Singapore, June 23 (ANI): Fitch Ratings has revised the outlook on long-term issuer default ratings of six rated Indian government-related entities to negative from stable.
Singapore, June 22 (ANI): Fitch Ratings has revised the outlook to negative from stable on long-term issuer default ratings (IDRs) of nine India-based banks while affirming their IDRs, support ratings and support rating floors.
Singapore, June 19 (ANI): Moody's Investors Service has downgraded Tata Motors Ltd's (TML's) corporate family rating (CFR) and the company's senior unsecured instruments rating to B1 from Ba3.
Hong Kong, June 19 (ANI): Asia Pacific emerging market (EM) banks whose ratings benefit from sovereign support could be affected if the economic impact of coronavirus deepens and governments' policy responses fail to adequately mitigate risks to the economy, Fitch Ratings has said.
Mumbai (Maharashtra) [India], June 19 (ANI): CARE Ratings standalone income from operations declined from Rs 297 crore in FY19 to Rs 219 crore in FY20 while other income increased from Rs 30 crore to Rs 31 crore.
Hong Kong, June 18 (ANI): Fitch Ratings on Thursday revised the outlook on India's long-term foreign currency issuer default rating (IDR) to negative from stable and affirmed the rating at BBB-minus.
Mumbai (Maharashtra) [India], June 13 (ANI): The credit impact of some Indian corporates' plans to privatise will be largely driven by their funding and capital structures post-privatisation and the effects these will have on the linkages between various entities in the groups and cash flow
Singapore, June 13 (ANI): Moody's Investors Service has downgraded GMR Hyderabad International Airport Ltd's (HIAL's) corporate family rating to Ba2 from Ba1 and confirmed Delhi International Airport Ltd's (DIAL's) Ba3 corporate family rating and senior secured ratings.
New Delhi [India], June 11 (ANI): Reforms undertaken by the government have been recognised by rating agencies who are anticipating higher growth and have also shown greater confidence in India's growth story, Chief Economic Advisor Krishnamurthy Subramanian said on Thursday.
Mumbai (Maharashtra) [India], June 11 (ANI): Reserve Bank of India Governor Shaktikanta Das on Thursday held a meeting with chiefs of credit rating agencies to discuss the macroeconomic situation and outlook on various sectors of the economy.
Mumbai (Maharashtra) [India], June 8 (ANI): India Ratings and Research (Ind-Ra) has assigned Adani Ports and Special Economic Zone (APSEZ) Ltd's non-convertible debentures (NCDs) a final rating of AA-plus with a stable outlook.
Singapore, June 2 (ANI): Moody's Investors Service on Tuesday downgraded 11 Indian banks along with as many non-financial companies and infrastructure majors besides four government-related issuers following a downgrade of the Indian government's issuer rating to Baa3 from Baa2 with a negati