Singapore, October 9 (ANI): Fitch Ratings has affirmed Hindustan Petroleum Corporation Ltd's (HPCL's) long-term foreign currency issuer default rating at BBB-minus with a negative outlook.
Singapore, Oct 7 (ANI): Fitch Ratings has affirmed Export Import Bank of India's (EXIM) long-term issuer default rating at BBB-minus with negative outlook, mirroring the outlook on India's sovereign rating (BBB-minus/negative).
Mumbai (Maharashtra), October 6 (ANI): Indian banks face a tough operating environment in the near term as stressed loans and write-offs increase as a result of the economic fallout from the coronavirus pandemic, Fitch Ratings said on Tuesday.
Hong Kong, October 6 (ANI): The Indian IT services sector is likely to resume high single-digit revenue growth in 2021-2022 on higher demand for digital transformation, according to a new report by Fitch Ratings released on Tuesday.
Singapore, October 5 (ANI): Moody's Investors Service on Monday assigned a Ba2 rating to the proposed senior unsecured notes to be issued by Periama Holdings LLC, a wholly-owned indirect subsidiary of JSW Steel Ltd.
Singapore, October 1 (ANI): Provisioning levels will remain elevated across Asia Pacific (A-Pac) banking sectors in the second half of this year and 2021, according to Fitch Ratings.
London [UK], September 25 (ANI): Chinese banks and international non-US banks with connections to China could become ensnared in processes leading to US sanctions, Fitch Ratings has said in a new report.
Singapore, September 22 (ANI): Greenko Energy Holdings' credit profile will benefit from lower-than-anticipated leverage and addition of multiple diversified renewable energy projects with strong operating records as part of ongoing investment by Japan's Orix Corporation, Fitch Ratings said
Mumbai (Maharashtra) [India], September 22 (ANI): Fitch Ratings has taken rating action on the long-term issuer default ratings of four Indian non-bank financial institutions (NBFIs) in light of the companies' performance amid the coronavirus pandemic.
London [UK], September 18 (ANI): The environmental, social and governance (ESG) factors could increasingly influence global banks' financing activities relating to commodity producers in forest-risk regions as deforestation is under growing scrutiny from activists and policymakers, Fitch Rat
Singapore, September 17 (ANI): Fitch Ratings has maintained Cairn India Holdings Ltd (CIHL) long-term issuer default rating of B-plus on rating watch negative (RWN).
Mumbai (Maharashtra) [India], Sep 16 (ANI): Fitch Ratings said on Wednesday it expects weak property demand and a sluggish construction cycle to cause India's cement consumption to drop by more than 15 per cent in the current financial year as more than 65 per cent of domestic cement demand