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 5 (ANI): ICRA Ratings said on Monday it sees significant challenges in the resolution of stressed construction companies, which has the likelihood of delaying the process and reducing the realisable value considerably.
New Delhi [India], July 31 (ANI): India Ratings and Research (Ind-Ra) on Wednesday said that the one million tonne increase in buffer stock of sugar announced recently by the Cabinet Committee on Economic Affairs (CCEA) is incrementally positive but may not be enough to address the prevailin
Mumbai (Maharashtra) [India] July 25 (ANI): The Indian government's partial credit guarantee on asset purchases from non-bank lenders will ease funding pressure on the non-bank sector in the short term, Fitch Ratings said on Thursday but added that it does not address investors' long-term co
Mumbai (Maharashtra) [India], July 24 (ANI): Fitch Ratings on Wednesday downgraded the long-term issuer default rating of Tata Motors Limited to BB- from BB with a negative outlook.
Mumbai (Maharashtra) [India], July 24 (ANI): India Ratings and Research (Ind-Ra) has revised IDBI's long-term issuer rating at IND A and short-term issuer rating at IND A1 besides changing the rating outlook from 'rating watch negative' to 'negative.