The credit rating business is unique in the sense that the business is quite sticky. Once the client works with a particular Credit Rating Agency (CRA), the relationship gets cemented for a long period of time as every rating of a debt instrument
National Aluminium Company Ltd (NALCO), under the leadership of BL Bagra, Chairman-and-Managing Director, has become the first PSU in the country to implement a pilot-cum-demonstration project on Carbon Sequestration in its captive power plant at Angul.
In 2012-13, Housing and Urban Development Corporation (Hudco) has set a target to finance construction of at least 5 lakh affordable housing units across the country. In 2011-12, the company financed 4.3 lakh units and more than 90 per cent of these have been for the econ
Bank credit is fast running out. Instruments and financiers to support the next wave of infrastructure development are works in progress. While infrastructure finance appears to be transiting towards maturity, Charu Bahri wonders if it is happening quickly enough.