Search For "investors service"
Covid-19 disruptions exacerbate credit quality deterioration for India Inc
Updated : 5 years, 8 months ago IST
Singapore, Sep 11 (ANI): The aggregate earnings before interest, taxes, depreciation and amortisation (EBITDA) for 22 rated Indian non-financial companies will fall by 24 per cent in the current financial year, global rating agency Moody's said on Friday.
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Risks to economic recovery rise as uncertainty around virus containment pe
Updated : 5 years, 9 months ago IST
New York [USA], Sep 7 (ANI): The continued rise in new infection rates across parts of Europe and Asia highlights the risk of a second wave of infections which could lead to renewed closures and a sustained pullback in consumption, Moody's Investors Service has said.
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Moody's cracks down on five Indian public sector banks
Updated : 5 years, 9 months ago IST
Singapore, Sep 4 (ANI): Moody's Investors Service on Friday downgraded various instruments of five Indian banks: Bank of Baroda, Bank of India, Canara Bank, Punjab National Bank and Union Bank of India.
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Credit quality weakens for A-Pac metals and mining on economic slowdown
Updated : 5 years, 9 months ago IST
Singapore, September 3 (ANI): The aggregate earnings before interest, taxes, depreciation and amortisation (EBITDA) for 24 rated mining and mining services companies in the Asia Pacific will decline around 10 per cent to 53 billion dollars in 2020 from 59 billion dollars in 2019, Moody's Inv
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Moody's affirms SBI's Baa3 deposit ratings, downgrades standalone profile
Updated : 5 years, 9 months ago IST
Singapore, Aug 26 (ANI): Moody's Investors Service has affirmed the long-term local and foreign currency deposit ratings of State Bank of India (SBI) at Baa3.
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Supply chain shifts, reshoring will have mixed impact on ASEAN region: Moo
Updated : 5 years, 9 months ago IST
Singapore, Aug 25 (ANI): Some member states of the Association of Southeast Asian Nations (ASEAN) will stand to benefit from supply chain shifts as countries reconfigure trade relationships following the COVID-19 crisis, Moody's Investors Service said on Tuesday.
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Corporations will assume burden of safety, raising costs post-COVID: Moody
Updated : 5 years, 9 months ago IST
Hong Kong, Aug 24 (ANI): The coronavirus pandemic will profoundly affect the way corporates interact with employees, customers, governments and one another, according to the latest sector in-depth report by Moody's Investors Service.
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Indian public sector banks face fresh capital shortages as coronavirus bit
Updated : 5 years, 9 months ago IST
Singapore, Aug 21 (ANI): The sharp slowdown in India's economic growth exacerbated by coronavirus outbreak will hurt public sector banks' (PSBs) asset quality and drive up credit costs, Moody's Investors Service said in a new report on Friday.
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COVID-19 to accelerate supply chain shifts in fragmented trade system: Moo
Updated : 5 years, 9 months ago IST
Singapore, Aug 12 (ANI): The coronavirus pandemic will likely accelerate fundamental shifts in trade relationships globally and particularly in Asia, Moody's Investors Service has said.
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Moody's upgrades Yes Bank to B3 following equity capital raising
Updated : 5 years, 10 months ago IST
Singapore, Aug 4 (ANI): Moody's Investors Service has upgraded Yes Bank's long-term foreign-currency issuer rating to B3 from Caa1.
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RBI's stress test results indicate high risk to asset quality: Moody's
Updated : 5 years, 10 months ago IST
Singapore, July 30 (ANI): The Reserve Bank of India's recent financial stability report and results of banking system stress tests show that banks' gross non-performing assets will rise meaningfully under all four stress test scenarios with their common equity tier one ratio declining by one
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Post-COVID shifts in consumption will affect credit fundamentals across se
Updated : 5 years, 10 months ago IST
Hong Kong, July 27 (ANI): The sudden and broadly disruptive effects of coronavirus lockdowns and social distancing have led to a massive change in households' discretionary and non-discretionary consumption patterns, Moody's Investors Service said on Monday.
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