Search For "fitch ratings"
Passenger vehicle sales up 11 pc in January: SIAM
Updated : 5 years, 1 month ago IST
New Delhi [India], February 11 (ANI): Passenger vehicle sales rose by 11 per cent to 2.76 lakh units in January from 2.48 lakh units in the year-ago period, the Society of Indian Automobile Manufacturers (SIAM) said on Thursday.
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Credit impact of Indian Budget hinges on growth outlook: Fitch
Updated : 5 years, 1 month ago IST
Hong Kong, February 11 (ANI): India's Budget presented by the government on February 1 points to a loosening of fiscal policy to support the country's ongoing economic recovery from the pandemic and will consequently lead to a rise in public debt, Fitch Ratings said on Thursday.
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Budget proposals positive for India's insurance industry: Fitch
Updated : 5 years, 1 month ago IST
Colombo [Sri Lanka], Feb 10 (ANI): India's 2021-2022 Budget has proposed relaxing foreign-ownership caps on insurers and listing the country's largest state-owned insurer, measures that Fitch Ratings says will help the industry attract foreign capital, strengthen solvency and promote competi
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Capital support for Indian govt banks to determine loan growth: Fitch
Updated : 5 years, 1 month ago IST
Mumbai (Maharashtra), Feb 8 (ANI): Indian state-owned banks will be forced to continue on a path of risk aversion and soft loan growth without adequate capital support from the state, according to Fitch Ratings.
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Jio, Bharti continue to grow on higher tariff, more subscribers: Fitch
Updated : 5 years, 1 month ago IST
Singapore, February 5 (ANI): Fitch Ratings on Friday forecast the Indian telecom industry's mobile segment EBITDA to increase by at least 40 per cent in the financial year to end-March 2021 (FY21) compared with 25 per cent in FY20 following strong performances by market leader Reliance Ji
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India's discom reform plan to benefit gencos in long term: Fitch
Updated : 5 years, 1 month ago IST
Singapore, Feb 2 (ANI): India's proposed plan to improve operations and finances of state-owned distribution companies (discoms), the weakest link in power supply value chain, will help mitigate cash flow stress observed in rated power generation companies (gencos) over time, according to Fi
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Deficit targets in India's Budget are higher: Fitch
Updated : 5 years, 1 month ago IST
Singapore, February 2 (ANI): Deficit targets presented in India's Budget are higher and medium-term consolidation more gradual than expected, Fitch Ratings said on Tuesday.
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India's NBFI regulatory changes to strengthen sector stability: Fitch
Updated : 5 years, 1 month ago IST
Singapore, January 27 (ANI): The proposed changes to regulatory framework for non-bank financial institutions (NBFIs) unveiled in the Reserve Bank of India's recent discussion paper are likely to enhance the sector's stability, according to Fitch Ratings.
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Fitch affirms GMR Hyderabad International Airport at BB-plus
Updated : 5 years, 2 months ago IST
Singapore, January 21 (ANI): Fitch Ratings on Thursday affirmed GMR Hyderabad International Airport Ltd's (GHIAL's) long-term issuer default rating and rating on outstanding senior secured notes at BB-plus.
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India's labour, agricultural reforms can spur medium-term growth: Fitch
Updated : 5 years, 2 months ago IST
Hong Kong, January 20 (ANI): India's reform agenda may help to support medium-term growth and partially offset downside pressures to investment from renewed asset-quality challenges in the financial sector and damaged corporate balance sheets, Fitch Ratings said on Wednesday.
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Fitch downgrades Delhi Airport to BB with negative outlook
Updated : 5 years, 2 months ago IST
Singapore, Jan 18 (ANI): Fitch Ratings said on Monday it has downgraded Delhi International Airport Ltd's (DIAL's) long-term issuer default rating (IDR) and the ratings on its outstanding senior unsecured notes to BB from BB-plus.
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India's medium-term growth will slow to 6.5 pc after initial rebound: Fitc
Updated : 5 years, 2 months ago IST
London [UK], January 14 (ANI): The Indian economy will suffer a lasting damage from coronavirus crisis and after an initial strong rebound in fiscal year ending March 2022, the growth will slow to around 6.5 per cent a year over FY23 to FY26, according to Fitch Ratings.
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