Search For "credit quality"
India Inc credit outlook turns positive, upgrades rise: Crisil
Updated : 4 years, 7 months ago IST
Mumbai (Maharashtra) [India], Aug 21 (ANI): Crisil Ratings has revised the credit quality outlook of India Inc for fiscal 2022 to positive from cautiously optimistic earlier, predicated on a sustained recovery in demand after the blip caused by the second wave of Covid-19 afflictions in the
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S&P revises Adani Electricity Mumbai's outlook to negative, BBB-minus
Updated : 4 years, 7 months ago IST
Singapore, July 31 (ANI): S&P Global Ratings has revised its outlook on Adani Electricity Mumbai Ltd (AEML) to negative from stable.
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Reliance Industries' deleveraging set to continue: S&P
Updated : 4 years, 10 months ago IST
Singapore, May 6 (ANI): S&P Global Ratings has said Reliance Industries Ltd's (RIL's) deleveraging of its balance sheet is likely to continue with the company's prudent investment policies, stable operations and potential for further asset monetisation supporting the trend.
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Moody's assigns Ba3 to Cliffton's USD notes
Updated : 5 years ago IST
Singapore, March 8 (ANI): Moody's Investors Service has assigned a Ba3 rating to the proposed 4.6-year USD senior secured notes to be issued by Cliffton Ltd.
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Profits, credit quality of companies in India recovering about six months
Updated : 5 years, 1 month ago IST
Singapore, Feb 10 (ANI): Profits and credit quality of companies rated by S&P Global Ratings in India, China and Pacific are recovering about six months faster than the agency anticipated with reducing downside risk to ratings.
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Asia Pacific issuers take divergent tracks on recovery path: S&P
Updated : 5 years, 3 months ago IST
Melbourne [Australia], December 7 (ANI): As borrowers rebuild businesses and finances in 2021, the operating backdrop should improve with economies rebounding and COVID-19 vaccines coming online, S&P Global Ratings said on Monday.
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Covid-19 disruptions exacerbate credit quality deterioration for India Inc
Updated : 5 years, 6 months ago IST
Singapore, Sep 11 (ANI): The aggregate earnings before interest, taxes, depreciation and amortisation (EBITDA) for 22 rated Indian non-financial companies will fall by 24 per cent in the current financial year, global rating agency Moody's said on Friday.
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Credit quality weakens for A-Pac metals and mining on economic slowdown
Updated : 5 years, 6 months ago IST
Singapore, September 3 (ANI): The aggregate earnings before interest, taxes, depreciation and amortisation (EBITDA) for 24 rated mining and mining services companies in the Asia Pacific will decline around 10 per cent to 53 billion dollars in 2020 from 59 billion dollars in 2019, Moody's Inv
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Policy stimulus to provide companies, banks only partial relief in credit
Updated : 5 years, 11 months ago IST
Singapore, April 22 (ANI): Asia's policy response will cushion but not fully offset the economic and financial fallout from the coronavirus outbreak despite governments across the region being swift in putting in place policies to support businesses and workers, according to Moody's Investor
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India's economy constrained by weakening household consumption: Moody's
Updated : 6 years, 3 months ago IST
Singapore, Dec 16 (ANI): India's weak household consumption will curb economic growth and weigh on the credit quality of Indian issuers in a range of sectors, Moody's Investors Service said on Monday.
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Tata Steel's cost rationalisation in European operations a credit positive
Updated : 6 years, 4 months ago IST
Singapore, Nov 25 (ANI): Tata Steel's planned cost rationalisation programme for its wholly-owned subsidiary Tata Steel UK Holdings (TSUKH) is credit positive for both companies because it will support a turnaround in the latter's less profitable operations that have dragged on Tata Steel's
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ICRA downgrades Yes Bank's bonds as quality of large borrowers slides
Updated : 6 years, 10 months ago IST
Mumbai (Maharashtra) [India], May 4 (ANI): Private lender Yes Bank said on Saturday that rating agency ICRA has downgraded its tier-I and tier-II bonds and infrastructure debt following deterioration in the credit quality of large ticket borrowers.
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