Top Credit Rating Agency, Credit Monitoring Services in India, Credit Quality Rating

We have seen some distinct trends in government expenditure and revenue in the first two months of the year. Putting our analysis and estimating the slippage in Q1 and impact for the rest of the year, we estimate that fiscal deficit will be 7.5-7.7% of GDP. This does not include higher borrowings to compensate states which the government spoke of on 28th May 2021.

29^th May 2021

Survey on impact of state lockdowns on the economy

With the states induced lockdowns in force in several regions economic activity has been affected for sure. CARE Ratings carried out a Survey to gauge the pulse of business

14^th May 2021

Revision in GDP forecast

CARE Ratings have reworked numbers and believe that the lockdowns will continue through June. There will be some easing in July in selected states but on the whole Aug seems to be the time when the economy can be closer to the pre-second wave situation. Under these conditions we predict that GDP growth will be 9.2% with a downward bias

11^th May 2021

The RBIs liquidity window for health services to help larger players - CARE Ratings

Sachin Gupta, Chief Rating Officer speaks to BloombergQuint

5^th May 2021

CARE Ratings Survey

Impact of ongoing lockdowns on economic prospects

27^th April 2021

Lockdown Impact - GDP Forecast to be 10.2 percent in FY22

CARE Ratings has lowered its India GDP growth forecast to 10.2% for FY22 following fresh lockdowns imposed in parts of the country to control the pandemic. On March 24, it had projected growth for FY22 to be in the 11-11.2% range based on Gross Value Added (GVA) growth of 10.2%, and on April 5, a day after Maharashtra imposed restrictions, it further lowered its GDP forecast to 10.7-10.9%.

21^st April 2021

Videos

Ajay Mahajan, MD & CEO speaks to ZEE Business

Discussion on CARE Ratings Q4FY21 and FY21 Results

14^th June 2021

CARE Ratings Survey on Impact of State Lockdowns on the Economy

Sushant Hede, Associate Economist speaks to CNBC TV18

17^th May 2021

Sugar Industry Outlook

Bhagyashree Bhati, Dy. Manager, Industry Research speaks to CNBC Bazaar

3^rd May 2021

India Revival Mission eForum - Growth outlook for consumer confidence and retail loans

Sanjay Agarwal, Senior Director, CARE Ratings panel speaker on Times Group forum

12^th March 2021

CARE Ratings Assessment of Credit Quality of Rated Entities - Q3 2020-21 (Modified Credit Ratio - MCR)

Smita Rajpurkar, Associate Director, speaks to CNBC TV18

5^th January 2021

Ajay Mahajan, MD and CEO, CARE Ratings speaks to ZEE Business

Discussion on Industry and Company Outlook

2^nd December 2020

View All

PODCAST

Trend of Growth in Bank Deposits and Credit

Shobhna Kanojia, Dy. Manager, BFSI Research

7^th June 2021

Organization

Reports

Biltech Building Elements Limited

Mas Financial Services Limited

MSRM Organics Private Limited

Venkatesan Tobacco Traders

Rashi Peripherals Private Limited

Vardhman Roller Flour Mills Private Limited

Piramal Enterprises Limited

Vohra Solvex Private Limited

Shiv Prasad Eco Touchwood Private Limited

India Cartons

Care Ratings in Media

CARE Ratings team up for rating industry body - The Economic Times

CARE Ratings expects economy to pick up July onwards, says Ajay Mahajan, MD & CEO to CNBC TV18

Data consumption rose 17.5 percent in FY21, despite rise in tariffs - CARE Ratings - ET Telecom

Loan moratorium helped SMEs last year – Mr. Sachin Gupta, Chief Rating Officer in The Economic Times

Mr. Sudip Sural, CEO, CARE Advisory interacted with Bloomberg Quint on ESG is no longer an option but an imperative

MFIs at risk of rating cuts as bad loans rise - Sachin Gupta, CRO in The Economic Times

At 9.2 percent, fiscal deficit is highest ever for centre - The Times of India

New Investments dry up as pandemic rages on - The Economic Times

New investment announcements decline 68 percent in FY21 - CARE Ratings - The Economic Times

Second wave of Covid 19 puts breaks on automotive sector recovery - CNBC TV18

Rating Cos seek more time for assessment on covid hurdles - Ajay Mahajan, MD & CEO in The Economic Times

Care Ratings revises downward GDP forecast to 9.2 percent for FY22 - The Economic Times

Pandemic does not dampen demand for gold; robust growth seen in Q1 - Free Press Journal

Top IT firms faced a drought of new clients in FY21 - The Hindu Business Line

Bank credit grows slowest in 4 yrs - The Times of India

Credit costs to remain elevated for NBFCs - CARE Ratings - The Hindu Business Line

NBFCs credit cost to remain high in FY22 due to covid-19 second wave - ET BFSI

Bank credit grows 5.33 percent deposits rise 10.94 percent - The Economic Times

We have begun reviewing our ratings portfolio - Ajay Mahajan, MD & CEO quotes in The Economic Times

Life insurance industry logs 7.5 percent rise in 1st year premium - The Times of India

Care Ratings revises India s GDP growth forecast to 10.2 percent for FY22 - Business Standard

Care Ratings revises India s GDP growth forecast to 10.2 pc for FY22 - Financial Express

Care Ratings revises India s GDP growth forecast to 10.2 pc for FY22 - The Economic Times

Life insurers see over 70 percent year-on-year growth in NBS in March - Business Standard

India bank shares fall as Covid surge raises default fears - Financial Times

Maharashtra to borrow Rs 25000 cr in Q1 FY22 - CARE Ratings - Free Press Journal

Despite covid induced disruptions auto industry made a stellar comeback in FY21 - Mint

Infograph on CARE Ratings Consumer Durable Report - The Times of India

After April 2020, Bank Credit to NBFCs Again Picks Up in Feb - The Economic Times

Economic impact of new COVID restrictions in Maharashtra - CNBC TV18

Mah lockdown could shave off 0.32% growth - The Economic Times

Mah lockdown to have 40 k crore impact - The Economic Times

States close FY21 with borrowing 3 percent less than notified Rs. 8.24 tn - The Times of India

Summer sales of appliances will offset COVID-19 impact on consumer durables sector - Money Control

Increase in steel prices to impact auto manufacturers - CARE Ratings - Mint

Margins of steel companies are expected to show further expansion - Business Standard

Assembly elections - TN with highest revenue deficit of poll-bound States - The Hindu

India s GDP to grow at 11-11.2 percent in FY22, tax collections critical - Business Today

We have analysed the numbers of 22 large banks…Mr. Sanjay Agarwal, Senior Director to Moneycontrol

Urvisha Jagasheth, Research Analyst speaks to CNBC Bazaar on Oil and Gas Sector

Supreme Court refuses to extend loan moratorium - Mint

Bad loans declined further in December quarter, says CARE Ratings - Mint

G-sec yields rise to highest level in FY21 - The Hindu

G Sec yield rise to highest level in FY21 - The Economic Times

An exhilarating recovery 2020-21 - Indian Steel Industry - EPC Magazine

Solar tariff could rise upto 40-45p unit over custom duty change - Business Standard

Steel firms may find it tough to export next fiscal as domestic demand increase - The Hindu Business Line

AI can help in fraud detection and prevention in the world of Finance - A Shiju Rawther, CIO CTO, speaks to W Media

What state budgets tell us about India s economy - Money Control

Fuel price stability hurts marketing margins - The Hindu BusinessLine

February port volumes slip on month-on-month basis - Financial Express

Movement of commercial lending and G-Sec rates is not in sync - Hindu Business Line

Commodity cycle drives sugar stocks, but surplus is a concern - Mint

Indian consumption expenditure on health, education rises during FY12-19 - Mint

Oil prices nearing pre-pandemic levels - Financial Express

Flushed with liquidity banks slash home loan rates - The Economic Times

After soaring last week, states debt cost falls below 7 percent - The Economic Times

Fiscal Deficit at 67 percent of RE at Jan End - The Economic Times

CARE Ratings says Copper supply will not be able to keep up with the strong demand - ET Now

Why petroleum prices may not come down anytime soon - Deccan Herald

Copper prices to remain high on supply deficit - Care Ratings - The Hindu BusinessLine

Govt can raise upto Rs. 12,800 cr if it divests in two PSBs - Hindu Business Line

Govt could raise Rs 28600 crore if it fully exits Bank of India & IOB - The Economic Times

Analysis of Q3-FY21 results of Cement Manufacturers - EPC World Magazine

NPAs to be nebulous owing forbearance dispensations, restructuring schemes - Hindu Business Line

Petro products output down 13.5 percent in 9MFY21 - Financial Express

CARE Ratings Sector Impact Analysis - Financial Express