Singapore, Aug 12 (ANI): The operating profit of Adani Transmission Ltd's (ATL's) electricity transmission and distribution business is largely immune to lower volume caused by coronavirus pandemic as it benefits from a favourable regulatory framework, Fitch Ratings said on Wednesday.
Mumbai (Maharashtra) [India], Aug 11 (ANI): The Reserve Bank of India's (RBI's) recent proposal to allow banks to restructure many types of loans will extend uncertainty over the banking sector's asset quality, Fitch Ratings said on Tuesday.
Mumbai (Maharashtra) [India], Aug 10 (ANI): The Indian government's recent incentives to boost domestic manufacturing of active pharmaceutical ingredients (APIs) and key starting materials (KSMs) can improve backward integration over the next few years and curtail supply-chain disruption ris
Mumbai (Maharashtra) [India], Aug 8 (ANI): The absence of a common benchmark for lenders for reporting loans under moratorium has led to mismatches between the data in financial stability report published by the Reserve Bank of India (RBI) and the reported data of individual banks, India Rat
Mumbai (Maharashtra) [India], Aug 8 (ANI): India Ratings and Research (Ind-Ra) has affirmed private sector lender IDFC First Bank's debt instruments ratings at AA-plus with a negative outlook.
Mumbai (Maharashtra) [India], August 7 (ANI): Brickwork Ratings has said that an increase in loan to value (LTV) ratio to 90 per cent for borrowers increases the credit risk for banks as the collateral available in the form of gold ornaments or jewellery may not be sufficient to fully cover
Mumbai (Maharashtra) [India], Aug 7 (ANI): A moderate recovery for sea and road transport is underway post the easing of lockdown restrictions while air transport remains severely stressed, according to India Ratings and Research (Ind-Ra).
Singapore, Aug 7 (ANI): Indian telecom operators reported strong revenue and earnings before interest, taxes, depreciation and amortisation (EBITDA) growth in the three months ending June (Q1 FY21) due to tariff growth and higher data usage, defying the economic slowdown from the countrywide
Mumbai (Maharashtra) [India], Aug 5 (ANI): The recent surge in COVID-19 positive cases and subsequent lockdown imposed by various states are preventing the return of migrant labourers to their workplace, though such measures are necessary to control the outbreak, India Ratings and Research (
Mumbai (Maharashtra) [India], August 1 (ANI): Indian state-owned banks' plans to raise capital from private sources will not be sufficient to mitigate anticipated risks unless supplemented with additional capital support from the government, according to Fitch Ratings.