Search For "fitch ratings"
Fitch upgrades outlook of 4 Adani Group companies to stable from negative;
Updated : 1 year ago IST
Fitch Ratings has revised the outlook of four Adani group companies to Stable from Negative and affirmed the ratings at 'BBB-'.
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Fitch affirms stable rating on Union Bank of India
Updated : 1 year ago IST
Fitch Ratings has affirmed the Long-Term Issuer Default Rating (IDR) of Union Bank of India at 'BBB-' and its outlook as 'Stable'.
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Fitch affirms stable rating on Punjab National Bank
Updated : 1 year ago IST
Fitch Ratings has affirmed Punjab National Bank's (PNB) Long-Term Issuer Default Rating (IDR) at 'BBB-' and its outlook as 'Stable. '
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Fitch removes Adani Energy Solutions from negative watch in first rating u
Updated : 1 year ago IST
In a statement Monday, Fitch affirmed the said ratings, noting that the Adani group "has demonstrated adequate funding access" since the US indictment of certain board members of another group entity, Adani Green Energy Limited (AGEL), on 20 November 2024.
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Lower Brent prices to support margins for Indian fuel refiners: Fitch
Updated : 1 year, 1 month ago IST
Indian oil marketing companies' EBITDA will rise in the next financial year - 2025-26 -- as demand growth remains steady and Brent crude oil prices fall -- to USD 70 a barrel in 2025 and USD65 a barrel in 2026, said Fitch Ratings.
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Large Indian NBFIs poised to outperform amid economic and regulatory chall
Updated : 1 year, 2 months ago IST
While softer economic conditions, tighter bank funding, and asset quality concerns are expected to affect the sector's credit growth and profitability in the near term, larger NBFIs with robust operations and diversified funding channels are expected to maintain steadier performance.
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Fitch Ratings affirms India's sovereign rating at 'BBB-' with a Stable Out
Updated : 1 year, 6 months ago IST
American credit rating agency Fitch Ratings, on August 29, affirmed India's Long-Term Foreign-Currency Issuer Default Rating (IDR) at 'BBB-' with a Stable Outlook.
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Fitch says Indian mining companies face margin risk after Supreme Court ru
Updated : 1 year, 7 months ago IST
On August 14, the Supreme Court ruled that mineral-rich states can collect past dues on royalty and taxes on mines and mineral-bearing land from April 1, 2005, from both the Centre and mining lease holders
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Indian IT services revenue growth to remain modest on soft IT spending, Fi
Updated : 1 year, 7 months ago IST
The modest growth rate is based on the rationale that clients may delay discretionary IT spending due to economic uncertainties.
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India's post-election budget nicely balances fiscal deficit, capital expen
Updated : 1 year, 8 months ago IST
"We believe that it (fiscal deficit) should be achievable as the government's assumption of 10.5 per cent nominal GDP growth in 2024-25 is modestly below our current forecast. We think the government should also be able to achieve its goal of reducing the deficit below 4.5 per cent of GDP in
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Fitch revises outlook on Tata Steel to Negative from stable; Affirms at 'B
Updated : 1 year, 8 months ago IST
This adjustment reflects growing concerns over the company's ability to effectively turn around its UK operations amid ongoing challenges that could hinder its financial recovery.
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India's downstream oil and gas profits to fall; upstream to remain strong:
Updated : 1 year, 9 months ago IST
Fitch projects a 3 per cent-4 per cent increase in India's petroleum product demand for the fiscal year ending in March 2025 (FY25), buoyed by rising consumer, industrial, and infrastructure needs.
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