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Asset quality issue at Indian banks subsiding, bolstering appetite for gro
Updated : 1 year, 10 months ago IST
Asset quality pressures are subsiding at Indian banks, creating a favourable business environment and bolstering banks' potential and appetite for growth, said Fitch Ratings on Monday.
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Indian airlines to carry half of country's international traffic by 2028:
Updated : 1 year, 10 months ago IST
The rating agency asserted that the improvement would be driven by Indian airlines deploying additional aircraft and adding new routes in the international segment, as well as their inherent advantage of superior domestic connectivity compared with foreign carriers.
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Ind-Ra raises FY25 GDP growth estimate to 7.1 pc: Strong government-privat
Updated : 1 year, 10 months ago IST
The new projection slightly exceeds the Reserve Bank of India's (RBI) forecast of 7.0 per cent. The agency's forecast indicates higher growth than RBI's for the first and fourth quarters of FY25 but lower for the second and third quarters.
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Growing online enrolments, rising tuition fee to drive revenue for educati
Updated : 1 year, 10 months ago IST
India Ratings and Research (Ind-Ra) has maintained an improving outlook for the education sector for the financial year 2024-25, driven mainly by continuously growing enrolments along with rising tuition fees per student.
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Business loans boom, personal loans slows down: March banking trends after
Updated : 1 year, 10 months ago IST
According to CareEdge Ratings, gross bank credit offtake showed a year-on-year increase of 20.2 per cent in March 2024, attributed largely to the merger between HDFC Bank and HDFC Ltd.
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KINARA CAPITAL Acquires 'A' Grade In Social And Environmental Rating (SER)
Updated : 1 year, 10 months ago IST
Bengaluru (Karnataka) [India], May 3: Kinara Capital, India's fast-growing fintech driving last-mile MSME financial inclusion, today announced acquiring the coveted 'A' grade in Social and Environmental Rating (SER) from MFR, a global leader in providing independent assessments, data and tec
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Ajooni Biotech Receives Upgraded Credit Rating & Right Issue Details
Updated : 1 year, 10 months ago IST
Punjab [India], May 3: Ajooni Biotech Limited is thrilled to share that CRISIL Limited has raised company's long-term credit facilities ratings to "CRISIL BB+/ Stable". This upgrade underscores company's ongoing efforts to improve risk profile, revenue streams, and operational profitability.
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KaarTech: Spearheading Innovation with Uncompromising Financial Governance
Updated : 1 year, 10 months ago IST
Chennai (Tamil Nadu) [India], May 2: KaarTech, a global leader in technology solutions, proudly announces its enhanced credit rating from CARE Ratings Ltd., underscoring its mission to revolutionize industries through innovation while upholding the highest standards of financial governance a
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National Highways execution to decline by 7-10 per cent in FY25
Updated : 1 year, 10 months ago IST
The pace of construction for National Highways in India witnessed an uptick in FY24, reaching 34 Km/day, albeit lower than the 37 km/day reported in FY21.
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Adani Ports & SEZ attains India's first AAA ratings in private infrast
Updated : 1 year, 10 months ago IST
Adani Ports & SEZ (APSEZ), one of the largest profit contributors for Adani Group, has been upgraded to AAA rating by Care Ratings
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India Inc marks slowest quarterly revenue growth in January-March 2024: Cr
Updated : 1 year, 10 months ago IST
Corporates in India have likely logged a 4-6 per cent revenue growth in the January-March quarter, marking the slowest quarterly growth since recovery from the Covid-19 pandemic began in September 2021, as per an analysis of 350 companies (excluding financial services and oil and gas sectors
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CBS renews Queen Latifah-led drama 'The Equalizer' for season 5
Updated : 1 year, 10 months ago IST
The show, which also sees Queen Latifah taking on executive producer duties, has proven to be a solid ratings draw for the network, cementing its place in CBS's lineup
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