Enough has been written on the jobless growth that India has been witnessing for years, largely due to the capital intensive nature of production—analysis by Crisil of NSS data showed that while 52 million non-agriculture j
Shares of Crisil gained over 10 per cent in the early trade on Wednesday after the rating agency on Tuesday posted 39.56 per cent rise in consolidated net profit at Rs 78.60 crore for the first quarter ended March 31.
Credit rating agency CRISIL on Thursday downgraded the debt instruments of eight public sector banks (PSBs) – Bank of India, Central Bank of India, Corporation Bank, Dena Bank, IDBI Bank, Indian Overseas Bank, Syndicate Ban
Regional connectivity scheme (RCS), as proposed in the draft aviation policy, is a big negative for the heavily indebted and loss-making airlines as it would cap fares on regional routes, says a report.
Crisil report says for every 25 bps cut in deposit rates, banks could see a decline of R5,000 crore in a year. The adoption of the marginal-cost-of-fund method to calculate base rates will lower lending rates by 50 bps, hitti
With demand for loans not showing any signs of pick-up, the growth in non-food bank credit offtake has fallen further to 8.4 per cent in June 2015 as compared with the increase of 13.0 per cent in June 2014.
Rating agency Crisil today painted a gloomy picture on the earnings front, saying India Inc would be reporting poor numbers yet again for the first quarter on soft commodity prices, weak growth and subdued rural demand.