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Date	Reports	Category
14 Oct 2025	SGS issuance trailed the indicated amount by a sharp 56% in the second weekly auction of October 2025	Thematic Report
07 Oct 2025	SGS cut-off drops by 26 bps to 7.18% amid dip in yields and increase in shorter tenor issuances	Thematic Report
30 Sep 2025	SGS cut-off rises by 10 bps to 7.44%; spread between 10-year SGS and G-sec yield narrows to 69bps	Thematic Report
25 Sep 2025	Phased CRR cut, VRRs to support liquidity ahead of seasonal currency leakage; G-sec yield curve to remain steep in near term	Thematic Report
23 Sep 2025	SGS cut-off rises by 4 bps to 7.34%; spreads between 10-year SGS and G-sec yield remain firm at above 80 bps	Thematic Report
16 Sep 2025	SGS cut-off eases by 4 bps to 7.30% amid elevated spread of 91 bps between 10-year SGS and G-sec yield	Thematic Report
09 Sep 2025	SGS cut-off softens by 20 bps to 7.34% amid decline in yields and weighted average tenor	Thematic Report
02 Sep 2025	SGS cut-off jumps by 6 bps to 7.54%; spread between 10-year SGS and G-sec yields rose to post-pandemic high of 109 bps	Thematic Report
01 Sep 2025	Timing of proposed GST rate changes to guide revenue growth, size of states’ fiscal deficit in FY2026	Thematic Report
26 Aug 2025	SGS cut-off jumps by 19 bps to 7.48%; spread between 10-year SGS and G-sec yields widens by 21 bps to four-year high of 81 bps	Thematic Report
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Credit Perspective Reports

ICRA's 'Credit Perspectives' provide detailed analysis on ratings assigned. These reports broadly cover the following areas: Key rating considerations..

What's latest in CPR

Northern Arc Capital Limited
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Rating Rationales

Name	Email	Phone
16 Oct 2025	Veritas Finance Limited: Rating reaffirmed for PTCs issued under a small business loan and home construction loan securitisation transaction
15 Oct 2025	Air India SATS Airport Services Private Limited: [ICRA]AA-(Stable)/[ICRA]A1+; assigned
15 Oct 2025	Piramal Pharma Limited: Rating withdrawn
15 Oct 2025	GEPL Capital Private Limited: Ratings withdrawn
15 Oct 2025	Adilabad Municipality: Continues to remain under issuer non-cooperating category
15 Oct 2025	Peerzadiguda Municipal Corporation: Continues to remain under issuer non-cooperating category
15 Oct 2025	Anil Neerukonda Educational Society: Continues to remain under issuer Non-Cooperating category
15 Oct 2025	Oriental Aromatics Limited: Ratings reaffirmed; rated amount enhanced
15 Oct 2025	PRATIBHA CONSTRUCTIONS ENGINEERS AND CONTRACTORS (INDIA) PVT.LTD.: Continues to remain under issuer Non-Cooperating category
15 Oct 2025	Oriental Aromatics & Sons Limited: [ICRA]A- (Stable)/[ICRA]A2+ assigned