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Fitch affirms stable outlook on India, citing robust growth
Updated : 6 months, 3 weeks ago IST
Fitch Ratings on Monday affirmed India's Long-Term Foreign-Currency Issuer Default Rating (IDR) at 'BBB-' with a stable outlook.
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India insulated from global trade war, says Fitch; revises GDP growth fore
Updated : 12 months ago IST
Fitch Ratings has revised India's growth rate for FY25-26 to 6.5 per cent and to 6.3 per cent for FY26-27 in its March Edition of the Global Economic Outlook because of the US-imposed global trade war. However, it adds that India is somehow insulated because of its self-sufficiency.
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Fitch revises down India's 2024-25 GDP forecast to 6.4%
Updated : 1 year, 3 months ago IST
The downward revision from the rating agency came soon after the Reserve Bank in its latest monetary policy cut growth forecast to 6.6 per cent from 7.2 per cent.
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Fitch maintains India's rating at BBB-Stable, as coalition govt takes s
Updated : 1 year, 9 months ago IST
Fitch Ratings has maintained its assessment of India's Long-Term Foreign-Currency Issuer Default Rating (IDR) at 'BBB-' with a Stable Outlook, despite the coalition government following the recent election results.
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Indian banks' profitability to remain resilient despite margin pressure: F
Updated : 1 year, 11 months ago IST
Profitability of Indian banks is likely to continue to improve, although net interest margin (NIM) compression will limit earnings upside over the medium term, according to Fitch Ratings.
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India's green energy sector receives strong 'BB-' Credit Rating: Fitch
Updated : 2 years, 4 months ago IST
According to Fitch's report, the rating on the notes reflects the 'bb' credit assessment of a restricted group of operating entities under ReNew Power Private Limited (BB-/Stable) - one of the largest renewable-energy independent power producers in India - notched down because of the orphan
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Indian banks’ operating environment strengthened as pandemic risks ebbed:
Updated : 2 years, 7 months ago IST
The operating environment for Indian banks has strengthened as economic risks associated with the Covid-19 pandemic have ebbed, said Fitch Ratings.
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Sustained demand, easing cost pressure to aid Indian corporates' profit: F
Updated : 2 years, 8 months ago IST
Fitch expects India's bank credit growth to remain reasonably robust after 15.4 per cent growth in 2022-23
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Fitch raises India growth outlook for 2023-24 to 6.3 pc on firm macro indi
Updated : 2 years, 8 months ago IST
Fitch Ratings has raised India's growth forecast for 2023-24 to 6.3 per cent from its earlier estimate of 6.0 per cent in March -- making the country one of the fastest-growing major economies in the world.
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Fitch rates IRFC's proposed USD notes as BBB-minus
Updated : 5 years, 1 month ago IST
Hong Kong, February 3 (ANI): Fitch on Wednesday assigned Indian Railway Finance Corporation Ltd's (IRFC's) proposed US dollar Regulation S/144A senior unsecured notes a rating of BBB-minus.
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S&P report very satisfying: Piyush Goyal
Updated : 8 years, 3 months ago IST
New Delhi [India], November 24 (ANI): Union Railways and Coal Minister Piyush Goyal on Friday said the recent Standard & Poor's (S&P) Global's report was very satisfying and that it showed that the Indian economy was moving further.
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