Search For "fitch"
Coronavirus impact on GDP will be felt for years to come: Fitch
Updated : 5 years, 7 months ago IST
London [UK], July 31 (ANI): The impact of 2020 coronavirus recession on GDP will continue to be felt for years to come with GDP levels in the largest advanced economies expected to remain around 3 to 4 per cent below their pre-virus trend path by the middle of this decade, Fitch Ratings h
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Fitch downgrades Future Retail's IDR to C on missed coupon
Updated : 5 years, 7 months ago IST
Mumbai (Maharashtra) [India], July 25 (ANI): Fitch Ratings has downgraded Future Retail's long-term issuer default rating and the rating on its 500 million dollars 5.6 per cent senior secured notes due in 2025 to C from CCC-plus with the recovery rating remaining at RR4.
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Fitch affirms Indian Oil Corporation at BBB-minus with negative outlook
Updated : 5 years, 7 months ago IST
Singapore, July 21 (ANI): Fitch Ratings has affirmed Indian Oil Corporation's (IOC's) long-term foreign-currency issuer default rating at BBB-minus with a negative outlook.
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Fitch affirms Glenmark Pharmaceuticals at BB, withdraws proposed bond rati
Updated : 5 years, 8 months ago IST
Singapore, July 10 (ANI): Fitch Ratings has affirmed Glenmark Pharmaceuticals' long-term issuer default rating at BB with a stable outlook.
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India's NBFI liquidity and asset-quality risks remain elevated: Fitch
Updated : 5 years, 8 months ago IST
Singapore, July 2 (ANI): India's non-bank financial institutions (NBFIs) will continue to face elevated near-term risks even as economic activity picks up with the easing of the country's nationwide lockdown, according to Fitch Ratings.
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Axis Bank to raise up to Rs 15,000 crore
Updated : 5 years, 8 months ago IST
Mumbai (Maharashtra) [India], July 2 (ANI): The board of directors at private sector lender Axis Bank on Thursday approved a proposal relating to raising of funds up to Rs 15,000 crore to beef up capital buffers.
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Asia Pacific telecoms on course for muted growth, 5G delays: Fitch
Updated : 5 years, 8 months ago IST
Singapore, June 26 (ANI): The average revenue growth for Asia Pacific telecom sector will be flat to low-single-digit this year (2019: 4 per cent) before recovering to pre-pandemic levels in 2021, according to Fitch Ratings.
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Fitch revises Indian GREs' and HPCL's outlook to negative, affirms IDRs at
Updated : 5 years, 8 months ago IST
Singapore, June 23 (ANI): Fitch Ratings has revised the outlook on long-term issuer default ratings of six rated Indian government-related entities to negative from stable.
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Fitch revises outlook on 9 Indian banks' IDRs to negative
Updated : 5 years, 8 months ago IST
Singapore, June 22 (ANI): Fitch Ratings has revised the outlook to negative from stable on long-term issuer default ratings (IDRs) of nine India-based banks while affirming their IDRs, support ratings and support rating floors.
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A-Pac banks rating actions highlight importance of sovereign support: Fitc
Updated : 5 years, 8 months ago IST
Hong Kong, June 19 (ANI): Asia Pacific emerging market (EM) banks whose ratings benefit from sovereign support could be affected if the economic impact of coronavirus deepens and governments' policy responses fail to adequately mitigate risks to the economy, Fitch Ratings has said.
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Fitch revises India's outlook to negative, affirms IDR at BBB-minus
Updated : 5 years, 8 months ago IST
Hong Kong, June 18 (ANI): Fitch Ratings on Thursday revised the outlook on India's long-term foreign currency issuer default rating (IDR) to negative from stable and affirmed the rating at BBB-minus.
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Credit impact of delistings by Indian corporates uncertain: Fitch
Updated : 5 years, 9 months ago IST
Mumbai (Maharashtra) [India], June 13 (ANI): The credit impact of some Indian corporates' plans to privatise will be largely driven by their funding and capital structures post-privatisation and the effects these will have on the linkages between various entities in the groups and cash flow
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