We recently partnered with the @IndianIfg's '6th India Green Energy Awards' as the Knowledge Partner. The event was graced by Shri @shripadynaik, Hon'ble Minister of State for New & Renewable Energy and Power, Government of India, as the Chief Guest. At the event, Jatin Arya, Director, CareEdge Ratings, shared his insights on the nomination and evaluation process adopted for the awards, highlighting the key parameters for recognizing excellence in the renewable energy sector. From insightful discussions to recognising excellence across the renewable energy ecosystem, the event highlighted the vision, innovation, and commitment driving India's energy transition forward. Congratulations to all the winners and contributors advancing a more sustainable tomorrow. @mnreindia | @mygovindia #IFGE #GreenEnergy #RenewableEnergy #EnergyTransition #Sustainability

𝗜𝘀 𝘁𝗵𝗲 𝗴𝗹𝗼𝗯𝗮𝗹 𝗲𝗰𝗼𝗻𝗼𝗺𝘆 𝗯𝗲𝗰𝗼𝗺𝗶𝗻𝗴 𝗺𝗼𝗿𝗲 𝗿𝗲𝘀𝗶𝗹𝗶𝗲𝗻𝘁, 𝗼𝗿 𝘀𝗶𝗺𝗽𝗹𝘆 𝗮𝗱𝗮𝗽𝘁𝗶𝗻𝗴 𝘁𝗼 𝗮 𝗺𝗼𝗿𝗲 𝘃𝗼𝗹𝗮𝘁𝗶𝗹𝗲 𝘄𝗼𝗿𝗹𝗱? CareEdge Global’s latest Global Economy Update points to a world where growth remains resilient despite geopolitical disruptions, but inflation, tighter monetary policy, and shifting capital flows continue to reshape sovereign and economic outlooks. Key highlights: • The IMF has marginally upgraded its 2026 global growth outlook, supported by resilience in select advanced economies and India. • The West Asia conflict continues to fuel inflationary pressures, prompting a more hawkish stance from several central banks globally. • Gold has overtaken US Treasuries as the largest global reserve asset, reflecting sovereign efforts to diversify reserves amid heightened uncertainty. • India’s capital account surplus is projected to strengthen significantly in FY27, aided by FCNR-related inflows and policy measures. • Structural reforms remain a key differentiator in sovereign resilience, with implementation quality increasingly influencing credit fundamentals. Read full report: careedgeglobal.com/uploads/g… @RajaniSinha2025 | Dr. @anniemahajan05 | Kiran Babu Kavala | Mihika Sharma | Sanroy Seechurn | Shobana Krishnan | @AkankshaBhende #GlobalEconomy #SovereignRatings #EconomicOutlook #Inflation #MonetaryPolicy #GlobalGrowth #CapitalFlows #Geopolitics #StructuralReforms #CreditInsights #CareEdgeGlobal

𝗚𝗿𝗼𝘄𝘁𝗵 𝗰𝗼𝗻𝘁𝗿𝗮𝗰𝘁𝗶𝗼𝗻 𝘄𝗲𝗶𝗴𝗵𝘀 𝗼𝗻 𝗦𝗼𝘂𝘁𝗵 𝗔𝗳𝗿𝗶𝗰𝗮’𝘀 𝗰𝗿𝗲𝗱𝗶𝘁 𝗳𝘂𝗻𝗱𝗮𝗺𝗲𝗻𝘁𝗮𝗹𝘀 South Africa's real GDP contracted by 0.2% Q-o-Q in Q2 2026, reversing six consecutive quarters of expansion. The downturn was driven by weakness in the mining, manufacturing and trade sectors, highlighting the economy's continued vulnerability to sector-specific shocks. While growth is expected to recover in the second half of the year, the renewed contraction has revived concerns about South Africa's structurally weak growth profile, which continues to constrain fiscal consolidation efforts and broader credit fundamentals. Read full report: careedgeglobal.com/uploads/g… #SouthAfrica #GDP #EconomicOutlook #FiscalConsolidation #CreditRisk #CreditFundamentals #Mining #Manufacturing #Trade #EmergingMarkets #MacroeconomicTrends #EconomicAnalysis #GrowthChallenges #MarketInsights #AfricaEconomy

Beyond the metrics. A resilient future. A new credit landscape. We are delighted to share that The Dialogue: Beyond the Metrics – Reforms, Resilience and New Credit Landscape garnered strong media attention, amplifying the discussions and insights shaping the future of credit, capital and global markets. #CareEdge #CareEdgeGlobal #TheDialogue #BeyondTheMetrics #CreditLandscape #EconomicResilience #Reforms #GlobalFinancialMarkets #CapitalMarkets #EconomicGrowth #IndiaGrowthStory #ThoughtLeadership #FinancialMarkets #SovereignRatings #BuildingIndia

𝐁𝐞𝐲𝐨𝐧𝐝 𝐭𝐡𝐞 𝐦𝐞𝐭𝐫𝐢𝐜𝐬. 𝐓𝐨𝐰𝐚𝐫𝐝𝐬 𝐚 𝐦𝐨𝐫𝐞 𝐫𝐞𝐬𝐢𝐥𝐢𝐞𝐧𝐭 𝐜𝐫𝐞𝐝𝐢𝐭 𝐥𝐚𝐧𝐝𝐬𝐜𝐚𝐩𝐞. CareEdge Global brought together industry leaders and experts for The Dialogue – Beyond The Metrics: Reforms, Resilience and New Credit Landscape, fostering meaningful conversations on the evolving credit landscape and the reforms shaping its future. From insightful addresses to engaging discussions and recognitions, the event highlighted the importance of collaboration, resilience, and forward-looking perspectives in navigating an ever-changing financial environment. We extend our sincere gratitude to all our speakers, distinguished guests, and participants for making the event a success. A special thank you to Shri K. Rajaraman, Chairperson, IFSCA Official, for his valuable insights and esteemed presence. Relive the highlights from an evening of insightful dialogue, shared perspectives, and meaningful connections. Watch the full event: youtube.com/live/fFP8rWhfiik… V Chandrasekaran | Mehul Pandya | Hemang Jani | Paul Coughlin | @jugeshinder (Robbie) Singh | @RevatiKasture | Arun Sharma | @osaghae_e | kaku nakhate | @balav1971 | Lingshu Liu | @niteshjain_ca | @jainaakaash #CareEdgeGlobal #BeyondTheMetrics #TheDialogue #CreditRatings #CreditLandscape #FinancialMarkets #EconomicResilience #ThoughtLeadership #CareEdge

𝗜𝘀 𝘁𝗵𝗲 𝗡𝗕𝗙𝗖 𝗴𝗿𝗼𝘄𝘁𝗵 𝘀𝘁𝗼𝗿𝘆 𝗯𝗲𝗰𝗼𝗺𝗶𝗻𝗴 𝗶𝗻𝗰𝗿𝗲𝗮𝘀𝗶𝗻𝗴𝗹𝘆 𝗿𝗲𝘁𝗮𝗶𝗹-𝗱𝗿𝗶𝘃𝗲𝗻? NBFC credit growth accelerated to 15.8% y-o-y in August 2026, with retail lending emerging as the primary growth engine. The latest CareEdge Ratings analysis highlights a notable shift in portfolio composition toward asset-backed retail segments. Key takeaways: • Retail accounted for 58% of incremental NBFC credit, with its share rising to 43.7% of total outstanding credit. • Gold loans remained the fastest-growing segment, expanding 69.1% y-o-y, supported by higher collateral values and strong borrower demand. • Consumer durables financing surged 56.4%, reflecting continued momentum in retail credit demand. • Industry credit grew a modest 8.4%, with power financing growth easing to 8.3%, indicating a gradual shift away from large-ticket exposures. • Going forward, funding costs, underwriting discipline, asset quality, and portfolio diversification will remain critical as competitive intensity rises across lending segments. Read full report: careratings.com/uploads/news… Vineet Jain | Saurabh Bhalerao | Ankush Pathrabe #NBFC #CreditGrowth #RetailLending #GoldLoans #ConsumerFinance #BFSI #FinancialSector #CreditMarkets #IndiaEconomy #CareEdgeRatings #BankingAndFinance #SectorInsights

India’s CPI inflation rose to 5.54% in September 2026, with food inflation remaining a key area to watch. @RajaniSinha2025, Chief Economist at CareEdge Ratings, shares insights on the latest inflation trends and their implications for the Indian economy with NDTV Profit. 🎥 Watch here: youtu.be/oBbkcjYHOz8?si=b_Vy… #CareEdgeRatings #CPIInflation #IndianEconomy #Inflation #MacroeconomicOutlook #EconomicInsights

𝗦𝘁𝗮𝘆 𝗨𝗽𝗱𝗮𝘁𝗲𝗱 𝘄𝗶𝘁𝗵 𝗖𝗮𝗿𝗲𝗘𝗱𝗴𝗲 𝗚𝗿𝗼𝘂𝗽 𝗼𝗻 𝗪𝗵𝗮𝘁𝘀𝗔𝗽𝗽! 🔗whatsapp.com/channel/0029Vag… Stay connected with us for the latest insights, updates, and expert analysis on global financial trends and market movements. Why Join Our WhatsApp Channel? Timely Updates: Receive real-time notifications on key financial developments and market trends. Expert Analysis: Gain access to in-depth reports and analyses from our team of seasoned experts. Convenient Access: Get all the information you need right at your fingertips, anytime, anywhere. Interactive Content: Engage with our content through polls, quizzes, and more. Stay Ahead with CareEdge Group: Our WhatsApp channel is designed to keep you informed and ahead of the curve. Whether you're a financial professional, investor, or simply interested in the latest market trends, our updates will provide valuable insights to help you make informed decisions. Join Us Today!

Key insights from @RajaniSinha2025, Chief Economist, CareEdge Ratings, on the drivers shaping India's inflation trajectory and the evolving wholesale price landscape. #EconomicOutlook #Inflation #WPIInflation #CareEdgeRatings #ThoughtLeadership #RajaniSinha #Economy #EnergyPrices #CrudeOil #IndiaEconomy

𝗜𝘀 𝟮𝟭% 𝗚𝗿𝗼𝘄𝘁𝗵 𝗶𝗻 𝗟𝗶𝗳𝗲 𝗜𝗻𝘀𝘂𝗿𝗮𝗻𝗰𝗲 𝗡𝗲𝘄 𝗕𝘂𝘀𝗶𝗻𝗲𝘀𝘀 𝗣𝗿𝗲𝗺𝗶𝘂𝗺 𝗠𝗮𝘀𝗸𝗶𝗻𝗴 𝗙𝗹𝗮𝘁 𝗥𝗲𝘁𝗮𝗶𝗹 𝗣𝗼𝗹𝗶𝗰𝘆 𝗦𝗮𝗹𝗲𝘀? A 20.6% rise in life insurance NBP in H1 FY27 signals healthy momentum, but the underlying drivers deserve closer attention. Growth is increasingly being fueled by group and single-premium segments, reshaping the industry's premium profile. Key takeaways: • Group business remains the growth engine, with its share rising to 64.5% of industry premiums in H1 FY27. • Private insurers continue to outpace LIC, expanding market share in both NBP and APE. • Single-premium products now account for 70.8% of H1 FY27 premiums, underscoring the industry's reliance on institutional flows. • Regulatory developments around expenses of management, commissions, bancassurance and distribution remain key monitorables for profitability and growth strategies. • Growth is likely to stay healthy, though increasing dependence on group business could keep monthly trends volatile. Read full report: careratings.com/uploads/news… Vineet Jain | Saurabh Bhalerao | Ankush Pathrabe #LifeInsurance #InsuranceSector #BFSI #CareEdgeRatings #InsuranceGrowth #FinancialServices #RiskInsights #MarketOutlook #LIC #PrivateInsurers

𝗕𝗮𝗻𝗸 𝗖𝗿𝗲𝗱𝗶𝘁 𝗚𝗿𝗼𝘄𝘀 𝟭𝟵.𝟰%, 𝗯𝘂𝘁 𝗜𝘀 𝗙𝘂𝗻𝗱𝗶𝗻𝗴 𝗜𝘁 𝗚𝗲𝘁𝘁𝗶𝗻𝗴 𝗖𝗼𝘀𝘁𝗹𝗶𝗲𝗿? CareEdge Ratings’ latest BFSI research highlights a quarter-end surge in banking activity, with credit growth continuing to outpace deposit mobilisation, raising important questions around funding costs and liquidity conditions. Key takeaways: • Bank credit growth accelerated to 19.4% YoY, while deposit growth stood at 17.8% YoY, widening the credit-deposit growth gap to ~155 bps. • The loan-to-deposit ratio (LDR) edged up to 81.0%, reflecting stronger credit expansion relative to deposits. • Liquidity surplus has narrowed from early-September peaks, while the RBI’s rate hike and tightening stance could push funding costs higher. • CD issuance nearly doubled during the fortnight, indicating increased reliance on wholesale funding as banks bridge the credit-deposit gap. As liquidity conditions evolve and rates move higher, the key watchpoint is whether deposit mobilisation can keep pace with credit demand without materially increasing funding costs. Read full report: careratings.com/uploads/news… Vineet Jain | Saurabh Bhalerao | Ankush Pathrabe #BankingSector #CreditGrowth #DepositGrowth #Liquidity #RBI #BankingResearch #BFSI #FundingCosts #FinancialSector #CareEdgeRatings #IndiaEconomy

𝗕𝗲𝘆𝗼𝗻𝗱 𝘁𝗵𝗲 𝗥𝗮𝘁𝗲 𝗛𝗶𝗸𝗲: 𝗪𝗵𝘆 𝗥𝗕𝗜’𝘀 𝗦𝗵𝗶𝗳𝘁 𝘁𝗼 𝗖𝗮𝗹𝗶𝗯𝗿𝗮𝘁𝗲𝗱 𝗧𝗶𝗴𝗵𝘁𝗲𝗻𝗶𝗻𝗴 𝗠𝗮𝘁𝘁𝗲𝗿𝘀 𝗠𝗼𝗿𝗲 𝗳𝗼𝗿 𝗕𝗮𝗻𝗸𝘀 𝗮𝗻𝗱 𝗡𝗕𝗙𝗖𝘀 A 25-bps hike may not be the real story. The Reserve Bank of India (RBI)’s shift to calibrated tightening could matter far more for lenders. By raising the repo rate to 5.50% and moving away from a neutral stance, the RBI has effectively ruled out rate cuts in this cycle. For banks and NBFCs, that means a higher-for-longer environment. Key takeaways: Banks: Near-term margin support is likely as loans reprice faster than deposits, but that advantage may fade as funding costs catch up. NBFCs: The funding mix becomes critical. Institutions dependent on wholesale borrowings may face sharper pressure on spreads. Asset quality: Resilient for now, but prolonged elevated rates could test highly leveraged borrowers. The key variables to watch are liquidity conditions, inflation trajectory, and lenders’ pricing power. Read full report: careratings.com/uploads/news… Vineet Jain | Saurabh Bhalerao #RBI #MonetaryPolicy #BankingSector #NBFC #CreditMarkets #BFSI #InterestRates #Liquidity #Inflation #FinancialSector #CareEdgeInsights #EconomicOutlook

𝗜𝗻𝗱𝗶𝗮’𝘀 𝗰𝗿𝗲𝗱𝗶𝘁 𝗲𝗻𝗴𝗶𝗻𝗲 𝗶𝘀 𝘀𝘁𝗶𝗹𝗹 𝗿𝘂𝗻𝗻𝗶𝗻𝗴 𝘀𝘁𝗿𝗼𝗻𝗴, 𝗯𝘂𝘁 𝘄𝗵𝗲𝗿𝗲 𝗶𝘀 𝘁𝗵𝗲 𝗺𝗼𝗺𝗲𝗻𝘁𝘂𝗺 𝗿𝗲𝗮𝗹𝗹𝘆 𝗰𝗼𝗺𝗶𝗻𝗴 𝗳𝗿𝗼𝗺? India’s non-food credit growth remained robust at 18.8% y-o-y in August 2026, with banks adding nearly ₹35 lakh crore over the past year. The expansion continues to be broad-based, though the drivers are evolving. Key takeaways: • Services led growth at 24.3%, driven primarily by strong bank lending to NBFCs, highlighting a shift in funding preferences. • Industrial credit remained healthy at 18.2%, with medium industries outpacing large borrowers, reflecting sustained capex and MSME demand. • Personal loans grew 16.9%, supported by vehicle finance and gold loans, although gold loan growth continued to moderate from elevated levels. • Agricultural credit accelerated to 17.2%, indicating broader participation in the credit cycle. Read full report: careratings.com/uploads/news… Vineet Jain | Saurabh Bhalerao | Ankush Pathrabe #CareEdgeRatings #BankingSector #CreditGrowth #BFSI #NBFCs #MSME #EconomicInsights #IndiaEconomy #BankingTrends #CreditMarkets #InfrastructureFinancing #FinancialSector

𝗜𝗻𝗱𝗶𝗮’𝘀 𝗕𝗮𝗻𝗸𝘀 𝗚𝗲𝘁 𝗮 $𝟭𝟯𝟯 𝗯𝗻 𝗗𝗲𝗽𝗼𝘀𝗶𝘁 𝗕𝗼𝗼𝘀𝘁: 𝗪𝗵𝗮𝘁 𝗙𝗖𝗡𝗥(𝗕) 𝗠𝗲𝗮𝗻𝘀 𝗳𝗼𝗿 𝗖𝗿𝗲𝗱𝗶𝘁, 𝗟𝗶𝗾𝘂𝗶𝗱𝗶𝘁𝘆 𝗮𝗻𝗱 𝗠𝗮𝗿𝗴𝗶𝗻𝘀 Key Insights: A one-off boost to deposits: FCNR(B) mobilised USD 133 billion, about 77% of FY27 deposit accretion through August. We estimate FY27 deposit growth at 13.5%-14.5%, with FCNR(B) adding approximately 480 bps. Credit deployment will be gradual: Majority of the pool mobilised by PSU and private banks could support fresh credit, with the balance used for liquidity buffers and retiring wholesale funding. Margins: NIMs may be mildly dilutive in Q2FY27 as funds are first held in liquid assets or used to repay short term liabilities, before improving in the second half of FY27 as deployment into higher-yielding domestic commercial advances picks up. The key monitorable now is whether domestic deposit mobilisation can sustain growth once the FCNR(B) boost fades. Read full report: careratings.com/uploads/news… Vineet Jain | Saurabh Bhalerao | Ankush Pathrabe #BankingSector #FCNRB #Deposits #CreditGrowth #Liquidity #BankingLiquidity #BFSI #CareEdgeRatings #IndianBanking #FinancialSector #MacroInsights #CreditOutlook

𝗪𝗲𝗮𝗸𝗲𝗿 𝗺𝗼𝗻𝘀𝗼𝗼𝗻 𝘄𝗲𝗶𝗴𝗵𝘀 𝗼𝗻 𝗔𝗴𝗿𝗶𝗰𝘂𝗹𝘁𝘂𝗿𝗮𝗹 𝗽𝗿𝗼𝗱𝘂𝗰𝘁𝗶𝗼𝗻 𝗮𝗻𝗱 𝗜𝗻𝗳𝗹𝗮𝘁𝗶𝗼𝗻. The 2026 Southwest Monsoon ended with a 12.7% rainfall deficit, making it the weakest monsoon performance in a decade. While the broader economy remains more resilient to rainfall shocks than in the past, emerging pressures on agriculture and food prices warrant close attention. Key takeaways from our latest report: • Rainfall deficits persisted across all regions, with the steepest shortfalls in East & North-East India and the South Peninsula. • Reservoir storage recovered through the season but remains below both last year’s levels and seasonal norms, posing risks for rabi sowing. • Kharif acreage declined 1.1% YoY, while weaker soil moisture and a strengthening El Niño raise concerns for rabi output. • Food inflation risks are building, particularly in commodities such as sugar and edible oils, with weather-related uncertainties likely to remain a key watchpoint. • CareEdge expects food inflation to peak in Q3 FY27, keeping the inflation outlook less benign. A deficient monsoon may not impact growth substantially, but its impact on agri- production, inflation and rural demand remains critical to watch. Read full report: careratings.com/uploads/news… @RajaniSinha2025 | Bharadwaj Sastry | Tanya Singh #Monsoon2026 #Inflation #FoodInflation #Agriculture #RabiSeason #ElNino #IndianEconomy #EconomicOutlook #RuralDemand #CareEdgeInsights #Macroeconomics #PolicyWatch