icra
Centre's interest waiver policy is manageable, say analysts
State Bank of India’s new chairman Dinesh Khara in his first press interaction refused to comment on the issue as the matter is subjudice.
States may cut FY21 capex by Rs 3 lakh crore, says ICRA
ICRA has projected that the gap between the GST compensation requirement and the cess collections for FY21 will be Rs 2.9 lakh crore
Six years and PMAY(Urban) still moves at snail’s pace
Of the investment in projects, the central government has sanctioned 26 per cent funds, but released only 10 per cent.
Reveneue de-growth for cotton spinners seen
Spinners expect that the overall FY20 performance will be weighed down by the tepid volumes and weak earnings seen so far.
SFBs would need nearly Rs 3,900crore till FY22: ICRA
SFBs have made good progress on deposit mobilisation.
Bank credit growth to moderate to 8.5 pc in FY20: Icra
Icra expects year-on-year credit growth to decline to 6.2-6.8 per cent in FY20 from 13.5 per cent in the last financial year.
ICRA: Domestic passenger traffic growth in July drops to 1.8pc at tourist season end
ICRA VP and Co-Head, Corporate Sector Ratings, Kinjal Shah said, ‘Growth in industry capacity continued to be muted in July 2019 at 3.5pc.’
Good days behind for petchem industry: Icra
Going forward, the olefins cycle is likely to decline further and that in turn would lead to subdued returns, they added.
Challenges in resolution of construction firms: Icra
The financial creditors of stressed construction firms are likely to face high haircuts and smooth resolution still remains a far cry.
IL&FS case: Sebi widens probe into role of rating agencies
Grant Thornton was asked to review ratings provided by various credit rating agencies (CRAs) to IL&FS group companies.