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MFI profitability hit by note ban, says ICRA report

Collection dived to 75-80% in November-December from 99% after demonetisation. With demonetisation taking a toll on recoveries during November and December, micro finance institutions might report......

Ramdev's Patanjali gets a rating upgrade from Icra

The upgrade, said Icra, takes into account the “robust internal accrual generation, leading to low reliance on debt, as well as gearing levels, and strong debt protection metrics”. For......

Govt infusion in banks still short, say Icra & Fitch

Indian banks will need $90-billion additional capital, most of it for public sector banks, to meet Basel III requirements by 2019. Rating agencies Icra and Fitch have said the capital requirements......

India Inc sees reforms push, better growth prospects: Icra

Says operating environment for Indian corporate sector has improved during FY15 Indian industry has been witnessing an improved operating environment in the current fiscal on account of better......

Icra downgrades Jet Airways' loan

Following delays in Jet Airways servicing its interest payments, credit rating agency Icra has downgraded the company’s loans from ‘BB’ to ‘D’ (default grade). The......
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The new rate for air travel in the proposed GST regime is unlikely to have a major impact on the passenger growth even as differential input tax... ...

http://www.dnaindia.com/business/report-gst-won-t-have-major-impact-on-air-passenger-growth-icra-2449650
ICRA

Stressed-ridden domestic steel players may find it difficult to make fresh investment of around USD 140 billion for government's ambitious capacity... ...

http://www.dnaindia.com/business/report-steel-players-may-find-it-tough-to-make-fresh-investment-icra-2449599
ICRA

The definitive anti-dumping (ADD) duties imposed on import of hot-rolled (HR) and cold-rolled (CR) flat steel products are likely to create a more... ...

http://www.dnaindia.com/business/report-anti-dumping-on-steel-items-to-create-stable-environmenticra-2449519
Debt concerns pile pressure on shares in Reliance Communications

MUMBAI - Shares in Reliance Communications fell nearly 10 percent on Wednesday after a sell-off in its bonds, sparked by concerns that the... ...

http://www.sify.com/finance/debt-concerns-pile-pressure-on-shares-in-reliance-communications-news-default-rfyqGSgeggcfd.html
RBI to rope in rating agencies for NPA solution

The broad contours of their assignment are expected to be making independent assessment of recovery prospects, and estimating haircuts for... ...

http://www.rediff.com/money/report/rbi-to-rope-in-rating-agencies-for-npa-solution/20170524.htm

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