2. Rating Performance
Recent Releases
  • PNB Housing Finance Limited: Rating downgraded to [ICRA]AA(Negative)

    Rationale / 03 Apr 2020

  • Essvy Constructions India Pvt. Ltd.: Rating reaffirmed

    Rationale / 03 Apr 2020

  • Jaypee Infra Ventures Private Limited: Grading Reaffirmed

    Rationale / 03 Apr 2020

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ICRA Special Comments
Performance of ICRA-assigned credit ratings in FY2020
Others / Apr 2020 GoI’s fiscal deficit rose by 21.7% to Rs. 10.4 trillion in April-February FY2020; expenditure would need to be curtailed below the FY2020 RE by Rs. 1.1-1.2 trillion to prevent a fiscal slippage in absolute terms
Key Economic Indicators / Apr 2020 Sharp reduction in small savings rates for Q1 FY2021, following 75 bps cut in the policy Repo rate, to improve transmission to bank lending rates
Key Economic Indicators / Apr 2020 Read more