India Ratings

NBFCs are likely to be selective in passing on the reduced funding costs to borrowers, which will help support their margins, the ratings agency has said

Standalone health insurers eye 20% growth in FY26 as retail segment expands

While retail health insurance will remain the cornerstone of growth, competition will continue to challenge pricing and profitability, says analysts.

Capex intensity of corporates likely to increase after Lok Sabha polls: India Ratings

Ind-Ra expects healthy banking credit growth at 15.4 percent yoy in FY25, from a revival in private capex benefitting the growth of the corporate segment.

States to see quality of deficit at its 6-year best in FY25: India Ratings

According to an analysis by economists from India Ratings and Research, the 2024-25 budgets of 26 states presented so far show that their total fiscal deficit target for the next financial year has been set at 3.0 percent of GDP, down from the revised estimate of 3.4 percent for 2023-24

India Ratings peg 12-13% deposit growth of Indian banks in FY25

For the next financial year, the agency expected credit growth of around 15 percent on-year.

India Ratings pegs FY25 GDP growth at 6.5%, says signs 'bullish' for private capex

According to India Ratings and Research, if the current government returns to power after the Lok Sabha elections then the pace of private investment may be faster on account of policy continuity

India Ratings ups India's FY'24 growth estimates to 6.7% on economic resilience, prospect of private capex

It flagged weak global growth and trade as risks which weighed down the growth estimates, besides volatile geopolitical situation.

Resolution through IBC continues to delay, says India Ratings

Recoveries from the resolution are slowly reverting to the pre-IBC days after the initial success when they were in the range of 40-45 percent, the agency said

NBFCs to borrow more through commercial papers to meet funding costs: India Ratings

The RBI raised the risk weight on consumer loans of banks and NBFCs by 25 percent on November 16 to curb the proliferation of unsecured consumer loans.

Dilip Buildcon jumps 4% after India Ratings revises outlook to 'positive'

Dilip Buildcon stock has rallied 95 percent this year against an 8.5 percent rise in the benchmark Nifty during the period

India Ratings hikes FY24 growth forecast to 6.2%, but sounds consumption warning

According to economists from India Ratings, there is a disconnect between the headline and underlying consumption data, with a clear K-shaped demand making it unlikely that the current overall trend will continue for long

India's sovereign ratings by global agencies utterly absurd: Sanjeev Sanyal

Sanyal said India just about makes it past the investment grade in the ratings of the agencies, which is "utterly absurd".

Corporates stare at 25% jump in financing cost this fiscal: Report

The rising interest rate burden, which is near the pre-pandemic levels and already up 30 percent over FY22 levels, will force companies to reverse their deleveraging course this fiscal, according to an analysis by India Ratings.

Housing prices may rise 5% in FY24; rates appreciate by 8-10% this fiscal: India Ratings

The rating agency has revised the outlook on the residential real estate sector to neutral from improving for FY24.

India Ratings revokes short-term issuer rating of 25 financial institutions

The other financial institutions include banks such as Axis Bank, Bank of Baroda, Punjab National Bank and Kotak Mahindra Bank

India’s GDP growth likely to trip to 5.9% in FY24 on emerging fault lines: Ind-Ra

Growth may undershoot RBI's estimate of 6.4 per cent due to weak external sector, waning pent-up demand, tighter financial conditions and subdued manufacturing, says the rating firm.

Canara Bank to issue perpetual bonds, say traders

The state-run bank has invited coupon and commitment bids from bankers and investors on Wednesday, they said.

GST has not boosted states' tax collections: Ind Ra

The rating agency said that the data does not point to any benefits to the states in the last five years since the implementation of GST (Goods and Services Tax).

Banks may not cut lending to steel sector despite export duty hike, say rating agencies

The government, on May 21, increased the duty on exports of iron ore to 50 percent from 30 percent and imposed 45 percent duty on pellets. It also imposed a 15 percent export duty on hot-rolled and cold-rolled steel products from nil earlier

Ind-Ra slashes India's FY23 GDP forecast to 7-7.2% citing Ukraine war

Since the duration of the war continues to be uncertain, in the first scenario crude oil prices could remain elevated for three months, and in the second case for six months, Ind-Ra said.

India Ratings pegs India's FY22 GDP growth at 8.6% on data revision

According to an India Ratings analysis, NSO is likely to peg the FY22 real gross domestic product growth at Rs 147.2 lakh crore.

India Ratings revises upwards outlook on microfinance sector to 'neutral' from 'negative' for FY23

The agency expects the sector to grow 20-30 per cent in both FY22 and FY23 in comparison to the below 10 per cent AUM (assets under management) growth in the previous two years.

States' fiscal deficit to stand at 3.6% in FY23: Ind-Ra

The agency had earlier forecast the fiscal deficit of the states to print in at 4.1 per cent.

India Ratings projects economy to grow at 7.6% in FY23

The agency said after a gap of two years, the Indian economy will show a meaningful expansion, as the real GDP in 2022-23 is expected to be 9.1 per cent higher than that in 2019-20 (pre-COVID level).

Explained: Why has inflation climbed, why the index varies from households’ view and where is it headed

Why your tolerance level for galloping prices is different from that of the RBI’s and other vital questions answered.