April 02, 2020 4:42 pm
There is little scope for optimism in FY21, due to the overhang of the COVID-19 crisis, Crisil said.
March 19, 2020 5:11 pm
"I wish to advise that I have decided to accept a full time executive role as chairperson and CEO for the India operations of Salesforce, USA. Accordingly, I need to discontinue my existing non-executive assignments," Bhattacharya said in her resignation letter to the board of directors.
March 07, 2020 4:06 am
“There could also be a marginal uptick in delinquencies in retail loans of banks and non-banks, specifically because of customers who have linked their repayments to their deposit accounts in Yes Bank,” Crisil said.
January 28, 2020 4:29 am
While Crisil has downgraded non-convertible debentures of Vodafone Idea to ‘Crisil BB’ from ‘Crisil BBB-’, India Ratings & Research downgraded long-term issuer rating of the company to ‘IND BBB-’ from ‘IND BBB’.
December 20, 2019 11:15 am
In a regulatory filing, Crisil said that it has received board of directors approval for the acquisition of Greenwich Associates LLC and its subsidiaries.
December 02, 2019 2:43 pm
Growth in the second half of 2019-20 will go up to 5.5 per cent, up from the 4.75 per cent in the first half, rating agency Crisil said.
November 18, 2019 6:01 pm
Launched in early 2016, the model had expedited road construction schemes and resulted in the execution of a large number of projects.
October 02, 2019 3:00 am
Somasekhar Vemuri, senior director, Crisil Ratings, said, “Across rating categories, entities with higher leverage saw more downgrades as pressure from the demand slump intensified."
August 02, 2019 4:59 am
The slowdown would be pronounced in the first half, while the second half should find support from expected monetary easing, consumption, and statistical low-base effect, Crisil said at the releaseof its report on India’s FY20 outlook titled ‘Uphill Trek’.
June 26, 2019 1:26 am
According to the agency, public sector banks, which account for over 80 per cent of the NPAs in the system, alone could see gross NPAs climb down over 400 bps to approximately 10.6 per cent by March 2020, from a peak of 14.6 per cent in March 2018.