Care Ratings has put ratings of various instruments of Punjab National Bank (PNB) under review. In an interview to CNBC-TV18, Rajesh Mokashi, MD & CEO of the company spoke at length about PNB ratings.

CARE Ratings signs MoU with Japan Credit Rating Agency

Dr Dogra, MD & CEO of Care Ratings, said that the alliance is particularly beneficial as JCR is among the 10 agencies recognised by the US Securities and Exchange Commission and also by few European countries.

CARE stake sale to aid CAR, awaiting Pipapav CDR nod: IDBI

After negotiating for bulk sale, IDBI offloaded 10 percent in CARE to LIC for Rs 421 crore. The bank's deputy MD BK Batra informed that the bank has strategic stake in various companies which are quite valuable today.

Post IDBI stake sale, LIC our largest shareholder: CARE

IDBI has recently sold 10 percent stake in CARE Ratings possibly to LIC which is now the largest shareholder.

CARE's rating upgrade to reduce 6% interest cost: Gravita

The rating upgrade will help reduce Gravita India‘s interest costs on borrowings by 6 percent, says company CEO Naveen Sharma.

Aban upgade on positive industry & co developments: CARE

P Sudhakar, additional general manager, CARE Rating, says the steps taken by the company to improve its balancesheet by raising equity aids the decision to upgrade the company.

May get Rs 600-700 cr for entire stake in CARE: IDBI Bank

BK Batra, DMD of IDBI Bank says the timing seems right to monetize a part or its entire stake in CARE. He believes the bank can get between Rs 600 crore and Rs 700 crore for its entire shareholding.

Eyeing inorganic growth ops; to focus on SMEs: CARE

CARE Ratings looks to strengthen its presence in the SME sector by opening additional 30-40 SME outlets, says company MD and CEO DR Dogra.

Corporate rating upgrades may continue going forward: CARE

For every downgrade there have been 1.25 upgrades in Q2FY15, says DR Dogra, MD & CEO of Care Ratings

Was looking for over Rs 900/shr for CARE stake: IDBI Bank

IDBI Bank was looking for over Rs 900 a share and the bids it received were below that price. IDBI Bank holds close to 17 percent in CARE and had put up its stake for sale