Mumbai (Maharashtra) [India], Dec 27 (ANI): Stock market regulator Securities and Exchange Board of India (SEBI) has imposed a fine of Rs 25 lakh on each of three leading credit rating agencies for their failure to carry out proper due diligence when assigning credit ratings to the troubled
Ernakulam (Kerala) [India], Oct 11 (ANI): Muthoot Finance, the country's largest gold financing company in terms of loan portfolio, has obtained credit ratings from three global agencies as it prepares to access the debt market.
Pune (Maharashtra) [India] August 06 (ANI/BusinessWire India): The Reserve Bank of India (RBI) has reduced the repo rate by 75 basis points in the past 6 months and is expected to deliver a fourth consecutive rate cut of 25 basis points on August 7, 2019.
Mumbai (Maharashtra) [India], July 10 (ANI): Brickwork Ratings has downgraded credit ratings of government-owned specialised financial institution IFCI Limited's long-term debt instruments, non-convertible debentures and bonds from BWR A minus to BBB plus with negative outlook.
Mumbai (Maharashtra) [India], June 29 (ANI): Investment information company ICRA has downgraded credit ratings of government-owned specialised financial institution IFCI Limited from BBB+ to BBB with a negative outlook.
New Delhi [India], June 8 (ANI): In a major development reaffirming Jindal Stainless Ltd. (JSL)'s economic growth, it has received a rating upgrade from CARE, to 'BBB-' from BB+.
New York [United States], June 7 (ANI): Credit ratings agency Moody's on Thursday said that it expects India to meet its fiscal deficit target of 3.3.percent of GDP for fiscal 2018-19, based on the incumbent government's commitment towards fiscal consolidation as well as its "achievable" bud
New Delhi [India], Apr. 05 (ANI): In a major development reaffirming Jindal Steel and Power Limited's (JSPL) improved operational and financial performance during FY 2017-18, leading ratings firm CARE has upgraded JSPL's bank and instrument facilities to 'Investment Grade with Stable Outlook