Singapore, February 3 (ANI): S&P Global Ratings on Wednesday lowered its forecast of credit losses for banks globally at 1.8 trillion dollars in 2020 and 2021, down 15 per cent from its previous estimate of 2.1 trillion dollars in July 2020.
Singapore, Feb 2 (ANI): India's proposed plan to improve operations and finances of state-owned distribution companies (discoms), the weakest link in power supply value chain, will help mitigate cash flow stress observed in rated power generation companies (gencos) over time, according to Fi
Singapore, February 2 (ANI): Deficit targets presented in India's Budget are higher and medium-term consolidation more gradual than expected, Fitch Ratings said on Tuesday.
Singapore, February 2 (ANI): India's Budget for fiscal 2022 (ending March 31, 2022) represents a comprehensive effort by the Central government to shore up the country's nascent economic recovery, S&P Global Rating said on Tuesday.
Singapore, February 2 (ANI): S&P Global Ratings has said that Indian Railway Finance Corporation's (IRFC's) initial public offering does not alter its view of government support to the company.
New Delhi [India], January 29 (ANI): The Economic Survey 2021 released on Friday said that India's sovereign credit ratings do not reflect its fundamentals.
Singapore, January 29 (ANI): S&P Global Ratings on Friday kept Delhi International Airport Ltd's (DIAL's) B-minus ratings on credit watch negative but said the control period three (CP3) tariff implementation will not materially strain its cash flows and interest servicing ability.
Mumbai (Maharashtra) [India], January 28 (ANI): Telecom giant Jio has emerged as the world's fifth strongest brand with a brand strength index (BSI) score of 91.7 out of 100 and AAA-plus rating.
Singapore, January 28 (ANI): S&P Global Ratings expects most Asia Pacific sovereign credit ratings to remain unchanged in the next one to two years despite the continued pressures posed by Covid-19.
Singapore, January 27 (ANI): S&P Global Ratings has said Vedanta Resources' increased ownership in Vedanta Ltd will support the company's ability to meet its debt maturities over the next 12 to 18 months.
Singapore, January 27 (ANI): The proposed changes to regulatory framework for non-bank financial institutions (NBFIs) unveiled in the Reserve Bank of India's recent discussion paper are likely to enhance the sector's stability, according to Fitch Ratings.
Mumbai (Maharashtra) [India], January 22 (ANI): The Union Budget for 2021-22 should focus on boosting aggregate demand, expenditure reprioritisation and mobilising higher non-tax revenue, India Ratings and Research (Ind-Ra) said on Friday.