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Steel demand expected to grow in range of 9-12% in current fiscal: Ind-Ra The rating agency -- India Ratings and Research (Ind-Ra) in its latest report has said that the steel demand is expected to grow in the range of 9-12 per cent during the ongoing 2024-25 fiscal. It stated the demand will be supported by steady growth in the end-user industries such as automobile and infrastructure sectors. The agency further said that it expects the global steel demand to be steady with some moderation in China demand due to its transition to low carbon initiatives and mode...
Steel demand expected to grow in range of 9-12% in current fiscal: Ind-Ra
Steel demand expected to grow in range of 9-12% in current fiscal: Ind-Ra
Source: Accord Fintech
2024-06-12 10:42:42 am
FY24 was bittersweet year for corporate insolvency resolution process under IBC: Ind-Ra With the average resolution time jumping to a four-year high and the recovery levels at their lowest for corporate debtors (CDs) and financial creditors (FCs) in the past four years, credit rating agency India Ratings and Research (Ind-Ra) in its latest report has predicted that FY24 was a bittersweet year for the corporate insolvency resolution process (CIRP) under the Insolvency and Bankruptcy Code (IBC). However, as per the report, there was a sharp rise in the recovery for operational ...
FY24 was bittersweet year for corporate insolvency resolution process under IBC: Ind-Ra
FY24 was bittersweet year for corporate insolvency resolution process under IBC: Ind-Ra
Source: Accord Fintech
2024-06-04 11:46:00 am
RBI`s dividend transfer to reduce ongoing pressure on banking system deposit accretion: Ind-Ra A few days after the RBI approving the transfer of Rs 2,10,874 crore as surplus to the government for the accounting year 2023-24, credit rating agency, India Ratings and Research (Ind-Ra) in its latest report has said that the expected mammoth dividend transfer by the Reserve Bank of India (RBI) to the central government and subsequent spending by the latter, is likely to reduce the ongoing pressure on the banking system deposit accretion and overall rates in the system.  According t...
RBI`s dividend transfer to reduce ongoing pressure on banking system deposit accretion: Ind-Ra
RBI`s dividend transfer to reduce ongoing pressure on banking system deposit accretion: Ind-Ra
Source: Accord Fintech
2024-05-30 12:39:44 pm