Search For "fitch"
India's vaccination drive will be the largest in the world: Fitch
Updated : 5 years, 2 months ago IST
Singapore, December 21 (ANI): India's role in the global Covid-19 vaccine rollout will be significant both as a recipient of the medicine as well as a producer, according to Fitch Solutions Country Risk and Industry Research.
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Price hikes to dampen recovery for Indian automakers after festive boost:
Updated : 5 years, 2 months ago IST
Mumbai (Maharashtra) [India], December 17 (ANI): Indian automakers' plans to pass on higher commodity prices to customers will dim the prospects for a demand recovery after December when the boost in some categories from pent-up demand and festive spending fades and the economic impact from
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NBFIs' credit pressures to persist as GDP recovers: Fitch
Updated : 5 years, 3 months ago IST
Mumbai (Maharashtra) [India], December 11 (ANI): Indian non-banking financial institutions (NBFIs) will continue to face challenging conditions in 2021 even as the economy is projected to gradually recover, according to Fitch Ratings.
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Fitch expects gradual recovery for Indian aviation with risk of higher com
Updated : 5 years, 3 months ago IST
Chicago [US], December 10 (ANI): Fitch Ratings expects average revenue passenger kilometres for India's airlines to remain 40 per cent below 2019 levels in 2021 despite recovering from being 65 per cent lower in 2020.
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Rise in Indian auto loan arrears to lag economic slowdown: Fitch
Updated : 5 years, 3 months ago IST
Hong Kong, December 9 (ANI): The net cumulative 90-plus days past due arrears of Indian auto loan securitisations are expected to rise by 1.25 to 1.50 times from pre-pandemic levels in 2021 due to the lagged effect of macroeconomic stress, Fitch Ratings has said.
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Fitch revises India's FY21 GDP contraction forecast to 9.4 pc
Updated : 5 years, 3 months ago IST
London [UK], December 8 (ANI): Fitch Ratings has revised India's GDP forecast to minus 9.4 per cent in the current fiscal year from a previously projected contraction of 10.5 per cent after the economy staged a sharper rebound in the second quarter.
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More policy interest rate cuts to come: Fitch Solutions
Updated : 5 years, 3 months ago IST
Singapore, December 8 (ANI): Fitch Solutions has maintained that the Reserve Bank of India (RBI) will lower its policy repurchase (repo) rate by another 50 basis points by the end of FY22 (April 2021 to March 2022) with forecasts specifically looking at 25 basis points at the last FY21 polic
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Fitch affirms Axis Bank's IDR at BB-plus with negative outlook
Updated : 5 years, 3 months ago IST
Singapore, December 7 (ANI): Fitch Ratings has affirmed Axis Bank's long-term issuer default rating at BB-plus with a negative outlook and its viability rating at bb.
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Fitch affirms SBI's IDR at BBB-minus with negative outlook
Updated : 5 years, 3 months ago IST
Singapore, December 4 (ANI): Fitch Ratings has affirmed State Bank of India's (SBI's) long-term issuer default rating at BBB-minus with a negative outlook.
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Central govt reforms in response to COVID-19 can raise India's medium-term
Updated : 5 years, 3 months ago IST
New Delhi [India], November 20 (ANI): Revival of the central government's reform agenda in response to the coronavirus pandemic shock has the potential to raise India's medium-term growth rate, said Fitch Ratings on Friday.
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India's stimulus 3.0 supportive for growth, fiscal impact unclear: Fitch S
Updated : 5 years, 3 months ago IST
New Delhi [India], November 16 (ANI): Fitch Solutions on Monday said the schemes recently announced by the Centre to boost the employment, credit and manufacturing sectors would be supportive to India's economic rebound over the coming quarters, however, the actual impact on public finances
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Government incentive scheme to boost auto sector: Fitch Solutions
Updated : 5 years, 4 months ago IST
New Delhi [India], November 13 (ANI): A day after the Indian government approved Rs 1.46 trillion (USD20 bn) incentive programme to attract more foreign companies to set up manufacturing operations in the country, Fitch Solutions, on Friday, said the incentive scheme will give a boost to aut
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