Melbourne [Australia], June 1 (ANI): Credit losses are set to fall across most Asia Pacific banking systems over the next two years, S&P Global Ratings said on Tuesday.
Singapore, May 31 (ANI): S&P Global Ratings on Monday affirmed its long-term foreign and local currency sovereign credit ratings on Sri Lanka at CCC-plus.
Mumbai (Maharashtra) [India], May 28 (ANI): S&P Global Ratings has affirmed BB long-term and B short-term foreign currency issuer credit ratings on IDBI Bank.
Singapore, May 25 (ANI): The banking sector is becoming more exposed to cyber crime after Covid-19 pandemic accelerated digitalisation and remote working, S&P Global Ratings said on Tuesday.
Singapore, May 18 (ANI): S&P Global Ratings said on Tuesday Vedanta Resources Ltd's ability to meet debt maturities until at least June 2022 has strengthened because of the likely strong operating performance of its subsidiary Vedanta Ltd.
Singapore, May 6 (ANI): S&P Global Ratings has said Reliance Industries Ltd's (RIL's) deleveraging of its balance sheet is likely to continue with the company's prudent investment policies, stable operations and potential for further asset monetisation supporting the trend.
Hong Kong, May 5 (ANI): India's second Covid wave may derail a strong recovery in the economy and credit conditions, S&P Global Ratings said on Wednesday.
Singapore, May 4 (ANI): S&P Global Ratings has affirmed a B-minus rating on Delhi International Airport Ltd (DIAL) with a positive outlook on improving cash flow prospects.
Singapore, April 29 (ANI): S&P Global Ratings on Thursday downgraded Future Retail to selective default (SD) on restructuring of onshore debt but kept the issue rating at CCC-minus.
Hong Kong, April 28 (ANI): India's escalating second wave of COVID-19 infections poses downside risks to GDP and heightens the possibility of business disruptions, S&P Global Ratings said on Wednesday.