Search For "fitch rating"
Coronavirus set to dampen China's economic growth: Fitch
Updated : 6 years, 4 months ago IST
Hong Kong, Feb 7 (ANI): The ongoing coronavirus outbreak will dampen economic growth in China this year but the scale of the impact remains uncertain and will depend on the duration and intensity of the health crisis, Fitch Ratings has said.
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Budget targets slide amid growth slowdown: Fitch Ratings
Updated : 6 years, 4 months ago IST
Hong Kong, Feb 5 (ANI): The Union Budget for fiscal year ending March 2021 (FY21) implies a modest degree of slippage from previous targets to consolidate public finances, Fitch Ratings said on Wednesday.
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No rating impact on Adani Ports from KPCL acquisition: Fitch Ratings
Updated : 6 years, 5 months ago IST
Hong Kong, Jan 7 (ANI): Fitch Ratings has said there is no rating impact on Adani Ports and Special Economic Zone (APSEZ) from its proposed acquisition of a 75 per cent stake in Krishnapatnam Port Company Ltd (KPCL).
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Fitch affirms Shriram Transport Finance at BB plus with stable outlook
Updated : 6 years, 5 months ago IST
Mumbai (Maharashtra) [India], Dec 17 (ANI): Fitch Ratings has affirmed Shriram Transport Finance Co Ltd's (STFC's) long-term issuer default rating (IDR) at BB plus with a stable outlook.
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Hong Kong's role in global finance intact despite unrest: Fitch Ratings
Updated : 6 years, 5 months ago IST
Hong Kong, Dec 13 (ANI): There is little evidence so far that the social unrest in Hong Kong has adversely affected its role as a global financial centre, even amid severe short-term economic pressures, according to Fitch Ratings.
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More NBFCs to go offshore as funding crunch continues: Fitch Ratings
Updated : 6 years, 5 months ago IST
Hong Kong, Dec 10 (ANI): India's non-bank financial companies (NBFCs) will look increasingly to offshore financing in 2020 as local funding conditions are likely to remain under pressure, according to Fitch Ratings.
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Indian banks' loan write-offs to continue: Fitch Ratings
Updated : 6 years, 6 months ago IST
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.
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Indian telcos tariff hike, reliefs won't offset unpaid dues: Fitch
Updated : 6 years, 6 months ago IST
Singapore, Nov 22 (ANI): The decision by all three private Indian telecommunication companies to raise tariffs from December and a two-year moratorium on payment of spectrum dues are unlikely to be sufficient to offset the impact of a recent Supreme Court judgement for incumbents Bharti Airt
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Sri Lanka election result increases policy uncertainty: Fitch
Updated : 6 years, 6 months ago IST
Hong Kong, Nov 22 (ANI): Sri Lanka's presidential election significantly increases policy uncertainty and could prompt loosening that exacerbates fiscal weaknesses and a rollback of reforms, according to Fitch Ratings.
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India's credit squeeze pushes growth to a six-year low: Fitch Ratings
Updated : 6 years, 7 months ago IST
London [Britain], Oct 25 (ANI): The Indian economy is being held back by a large squeeze in credit availability emanating from non-bank financial companies (NBFCs), according to Fitch Ratings.
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Muthoot Finance gets good ratings from three global agencies
Updated : 6 years, 7 months ago IST
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.
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Tax cuts may bolster growth eventually but fiscal impact comes sooner: Fit
Updated : 6 years, 8 months ago IST
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.
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