New Delhi, June 1 (IANS) The Reserve Bank of India’s Monetary Policy Committee is likely to maintain a wait‑and‑watch stance at its June meeting and hold rates unchanged amid rising inflationary pressures and external volatility, a report said on Monday.The report from CareEdge Ratings said inflationary concerns have intensified due to projected below‑normal monsoon and recent retail fuel price hikes.A sharp rise in WPI inflation also raises the risk of a faster second-round pass-through…
Latest CareEdge Ratings News & Updates
New Delhi, May 29 (IANS) India’s securitisation market remained resilient in FY26 despite a modest slowdown in retail transactions, a report said on Friday, pointing to strong credit performance and regulatory tailwinds.The report from CareEdge Ratings said retail securitisation volumes moderated by approximately 6 per cent in FY26 to Rs 2.53 lakh crore, but maintained a constructive outlook on the sector as the underlying macroeconomic environment remains supportive.The report noted key struc…
New Delhi, May 15 (IANS) India’s ethanol production capacity has scaled to about 2,000 crore litres, with additional 400 crore litres expected to be operational by fiscal 2027, a new report has said.The report from CareEdge Ratings said that the demand under E20 blending is only roughly 1,100 crore litres, with nonfuel demand of around 300-350 crore litres.Only around 60 per cent of offered ethanol is being absorbed, leaving utilisation pressures across the sector. The surplus has led to the s…
New Delhi, May 4 (IANS) Indian banks are well positioned to implement the Reserve Bank of India’s new Expected Credit Loss (ECL) framework and absorb the initial impact on its capital, a report said on Monday.The report from CareEdge Ratings said that the sector’s strong Capital Adequacy Ratio of over 17 per cent and a Common Equity Tier I ratio exceeding 14.5 per cent, provide adequate room for the change.The ratings agency estimated that the impact of shifting to ECL models would be roughl…
New Delhi, April 27 (IANS) Investment share in India’s gold consumption rose to 42 per cent in CY25 from 29 per cent in CY24 as investment demand surged, led by gold ETFs and bar-and-coin buying, reflecting safe-haven demand, diversification motives and geopolitical uncertainty, a report showed on Monday.Global gold demand reached a record in CY25, up 8 per cent YoY to roughly 5,000 metric tonnes (MT), driven primarily by robust investment demand despite sharply higher gold prices and macroeco…
New Delhi, April 21 (IANS) Bank credit in India stood at Rs 213.6 lakh crore for the fortnight ending March 31, registering an annual growth of 16.1 per cent for the reported period — up from 11 per cent in the same period prior year, a report said on Tuesday.The report from CareEdge ratings said credit growth in Indian banks continued to outpace deposit accretion, widening the differential to about 260 basis points.Credit–Deposit (CD) ratio remained elevated at 81.4 per cent for the fortnigh…
New Delhi, April 20 (IANS) Indian states will continue to prioritise public investment, with a slight moderation in capital‑expenditure growth to around 8–10 per cent in FY27, a report said on Monday.This would translate into a capex of about 2.3 per cent–2.4 per cent of Gross State Domestic Product (GSDP), supported by interest-free loans from the Centre, the report from CareEdge Ratings said.The report cited rising revenue‑expenditure commitments and moderation in revenue growth leadin…
New Delhi, April 15 (IANS) India’s wholesale price inflation (WPI) saw a rise in March, driven largely by higher global energy prices amid geopolitical tensions in West Asia, according to economists on Wednesday.Rahul Agrawal, Senior Economist at ICRA, said that the uptick was broad-based, with crude petroleum and natural gas, along with fuel and power.”Notably, these two groups together accounted for 150 basis points of the 175 basis points uptick in the headline print in March 2026 relative …
New Delhi, April 6 (IANS) India’s economic growth is expected to remain resilient in the face of rising global uncertainties, with GDP projected to expand at 6.7 per cent in FY27, a new report said on Monday.While ongoing geopolitical tensions in West Asia may create some challenges, the data compiled by CareEdge Ratings suggested that India’s macroeconomic fundamentals are strong enough to support steady growth.The analysis highlighted that the impact of the West Asia conflict on India will…
Mumbai, April 1 (IANS) Domestic policy measures and relatively stronger corporate balance sheets provide some cushion to the credit profile of India Inc but the critical question is whether these domestic levers will be sufficient to keep credit quality on course if the global environment deteriorates further, a report showed on Wednesday.Amid the emerging geo-political environment, the credit ratio for the manufacturing and services sector in India improved to 2.06 times in the second half of F…