Diabytes
Crisil Ratings News
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However, the current rare earth magnet shortages continue to delay new car deliveries, prompting buyers to opt for pre-owned vehicles for quicker access.
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Amid challenges in mobilising deposits and their higher cost, SFBs (small finance banks) are likely to explore alternative, non-deposit avenues to fund credit growth.
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In all, there were 569 upgrades and 113 downgrades in the second half (H2) of 2021-22.
The upgrade rate increased to 15.4 per cent in H2 from 12.5 per cent in H1.
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Crisil Ratings has revised outlook for public lender Punjab National Bank's various bond programmes aggregating Rs 19,223 crore to 'negative'.
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Around 50 percent of the projects under-construction are at high risk of not being completed because of significant cost over-runs and weak wherewithal of sponsors.
Efforts being taken by the Narendra Modi government to boost the real estate sector are in the 'right direction', a senior official of Crisil Ratings said.
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