Search For "rating agency"
India's foreign exchange reserves to remain robust; CAD to be contained at
Updated : 3 years, 4 months ago IST
Hong Kong, October 19 (ANI): India's external buffers appear sufficient to cushion risks associated with rapid monetary policy tightening in the US and high global commodity prices, says Fitch Ratings.
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Air traffic set to regain pre-pandemic heights this fiscal: Crisil
Updated : 3 years, 5 months ago IST
New Delhi [India], October 17 (ANI): Airport operators are expected to see their traffic volume recover to the pre-pandemic level during the current financial year 2022-23, thus spurring revenue recovery, said rating agency Crisil Ratings.
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Road logistics sector sees growth due to strong demands: Report
Updated : 3 years, 5 months ago IST
New Delhi [India], October 9 (ANI): During the financial year 2022-23, the domestic road logistics sector's growth is anticipated to continue due to the rapid expansion of business activities along with the support of robust growth in 2021-22 (FY22), said rating agency Icra recently.
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Moody's downgrades Pakistan with 'C rating' after seven years
Updated : 3 years, 5 months ago IST
Islamabad [Pakistan], October 8 (ANI): The New York-based credit rating agency Moody's Investors Service has downgraded Pakistan's local and foreign currency and senior unsecured debt ratings to Caa1 from B3, citing increased government liquidity and external vulnerability risks and higher d
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Sebi orders Brickwork Ratings to shut down in 6 months
Updated : 3 years, 5 months ago IST
Mumbai [India], October 7 (ANI): Market regulator Sebi has issued an order to Brickwork Ratings to wind up its operation within six months because the watchdog said there were major lapses in the rating agency's duties during its inspections.
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Strong demands support growth momentum for road logistics sector: ICRA
Updated : 3 years, 5 months ago IST
New Delhi [India], October 6 (ANI): The domestic road logistics sector is expected to continue its growth momentum in FY2023 supported by the accelerated pace of business activities, following a healthy growth in FY2022, ratings agency ICRA said on Thursday.
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Credit quality of India Inc strengthens in April-Sept 2022: ICRA
Updated : 3 years, 5 months ago IST
Mumbai (Maharashtra) [India], October 3 (ANI): The credit quality of India Inc continued to strengthen in the first half of the current financial year, carrying on with the momentum set in motion since the beginning of the financial year 2021-22, rating agency ICRA said on Monday.
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China's real estate sector poses 'large risks' to shadow bank lending: Moo
Updated : 3 years, 5 months ago IST
Singapore, September 28 (ANI): China's property sector still poses "large risks" to shadow bank lending amid ongoing liquidity stress, despite the falling proportion of shadow banking in the industry, Moody's Investors Service said.
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Tata Steel amalgamation won't have material impact on credit profile: Cred
Updated : 3 years, 5 months ago IST
Mumbai (Maharashtra) [India], September 27 (ANI): The amalgamation of seven business units of Tata Group with Tata Steel will help reduce costs and won't have any material impact on the company's credit profile, CreditSights, part of the rating agency Fitch, said in a report on Tuesday.
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Banks may see bad loans fall to a decadal low of 4% by March 2024: Crisil
Updated : 3 years, 5 months ago IST
New Delhi [India], September 21 (ANI) Gross non-performing assets (GNPAs) of banks are likely to decline by 90 basis points (bps) to 5 per cent this year and further improve to a decadal low of 4 per cent by March 31 next year, pushed by post-pandemic economic recovery and higher credit grow
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Multiplex revenues set to cross pre-pandemic levels in 2022-23: Report
Updated : 3 years, 5 months ago IST
New Delhi [India], September 21 (ANI): Revenues of multiplexes are set to cross pre-pandemic levels this financial year 2022-23 as more people are queuing up to watch movies after the pandemic-forced hiatus, said rating agency CRISIL Ratings.
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Fitch slashes global growth forecast, sees "mild" recession in US in mid-2
Updated : 3 years, 6 months ago IST
New Delhi [India], September 15 (ANI): The European gas crisis, high inflation and the pace of global monetary policy tightening are taking a heavy toll on economic prospects, rating agency Fitch Ratings' September 2022 Global Economic Outlook (GEO) said. European wholesale gas and electrici
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