CRISIL

Education Loans to Remain Fastest-Growing Segment for NBFCs: Crisil

Education loans, primarily those to fund courses overseas, will continue to be among the fastest-growing segments for non-banking financial companies (NBFCs) because of rising demand for higher education, said Crisil Ratings. Their assets under management (AUM) is expected to grow at a healthy clip of 40-45 per cent to cross...

Crisil Projects India’s Urea Import Dependency to Fall to 10-15% From 30%

In a positive development, India’s urea industry is now making significant progress towards achieving self-sufficiency. According to a report by Crisil Ratings, the country's dependence on urea imports is expected to decline to 10-15% in the near to medium term, down from 30% in the financial year 2020-21. This reduction...

RBI Likely To Initiate Rate Cuts In October, Predicts Crisil

India's central bank Reserve Bank of India (RBI) is anticipated to begin lowering interest rates around October, reveals Crisil report. The report assumes, there are no disruptions from external factors such as weather conditions or international commodity prices. Further, Crisil also predicts 'two rate cuts this fiscal year.' Moreover, the...

CRISIL Predicts 8-9% Growth for Regional Print Media Driven by Ad Revenue

Buoyant growth in advertising revenue, driven by strong demand from key advertising sectors, together with a loyal subscriber base, will lift the total revenue of regional print media companies by 8-9 per cent this fiscal, CRISIL Ratings asserted. The healthy growth, coupled with softening newsprint prices, will also expand operating...

Cement Price Surges Spell Trouble For Affordable Housing, Warn Experts

Following the recent increase in cement prices nationwide, builders anticipate a detrimental effect on the already sluggish demand for affordable housing, as well as potential impacts on retail consumers, large-scale construction projects, and infrastructure endeavors. Major cement manufacturers in India announced price hikes ranging from Rs 10-15 per bag in...