Debt recovery in stressed realty projects to rise 1,600 bps this fiscal
For asset reconstruction companies (ARCs), the cumulative recovery rate1 of security receipts2 (SRs) issued towards stressed real estate projects will increase by 16 percentage points to 38% this fiscal.
LTV breather in final gold loan directions a growth prop for NBFCs
The increase in the loan to value (LTV) ceiling provided in the final directions on gold loans by the Reserve Bank of India (RBI) will support the growth of non-banking financial companies (NBFCs) offering them.
Shortage of rare earth magnet can decelerate India’s automotive ride
Rare earth magnets, low in cost but critical in function, could emerge as a key supply-side risk for the India’s automotive sector if China’s export restrictions and delays in shipment clearances persist. A disruption lasting beyond a month can impact electric vehicle (EV) launches, affect production and weigh on the sector’s growth momentum.
Investments in renewables, roads and real estate to touch Rs 17.5 lakh crore over this and next fiscal
India’s renewable energy, roads and real estate sectors are seeing varied trends. While renewable energy is witnessing accelerated adoption of storage-linked capacities, a sharper focus on monetisation is on the cards in the roads sector.
Mint Road moves to ease pressure on bank NIMs
The Reserve Bank of India (RBI) has continued on the path of monetary easing, which started with a 25 basis points (bps) cut in the repo rate in February this year.
Ramkumar Uppara
Director - Corporate Communication
+91 9820177907
ramkumar.uppara@crisil.com