Search For "ratings"
Moody's affirms SBI's Baa3 deposit ratings, downgrades standalone profile
Updated : 5 years, 6 months ago IST
Singapore, Aug 26 (ANI): Moody's Investors Service has affirmed the long-term local and foreign currency deposit ratings of State Bank of India (SBI) at Baa3.
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GAIL's weaker EBIT highlights US LNG price risks: Fitch
Updated : 5 years, 6 months ago IST
Singapore, Aug 24 (ANI): Fitch Ratings says GAIL India Ltd's 82 per cent year-on-year plunge in earnings before interest and taxes (EBIT) to Rs 480 crore in the first quarter of the financial year ending March 2021 was weaker than the agency's expectations and reflects price risks under GAIL
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Ind-Ra downgrades South Indian Bank to A with negative outlook
Updated : 5 years, 6 months ago IST
Mumbai (Maharashtra) [India], Aug 22 (ANI): India Ratings and Research (Ind-Ra) has downgraded South Indian Bank's long-term issuer rating to A from A-plus with a negative outlook.
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Indian automakers' demand outlook cloudy despite some respite in July: Fit
Updated : 5 years, 6 months ago IST
Mumbai (Maharashtra) [India], Aug 22 (ANI): Demand for automobiles in India continues to be uncertain even though the sharp slide in sales during April to June slowed in July which could reflect the release of pent-up demand following gradual easing of restrictions to contain coronavirus pan
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Acuite again downgrades financial instruments of Future Enterprises
Updated : 5 years, 6 months ago IST
Mumbai (Maharashtra) [India], Aug 22 (ANI): Acuite Ratings and Research has again downgraded several financial instruments of Kishore Biyani-led Future Enterprises.
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Coronavirus hits Indian electricity demand, capacity addition: Fitch
Updated : 5 years, 6 months ago IST
Singapore, Aug 21 (ANI): Fitch Ratings expects India's electricity demand to drop by 4 per cent during the financial year ending March 2021 given the expectations of only a gradual pick-up in economic activity since pandemic-related lockdowns were relaxed in June.
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Past instances of bank loan restructuring do not inspire confidence: Ind-R
Updated : 5 years, 6 months ago IST
Mumbai (Maharashtra) [India], Aug 19 (ANI): The recently announced loan restructuring guidelines for COVID-19 related stress will provide banks with an opportunity to keep viable accounts as standard in their books, India Ratings and Research (Ind-Ra) said on Wednesday.
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Gradual coal demand recovery amid high inventory to keep prices subdued in
Updated : 5 years, 7 months ago IST
Mumbai (Maharashtra) [India], Aug 17 (ANI): Coal prices are likely to be subdued in the current financial year on the back of low power demand and piling inventory at power stations, India Ratings and Research (Ind-Ra) said in its first edition of credit news digest published on Monday.
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Revenue, EBITDA margins of EPC companies to fall by 15 per cent in FY21: I
Updated : 5 years, 7 months ago IST
Mumbai (Maharashtra) [India], Aug 15 (ANI): The revenue and earnings before interest, taxes, depreciation and amortisation (EBITDA) margin of engineering, procurement and construction (EPC) companies will decline around 15 per cent year-on-year in the current financial year as COVID-19 led l
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Acuite downgrades Future Retail's Rs 200 crore NCDs to BB+
Updated : 5 years, 7 months ago IST
Mumbai (Maharashtra) [India], August 15 (ANI): Acuite Ratings and Research has downgraded the long-term rating on Rs 200 crore proposed non-convertible debentures of Future Retail to BB-plus from BBB-plus.
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Gold loan relaxation of LTV norms to limit exposure appetite of banks: Ind
Updated : 5 years, 7 months ago IST
Mumbai (Maharashtra) [India], Aug 13 (ANI): Gold loan non-banking finance companies (NBFCs) are unlikely to be significantly impacted by the Reserve Bank of India's new guidelines allowing banks to lend up to 90 per cent of the gold value as prudent lending practices may demand lenders to be
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Refinancing needs to rise as NBFCs roll out restructuring plans: Ind-Ra
Updated : 5 years, 7 months ago IST
Mumbai (Maharashtra) [India], Aug 12 (ANI): The Reserve Bank of India's decision allowing lenders to restructure loans will increase their refinancing requirements, especially for non-banking banking companies (NBFCs), India Ratings and Research (Ind-Ra) said on Wednesday.
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