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Hong Kong's role in global finance intact despite unrest: Fitch Ratings
Updated : 6 years, 3 months ago IST
Hong Kong, Dec 13 (ANI): There is little evidence so far that the social unrest in Hong Kong has adversely affected its role as a global financial centre, even amid severe short-term economic pressures, according to Fitch Ratings.
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Deposit traction visible in SFBs but improvement in other aspects awaited:
Updated : 6 years, 3 months ago IST
Mumbai (Maharashtra) [India], Dec 13 (ANI): Small finance banks (SFBs) will continue to see increased traction in deposits on the back of higher interest rates (1 to 2 per cent higher than most banks), focussed marketing strategies and maturing branches of a fast-growing branch network (40 p
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L&T Finance announces first tranche of public issue of secured redeemable
Updated : 6 years, 3 months ago IST
Mumbai (Maharashtra) [India], Dec 11 (ANI): L&T Finance Ltd is coming out with a public issue of secured redeemable non-convertible debentures with a face value of Rs 1,000 each.
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More NBFCs to go offshore as funding crunch continues: Fitch Ratings
Updated : 6 years, 3 months ago IST
Hong Kong, Dec 10 (ANI): India's non-bank financial companies (NBFCs) will look increasingly to offshore financing in 2020 as local funding conditions are likely to remain under pressure, according to Fitch Ratings.
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Acuite reaffirms AA minus rating to TFCI's NCD, revises outlook to negativ
Updated : 6 years, 3 months ago IST
Mumbai (Maharashtra) [India], Dec 9 (ANI): Acuite Ratings and Reseach on Monday reaffirmed the long-term rating of double-A minus to the Rs 300 crore secured redeemable non-convertible debenture issued by Tourism Finance Corporation of India (TFCI) but revised its outlook from stable to nega
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Care downgrades Dish TV's credit rating for bank facilities
Updated : 6 years, 3 months ago IST
Mumbai (Maharashtra) [India], Dec 9 (ANI): Care Ratings has downgraded Dish TV's short-term bank facilities rating to D from A4-plus.
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Indian banks' loan write-offs to continue: Fitch Ratings
Updated : 6 years, 3 months ago IST
Singapore, Dec 5 (ANI): Indian banks are likely to take significantly more loan write-offs against a backdrop of rising provisions and weak recovery prospects, Fitch Ratings said on Thursday.
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Moody's downgrades Yes Bank's ratings, assigns negative outlook
Updated : 6 years, 3 months ago IST
Singapore, Dec 5 (ANI): Moody's Investors Service on Thursday downgraded Yes Bank's long-term foreign currency issuer rating to B2 from Ba3.
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Fit India School Rating System launched as part of Fit India Campaign
Updated : 6 years, 3 months ago IST
New Delhi [India], Dec 4 (ANI): Union HRD Minister Ramesh Pokhriyal and Minister of State for Youth Affairs and Sports Kiren Rijiju launched the Fit India School Rating System at Kendriya Vidyalaya No 1, Delhi Cantt here on Wednesday.
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S&P reaffirms India's sovereign credit rating at BBB minus with stable out
Updated : 6 years, 3 months ago IST
New Delhi [India], Dec 4 (ANI): Rating agency Standard & Poor's has reaffirmed India's sovereign credit rating at BBB minus with stable outlook and expects its economy to grow strongly over the next two years.
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Mumbai Central station receives first 'Eat Right Station' certification by
Updated : 6 years, 3 months ago IST
New Delhi [India], Dec 3 (ANI): The Mumbai Central station of Railways was conferred with the 'Eat Right Station' certification with four stars rating by the Food Safety and Standards Authority of India (FSSAI) on Tuesday, as a part of 'Eat Right India' movement launched last year.
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Manapurram Finance assigned BB-minus long-term issuer rating for EMTN prog
Updated : 6 years, 3 months ago IST
Thrissur (Kerala) [India], Nov 28 (ANI): Manapurram Finance, a sizable lender against gold jewellery and ornaments, said on Thursday that international credit rating agency S&P has assigned issuer rating to its proposed issue of debt instruments in the form of US dollar-denominated senior no
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