Tag: ICRA

ICRA Predicts GDP May Bounce Back to over 10 % in FY 22
Finance, InFocus

ICRA Predicts GDP May Bounce Back to over 10 % in FY 22

SMEStreet Edit Desk- January 13, 2021

"We expect a multi-speed recovery in FY2022 with the contact-intensive sectors, discretionary consumption and investment by private sector lagging the rest of economy," said ICRA. Read More

NBFCs Growth to Revive in FY2022: ICRA’s Prediction
Finance, InFocus

NBFCs Growth to Revive in FY2022: ICRA’s Prediction

SMEStreet Edit Desk- January 7, 2021

Accordingly, the ratings agency conducted a survey across non-banks, involving about 60 entities, which together account for over 50 per cent of the sectoral AUM ... Read More

INR 210 Billion Loss Incurred by Aviation Industry in India in FY 21: ICRA
News

INR 210 Billion Loss Incurred by Aviation Industry in India in FY 21: ICRA

SMEStreet Edit Desk- December 5, 2020

ICRA Vice President Kinjal Shah said, "The two listed airlines have together lost Rs 31 crore per day during H1FY2021." Read More

ICRA Predicted Around 20% Shortfall in Air Cargo Volume in FY 21
Logistics, Sectors

ICRA Predicted Around 20% Shortfall in Air Cargo Volume in FY 21

SMEStreet Edit Desk- November 22, 2020

Anupama Arora, Vice President and Sector Head, ICRA Ratings, said: "Despite faster ramp-up, the total cargo volumes declined by 45 per cent YoY in H1 ... Read More

ICRA Predicts Around 25% Drop in Passenger Vehicle Segment
Automotive, News

ICRA Predicts Around 25% Drop in Passenger Vehicle Segment

SMEStreet Edit Desk- October 15, 2020

"The industry segment's fortunes are tied with the GDP growth rates and overall consumer sentiments which are currently at historic lows; this recessionary environment has ... Read More

Electric Vehicles Penetration to Remain Low in Medium Term: ICRA
EcoTech, Energy

Electric Vehicles Penetration to Remain Low in Medium Term: ICRA

SMEStreet Edit Desk- September 22, 2020

The agency said that that battery swapping will face strong resistance from automobile OEMs due to a possible impact on their product differentiation capabilities as ... Read More

ICRA Upgrades Yes Bank’s debt Instrument’s Rating
Banking & Finance, Finance

ICRA Upgrades Yes Bank’s debt Instrument’s Rating

SMEStreet Edit Desk- September 12, 2020

The agency also factored in the improvement in the bank's liquidity position after the stability and subsequent increase in its deposit base. Besides, the bank ... Read More