Page 6 - India Ratings

Banks may restructure Rs 8.4 tn loans as economy sputters: India Ratings

A high proportion of the debt from the real estate, airlines, hotels and other consumer discretionary sectors is likely to be restructured

Domestic coal demand may be subdued in Q2 on lower demand: Report

Demand for domestic coal is likely to be subdued in the second quarter of the current financial year, due to lower demand from end-user industries

Rise in fiscal deficit likely to impact construction sector this yr: Report

The agency had recently noted that the fiscal deficit of central and state governments will come at 12.1 per cent with the states contributing 4.5 per cent of it

India Ratings and Research upgrades Runaya Refining outlook to positive

Runaya Refining LLP on Tuesday said India Ratings and Research has upgraded the outlook on the company to positive from stable.

Sugar production to increase to 30.5 million tonnes in 2020-21: Ind-Ra

Ind-Ra said it expects sugar production to increase to 30.5 million tonnes in SS21, factoring in a cane diversion equivalent to 1.5 million tonnes of sugar

Imperative for banks to expand balance sheets: India Ratings report

The RBI's conscious steps to reduce the repo rate have also lowered the marginal cost of fund-based lending rate across banks, ratings agency said

Banks need to expand balance sheets, revive credit offtake: Report

The RBI's conscious steps to reduce the repo rate have also lowered the marginal cost of fund-based lending rate across banks, ratings agency India Ratings and Research said

India Ratings downgrades GoAir's debt, highlights liquidity concerns

Agency expects sharp decline in GoAir's revenue and operating margin in FY21; Airline's net loss estimated at Rs 1,346 cr in FY20 as against Rs 123 cr profit in FY19

Bankers divided on extending moratorium, fear potential spike in bad loans

Without regulatory intervention, slippages could surge 300 bps

Market Ahead, June 25: Top factors that could guide markets today

A total of 147 companies, including Apollo Hospitals, Ashok Leyland, and Bank of India are scheduled to announce their quarterly results today

Market Ahead, June 10: Top factors that could guide markets today

The SGX Nifty is indicating an open at around 10,100 mark for the broader index

RBI repo cuts not effective any longer? They seem to have lost their sting

In 12 months, bond yields are down 100 bps, against 200-bps cut in repo

E-way bills in May treble from April levels; Still behind pre-March levels

This indicates that GST revenue for May, but collected in June, could recover after reporting a close to 85% shortfall in April vis-a-vis last year

Collapse of commercial papers volume puts debt schemes at risk: Ind-Ra

Generally, the daily volume is Rs 10-15,000 crore in CPs in the secondary market

States' aggregate fiscal deficit to rise to 4.5% of GSDP in FY21: Ind-Ra

The agency's earlier forecast was 3%; it says state governments were already facing a lower-than-budgeted share in central taxes and subdued own revenue growth, when the 21-day lockdown was imposed

Rs 90K cr package to provide only temporary relief to discoms: Ind-Ra

Finance Nirmala Sitharaman earlier this month announced Rs 90,000 crore liquidity infusion for discoms, saying that they owe Rs 94,000 crore to power generation companies

Market Ahead, May 22: Top factors that could guide markets today

A total of 25 companies including Alembic Pharmaceuticals, IDFC First Bank, and UPL, are scheduled to announce their March quarter earnings later in the day

Covid-19 crisis: Slippages may jump to Rs 5.5 trillion, says India Ratings

Credit costs could touch Rs 2.7 trillion

Ind-Ra rates Mahindra & Mahindra NCDs 'AAA' with stable outlook

M&M has a diversified business profile with presence across farm equipment, auto and automotive components, defence, information technology, hospitality, steel trading, infrastructure and aerospace

Coronavirus lockdown to delay realty projects, affect sales, says Anarock

India Ratings and Research said on Wednesday that the lockdown imposed by state governments would hit infrastructure construction in the big cities