News

Credit, deposit growth now in line with each other in India After deposit growth outpaced credit offtake for the first time in the last 30 months some days back, the credit and deposits are now growing in line with each other, according to a report on Tuesday.  Credit offtake increased by 9.3 per cent to reach Rs 174.4 lakh crore (as of November 1) compared to December. The growth slowdown compared to last year can be attributed to a higher base effect due to the merger and RBI measures such as higher risk weights and the proposed LCR norms...
Credit, deposit growth now in line with each other in India
Credit, deposit growth now in line with each other in India
Source: IANS
2024-11-19 04:08:47 pm
RBI Policy Preview: Status Quo on Policy Rate Expected by CareEdge Rating The RBI’s MPC, reconstituted with new external members, is set to meet this week. We anticipate that the MPC will maintain the current policy rate and stance. Inflationary risks have not fully abated, specifically concerns around food inflation continue to linger. Although economic growth has been healthy, there are some early signs of softness. The commentaries from the newly inducted external members will be closely monitored to gauge future policy directions. Overall, we expect the g...
RBI Policy Preview: Status Quo on Policy Rate Expected by CareEdge Rating
RBI Policy Preview: Status Quo on Policy Rate Expected by CareEdge Rating
Source: CareEdge Ratings
2024-10-08 06:01:08 pm
Indian Home Textile Industry: Weaving Success – expected to grow by 8-10% in FY25 by CareEdge Ratings Synopsis • The global home textile industry, valued at USD 122 billion in CY2023, is envisaged to reach USD 134 billion by the end of CY2024, and thereafter expected to grow at a CAGR of 5-5.5% to around USD 185 billion by 2030. China leads in home textile exports, followed by India and Turkey, with the USA being the largest importer for home textile products. • The Indian Home Textile industry’s revenue (considering 6 listed Indian home textile companies which hold near...
Indian Home Textile Industry: Weaving Success – expected to grow by 8-10% in FY25 by CareEdge Ratings
Indian Home Textile Industry: Weaving Success – expected to grow by 8-10% in FY25 by CareEdge Ratings
Source: CareEdge Ratings
2024-09-25 05:39:20 pm
Views on AMFI-Sanjay Agarwal, Senior Director, CareEdge Ratings Below the Views on AMFI-Sanjay Agarwal, Senior Director, CareEdge Ratings   “Total Asset under Management (AuM) stood of Mutual Funds reached Rs 66.7 lakh crore in August 2024 rising by 3.1% sequentially buoyed by positive market sentiments along with inflows in debt funds of Rs.0.45 lakh crore as well as equity funds of Rs.0.38 lakh crore.. The growth in debt fund inflows was driven by overnight funds, liquid funds, and money market funds, which together accounted for o...
Views on AMFI-Sanjay Agarwal, Senior Director, CareEdge Ratings
Views on AMFI-Sanjay Agarwal, Senior Director, CareEdge Ratings
Source: CareEdge Ratings
2024-09-12 03:18:30 pm
Retail Asset Securitisation All Time High at Rs 2.05 Lakh Crore: CareEdge Ratings In its report on Retail Asset Securitisation, CareEdge Ratings stated that the securitisation market registered an all-time high volume of Rs.2.05 Lakh Crore for FY24. The credit growth continues to be robust and size of co-lending market has also grown. CareEdge Ratings expects market for residential mortgages to gain traction over next couple of years. These factors will have a large role to play in shaping the retail securitisation market in India in FY25. The retail asset secondary mar...
Retail Asset Securitisation All Time High at Rs 2.05 Lakh Crore: CareEdge Ratings
Retail Asset Securitisation All Time High at Rs 2.05 Lakh Crore: CareEdge Ratings
Source: PR Agency
2024-04-11 08:56:46 am
Quote on on AMFI numbers for March announced today by Sanjay Agarwal, Senior Director, CareEdge Ratings Below the Quote on on AMFI numbers for March announced today by Sanjay Agarwal, Senior Director, CareEdge Ratings   “The Rs 53.4 lakh crore Mutual Fund industry witnessed outflows of nearly Rs 1.6 lakh crores led by the debt funds which witnessed outflows of over Rs 1.98 lakh crore. The liquid funds outflows of nearly Rs 1.57 lakh crore,. albeit on the higher side compared to December 2022 as well as March 2023 are a regular quarterly pattern of liquidity management by c...
Quote on on AMFI numbers for March announced today by Sanjay Agarwal, Senior Director, CareEdge Ratings
Quote on on AMFI numbers for March announced today by Sanjay Agarwal, Senior Director, CareEdge Ratings
Source: Care Edge Rating
2024-04-10 05:09:16 pm
No Major Policy Announcements Likely in the Interim Budget by CareEdge Rating No Major Policy Announcements Likely in the Interim Budget The upcoming pre-election interim budget occurs at a juncture when the overall economic landscape appears stable. This is underpinned by the easing of financial conditions, robust macroeconomic data. Nonetheless, the current budgeting exercise is also confronted by economic headwinds such as the deceleration in the global economy, pressures in the agriculture sector, and strains on the rural economy Given that 2024 is a year of ...
No Major Policy Announcements Likely in the Interim Budget by CareEdge Rating
No Major Policy Announcements Likely in the Interim Budget by CareEdge Rating
Source: Care Edge Rating
2024-01-19 02:46:49 pm
Debt Market Update : Recent Key Developments by CareEdge Ratings Over the past month, the 10Y UST yield has retreated by ~100bps from its highest level in 16 years and is currently trading around 3.9%, a level last seen in July 2023. This sharp pull-back in the yield can be primarily attributed to a dovish Fed. Following a less hawkish November meeting, the FOMC unanimously maintained the fed funds target range at 5.25-5.5% for the third consecutive time in December and retained its previously announced plans for quantitative tightening. While this aligned...
Debt Market Update : Recent Key Developments by CareEdge Ratings
Debt Market Update : Recent Key Developments by CareEdge Ratings
Source: Care Edge Rating
2023-12-28 11:37:33 am