Tag: ICRA

ICRA downsize Yes Bank’s long haul rating with negative standpoint

Rating office ICRA has downgraded the long haul rating of private area loan specialist Yes Bank with negative viewpoint after the moneylender detailed critical increment in beneath speculation grade propels, which could affect the bank’s benefit in the coming quarters. Indeed Bank announced its first-since forever quarterly loss of ₹1,506 crore amid the January-March period. […]

Taste ventures flying high: Contributions flood 38% in FY19 to Rs 92,693 crore

There has been developing fame of contributing by means of Systematic Investment Plans, with aggregate sum contributed through SIPs enrolling a powerful 38% on-year bounce to Rs 92,693 crore. Prominently, the common reserve industry has added about 9.13 lakh SIP accounts every month on a normal in FY2019, ICRA said in an ongoing report. Strikingly, […]