Crisil Ratings

RBI's new expected credit loss framework may lower CET-1 ratios and increase provisioning in early years, though banks are likely to absorb the impact over time

Share of bank loans in NBFC borrowings is expected to rise further in FY27 as bond yields stay elevated and external commercial borrowings remain muted amid volatility

Crisil says soft drink bottlers may see revenue growth return to 15 per cent this financial year, but rising competition and higher crude-linked packaging costs could weigh on margins

CRISIL upgrades Shriram Finance to AAA and Sammaan Capital to AA+, citing improved credit profiles, strong capital buffers and strategic backing from IHC Group

The NBFC received RBI approval for the proposed investment by Avenir Investment RSC Ltd, under which the investor will subscribe to Sammaan Capital's equity shares through a preferential issue.

In the first nine months of fiscal 2026, GE Shipping's operating performance in the shipping business remained healthy.

Till 10:05 AM on Thursday; a combined 10.87 million shares representing 1.6 per cent of total equity of the company changed hands on the NSE and BSE.

Crisil Ratings believes that the Belrise group will maintain its strong position in the auto components industry backed by its established customer relationships and a diversified product portfolio.

Improving magnet availability and cost economics support demand, even as competitive intensity accelerates consolidation

Crisil expects India's cigarette volumes to fall 6-8% next fiscal as higher excise duty and GST from February squeeze demand, especially in the mass segment

NBFCs posted strong year-on-year growth of 35 per cent in the third quarter, driven by robust volumes in gold and vehicle loan pools

Crisil said ARC recoveries from stressed highway assets could exceed 120% by FY27 as BOT projects turn viable after debt haircuts, higher traffic and faster resolutions via NHAI payments and IBC

NBFCs' vehicle-loan AUM is seen growing 16-17 per cent annually through FY26-FY27 to Rs 11 trillion by March 31, 2027, with used-vehicle loans expected to outpace new loans, Crisil Ratings said

CRISIL said RBI's final guidelines allowing overlapping lending within bank groups avert a 2-6 per cent hit to advances for 12 large groups, while keeping key NBFC and ARC proposals

Capital outlay of states is expected to grow from four per cent to six per cent in the current financial year touching approximately Rs 7.5 lakh crore, Crisil Ratings said in its report on Friday. This would be lower than seven per cent in the last financial year and well below the decadal average of 11 per cent as rising revenue deficits are limiting financial flexibility, the report said. Water supply and sanitation, including housing and urban development and irrigation, will continue to be the main drivers of the capital expenditure, the report said. The top 18 states will account for 94 per cent of capital outlay of the states. According to the report, rising revenue deficit of the states are due to slow pace of growth due to moderation in GST rates post rationalisation, slowing devolution from the Centre and lower nominal GDP growth driven by easing inflation. On the other hand, revenue expenditure is set to grow sharply by seven per cent to nine per cent, driven by committe

Thus far in the calendar year 2025, RIL stock has rallied 27 per cent, as against a 8.4 per cent gain on the BSE Sensex.

Crisil flags rising stress in early delinquency buckets, especially in vehicle finance, unsecured MSME loans and the LAP segment

Share price of Asahi India Glass hit a new high of ₹1,072.95, as they rallied 9 per cent on the BSE in Monday's intra-day trade amid heavy volumes.

Capex during FY26-FY28 to be 50% higher than the previous three years; industry to add up to 170 MT of capacity amid strong demand, says Crisil Ratings

Shares of JSW Cement hit a record low of ₹129, and traded at a 12 per cent discount compared to issue price of ₹147 per share.