CARE Ratings

Stocks to buy in 2022: ICICI Bank, ITC, KNR Constructions among Centrum Broking’s 'top picks'

For ICICI Bank, the brokerage gives a 'buy' call at Rs 776 with a target price of Rs 940.

Feb 23, 2022, 20:02 PM IST

Credit growth in FY22 to be in low double-digit: Care Ratings

The slowdown in the economy can further delay the anticipated pick-up in credit growth apart from the likely impact on asset quality.

Jun 19, 2021, 17:24 PM IST

GDP growth may be below 9% in FY22 due to 2nd COVID-19 wave: Survey

According to the study, the majority of respondents expect the lockdown announced by several states will stay till May-end. Altogether, 54 percent of the people, who participated in the survey, believe that the lockdown is a solution to the current COVID-19 situation in the country, it said.

May 16, 2021, 19:37 PM IST

Bank credit grows 5.33%; deposits rise 10.94%

However, the year-on-year growth rate has fallen in the first month of the new financial year (i.E., April 2021) for the first time in five years, reflecting subdued credit demand amid the rising second wave of the pandemic, the report said.

Apr 26, 2021, 20:34 PM IST

Pandemic-induced loan recast to take GNPAs to 11.5% by March: Care Ratings

 Care Ratings expects 4-5 per cent of the existing loans to be stressed and opt for restructurings through the course of the year.

Oct 13, 2020, 22:21 PM IST

CARE Ratings sends CEO Rajesh Mokashi on leave over anonymous complaint

CARE Ratings has named Executive Director (Ratings) TN Arun Kumar as its interim chief executive officer.

Jul 18, 2019, 16:33 PM IST

Banks' net profit declines by 18% in Q2: CARE Ratings

The review is in the backdrop of slowdown in deposit and credit growth, reduction in base rate, repo rate, marginal cost of fund based lending rate (MCLR) and term deposit rate.

Nov 07, 2017, 23:11 PM IST

Jobless growth is for real, says rating agency Care

Banking is the highest among sectors when it comes to generating employment, with a 21.3 per cent share, and is followed by IT, mining, healthcare and textiles.

Oct 30, 2017, 16:59 PM IST

GST pulls down India Inc net by 15.7% to Rs 87,475 crore in Q1

According to an analysis of 2,108 companies by credit rating agency Care Ratings, the corporate net profits stood at about Rs 1.04 lakh crore in April-June period of 2016-17.

Aug 21, 2017, 16:34 PM IST

RBI may cut rates by 0.25% in policy review: Care Ratings

The Reserve Bank of India (RBI) may cut interest rates by 0.25 percentage point as inflation is firmly under the desirable limit, credit rating agency Care Ratings said here.

May 14, 2015, 19:49 PM IST

CARE Ratings' Q4 net dips 15% at Rs 35 crore

Credit Analysis and Research (CARE) has registered a 15 percent dip in its net profit at Rs 35.09 crore in the fourth quarter ended March 31, 2015 on account of fall in investment income.

May 12, 2015, 22:27 PM IST

Rabi sowing marginally lower than last year: Care Ratings

Rabi season accounts for roughly half of the overall agricultural production, compared to last year.

Dec 26, 2014, 18:05 PM IST

Import duty hike on raw sugar may boost domestic prices: Care

The recent hike in the import duty on raw sugar from 15 percent to 40 percent is likely to boost the domestic prices, agency Care Ratings has said in a report.

Jul 16, 2014, 17:02 PM IST