Search For "ratings"
Slowdown in agriculture, manufacturing may pull GDP down to 6.6 pc: Fitch
Updated : 6 years, 8 months ago IST
London [Britain], June 18 (ANI): Global rating agency Fitch Ratings has cut forecast for India's gross domestic product (GDP) growth to 6.6 per cent for the current fiscal 2019-20, from 6.8 per cent projected three months ago, largely due to persistent slowdown in manufacturing and agricultu
Read More
RBI has scope for another interest rate cut due to lower WPI inflation: In
Updated : 6 years, 9 months ago IST
New Delhi [India], June 14 (ANI): India Ratings and Research (Ind-Ra) said on Friday that a key driver of lower wholesale inflation has been manufactured products where inflation declined to 1.28 per cent in May compared to 1.72 per cent in April.
Read More
DHFL demise highlights funding risk at Indian non-bank lenders: Fitch
Updated : 6 years, 9 months ago IST
Mumbai (Maharashtra) [India], June 7 (ANI): Dewan Housing Finance Corporation Limited's (DHFL) liquidity problems and its failure this week to pay coupons highlight the funding challenges faced by India's non-bank finance sector, according to Fitch Ratings.
Read More
Interest rate cut in monetary policy unlikely to stimulate growth: Ind-Ra
Updated : 6 years, 9 months ago IST
Mumbai (Maharashtra) [India], June 5 (ANI): India Ratings and Research (Ind-Ra) said on Wednesday that an interest rate cut by the Reserve Bank of India (RBI), which is almost certain in the second bi-monthly monetary policy statement for 2019-20, is unlikely to stimulate demand in the near-
Read More
Indian banks struggling with poor asset quality amid challenging environme
Updated : 6 years, 9 months ago IST
Singapore, June 2 (ANI): Fitch Ratings believes that the Indian banking sector is still struggling with poor asset quality and weak core capitalisation.
Read More
Sahyadri Industries Ltd. jumps two points CRISIL A3 Ratings
Updated : 6 years, 9 months ago IST
Pune (Maharashtra) [India] May 31 (ANI/NewsVoir): CRISIL has upgraded its ratings for Sahyadri Industries Limited (SIL) to 'CRISIL BBB/Positive/CRISIL A3+'.
Read More
Steelmakers' robust margins in FY19 likely to moderate: Fitch Ratings
Updated : 6 years, 9 months ago IST
Mumbai (Maharashtra) [India] May 30 (ANI): Fitch Ratings said on Thursday that healthy earnings before interest, tax, depreciation and amortisation (EBITDA) margins, which allowed Indian steelmakers like JSW Steel and Tata Steel to maintain stable leverage profiles in the past financial year
Read More
Ind-Ra lowers FY 19 GDP estimate to 6.9 pc with Q4 forecast at 6.3 pc
Updated : 6 years, 9 months ago IST
New Delhi [India], May 27 (ANI): India Ratings and Research (Ind-Ra) said on Monday that it expects India's GDP growth rate during 2018-19 to be 6.9 per cent as against the advance estimate of 7 per cent.
Read More
India vote may bolster economic reform prospects: Fitch Ratings
Updated : 6 years, 9 months ago IST
London [Britain] May 27 (ANI): The victory of Bharatiya Janata Party (BJP) in India's general election reduces policy uncertainty in the near term and gives the party a mandate to continue its economic reform efforts, according to Fitch Ratings.
Read More
DHFL stops fresh deposits, premature withdrawals after downgraded credit r
Updated : 6 years, 9 months ago IST
Mumbai (Maharashtra) [India], May 22 (ANI): Cash-strapped Dewan Housing Finance Limited (DHFL) said on Wednesday that it will not allow premature withdrawals of its deposits with immediate effect in an effort to reorganise its liability management.
Read More
Steel producers staring at production disruption in 2020: Ind-Ra
Updated : 6 years, 9 months ago IST
Mumbai (Maharashtra) [India], May 21 (ANI): India Ratings and Research (Ind-Ra) said on Tuesday that steel production in the country will be significantly affected if the auction of mines completing 50 years of operations by March 2020 is materially delayed.
Read More
Weak fiscal position constrains India's sovereign ratings: Fitch
Updated : 6 years, 10 months ago IST
New Delhi [India], May 13 (ANI): The next government's medium-term fiscal policy in India will be of particular importance from a rating perspective, Fitch Ratings said on Monday.
Read More