New Delhi [India], Aug 21 (ANI): India Ratings and Research (Ind-Ra) on Wednesday affirmed engineering major BHEL's long-term issuer rating at IND AA plus but downgraded the outlook.
Singapore, Aug 21 (ANI): Banks in Asia's trade-dependent developed markets will face the most pressure on their credit profiles in the event of a sharp slowdown in the Chinese economy, according to a new report by Fitch Ratings.
New Delhi [India], Aug 21 (ANI): Rating agency CARE has revised its outlook on express distribution and supply chain solutions company Gati Ltd's long-term loans to negative from stable.
Singapore, Aug 16 (ANI): Fitch Ratings said on Friday it has downgraded leading real estate player Macrotech Developers Ltd (MDL) due to the concerns on liquidity management.
New Delhi [India], Aug 16 (ANI): The steel demand in India is expected to accelerate after the completion of monsoon season as construction activities will see a pickup in pace," Care Ratings said on Friday.
Mumbai (Maharashtra) [India], Aug 16 (ANI): Liquidity risk is increasing for Indian real estate developers as non-bank financial institutions (NBFIs) including housing finance companies are shying away from lending to the sector, Fitch Ratings said on Friday.
New Delhi [India], Aug 11 (ANI): If India opts for sovereign borrowing in foreign currency, the move should be accompanied by a well-crafted policy and special safeguard as the foreign exchange reserve is an accumulation of capital account surplus rather than current account, according to
New Delhi [India], Aug 9 (ANI): While the government has infused huge capital in public sector banks (PSBs), the funds have largely been used to mitigate losses and failed to contribute meaningfully to credit growth, according to India Ratings and Research (Ind-Ra).
Pune (Maharashtra) [India] August 06 (ANI/BusinessWire India): The Reserve Bank of India (RBI) has reduced the repo rate by 75 basis points in the past 6 months and is expected to deliver a fourth consecutive rate cut of 25 basis points on August 7, 2019.
New Delhi [India], Aug 6 (ANI): Rating agency ICRA has downgraded non-convertible debenture programme, long-term loans, long-term fund-based facilities and long-term non-fund-based facilities totalling Rs 22,250 crore to IRCA AA minus with negative outlook.