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Company Update: ICRA appoints N Sivaraman as Managing Director and Group CEO
Company Update: ICRA appoints Ramnath Krishnan as President of Ratings
Indian Auto Component Industry: 28% of ICRA’s portfolio availed moratorium for temporary relief, need for restructuring limited despite eligibility
Spread between 10-year SDL and G-sec declined to ~64 bps in Q2 FY2021, from ~100 bps in Q1 FY2021
Forecast of FY2021 GDP contraction revised to 11.0%, owing to continued spread of Covid-19 pandemic
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