Tag: #CARE Ratings

Bank

Market forecast: Private sector banks may face the maximum risk of bad loans.

March 23, 2020

While the industry and policymakers evaluate the damage caused to the banking system by the Coronavirus attack, a ball-park possible based on the past forecast reveals that, in the worst-case scenario of macro-economic recession, bad loans may grow to 120 basis points with banks in the private sector experiencing high risk. A stress test performed by […]

Market forecast: Private sector banks may face the maximum risk of bad loans.more
merger

GIC is in a plan to obtain stakes of GVK promoter group in Indian Hotels joint venture.

July 23, 2019

By Abhay Shah, Realty Quarter The Government of Singapore Investment Corp (GIC) is planning to strengthen its position in the Indian real estate and hospitality space by acquiring GVK promoter group stake in Taj-GVK Hotels and Resorts as the sovereign investment vehicle of the South East Asian country. GIC is expected to mandate the Indian […]

GIC is in a plan to obtain stakes of GVK promoter group in Indian Hotels joint venture.more
Gera developments

Gera Developments invested Rs.180 crore to buy a 22-acre land parcel in Pune.

By Abhay Shah, Realty Quarter Realty developer Gera Developments purchased from the owners of the Goel Ganga Group a 22-acre property in Pune’s Wagholi area for Rs 180 crore, two people with direct development expertise, said. Presently, Gera Developments are in discussion with HDFC Capital Advisors, a wholly-owned subsidiary of the biggest mortgage lender HDFC in […]

Gera Developments invested Rs.180 crore to buy a 22-acre land parcel in Pune.more