Sun, Aug 11, 2024
The report by the rating agency added that enhanced regulatory supervision will lead to higher compliance costs. However, emphasising the need to have greater supervision, it noted its importance for the stability of the sector.
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Mon, Jun 24, 2024
According to the report by credit ratings agency CareEdge, following robust growth of 90 per cent with volumes at 90,432 units in FY24, with an improving penetration rate, electric car sales in the passenger vehicle (PV) segment is likely to clock volume of around 1.30-1.50 lakh units in FY25.
Thu, Jun 20, 2024
The primary drivers behind this surge include a substantial rise in personal loans and increased lending to Non-Banking Financial Companies (NBFCs), alongside the impacts of recent mergers. The report says this reflects strong consumer demand and robust lending activities.
Fri, May 03, 2024
CARE ESG Ratings Ltd will commence its ESG rating activity, according to a statement issued by CareEdge Group on Friday.
Tue, Jun 13, 2023
The commercial vehicle (CV) industry is likely to record moderate volume growth of around 8-10 per cent this fiscal, with the pent-up demand levelling off, a report said on Tuesday.
Sun, Jun 26, 2022
The steel industry’s production and consumption grew by 18.1 and 11.4 per cent, respectively, on a year-on-year (YoY) basis in FY22, the report stated.
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