Search For "fitch"
Indian banks' balance sheet risks rise with increasing lending pressure: F
Updated : 5 years, 9 months ago IST
Singapore, May 29 (ANI): Indian banks are looking at significant asset quality challenges for at least the next two years despite regulatory measures, according to Fitch Ratings.
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Fitch downgrades ratings of JSW Steel, Tata Steel with negative outlook
Updated : 5 years, 9 months ago IST
Singapore, May 25 (ANI): Fitch Ratings has downgraded issuer default ratings (IDRs) of JSW Steel and Tata Steel to BB-minus from BB after completing a portfolio review.
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NBFI support measures hinge on execution: Fitch Ratings
Updated : 5 years, 9 months ago IST
Singapore, May 21 (ANI): Indian non-bank financial institutions' (NBFI) funding and liquidity will continue to face pressure despite a pick-up in loan collections, according to Fitch Ratings.
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Fitch assigns Future Retail's final rating at CCC+ on liquidity pressures
Updated : 5 years, 10 months ago IST
Mumbai (Maharashtra) [India], May 8 (ANI): Fitch Ratings has assigned Future Retail Ltd (FRL) a final long-term issuer default rating (IDR) of CCC-plus.
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Fitch affirms Axis Bank's IDR at BB-plus with stable outlook, downgrades V
Updated : 5 years, 10 months ago IST
Singapore, May 2 (ANI): Fitch has affirmed Axis Bank's long-term issuer default rating (IDR) at BB-plus with a stable outlook but downgraded the bank's viability rating (VR) by one notch to bb from bb-plus.
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RBI's mutual fund support plan may struggle to be effective: Fitch
Updated : 5 years, 10 months ago IST
Singapore, April 29 (ANI): The official support measures announced for mutual funds in India may struggle to be effective as under-capitalised banks are unlikely to be tempted to extend liquidity to the sector without capital relief on the facilities, according to Fitch Ratings.
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COVID-19 damages India's growth and fiscal outlook, may impact sovereign r
Updated : 5 years, 10 months ago IST
Hong Kong, April 28 (ANI): Fitch Ratings has again revised down its economic growth forecast for India to 0.8 per cent in the fiscal year ending March 2021, reflecting the impact of the coronavirus pandemic and official efforts to contain it.
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Fitch slashes India growth forecast to below 1 pc this year
Updated : 5 years, 10 months ago IST
London [UK], April 23 (ANI): Fitch Ratings has made further large cuts to global GDP forecasts in its latest Global Economic Outlook (GEO) in response to coronavirus-related lockdown extensions and incoming data flows, saying the Indian economy is expected to grow at below one per cent this
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Fitch cuts India growth forecast to 30-year low of 2 pc for FY21
Updated : 5 years, 11 months ago IST
Singapore, April 3 (ANI): Fitch Ratings on Friday cut its GDP growth forecast for India to 2 per cent for the fiscal year ending March 2021 after lowering it to 5.1 per cent previously, which will make it the slowest growth in India over the past 30 years.
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Coronavirus crisis is crushing global GDP growth: Fitch Ratings
Updated : 5 years, 11 months ago IST
London [UK], Mar 20 (ANI): The coronavirus crisis is crushing global GDP growth, according to Fitch Ratings latest quarterly Global Economic Outlook.
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Coronavirus to weaken sovereign fiscal positions: Fitch Ratings
Updated : 5 years, 12 months ago IST
Hong Kong, Mar 18 (ANI): The economic impact of coronavirus combined with associated policy responses is likely to result in a higher-than-average number of sovereign rating actions in 2020 and a more pronounced downward bias in sovereign rating changes than in any year since the aftermat
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Fiscal space limited for many sovereigns, including India: Fitch Ratings
Updated : 6 years ago IST
London [UK], Mar 13 (ANI): All the G7 plus India are among the three weakest sovereigns in terms of public finances in their rating categories, according to Fitch Ratings.
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