Mumbai (Maharashtra) [India], August 7 (ANI): India Ratings and Research (Ind-Ra) has affirmed IDFC First Bank's (IDFCFB's) debt instruments' ratings at AA-plus with a negative outlook.
Mumbai (Maharashtra) [India], Mar 4 (ANI): India Ratings and Ratings (Ind-Ra) on Thursday maintained a stable outlook on retail non-banking finance company (NBFC) and housing finance company sectors for FY22.
Hong Kong, January 20 (ANI): India's reform agenda may help to support medium-term growth and partially offset downside pressures to investment from renewed asset-quality challenges in the financial sector and damaged corporate balance sheets, Fitch Ratings said on Wednesday.
Singapore, May 29 (ANI): Indian banks are looking at significant asset quality challenges for at least the next two years despite regulatory measures, according to Fitch Ratings.
Singapore, Dec 5 (ANI): Indian banks are likely to take significantly more loan write-offs against a backdrop of rising provisions and weak recovery prospects, Fitch Ratings said on Thursday.
Hong Kong, Sep 26 (ANI): India's corporate tax cuts support efforts to stimulate investment and GDP growth in the medium term but will cause the fiscal deficit to widen in the near term, Fitch Ratings said on Thursday.