Singapore, Mar 9 (ANI): Fitch Ratings said on Monday that operating environment remains difficult for India's banks in line with its negative outlook for the sector despite some indications of an improvement in the macroeconomic outlook.
Mumbai (Maharashtra) [India], Mar 7 (ANI): India Ratings and Research (Ind-Ra) has downgraded PNB Housing Finance Ltd's (PNBHF) non-convertible debentures (NCDs) rating to AA from AA-plus with a stable outlook.
Mumbai (Maharashtra) [India], Mar 5 (ANI): Equity benchmark indices traded with a positive bias during early hours on Thursday as global markets swung higher with central banks offering interest rate cuts to stabilise economic outlook amid spreading coronavirus.
Paris [France], Mar 2 (ANI): The coronavirus Covid-19 presents the global economy with its greatest danger since the 2008 financial crisis, according to the OECD's latest interim economic outlook released on Monday.
New Delhi [India], Feb 28 (ANI): Investment information firm ICRA has maintained a negative outlook on the Indian aviation industry in view of ongoing lockouts in parts of China following the outbreak of coronavirus.
New York [USA], Feb 27 (ANI): The Financial Action Task Force's (FATF's) announcement that Pakistan will remain on its list of jurisdictions under increased monitoring is credit negative for the country's banks, Moody's Investors Service said its latest credit outlook report released on Thur
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], Feb 25 (ANI): Pharmaceutical and biotechnology major Wockhardt said on Tuesday that India Ratings and Research (Ind-Ra) has placed its long-term issuer rating of BB plus on rating watch evolving (RWE) with a negative outlook.
Mumbai (Maharashtra) [India], Feb 24 (ANI): Crisil has downgraded its rating on long-term debt instruments, bank facilities and fixed deposit programme of PNB Housing Finance Ltd worth Rs 4,000 crore to AA/FAA plus from AA plus/FAAA.
Mumbai (Maharashtra) [India], Feb 19 (ANI): India Ratings and Research (Ind-Ra) has revised the textile sector's outlook to negative for FY21 from stable as weak domestic demand growth, threat of cheap imports and dwindling incentives and exports are likely to keep volumes muted.