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Can Narendra Modi cure public sector banks' 'begging bowl syndrome'?

Jul 21, 2016

Can Narendra Modi cure public sector banks' 'begging bowl syndrome'?

The major reason for the current NPA (Non-performing Assets) mess in these banks is their lack of efficiency in credit appraisal process and careless lending practices to grow their loan books. #Economy #RBI #Narendra Modi #State Bank of India #SME #Icra #Raghuram Rajan #Nandan Nilekani #public sector banks #Fitch ratings #Basel III #PSBs #upi #begging bowl syndrome #public bank credit profiles #Aadhaar Bank
As WPI inches ahead, toll-based road projects to see higher revenues in FY18: ICRA

Jul 18, 2016

As WPI inches ahead, toll-based road projects to see higher revenues in FY18: ICRA

ICRA estimates the average increase in WPI for 2017 to be around 3 percent #WPI #Icra #rating agency #toll roads
Better monsoon to push rural demand, help fiscal health: Icra

Jul 06, 2016

Better monsoon to push rural demand, help fiscal health: Icra

Food inflation is expected to dip as the monsoon progresses, mainly on higher kharif acreage and lower prices of perishables following a decline in temperature, it said. #NewsTracker #Icra #Monsoon #MGNREGA #kharif #Seventh Pay Commission
Improving monsoon spread to boost rural demand, help states' fiscal health: Icra

Jul 06, 2016

Improving monsoon spread to boost rural demand, help states' fiscal health: Icra

The higher kharif or summer crop acreage will also help cool down inflation, said Icra #Icra #Monsoon #Seventh Pay Commission #fiscal health
Airbag industry in India to reach Rs 2,000 crore by 2019

Jun 10, 2016

Airbag industry in India to reach Rs 2,000 crore by 2019

New safety standards by the Indian government to boost airbag and ABS industry #Icra #safety standards #airbags industry
PSBs to see rating revisions on bad loan woes and deteriorating credit profile, says Icra

Feb 20, 2016

PSBs to see rating revisions on bad loan woes and deteriorating credit profile, says Icra

Higher level of stress is likely to significantly impact earnings and solvency profile of PSBs over the next 2-3 years, Icra said #Icra #bad loans #Tier 1 capital #Oriental Bank of Commerce #capital infusion #Government Banks #credit profile #ratings firm
Why UDAY, 7th Pay Commission are ticking time bombs on states' finances

Jan 30, 2016

Why UDAY, 7th Pay Commission are ticking time bombs on states' finances

What will the double whammy of the UDAY (Ujwal Discom Assurance Yojana), the central government’s financial turnaround scheme for state power distribution companies, and pay revisions of government employees do to the finances of state governments? #GDP #fiscal deficit #Icra #power sector #discoms #Piyush Goyal #7th Pay Commission #State Finances #GSDP #UDAY #SDL
Fiscal deficit equation won't change India's sovereign ratings, says Moody's

Jan 14, 2016

Fiscal deficit equation won't change India's sovereign ratings, says Moody's

Finance Minister over the weekend reiterated his commitment to meet the budgeted 3.9 percent of fiscal deficit target in 2015-16 #Inflation #GDP #Moody's #fiscal deficit #Icra #Finance Minister Arun Jaitley #tax mop-up
Sustained growth can help pharma industry touch Rs 4 lakh cr in next 4 years:Ananth Kumar

Jan 13, 2016

Sustained growth can help pharma industry touch Rs 4 lakh cr in next 4 years:Ananth Kumar

Kumar added that government is aiming to increase the pharma sector growth rate by at least another one or two percent #GDP #Ananth Kumar #Icra #Pharma sector #sunrise industry #bulk drugs parks