Search For "fitch"
Fitch Solutions revises India's fiscal deficit forecast to 7.8 per cent fr
Updated : 5 years, 4 months ago IST
New Delhi [India], November 6 (ANI): Fitch Solutions on Friday revised its forecast for central government's fiscal deficit for the financial year (FY) 2020-21 to 7.8 per cent from its earlier projection of 8.2 per cent.
Read More
Fitch affirms Adani Green Energy restricted group 2's notes at BBB-minus
Updated : 5 years, 5 months ago IST
Hong Kong, Oct 10 (ANI): Fitch Ratings has affirmed Adani Green Energy Ltd restricted group 2 (AGEL RG2) 362.5 million dollars senior secured partially amortising notes due in 2039 at BBB-minus.
Read More
Fitch affirms Hindustan Petroleum at BBB-minus with negative outlook
Updated : 5 years, 5 months ago IST
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.
Read More
Fitch affirms Exim Bank at BBB-minus with negative outlook
Updated : 5 years, 5 months ago IST
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).
Read More
Near-term headwinds to weigh on India's power and renewables growth: Fitch
Updated : 5 years, 5 months ago IST
Singapore, October 7 (ANI): India's power consumption and generation are likely to contract by 6.6 per cent and 6.8 per cent respectively, and for capacity to grow by only 2.7 per cent this year, according to Fitch Solutions.
Read More
Economic recovery key to limiting Indian banks' loan losses: Fitch
Updated : 5 years, 5 months ago IST
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.
Read More
IT services growth to return in 2021 defying coronavirus pandemic: Fitch
Updated : 5 years, 5 months ago IST
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.
Read More
Moody's assigns Ba2 rating to JSW Steel's unsecured notes, Fitch gives BB-
Updated : 5 years, 5 months ago IST
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.
Read More
A-Pac bank provisioning set to remain elevated in 2021: Fitch
Updated : 5 years, 5 months ago IST
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.
Read More
Potential US sanctions loom over banks with China connections: Fitch
Updated : 5 years, 5 months ago IST
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.
Read More
Orix investment to support Greenko's credit profile, ratings intact
Updated : 5 years, 5 months ago IST
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
Read More
Fitch takes rating action on four Indian NBFIs after pandemic-impact revie
Updated : 5 years, 5 months ago IST
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.
Read More