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Date	Sector	Reports	Category
26 May 2026	State Government Finance	Weighted average SGS cut-off eased by 5 bps to 7.81%; spread of 10-year SGS over G-sec remained firm at 81bps	Thematic Report
21 May 2026	State Government Finance	States may have to recalibrate their spending in FY2027 amid expected revenue shortfall	Thematic Report
19 May 2026	State Government Finance	Weighted average SGS cut-off increased by 9 bps to 7.86% despite continued lower-than-indicated issuance	Thematic Report
12 May 2026	State Government Finance	Weighted average SGS cut-off eased by 3 bps to 7.77% amid continued lower-than-indicated issuance	Thematic Report
05 May 2026	State Government Finance	Weighted average SGS cut-off rose by 6 bps to 7.80% despite continued lower-than-indicated issuance	Thematic Report
04 May 2026	Economic Outlook & Macro Trends	Macro implications of West Asia conflict differs from Covid	Thematic Report
29 Apr 2026	Economic Outlook & Macro Trends	West Asia crisis, weak monsoon forecast dampen outlook for investment activity in FY2027	Thematic Report
28 Apr 2026	State Government Finance	Actual issuances in April 2026 were 23% lower than indicated, narrower than earlier 40-80% gap, aided by in-line issuance of BIS states	Thematic Report
21 Apr 2026	State Government Finance	Weighted average SGS cut-off eased by 8 bps to 7.73% amid lower-than-indicated borrowing	Thematic Report
13 Apr 2026	State Government Finance	Weighted average SGS cut-off eased by 13 bps to 7.81% amid lower-than-indicated borrowing in second SGS auction of FY2027	Thematic Report
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Most Trending Research Reports

Weighted average SGS cut-off eased by 5 bps to 7.81%; spread of 10-year SGS over G-sec remained firm at 81bps

State Government Finance

26 May 2026

Wholesale and retail volumes grew by 26% and 23% YoY, respectively, in April 2026

Tractors

26 May 2026

Impact across sectors is uneven, with entities adopting measures to manage and mitigate challenges

Cross-sectoral trends and outlook

25 May 2026

States may have to recalibrate their spending in FY2027 amid expected revenue shortfall

State Government Finance

21 May 2026

Rising input costs amid West Asia tension to compress OPBITDA/MT to Rs. 820-870/MT in FY2027

Cement

20 May 2026

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Credit Perspective Reports

ICRA's 'Credit Perspectives' provide detailed analysis on ratings assigned. These reports broadly cover the following areas: Key rating considerations..

What's latest in CPR

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Rating Rationales

Date	Category	Report
26 May 2026	Corporate Debt Rating	National Fertilizers Limited: Ratings reaffirmed
26 May 2026	Corporate Debt Rating	Raghu Rama Rice Industry: Rating reaffirmed
26 May 2026	Structured Finance Rating	KEERTANA FINSERV LIMITED : Rating withdrawn for PTCs backed by a pool of micro enterprise loan receivables
26 May 2026	Corporate Debt Rating	Swastik Tradelink Private Limited: Ratings Withdrawn
26 May 2026	Financial Sector Rating	Infina Finance Private Limited: [ICRA]AA+ (Stable) assigned to non-convertible debentures; ratings reaffirmed and rated amount enhanced
26 May 2026	Corporate Debt Rating	Sree Kamakshi Raw And Boiled Rice Mill:Continues to remain under issuer non-cooperating category
26 May 2026	Corporate Debt Rating	SPDD INFRA PRIVATE LIMITED:Continues to remain under issuer Non-Cooperating category
26 May 2026	Corporate Debt Rating	Indraprastha Medical Corporation Limited: Ratings reaffirmed
26 May 2026	Corporate Debt Rating	TRW Sun Steering Wheels Pvt. Ltd.:Continues to remain under issuer non-cooperating category
26 May 2026	Corporate Debt Rating	TD Toll Road Private Limited:Continues to remain under issuer Non-Cooperating category