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Post Budget Reaction : The budget announcements provide impetus to the financial sector Says Krishnan Sitaraman, CRISIL Ratings Below is Post Budget Reaction By Krishnan Sitaraman, Senior Director & Deputy Chief Ratings Officer, CRISIL Ratings “The budget announcements provide impetus to the financial sector from both near-term and long-term perspectives. Near term, on credit growth, we see measures which are expected to provide a troika of tailwinds for banks and NBFCs alike — first, growth in capex outlay by 33% to Rs10 lakh crore should be supportive for corporate credit growth; second, r...
Post Budget Reaction : The budget announcements provide impetus to the financial sector Says Krishnan Sitaraman, CRISIL Ratings
Post Budget Reaction : The budget announcements provide impetus to the financial sector Says Krishnan Sitaraman, CRISIL Ratings
Source: PR Agency
2/02/2023 12:37:36 PM
Bar on short-tenure loan securitisation to affect 5% deals : Crisil Gold, personal loan PTCs affected, direct assignments not expected to be impacted The Reserve Bank of India (RBI) amended its Master Directions on Securitisation of Standard Assets on December 5, Monday, barring securitisation of loans with residual maturity of less than 365 days — other than for trade receivables. This would limit the issuance of pass-through certificates (PTCs) backed by shorter tenure loans originated by non-banking finance companies (NBFCs). Separately, the...
Bar on short-tenure loan securitisation to affect 5% deals : Crisil
Bar on short-tenure loan securitisation to affect 5% deals : Crisil
Source: PR Agency
8/12/2022 12:37:50 PM
Housing finance companies' AUM to grow 10-12% in FY23: CRISIL The assets under management (AUM) of housing finance companies are expected to grow 10-12 per cent in this financial year 2022-23, as against 8 per cent in the last financial year, mainly due to home loans, which could grow 15 per cent on-year, said CRISIL. Last fiscal, HFC growth was a story of two halves: stunted to just about 2 per cent (annualised) in the first half because of the second wave of the pandemic, and a V-shaped 14 per cent (annualised) growth in the second half. "S...
Housing finance companies' AUM to grow 10-12% in FY23: CRISIL
Housing finance companies' AUM to grow 10-12% in FY23: CRISIL
Source: IANS
14/09/2022 4:49:55 PM
NBFCs AUM to grow 11-12% by end of this fiscal: CRISIL The assets under management (AUM) of the non-banking finance companies (NBFC) to grow 11-12 per cent, a four-year high, to Rs 13 lakh crore by the end of this fiscal, riding on macroeconomic tailwinds, ratings agency CRISIL said. Disruption in business and economic activity amid Covid-19 had constrained AUM growth to 2-4 per cent in fiscals 2020 and 2021, and to 5 per cent in fiscal 2022. "Even as growth touches double digits again, it will be lower than the pre-pandemic level. Ind...
NBFCs AUM to grow 11-12% by end of this fiscal: CRISIL
NBFCs AUM to grow 11-12% by end of this fiscal: CRISIL
Source: IANS
12/09/2022 1:04:53 PM
Citroën Launches Made in India New C3 Available at La maison Citroën Phygital showrooms & 100% Direct online Purchase * New C3’s introductory price starts at ? 5,70,500 (ex-showroom Delhi)  * Made by Indians, for Indians, the New C3 features over 90% localisation * Two engine options: 1.2L PURETECH 110 & 1.2L PURETECH 82 * Available with 10 exterior colour combinations, 3 packs with 56 customisation options * Standard vehicle warranty for 2 years or 40,000 km & 24/7 Roadside Assistance * To be sold through 20 La Maison Citroën Phygital Show...
Citroën Launches Made in India New C3 Available at La maison Citroën Phygital showrooms & 100% Direct online Purchase
Citroën Launches Made in India New C3 Available at La maison Citroën Phygital showrooms & 100% Direct online Purchase
Source: PR Agency
20/07/2022 11:38:24 AM