Crisil News

Crisil report: ‘In FY19, airlines likely to post steepest losses in a decade’

While pitching for a 12 per cent hike in airfares to offset the increased costs, the report forecast debt liability of three listed airlines to go up by 10 per cent by FY19.

Maharashtra: Profits of multiplex industry to dip by Rs 100 crore, says rating agency CRISIL

Earlier this month, Maharashtra government announced that there would be no difference in the MRP of food products sold outside and inside multiplexes in the state and viewers will be free to carry their own eatables inside the multiplex.


Unsecured bank loans rise four-times in FY15-18: Crisil

Growth in unsecured loans is on account of a surge in discretionary spending, increased availability of customer data, faster disbursements driven by technology, and lower interest rates in some segments.

Provisioning norms: Banks may get Rs 27,000-crore breather on RBI move, says Crisil

“Accounting for the MTM losses over four quarters would mean nearly Rs 8,000 crore provisioning relief including write-backs for banks in the last quarter of fiscal 2018," Crisil director Rama Patel said.

Delinquencies in HFC home loans to self-employed rise: Crisil

For HFCs, loans to self employed borrowers have increased to 30 per cent of their overall home loan portfolio.

Crisil’s GDP forecast for 2018-19: ‘In achieving 7.5 per cent growth, NPA resolution and reforms to play key role’

On February 28, the Central Statistics Office (CSO) said that the India's GDP grew at the fastest pace in five quarters at 7.2 per cent during October-December on the back of sharp pick-up in the services sector and a rebound in agriculture and manufacturing.


Interview with Ashu Suyash: Fiscal slippage a worry despite push for inclusion, rural growth

Reducing the corporate tax rate for companies with turnover of up to Rs 250 crore should be seen a progression towards the next step: Ashu Suyash.

High level of stressed assets continues to choke economy: Crisil

The credit ratio stood at 1.59 times and the debt-weighted credit ratio at 1.94 times, indicating that the trend of recovery in credit quality has sustained for a year now.

Payment failure: Crisil cuts JSPL rating to ‘default’

Debt worth Rs 32,638 crore has been lowered. This includes Rs 14,199 crore of term loans, and Rs 6,860 crore of short-term and long-term loan facilities, among other instruments.