Hong Kong, Mar 18 (ANI): The economic impact of coronavirus combined with associated policy responses is likely to result in a higher-than-average number of sovereign rating actions in 2020 and a more pronounced downward bias in sovereign rating changes than in any year since the aftermat
Mumbai (Maharashtra) [India], Mar 17 (ANI): Even after the tariff hikes, competitive pressure for telecom operators remains elevated, India Ratings and Research (Ind-Ra) has said in its latest credit news digest.
London [UK], Mar 13 (ANI): All the G7 plus India are among the three weakest sovereigns in terms of public finances in their rating categories, according to Fitch Ratings.
Singapore, Mar 12 (ANI): Non-bank financial institutions (NBFIs) will likely face renewed pressure on funding and liquidity following the Reserve Bank of India's (RBI's) takeover of Yes Bank this month, according to Fitch Ratings.
Mumbai (Maharashtra) [India], Mar 10 (ANI): India Ratings and Research (Ind-Ra) has revised the power sector outlook to negative for FY21 from stable-to-negative on account of muted growth in electricity demand and rising discoms dues.
Mumbai (Maharashtra) [India], Mar 9 (ANI): India Ratings and Research (Ind-Ra) on Monday revised Vedanta Ltd's outlook to negative from stable while affirming its long-term issuer rating at AA.
Singapore, Mar 9 (ANI): Fitch Ratings said on Monday that operating environment remains difficult for India's banks in line with its negative outlook for the sector despite some indications of an improvement in the macroeconomic outlook.
Mumbai (Maharashtra) [India], Mar 7 (ANI): India Ratings and Research (Ind-Ra) has downgraded PNB Housing Finance Ltd's (PNBHF) non-convertible debentures (NCDs) rating to AA from AA-plus with a stable outlook.
Mumbai (Maharashtra) [India], Mar 4 (ANI): The overall bank credit growth has been low so far this year with the first 10 months registering an increase of 3.5 per cent compared with 7 per cent last year (January over March), according to Care Ratings.
Mumbai (Maharashtra) [India], Mar 2 (ANI): The credit profiles of corporates are likely to remain under pressure as the economy grapples with a synchronised and prolonged economic slowdown, India Ratings and Research (Ind-Ra) said on Monday.