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Housing credit dips 16 per cent in FY17

CRA expects affordable housing finance to continue to outpace the industry, going forward as well.

21 Jun 2017 6:13 AM

Housing credit growth slows to 16 pc in FY17: Icra

Icra expects HFCs' gross NPAs to remain range-bound between 0.9-1.3 pc in the current financial year.

20 Jun 2017 5:33 PM

Rate cut call gathers steam after inflation eases

RBI to ease interest rate, highlighting the need to boost investment for creation of jobs.

14 Jun 2017 3:35 PM

State-run banks need Rs 95,000 crore fresh capital

Moody’s rate PSU banks weak; puts onus on the Centre.

09 Jun 2017 3:53 AM

IDBI Bank sets up dept to manage bad loans

IDBI Bank's annual loss for 2016-17 widened to Rs 5,158 crore, as against Rs 3,665 crore in the previous fiscal.

08 Jun 2017 5:52 PM

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Banks need Rs 95,000 cr capital, stressed assets to rise: Moody's

Gross Non Performing Assets or bad loans will increase to Rs 8.2 -Rs 8.5 lakh crore by the end of 2017-18.

08 Jun 2017 3:31 PM

Two-wheeler industry to grow as note ban woes wear off

The two-wheeler industry had witnessed a decline of 6.5 per cent post the note ban but is expected to grow by 8-10 per cent in FY18.

05 Jun 2017 5:21 PM

Yes, we can reduce RCom's Rs 45K crore debt: Ambani

Consortium of lenders mulls triggering RBI's strategic debt restructuring for ending debt mess.

03 Jun 2017 10:12 AM

RBI to keep rate unchanged,policy to be less hawkish

56 of 60 surveyed, expected the committee to leave the repo rate, its main policy rate.

31 May 2017 5:08 PM

'RBI unlikely to cut rates; to be less hawkish at next policy'

MPC may choose to observe the actual progress of the monsoon and the adjustment during the transition to the GST.

29 May 2017 2:49 PM

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GST will lead to more organised logistics sector: Icra

GST implementation will be a positive development for the road logistics sector.

26 May 2017 8:02 PM

Icra expects gradual pick up in GDP growth to 7.1 pc

Gross value added growth is estimated to come at 6.9 per cent, up from the initial estimate of 6.6 per cent.

25 May 2017 7:25 PM

GST impact on air travel to be marginal: ICRA

GST on business class air travel has been announced to be 12 pc, which is 3 pc more than the existing service tax rate.

24 May 2017 5:40 PM

Icra says GST structure unlikely to fan inflation

The rating agencuy said that there is likely to be a limited impact of the GST on goods inflation.

19 May 2017 6:05 PM

Bank credit demand seen rising 7-8 pc in FY18

Deposit growth is expected slow to 5-7 per cent in fiscal 2018 from 11.8 per cent.

05 May 2017 5:28 PM

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ICRA anticipates sugar prices to remain firm

Report says pressures on stock position and prices cannot be ruled out in the forthcoming sugar year 2018.

26 Apr 2017 8:50 PM

Rise in NPAs leads to sharp dip in MFI capital

This was primarily seen in states where local body or assembly elections were due.

18 Apr 2017 3:05 AM

Debt refinancing may lower discom losses to Rs 37.5K cr: ICRA

Progress in implementation of UDAY has been satisfactory with 22 states/UTs having already signed up for it.

30 Mar 2017 11:23 AM

ICRA says steel consumption to be low in FY17

India's steel imports contracted by 38.5 per cent in 11M FY17 on the back of various trade protection measure.

28 Mar 2017 5:41 PM

Invest Rs 1.4 lakh crore to improve airports

The total passenger traffic for FY2017 is estimated to be around 265 million, which means capacity utilisation of more than 90 per cent.

10 Mar 2017 6:33 AM

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