Page 13 - Crisil

CRISIL pegs India's FY21 economic growth rate at 1.8% from 3.5%

Its parent Standard & Poor's has (S&P) forecast the world economy to contract 2.4 per cent, against its earlier estimates of 0.4 per cent growth.

Lockdown will dent road contractors' sales, margins: CRISIL SME Tracker

Construction was gathering pace after a protracted monsoon when the pandemic halted all activity

Market Ahead, April 21: All You Need To Know Before The Opening Bell

Today, a total of seven companies, including ACC, CRISIL, Den Networks, and ICICI Prudential Life are scheduled to release their March quarter earnings

Market Ahead, April 20: Top factors that could guide markets this week

Today, IT giant Infosys is scheduled to come out with its Q4 numbers and analysts are penciling in a 1 per cent QoQ hit in its revenue growth in constant currency terms for the quarter

Covid-19 crisis: Each bank to decide on granting moratorium to NBFCs

However, there was no clarity on whether the finance companies that borrow from banks would get the option to delay payments to their lender banks.

MFIs staring at cash shortfall of Rs 2,600 crore in Q1FY21, says ICRA

ICRA has analysed a sample of 29 MFIs, which constitute around 70% of the MFI industry on a portfolio basis

Buses needed as govt frames business rules during coronavirus lockdown

Millions of migrant workers have left cities for their homes during the pandemic.

Trouble for NBFCs

Repayment moratorium should be extended to NBFCs

NBFCs have to repay debt worth Rs 1.75 trillion by June 2020: CRISIL

Many finance companies are already facing a liquidity challenge after the IL&FS debacle.

NBFCs to face liquidity crunch on lack of clarity on RBI moratorium: Crisil

RBI had announced a relief package which included a three-month moratorium on payment of all term loans outstanding as on March 1, 2020

Risks, and some rewards, as India does business in the times of coronavirus

Will China's loss in meeting demand from the US and Europe help Indian businesses like leather, ceramics, and plastics? And if it does, will the gains be sustainable?

CRISIL postpones 33rd AGM due on April 21 amid coronavirus outbreak

The company will announce a new date for the AGM in due course. The e-voting processes for the AGM and the dividend payment date also stand postponed.

Crisil revises rating outlook on Vedanta Ltd to negative from stable

Delay in debt refinancing of Vedanta Resources, higher-than-expected dividends by Vedanta Limited seen as key rating sensitivity factors

Coronavirus outbreak, recession cloud credit quality outlook, says CRISIL

Moody's, too, revises outlook on Indian banks to negative

CRISIL downgrades ratings for SpiceJet to 'B' as business takes hit

Puts ratings for three airports "under watch negative"

Coronavirus impact: Banks seeks RBI's nod to offer relief to borrowers

Moratorium on loans should be offered, say CFOs

Covid-19 to cripple economy: CRISIL cuts FY21 India growth forecast to 5.2%

However, the late Thursday evening forecast from CRISIL is much higher than those from some other analysts

YES Bank plans to raise Rs 20,000 crore through certificate of deposits

CRISIL has assigned 'A2' rating to the programme

BofA, CRISIL cut India growth forecast amid coronavirus outbreak

Crisil had earlier forecast the GDP printing in a 5.7 per cent expansion

Covid-19 pandemic can deal MSMEs a serious blow: CRISIL SME Tracker

The World Health Organisation has declared Covid-19 a pandemic, as more than 114 countries have reported cases of the affliction. This has material implications for the global economy