Crisil Ratings

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Cheaper gas to cut urea subsidy bill; to boost profitability of urea makers: CRISIL Ratings
Business

Cheaper gas to cut urea subsidy bill; to boost profitability of urea makers: CRISIL Ratings

Profitability of urea makers is likely to surge due to reimbursement of additional fixed cost, as cheaper gas will reduce urea subsidy bill by Rs 12,000 crore, according to a report

RBI 3-month EMI moratorium could provide Rs 2.1 lakh cr liquidity to companies: CRISIL Ratings
Business

RBI 3-month EMI moratorium could provide Rs 2.1 lakh cr liquidity to companies: CRISIL Ratings

The Reserve Bank of India's three-month suspension of EMIs could provide a liquidity breather of Rs 2.10 lakh crore if all corporates avail it, says a report

FMCG sector to expand at 9% in current year, growth to improve next year: CRISIL report
Business

FMCG sector to expand at 9% in current year, growth to improve next year: CRISIL report

The Rs 4-lakh crore FMCG sector will close fiscal 2020 with a 9 percent growth, down 4 percentage points and a jump in rural buying will lift the same to 11 percent in fiscal 2021, a report said on Tuesday

Profitability of domestic hospital sector to improve in FY20, FY21 driven by Ayushman Bharat, expansion in smaller towns: Crisil
Business

Profitability of domestic hospital sector to improve in FY20, FY21 driven by Ayushman Bharat, expansion in smaller towns: Crisil

Even as revenue growth is set to increase to 14-15% over fiscals 2020 and 2021, operating profitability of hospital firms is also expected to improve to 16% over this period, Crisil said.

Bank of Baroda, Dena, Vijaya Bank merger to up operating efficiencies of new entity: Crisil Ratings report
Business

Bank of Baroda, Dena, Vijaya Bank merger to up operating efficiencies of new entity: Crisil Ratings report

Crisil Ratings in its report said the success of the three-way merger will be crucial as it will pave the revival path for other weak public sector banks (PSBs)

NPAs to touch 10.5% by March as banks recognise entire stress
Business

NPAs to touch 10.5% by March as banks recognise entire stress

The 9.5 percent NPA figure for March 2017 includes only two-thirds of the overall stressed assets, Crisil said

Rescuing state discoms: UDAY can indeed bring a new dawn; but will states let it rise?
Business

Rescuing state discoms: UDAY can indeed bring a new dawn; but will states let it rise?

It will be interesting to see if state governments go beyond scoring political points and implement UDAY in spirit

Shriram Transport Finance to raise Rs 600 crore from NCDs
Business

Shriram Transport Finance to raise Rs 600 crore from NCDs

Non-banking finance company Shriram Transport Finance Company (STFC) announced plans to raise Rs 600 crore through secured non-convertible debentures.

Corporate default rate hits 10-year high: Crisil
Business

Corporate default rate hits 10-year high: Crisil

Indian Inc will remain vulnerable to more debt restructuring and defaults in 2013 due to poor growth in the eurozone.Another reason for declining financial discipline among companies would be lowered profitability.