Page 3 - Crisil

Draft gold loan guidelines may slow down NBFCs' loan growth, says Crisil

The draft guidelines propose that the loan-to-value (LTV) ratio be maintained within a ceiling of 75 per cent throughout the loan tenure, including both principal and accrued interest

Oracle Financial, 11 others to go ex-dividend next week; do you own any?

Here is the complete list of stocks that will trade ex-dividend next week, along with their details

RBI rate cuts to impact key profitability indicator of banks: Crisil

The Reserve Bank's rate cuts will lead to an up to 0.20 per cent slip in return on assets, a key profitability indicator, for banks in FY26, a domestic rating agency said on Wednesday. Crisil Ratings said the RoA will contract by 0.10-0.20 per cent to 1.1-1.2 per cent in FY26 from an over-two-decade high of 1.3 per cent in FY25. Compression in the net interest margin by a similar level will be the key driver for the slip in RoA, the agency said, explaining that in a falling interest environment, interest rates on loans are expected to reduce faster than those on deposits. "Of the loan assets, 45 per cent are linked to an external benchmark, primarily repo. Typically, these are repriced rapidly after rate cuts. On the other hand, any reduction in term deposit (TD) rates will apply only to incremental deposits and renewals, resulting in a slower transmission of the reduction to the liability side," its director Subha Sri Narayanan said. Apart from NIMs, the agency said, credit costs

Tractor sales in FY26 to hit record 975K units, ₹4K cr capex likely: Crisil

Higher minimum support prices for key cash crops, better replacement and construction demand amid hopes of above-normal monsoon are likely to drive domestic tractor sales to hit an all-time high of around 9.75 lakh units in 2025-26, growing at 3-5 per cent, according to Crisil Ratings. A strategic capex cycle worth Rs 4,000 crore is around the corner in the Indian tractor industry with capacity utilisation nearing optimal levels of 75-80 per cent and the push for cleaner technologies under TREM V, the analytics firm said in a statement. The emission norm of 'TREM V' is expected from April 1, 2026, pre-buying towards fiscal-end may also provide a fillip to volume, it added. "As a result, tractor sales this fiscal year are expected to surpass the peak of 9.45 lakh units achieved in fiscal 2023, sustaining the back-to-back volume growth seen during fiscal 2019," it noted. There was a healthy 7 per cent increase in sales in FY25, Crisil Ratings said. The Indian Meteorological Departme

Crisil Ratings downgrades United India Insurance rating from AA to AA-

Reaffirms rating for New India, National Insurance

Domestic CV volumes may touch 1 mn units mark this financial year: Crisil

Domestic CV volumes are expected to touch 1 million units mark this fiscal, the pre-pandemic peak logged in FY19, driven by accelerating infrastructure execution, replacement demand and policy support from the PM-eBus Sewa scheme, ratings agency Crisil said on Wednesday. The sector's credit outlook remains stable, supported by strong liquidity and healthy cash flows, it said. The volume growth will be led by light commercial vehicles (LCVs), which are expected to account for around 62 per cent of total volume on account of rising penetration of e-commerce and warehousing. A pickup in freight-intensive sectors such as cement and mining will boost the overall demand, it said. Crisil said its analysis is based on four key CV players, which account for around 70 per cent of the sector volume. The commercial vehicle (CV) sector comprises two segments-- LCVs and M&HCV ( medium and heavy commercial vehicles) -- with buses classified under both the segments. The M&HCV volume, ...

Bank credit in India likely to grow at 12-13% in FY26: CRISIL Ratings

Tax sops, softer interest rates to support loan offtake

Fund Pick: Edelweiss Aggressive Hybrid stays ahead of hybrid peers

The fund aims to provide capital growth and current income through a portfolio invested predominantly in equities, with the balance in debt and money market securities

Securitisation volumes jump 24% to hit new record of ₹2.35 trn in FY25

Securitisation volumes in FY25 increased 24 per cent to hit the highest level of Rs 2.35 lakh crore, a report said on Monday. The volumes of securitisation, which involves passing on future receivables on a loan to address upfront liquidity needs, were lower in the fourth quarter at Rs 58,000 crore as against Rs 63,000 crore and Rs 70,000 crore recorded in the preceding two quarters, as per the report by rating agency Crisil. The jump in FY25 volumes was driven by large deals originated by private sector banks and also non-bank finance companies, it said. Largest private sector lender HDFC Bank has been very active on issuances in FY25 in order to improve its credit-deposit ratio after merging mortgage major parent HDFC into it. The Crisil report said number of issuers increased to 175 in FY25, from 165 entities in the year-ago period. The share of securitisation by banks increased sharply to 26 per cent in FY25 from 5 per cent in FY24 as a few banks used securitisation to manage

Ex-date alert! Crisil, Siemens, 3 others go ex-date next week; do you own?

Here is the complete list of companies whose shares will trade ex-date next week, along with their key corporate announcements

Textiles set for revival in FY25 on stable cotton, stronger RMG exports

In FY24, the SMEs were hit hard as a 25 per cent drop in cotton prices and weak RMG exports pulled down the industry revenue despite steady domestic demand

Prices of veg, non-veg thali decline nearly 5% in February: Crisil

The report noted that the cost of a non-vegetarian thali was up by 6 per cent year-on-year, driven by an estimated 15 per cent year-on-year rise in broiler prices

Fund Pick: HDFC Focused 30 Fund stands tall, aiming for greater gains

The fund outperformed the benchmark (Nifty 500 TRI) in the past 6 months, as well as one-, two-, three-, five-, seven- and 10-year trailing periods

Outlook positive for MSMEs in security services: CRISIL SME Tracker

Indeed, as margins shrink, the smaller players are exiting, leading to market consolidation

Fund Pick: JM Flexi Cap Fund remains focused, steady, ahead of the curve

A disciplined investment approach through a systematic investment plan would have delivered strong results

Q3 results Feb 10: Eicher Motors, Apollo Hospitals to post earnings today

Q3 FY25 company results, February 10: Bata India, Crisil, Grasim Industries, Ramco Industries, Patanjali Foods, and Varun Beverages among 298 firms to release their earnings report for the Dec quarter

Stocks to Watch, Feb 10: Steel stocks, Nykaa, Eicher, M&M, Vedanta, BEL

At 6:36 AM, GIFT Nifty Futures were trading 47 points lower at 23,568, indicating a negative start for the Indian bourses

Crisil SME tracker: Govt move on exports to boost revenue for sugar SMEs

Last financial year, the industry witnessed a sharp 10 per cent growth in revenue, driven by an 8 per cent year-on-year (Y-o-Y) increase in sugar prices and a steady 2 per cent rise in consumption

UTI Large & Mid Cap Fund: Scaling new heights, leaving rivals behind

The fund aims to generate long-term capital growth by primarily investing in large and midcap stocks

India's green investments to grow 5-fold to Rs 31 trn by 2030: CRISIL

Subsidies, grants key for high-risk green projects, says CRISIL