S&P Ratings upgrades Shriram, Muthoot, Sammaan Capital, on new NBFC rules

Q: How long will it take to read this news story?

The story "S&amp;P Ratings upgrades Shriram, Muthoot, Sammaan Capital, on new NBFC rules" has 381 words across 19 sentences, which will take approximately 2 - 4 minutes for the average person to read.

Q: Which news outlet covered this story?

The story "S&amp;P Ratings upgrades Shriram, Muthoot, Sammaan Capital, on new NBFC rules" was covered 11 hours ago by Business Standard, a news publisher based in India.

Q: How trustworthy is 'Business Standard' news outlet?

Business Standard is a fully independent (privately-owned) news outlet established in 1975 that covers mostly business and finance news. The outlet is headquartered in India and publishes an average of 276 news stories per day. It's most recent story was published 2 hours ago.

Q: What do people currently think of this news story?

The sentiment for this story is currently Neutral, indicating that people are not responding positively or negatively to this news.

Q: How do I report this news for inaccuracy?

You can report an inaccurate news publication to us via our contact page. Please also include the news #ID number and the URL to this story.<ul><li>News ID: #27135815</li><li>URL: https://beamstart.com/news/sp-ratings-upgrades-shriram-muthoot-17422773372076</li></ul>

Business Standard Logo Business Standard 11h ago

S&P Ratings upgrades Shriram, Muthoot, Sammaan Capital, on new NBFC rules - Business Standard

Quick Summary:

Upper-layer NBFCs have become sizable, with total assets and loans rivalling those of midsize Indian banks.

Generally, these companies are well capitalised, which will support credit growth over the next two years and provide buffers against downside risks, S&P added.

These regulatory changes come at a time when the Indian economy is on a high-growth trajectory.“We estimate GDP growth at 6-7 per cent for 2025-26.