Revenue of the Indian viscose staple yarn (VSY) industry is set to grow 10-12% on-year to an all-time high of over $2.5 billion this fiscal on continued strong demand — similar pace to last fiscal, said CRISIL Ratings. VSY is an attractive alternative to cotton yarn because of its lower prices and comparable features. It logged a compound annual growth rate of 13% over the last three fiscals, higher than 5% for cotton yarn
Securitisation involves pooling of loans and selling them to a special purpose entity, so that a lender gets liquidity upfront on the assets it has originated
According to Crisil Ratings, Automotive Components Makers in India are expected to register a growth of 10-12% in revenue during the financial year 2023-24. The growth is credited to strong demand from automobile manufacturers and aftersales demand from services in the domestic market.
Crisil: reported 19.8 per cent year-on-year (YoY) jump in net profit at Rs 145.8 crore for the March quarter compared with Rs 121.60 crore. It also announced an interim dividend of Rs 7 per share.
Estimates by various stakeholders including rating agencies and lenders suggest at least 20-25 percent of MSME loans restructured during the pandemic can potentially turn bad
Another rating agency Crisil Ratings on Monday said its credit ratio (rating upgrades to downgrades) moderated to 2.19 times in the second half of fiscal 2023 from 5.52 times in the first half of fiscal 2023.
The paper packaging industry is seen as a sunrise sector and that's because India is growing. The Crisil Ratings forecasts revenue rising at 14-16% this fiscal, and operating profitability to get a fillip