icra

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    India's GDP Growth Forecasts Moderate Amid West Asia Conflict

    New Delhi, March 30 ICRA said on Monday that it estimates India's GDP growth to moderate to 6.5 per cent in 2026-27, from 7.6 per cent in the current fiscal year, due to the adverse impact of high energy prices and concerns about energy availability amid the West Asia conflict.The growth...
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    IIP Growth Remains Stable with Manufacturing Sector Expansion

    New Delhi, March 30 India's industrial production grew by 5.2 per cent in February, primarily due to an improvement in manufacturing output, according to official data released on Monday.Factory output, measured in terms of the Index of Industrial Production (IIP), expanded by 2.7 per cent in...
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    Bank Consolidation and Investor Caps: India's Lending Strategy

    Mumbai, March 10 A government-appointed high-level committee on banking for Viksit Bharat could examine issues such as consolidation among lenders and foreign investor voting caps, according to Karthik Srinivasan, senior vice president and group head - financial sector ratings at ICRA."The...
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    Green Bonds: Bank of Baroda to Raise Capital on March 4

    MUMBAI, February 27 State-owned lender Bank of Baroda plans to raise up to ₹10,000 crore through the issuance of green infrastructure bonds on March 4.The base issue size is ₹5,000 crore, with a green shoe option to retain oversubscription of up to ₹5,000 crore, taking the total issue size to...
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    Canara Bank Issues Bonds with 'AAA' Rating and Basel III Compliance

    Mumbai, February 26 State-owned lender Canara Bank raised ₹5,000 crore through the sale of bonds on Thursday.Tier-II bonds, compliant with Basel III regulations, with a maturity of 10 years, were sold at a coupon rate of 7.24 per cent, according to market sources.The initial issue was for...
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