Singapore, December 17 (ANI): S&P Global Ratings on Thursday affirmed BB-plus long-term and B short-term issuer credit ratings on Union Bank of India (UBI).
Singapore, December 15 (ANI): S&P Global Ratings on Tuesday revised India's real GDP growth to negative 7.7 per cent for the current financial year ending March 2021 from negative 9 per cent previously.
Singapore, December 14 (ANI): COVID-19's effect on industries has varied dramatically and will continue to be felt for years in terms of the growth outlook, financial policy and credit metrics, S&P Global Ratings said on Monday.
Singapore, December 11 (ANI): S&P Global Ratings on Friday lowered its long-term foreign and local currency sovereign credit ratings on Sri Lanka to CCC-plus from B-minus.
Singapore, December 9 (ANI): S&P Global Ratings expects Tata Steel to sustain solid earnings over the next 12 to 18 months following a rebound in the second quarter of fiscal 2021, helped by a benign steel price environment and lower input costs.
Melbourne [Australia], December 7 (ANI): As borrowers rebuild businesses and finances in 2021, the operating backdrop should improve with economies rebounding and COVID-19 vaccines coming online, S&P Global Ratings said on Monday.
Singapore, December 4 (ANI): The COVID-19 pandemic will continue to put a heavy strain on global credit conditions in 2021 despite positive news on a vaccine, S&P Global Ratings said on Friday in its 'Global Credit Outlook 2021: Back On Track?'
Singapore, October 14 (ANI): A total of 10 companies rated by S&P Global Ratings including seven confidential issuers defaulted in Asia last year, up from three corporate defaults in 2018.
Hong Kong, September 29 (ANI): Deepening divergence in the COVID-19 recovery is weighing on credit conditions in the Asia Pacific, S&P Global Ratings said on Tuesday.
Singapore, Sep 26 (ANI): Normalisation from Covid-19 economic disruption is expected to take longer in India, Japan, Australia and most of southeast Asia, according to a new report by S&P Global Ratings titled 'Asia Pacific's Recovery: The Hard Work Begins.'
Singapore, Sep 25 (ANI): S&P Global Ratings on Friday affirmed its BBB-minus long-term and A-3 short-term unsolicited foreign and local currency sovereign ratings on India.
Melbourne [Australia], September 24 (ANI): COVID-19 and the oil price shock of 2020 are taking a heavy toll on global banks, S&P Global Ratings said on Thursday adding that it will be difficult for them to return to pre-crisis levels in the next three years.