Search For "downgrade"
AM Best downgrades credit ratings of New India Assurance
Updated : 5 years, 8 months ago IST
Singapore, July 20 (ANI): AM Best has downgraded the financial strength rating of New India Assurance Company Ltd -- the largest player in India's non-life insurance market -- to B-double plus (good) from A-minus (excellent) and the long-term issuer credit rating to bbb-plus from a-minus.
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Negative credit trends for A-Pac non-financial companies to continue: Mood
Updated : 5 years, 8 months ago IST
Hong Kong, July 17 (ANI): Moody's Investors Service said on Friday it expects negative credit trends for Asia Pacific non-financial companies to continue through 2020 as global lockdowns have caused severe disruptions in economic activity during the first half of the year.
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Acuite downgrades Goa Carbon ratings on Rs 273 crore bank facilities
Updated : 5 years, 8 months ago IST
Mumbai (Maharashtra) [India], July 13 (ANI): Acuite has downgraded its long term rating to BBB-minus from BBB and reaffirmed its short term rating of A3-plus on Rs 273 crore bank facilities of Goa Carbon Ltd.
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ICRA reaffirms GE T&D India's credit ratings, outlook revised to negat
Updated : 5 years, 8 months ago IST
New Delhi [India], July 8 (ANI): ICRA has reaffirmed GE T&D India's long-term and short-term credit ratings but downgraded the outlook from stable to negative for long-term ratings.
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AM Best downgrades credit ratings of GIC Re
Updated : 5 years, 8 months ago IST
Singapore, July 3 (ANI): AM Best has downgraded the financial strength rating (FSR) to B-plus-plus (good) from A-minus (excellent) and the long-term issuer credit rating (ICR) to bbb-plus from a-minus of General Insurance Corporation of India (GIC Re).
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Ind-Ra downgrades Haldia Petrochemicals to AA-minus with negative outlook
Updated : 5 years, 9 months ago IST
Mumbai (Maharashtra) [India], June 29 (ANI): India Ratings and Research (Ind-Ra) on Monday downgraded Haldia Petrochemicals Ltd's (HPL's) long-term issuer rating to AA-minus from AA while resolving the rating watch negative (RWN).
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S&P downgrades four Indian NBFCs on weakening economic conditions
Updated : 5 years, 9 months ago IST
Singapore, June 27 (ANI): S&P Global Ratings has downgraded ratings on four Indian finance companies on weak economic conditions due to Covid-19 and affirmed ratings on two others.
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CARE downgrades BHEL's long-term bank facilites to AA
Updated : 5 years, 9 months ago IST
New Delhi [India], June 27 (ANI): CARE has downgraded the rating on the long-term bank facilities of Bharat Heavy Electricals Ltd (BHEL) to AA from AA-plus while reaffirming the outlook to stable.
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Religious, ethnic minorities particularly vulnerable to trafficking in Pak
Updated : 5 years, 9 months ago IST
Washington [US], June 26 (ANI): Asserting that Pakistan did not demonstrate overall increasing efforts to eliminate human trafficking, the United States has downgraded Islamabad to the 'Tier 2 Watch List' on the country trafficking scale.
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Volatile trade at bourses as IMF downgrade on growth projections dents inv
Updated : 5 years, 9 months ago IST
Mumbai (Maharashtra) [India], June 25 (ANI): Equity benchmark indices edged marginally lower on Thursday due to weak global cues after the International Monetary Fund forecast the global output to shrink by 4.9 per cent this year.
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ICRA, CARE downgrade Yes Bank's rating on upper tier-2 bonds to D
Updated : 5 years, 9 months ago IST
Mumbai (Maharashtra) [India], June 24 (ANI): Rating agencies ICRA and CARE have downgraded Yes Bank's rating on Rs 32,611.7 crore upper tier-2 bonds to D.
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Moody's downgrades Tata Motors to B1, changes outlook to negative
Updated : 5 years, 9 months ago IST
Singapore, June 19 (ANI): Moody's Investors Service has downgraded Tata Motors Ltd's (TML's) corporate family rating (CFR) and the company's senior unsecured instruments rating to B1 from Ba3.
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