Search For "fitch"
Indian non-banks' relief from funding pressure only short-term: Fitch
Updated : 6 years, 7 months ago IST
Mumbai (Maharashtra) [India] July 25 (ANI): The Indian government's partial credit guarantee on asset purchases from non-bank lenders will ease funding pressure on the non-bank sector in the short term, Fitch Ratings said on Thursday but added that it does not address investors' long-term co
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Fitch downgrades Tata Motors to BB- with negative outlook
Updated : 6 years, 7 months ago IST
Mumbai (Maharashtra) [India], July 24 (ANI): Fitch Ratings on Wednesday downgraded the long-term issuer default rating of Tata Motors Limited to BB- from BB with a negative outlook.
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Fitch affirms Indian Oil at BBB- with stable outlook
Updated : 6 years, 7 months ago IST
Mumbai (Maharashtra) [India], July 23 (ANI): Fitch Ratings on Tuesday affirmed Indian Oil Corporation Ltd's (IOC's) long-term foreign currency issuer default rating at BBB- with stable outlook.
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Fitch affirms Glenmark Pharmaceuticals at 'BB' with stable outlook
Updated : 6 years, 8 months ago IST
Mumbai (Maharashtra) [India], July 11 (ANI): Fitch Ratings on Thursday affirmed Glenmark Pharmaceuticals Ltd's long-term issuer default rating at 'BB' with a stable outlook.
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Thermal capacity addition to remain subdued over FY20-FY21: Ind-Ra
Updated : 6 years, 8 months ago IST
New Delhi [India], July 11 (ANI): India Ratings and Research (Fitch Group) said on Thursday it expects coal-based capacity addition in the Indian power sector, which fell to a low of 3.6 gigawatt in 2018-19, to remain subdued at five to six GW per year in this fiscal year and next.
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Budget advances economic reform, but fiscal settings unchanged: Fitch
Updated : 6 years, 8 months ago IST
London [Britain], July 10 (ANI): Financial information services major Fitch Ratings said on Wednesday that the Union Budget for 2019-20 outlines some economic reforms that could support the economy but its fiscal stance remains broadly unchanged with no plans for meaningful consolidation.
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IMF to approve bailout package for Pak; Fitch says it would negatively imp
Updated : 6 years, 8 months ago IST
Islamabad [Pakistan], June 28 (ANI): The International Monetary Fund (IMF) is scheduled to hold its meeting in Washington on July 3 to consider three-year 'extended fund facility' of USD six billion for Pakistan.
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Trade wars causing collateral damage to global economic outlook: Fitch
Updated : 6 years, 8 months ago IST
New York [USA], June 23 (ANI): Threats to global growth outlook from protectionism have become much more significant in recent months which raise the possibility of disruptions to trade and investments, according to Fitch Ratings Inc.
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Slowdown in agriculture, manufacturing may pull GDP down to 6.6 pc: Fitch
Updated : 6 years, 8 months ago IST
London [Britain], June 18 (ANI): Global rating agency Fitch Ratings has cut forecast for India's gross domestic product (GDP) growth to 6.6 per cent for the current fiscal 2019-20, from 6.8 per cent projected three months ago, largely due to persistent slowdown in manufacturing and agricultu
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DHFL demise highlights funding risk at Indian non-bank lenders: Fitch
Updated : 6 years, 9 months ago IST
Mumbai (Maharashtra) [India], June 7 (ANI): Dewan Housing Finance Corporation Limited's (DHFL) liquidity problems and its failure this week to pay coupons highlight the funding challenges faced by India's non-bank finance sector, according to Fitch Ratings.
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Indian banks struggling with poor asset quality amid challenging environme
Updated : 6 years, 9 months ago IST
Singapore, June 2 (ANI): Fitch Ratings believes that the Indian banking sector is still struggling with poor asset quality and weak core capitalisation.
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Steelmakers' robust margins in FY19 likely to moderate: Fitch Ratings
Updated : 6 years, 9 months ago IST
Mumbai (Maharashtra) [India] May 30 (ANI): Fitch Ratings said on Thursday that healthy earnings before interest, tax, depreciation and amortisation (EBITDA) margins, which allowed Indian steelmakers like JSW Steel and Tata Steel to maintain stable leverage profiles in the past financial year
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