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NBFCs tap alternatives to grow as loans from banks slow: Crisil Ratings Crisil Ratings has said that non-banking financial companies (NBFCs) are increasingly attempting to access funding sources beyond banks, such as through non-convertible debentures (NCD), commercial papers (CP), foreign currency borrowings (FCB) and securitisation, to continue their growth march. As per the rating agency, this follows challenges in availability of bank loans as freely as in the past after risk weights on bank lending to higher-rated NBFCs were raised last year.  A stud...
NBFCs tap alternatives to grow as loans from banks slow: Crisil Ratings
NBFCs tap alternatives to grow as loans from banks slow: Crisil Ratings
Source: Accord Fintech
2024-10-03 10:39:09 am
India`s OMCs likely to add 35-40 MT of crude oil refining capacity by end of FY30: Crisil Ratings In order to meet the growing energy demands of the country, Crisil Ratings has said that India’s oil marketing companies (OMCs) are expected to add 35-40 million tonnes (MT) of crude oil refining capacity by the end of the fiscal 2029-30. This will take the total installed capacity of the country for crude refining capacity to 295 MT by 2030. This expansion will be driven by the projected growth in domestic oil consumption as India's existing refining capacity is already operatin...
India`s OMCs likely to add 35-40 MT of crude oil refining capacity by end of FY30: Crisil Ratings
India`s OMCs likely to add 35-40 MT of crude oil refining capacity by end of FY30: Crisil Ratings
Source: Accord Fintech
2024-09-30 10:28:01 am
Education loan AUM of NBFCs in India to cross Rs 60,000 crore this fiscal Amid the rising demand for higher education abroad, the education loan asset under management (AUM) of non-banking financial companies (NBFCs) in India is projected to grow at healthy 40-45 per cent to cross Rs 60,000 crore this fiscal, a report said on Tuesday.  After robust growth of over 80 per cent and 70 per cent in fiscals 2023 and 2024, respectively, NBFCs’ education loan AUM rose to Rs 43,000 crore as on March 31, 2024, according to a report by CRISIL Ratings. The num...
Education loan AUM of NBFCs in India to cross Rs 60,000 crore this fiscal
Education loan AUM of NBFCs in India to cross Rs 60,000 crore this fiscal
Source: IANS
2024-09-03 04:35:55 pm
Tariff hike, growing data consumption to lift telcos `ARPU by around 25% in fiscal 2026: Crisil Crisil Ratings in its latest report has said that a much-needed tariff hike and growing data consumption will lift the average revenue per user per month (ARPU) of Indian telecom companies (telcos) by around 25% in fiscal 2026 compared with fiscal 2024. The industry ARPU should dial up to a decadal high of Rs 225-230 by end of next fiscal (FY26) compared with Rs 182 last fiscal. That, along with moderation in capital expenditure (capex), on account of lower network investments after comp...
Tariff hike, growing data consumption to lift telcos `ARPU by around 25% in fiscal 2026: Crisil
Tariff hike, growing data consumption to lift telcos `ARPU by around 25% in fiscal 2026: Crisil
Source: Accord Fintech
2024-07-18 12:10:21 pm
Average revenue per user for Indian telcos to cross Rs 225 next fiscal As the data usage surges in India amid tariff hikes, the average revenue per user (ARPU) per month will increase by 25 per cent to Rs 225 in the next fiscal (FY26), a report showed on Tuesday. The industry ARPU should dial up to a decadal high of Rs 225-230 by the end of next fiscal compared with Rs 182 last fiscal (FY24), according to a Crisil Ratings report. “This increase will have two distinct levers -- one, the recent tariff hikes of 17-19 per cent by telcos and, two, organic...
Average revenue per user for Indian telcos to cross Rs 225 next fiscal
Average revenue per user for Indian telcos to cross Rs 225 next fiscal
Source: IANS
2024-07-16 02:19:44 pm
India's capex push to help capital goods makers see double-digit revenue growth in FY25 Led by continued significant government outlays towards railways (including metros), defence and renewable sectors, capital goods makers are likely to see revenue rise 9-11 per cent in fiscal 2025, a report showed on Monday.  Operating margin could moderate 80-100 basis points to 12-13 per cent in FY25 as the market scenario continues to be highly competitive and exports, which offer higher margins, remain sluggish, even as prices of raw material (mainly steel, copper, and aluminium) ...
India's capex push to help capital goods makers see double-digit revenue growth in FY25
India's capex push to help capital goods makers see double-digit revenue growth in FY25
Source: IANS
2024-06-24 05:13:36 pm