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Latest Articles in icra
Singapore's DBS Says Has Completed Takeover Of Lakshmi Vilas Bank
Southeast Asia's largest lender, which will pump in 25 billion rupees ($338 million) into its India unit, until recently had just over 30 branches in India but has now added more than 550 and 900-plus ATMs.
Read MoreInvest a portion of salary in the Bajaj Finance Fixed Deposit to meet financial goals
Invest a portion of salary in the Bajaj Finance Fixed Deposit to meet financial goals
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Fashion Retailers Likely To Witness 35 to 42% Dip In FY21 Revenues: ICRA
Revenues in Q2 FY21 though improved sequentially are expected to remain substantially lower on a year-on-year basis adversely impacted by local lockdowns and restrictions, it said in its latest credit outlook for the sector.
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Agricultural GVA Growth Of 3 Pc Likely In Q2 FY21: ICRA
Pan-India rainfall stood at 109 per cent of long period average (LPA) in the monsoon months (June to September), well above the 102 per cent level projected by the India Meteorological Department (IMD).
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ICRA Downgrades Taj GVK Hotels & Resorts To A-Minus With Negative Outlook
The company reported meagre revenues of Rs 3.3 crore and operating losses in Q1 FY21 due to pan-India COVID-19 lockdown which resulted in only one of its six properties being operational.
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Credit Metrics Of Leading Pharma Companies To Remain Stable: ICRA
The domestic pharmaceutical industry is highly dependent on imports with more than 60 per cent of its active pharmaceutical ingredients (API) requirement being imported.
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ICRA Reaffirms JSPL's Ratings With Stable Outlook
ICRA said the rating reaffirmation factors in JSPL's healthy standalone operating performance in FY21 despite subdued demand trends and challenging market conditions.
Read MoreBrokerage industry's revenues expected to reach Rs 23,000 crore in FY21: ICRA
Brokerage industry's revenues expected to reach Rs 23,000 crore in FY21: ICRA
Read MoreFragmented economic recovery underway, more setbacks likely: ICRA
Fragmented economic recovery underway, more setbacks likely: ICRA
Read MoreUS restrictions on textile imports from China may augur well for India: ICRA
US restrictions on textile imports from China may augur well for India: ICRA
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Divestment Of Majority Sovereign Ownership In Public Sector Banks To Be Credit Negative For These Psbs: ICRA
As per ICRA’s estimates, cumulatively these banks reported losses of Rs 1.08 trillion during FY2016-FY2020 and GoI had to infuse Rs 766 billion of capital during this period.
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Resolution Plan Guidelines Favourable for Residential Sector: ICRA
Operating cash flows of real estate developers expected to reduce by around 30-50% in the current fiscal, resulting in higher reliance on refinancing and incremental debt says a report by ICRA
Read MoreStates may cut FY21 capex by Rs 3 lakh crore due to GST shortfall: ICRA
States may cut FY21 capex by Rs 3 lakh crore due to GST shortfall: ICRA
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Airlines Profitability To Be Eroded Due To Lower Revenues, High Fixed Costs: ICRA
The average daily departures last month were 930, significantly lower than the average daily departures of 2,846 flights in August 2019 though better than 780 in July.
Read MoreShort payment time frame for AGR dues may dent telecom industry structure: ICRA
Short payment time frame for AGR dues may dent telecom industry structure: ICRA
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