Page 7 - Crisil

Barely 1% of investment-grade firms keen on RBI's loan recast 2.0: Crisil

Of those inclined to seek restructuring, 95% are sub-investment grade; Crisil qualified views by saying these are preliminary readings from its survey

Discom losses to be 40% above pre-pandemic levels: Crisil

Cash losses of power distribution companies (discoms) will remain elevated at around Rs 46,000 crore this fiscal or 40 per cent higher than the Rs 33,000 crore seen in the pre-pandemic levels of fiscal 2020, Crisil Ratings has said.This is because revenues will remain constrained as demand from high-paying, commercial and industrial (C & I) consumers have been lower than seen during pre-pandemic period, while tariff hikes have been inadequate.Costs are also likely to surge primarily because of higher interest burden because of ballooning debt. A study of 34 state discoms (from 15 states) which account for over 80 per cent of India's power demand shows as much.The nationwide lockdowns imposed in the first half of the last fiscal brought C & I activities to a standstill and evaporated an estimated quarter of demand from high-paying C & I consumers for the full fiscal 2021 as compared to fiscal 2020.Ankit Hakhu, Director of Crisil Ratings, said while industrial demand will ...

Auto loan firms hope for better after suffering in rural India's Covid pain

NBFCs and banks reported a rise in loan defaults when the pandemic's second wave hit the hinterland

As businesses set up online modes, cash flows become less prone to turmoil

Non-banking financial companies have been also reworking their collection process since the onset of the pandemic by increasingly adopting electronic modes

ESG factors now part of lending decision by top banks globally: Crisil CEO

ESG will play an even bigger role in decision making both on the issue side as well as the investor side in the longer-term, says Ashu Suyash

Borrowing cost up 1.2-1.5% for small finance cos despite liquidity: Crisil

The second Covid-19 wave has likely intensified the pressure points

Stressed steel plants acquired via IBC seeing faster turnaround: CRISIL

The steel plants acquired via IBC process include Bhushan Steel, Essar Steel, Electrosteel Steels, Monnet Ispat & Energy Ltd and Bhushan Power & Steel

Securitised pool collection ratios dip during second Covid wave: Crisil

Rating agency Crisil Ratings Wednesday said collection ratios in securitised pools have seen a dip during the second wave of the Covid-19 pandemic.

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

KNR Constructions gains 5% as CRISIL revises rating outlook to positive

CRISIL Ratings revised its outlook on the long-term bank facilities of the company to 'Positive' from 'Stable' and reaffirmed the rating at 'CRISIL AA-'

Liquidity buffer of NBFCs has improved over last year, says Crisil

But the pace of improvement in collection efficiency, the third of the wave of the pandemic, and access to funds need to be closely monitored, rating agency says

Fund Pick: Why Aditya Birla Sun Life Corporate Bond Fund is a winner

The month-end assets under management of the fund rose to Rs 24,669 crore in May 2021 from Rs 15,654 crore in June 2018.

Cosmo Films hits new high on strong earnings, rallies 69% in three months

During FY21, Cosmo Film's PAT more than doubled (up 110 per cent up from FY20) on the back of higher speciality sales, better operating margins, and an uptick in performance by subsidiaries

Traffic on national highways back to April level, shows CRISIL data

Traffic in April on the national highways witnessed a 15 per cent decline to 160 million toll-paying vehicles against 190 million in March

Crisil downgrades BHEL credit rating on long-term bank facilities

The rating on short-term facilities has been reaffirmed at A1-plus.

30-day overdues in microfinance loans may double to reach 14-16%: Crisil

Collection efficiency of MFIs likely to drop to 75-80% in May, from 90-95% in March, creating asset quality pressures

Crisil assigns 'highest' corporate governance rating to Bharti Airtel

Around 2.07 p.m., its shares on the BSE were trading at Rs 542.50, lower by Rs 2.55 or 0.47 per cent from its previous close.

Fund Pick: Why Aditya Birla Sun Life Savings Fund is a category winner

Rs 1,00,000 invested on April 15, 2003 (inception of the fund) would have grown to Rs 3,81,800 at (7.66% CAGR) on June 02, 2021 compared with Rs 3,41,750 (7.01% CAGR) for the peer group

Large steel mills grow larger on improved supply-chain efficiencies: Crisil

Market share gain, deleveraging makes room for capex revival

Crisil cuts FY22 growth projection to 9.5% on hit to pvt consumption

The economy had contracted by 7.3 per cent in FY21.