Crisil Report

Gross NPAs of banks may reduce to 8% by March 2020 on higher recoveries, slowdown in fresh bad loans: Report

Higher recoveries and slowdown in fresh bad loans are likely to reduce banks non-performing loans (NPAs) to nearly 8 percent by March 2020, says a report

Govt plans to add over 78,000 petrol pumps is uneconomical, will only cut into each other's sale: Crisil report

The government plan to more than double the number of petrol pumps in the country does not make economic sense as more number of outlets would only cut into each other's sale, leading to some unprofitable, Crisil Research said in a report on Thursday

US visa rules to hit IT companies' profits, margins in current fiscal: Crisil report

Profitability of IT companies is set to be impacted by adverse policies like the one on H1-B visas in the key US market, with margins estimated to narrow by up to 0.80 percent in 2019-20, a report said on Monday

NPA to improve 180 bps to 8.5% this fiscal on public sector banks revival: Crisil report

Systemwide bad loans will improve by 180 basis points to 8.5 percent in March 2020 from FY19 levels on slower slippages, and the state-run banks will turn profitable for the first time in four years, says Crisil report

India's GDP growth may improve to 7.3% in FY20 on normal monsoon, political stability post general elections: Crisil

India's growth rate is likely to inch up to 7.3 percent in 2019-20, provided that there are normal rains and a stable political outcome of the general elections, Crisil Ratings said on Wednesday

Twelve states failed on job creation despite faster growth than GDP in FY18; Gujarat, Karnataka among top performers: Crisil

Though twelve states grew faster than the nation last fiscal, growth has not been equitable

Solar projects worth Rs 28,000 cr face viability risk on falling rupee, says Crisil report

According to the Crisil, these Rs 28,000 crore worth of solar power capacities include 5,500 MW of projects bid out in the past nine months at very low tariffs of Rs 2.75 per unit or less.

Private investments plunge to 25% in FY18; fall 1200 bps from FY08 high: Crisil report

Private investments, which averaged 37 percent between fiscals 2008 and 2013, fell by 600 basis points (bps) between fiscals 2013 and 2017 to 31 percent, which fell a steep 600 bps further to 25 percent in FY18, as a plethora of stalled projects and stressed assets dampened investor interest and risk appetite.

Unsecured bank loans rose four-fold between FY15 & FY18 on higher discretionary spending, lower interest rates: Crisil

Unsecured loans are the loans where individual exposures are smaller and more distributed and given without any collaterals but banks get higher margins. Typically personal loan, education loans and credit card spend fall under this category of loans

NCLT resolution to settle over Rs 1.6 lakh cr of debt in steel sector: Crisil report

Resolution of insolvency cases in NCLT against the stressed steel companies will settle over half of steel sector's outstanding debt of Rs 3.26 lakh crore, and consolidate the sector further, said a Crisil report