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Case for a relook at mid-rated bonds as metrics improve in 2024: CRISIL Rating
CRISIL Rating believes that it may be time to alter the balance in the Indian corporate bond market, which has been skewed towards ‘AAA’ and ‘AA’ rating categories for long now, with the share of ‘A’ category rated bonds at a mere 4%1. There are many reasons for this. Firstly, credit metrics of ‘CRISIL A’ […]
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Investment
“Pradhan Mantri Suryodaya Yojana: Illuminating Homes, Empowering Lives, and Nurturing Sustainable Futures”
In a groundbreaking move towards sustainable energy and financial relief for households, Finance Minister Nirmala Sitharaman has introduced the Pradhan Mantri Suryodaya Yojana, a rooftop solar power scheme, as part of Budget 2024. This ambitious initiative targets one crore households, providing them with 300 free electricity units monthly and potentially saving users up to Rs […]
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