| Date | Title | Description |
| 12.12.2024 | The Tightening Grip of Liquidity: A Look at India's Banking Landscape | In the intricate dance of finance, liquidity is the lifeblood. It flows through the veins of the banking system, nourishing growth and stability. However, recent trends indicate a tightening grip on this essential resource. As we approach m... |
| 11.12.2024 | Banking system’s credit growth in Oct 2024 moderated due to higher base effect, RBI measures on risk weights: CARE Ratings | Higher base effect, RBI measures such as higher risk weights, the proposed liquidity coverage ratio (LCR) norms, and a focus on managing the Credit-Deposit (CD) ratio moderated the banking system’s non-food credit offtake in October 2024, a... |
| 11.12.2024 | Liquidity in the banking system gradually tightening | Liquidity in the banking system is gradually tightening in the run-up to the mid-month outflows on account GST and advance tax payments.
This is underscored by the demand for funds at the RBI’s variable rate repo (VRR) auction window. The c... |
| 06.12.2024 | NHAI Set to Launch Green Bonds Valued at Rs 10 billion | ROADS & HIGHWAYS NHAI Set to Launch Green Bonds Valued at Rs 10 billion
06 Dec 2024 2 Min Read CW Team
Reiterating its commitment to promote environment sustainability and development of green highways, National Highways Authority of In... |
| 29.11.2024 | Non-food credit growth slows down in October 2024 | The economy seems to be witnessing a slowdown in credit demand, going by RBI’s data on Banks’ non-food credit growth in October 2024.
Banks’ non-food credit growth increased at a slower clip of 12.8 per cent year-on-year (y-o-y) in October ... |
| 25.10.2024 | ESAF Small Finance Bank Scores High in ESG Rating Under SEBI Framework | Mumbai, Maharashtra, India
ESAF Small Finance Bank Ltd. has achieved an impressive score of 68.1 in an ESG RATING conducted by CARE ESG RATING, based on the SEBI-approved framework. By significantly ahead of the industry average of 51.8, th... |
| 23.10.2024 | SBI raises ₹5,000 cr via AT-I bonds at 7.98% | State Bank of India (SBI) raised ₹5,000 crore through Basel III compliant Additional Tier 1 (AT-1) bond issuance on Wednesday at a coupon rate of 7.98 per cent. This is the bank’s first AT-1 bond issuance in the current financial year.
The ... |
| 04.10.2024 | CareEdge Ratings Takes a Bold Step into Global Sovereign Ratings | In a significant move, CareEdge Ratings has entered the realm of Global Scale Ratings, marking a pivotal moment for India's financial landscape. This first-of-its-kind initiative positions CareEdge as a trailblazer among Indian credit ratin... |
| 04.10.2024 | Campus Activewear and CareEdge Ratings: A Tale of Growth and Innovation | In the bustling world of business, two stories emerged recently, each reflecting a unique journey of growth and innovation. Campus Activewear, a titan in India's athleisure market, has teamed up with actor Vikrant Massey to launch its Autum... |
| 04.10.2024 | CareEdge announces entry into Global Scale Ratings with launch of Sovereign Ratings for 39 Countries | First Indian credit rating agency to enter the Global Scale Ratings with launch of CareEdge Global IFSC Ltd.
Unveiled CareEdge Report on Sovereign Ratings of Global Economies
MUMBAI, India, Oct. 4, 2024 /PRNewswire/ -- CareEdge Ratings, Ind... |
| 03.10.2024 | CARE Improved IDFC First Bank Ratings | Mumbai, Maharashtra, India
IDFC First Bank declared to exchange that Pursuant to Regulation 30 of the SEBI Listing Regulations, we wish to inform that CARE Ratings Limited (“CARE”) has re-affirmed the existing rating of the Bank’s long-term... |
| 26.09.2024 | KEC International Shares Jump After Bagging Rs.1,003 Crore Orders
Green Fortress
Relief for Birlas and cement company directors
Metro extension work between Badi Chaupar and Transport Nagar halted | ECONOMY & POLICY KEC International Shares Jump After Bagging Rs.1,003 Crore Orders
26 Sep 2024 1 Min Read CW Team
Shares of KEC International surged by 3.12% to ?972.15 on the BSE during intraday trade on Monday, following the announcem... |
| 18.09.2024 | Shriram group believes ‘retail ARC’ is a blue ocean, kicks-off with ₹300-cr investment | The Shriram group is just one “final approval” away from kicking-off its Asset Recovery Company with a ₹300-crore investment and is quite gung-ho about the prospects. The final approval is awaited from the Reserve Bank of India.
Subhasri Sr... |
| 18.09.2024 | SBI mops up ₹7,500 cr at 7.33% via tier-2 bond | State Bank of India (SBI) raised . ₹7,500 crore on Wednesday at a coupon rate of 7.33 per cent through its second Basel III compliant Tier-2 bond issuance for the current financial year.
The coupon rate is nine basis points lower than the f... |
| 18.09.2024 | Banks’ CASA ratio may fall further as companies, govt cash management skills improve: SBI Chairman | The enhanced cash management efficiency of government and corporates could lead to a further moderation in banks’ low-cost current account and savings account (CASA) ratio, State Bank of India (SBI) Chairman, C.S. Setty, said.
“The pre Covi... |
| 13.09.2024 | This Onam Secure Funds to Manage Expenses Effortlessly with Bajaj Finserv Gold Loan | Pune, Maharashtra, India
With Onam around the corner, many people are gearing up for celebrations and planning how to make the most of the festive season. Amid the excitement of buying gifts, preparing special meals, and decorating homes, m... |
| 31.07.2024 | Bank credit growth slows to 13.9% in June on higher base effect and focus on managing CD ratio | Bank credit growth slowed to 13.9 per cent in June 2024 compared to 16.3 per cent a year ago due to an unfavourable base effect even as the increase in risk-weights on unsecured consumer credit and bank credit to NBFCs in November 2023 cont... |
| 17.07.2024 | Deposits see higher inflows compared to credit offtake in June 28 fortnight: CARE Ratings | Bank credit growth (excluding the impact of HDFC’s merger with HDFC Bank) slowed to 13.8 per cent year-on-year (yoy) for the fortnight ended June 28, 2024, compared to 16.2 per cent growth recorded last year, due to a drop in credit demand,... |
| 28.06.2024 | India Shelter Finance Corporation Ltd. Lauded with CARE AA-/Stable Rating by Care Edge: Solidifying Leadership in Affordable Housing Finance | New Delhi, Delhi, India
India Shelter Finance Corporation Limited (ISFCL) is pleased to announce that CARE Ratings Limited has upgraded the credit rating of our Long Term Bank Facilities, amounting to Rs. 1,335.00 crores. The rating for ISF... |
| 29.05.2024 | Are Fixed Deposits a Secure Investment Choice for Indians | Mumbai, Maharashtra, India
In the vast landscape of investment options available to Indian investors, fixed deposits (FDs) have long been considered one of the safest choices. With a reputation for stability and reliability, FDs are favored... |
| 16.05.2024 | DHFL scam decoded: Fake borrowers, shell companies, and billions lost | - |
| 16.05.2024 | SBI deposit rate hike: Competition for mobilising deposits may intensify further | The competitive intensity among banks for mobilising deposits may intensify further, with State Bank of India (SBI) upping retail and bulk term deposit rates in the wake of deposit growth lagging credit growth and banking system liquidity c... |
| 15.05.2024 | Adani Port Talks Remain Stalled
SEBI issues Show Cause to six Adani firms
Adani Ports' Q4 Net Profit Surges 77% to Rs.2014.77 Crore
Adani Ports earns AAA rating
Sindi Dry Port Eyes Bangladesh Exports
... | PORTS & SHIPPING Adani Port Talks Remain Stalled
15 May 2024 2 Min Read CW Team
Negotiations between Adani Ports and striking workers at the Gangavaram Port in Visakhapatnam have reached a stalemate. The workers, who have been protestin... |
| 10.05.2024 | Care Ratings Q4 results: Net profit surges 35% to Rs 34.8 crore | - |
| 03.05.2024 | Adani Ports earns AAA rating | PORTS & SHIPPING Adani Ports earns AAA rating
03 May 2024 1 Min Read CW Team
Adani Ports and Special Economic Zone (APSEZ) announced that it had attained an AAA rating from CARE Ratings. According to APSEZ, this marks the first instance... |
| 29.04.2024 | PNB Housing Finance Q4 consolidated net up 57% at ₹439 crore | PNB Housing Finance Ltd (PNBHFL) on Monday reported a 57.27 per cent increase in consolidated net profit for the quarter ended March 31, 2024 at ₹439.25 crore (₹279.28 crore).
In the December 2023 quarter, consolidated net profit stood at ₹... |
| 18.04.2024 | Care Ratings upgrades Axiscades long-term bank facilities at 'CARE A-' | - |
| 17.04.2024 | Larger banks may look at securitisation route to unlock liquidity | Larger banks may explore securitisation in the current financial year to unlock liquidity and support loan growth in the backdrop of deposit growth continuing to lag credit growth.
So far, non-banking finance companies, including housing fi... |
| 14.04.2024 | IIFL’s gold book could run down in next 2-3 quarters if RBI’s restrictions prolong: CARE Ratings | CARE Ratings has cautioned that if the Reserve Bank of India’s restrictions on IIFL Finance Ltd (IIFL) prolong, its gold book is expected to run down in the next 2-3 quarters.
Gold loans constituted about 79 per cent of the non-banking fina... |
| 07.04.2024 | Public-sector banks may be allowed to transfer unclaimed shares to IEPF | The finance ministry is considering amending the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970, which governs public sector banks (PSBs), to make suitable provisions for allowing PSBs to transfer shares to the Inves... |
| 04.04.2024 | Securitisation volumes for FY24 grows 4% to ₹1.88-lakh crore: ICRA | The overall securitisation volumes for FY24 grew 4 per cent year-on-year (y-o-y) to ₹1.88-lakh crore despite the exit of the previous year’s largest originator — HDFC, following its merger with HDFC Bank, according to ICRA.
The securitisati... |
| 01.04.2024 | PNB Housing Finance gets three credit rating upgrades in a quarter | PNB Housing Finance, a home loan provider focused on the retail segment, on Monday said it has secured credit rating upgrades thrice in a single quarter.
This has been achieved in the just ended fourth quarter of fiscal 2023-24.
India Ratin... |
| 01.04.2024 | PNB Housing Finance stock rises 19.11% on the first trading day of FY25 | The stock of PNB Housing Finance Ltd rose sharply by 19.11 per cent to close at Rs 749.55 per share on BSE on the first trading day of the new financial year (FY25).
Analysis of the share price trend on BSE showed that PNB Housing share has... |
| 01.04.2024 | PNB Housing Fin soars 15% on multiple rating upgrades; check details here | Shares of PNB Housing Finance soared 14.5 per cent to Rs 720.4 per share on the BSE in Monday's intraday deals amid a slew of credit rating upgrades by rating agencies. At 10:08 AM, the shares were quoting 13.2 per cent higher at Rs 712.4 a... |
| 30.03.2024 | India's forex reserves rise by $140 mn to hit fresh peak of $642.63 bn | India's forex reserves increased by $140 million to touch its all-time high of $642.631 billion during the week ended March 22, the Reserve Bank said.
This is the fifth consecutive week of a jump in the overall reserves. The kitty had incre... |
| 13.03.2024 | Costlier food keeps retail inflation elevated in Feb; Jan IIP growth eases | High food prices kept the retail inflation rate above 5 per cent in February while growth in industrial production eased in January, led by deceleration in the growth of manufacturing output.
The data released by the National Statistical Of... |
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| 14.09.2021 | Clix Capital's urge to be a bank must be too intense for it to merge with Suryoday | As part of the merger, Clix Capital Services will also need to take on Suryoday Small Finance Bank’s gross bad loans worth ₹381 crore. That's nearly a quarter of Clix Capital’s own net worth.
Both the entities are into completely different ... |
| 07.09.2021 | General Announcement::CARE Ratings Action | AXIS/CO/CS/268/2021-22 7th September 2021 The Chief Manager, The Senior General Manager -
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| 04.08.2021 | General Announcement::Affirmation of Ratings Upgradation in Rating Outlook by CARE Ratings | I t�I it" ( :a na ,,cl l-cl11 k �
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| 03.06.2021 | Explained: Rural India played the economy’s ‘saviour’ in 2020-21. Can it do so again? | 2020-21 saw the Indian economy register its worst-ever contraction since Independence and also the first since 1979-80. The National Statistical Office has, in its Provisional Estimates released on May 31, pegged the growth in real gross va... |
| 12.04.2021 | Insolvency resolution improves during Covid period: CARE Ratings | ECONOMY & POLICY Insolvency resolution improves during Covid period: CARE Ratings
12 Apr 2021 CW Staff
Insolvency cases have steadily grown over the past four years, and the trend continued over the first three quarters of the Covid-str... |
| 27.02.2021 | GDP growth in Q3 shows V-shaped growth | ECONOMY & POLICY GDP growth in Q3 shows V-shaped growth
27 Feb 2021 CW Team
The Indian economy emerged from recession and returned to growth in the quarter of October-December 2020, following two successive quarters of contraction in gr... |
| 26.05.2020 | IIFL : SE Errata - Board Meeting May 28, 2020 | May 23, 2020
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| 04.03.2020 | India’s Economy Feels The Pain Of The Coronavirus Outbreak In Neighboring China | Exhibitors and officials wearing protective facemasks attend the Auto Expo 2020 at Greater Noida on ... [+] the outskirts of New Delhi on February 5, 2020. (Photo by MONEY SHARMA/AFP via Getty Images)AFP via Getty Images |
| - | BYJU’S Acquires Osmo For $120 Mn To Drive International Expansion Plans | Bengaluru-based edtech unicorn BYJU’S has announced the acquisition of US-based learning platform Osmo for $120 Mn (INR 854 Cr) as it looks to expand internationally.
Founded by Pramod Sharma and Jerome Scholler in 2013, Osmo produces augme... |
| - | BYJU’S Upward Revenue Trend Gives Fillip To India’s Edtech Sector | Think & Learn Pvt Ltd-owned edtech unicorn BYJU’S has posted a revenue of $69.4 Mn (INR 490 Cr) for the FY 2017-18, a 97% jump since FY 2016-17, according to financial data reviewed by business intelligence platform, Tofler.
According t... |
| - | Apis Partners announces second investment of AGF II into leading Indian infra lender L&T-IDF | L&T Finance Holdings and Apis Partners announce equity investment of up to US$ 110 million by Apis Growth Fund II[1] into L&T IDF, a leading infrastructure refinancing firm in India |