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Fitch cuts India growth forecast to 30-year low of 2 pc for FY21
Updated : 5 years, 11 months ago IST
Singapore, April 3 (ANI): Fitch Ratings on Friday cut its GDP growth forecast for India to 2 per cent for the fiscal year ending March 2021 after lowering it to 5.1 per cent previously, which will make it the slowest growth in India over the past 30 years.
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Moody's takes rating actions on four Indian financial institutions
Updated : 5 years, 11 months ago IST
Singapore, April 3 (ANI): Moody's Investors Service on Friday affirmed the deposit ratings of ICICI Bank and Axis Bank at Baa3, and of IDBI Bank at Ba2.
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Ind-Ra revises FY21 GDP growth downwards to 3.6 pc
Updated : 5 years, 11 months ago IST
Mumbai (Maharashtra) [India], Mar 30 (ANI) India Ratings and Research (Ind-Ra) on Monday revised its new financial year 2020-21 gross domestic product (GDP) growth down to 3.6 per cent from 5.5 per cent.
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Moody's places Hyderabad Airport's rating on review for possible downgrade
Updated : 5 years, 11 months ago IST
Singapore, Mar 26 (ANI): Moody's Investors Service has placed GMR Hyderabad International Airport Ltd's (HIAL's) Ba1 corporate family rating on review for possible downgrade.
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Moody's downgrades Delhi Airport's ratings to Ba3, places on review for fu
Updated : 5 years, 11 months ago IST
Singapore, Mar 25 (ANI): Moody's Investors Service on Wednesday downgraded Delhi International Airport Ltd's (DIAL's) corporate family rating and senior secured ratings to Ba3 from Ba2.
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Yes Bank ratings upgraded by ICRA, but stock falls by 14 pc
Updated : 5 years, 11 months ago IST
Mumbai (Maharashtra) [India], Mar 25 (ANI): Shares of Yes Bank dropped by 14.41 per cent on Wednesday afternoon even as ICRA upgraded its commercial papers and placed them on rating watch with developing implications.
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Crisil places Inox Leisure ratings on watch negative
Updated : 5 years, 11 months ago IST
Mumbai (Maharashtra) [India], Mar 24 (ANI): Multiplex chain Inox Leisure Ltd (ILL) said on Tuesday that Crisil has placed its bank facilities of Rs 319.68 crore on rating watch with negative implications.
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Moody's downgrades ONGC to Baa2 with negative outlook
Updated : 5 years, 11 months ago IST
Singapore, Mar 24 (ANI): Moody's Investors Service on Tuesday downgraded Oil and Natural Gas Corporation Ltd's (ONGC's) local and foreign currency issuer ratings to Baa2 from Baa1.
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ICRA downgrades Indian hospitality sector from stable to negative outlook
Updated : 5 years, 11 months ago IST
New Delhi [India], Mar 24 (ANI): Rating agency ICRA has revised the outlook on the Indian hospitality sector from stable to negative, following the global spread of COVID-19 pandemic.
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Ind-Ra places DIAL's bank loans on rating watch negative
Updated : 5 years, 12 months ago IST
Mumbai (Maharashtra) [India], Mar 20 (ANI): India Ratings and Research (Ind-Ra) on Friday placed Delhi International Airport Ltd's (DIAL's) bank loan ratings on rating watch negative (RWN).
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Coronavirus crisis is crushing global GDP growth: Fitch Ratings
Updated : 5 years, 12 months ago IST
London [UK], Mar 20 (ANI): The coronavirus crisis is crushing global GDP growth, according to Fitch Ratings latest quarterly Global Economic Outlook.
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Crisil assigns A2 rating to Yes Bank's Rs 20,000 crore CD
Updated : 5 years, 12 months ago IST
Mumbai (Maharashtra) [India], Mar 19 (ANI): Rating agency Crisil on Thursday assigned A2 rating to the Rs 20,000 crore certificate of deposit programme of Yes Bank Ltd.
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