Delhi NCR [India], March 26: Gaurs Group, a leading real estate developer in India, has been assigned a CRISIL A- rating with a stable outlook for its long-term instruments, while its short-term instruments have been rated CRISIL A2+. The ratings highlight the company's strong financial posi
Mumbai (Maharashtra) [India], January 30: AVP Infracon Limited (NSE -AVPINFRA), one of the leading infrastructure development companies, has been assigned a long-term rating of 'ACUITE BBB' with a 'Stable' outlook and a short-term rating of 'ACUITE A3+' by Acuite Ratings & Research Limit
Mumbai (Maharashtra) [India], December 6: SMFG India Credit (SMICC), a wholly-owned subsidiary of Sumitomo Mitsui Financial Group (SMFG), has been awarded an international credit rating of "AA-" with a stable outlook by the Japan Credit Rating Agency (JCR). This exceptional outcome places SM
Chennai (Tamil Nadu) [India], October 7: Star Health and Allied Insurance Company Limited (Star Health Insurance), India's leading health insurance provider, has achieved a significant milestone with a credit rating upgrade from India Ratings and Research (Ind-Ra). The company's Long-Term Is
Mumbai (Maharashtra) [India], October 2: IIFL Finance, which is one of India's largest non-banking financial companies, today said that leading rating agency CRISIL has removed IIFL Finance from 'Rating Watch with Developing Implications' and has reaffirmed the rating at 'CRISIL AA/CRISIL A
American credit rating agency Fitch Ratings, on August 29, affirmed India's Long-Term Foreign-Currency Issuer Default Rating (IDR) at 'BBB-' with a Stable Outlook.
Moody's Ratings on Thursday affirmed a stable outlook for state-owned oil companies Indian Oil Corporation Ltd (IOCL) and Bharat Petroleum Corporation Limited (BPCL).
Moody's Ratings (Moody's) on Friday affirmed the Baa3 ratings on three Indian public sector banks -- Bank of Baroda (BOB), Canara Bank, and Punjab National Bank (PNB). The rating agency maintained stable outlooks on the long-term ratings of all three banks.
Fitch Ratings has maintained its assessment of India's Long-Term Foreign-Currency Issuer Default Rating (IDR) at 'BBB-' with a Stable Outlook, despite the coalition government following the recent election results.
The upgrade considers AGEL's continued strong operational asset performance and a scale-up in execution, with annual capacity additions projected to increase to 4GW-5GW from the previous 2.5-3.5GW.
The ratings agency affirmed various credit ratings for these institutions, signaling confidence in their financial stability despite ongoing economic challenges.
Following a series of relatively strong growth numbers in the first three quarters of financial year 2023-24, Moody's has revised India's real GDP growth projection to 8 per cent for the full year.