Search For "fitch rating"
Banks consolidation no fix for near-term challenges: Fitch Ratings
Updated : 6 years, 8 months ago IST
Mumbai (Maharashtra) [India], Sep 11 (ANI): The proposed further consolidation of Indian state-owned banks should be a long-term positive for the industry but not necessarily a remedy for its near-term challenges, Fitch Ratings said on Wednesday.
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Steps to boost lending could increase banking sector risk: Fitch
Updated : 6 years, 9 months ago IST
Mumbai (Maharashtra) [India], Sep 6 (ANI): Risks in India's banking sector may rise as a result of the central bank's steps encouraging more lending to non-bank financial institutions (NBFIs) and retail borrowers, Fitch Ratings said on Friday.
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China slowdown to hit banks in Asian developed markets most: Fitch
Updated : 6 years, 9 months ago IST
Singapore, Aug 21 (ANI): Banks in Asia's trade-dependent developed markets will face the most pressure on their credit profiles in the event of a sharp slowdown in the Chinese economy, according to a new report by Fitch Ratings.
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Fitch too downgrades Macrotech Developers to B minus, warns of more rating
Updated : 6 years, 9 months ago IST
Singapore, Aug 16 (ANI): Fitch Ratings said on Friday it has downgraded leading real estate player Macrotech Developers Ltd (MDL) due to the concerns on liquidity management.
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NBFI funding squeeze to hit property developers hardest: Fitch
Updated : 6 years, 9 months ago IST
Mumbai (Maharashtra) [India], Aug 16 (ANI): Liquidity risk is increasing for Indian real estate developers as non-bank financial institutions (NBFIs) including housing finance companies are shying away from lending to the sector, Fitch Ratings said on Friday.
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Indian non-banks' relief from funding pressure only short-term: Fitch
Updated : 6 years, 10 months ago IST
Mumbai (Maharashtra) [India] July 25 (ANI): The Indian government's partial credit guarantee on asset purchases from non-bank lenders will ease funding pressure on the non-bank sector in the short term, Fitch Ratings said on Thursday but added that it does not address investors' long-term co
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Fitch downgrades Tata Motors to BB- with negative outlook
Updated : 6 years, 10 months ago IST
Mumbai (Maharashtra) [India], July 24 (ANI): Fitch Ratings on Wednesday downgraded the long-term issuer default rating of Tata Motors Limited to BB- from BB with a negative outlook.
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Fitch affirms Indian Oil at BBB- with stable outlook
Updated : 6 years, 10 months ago IST
Mumbai (Maharashtra) [India], July 23 (ANI): Fitch Ratings on Tuesday affirmed Indian Oil Corporation Ltd's (IOC's) long-term foreign currency issuer default rating at BBB- with stable outlook.
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Fitch affirms Glenmark Pharmaceuticals at 'BB' with stable outlook
Updated : 6 years, 11 months ago IST
Mumbai (Maharashtra) [India], July 11 (ANI): Fitch Ratings on Thursday affirmed Glenmark Pharmaceuticals Ltd's long-term issuer default rating at 'BB' with a stable outlook.
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Budget advances economic reform, but fiscal settings unchanged: Fitch
Updated : 6 years, 11 months ago IST
London [Britain], July 10 (ANI): Financial information services major Fitch Ratings said on Wednesday that the Union Budget for 2019-20 outlines some economic reforms that could support the economy but its fiscal stance remains broadly unchanged with no plans for meaningful consolidation.
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Trade wars causing collateral damage to global economic outlook: Fitch
Updated : 6 years, 11 months ago IST
New York [USA], June 23 (ANI): Threats to global growth outlook from protectionism have become much more significant in recent months which raise the possibility of disruptions to trade and investments, according to Fitch Ratings Inc.
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Slowdown in agriculture, manufacturing may pull GDP down to 6.6 pc: Fitch
Updated : 6 years, 11 months ago IST
London [Britain], June 18 (ANI): Global rating agency Fitch Ratings has cut forecast for India's gross domestic product (GDP) growth to 6.6 per cent for the current fiscal 2019-20, from 6.8 per cent projected three months ago, largely due to persistent slowdown in manufacturing and agricultu
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