Icra Q4 net rises 5 per cent to Rs 25.50 crore

KATHMANDU, MAY 23 - ICRA Nepal, the only credit rating agency in the country, has given the debentures of Himalayan Bank Limited (HBL) an LA rating. HBL is preparing to issue debentures worth Rs 750 million. The LA certification means the instrument ...

The number of transactions was also lower by eight per cent during the just-concluded financial year Ratings agency Icra on Thursday said issuance volume for securitisation dropped 20 per cent to Rs 30,250 crore in FY13. This decline was mainly ...

Credit rating agency, ICRA has revised the rating outstanding for Rs 150 crore Term Loan program of HB Estate Developers from 'BB' to 'D'. The company is however of the firm opinion that the revised rating is not fair and is taking up the matter ...

Rating agency Icra today said that building of low cost current account-saving account (Casa) deposits would be the key to profitability for non banking financial companies (NBFCs) converting into the bank. It also said that a relaxation from ...

ICRA provides investment information and credit rating services in India, said the company board to meet on May 24, 2013 to consider a proposal to sub-divide the nominal face value of Rs 10 each of the equity shares of the company. This subject to the ...

Credit rating agency, ICRA has assigned A1 + (SO) rating to Network 18 Media & Investments' Commercial Paper worth Rs 100 crore (credit enhanced by way of guarantee/stand-by facility from Yes Bank). In terms of the rating of ICRA, its A1 ratings are ...

Credit rating agency, ICRA has reaffirmed 'BBB-' rating to Rs 234.56 crore bank facilities of Venus Remedies with stable outlook. The rating agency has also reaffirmed 'A3' as the short term rating for Rs 27.00 crore bank facilities of the company.

The steep fall in gold prices has prompted rating agency ICRA to downgrade the outlook on the long term ratings of gold finance companies Manappuram Finance and Muthoot Finance from stable to negative.

Credit rating agency, ICRA has reaffirmed CGR 2 rating to the Corporate Governance practices of Bank of Baroda (BOB). The rating is on a scale of CGR1 to CGR6 where CGR1 denotes the highest rating. The CGR2 rating implies that in ICRA's current ...