Fitch foresees the continuation of robust Viability Ratings (VR) for Indian banks, largely propelled by the bolstering operating conditions and sustained financial performance in the short run.
Singapore, December 7 (ANI): Fitch Ratings has affirmed Axis Bank's long-term issuer default rating at BB-plus with a negative outlook and its viability rating at bb.
Singapore, May 2 (ANI): Fitch has affirmed Axis Bank's long-term issuer default rating (IDR) at BB-plus with a stable outlook but downgraded the bank's viability rating (VR) by one notch to bb from bb-plus.
New Delhi [India], Feb 20 (ANI): Amid the ongoing million dollar fraud, credit rating body Fitch has placed Punjab National Bank's (PNB) viability rating (VR) in the negative watch category.