Search For "rating agency"
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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Moody's has rated PM Modi's handling of India's economy a step above 'junk
Updated : 5 years, 9 months ago IST
New Delhi [India], June 2 (ANI): Congress leader Rahul Gandhi on Monday took a jibe at Prime Minister Narendra Modi over Moody's Investors Service downgrading India's sovereign rating to the lowest investment rate and said that the global rating agency has rated his handling of the countr
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Brickwork assigns A1-plus rating to Titan's proposed commercial paper
Updated : 5 years, 10 months ago IST
Mumbai (Maharashtra) [India], April 25 (ANI): Brickwork credit rating agency has assigned A1-plus rating to Tata enterprise Titan's bank loan facilities of Rs 5,000 crore and proposed commercial paper of Rs 900 crore.
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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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Crisil assigns A2 rating to Yes Bank's Rs 20,000 crore CD
Updated : 5 years, 12 months ago IST
Mumbai (Maharashtra) [India], Mar 19 (ANI): Rating agency Crisil on Thursday assigned A2 rating to the Rs 20,000 crore certificate of deposit programme of Yes Bank Ltd.
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Coronavirus to hit India's cut & polished diamond industry: ICRA
Updated : 6 years ago IST
New Delhi [India], Feb 21 (ANI): The coronavirus impact in China coupled with weak demand conditions in key markets is expected to impact the domestic cut and polished diamond (CPD) industry in a major way, according to investment information and rating agency ICRA.
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United Spirits' outlook revised to positive, ratings reaffirmed
Updated : 6 years, 2 months ago IST
Mumbai (Maharashtra) [India], Dec 31 (ANI): Rating agency Crisil has revised its outlook on long-term bank facilities and non-convertible debentures of United Spirits Limited (USL) to positive from stable while reaffirming the rating at AA-plus.
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ICRA maintains negative year-end outlook for telecom industry
Updated : 6 years, 3 months ago IST
New Delhi [India], Dec 13 (ANI): Investment information and rating agency ICRA has maintained a negative outlook for the Indian telecom industry which is grappling with adjusted gross revenue (AGR) dues, notwithstanding the green-shoots of recovery.
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S&P reaffirms India's sovereign credit rating at BBB minus with stable out
Updated : 6 years, 3 months ago IST
New Delhi [India], Dec 4 (ANI): Rating agency Standard & Poor's has reaffirmed India's sovereign credit rating at BBB minus with stable outlook and expects its economy to grow strongly over the next two years.
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Manapurram Finance assigned BB-minus long-term issuer rating for EMTN prog
Updated : 6 years, 3 months ago IST
Thrissur (Kerala) [India], Nov 28 (ANI): Manapurram Finance, a sizable lender against gold jewellery and ornaments, said on Thursday that international credit rating agency S&P has assigned issuer rating to its proposed issue of debt instruments in the form of US dollar-denominated senior no
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MNRE refutes reports expressing doubt on India's renewable energy target
Updated : 6 years, 5 months ago IST
New Delhi [India], Oct 10 (ANI): The Ministry of New and Renewable Energy on Thursday denied reports citing rating agency Crisil's findings that India may fall short of its renewable energy target of 1.75 lakh megawatt by 2022.
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Threats looming for India's apparel exporters may slow pace of growth: ICR
Updated : 6 years, 5 months ago IST
New Delhi [India], Sept 24 (ANI): Though domestic apparel exports are expected to remain in the positive zone during rest of the year, there are multiple threats looming which could slow down the pace and make it challenging for apparel exporters, investment information firm and rating agenc
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