Search For "fitch"
Fitch removes positive outlook on Future Retail
Updated : 4 years, 11 months ago IST
Mumbai (Maharashtra) [India], April 17 (ANI): Fitch Ratings has affirmed Future Retail Ltd's (FRL's) issuer default rating at 'C' and the rating on its USD500 million 5.6 per cent senior secured notes due 2025 at 'C' while revising the recovery rating to 'RR5' from 'RR4'.
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Currency frictions pose limited macro risk for Asian sovereigns: Fitch
Updated : 4 years, 11 months ago IST
Hong Kong, April 16 (ANI): Fitch Ratings has said it expects the Biden administration to downplay tensions over exchange-rate policies with trade partners in Asia due in part to geopolitical considerations even though some are on or at risk of being placed on the US Treasury's currency ma
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Resurgence of Covid-19 infections to take a toll on Indian healthcare syst
Updated : 4 years, 11 months ago IST
Singapore, April 16 (ANI): India remains badly placed to tackle the rapid spread of coronavirus despite several reforms and the unprecedented crisis has highlighted the need to increase investments in the healthcare sector, Fitch Solutions said on Friday.
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Coal-fired power plant development to remain growth driver in India: Fitch
Updated : 4 years, 11 months ago IST
Singapore, Apr 13 (ANI): Coal-fired power plants will be the primary driver of infrastructure investment in India's power sector over the next decade, Fitch Solutions said on Tuesday.
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Rating on Azure Power Solar's notes unaffected by sale of rooftop projects
Updated : 4 years, 11 months ago IST
Hong Kong, Apr 12 (ANI): The rating on Azure Power Solar Energy Pvt Ltd's (APSEPL')s 350.1 million dollar 5.65 per cent senior notes due 2024 is not affected by the sale of Azure Power Global Ltd's (APGL's) rooftop solar portfolio, Fitch Ratings said on Monday.
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With RBI keeping interest rates on hold, quantitative easing to unfold: Fi
Updated : 4 years, 11 months ago IST
Singapore, Apr 10 (ANI): Fitch Solutions has revised its forecast for the Reserve Bank of India (RBI) to keep its policy repurchase (repo) rate on hold at 4 per cent over the course of FY22 (April 2021 to March 2022) from its prior view for a 25 basis points cut to 3.75 per cent.
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Second Covid-19 wave heightens risks for Indian banks: Fitch
Updated : 4 years, 11 months ago IST
Mumbai (Maharashtra), Apr 9 (ANI): India's second wave of Covid-19 infections poses increased risks for India's fragile economic recovery and its banks, Fitch Ratings said on Friday.
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Coronavirus surge can delay Indian NBFIs' recovery: Fitch
Updated : 4 years, 11 months ago IST
Singapore, April 8 (ANI): India's non-bank financial institutions (NBFIs) face renewed asset quality and liquidity risks amid a second wave of coronavirus infections, according to Fitch Ratings.
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Fitch assigns HCL Tech first-time A-minus IDR, outlook stable
Updated : 4 years, 11 months ago IST
Hong Kong, Apr 5 (ANI): Fitch Ratings on Monday assigned HCL Technologies first-time long-term foreign- and local-currency issuer default ratings of A-minus.
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Fitch affirms Tata Chemicals at BB-plus with stable outlook
Updated : 4 years, 11 months ago IST
Singapore, Mar 27 (ANI): Fitch Ratings has affirmed Tata Chemicals Ltd's (TCL's) long-term foreign currency issuer default rating at BB-plus with a stable outlook.
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Multiple steps remain in BPCL's divestment: Fitch
Updated : 4 years, 11 months ago IST
Singapore, March 26 (ANI): There has been progress in Bharat Petroleum Corporation Ltd's (BPCL's) disinvestment following developments on key queries raised by potential buyers but multiple steps of the process remain outstanding, according to Fitch Ratings.
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A-Pac banks to face portfolio valuation losses as yields rise: Fitch
Updated : 4 years, 11 months ago IST
Singapore, March 26 (ANI): A rise in yields for long-dated sovereign bonds will result in near-term losses for the Asia Pacific (A-Pac) banks as they recognise valuation changes on their available-for-sale (AFS) bond portfolios, according to Fitch Ratings.
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