Search For "rating"
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.
Read More
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.
Read More
Rural demand to remain muted due to Covid 2.0: Ind-Ra
Updated : 4 years, 9 months ago IST
Mumbai (Maharashtra) [India], May 28 (ANI): India Ratings and Research (Ind-Ra) has said that Covid 2.0's impact on the economy in the current financial year will be felt more through loss of demand impulse than supply-side disruptions.
Read More
S&P affirms BB/B ratings on IDBI Bank with negative outlook
Updated : 4 years, 9 months ago IST
Mumbai (Maharashtra) [India], May 28 (ANI): S&P Global Ratings has affirmed BB long-term and B short-term foreign currency issuer credit ratings on IDBI Bank.
Read More
Fitch affirms Indian Railway Finance Corp at BBB-minus
Updated : 4 years, 9 months ago IST
Hong Kong, May 27 (ANI): Fitch Ratings has affirmed Indian Railway Finance Corporation Ltd's (IRFC's) long-term foreign and local currency issuer default ratings at BBB-minus.
Read More
Vehicle financers face risk with falling fleet utilisation: Ind-Ra
Updated : 4 years, 9 months ago IST
Mumbai (Maharashtra) [India], May 26 (ANI): India Ratings and Research (Ind-Ra) has said the second Covid wave will have a material impact on vehicle financers' asset quality as borrowers are grappling with reduced capacity utilisation and increased operating costs.
Read More
Cyber crime is growing risk to bank ratings: S&P
Updated : 4 years, 9 months ago IST
Singapore, May 25 (ANI): The banking sector is becoming more exposed to cyber crime after Covid-19 pandemic accelerated digitalisation and remote working, S&P Global Ratings said on Tuesday.
Read More
Sequential challenging year stares at microfinance sector: Ind-Ra
Updated : 4 years, 9 months ago IST
Mumbai (Maharashtra) [India], May 24 (ANI): India Ratings and Research (Ind-Ra) said on Monday that collections for microfinance institutions (MFIs) and small finance banks (SFBs) are estimated to have declined 3 to 5 per cent in April and additional 5 to 7 per cent in first fortnight of May
Read More
Slackening economic momentum to limit discretionary purchases: ICRA
Updated : 4 years, 10 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
Read More
Second wave flattens fizz for soft-drink makers: Crisil
Updated : 4 years, 10 months ago IST
Mumbai (Maharashtra) [India], May 22 (ANI): India's non-alcoholic beverages industry led by cola giants Pepsi and Coca-Cola is unlikely to reclaim pre-pandemic levels this fiscal, according to Crisil Ratings.
Read More
Mindtree's acquisition of Nxt Digital business rating neutral: Ind-Ra
Updated : 4 years, 10 months ago IST
Mumbai (Maharashtra) [India], May 22 (ANI): Mindtree's recently announced acquisition of Nxt Digital business of Larsen & Toubro is credit neutral for the company, India Ratings and Research (Ind-Ra) has said.
Read More
Central bank digital currencies may disrupt financial systems: Fitch
Updated : 4 years, 10 months ago IST
London [UK], May 22 (ANI): The broader adoption of general-purpose central bank digital currencies (CBDCs) will present authorities with trade-offs between the associated risks and benefits, according to Fitch Ratings.
Read More