Mumbai (Maharashtra) [India], September 22 (ANI): Fitch Ratings has taken rating action on the long-term issuer default ratings of four Indian non-bank financial institutions (NBFIs) in light of the companies' performance amid the coronavirus pandemic.
Singapore, September 17 (ANI): Fitch Ratings has maintained Cairn India Holdings Ltd (CIHL) long-term issuer default rating of B-plus on rating watch negative (RWN).
Mumbai (Maharashtra) [India], July 25 (ANI): Fitch Ratings has downgraded Future Retail's long-term issuer default rating and the rating on its 500 million dollars 5.6 per cent senior secured notes due in 2025 to C from CCC-plus with the recovery rating remaining at RR4.
Singapore, June 23 (ANI): Fitch Ratings has revised the outlook on long-term issuer default ratings of six rated Indian government-related entities to negative from stable.
Singapore, June 22 (ANI): Fitch Ratings has revised the outlook to negative from stable on long-term issuer default ratings (IDRs) of nine India-based banks while affirming their IDRs, support ratings and support rating floors.
Hong Kong, June 19 (ANI): Asia Pacific emerging market (EM) banks whose ratings benefit from sovereign support could be affected if the economic impact of coronavirus deepens and governments' policy responses fail to adequately mitigate risks to the economy, Fitch Ratings has said.
Mumbai (Maharashtra) [India], May 8 (ANI): Fitch Ratings has assigned Future Retail Ltd (FRL) a final long-term issuer default rating (IDR) of CCC-plus.
Singapore, May 2 (ANI): Fitch has affirmed Axis Bank's long-term issuer default rating (IDR) at BB-plus with a stable outlook but downgraded the bank's viability rating (VR) by one notch to bb from bb-plus.
Mumbai (Maharashtra) [India], Feb 26 (ANI): Fitch Ratings has revised the outlook on JSW Steel's (JSWS) long-term issuer default rating (IDR) to negative from stable and affirmed the IDR at BB.
Mumbai (Maharashtra) [India], Dec 17 (ANI): Fitch Ratings has affirmed Shriram Transport Finance Co Ltd's (STFC's) long-term issuer default rating (IDR) at BB plus with a stable outlook.
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.