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India's gold-focused NBFIs' risks rise with high gold prices: Fitch
Updated : 5 years, 6 months ago IST
Mumbai (Maharashtra) [India], Aug 28 (ANI): A surge in gold prices since the start of coronavirus pandemic has helped to support higher loan growth by some Indian non-bank financial institutions (NBFIs) that lend against the metal, a move that will bolster their interest income but the trend
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Crisil, Ind-Ra upgrade Yes Bank's bonds on improved liquidity
Updated : 5 years, 6 months ago IST
Mumbai (Maharashtra) [India], Aug 28 (ANI): Crisil and India Ratings (Ind-Ra) have upgraded infrastructure bonds and other papers of Yes Bank due to its improved liquidity and capital raised recently.
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Further consolidation in Indian aviation on slow demand rebound: Fitch
Updated : 5 years, 6 months ago IST
Singapore, Aug 26 (ANI): The weak liquidity position of some Indian airlines is likely to force them to curtail operations and allow stronger rivals to enhance their presence in the domestic aviation sector, Fitch Ratings said on Wednesday.
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Moody's affirms SBI's Baa3 deposit ratings, downgrades standalone profile
Updated : 5 years, 6 months ago IST
Singapore, Aug 26 (ANI): Moody's Investors Service has affirmed the long-term local and foreign currency deposit ratings of State Bank of India (SBI) at Baa3.
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GAIL's weaker EBIT highlights US LNG price risks: Fitch
Updated : 5 years, 6 months ago IST
Singapore, Aug 24 (ANI): Fitch Ratings says GAIL India Ltd's 82 per cent year-on-year plunge in earnings before interest and taxes (EBIT) to Rs 480 crore in the first quarter of the financial year ending March 2021 was weaker than the agency's expectations and reflects price risks under GAIL
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Ind-Ra downgrades South Indian Bank to A with negative outlook
Updated : 5 years, 6 months ago IST
Mumbai (Maharashtra) [India], Aug 22 (ANI): India Ratings and Research (Ind-Ra) has downgraded South Indian Bank's long-term issuer rating to A from A-plus with a negative outlook.
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Indian automakers' demand outlook cloudy despite some respite in July: Fit
Updated : 5 years, 6 months ago IST
Mumbai (Maharashtra) [India], Aug 22 (ANI): Demand for automobiles in India continues to be uncertain even though the sharp slide in sales during April to June slowed in July which could reflect the release of pent-up demand following gradual easing of restrictions to contain coronavirus pan
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Acuite again downgrades financial instruments of Future Enterprises
Updated : 5 years, 6 months ago IST
Mumbai (Maharashtra) [India], Aug 22 (ANI): Acuite Ratings and Research has again downgraded several financial instruments of Kishore Biyani-led Future Enterprises.
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Coronavirus hits Indian electricity demand, capacity addition: Fitch
Updated : 5 years, 6 months ago IST
Singapore, Aug 21 (ANI): Fitch Ratings expects India's electricity demand to drop by 4 per cent during the financial year ending March 2021 given the expectations of only a gradual pick-up in economic activity since pandemic-related lockdowns were relaxed in June.
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Merck Foundation CEO, RashaKelej and Namibia First Lady; Monica Geingos,
Updated : 5 years, 6 months ago IST
Accra [Ghana]/Mumbai (Maharashtra) [India], August 20 (ANI/BusinessWire India): Leading African PR & Rating firm, Avance Media announced its second annual publication on Africa's most prominent women dubbed the 2020 100 Most Influential African Women.
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Past instances of bank loan restructuring do not inspire confidence: Ind-R
Updated : 5 years, 7 months ago IST
Mumbai (Maharashtra) [India], Aug 19 (ANI): The recently announced loan restructuring guidelines for COVID-19 related stress will provide banks with an opportunity to keep viable accounts as standard in their books, India Ratings and Research (Ind-Ra) said on Wednesday.
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RMZ Corp becomes the first company globally to achieve the WELL HEALTH-SAF
Updated : 5 years, 7 months ago IST
Bengaluru (Karnataka) [India], Aug 17 (ANI/PRNewswire): RMZ Corp, India's leading privately owned real estate developer, manager and investor of real assets, today announced that globally it is the first to have earned the WELL Health-Safety Rating for Facility Operations and Management thro
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