Auto parts industry revenue to grow 16-18% in FY22; outlook revised from negative to stable: ICRA – The Economic Times

Clipped from: https://economictimes.indiatimes.com/industry/auto/auto-components/auto-parts-industry-revenue-to-grow-16-18-in-fy22-outlook-revised-from-negative-to-stable-icra/articleshow/80009781.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis ICRA expects the domestic auto component industry’s revenue to grow 16-18 per cent in the financial year starting April 2021, supported by factors

Loan restructuring requests much lower than estimated: Analysts – The Economic Times

Clipped from: https://economictimes.indiatimes.com/industry/banking/finance/banking/loan-restructuring-requests-much-lower-than-estimated-analysts/articleshow/80012185.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis Analysts are also forecasting lower credit provisions and better profitability for banks in the next fiscal year starting April 1, on the back

Profitability of NBFCs may be impacted due to loan impairment, low demand: RBI – The Economic Times

Clipped from: https://economictimes.indiatimes.com/industry/banking/finance/profitability-of-nbfcs-may-be-impacted-due-to-loan-impairment-low-demand-rbi/articleshow/80012924.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis The stronger and the deposit-taking NBFCs may however fare better as many have reported strong revival in disbursements and collections, almost to pre-COVID

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