Growth in Artificial Intelligence (AI) generated music could gradually weaken demand for artist-created content and impact royalty-backed music intellectual property (IP) asset-backed securities (ABS), cautioned Fitch Ratings
Indian banks are set to strengthen their financial resilience under the Reserve Bank of India's (RBIs) proposed regulatory reforms, global rating agency Fitch Ratings said in a report released on Sunday.
The goods and services tax (GST) reforms will be credit positive for Indian companies as it will boost consumption and reduce risks of US tariffs, noted global rating agency Fitch in its latest report.
Fitch Ratings has revised its global GDP growth forecast moderately upward to 2.4 per cent for 2025, an increase of 0.2 percentage points from the June outlook.
Global rating agency Fitch has revised India's growth outlook for the fiscal year ending March 2026 to 6.9 per cent from its earlier projection of 6.5% in June Global Economic Outlook (GEO).
A Fitch Wire report said that while Indian corporates generally have low direct exposure to current US tariffs, the pharmaceutical industry remains vulnerable to future trade measures. The US is a key market for Indian drugmakers, and any tariff imposition could ripple across the sector.
Indian banks are seeing a marked easing in structural deposit pressures, helped by the Reserve Bank of India's (RBI) aggressive liquidity support measures in 2025, according to Fitch Ratings.
Indian banks are expected to maintain steady performance across most credit metrics in the financial year 2025-26 (FY26), though earnings may come under pressure, according to a recent report by Fitch Ratings.
According to Fitch, large NBFIs with a proven track record are earning more trust from investors and lenders. This growing confidence is helping them stay ahead of smaller players in the sector.
The 20 per cent stake buy by Sumitomo Mitsui Financial Group in 'YES BANK' could pave way for foreign participation in the Indian banking sector says a report by Fitch Ratings. The Reserve Bank of India's (RBI's) approval of YES BANK deal could pave way for similar transactions.
Global rating agency Fitch Ratings has raised India's medium-term growth potential by 0.2 percentage points to 6.4 per cent, while it has reduced China's growth projection by 0.3 per cent to 4.3 per cent from 4.6 per cent.