Search For "rating agency"
Moody's Awards Investment-Grade "A-bf" Rating to OpenEden's Tokenized T-Bi
Updated : 1 year, 8 months ago IST
Singapore, June 20: The global credit rating agency, Moody's Ratings, has awarded an "A-bf" bond fund rating to Hill Lights International Limited - the regulated fund that issues OpenEden's tokenized U.S. T-bills.
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With moderation in inflation India will see higher consumer spending: Fitc
Updated : 1 year, 8 months ago IST
The rating agency has elevated India's growth forecast by 20 basis point to 7.2 per cent for fiscal year 2024-25. Earlier in March Fitch has forecasted India's growth at 7 per cent.
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Morgan Stanley predicts Sensex at 82,000 in 12 months; risks include globa
Updated : 1 year, 9 months ago IST
In a recent report, international rating agency Morgan Stanley asserted that the third term of Prime Minister Narendra Modi which will end in 2029, will remain India's decade. The rating agency report says the most important aspect of the BJP-led New Democratic Alliance (NDA) retain
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ICRA expects wholesale inflation to inch up to 3 pc in June
Updated : 1 year, 9 months ago IST
Rating agency ICRA expects headline wholesale inflation to inch up modestly to 3.0 per cent in June 2024.
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Moody's maintains stable outlooks on three Indian public sector banks
Updated : 1 year, 9 months ago IST
Moody's Ratings (Moody's) on Friday affirmed the Baa3 ratings on three Indian public sector banks -- Bank of Baroda (BOB), Canara Bank, and Punjab National Bank (PNB). The rating agency maintained stable outlooks on the long-term ratings of all three banks.
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Power sector reforms to continue in Modi 3.0 : Moody's
Updated : 1 year, 9 months ago IST
Keeping aside the investor's apprehensions of weak policies under Narendra Modi's third term, the world rating agency, Moody's has expressed confidence in the growth trajectory of India's power sector. Moody's said renewable energy and electricity transmission will continue to drive investm
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RBI's red flag on non-bank lenders raises volatility, Fitch says
Updated : 1 year, 10 months ago IST
The RBI recently clarified that NBFIs should comply with existing regulatory caps on disbursal of loans in cash to below Rs 20,000 (around USD 240). This compares to a higher Rs 200,000 cap on general cash transactions for individuals, which some lenders, the rating agency said, had adopted
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Amid Red Sea crisis, Indian container cargo to grow 8% this fiscal: CareEd
Updated : 1 year, 10 months ago IST
The rating agency in its latest report added that the share of coastal cargo is expected to rise from 33 percent in financial year 24 to 42 percent by financial year 2026.
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Indian airlines to carry half of country's international traffic by 2028:
Updated : 1 year, 10 months ago IST
The rating agency asserted that the improvement would be driven by Indian airlines deploying additional aircraft and adding new routes in the international segment, as well as their inherent advantage of superior domestic connectivity compared with foreign carriers.
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KINARA CAPITAL Acquires 'A' Grade In Social And Environmental Rating (SER)
Updated : 1 year, 10 months ago IST
Bengaluru (Karnataka) [India], May 3: Kinara Capital, India's fast-growing fintech driving last-mile MSME financial inclusion, today announced acquiring the coveted 'A' grade in Social and Environmental Rating (SER) from MFR, a global leader in providing independent assessments, data and tec
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Crisil expects RBI to initiate repo rate cuts from mid-2024
Updated : 1 year, 11 months ago IST
As the Reserve Bank of India (RBI) maintained the status quo in repo rate for the seventh time this month, rating agency Crisil now expects the rate cut cycle to begin from mid-2024. The repo rate is the rate of interest at which RBI lends to other banks.
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US interest rate cut in June seems off the table: Moody's
Updated : 1 year, 11 months ago IST
Rating agency Moody's believes an interest rate cut at US Federal Reserve June's meeting is likely off the table given stubborn inflation in the country.
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