Mumbai (Maharashtra) [India], Sept 4 (ANI): India Ratings and Research (Ind-Ra) said on Wednesday the amalgamation of 10 public sector banks (PSBs) along with implementation of specific measures on governance reforms could improve their performance on a sustainable basis, subject to the succ
Mumbai (Maharashtra) [India], Aug 31 (ANI): India Ratings and Research (Ind-Ra) on Saturday downgraded Yes Bank Ltd's long-term issuer rating to IND A plus from IND AA minus with negative outlook.
Mumbai (Maharashtra) [India], Aug 29 (ANI): India Ratings and Research (Ind-Ra) has revised pharmaceutical and biotechnology major Wockhardt's short-term bank facilities and commercial paper to IND A4 plus from IND A3 and for long-term loan facilities rating to IND BB plus/negative from IND
Mumbai (Maharashtra) [India], Aug 28 (ANI): CARE Ratings has downgraded credit rating on Coffee Day Global's long-term bank facilities to BBB from A and continued on credit watch with negative implications.
New Delhi [India], Aug 28 (ANI): India Ratings and Research (Ind-Ra) on Wednesday revised India's gross domestic product (GDP) growth in current financial year downwards to 6.7 per cent -- marking a six-year low -- from its earlier forecast of 7.3 per cent.
Mumbai (Maharashtra) [India], Aug 28 (ANI): Global rating agency S&P has placed IDBI Bank on credit watch, citing uncertainty over its ability to meet capital requirements over the next few months.
Mumbai (Maharashtra) [India], Aug 24 (ANI): India Ratings and Research (Ind-Ra) has downgraded ratings of Macrotech Developers Ltd (MDL) debt instruments to Ind BBB minus from Ind BBB plus and maintained the outlook as rating watch negative.
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.
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.