icra
NBFC-MFIs raise Rs 26,000 cr through securitisation in FY19
The securitisation route to raise funds increased to meet their growth targets in FY19, according to a report by rating agency Icra.
Banks close FY19 with 13.2 per cent credit growth
For FY18 bank credit had grown by 10.5 per cent to Rs 86.25 lakh crore while the deposit growth was a mere 6.7 per cent to Rs 114.26 lakh crore.
Mutual funds close FY19 with 11.41 pc rise in AUM at Rs 23.8 trillion
On a monthly basis, assets under management (AUM) grew 2.73 per cent from Rs 23.16 trillion in February.
PSBs to report higher losses for March quarter
According to analysts, the gross and net non-performing assets (NPAs) are likely to fall sequentially.
Steel, coking coal price trend diverges
Large global coking coal miners are achieving Ebitda ranging from $70-100/MT.
NBFC retail to cross Rs 10 lakh crore
ICRA anticipates that the availability of funds and their cost will continue to be a worry in the first half of FY20 as well.
SC order on RBI circular negative for banks, may defer debt resolution
Moody's said the resolution of stressed loans impacted by the circular will be further delayed.
IT services sector may register growth upto 9 pc in FY20
Firming oil prices will lead to some discretionary spends by energy firms on digital spends and give IT firms some good news.
Inadequate tariff revision in FY20 a concern for discoms, says Icra
Electricity distribution utilities in 17 of the 29 states have filed tariff petitions for FY20.
Success of TOT model critical for funding Bharatmala programme, says ICRA
Timely monetisation of mature road assets will be a critical determining factor in plugging shortfall in budgetary allocations, said ICRA.