Page 21 - Crisil

Collections for pools of retail-loan receivables making a recovery

According to CRISIL Ratings, collections for pools of microfinance and commercial vehicle loan receivables (which had seen the sharpest drop after the lockdown), clawed back above 50 per cent in July

Crisil projects wider GDP contraction for FY21 at 9%, from 5% earlier

Attributes it to Covid-19 cases and lack of stimulus from govt

RBI debt restructuring scheme to benefit resilient sectors more: Crisil

Crisil said it studied its rated portfolio of more than 8,500 companies after sorting them by rating, sector and moratorium availed

Monthly collections from securitised retail loans up to 50% in June: Crisil

Collection ratio for loans in microfinance, commercial vehicle and mortgage space had fallen to near-zero in many pools in April 2020

Capital raise isn't a reason to turn optimistic on banking stocks

Rs 47,000 crore raise by private banks in two months may be just adequate to meet the provisioning costs

New AIF benchmarks may be coming soon, Crisil doing data collection

The data collection process is being carried out by CRISIL

Covid-19: 1,700 mid-size companies need debt restructuring, says CRISIL

The average debt size of these companies in CRISIL's rated portfolio, excluding outliers, is around Rs 25-30 crore

Most firm that availed loan moratoriums were facing challenges before Covid

Most companies that availed loan moratoriums have sub-investment grade ratings and were facing challenges before the onset of the pandemic itself due to slowing economic growth, CRISIL said

Crisil, India Rating upgrade YES Bank's bonds on improved liquidity

Ind-Ra said the multi-notch upgrade and the resolution of rating watch evolving reflect a significant improvement in Yes Bank's profile and operating metrics post its reconstruction in March

CRISIL upgrades YES Bank's certificates of deposit from 'A2' to 'A2+'

YES Bank's total deposits increased to Rs 1.17 trillion (including CD) as on June 30 from Rs 1.05 trillion as on March 31

Lenders jittery over Mumbai International Airport's falling financials

After CRISIL downgrades company debt, bankers ask GVK group to come out with repayment plan

CRISIL pegs loss for Commercial vehicle makers at Rs 6,000 cr this fiscal

It says a 30 per cent decline in sales volume, on an already weak base, would lead to a nearly six-fold increase in net loss this financial year

MFI collections in July spurt to 70-75% of pre-Covid level: Crisil

April was worst, with near zero collection

Mall revenues set to halve this financial year due to Covid, says Crisil

The top-10 Crisil-rated malls have a total rated debt of Rs 4,200 cr and a high DSCR of 1.5 times, so impact on their credit quality is likely to be limited in the near term, the agency says

Rain coverage healthy so far despite dark clouds of Covid-19: CRISIL DRIP

State-wise, rains have been above normal in major crop-producing states except Rajasthan

NBFCs' AUM to shrink this year: A first in two decades, says CRISIL

Disbursements across segments are expected to fall by 50-60 per cent as the adverse impact Covid-19 pandemic plays out

Bankers divided on extending moratorium, fear potential spike in bad loans

Without regulatory intervention, slippages could surge 300 bps

MSME margins to shrink on Covid-induced loss of demand: CRISIL SME Tracker

Long constrained for liquidity, MSMEs now also have to cope with loss of demand, labour shortage, and heightened risk aversion in the financial system due to the Covid-19 pandemic.

Airlines staring at Rs 1.1-trillion loss over 3 years: CRISIL Research

Airlines are unlikely to recoup this loss as growth is not expected to return to pre-pandemic levels of double-digit increase at least in the medium term, CRISIL Research said.

Domestic air passenger traffic expected to shrink by 40-45% in FY21: Crisil

Similarly, India's air passenger traffic in the international sector is expected to plunge by 60-65 per cent, Crisil Research said