Fitch affirms Adani Energy Solutions' ratings with ‘Stable’ outlookFitch has affirmed the 'BBB-' ratings on the $400-million senior secured notes issued by Adani Energy Solutions, formerly Adani Transmissio...
India consumption story driving mall operators, warehousing players’ growth, ICRAThough the net absorption was healthy in the first three quarters of this financial year, the vacancy levels rose by 100 bps to 20% as of D...
Indian renewable energy capacity expected to reach 170 GW by Mar ’25: ICRA“The sharp decline in solar PV cell and module prices, abeyance of the ALMM order till March 2024, and the timeline extension approved for ...
Mall operators’ revenue reaches 10% above pre-pandemic level: CRISILThe recovery is visible across tenant categories. Grocery, apparel, footwear, cosmetics, electronics, and luxury, which account for 75-80% ...
Loan Recast: Banks seek more time for borrowers to meet normsLenders have argued that restructuring of accounts is still underway and, therefore, borrowers may not be able to meet the financial thresh...
Domestic airport sector likely to incur net loss of Rs 5,400 crore this fiscal: IcraAccording to the agency, domestic passenger traffic may drop by 61 per cent, while the international passenger traffic will nose dive by 85...
Fitch assigns BBB rating to Adani International Container“The final rating is contingent upon the receipt by Fitch of final documents conforming to information already received as well as the fina...
Two-thirds of Crisil-rated companies eligible for one-time loan recastThe panel specified five financial ratios and sector-specific thresholds for resolution of COVID-19-related stressed assets in 26 sectors, ...
Two-thirds of Crisil-rated companies eligible for one-time loan recastThe panel specified five financial ratios and sector-specific thresholds for resolution of COVID-19-related stressed assets in 26 sectors, ...
Loan restructuring: Companies in worst-hit sectors may face increased scrutinyAmong the financial ratios to be monitored are total debt-to-Ebitda and total outside liability to adjusted tangible net worth (TOL/ATNW). ...
RBI constituted KV Kamath committee names 26 sectors for restructuringThe committee has selected 26 sectors which will require restructuring based on its analyses of financial parameters hit due to the economi...
RBI broadly accepts Kamath Committee’s parameters on loan restructuring, specifies 5 mandatory ratiosThe committee has recommended financial ratios for 26 sectors, which could be factored by lending institutions while finalizing a resolutio...
Revenue of mall operators set to halve this fiscal due to Covid-19-driven lockdowns: CRISIL“We expect a 50-100% lease waiver for the period of lockdown, followed by a 30-50% concession in rentals in the current quarter and the nex...
Corporates with adequate balance sheet strength may manage Covid impact: ReportIt said no sector is untouched with the impact of COVID-19 and subsequent lockdowns even after opening up will prolong the economic pain.
- Too early to expect a cut in interest rates: Chanda Kochhar, ICICI Bank
ET Now caught up with Chanda Kochhar, MD & CEO, ICICI Bank, for her views on ET Awards, bank’s performance and outlook for future growth.
- Farmers get SBI lifeline to escape from lenders
With a view to extend its rural reach, the State Bank of India has revised a scheme under which it provides loans to farmers to free them f...
- FIs working on new bankable model for infra finance
Moves are afoot to find a solution to, what could arguably be, the biggest constraint to growth: a lack of bankable model for infrastructur...