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Bank credit growth likely to be at 8 9%-10 2% in FY23: Icra

Gross non-performing advances of banks are expected to decline to 5.6-5.7 per cent by March 2023 as against an estimate of 6.2-6.3 per cent by March 2022.

Rakesh jhunjhunwalaAnil guptaIcra ratingsGross non performing advancesAxis securitiesBanks creditBanks credit growth

At 7 43%, states pay highest interest rate on debt at last auction of FY22

In the last auction of FY22, 15 states raised Rs 30,853 crore, 24 per cent more than what was notified, rating agencies Icra and Care said.

Uttar pradeshTamil naduAndhra pradeshIcra ratingsCare ratingsWest bengal

Business: Cotton spinning mills are expected to see double-digit revenue growth in FY22

Business: Cotton spinning mills are expected to see double-digit revenue growth in FY22
compsmag.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from compsmag.com Daily Mail and Mail on Sunday newspapers.

Nidhi marwahaJayanta royGroup headIcra ratingsExported productsSenior vice presidentCorporate sector ratingsVice presidentSector head

Fiscal Deficit Estimated At 10 4% In 2021-22 If Disinvestment Target Missed: ICRA

A miss in the disinvestment target may cause the fiscal deficit to rise at Rs 16.6 lakh crore or 7.1 per cent of the GDP in the current financial year

Aditi nayarIndia assets holdingFifteenth finance commissionDisinvestment target missedSecond supplementary demandAir india assets holding limitedDisinvestment targetFiscal deficit targetIcra ratings15th finance commissionUnion budgetAir india disinvestmentEquity infusionSupplementary demand for grants

Domestic Air Passenger Traffic Remained Low In April-December 2021: ICRA

Domestic air passenger traffic remained 44 per cent lower in April-December 2021 to 111 lakh against the corresponding period of 2019-20

Air passenger trafficAir passenger traffic growthIcra ratingsIcra newsAtf hikeCoronavirus in indiaCovid impact on economy

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