Singapore, Mar 12 (ANI): Non-bank financial institutions (NBFIs) will likely face renewed pressure on funding and liquidity following the Reserve Bank of India's (RBI's) takeover of Yes Bank this month, according to Fitch Ratings.
Singapore, Mar 9 (ANI): Fitch Ratings said on Monday that operating environment remains difficult for India's banks in line with its negative outlook for the sector despite some indications of an improvement in the macroeconomic outlook.
New York [USA], Feb 27 (ANI): The novel coronavirus has led to postponements or cancellations of various sports events, primarily in the Asia Pacific which will put pressure on affected stadiums' revenues, according to Fitch Ratings.
Mumbai (Maharashtra) [India], Feb 26 (ANI): Fitch Ratings has revised the outlook on JSW Steel's (JSWS) long-term issuer default rating (IDR) to negative from stable and affirmed the IDR at BB.
Mumbai (Maharashtra) [India], Feb 19 (ANI): Slowing GDP growth and weak consumer sentiment in India will continue to weigh on auto sales despite some improvement in the quarter ended December 2019, according to Fitch Ratings.
Hong Kong, Feb 7 (ANI): The ongoing coronavirus outbreak will dampen economic growth in China this year but the scale of the impact remains uncertain and will depend on the duration and intensity of the health crisis, Fitch Ratings has said.
Hong Kong, Feb 5 (ANI): The Union Budget for fiscal year ending March 2021 (FY21) implies a modest degree of slippage from previous targets to consolidate public finances, Fitch Ratings said on Wednesday.
Hong Kong, Jan 7 (ANI): Fitch Ratings has said there is no rating impact on Adani Ports and Special Economic Zone (APSEZ) from its proposed acquisition of a 75 per cent stake in Krishnapatnam Port Company Ltd (KPCL).
Mumbai (Maharashtra) [India], Dec 17 (ANI): Fitch Ratings has affirmed Shriram Transport Finance Co Ltd's (STFC's) long-term issuer default rating (IDR) at BB plus with a stable outlook.
Hong Kong, Dec 13 (ANI): There is little evidence so far that the social unrest in Hong Kong has adversely affected its role as a global financial centre, even amid severe short-term economic pressures, according to Fitch Ratings.
Hong Kong, Dec 10 (ANI): India's non-bank financial companies (NBFCs) will look increasingly to offshore financing in 2020 as local funding conditions are likely to remain under pressure, according to Fitch Ratings.