Page 3 - Crisil Ratings

IBC helps recover Rs 2.5 trn in past 5 years from bad assets, says CRISIL

Only a few large cases see good recovery and the average time taken for resolution is 419 days.

CRISIL withdraws SpiceJet rating; firm in non-cooperating category

SpiceJet terminated the contract with CRISIL after the rating firm had downgraded the company's bank loan facilities on July 7 citing deterioration in liquidity profile

CRISIL Ratings withdraws Spicejet rating on 'non-cooperation'

The ratings agency has withdrawn the rating of Spicejet and put it under "non-cooperative" category

Securitisation volume more than doubled to Rs 50,000 cr in H1 FY22: Report

Securitisation volume more than doubled to Rs 50,000 crore in the first half of the current fiscal year, Crisil Ratings said in a report.

Rs 3-trillion new Discoms Reform Scheme: Why it might work this time?

New Discoms Reform Scheme: Financially and operationally ailing power distribution companies (discoms) in the country have got another chance of revival with the Rs 3-trillion reform scheme

Crisil upgrades Bharti Airtel debt programme rating to AA+, stable outlook

Crisil Rating on Tuesday said it has upgraded the long term rating on the bank facilities and debt programme of Bharti Airtel to AA+ with a stable outlook

CNG-PNG use could soar on all-time high price edge over other fuels: Crisil

Rating agency sees 25-27% surge in sales, driven in part by rebounding vehicular mobility and industrial activity as well

Nippon India Money Market Fund: An outperformer with conservative style

The fund featured in the top 30 percentile of the money market funds category in CRISIL Mutual Fund Ranking (CMFR) for 10 consecutive quarters ended June 2021

DSP Equity & Bond Fund: Diversification, quality focus drive returns

Fund's investment objective is to generate long-term capital appreciation and current income from a portfolio constituted of equity and equity-related securities, as well as fixed income securities

Crisil chief Ashu Suyash to quit after 6 yrs at helm; to start new venture

Amish Mehta to take over as new CEO on October

Oxygen diversion to have limited impact on manufacturing sector: Analysts

Revenues of small and mid-sized companies into metal fabrication, automotive components, shipbreaking, paper, and engineering may get impacted temporarily, says CRISIL.

Khadim India rises for fourth day, jumps 7% on credit rating tweak

ICRA has revised long term credit rating on the company's overall borrowings of Rs 204 crore to BBB- from BBB, although, it tweaked the outlook to 'Stable' from 'Negative'

LT Foods' stock gains over 2% after ratings upgrade on bank loan facilities

The credit ratings agency said that the upgrade reflects continuous improvement in group's business and financial risk profiles

Kopran hits 52-week high after Crisil upgrades rating outlook to 'Positive'

The rating agency reaffirmed its 'CRISIL BBB' rating on long term bank facilities, while short term ratings has been reaffirmed at 'CRISIL A3+'

Covid-19 impact: Credit ratio at decadal low of 0.54% in H1, says CRISIL

The credit quality pressure on India Inc is likely to persist in H2FY21, with downgrades outnumbering upgrades, according to the rating agency

Crisil downgrades Indian Bank's tier I bonds on lower reserves position

Crisil evaluated the adequacy of Indian Bank's eligible reserves to service coupon after adjusting for any medium-term impact of profitability on reserves position in a stress scenario

CRISIL reaffirms A1-plus rating on Rs 100 cr CP of Jubilant FoodWorks

These rating strengths are partially offset by the weaker performance of the doughnuts division (Dunkin Donuts) and susceptibility of profitability to competitive intensity and cost pressures

Here are the rating agencies' forecasts on India in the last 2 months

Amid the coronavirus pandemic, the pace of credit rating downgrades has accelerated with average monthly downgrades increasing by 22 per cent in the past few months, ICRA said in a report

Crisil revises ratings outlook on Hindalco to stable from positive

Debt-funded Aleris purchase, likely moderation in operating profits amid Covid-19 could push up debt/EBITDA ratio

RBI's EMI moratorium could give Rs 2.1 trn liquidity to companies: Report

'Sectors with higher leverage will be major beneficiaries'