Search For "rating agency"
Quality of consolidating PSU banks will determine their effectiveness: Moo
Updated : 6 years, 6 months ago IST
New Delhi [India], Aug 31 (ANI): The consolidation of 10 public sectors banks announced by the government is credit positive but there will not be any immediate improvement in their credit metrics as all of them have relatively weak solvency profiles, global rating agency Moody's has said.
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ICRA sacks MD & CEO Naresh Takkar over allegations of misconduct
Updated : 6 years, 6 months ago IST
New Delhi [India], Aug 30 (ANI): ICRA Ltd has ousted its Managing Director and Group Chief Executive Officer Naresh Takkar, nearly three months after the Securities and Exchange Board of India (SEBI) received an anonymous complaint alleging misconduct at the credit rating agency under him.
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S&P places IDBI Bank 'BB/B' ratings on credit watch negative, shares fall
Updated : 6 years, 6 months ago IST
Mumbai (Maharashtra) [India], Aug 28 (ANI): Global rating agency S&P has placed IDBI Bank on credit watch, citing uncertainty over its ability to meet capital requirements over the next few months.
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ICRA withdraws rating assigned to borrowing programme of MEP Infrastructur
Updated : 6 years, 6 months ago IST
Mumbai (Maharashtra) [India], Aug 28 (ANI): Rating agency ICRA has withdrawn the rating for MEP Infrastructure Developers' bank limit of Rs 50 crore due to slower than anticipated progress in six under-construction hybrid annuity mode (HAM) road portfolio.
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CARE revises Gati's outlook on long-term loans to negative
Updated : 6 years, 6 months ago IST
New Delhi [India], Aug 21 (ANI): Rating agency CARE has revised its outlook on express distribution and supply chain solutions company Gati Ltd's long-term loans to negative from stable.
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ICRA downgrades Tata Motors' various instruments to AA minus
Updated : 6 years, 7 months ago IST
New Delhi [India], Aug 6 (ANI): Rating agency ICRA has downgraded non-convertible debenture programme, long-term loans, long-term fund-based facilities and long-term non-fund-based facilities totalling Rs 22,250 crore to IRCA AA minus with negative outlook.
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Tardy progress of monsoon, lag in kharif sowing raise concerns for agri gr
Updated : 6 years, 7 months ago IST
New Delhi [India], Aug 4 (ANI): Unfavourable distribution of monsoon rainfall so far along with subdued pace of kharif sowing has raised concerns over the outlook for agriculture yields, food prices and rural sentiment, according to investment information and rating agency ICRA.
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Changes in bidding norms for wind power to add capacity: ICRA
Updated : 6 years, 7 months ago IST
New Delhi [India], July 27 (ANI): The government's recent move to change guidelines for awarding wind power projects is a positive move for developers who are experiencing significant delays in project execution due to issues like delays in land acquisition and securing transmission connecti
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Crisil reaffirms highest rating to Piramal Capital and Housing Finance for
Updated : 6 years, 8 months ago IST
Mumbai (Maharashtra) [India], July 15 (ANI): Rating agency Crisil has reaffirmed the highest rating A1+ to Piramal Capital and Housing Finance Ltd (PCHFL) for its commercial paper programme worth Rs 10,500 crore.
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Challenges await implementation of PNGRB's concept paper: ICRA
Updated : 6 years, 8 months ago IST
New Delhi [India], July 9 (ANI): Investment information and rating agency ICRA said on Tuesday that operational challenges in running city gas distribution (CGD) networks will require resolution for actual materialisation of third-party competition in the business.
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Disinvestment plan key to avert revenue slippages in FY 20: ICRA
Updated : 6 years, 8 months ago IST
New Delhi [India], July 7 (ANI): The speed with which government's disinvestment programme kicks off as well as interest shown by potential buyers in public sector units being offered for strategic sale will be crucial to prevent a slippage in non-loan capital receipts, according to investme
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ICRA appoints Vipul Agarwal as interim COO after Takkar asked to proceed o
Updated : 6 years, 8 months ago IST
Mumbai (Maharashtra) [India], July 2 (ANI): Vipul Agarwal on Tuesday took over as the interim Chief Operating Officer of investment information and rating agency ICRA after the board of directors asked Naresh Takkar to proceed on leave until further notice.
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