According to the report, by the end of 2023, the share of ratings with a stable outlook in the Asia-Pacific corporate portfolio had declined significantly, plummeting from 83 per cent at the end of 2022 to a mere 68 per cent.
Moody's Investors Service has affirmed the ratings on eight Adani Group companies. It changed the outlook on four of the Group companies to stable from negative and maintained the stable outlook on the other four companies.
Fitch Ratings highlights that these targets align closely with their assumptions when affirming India's rating at 'BBB-' with a Stable Outlook in January.
According to Fitch Ratings, these transactions involve the securitization of receivables from a pool of revolving credit card accounts originated by Citibank, N.A. The class A notes have a Stable Outlook, and Fitch's evaluation is based on various key factors.
Mumbai (Maharashtra) [India], December 13: India Ratings and Research (Ind-Ra) has affirmed IDFC First Bank's debt instruments ratings at 'IND AA+' with stable outlook, the private sector lender said on Tuesday.
The affirmation is grounded in Fitch's expectation of Bharti's continuous improvement in EBITDA net leverage, driven by robust cash flow growth, and its capacity to fund considerable 5G-related capex alongside shareholder returns.
New Delhi [India], April 14 (ANI/ATK): With robust sales growth and financial stability, Sunil Kant Munjal promoted Hero Realty Pvt. Ltd. (HRPL) has received a huge boost from the key financial fraternity. The real-estate major has become the only real estate group in Delhi NCR to have A+ ra
Moody's Senior V-P said TCS's good corporate governance practices, reflected in its extremely strong balance sheet, large liquidity and net cash position, were a key credit strength supporting its Baa1 rating. The senior V-P said Infosys' good corporate governance practices, reflected in its
Mumbai (Maharashtra) [India], November 22 (ANI/NewsVoir): India's leading credit-led, AI-driven financial wellness platform, CASHe, today announced that its wholly-owned NBFC, Bhanix Finance & Investment Ltd. (BFIL) has been assigned a [ICRA] BBB (Stable) credit rating from ICRA.
New Delhi [India], October 8 (ANI/NewsVoir): Indian agrochemical major Best Agrolife Ltd. (BAL) on Friday informed that CARE Ratings Limited has assigned a 'CARE A-' rating to the long-term bank facilities of the company with a stable outlook.
Mumbai (Maharashtra) [India], June 25 (ANI): India Ratings and Research (Ind-Ra) has affirmed Induslnd Bank Limited's long-term issuer rating at 'IND AA+' with a stable outlook and short-term issuer rating at 'IND A 1 +'.