Mumbai (Maharashtra) [India], Dec 17 (ANI): Fitch Ratings has affirmed Shriram Transport Finance Co Ltd's (STFC's) long-term issuer default rating (IDR) at BB plus with a stable outlook.
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.
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
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.
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.
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
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.
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
Mumbai (Maharashtra) [India], Nov 26 (ANI): India Ratings and Research (Ind-Ra) on Tuesday revised its GDP growth forecast for the current financial year (FY20) to 5.6 per cent.
Mumbai (Maharashtra) [India], Nov 25 (ANI): Thomas Cook India Ltd (TCIL) said on Monday that Crisil has reaffirmed its ratings on the debt programmes and bank facilities totalling Rs 739 crore.