icra - Latest News on icra | Read Breaking News on Zee News

Near-term challenges for fertiliser sector remain: Report

Last Updated: Thursday, March 27, 2014, 18:58

ICRA Research estimates a relatively moderate overall volume growth in FY15 with imports of non-urea fertilisers expected to grow by 15-20 percent in the next fiscal.

Implementation of tariff hikes will remain limited: ICRA

Last Updated: Friday, March 21, 2014, 23:03

With the general elections round the corner, implementation of power tariff hikes by distribution utilities in FY15 could remain limited across the states, ratings agency Icra said on Friday .

Challenging outlook may continue for cement sector: Icra

Last Updated: Sunday, March 02, 2014, 18:38

"The demand for cement was sluggish during Q2 FY14 - a seasonal phenomenon - due to a slowdown in construction activities during the monsoon season," Icra Senior Vice- President Sabyasachi Majumdar said in a report.

ICRA downgrades United Bank bond's rating on NPA scare

Last Updated: Thursday, February 13, 2014, 20:28

The troubles of United Bank of India (UBI), which saw a massive spike in its bad loans, increased Thursday with ICRA downgrading the rating on the Kolkata-based government lender's tier-II bonds programme.

Higher loan-to-value ratio will help gold loan cos: Icra

Last Updated: Wednesday, January 15, 2014, 19:07

Rating agency Icra Wednesday revised its outlook on gold loan players Muthoot Finance and Manappuram Finance to 'stable' from 'negative', following the Reserve Bank's decision to increase the loan-to-value (LTV) ratios.

Icra sees Q2 GDP growth at 4.6%

Last Updated: Monday, November 25, 2013, 20:01

The economy may have grown 4.6 percent in the second quarter of the fiscal driven by higher industrial growth and pick-up in exports, rating agency Icra said Monday.

Domestic 2-wheeler ind volumes to remain flat in 2013-14: ICRA

Last Updated: Friday, November 01, 2013, 18:15

Over the medium term however, ICRA expects the two-wheeler industry to report a volume CAGR of 8-9 percent to reach a size of 21-22 million units which includes both domestic and exports by 2016-17.

MFIs to grow 30-35% for 3-years: ICRA

Last Updated: Tuesday, October 22, 2013, 22:04

Improved fund availability and significant unrealised potential are likely to help the country's micro finance institutions to grow at an annual rate of 30-35 percent over the next three years, a study said.

Lower spectrum reserve price to reduce one-time payouts: ICRA

Last Updated: Thursday, September 12, 2013, 18:53

Besides, it estimates that the industry may gain Rs 800- 900 crore annually on account of Spectrum Usage Charges.

Mumbai property rates may remain subdued in near future: ICRA

Last Updated: Thursday, September 05, 2013, 19:55

Real estate developers in Mumbai are finding it difficult to increase property prices because of rising inventory levels, subdued demand and uncertain macroeconomic environment, says credit rating agency ICRA.

'But for RBI action, banks would have booked Rs 30K cr MTM loss'

Last Updated: Wednesday, August 21, 2013, 20:54

Ratings agency ICRA on Wednesday said the country's banks were staring at a loss of up to Rs 30,000 crore on mark to market losses if not for the Reserve Bank's relaxations on Tuesday.

CV finance industry to remain in slow lane: ICRA

Last Updated: Friday, August 09, 2013, 22:04

The commercial vehicle finance industry is likely to grow at a slower pace in the near-term, because of higher delinquencies, rating agency Icra said Friday.