Promoters, including Mehta and the financial institutions such as Indian Overseas Bank and Central Bank of India, have together invested around Rs 25-30 crore to capitalise Acer Credit, which will operate from Gurugram and Mumbai
India renews push for reform of global credit rating system to lower emerging markets’ financing costs
DCCDL office portfolio comprises approximately 36 million square feet spread across Gurugram, Chennai, Hyderabad and Chandigarh
Moody's cited potential governance weaknesses across Adani group firms and warned of operational disruptions that may affect capital spending plans while legal proceedings are going on.
The finance ministry supports small businesses to get loans at a more affordable rate amid bid to reduce their dependence on external credit ratings while borrowing funds.
Markets operate on the principles of logic, efficiency, and transparency. It is this that enables the trust of its participants and allows markets to function and grow
Vedanta Ltd said India Ratings and Research has downgraded its ratings for the long-term bank facilities and debt instruments.
Healthcare sector saw higher upgrades in the last 18 months helped by the rise in hospital bed occupancy and realisations
India's credit quality outlook remains positive with upgrades expected to outnumber downgrades for the rest of this fiscal
According to rating agencies, the upgrades were driven by expansion in cash flows to sectors linked to domestic demand and to those benefiting from high government spending.
The 1,000-point correction on the Sensex on July 2 seemed more of a knee-jerk reaction to a decline in credit rating for the US – from AAA to AA+ - that recreated a move made more than a decade back by S&P Global Ratings
Over time, a lower credit rating could raise borrowing costs for the US and here's all you need to know about the situation
Domestic passenger traffic is expected to surpass pre-Covid levels in FY24 and international traffic to surpass that in FY23, according to ratings agency
Realistic budget projection, slow but steady fiscal consolidation and a still high growth trajectory will ensure that the debt burden comes off in the years ahead.
From HDFC, LIC housing finance to Shriram Transport Finance Co, company FDs are offering interest rates in excess of 7 percent for 3-year fixed deposits. But watch out for their credit ratings before you invest.
Should not a lesser punitive step of debarment for a limited period be a better option?
Up until early 2020, debt funds, even other than credit risk funds, were used to investing in lower-rated securities to get a kicker in returns. But after frequent defaults and the Franklin Templeton crisis in April 2020, debt fund managers have become more careful
The net absorption in office segment is expected to rise to 28msf in CY2022 from 19-20 msf in CY2020-CY2021, backed by resumption of back to office plans and growth in hiring by corporates
Despite brighter macroeconomic prospects, a string of policy reforms, and a fast recovering financial sector emerging from a rubble of bad loans, India’s credit rating still remains tantalisingly close to the ‘junk status’
"The decision to change the outlook to stable reflects Moody's view that the downside risks from negative feedback between the real economy and financial system are receding," Moody's said in a report on October 5.
Credit rating of bonds has become the cornerstone of investing in debt funds. Here is an explainer by Sumaira Abidi on how to understand credit ratings and their implications.
The Economic Survey 2020-21, authored by a team led by Chief Economic Adviser Krishnamurthy Venkata Subramanian, states that India's sovereign credit rating does not reflect its fundamentals.
If the ‘borrower pays’ business model persists, the stated ratings will tend to be better than the real financial health of the rated company