Stable policies, ease of doing biz to boost manufacturing: Experts | News
The Make in India initiative provides a window of opportunity for companies looking at alternative destinations to set up units | Illustration: Binay Sinha 2 min read Last Updated : Oct 06 2024 | 2:48 PM IST Stable policies and further improvement in the ease of doing business in states will help significantly boost […]
Banks’ asset quality stable, NIM moderation a sign of strength, says CEA Nageswaran
India’s Chief Economic Advisor V. Anantha Nageswaran has reassured that currently, there are no concerns regarding the deterioration of asset quality within the banking sector. Speaking at the CNBC TV18 Banking Transformation Summit, Nageswaran highlighted the effectiveness of the Reserve Bank of India’s regulatory measures, such as increased risk assessment for unsecured lending, which have […]
CRISIL Removes IIFL Finance from ‘Rating Watch with Developing Implications’, Reaffirms Long Term Rating with ‘Stable’ Outlook
IIFL Finance, which is one of India’s largest non-banking financial companies, today said that leading rating agency CRISIL has removed IIFL Finance from ‘Rating Watch with Developing Implications’ and has reaffirmed the rating at ‘CRISIL AA/CRISIL AA-/CRISIL PPMLD AA’ while assigning a ‘Stable’ outlook. The short-term rating has been reaffirmed at ‘CRISIL A1+’. In the rating rationale dated September 30th 2024, CRISIL said, “The […]