Crisil

DLF Emporio Limited, a subsidiary of DLF Limited, has raised Rs 525 crore from issuance of India’s first Commercial Mortgage Backed Security (CMBS). The funds were raised at a coupon rate of 10.90 percent p.a. and carry a Legal...

CRISIL, a leading rating agency, believes that gold retailers rated by it will maintain stable credit risk profiles on the back of prudent inventory hedging. These hedging strategies help retailers insulate their margins from volatility in gold prices, and...

Driven by rising incomes, smaller cities and towns are expected to drive consumption of jewellery. Jewellery retailers are expected to derive over half their revenues from small towns by 2012-13, as against around 40 per cent in 2009-10, according...

Ratings agency CRISIL said that Indian retail loan quality has deteriorated with rising interest rates, and some lenders could suffer significant losses.The agency expected gross non-performing retail loan assets to increase to around four per cent of total retail...

The next time you swipe your credit card to pay your bills in a retail outlet, make sure you pay back the money to the bank, as not doing so would increase the count of non-performing asset (NPA) for...

Deven Sharma is the first Indian to be appointed as president of Standard & Poor’s. Sharma was the executive vice-president of S&P’s investment services and global sales since last November. He replaces Kathleen Corbet and will be directly reporting...