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Collection efficiency is now close to 100% in September: ICRA
Housing loan collections remained strong, says the rating agency
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HFCs likely to grow at 8-10% in FY22: Icra
The disruptions caused by Covid-19 moderated the portfolio growth to 6% in FY 2021
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Defaults in affordable housing loans increases to 7.2%
In the affordable housing space, the total loan book of new players have increased by 10% YoY to Rs 60,468 crore as on June 30
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Domestic air passenger traffic jumps 3% in September: Report
The number of departures on a sequential basis in the month touched a high of 6%, as Covid-19 demonstrated a downward trajectory
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Number of rating upgrades exceeds downgrades in H1 FY22
A total of 294 corporate firms were upgraded by rating agencies and 221 were downgraded in the second half of the previous fiscal.
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India Inc's credit profile shows strong improvement in FY 22
Crisil Ratings saw its credit ratio further climb to 2.96 times, with 488 upgrades and 165 downgrades during the April to September period
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Sharp rise expected in CNG, PNG prices
Higher gas prices would put more pressure on user industries at a time when the economy is still reeling from the second wave of deadly Covid-19.
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PLI scheme to benefit domestic auto and parts industries
The scheme will be for five years and will be effective from FY 2023, and the base year for eligibility criteria would be FY 2020
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Icra revises GDP growth forecast for FY22 revised to 9%
The agency has revised up its GVA growth estimate for agriculture, forestry and fishing to 3% each in thesecond and third quarters of the current year
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Consumer demand expected to rise during festive season: Icra
For this month, so far, generation of GST e-way bills on a daily average is just above 2 million, and was similar to August
