projected at 8.5 pc in FY22: I
Updated : 4 years, 9 months ago IST
New Delhi [India], June 10 (ANI): Rating agency ICRA on Thursday projected the year-on-year (YoY) growth of GDP and gross value added (GVA) at basic prices (at constant 2011-12 prices) at 8.5 per cent and 7.3 per cent respectively in FY2022.
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Toll collection on national highways to fall by 25-30 pc: ICRA
Updated : 4 years, 9 months ago IST
New Delhi [India], May 29 (ANI): Toll collection on national highways is likely to fall by 25 to 30 per cent in May over last month as a fall out of the lockdown and restrictions imposed by several states to contain the spread of coronavirus, according to rating agency ICRA.
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ICRA pegs GST compensation of Rs 2.65 lakh crore for states
Updated : 4 years, 9 months ago IST
New Delhi [India], May 28 (ANI): Projecting the FY22 state GST (SGST) collections of all states at Rs 6.1 lakh crore, rating agency ICRA expects a large GST compensation requirement of Rs 2.65 lakh crore for the current year.
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Slackening economic momentum to limit discretionary purchases: ICRA
Updated : 4 years, 9 months ago IST
New Delhi [India], May 22 (ANI): Slackening economic momentum driven by the second wave of Covid-19 infections in India has emerged as a concern with bruised sentiment, high healthcare costs and fuel expenses likely to limit discretionary purchases in the immediate term, rating agency ICR
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Spike in Covid-19 cases challenging aviation sector's recovery
Updated : 4 years, 11 months ago IST
New Delhi [India], Apr 10 (ANI): Domestic air passenger traffic for March is estimated at 77 lakh to 78 lakh against 77.4 lakh in the same month of last year, implying a flat growth, according to rating agency ICRA.
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Credit outlook negative for aviation industry: ICRA
Updated : 5 years ago IST
New Delhi [India], March 10 (ANI): Rating agency ICRA has a negative credit outlook on Indian aviation industry, reflecting a view that financial performance of airlines is likely to remain weak in near-to-medium term amid weak air traffic.
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Large real estate players double market share: ICRA
Updated : 5 years ago IST
New Delhi [India], February 23 (ANI): The residential realty sector is witnessing a K-shaped recovery with large listed players recovering at a much better pace than smaller unorganised players, credit rating agency ICRA said on Tuesday.
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ICRA Q1 operating income falls by 17 pc to Rs 42 cr
Updated : 5 years, 6 months ago IST
New Delhi [India], Aug 28 (ANI): Leading credit rating agency ICRA has reported 17 per cent fall in its operating income for the quarter ended June 30 at Rs 42.5 crore as compared to Rs 51.4 crore in the corresponding quarter of the previous year.
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Asset quality risks for banks, NBFCs remain elevated: ICRA
Updated : 5 years, 7 months ago IST
New Delhi [India], Aug 5 (ANI): A further deterioration in asset quality and the risks for banks and non-banking finance companies (NBFCs ) continue to remain high despite most of them reporting a decline in the loans under moratorium phase two (June to August 2020), rating agency ICRA said
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ICRA reaffirms IndiGo's long-term rating at A-plus with negative outlook
Updated : 5 years, 7 months ago IST
New Delhi [India], July 30 (ANI): Rating agency ICRA has reaffirmed IndiGo's long-term rating at A-plus with a negative outlook but downgraded short-term rating by one notch from A1-plus to A1.
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Asset quality pressures building in housing loan portfolio, NPAs to worsen
Updated : 5 years, 8 months ago IST
New Delhi [India], June 26 (ANI): Nearly 30 per cent of housing finance companies (HFCs) portfolio is under moratorium and their gross non-performing assets (GNPAs) are likely to increase to 2.5 to 3 per cent in FY21, rating agency ICRA said on Friday.
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ICRA downgrades Indian hospitality sector from stable to negative outlook
Updated : 5 years, 11 months ago IST
New Delhi [India], Mar 24 (ANI): Rating agency ICRA has revised the outlook on the Indian hospitality sector from stable to negative, following the global spread of COVID-19 pandemic.
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