ICRA

Retail-NBFC Funding Challenges: Borrowing cost increase and narrowing funding avenues to be key challenges in FY2019 Pre-actuals for FY2018 of 13 states indicate YoY decline of 25% in aggregate fiscal deficit, partly led by contraction in capital outlay India’s current account deficit tripled to 1.9% of GDP in FY2018 from 0.6% of GDP in FY2017; likely to widen further to 2.4% of GDP in FY2019, led by higher crude oil prices

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ICRA Special Comments

NBFC – Retail & Commercial Finance / Jun 2018

State Government Finance / Jun 2018

Key Economic Indicators / Jun 2018

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ICRA in the Media

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