The asset quality revival continued to remain elusive for all banks even in Q1FY17. Banks faced another weak quarter with high provisions for bad loans resulting in a steep
By Siddharth Purohit, senior research analyst, Angel Broking
The banking sector has been going through tough times and the results for this quarter indicate that there is no respite as far as asset quality is concerned (except for
The number of bidders for hybrid annuity model (HAM) road projects have gone up to 8-10 from two six months ago, indicating a renewed private sector interest in the highway
By Sanjay Sethi, MD & CEO, Nestor Consulting India
Highways is one of the most promising infrastructure sectors in the country today. The engineering procurement and construction (EPC) projects of National Highways Authority of India (NHAI) has
Non-banking finance companies (NBFCs), especially those who have been focused on the retail segment, are poised for better loan growth as well as margin expansion in the coming quarters.
By Prakash Agarwal, director and co-fead, banks and FI ratings, India Ratings & Research
Non-banking finance companies (NBFCs) can continue to gain credit market share at the expense of banks in the medium-term, as banks struggle to raise capital to manage the Basel-III transition
India’s automobile industry the world’s sixth largest has posted an impressive 13. 42 per cent growth in the first quarter of FY17 against the same period last year
By Subrata Ray, senior group VP, Icra Research
In June, the passenger car segment shrank 5 per cent YoY whereas the utility vehicle segment maintained the double-digit growth momentum. Production disruption at Maruti due to fire at
Tractor manufacturers are set for a big time this year, as monsoon has started covering the initial deficit of June with bountiful of rains all across the country, inducing farmers
By Mithilendu Jha, analyst, India Ratings and Research
After a lacklustre start monsoon has finally picked pace. The latest rainfall data by India metrological department (IMD) indicates a 4 per cent higher rainfall so far
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