Page 9 - Crisil Ratings

Crisil downgrades Indian Bank's tier I bonds on lower reserves position

Crisil evaluated the adequacy of Indian Bank's eligible reserves to service coupon after adjusting for any medium-term impact of profitability on reserves position in a stress scenario

CRISIL reaffirms A1-plus rating on Rs 100 cr CP of Jubilant FoodWorks

These rating strengths are partially offset by the weaker performance of the doughnuts division (Dunkin Donuts) and susceptibility of profitability to competitive intensity and cost pressures

Here are the rating agencies' forecasts on India in the last 2 months

Amid the coronavirus pandemic, the pace of credit rating downgrades has accelerated with average monthly downgrades increasing by 22 per cent in the past few months, ICRA said in a report

Crisil revises ratings outlook on Hindalco to stable from positive

Debt-funded Aleris purchase, likely moderation in operating profits amid Covid-19 could push up debt/EBITDA ratio

RBI's EMI moratorium could give Rs 2.1 trn liquidity to companies: Report

'Sectors with higher leverage will be major beneficiaries'

Crisil revises rating outlook on Vedanta Ltd to negative from stable

Delay in debt refinancing of Vedanta Resources, higher-than-expected dividends by Vedanta Limited seen as key rating sensitivity factors

Crisil revises rating outlook on Vedanta Ltd to negative from stable

Delay in debt refinancing of Vedanta Resources, higher-than-expected dividends by Vedanta Limited seen as key rating sensitivity factors

CRISIL cuts India's FY21 growth forecast to 3.5% amid coronavirus outbreak

The agency welcomed the Rs 1.70-trillion package announced by Finance Minister Nirmala Sitharaman

Solar projects likely to miss deadlines over Coronavirus outbreak: Crisil

According to the ratings agency, non-adherence to completion of timelines attracts penalties, including downward renegotiation of tariffs, as per the standards of PPAs

Franklin Templeton MF sidepockets Voda Idea debt following NCD downgrade

Fund house has carved out separate portfolios in six schemes to hold the exposure

FMCG recovery likely in 2020; Nielsen, CRISIL predict double-digit growth

According to Nielsen's estimates, India's Rs 4 trillion FMCG market is expected to grow by 10% in calendar year 2020 (CY20)

CRISIL downgraded long-term bank ratings for BHEL from 'AA+' to 'AA'

The rating on the short-term bank facilities has been reaffirmed at 'CRISIL A1+'.

Two in three cos may shift to new corporation tax rates immediately: Crisil

Half of those shifting may use tax savings for ongoing capex to strengthen balance sheet

Crisil cuts FY20 GDP forecast to 6.3%, says slowdown deeper than suspected

The Crisil note says recent measures taken by govt will at best address some "pain points" apart from supporting the sentiment

CARE downgrades Voda Idea credit rating on weak financial showing

The development comes within two days of another rating agency Crisil downgraded credit value of Vodafone Idea

CRISIL lowers FY20 GDP growth to 6.9% due to monsoon, global slowdown

CRISIL said the slowdown would be pronounced in the first half of the fiscal, while the second half should find support from expected monetary easing, consumption, and statistical low-base effect

A first for Kerala in 10 years as Crisil upgrades Technopark rating to 'A'

The upgrade reflects the improvement in Technoparks cash flow due to leasing of additional commercial space across its Phases 1, 3 and Technocity

AAA ratings assigned by domestic, global raters different, says CRISIL

According to CRISIL, if Indian companies were to be assessed on a global scale, their ratings will be in the range of BBB and D

CRISIL: Share of rating segment in revenue falls by 120 bps to 27.4%

Share of rating segment in total revenue falls 120 basis points year-on-year to 27.4%

Bank recap: CRISIL upgrades outlook on 18 PSBs from negative to stable

CRISIL said ratings assigned to Basel III tier I bonds have been reaffirmed for nine PSBs and outlook has been retained as 'Negative'