CRISIL Ratings

Vegetable oil prices rose 6% year-on-year due to global supply disruptions. The cost of LPG cylinders also increased by 14% year-on-year, which offset some of the overall decline in the cost of meals.

Kissht's NBFC subsidiary, Si Creva Capital Services, received a credit rating upgrade from CRISIL, reflecting strong business momentum and profitability. The company aims to raise ₹1,000 crore through an IPO, focusing on expanding digital lending solutions in India.

The industry’s return to its long-term growth range of 8-10% next fiscal year will depend on whether exports sustain the current momentum and domestic demand strengthens from this year’s weak base, Crisil said

CRISIL has placed IndusInd Bank's long-term debt instruments on 'Rating Watch with Negative Implications' due to recent management resignations and an internal audit of the MFI sector. While overall deposits remain stable, retail and small business deposits have decreased slightly.

Yarn exports account for about 30% of the industry’s total revenue, with China alone making up nearly half of that share.

The year-on-year decline in the cost of vegetarian thali was due to a sharp dip in tomato prices.

The projection assumes a normal monsoon and stable commodity prices with key drivers including cooling food inflation, tax benefits announced in the Union Budget 2025-26, and lower borrowing costs, expected to boost consumption.

Indus Towers shares will be in focus on Monday after the rating agency Crisil Ratings updated its outlook on the long-term bank loan facilities and ₹1,750 crore bonds, according to a BSE filing. Shares closed lower a day ahead of the announcement in Friday's market session.

India's major non-banking financial company (NBFC), IIFL Finance, has received a positive development from credit rating agency CRISIL.