Search For "fitch"
Fitch Ratings affirms stable outlook for key Indian banks amid economic tu
Updated : 1 year, 11 months ago IST
The ratings agency affirmed various credit ratings for these institutions, signaling confidence in their financial stability despite ongoing economic challenges.
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Fitch downgrades outlook on China to negative
Updated : 1 year, 11 months ago IST
Ratings agency Fitch revised its outlook on China's sovereign credit rating to negative from stable, citing risks to the country's public finance outlook and amid a transition away from real estate sector-led growth.
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Indian banks expected to maintain profitability amid margin pressure: Fitc
Updated : 1 year, 11 months ago IST
According to Fitch, while net interest margins (NIMs) are anticipated to narrow by 10 to 20 basis points over the next two years from the current cyclical peak of 3.6 per cent in the nine months of the financial year ending March 2024 (9MFY24), the sector's earnings resilience will persist.
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Indian banks' profitability to remain resilient despite margin pressure: F
Updated : 1 year, 11 months ago IST
Profitability of Indian banks is likely to continue to improve, although net interest margin (NIM) compression will limit earnings upside over the medium term, according to Fitch Ratings.
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Fitch raises India 2023-24 growth forecast above government estimates
Updated : 2 years ago IST
This growth forecast by the global rating agency is 20 basis points higher than the government's estimate of 7.6 per cent.
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Fitch raises global growth forecast on improved near-term prospects
Updated : 2 years ago IST
Fitch Ratings has raised its 2024 global GDP growth forecast by 0.3 percentage points to 2.4 per cent in its latest Global Economic Outlook (GEO), arguing that the prospects for growth world over in the near-term have improved.
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India's petroleum products demand to increase mid-single-digit percentage
Updated : 2 years, 1 month ago IST
India's demand for petroleum products is likely to increase by a mid-single-digit percentage in the financial year ending March 2024, following a 10 per cent post-pandemic recovery in 2022-23, according to Fitch Ratings.
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India's downstream oil and gas demand, upstream output to keep rising in F
Updated : 2 years, 1 month ago IST
According to Fitch Ratings, this follows a robust 5 per cent year-on-year increase in the first nine months of FY24 and a noteworthy 10 per cent post-pandemic recovery witnessed in FY23.
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Emerging-market capital inflows soar to a decade high, expected to reach U
Updated : 2 years, 1 month ago IST
The anticipated increase is attributed to several factors including higher growth prospects in emerging markets compared to developed markets and the potential for US Federal Reserve rate cuts later in the year.
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India's fiscal strategy gains momentum: Interim budget accelerates consoli
Updated : 2 years, 1 month ago IST
Fitch Ratings highlights that these targets align closely with their assumptions when affirming India's rating at 'BBB-' with a Stable Outlook in January.
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India's interim Budget reinforces commitment to gradual fiscal consolidati
Updated : 2 years, 1 month ago IST
India's interim Budget presented last week pointed to a slightly faster pace of consolidation in the next two fiscal years than was previously expected, and it reinforced its commitments to raise capital investment, said Fitch Ratings.
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Fitch Ratings: Hybrids pave the way for Japanese automakers' shift to batt
Updated : 2 years, 1 month ago IST
According to Fitch Ratings, the strategic positioning of HEVs as a transitional replacement for internal combustion engine (ICE) vehicles allows automakers to build profits and lay the groundwork for a seamless shift to BEVs.
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