RBI warns lenders against getting ratings from BrickworkThe instructions regarding the prudential treatment of the existing ratings issued by the rating agency shall be advised separately,” RBI s...
13 Oct, 2022, 06.57 AM IST
Sebi's order to shut Brickwork Ratings down may impact ARCsLenders that have sold loans to ARCs against SRs fear that the rating companies that will take on the Brickwork business may lower ratings ...
10 Oct, 2022, 12.24 AM IST
Sebi rejects Brickwork's settlement applicationThe Securities and Exchange Board of India (Sebi) has rejected the settlement application of Brickwork Ratings India for allegedly violatin...
13 Oct, 2021, 12.07 PM IST
MSME loans risky even as banks transmitted rate cuts the most"Despite the restructuring, however, stress in the MSME portfolio of PSBs remains high" noted RBI's latest financial stability report (FSR)...
19 Jul, 2021, 06.12 PM IST
Indicators point to economic recovery, but recouping may be fragile: ReportIt estimated that the economy is likely to contract by 13.5 per cent in the second quarter (July-September), and the contraction in FY21 (A...
17 Oct, 2020, 01.42 PM IST
RBI norms may put a Rs 35,000 crore hole in banks’ profitsThe rating agency has said that these new norms could severely pinch banking sector.
17 Apr, 2020, 09.43 PM IST
SFIO asks rating companies to share info on fees given by IL&FSThe Securities and Exchange Board of India and the Enforcement Directorate are among other entities probing the rating companies in the IL&...
20 Sep, 2019, 07.59 AM IST
Regulator steps up pressure on Brickwork and CARE RatingsCARE Ratings has asked its managing director and CEO Rajesh Mokashi to go on leave.
09 Sep, 2019, 09.05 AM IST
Coffee Day new management to offer more shares as collateralStock fell 60% in the past 4 trading sessions; in some cases, the cover has slipped below the investment value
06 Aug, 2019, 10.10 AM IST
Icra, Care question Grant Thornton's report on IL&FSSeparately, another credit rating firm Icra has said the report "ignores" the alleged fraud perpetrated by former IL&FS management.
22 Jul, 2019, 08.35 PM IST
Grant Thornton submits forensic audit to IL&FS managementThe Uday Kotak-led board of the group had appointed Grant Thornton to conduct forensic audit.
19 Jul, 2019, 03.25 PM IST
IL&FS case: Ratings were allegedly doctored by agencies, says Grant ThorntonGrant Thornton in its report pinpoints a Real Madrid match, property deal and contribution to a trust.
19 Jul, 2019, 09.12 AM IST
Reliance Capital shares jump 6% after a 3-day slideIn last three sessions, the stock had come off 26 per cent.
23 Apr, 2019, 03.53 PM IST
Reliance Capital shares rise 5% post Q3 earningsReliance Capital’s Q3 standalone profit jumped eightfold to Rs 213 crore.
09 Feb, 2018, 01.56 PM IST
Bhushan Steel slips 5% on rating downgrade; down 60% since AugustBhushan Steel is having a hard time convincing its lenders that it can pay off its debt after its MD was arrested in a bribery case last we...
18 Aug, 2014, 10.28 AM IST
Bhushan Steel sees sharp credit ratings downgrade by CARE, Brickwork in 2014Rating agency CARE downgraded it six notches in two months and Brickwork Ratings scaled it down 16 notches in five months.
18 Aug, 2014, 03.00 AM IST
Realty stocks take a hit on Hubtown, HDIL downgradesHDIL, however, has not accepted the downgrade as has asked CARE to review and restore the rating while reiterating its strong performance.
21 Mar, 2013, 09.39 AM IST