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DEBT INSTRUMENTS DOWNGRADE
Credit risk funds underperform liquid funds. Why you should stay away from the category?Credit risk funds have always been vulnerable to its investments of up to 65% (and more) in the lower-rated instruments. To earn higher ret...
Icra cuts ECL Finance debt instruments’ ratingsECL Finance is a wholly-owned subsidiary of the Edelweiss Group. Shares of Edelweiss Financial Services ended 1.8 per cent lower at Rs 35.3...
Mutual funds continue to side-pocket exposures to YES Bank bondsThe move is aimed at preventing the distressed assets from damaging the returns generated from more liquid and better-performing assets.
Exits from liquid, credit risk plans hit debt mutual fundsDebt funds are considered to be less risky, with investors taking comfort in being able to hedge their risks by parking money in instrument...
Sebi asks MFs to create separate portfolios for unrated debt defaultsThe directive comes against the backdrop of liquidity woes in the NBFC sector raising concerns about mutual fund investment in such stresse...
Rating downgrade of debt security: What does it mean?Rating downgrade results in losses for investors as there is a fall in the price of the debt instrument.
Insurers asked to make provisions for IL&FS, RCap defaults"Some insurers have already made adequate provisions for all non-standard accounts of IL&FS."
What is credit rating and how important is it while making an investment decision?There are a few important credit rating agencies companies approach to get rated. These include CRISIL, CARE Ratings, ICRA, India Ratings a...
ICRA downgrades credit ratings of Fortis Healthcare, subsidiariesThe long term rating of Fortis Healthcare Ltd has been revised to 'C' from BBB.
Icra downgrades IDBI Bank's debt instruments; rating on watchIn the year ended March 31, 2017, the bank posted a net loss of Rs 5,158 crore.
Taurus debacle must open your eyes: Debt funds do deliver losses and how!While the Taurus hit was a one-off event of an instrument being downgraded to default, there are other scenarios where debt funds can lose ...
Ballarpur downgrade erodes Taurus MF's debt scheme NAVsIn the last couple of years, the mutual fund industry saw two instances of debt schemes' NAVs falling sharply in a day following credit rat...
How India Inc’s declining credit health impacts youCrisil has upgraded 981 firms with total debt of Rs 648 lakh crore, but downgraded 460 firms with a total debt of Rs 2.4 lakh crore.
What India Inc's souring credit health means to youIndian companies have long been reeling under the burden of heavy borrowings. The green shoots of economic recovery over the past year had ...
Crisil downgrades NCC debt instruments & bank facility ratingThe agency has downgraded the NCC Ltd rating to BB+/ Negative/Crisil A4+' from 'BBB/Negative/Crisil A3+'.
- Default-grade corporate bonds hit 13-year high in 2011
Bonds rated below 'BBB' are not major participants in the bonds market and are mostly held by banks, Ramakrishnan said.
- 725 corporate debt downgraded in third qtr; raises fears of defaults and rise in NPAs of banks
6.8% of the total instruments outstanding were downgraded, highest since the first quarter of 2009. The number of papers allotted a default...